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© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Cochlear Implant Systems Market valued $2.5 bn by 2024: Global Market.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved Global Cochlear Implant Systems Market valued $2.5 bn by 2024: Global Market."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Global Cochlear Implant Systems Market valued $2.5 bn by 2024: Global Market Insights Inc.

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Market Insights, Inc. says, Cochlear Implant Systems Market size is set to exceed USD 2.5 billion by 2024.  Increasing incidence of hearing loss in infants and adults will drive industry growth during the forecast period.  An increasing number of elderly individuals are suffering from severe and profound sensorineural hearing loss owing to age related changes in the inner and middle ear. Hearing loss is a significant cause of disability and morbidity in the elderly population.  Technological advancements such as improvements in design and placement of electrode and receiver have enhanced outcomes fostering greater device adoption.  Unilateral implant business will grow at a lucrative rate during the forecast years. Unilateral CI significantly helps to restore hearing in individuals along with the promotion of auditory development. Key Insights from Cochlear Implant Systems Market :

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Bilateral implant business is poised to grow at a rapid pace. The use of two implants is a relatively new practice and is gaining grounds as it provides the user with benefits of left-right discrimination of sound location.  Adult business segment held significant industry share owing to the increasing ageing population base having a higher susceptibility towards age induced hearing loss.  Pediatric business segment is slated to exhibit lucrative growth. Spur in number of children being diagnosed with profound hearing loss as a result of new born screening programs will boost growth.  India cochlear implant systems market presents a lucrative future opportunity owing to the presence of a large patient pool and low market penetration.  Prominent industry players include Cochlear, MED-EL, William Demant, Sonova and Nurotron Biotechnology. Continued...

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Brazil Cochlear Implant Systems Market size, By Product, 2013-2024 (USD Million)

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Browse Full Market Research Report On Cochlear Implant Systems Market @ http://bit.ly/2HNlZ7Dhttp://bit.ly/2HNlZ7D Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/2411 https://www.gminsights.com/request-sample/detail/2411 https://www.gminsights.com/request-sample/detail/49

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