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Cochlear Implants Market Share
- Report ID: GMI2411
- Published Date: Jan 2023
- Report Format: PDF
Cochlear Implants Market Share
Competitive landscape of the cochlear implants market is inclusive of
- Zhejiang Nurotron Biotechnology Co., Ltd.
- Envoy Medical, MED-El
- Advanced Bionics Corporation (Sonova Holdings AG)
- Cochlear Ltd
These firms are incorporating strategies such as product range expansions and other strategies to strengthen their foothold in the global market.
Frequently Asked Questions (FAQ) :
Global market size for cochlear implants exceeded USD 1.5 billion in 2022 and is anticipated to exhibit more than 7.5% CAGR through 2023-2032, on account of the rapidly aging population worldwide.
Unilateral implants segment accounted for over 86% share of the cochlear implants industry in 2022, owing to the increased product penetration and the rising incidence of single-sided hearing impairment among pediatric patients.
Europe cochlear implants industry size is slated to cross USD 1 billion by 2032, due to the presence of speech therapy clinics and favorable reimbursement policies for hearing impairment solutions.
Prominent players operating in the cochlear implants business is inclusive of Zhejiang Nurotron Biotechnology Co., Ltd., Envoy Medical, MED-El, Advanced Bionics Corporation (Sonova Holdings AG), and Cochlear Ltd, among others.
Cochlear Implants Market Scope
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