Asia Pacific Cochlear Implants Market to 2027- Regional Analysis and Forecasts By Type of Fitting (Unilateral Implantation, Bilateral Implantation) and By End User (Adults, Pediatrics) and Country
Publication Month: Jan 2020
Report Code: TIPRE00007979 No. of Pages: 112 Category: Medical Device Status: Published
The Asia Pacific Cochlear implants market is expected to reach US$ 833.1 Mn in 2027 from US$ 291.6 Mn in 2018. The market is estimated to grow with a CAGR of 12.5% from 2019-2027.
The growth of the market is driven by factors such as the rising number of the elderly population in the Asia Pacific and the increasing incidence of hearing loss in the Asia Pacific region whereas the high cost associated with cochlear surgery is likely to have a negative impact on the growth of the market in the coming years.
Hearing loss among the old age population is a growing public health concern worldwide. As per the United Nations, Economic and Social Commission for Asia and the Pacific (ESCAP) report on aging, around one in four people in the Asia Pacific region will be 60 years old or more by 2050. The report mentioned that the number is expected to double from 535 million in 2015 to around 1.3 billion in 2050. Furthermore, it also reported that the oldest population (80 years or older) is also rising. The oldest population in 2016 was 1.5 percent (68 million) of the total population. This proportion is estimated to triple to 5.0% (258 million) by 2050.
Furthermore, as per the Population Census 2011, the number of old age people in India was 104 million. However, the United Nations Population Fund and HelpAge India report are estimated to grow to 173 million by 2026. Similarly, China’s population is aging at a much faster rate than other low- and middle-income countries in the Asia Pacific region. The world health organization’s China country assessment report on aging and health reported that the number of people aged 60 years and over would increase from 12.4% in 2010 to 28% in 2040.
The elderly people are more likely to have a hearing disorder than younger people, and the outcome of the disability on quality of life is particularly deep in this population. Thus, with an increase in the number of an aging population, the prevalence of hearing disorders has increased. Therefore, the demand for cochlear implants is expected to increase during the forecast period.
The rising number of the geriatric population in India is expected to drive cochlear implants market growth as they are more prone to hearing disorders. India's cochlear implant devices market offers a lucrative future opportunity due to the presence of a large number of patient population and low market penetration. The expenses for cochlear implant surgery is less in India as compared to other countries such as U.S., UK, UAE, and others. The low surgery costs attract a large number of medical tourists leading to a high device demand. Thus, creating lucrative opportunities and the presence of an established market for cochlear implants.
Rest of Asia Pacific Cochlear implants market Revenue and Forecasts to 2027 (US$ Mn) Get more information on this report : 
ASIA PACIFIC COCHLEAR IMPLANTS – MARKET SEGMENTATION
By Type Of Fitting
- Unilateral Cochlear Implantation
- Bilateral Cochlear Implantation
ASIA PACIFIC COCHLEAR IMPLANTS – MARKET SEGMENTATION
By End User
- Adults
- Pediatrics
By Country
- France
- Germany
- U.K.
- Spain
- Italy
Companies Mentioned
- Cochlear Ltd.
- MED-EL
- Sonova
- Nurotron Biotechnology Co. Ltd.
