Artificial Cochlea Market Forecast to 2028 - Covid-19 Impact and Global Analysis - by Type (Unilateral implantation, Bilateral implantation); End User (Children, Adult) and Geography
Report Code: TIPRE00008169 No. of Pages: 150 Category: Medical Device Status: Upcoming
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MARKET INTRODUCTION
Artificial cochlea or cochlear implant is an electronic device that transmit a sense of sound to person severely deaf. The implant consists of an external portion that sits behind the ear and a second portion that is surgically placed under the skin. A cochlear implant is very different from a hearing aid. Hearing aids amplify sounds so they may be detected by damaged ears, whereas, cochlear implants bypass damaged portions of the ear and directly stimulate the auditory nerve. Signals generated by the implant are sent by way of the auditory nerve to the brain, which recognizes the signals as sound. Hearing through a cochlear implant is different from normal hearing and takes time to learn or relearn.
MARKET DYNAMICS
Rising number of new cases of hearing loss in geriatric population, development of new technology in cochlea implants, favorable reimbursement policies are driving the Artificial Cochlea market. The government initiatives such as the Patient Protection and Affordable Care Act (ACA) has several provisions for improving the hearing ability are driving the Artificial Cochlea market.
MARKET SCOPE
The "Global Artificial Cochlea Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Artificial Cochlea market with detailed market segmentation by type, end user, and geography. The global Artificial Cochlea market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Artificial Cochlea market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Artificial Cochlea market is segmented on the type, end user. Based on type, the market is segmented into unilateral implantation, and bilateral implantation. Based on end user, the market is segmented into Children, and Adult.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Artificial Cochlea market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Artificial Cochlea market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Artificial Cochlea market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Artificial Cochlea market in these regions.
The report covers key developments in the Artificial Cochlea market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Artificial Cochlea market are anticipated to lucrative growth opportunities in the future with the rising demand for Artificial Cochlea market in the global market. Below mentioned is the list of few companies engaged in the Artificial Cochlea market.
The report also includes the profiles of key Artificial Cochlea market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
Artificial cochlea or cochlear implant is an electronic device that transmit a sense of sound to person severely deaf. The implant consists of an external portion that sits behind the ear and a second portion that is surgically placed under the skin. A cochlear implant is very different from a hearing aid. Hearing aids amplify sounds so they may be detected by damaged ears, whereas, cochlear implants bypass damaged portions of the ear and directly stimulate the auditory nerve. Signals generated by the implant are sent by way of the auditory nerve to the brain, which recognizes the signals as sound. Hearing through a cochlear implant is different from normal hearing and takes time to learn or relearn.
MARKET DYNAMICS
Rising number of new cases of hearing loss in geriatric population, development of new technology in cochlea implants, favorable reimbursement policies are driving the Artificial Cochlea market. The government initiatives such as the Patient Protection and Affordable Care Act (ACA) has several provisions for improving the hearing ability are driving the Artificial Cochlea market.
MARKET SCOPE
The "Global Artificial Cochlea Market Analysis to 2028" is a specialized and in-depth study of the medical device industry with a special focus on the global market trend analysis. The report aims to provide an overview of Artificial Cochlea market with detailed market segmentation by type, end user, and geography. The global Artificial Cochlea market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Artificial Cochlea market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global Artificial Cochlea market is segmented on the type, end user. Based on type, the market is segmented into unilateral implantation, and bilateral implantation. Based on end user, the market is segmented into Children, and Adult.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Artificial Cochlea market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Artificial Cochlea market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Artificial Cochlea market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the Artificial Cochlea market in these regions.
The report covers key developments in the Artificial Cochlea market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Artificial Cochlea market are anticipated to lucrative growth opportunities in the future with the rising demand for Artificial Cochlea market in the global market. Below mentioned is the list of few companies engaged in the Artificial Cochlea market.
The report also includes the profiles of key Artificial Cochlea market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Boston Scientific Corporation
- Cochlear Ltd
- NeuroPace, Inc.
- Medtronic
- GN Store Nord
- MED-EL
- Sonova Holding AG
- Starkey Hearing Technologies
- Widex A/S
- RION Co. Ltd
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.