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Global Cochlear Implants Market 2018-2022

About Cochlear Implants

Cis are electronic medical devices that replace the damaged inner ear. They bypass the damaged hair cells of the inner ear and directly stimulate the auditory nerve. They are used by people who are not benefited by the use of conventional hearing aids and have severe-to-profound hearing loss.

Technavio’s analysts forecast the global cochlear implants market to grow at a CAGR of 9.27% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global cochlear implants market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Cochlear Implants Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cochlear
  • MED-EL
  • Nurotron Biotechnology
  • Sonova
  • William Demant
Market driver
  • Increasing number of product approvals and launches
  • For a full, detailed list, view our report
Market challenge
  • High cost of CIs
  • For a full, detailed list, view our report
Market trend
  • Increasing focus on aesthetic appearance and customization of CIs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Cochlear Implants Market 2018-2022

Technavio recognizes the following companies as the key players in the global cochlear implants market: Cochlear, MED-EL, Nurotron Biotechnology, Sonova, and William Demant.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing focus on aesthetic appearance and customization of CIs. Factors such as social stigma and isolation and sociocultural concerns are discouraging patients from using the hearing aids or hearing assistive technologies and resulting in an intermittent use or even abandonment of assistive technologies. This is encouraging vendors to enhance the aesthetic and concealability and customization of their CI devices, which is identified as one of the key trends that will stimulate growth in the cochlear implants market during the forecasted period.”

According to the report, one driver in the market is increasing number of product approvals and launches. The number of launches and approvals of cochlear implants (CI) is increasing significantly. In addition, these products offer comfort, safety, and efficiency to patients as they are based on advanced technology. For instance, Venus Cochlear Implant System was introduced by Nurotron Biotechnology in Europe in January 2017.

Further, the report states that one challenge in the market is high cost of CIs. The cost of CIs is $25,000 per device. The average selling price of CIs typically ranges between $18,000 and $20,000. Factors that increase the cost of cochlear implantation are the evaluations before surgery, direct and indirect hospital costs, and the cost of implant and surgery.

Companies Mentioned

Cochlear, MED-EL, Nurotron Biotechnology, Sonova, and William Demant.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global audiology devices market: Segments
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Global CIs market: Segments
  • Market sizing
    • Market definition
      • Table Market definition: Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Global CIs market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global CIs market 2017-2022 ($ millions)
      • Table Global CIs market: Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition: Five forces 2017
  • Market segmentation by fitting type
    • Overview
      • Table Global CIs market: Segmentation by fitting type 2017-2022 (% share)
    • Comparison by fitting type
      • Table Comparison by fitting type
    • Unilateral implantation
      • Table Global unilateral cochlear implantation market 2017-2022 ($ millions)
      • Table Global unilateral cochlear implantation market: Year-over-year growth 2018-2022 (%)
    • Bilateral implantation
      • Table Global bilateral cochlear implantation market 2017-2022 ($ millions)
      • Table Global bilateral cochlear implantation market: Year-over-year growth 2018-2022 (%)
    • Market opportunity by fitting type
      • Table Market opportunity by fitting type
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global CIs market: Segmentation by geography 2017-2022 (% share)
    • Regional comparison
      • Table Regional comparison
    • CIs market in Americas
      • Table CIs market in Americas 2017-2022 ($ millions)
      • Table CIs market in Americas: Year-over-year growth 2018-2022 (%)
      • Table Top three countries in Americas
    • CIs market in EMEA
      • Table CIs market in EMEA 2017-2022 ($ millions)
      • Table CIs market in EMEA: Year-over-year growth 2018-2022 (%)
      • Table Top three countries in EMEA
    • CIs market in APAC
      • Table CIs market in APAC 2017-2022 ($ millions)
      • Table CIs market in APAC: Year-over-year growth 2018-2022 (%)
      • Table Top three countries in APAC
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Emerging technological innovations
    • Increasing focus on aesthetic appearance and customization of CIs
    • Growing focus on emerging markets
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive landscape
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Cochlear
      • Table Cochlear: Overview
      • Table Cochlear: Business segments
      • Table Cochlear: Organizational developments
      • Table Cochlear: Geographic focus
      • Table Cochlear: Segment focus
      • Table Cochlear: Key offerings
      • Table Cochlear: Key customers
    • MED-EL
      • Table MED-EL: Overview
      • Table MED-EL: Product segments
      • Table MED-EL: Organizational developments
      • Table MED-EL: Geographic focus
      • Table MED-EL: Segment focus
      • Table MED-EL: Key offerings
      • Table MED-EL: Key customers
    • Nurotron Biotechnology
      • Table Nurotron Biotechnology: Overview
      • Table Nurotron Biotechnology: Product segments
      • Table Nurotron Biotechnology: Organizational developments
      • Table Nurotron Biotechnology: Geographic focus
      • Table Nurotron Biotechnology: Segment focus
      • Table Nurotron Biotechnology: Key offerings
      • Table Nurotron Biotechnology: Key customers
    • Sonova
      • Table Sonova: Overview
      • Table Sonova: Business segments
      • Table Sonova: Organizational developments
      • Table Sonova: Geographic focus
      • Table Sonova: Segment focus
      • Table Sonova: Key offerings
      • Table Sonova: Key customers
    • William Demant
      • Table William Demant: Overview
      • Table William Demant: Business segments
      • Table William Demant: Organizational developments
      • Table William Demant: Geographic focus
      • Table William Demant: Segment focus
      • Table William Demant: Key offerings
      • Table William Demant: Key customers
  • Appendix
    • List of abbreviations
  • Explore Technavio

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