Hearing Implants & Associated Biomaterials Sector to Reach USD 5.8 Bn by 2023, States WinterGreen Research in Report Available at MarketPublishers.com
18 Sep 2017 • by Natalie Aster
LONDON – The worldwide market for hearing implants and associated biomaterials is worth USD 1.8 billion in 2017, and is expected to amount to USD 5.8 billion by 2023.
Hearing implants and biomaterial markets are poised to gain good momentum with growing use of next-gen metals, polymers, and ceramics poised to boost the value of hearing surgery and enhance surgical outcomes.
The top results were found amid children who received the cochlear implant (CI) at the age of 0-3 years old. They achieved improvements in hearing and language by 90-95%. 80-90% of these children develop hearing and language skills equivalent to those of normal-hearing children.
The CI has become widely recognised as an entrenched treatment for profound hearing loss. This is of good omen for market growth, as there is currently minimal, less than 1% market penetration. Novel materials and vaster surgeon experience will likely lower the cost of the implant, the device and the procedure alike.
Topical market research report “Hearing Implant and Biomaterials Market Shares, Strategies, and Forecasts” created by WinterGreen Research provides comprehensive, unprejudiced description and assessment of the market globally.
The study provides an all-round analysis of hearing implants across various categories, limelighting the variety of uses for devices in auditory surgical procedure by age group. It includes an all-encompassing procedure analysis, covering the numbers of procedures and giving a penetration analysis. The report canvasses the market dynamics, analyses market shares and offers market forecasts, identifies key market drivers, provides product description, gives insights into research and technology. Detailed profiles of ear implant biomaterials companies are available, too.
More topical research publications elaborated by this publisher are at hand at WinterGreen Research page.