Global Cochlear Implant (CI) System Sales Market Report 2023

Market Analysis and Insights: Global Cochlear Implant (CI) System Market

A Cochlear Implant (CI) System is a small, complex electronic device that can help to provide a sense of sound to a person who is profoundly deaf or severely hard-of-hearing. The implant consists of an external portion that sits behind the ear and a second portion that is surgically placed under the skin.

An implant does not restore normal hearing. Instead, it can give a deaf person a useful representation of sounds in the environment and help him or her to understand speech.

Due to the COVID-19 pandemic, the global Cochlear Implant (CI) System market size is estimated to be worth US$ 1946.7 million in 2022 and is forecast to a readjusted size of US$ 3583.6 million by 2029 with a CAGR of 9.0% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Unilateral Cochlear Implant accounting for % of the Cochlear Implant (CI) System global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Adult segment is altered to an % CAGR throughout this forecast period.

Due to the high technical threshold, the concentration of cochlear implants system market is very high. Cochlear from Australia is a giant player in this market, accounting for almost 60% of global market. Other leading companies are MED-EL, Advanced Bionics (Sonova), Oticon (William Demant), Hangzhou Nurotron and Listent Medical.

In terms of geography, the global cochlear implants market was dominated by the Europe, which accounted for more than 36% of the total market share.

In terms of products type, the market is segmented into unilateral implantation and bilateral implantation. Unilateral implantation dominated the overall cochlear implant market, accounting for over 97% of global market.

Cochlear implants for adults segment dominated the overall marke, accounting for over 57% of global market.

Global Cochlear Implant (CI) System Scope and Market Size

The global Cochlear Implant (CI) System market is segmented by company, region (country), type and end users. Players, stakeholders, and other participants in the global Cochlear Implant (CI) System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and end users for the period 2018-2029.



Segment by Type


Unilateral Cochlear Implant

Binaural Cochlear Implant

Segment by End Users

Adult

Pediatric


By Region

United States

Europe

China

Japan

Southeast Asia

India

Other Regions



By Company


Cochlear

MED-EL

Sonova

William Demant

Nurotron Biotechnology

Shlst