Cochlear Implant Market Size, Share & Trends Analysis Report By Age Group (Adult, Pediatric), By End-use (Hospitals, Clinics), By Region, And Segment Forecasts, 2024 - 2030

Cochlear Implant Market Size, Share & Trends Analysis Report By Age Group (Adult, Pediatric), By End-use (Hospitals, Clinics), By Region, And Segment Forecasts, 2024 - 2030


Cochlear Implant Market Growth & Trends

The global cochlear implant market is anticipated to reach USD 2.77 billion by 2030, growing at a CAGR of 6.02% during the forecast period, according to a new report by Grand View Research, Inc. Hearing loss is a major concern caused by genetic factors, infections, and medications. Favorable reimbursement policies, minimally invasive procedures, and technological advancements are boosting the adoption of cochlear implants.

The increasing approvals of cochlear implants, owing to technological advancements, is expected to boost the market’s growth. For instance, in December 2020, Advanced Bionics LLC, a U.S. subsidiary of Sonova, received FDA approval for Naida CI Marvel and Sky CI Marvel sound processors in the United States. These sound processors allow users to customize their implants with the help of machine learning algorithms, based on the wearers’ location whether in noisy places or at homes.

Increasing investment in R&D activities for product innovation enables manufacturers to compete with other players to achieve a greater market stronghold. For instance, Cochlear Ltd. increased its investment to USD 199.5 million in 2021 from USD 25.9 million in 2020 . Kanso 2 sound Processor, Nucleus 7 Sound Processor, and custom sound pro fitting software by Cochlear Ltd. are some of the product launched in 2020.

Moreover, several initiatives are being undertaken by governments and various organizations to support research in the field of cochlear implantation. For instance, in March 2022, the ACI Alliance members shared their research and clinical practice at the AAA conference in 2022. The conference aimed to connect with peers, stay updated with upcoming information, and know about recent developments in the audiological industry. This is expected to boost the market’s growth.

Cochlear Implant Market Report Highlights
  • Based on age group, the adult segment dominated with the largest revenue share of 57.70% in 2023. This can be attributed to the presence of a large patient population, lower complications compared to complications in children, and availability of several products.
  • Based on end-use, the clinics segment held the largest revenue share in 2023. This can be attributed to the implantation procedures increasingly being performed in outpatient clinics.
  • North America dominated the market in 2023, attributed to technological advancements, reimbursement coverage, and greater spending capacity, resulting in high adoption of cochlear implant devices.
  • Asia Pacific is expected to grow at the fastest CAGR during the forecast period. This can be attributed to the rapidly increasing geriatric population coupled with rising awareness about hearing aids and the local presence of key players in the region.
  • Some prominent market players include Cochlear Ltd, Sonova, MED-EL Medical Electronics, Demant A/S, Zhejiang Nurotron Biotechnology Co. Ltd., and Amplifon S.p.A. (GAES)
  • In February 2023, Cochlear Ltd. partnered with Amazon.com, Inc. to expand audio streaming for hearing aids to provide comfortable entertainment for people with Cochlear's hearing implants.
Please note The report will be delivered in 2-3 business days upon order notification.


Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Market Definitions
1.2. Regional Scope
1.3. Estimates and Forecast Timeline
1.4. Research Methodology
1.5. Information Procurement
1.5.1. Purchased Database
1.5.2. GVR’s Internal Database
1.5.3. Secondary Sources & Third-Party Perspectives
1.5.4. Primary Research
1.6. Information Analysis
1.6.1. Data Analysis Models
1.7. Market Formulation & Data Visualization
1.8. Model Details
1.8.1. Commodity Flow Analysis
1.8.2. Volume Price Analysis
1.9. List of Secondary Sources
1.10. Objectives
Chapter 2. Executive Summary
2.1. Market Snapshot
2.2. Segment Snapshot
2.2.1. Age Group Outlook
2.2.2. End-use Outlook
2.3. Competitive Landscape Snapshot
Chapter 3. Market Variables, Trends, & Scope
3.1. Market Lineage Outlook
3.1.1. Parent Market Outlook
3.1.2. Related/Ancillary Market Outlook
3.2. Market Trends and Outlook
3.3. Market Dynamics
3.3.1. Market Driver Analysis
3.3.1.1. Growing geriatric population
3.3.1.2. Increasing adoption of cochlear implants due to technological advancements
3.3.1.3. Supportive initiatives by government and various organizations
3.3.2. Market Restraint Analysis
3.3.2.1. Low awareness related to cochlear implants
3.3.2.2. High maintenance cost
3.4. Business Environment Analysis
3.4.1. Industry Analysis - Porter’s
3.4.1.1. Supplier power
3.4.1.2. Buyer power
3.4.1.3. Substitution threat
3.4.1.4. Threat of new entrant
3.4.1.5. Competitive rivalry
3.4.2. PESTEL Analysis
3.5. Estimated Procedure Volume of Cochlear Implants
3.5.1. Estimated Number of Cochlear Implant Procedures, 2018 - 2030
3.5.2. Estimated Number of Cochlear Implant Procedures, Hospital Vs Ambulatory Surgery Centers (ASCs), 2018 - 2030
3.5.3. Estimated Number of Cochlear Implant Procedures, Adult Vs Pediatric, 2018 - 2030
3.5.4. Estimated Number of Cochlear Implant Procedures, Perimodiolar Electrodes Vs Lateral Wall Electrodes, 2018 - 2030
Chapter 4. Age Group Business Analysis
4.1. Cochlear Implant Market: Age Group Movement Analysis
4.2. Age Group Movement & Market Share Analysis, 2023 & 2030
4.3. Global Cochlear Implant Market Estimates & Forecast, by Age Group
4.4. Global Adult Cochlear Implant Market Estimates & Forecast, by Type of Fitting
4.5. Global Pediatric Cochlear Implant Market Estimates & Forecast, by Type of Fitting
4.6. Adult
4.6.1. Adult Market, 2018 - 2030 (USD Million)
4.6.2. Adult Unilateral Implants
4.6.2.1. Adult Unilateral Implants Market, 2018 - 2030 (USD Million)
4.6.3. Adult Bilateral Implants
4.6.3.1. Adult Bilateral Implants Market, 2018 - 2030 (USD Million)
4.7. Pediatric
4.7.1. Pediatric Market, 2018 - 2030 (USD Million)
4.7.2. Pediatric Unilateral Implants
4.7.2.1. Pediatric Unilateral Implants Market, 2018 - 2030 (USD Million)
4.7.3. Pediatric Bilateral Implants
4.7.3.1. Pediatric Bilateral Implants Market, 2018 - 2030 (USD Million)
Chapter 5. End-use Business Analysis
5.1. Cochlear Implant Market: End-use Movement Analysis
5.2. Cochlear Implant End-use Market: Segment Dashboard
5.3. End-use Movement & Market Share Analysis, 2023 & 2030
5.4. Global Cochlear Implant Market, Market Estimates & Forecast, by End-use
5.5. Clinics
5.5.1. Clinics Market, 2018 - 2030 (USD Million)
5.6. Hospitals
5.6.1. Hospitals Market, 2018 - 2030 (USD Million)
5.7. Others
5.7.1. Others Market, 2018 - 2030 (USD Million)
Chapter 6. Regional Business Analysis
6.1. Regional Market Share Analysis, 2023 & 2030
6.2. Regional Market Dashboard
6.3. Global Regional Market Snapshot
6.4. Market Size, & Forecasts Trend Analysis, 2018 to 2030:
