Global Hearing Implants Market Outlook 2020
According to WHO, hearing loss affects around 5% of the world population, out of which 328 million are adults and 32 million are children. This number is set to rise dramatically in the coming years. Earlier, hearing aids were used as a preferred treatment option for hearing loss. However, some patients do not benefit from the use of hearing aids. For such people, another alternative is available in the form of hearing implants. Hearing implant is a small complex hearing device that can help to provide a sense of sound to a person who is profoundly deaf or severely hard of hearing.
According to the report Global Hearing Implants Market Outlook 2020”, the hearing implants market is anticipated to reach US$ 2.9 Billion by 2020. The report provides a detailed analysis of the market of these devices. The report also provides the current and forecasted market for hearing implants. The segmentation of hearing implants market has been done in the report on the basis of type of product, end users and geographical regions. On the basis of product type, the market has been segmented into cochlear implants, bone anchored implants, and others. Currently, the cochlear implants occupy the largest share in the global hearing implants market, and it is poised to maintain its position in the coming years. Based on the type of end user, the market is sub-divided into adults and children. Children use more of these implants as compared to adults.
On the basis of geography, North America accounts for the largest share of the hearing implants market. This high share was attributed to colossal patient pool, large number of commercially available implants for the treatment of various forms of hearing loss, favourable healthcare insurance coverage, and impressive healthcare systems customized for this sector. However, the Asia Pacific market is poised to witness the highest growth in the coming years owing to improving healthcare facilities in the region coupled with rising patient pool. In addition, the report also provides insight about the major drivers and challenges, latest trends and developments, and strategic collaborations impacting the industry growth.
The later part of the report discusses some of the prominent players in the global hearing implants market. The market share analysis of these players is also provided in the report. Furthermore, a brief business overview of each player has been provided along with their business segments, product portfolios and recent developments. Moreover, analysis of their strengths and weaknesses has also been done. Overall, the report will prove as a complete source of knowledge and analysis for clients and potential investors.
According to the report Global Hearing Implants Market Outlook 2020”, the hearing implants market is anticipated to reach US$ 2.9 Billion by 2020. The report provides a detailed analysis of the market of these devices. The report also provides the current and forecasted market for hearing implants. The segmentation of hearing implants market has been done in the report on the basis of type of product, end users and geographical regions. On the basis of product type, the market has been segmented into cochlear implants, bone anchored implants, and others. Currently, the cochlear implants occupy the largest share in the global hearing implants market, and it is poised to maintain its position in the coming years. Based on the type of end user, the market is sub-divided into adults and children. Children use more of these implants as compared to adults.
On the basis of geography, North America accounts for the largest share of the hearing implants market. This high share was attributed to colossal patient pool, large number of commercially available implants for the treatment of various forms of hearing loss, favourable healthcare insurance coverage, and impressive healthcare systems customized for this sector. However, the Asia Pacific market is poised to witness the highest growth in the coming years owing to improving healthcare facilities in the region coupled with rising patient pool. In addition, the report also provides insight about the major drivers and challenges, latest trends and developments, and strategic collaborations impacting the industry growth.
The later part of the report discusses some of the prominent players in the global hearing implants market. The market share analysis of these players is also provided in the report. Furthermore, a brief business overview of each player has been provided along with their business segments, product portfolios and recent developments. Moreover, analysis of their strengths and weaknesses has also been done. Overall, the report will prove as a complete source of knowledge and analysis for clients and potential investors.