- Medtronic
- Demant A/S
- Starkey
- WIDEX A/S
- Amplifon
- GN Hearing A/S
1. Introduction
1.1 Scope Of The Study
1.2 The Insight Partners Research Report Guidance
2. Asia Pacific Cochlear Implants Market – Key Takeaways
3. Asia Pacific Cochlear Implants Market – Market Landscape
3.1 Overview
3.2 Market Segmentation
3.2.1 Asia Pacific Cochlear implants Market – By Type of Fitting
3.2.2 Asia Pacific Cochlear implants Market – By End User
3.2.3 Asia Pacific Cochlear Implants Market – By Country
3.3 PEST Analysis
3.4 Expert Opinions
4. Asia Pacific Cochlear Implants Market - Key Market Dynamics
4.1 Key Market Drivers
4.1.1 Rising Number Of Elder Population In Asia Pacific
4.1.2 Increasing incidences of Hearing Loss in Asia Pacific
4.2 Key Market Restraints
4.2.1 High Cost associated with Cochlear Implants Surgeries
4.3 Key Market Opportunities
4.3.1 Growing Medical Tourism Industry in Developing Countries
4.4 Future Trends
4.4.1 Continuous Advancements In Cochlear Implants
4.5 Impact Analysis Of Drivers And Restraints
5. Cochlear Implants Market – Asia Pacific Analysis
5.1 Asia Pacific Cochlear Implants Market Revenue Forecasts And Analysis
5.2 Market Positioning
5.3 Performance Of Key Players
5.3.1 Cochlear Ltd.
5.3.2 MED-EL
6. Asia Pacific Cochlear Implants Market Analysis – By Type Of Fitting
6.1 Overview
6.2 Asia Pacific Cochlear Implants Market, By Product, 2018 & 2027 (%)
6.3 Asia Pacific Cochlear Implants Market Revenue And Forecasts To 2027, By Type Of Fitting (Us$ Mn)
6.4 Unilateral Implantation Market
6.4.1 Overview
6.4.2 Unilateral Implantation Market Revenue and Forecast to 2027 (US$ Mn)
6.5 Bilateral Implantation Market
6.5.1 Overview
6.5.2 Bilateral Implantation Market Revenue and Forecast to 2027 (US$ Mn)
7. Asia Pacific Cochlear Implants Market Analysis – By End User
7.1 Overview
7.2 Asia Pacific Cochlear Implants Market, By End User, 2018 & 2027 (%)
7.3 Asia Pacific Cochlear Implants Market Revenue And Forecasts To 2027, By End User (Us$ Mn)
7.4 Adults Market
7.4.1 Overview
7.4.2 Adults Market Revenue and Forecast to 2027 (US$ Mn)
7.5 Pediatrics Market
7.5.1 Overview
7.5.2 Pediatrics Market Revenue and Forecast to 2027 (US$ Mn)
8. Asia Pacific Cochlear implants market
8.1 Overview
8.2 Asia Pacific COCHLEAR IMPLANTS Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.1 Asia Pacific Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
8.2.2 Asia Pacific Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.2.3 Asia Pacific Cochlear implants Market Revenue and Forecasts to 2027, By Country (%)
8.2.4 Japan Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.5 Japan Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.5.1 Japan Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
8.2.5.2 Japan Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.2.6 China Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.7 China Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.7.1 China Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
8.2.7.2 China Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.2.8 India Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.9 India Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.9.1 India Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
8.2.9.2 India Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.2.10 Australia Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.11 Australia Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.11.1 Australia Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
8.2.11.2 Australia Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
8.2.11.3 South Korea Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.11.4 South Korea Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)