6.5. North America
6.5.1. North America Cochlear Implant Market, 2018 - 2030 (USD Million)
6.5.2. U.S.
6.5.2.1. Key Country Dynamics
6.5.2.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.5.2.3. Regulatory Framework/Scenario
6.5.2.4. Competitive Scenario
6.5.2.5. U.S. Cochlear Implant Market, 2018 - 2030 (USD Million)
6.5.3. Canada
6.5.3.1. Key Country Dynamics
6.5.3.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.5.3.3. Regulatory Framework/Scenario
6.5.3.4. Competitive Scenario
6.5.3.5. Canada Cochlear Implant Market, 2018 - 2030 (USD Million)
6.6. Europe
6.6.1. Europe Cochlear Implant Market, 2018 - 2030 (USD Million)
6.6.2. UK
6.6.2.1. Key Country Dynamics
6.6.2.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.6.2.3. Regulatory Framework/Scenario
6.6.2.4. Competitive Scenario
6.6.2.5. Germany Cochlear Implant Market, 2018 - 2030 (USD Million)
6.6.3. Germany
6.6.3.1. Key Country Dynamics
6.6.3.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.6.3.3. Regulatory Framework/Scenario
6.6.3.4. Competitive Scenario
6.6.3.5. UK Cochlear Implant Market, 2018 - 2030 (USD Million)
6.6.4. France
6.6.4.1. Key Country Dynamics
6.6.4.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.6.4.3. Regulatory Framework/Scenario
6.6.4.4. Competitive Scenario
6.6.4.5. France Cochlear Implant Market, 2018 - 2030 (USD Million)
6.6.5. Italy
6.6.5.1. Key Country Dynamics
6.6.5.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.6.5.3. Regulatory Framework/Scenario
6.6.5.4. Competitive Scenario
6.6.5.5. Italy Cochlear Implant Market, 2018 - 2030 (USD Million)
6.6.6. Spain
6.6.6.1. Key Country Dynamics
6.6.6.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.6.6.3. Regulatory Framework/Scenario
6.6.6.4. Competitive Scenario
6.6.6.5. Spain Cochlear Implant Market, 2018 - 2030 (USD Million)
6.6.7. Sweden
6.6.7.1. Key Country Dynamics
6.6.7.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.6.7.3. Regulatory Framework/Scenario
6.6.7.4. Competitive Scenario
6.6.7.5. Sweden Cochlear Implant Market, 2018 - 2030 (USD Million)
6.6.8. Norway
6.6.8.1. Key Country Dynamics
6.6.8.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.6.8.3. Regulatory Framework/Scenario
6.6.8.4. Competitive Scenario
6.6.8.5. Norway Cochlear Implant Market, 2018 - 2030 (USD Million)
6.6.9. Denmark
6.6.9.1. Key Country Dynamics
6.6.9.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.6.9.3. Regulatory Framework/Scenario
6.6.9.4. Competitive Scenario
6.6.9.5. Denmark Cochlear Implant Market, 2018 - 2030 (USD Million)
6.7. Asia Pacific
6.7.1. Asia Pacific Cochlear Implant Market, 2018 - 2030 (USD Million)
6.7.2. Japan
6.7.2.1. Key Country Dynamics
6.7.2.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.7.2.3. Regulatory Framework/Scenario
6.7.2.4. Competitive Scenario
6.7.2.5. Japan Cochlear Implant Market, 2018 - 2030 (USD Million)
6.7.3. China
6.7.3.1. Key Country Dynamics
6.7.3.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.7.3.3. Regulatory Framework/Scenario
6.7.3.4. Competitive Scenario
6.7.3.5. China Cochlear Implant Market, 2018 - 2030 (USD Million)
6.7.4. India
6.7.4.1. Key Country Dynamics
6.7.4.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.7.4.3. Regulatory Framework/Scenario
6.7.4.4. Competitive Scenario
6.7.4.5. India Cochlear Implant Market, 2018 - 2030 (USD Million)
6.7.5. Australia
6.7.5.1. Key Country Dynamics
6.7.5.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.7.5.3. Regulatory Framework/Scenario
