Cochlear Implant (CI) System Market - Growth, Trends And Forecast (2022-2027) By Types, By Application, By Regions and By Key Players - Cochlear, MED-EL, Advanced Bionics (Sonova), Oticon (William Demant)

The global Cochlear Implant (CI) System Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 9.3% during the review period (2022 to 2027)

Cochlear Implant (CI) System Market Overview

A cochlear implant is a small and complex electronic device which helps patients who are deaf or hard-of-hearing get a sense of sound. Causes of hearing loss are genetic defects, infections during pregnancy in the mother, congenital cytomegalovirus (CMV) infection during pregnancy etc. The implant contains of two portions, an external portion (placed behind the ear) and a second portion (surgically placed under the skin). Cochlear implants bypass the damaged portions of the ear and directly stimulate the auditory nerve which sends the signals to the brain. Progress of the cochlear implant market is being driven by growing availability of such products. For instance, MED-EL offers, Synchrony 2 cochlear implant which is designed for optimal sound quality, and has a wide range of electrodes to fit one’s cochlea.Hearing impairment in the geriatric population is a major driving the market growth. The burden of hearing impairment in the older population is relatively high, and it is expected to aid the market growth over the coming years.cochlear implant converts sound into electrical signals and restore the sense of hearing by performing the work of damaged parts of the cochlea by transmitting the electrical signals to the brain. It is used by people as a hearing aid with low to high hearing loss. These cochlear implants are surgically implanted and consist of two parts. The inside component is implanted across the skin while the other external component is worn at the back of the ear. 

Industry News 

Lou Ferrigno—The Incredible Hulk—to Open Cochlear Implant Conference

February 22, 2022 Cochlear Implant Alliance (ACI Alliance) is pleased to announce that Lou Ferrigno, popularly known as The Incredible Hulk (a trademark of Marvel Characters, Inc), will participate in the Opening Session at CI2022 DC: Emerging Issues in Cochlear Implantation (CI). The conference will be held in Washington, DC May 18-21, 2022 at the Renaissance Washington Hotel.

In February 2021, Auditory Verbal UK launched the Cochlear Implant International Community of Action.

In January 2022, TODOC, a Korean company that specialises in neural prosthesis and neuromodulation systems, announced that it will introduce its artificial cochlear implant 'SULLIVAN' at the "CES 2022" in Las Vegas.

What are the major Applications, Types and Regions for Cochlear Implant (CI) System Market?

Cochlear Implant (CI) System Market is segmented based on the type, applications, companies and regions.

By Type, Cochlear Implant (CI) System Market has been segmented into 

• Adult


• Pediatric

The end user’s industry application on Cochlear Implant (CI) System Market is, 

• Unilateral


• Binaural

Cochlear Implant (CI) System Market Regional Analysis

The report offers in-depth assessment of the growth and other aspects of the Cochlear Implant (CI) System Market in important regions, including the 

North America

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  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

North America cochlear implant systems market held over 40% share in 2021 owing to the supportive approval system for cochlear implants in the U.S. The presence of significant players as well as technological advancements in the field of cochlear implants will propel the regional market growth. Furthermore, rising prevalence of hearing loss or impaired hearing among the population coupled with rising adoption of improved cochlear implant devices, will drive the market growth.

Cochlear Implant (CI) System Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Cochlear Implant (CI) System Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.

What is our Cochlear Implant (CI) System Market report scope?

Key Takeaways from this Cochlear Implant (CI) System Report

• Evaluate Cochlear Implant (CI) System market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.


• Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.


• Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.


• Analyze the sales and distribution channels across key geographies to improve top-line revenues.


• Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.


• Get a quick outlook on the Cochlear Implant (CI) System market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.


• Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

 The Cochlear Implant (CI) System Market is studied from 2022 - 2027.

What is the growth rate of Cochlear Implant (CI) System market?

The Cochlear Implant (CI) System Market is growing at a CAGR of 9.3% over the next 5 years.

Who are the key players in Cochlear Implant (CI) System market?

Cochlear, MED-EL, Advanced Bionics (Sonova), Oticon (William Demant), Hangzhou Nurotron, Listent Medical and others.

What region does this Cochlear Implant (CI) System market report covers?

North America (the United States, Canada, and Mexico) Europe (Germany, France, UK, Russia, and Italy) Asia-Pacific (China, Japan, Korea, India, and Southeast Asia) South America (Brazil, Argentina, Colombia, etc.) The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

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