1. ANALYST VIEW
2. RESEARCH METHODOLOGY
3. HEARING IMPLANTS - AN INTRODUCTION
4. DRIVERS AND CHALLENGES
4.1 Drivers
4.1.1 Increasing Geriatric Population
4.1.2 Rising Prevalence of Hearing Loss
4.1.3 Increasing Awareness
4.1.4 Advancements in Technology
4.1.5 Emerging Economies Offer Considerable Growth Potential
4.2 Challenges
4.2.1 High Cost
4.2.2 Limited Reimbursement
5. HEARING IMPLANTS MARKET OVERVIEW
6. MARKET SEGMENTATION BY TYPE OF IMPLANT
6.1 Cochlear Implants
6.2 Bone Anchored Implants
6.3 Others
7. MARKET SEGMENTATION BY END USER
7.1 Children
7.2 Adults
8. MARKET SEGMENTATION BY GEOGRAPHY
8.1 North America
8.2 Europe
8.3 Asia-Pacific
9. TRENDS AND DEVELOPMENTS
9.1 Increasing Usage of Hearing Implants for Pediatrics
9.2 Technological Advances in Cochlear Implants
10. ACQUISITIONS
11. COMPETITIVE LANDSCAPE
12. KEY PLAYERS ANALYSIS
12.1 MED-EL
12.2 Cochlear Limited
12.3 Sonova AG
12.4 William Demant Holding A/S
12.5 Medtronic, Inc.
12.6 Zhejiang Nurotron Biotechnology Co., Ltd.
12.7 Ototronix, LLC
12.8 Envoy Medical Corporation
12.9 Microson
12.10 Soundtech, Inc.
2. RESEARCH METHODOLOGY
3. HEARING IMPLANTS - AN INTRODUCTION
4. DRIVERS AND CHALLENGES
4.1 Drivers
4.1.1 Increasing Geriatric Population
4.1.2 Rising Prevalence of Hearing Loss
4.1.3 Increasing Awareness
4.1.4 Advancements in Technology
4.1.5 Emerging Economies Offer Considerable Growth Potential
4.2 Challenges
4.2.1 High Cost
4.2.2 Limited Reimbursement
5. HEARING IMPLANTS MARKET OVERVIEW
6. MARKET SEGMENTATION BY TYPE OF IMPLANT
6.1 Cochlear Implants
6.2 Bone Anchored Implants
6.3 Others
7. MARKET SEGMENTATION BY END USER
7.1 Children
7.2 Adults
8. MARKET SEGMENTATION BY GEOGRAPHY
8.1 North America
8.2 Europe
8.3 Asia-Pacific
9. TRENDS AND DEVELOPMENTS
9.1 Increasing Usage of Hearing Implants for Pediatrics
9.2 Technological Advances in Cochlear Implants
10. ACQUISITIONS
11. COMPETITIVE LANDSCAPE
12. KEY PLAYERS ANALYSIS
12.1 MED-EL
12.2 Cochlear Limited
12.3 Sonova AG
12.4 William Demant Holding A/S
12.5 Medtronic, Inc.
12.6 Zhejiang Nurotron Biotechnology Co., Ltd.
12.7 Ototronix, LLC
12.8 Envoy Medical Corporation
12.9 Microson
12.10 Soundtech, Inc.
LIST OF FIGURES:
Figure 4-1: Global - Population above 60 Years (Billion), 2013 & 2050
Figure 4-2: Global - Population Suffering from Hearing Loss (Billion), 2015 & 2025
Figure 5-1: Global - Hearing Implants Market (Billion US$), 2015-2020
Figure 6-1: Global - Hearing Implants Market by Type of Implant (%), 2015
Figure 6-2: Global - Cochlear Implants Market (Billion US$), 2015-2020
Figure 6-3: Global - Bone Anchored Implants Market (Billion US$), 2015-2020
Figure 6-4: Global - Other Implants Market (Billion US$), 2015-2020
Figure 7-1: Global - Hearing Implants Market by End User (%), 2015
Figure 7-2: Global - Hearing Implants Market for Children (Billion US$), 2015-2020
Figure 7-3: Global - Hearing Implants Market for Adults (Billion US$), 2015-2020
Figure 8-1: Global - Hearing Implants Market by Geographies (%), 2015
Figure 8-2: North America - Hearing Implants Market (Billion US$), 2015-2020
Figure 8-3: Europe - Hearing Implants Market (Billion US$), 2015-2020
Figure 8-4: Asia-Pacific - Hearing Implants Market (Billion US$), 2015-2020
Figure 10-1: Global - Share of Major Players in Hearing Implants Market (%), 2015
Figure 11-1: Cochlear Limited - Breakup of Revenue by Geographies (%), 2015
Figure 11-2: Sonova AG - Breakup of Revenue by Geographies (%), FY2014
Figure 11-3: William Demant Holding A/G - Breakup of Revenue by Geographies (%), 2014
Figure 11-4: Medtronic, Inc. - Breakup of Revenue by Geographies (%), 2015