6.7.5.4. Competitive Scenario
6.7.5.5. Australia Cochlear Implant Market, 2018 - 2030 (USD Million)
6.7.6. Thailand
6.7.6.1. Key Country Dynamics
6.7.6.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.7.6.3. Regulatory Framework/Scenario
6.7.6.4. Competitive Scenario
6.7.6.5. Thailand Cochlear Implant Market, 2018 - 2030 (USD Million)
6.7.7. South Korea
6.7.7.1. Key Country Dynamics
6.7.7.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.7.7.3. Regulatory Framework/Scenario
6.7.7.4. Competitive Scenario
6.7.7.5. South Korea Cochlear Implant Market, 2018 - 2030 (USD Million)
6.8. Latin America
6.8.1. Latin America Cochlear Implant Market, 2018 - 2030 (USD Million)
6.8.2. Brazil
6.8.2.1. Key Country Dynamics
6.8.2.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.8.2.3. Regulatory Framework/Scenario
6.8.2.4. Competitive Scenario
6.8.2.5. Brazil Cochlear Implant Market, 2018 - 2030 (USD Million)
6.8.3. Mexico
6.8.3.1. Key Country Dynamics
6.8.3.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.8.3.3. Regulatory Framework/Scenario
6.8.3.4. Competitive Scenario
6.8.3.5. Mexico Cochlear Implant Market, 2018 - 2030 (USD Million)
6.8.4. Argentina
6.8.4.1. Key Country Dynamics
6.8.4.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.8.4.3. Regulatory Framework/Scenario
6.8.4.4. Competitive Scenario
6.8.4.5. Argentina Cochlear Implant Market, 2018 - 2030 (USD Million)
6.9. MEA
6.9.1. MEA Cochlear Implant Market, 2018 - 2030 (USD Million)
6.9.2. South Africa
6.9.2.1. Key Country Dynamics
6.9.2.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.9.2.3. Regulatory Framework/Scenario
6.9.2.4. Competitive Scenario
6.9.2.5. South Africa Cochlear Implant Market, 2018 - 2030 (USD Million)
6.9.3. Saudi Arabia
6.9.3.1. Key Country Dynamics
6.9.3.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.9.3.3. Regulatory Framework/Scenario
6.9.3.4. Competitive Scenario
6.9.3.5. Saudi Arabia Cochlear Implant Market, 2018 - 2030 (USD Million)
6.9.4. UAE
6.9.4.1. Key Country Dynamics
6.9.4.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.9.4.3. Regulatory Framework/Scenario
6.9.4.4. Competitive Scenario
6.9.4.5. UAE Cochlear Implant Market, 2018 - 2030 (USD Million)
6.9.5. Kuwait
6.9.5.1. Key Country Dynamics
6.9.5.2. Estimated Cochlear Implant Procedure Volume, 2018 - 2030
6.9.5.3. Regulatory Framework/Scenario
6.9.5.4. Competitive Scenario
6.9.5.5. Kuwait Cochlear Implant Market, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
7.1. Company Categorization
7.2. Company Market Position Analysis
7.3. Company Market Share Analysis
7.4. Strategy Mapping
7.5. Company Profiles/Listing
7.5.1. Cochlear Ltd.
7.5.1.1. Overview
7.5.1.2. Financial Performance
7.5.1.3. Product Benchmarking
7.5.1.4. Strategic Initiatives
7.5.2. Sonova
7.5.2.1. Overview
7.5.2.2. Financial Performance
7.5.2.3. Product Benchmarking
7.5.2.4. Strategic Initiatives
7.5.3. MED-EL Medical Electronics
7.5.3.1. Overview
7.5.3.2. Financial Performance
7.5.3.3. Product Benchmarking
7.5.3.4. Strategic Initiatives
7.5.4. Demant A/S
7.5.4.1. Overview
7.5.4.2. Financial Performance
7.5.4.3. Product Benchmarking
7.5.4.4. Strategic Initiatives
7.5.5. Zhejiang Nurotron Biotechnology Co., Ltd. (Nurotron)
7.5.5.1. Overview
7.5.5.2. Financial Performance
7.5.5.3. Product Benchmarking
7.5.5.4. Strategic Initiatives
7.5.6. Amplifon S.p.A. (GAES)
7.5.6.1. Overview
7.5.6.2. Financial Performance
7.5.6.3. Product Benchmarking
7.5.6.4. Strategic Initiatives 

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