8.2.11.5 South Korea Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
8.2.11.6 South Korea Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)
9. Cochlear Implants Market – Industry Landscape
9.1 Overview
9.2 Comparative Company Analysis
9.3 Growth Strategies Done By The Companies In The Market, (%)
9.4 Organic Developments
9.4.1 Overview
9.5 Inorganic Developments
9.5.1 Overview
10. Cochlear Implants Market – Key Company Profiles
10.1 Cochlear Ltd.
10.1.1 Key Facts
10.1.2 Business Description
10.1.3 Financial Information
10.1.4 Product Portfolio
10.1.5 SWOT Analysis
10.1.6 Key Developments
10.2 Med-El
10.2.1 Key Facts
10.2.2 Business Description
10.2.3 Financial Overview
10.2.4 Product Portfolio
10.2.5 SWOT Analysis
10.2.6 Key Developments
10.3 Sonova
10.3.1 Key Facts
10.3.2 Business Description
10.3.3 Financial Overview
10.3.4 Product Portfolio
10.3.5 SWOT Analysis
10.3.6 Key Developments
10.4 Nurotron Biotechnology Co. Ltd.
10.4.1 Key Facts
10.4.2 Business Description
10.4.3 Financial Information
10.4.4 Product Portfolio
10.4.5 SWOT Analysis
10.4.6 Key Developments
10.5 Demant A/S
10.5.1 Key Facts
10.5.2 Business Description
10.5.3 Financial Overview
10.5.4 Product Portfolio
10.5.5 SWOT Analysis
10.5.6 Key Developments
10.6 Starkey
10.6.1 Key Facts
10.6.2 Business Description
10.6.3 Financial Information
10.6.4 Product Portfolio
10.6.5 SWOT Analysis
10.6.6 Key Developments
10.7 Amplifon
10.7.1 Key Facts
10.7.2 Business Description
10.7.3 Financial Information
10.7.4 Product Portfolio
10.7.5 SWOT Analysis
10.7.6 Key Developments
10.8 Medtronic
10.8.1 Key Facts
10.8.2 Business Description
10.8.3 Financial Information
10.8.4 Product Portfolio
10.8.5 SWOT Analysis
10.8.6 Key Developments
10.9 Widex A/S
10.9.1 Key Facts
10.9.2 Business Description
10.9.3 Financial Information
10.9.4 Product Portfolio
10.9.5 SWOT Analysis
10.9.6 Key Developments
10.10 Gn Hearing A/S
10.10.1 Key Facts
10.10.2 Business Description
10.10.3 Financial Overview
10.10.4 Product Portfolio
10.10.5 SWOT Analysis
10.10.6 Key Developments
11. Appendix
11.1 About The Insight Partners
11.2 Glossary Of Terms
11.3 Methodology
11.3.1 Coverage
11.3.2 Secondary Research
11.3.3 Primary Research
LIST OF TABLES
Table 1. Asia Pacific Cochlear Implants market Revenue And Forecasts to 2025, By Type of Fitting (US$ Mn)
Table 2. Asia Pacific Cochlear Implants market Revenue And Forecasts to 2025, By end user (US$ Mn)
Table 3. Asia Pacific Cochlear implants market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
Table 4. Asia Pacific Cochlear implants market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 5. Japan Cochlear implants market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
Table 6. Japan Cochlear implants market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 7. China Cochlear implants market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
Table 8. China Cochlear implants market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 9. India Cochlear implants market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
Table 10. India Cochlear implants market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 11. Australia Cochlear implants market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
Table 12. Australia Cochlear implants market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 13. South Korea Cochlear implants market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)
Table 14. South Korea Cochlear implants market Revenue And Forecasts to 2027, By End User (US$ Mn)
Table 15. Organic Developments Done By Companies
Table 16. Inorganic developments done by Companies
Table 17. Glossary of Terms, cochlear implants market
LIST OF FIGURES
Figure 1. India Cochlear Implants Market, Revenue (US$ Mn), By 2018 & 2027
Figure 2. Asia Pacific Cochlear Implants Market By Type Of Fitting , Market Share (%), 2018
Figure 3. Asia Pacific Cochlear Implants Market By End User, Market Share (%), 2018
Figure 4. Cochlear Implants Market Segmentation
Figure 5. Asia pacific PEST Analysis
Figure 6. Cochlear Implants Market Impact Analysis Of Driver And Restraint
Figure 7. Asia Pacific Cochlear Implants Market – Revenue Forecasts And Analysis – 2017- 2027
Figure 8. Asia Pacific Cochlear Implants Market By Type Of Fitting, 2018 & 2027 (%)
Figure 9. Unilateral Implantation Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 10. Bilateral Implantation Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 11. Asia Pacific Cochlear Implants Market By End User, 2018 & 2027 (%)
Figure 12. Adults Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 13. Pediatrics Market Revenue And Forecasts To 2027 (US$ Mn)
Figure 14. Asia Pacific Cochlear Implants Market Overview, by Country (2018)
Figure 15. Asia Pacific COCHLEAR IMPLANTS Market Revenue and Forecasts to 2027 (US$ Mn)
Figure 16. Asia Pacific Cochlear implants market Revenue And Forecasts to 2027, By Country (%)
Figure 17. Japan Cochlear implants market Revenue and Forecasts to 2027 (US$ Mn)
Figure 18. China Cochlear implants market Revenue and Forecasts to 2027 (US$ Mn)
Figure 19. India Cochlear implants market Revenue and Forecasts to 2027 (US$ Mn)
Figure 20. Australia Cochlear implants market Revenue and Forecasts to 2027 (US$ Mn)
Figure 21. South Korea Cochlear implants market Revenue and Forecasts to 2027 (US$ Mn)
Figure 22. Comparative Company Analysis
Figure 23. Growth Strategies Done By The Companies In The Market, (%)
The List of Companies in Asia Pacific Cochlear Implants Market
- Cochlear Ltd.
- MED-EL
- Sonova
- Nurotron Biotechnology Co. Ltd.
- Medtronic
- Demant A/S
- Starkey
- WIDEX A/S
- Amplifon
- GN Hearing A/S
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the cochlear implants market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the Asia Pacific cochlear implants market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth Asia Pacific market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.