Figure 4-1: Global - Population above 60 Years (Billion), 2013 & 2050
Figure 4-2: Global - Population Suffering from Hearing Loss (Billion), 2015 & 2025
Figure 5-1: Global - Hearing Implants Market (Billion US$), 2015-2020
Figure 6-1: Global - Hearing Implants Market by Type of Implant (%), 2015
Figure 6-2: Global - Cochlear Implants Market (Billion US$), 2015-2020
Figure 6-3: Global - Bone Anchored Implants Market (Billion US$), 2015-2020
Figure 6-4: Global - Other Implants Market (Billion US$), 2015-2020
Figure 7-1: Global - Hearing Implants Market by End User (%), 2015
Figure 7-2: Global - Hearing Implants Market for Children (Billion US$), 2015-2020
Figure 7-3: Global - Hearing Implants Market for Adults (Billion US$), 2015-2020
Figure 8-1: Global - Hearing Implants Market by Geographies (%), 2015
Figure 8-2: North America - Hearing Implants Market (Billion US$), 2015-2020
Figure 8-3: Europe - Hearing Implants Market (Billion US$), 2015-2020
Figure 8-4: Asia-Pacific - Hearing Implants Market (Billion US$), 2015-2020
Figure 10-1: Global - Share of Major Players in Hearing Implants Market (%), 2015
Figure 11-1: Cochlear Limited - Breakup of Revenue by Geographies (%), 2015
Figure 11-2: Sonova AG - Breakup of Revenue by Geographies (%), FY2014
Figure 11-3: William Demant Holding A/G - Breakup of Revenue by Geographies (%), 2014
Figure 11-4: Medtronic, Inc. - Breakup of Revenue by Geographies (%), 2015
LIST OF TABLES:
Table 9-1: Acquisitions in Hearing Implants Market (2009-2015)
Table 10-1: Global - Major Hearing Implants
Table 11-1: MED-EL - Commercialized Hearing Implants
Table 11-2: Cochlear Limited - Revenue by Business Segments (Billion US$), 2013-2015
Table 11-3: Cochlear Limited - Commercialized Hearing Implants
Table 11-4: Sonova AG - Revenue by Business Segments (Billion US$), 2012-2014
Table 11-5: Sonova AG - Commercialized Hearing Implants
Table 11-6: William Demant Holding A/G - Revenue by Business Segments (Billion US$), 2012-2014
Table 11-7: William Demant Holding A/G - Commercialized Hearing Implants
Table 11-8: Medtronic, Inc. - Revenue by Business Segments (Billion US$), 2013-2015
Table 11-9: Medtronic, Inc. - Commercialized Hearing Implants
Table 11-10: Zhejiang Nurotron Biotechnology Co., Ltd. - Commercialized Hearing Implants
Table 11-11: Ototronix, LLC - Commercialized Hearing Implants
Table 11-12: Envoy Medical Corporation - Commercialized Hearing Implants
Table 11-13: Micrson - Commercialized Hearing Implants
Table 11-14: Soundtech, Inc. - Commercialized Hearing Implants
Table 9-1: Acquisitions in Hearing Implants Market (2009-2015)
Table 10-1: Global - Major Hearing Implants
Table 11-1: MED-EL - Commercialized Hearing Implants
Table 11-2: Cochlear Limited - Revenue by Business Segments (Billion US$), 2013-2015
Table 11-3: Cochlear Limited - Commercialized Hearing Implants
Table 11-4: Sonova AG - Revenue by Business Segments (Billion US$), 2012-2014
Table 11-5: Sonova AG - Commercialized Hearing Implants
Table 11-6: William Demant Holding A/G - Revenue by Business Segments (Billion US$), 2012-2014
Table 11-7: William Demant Holding A/G - Commercialized Hearing Implants
Table 11-8: Medtronic, Inc. - Revenue by Business Segments (Billion US$), 2013-2015
Table 11-9: Medtronic, Inc. - Commercialized Hearing Implants
Table 11-10: Zhejiang Nurotron Biotechnology Co., Ltd. - Commercialized Hearing Implants
Table 11-11: Ototronix, LLC - Commercialized Hearing Implants
Table 11-12: Envoy Medical Corporation - Commercialized Hearing Implants
Table 11-13: Micrson - Commercialized Hearing Implants
Table 11-14: Soundtech, Inc. - Commercialized Hearing Implants
