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A research study titled, “Cochlear Implants Market by Type and End User – Global Industry Analysis and Forecast to 2025” published by Crystal Market Research, states that the Cochlear Implants Market is projected to be around $3 billion by 2025.

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cochlear implants market is projected

Cochlear Implants Market is projected to be around $ 3 Billion by 2025 |

Crystal Market research

A research study titled, “Cochlear Implants Market by Type and End User – Global Industry

Analysis and Forecast to 2025” published by Crystal Market Research, states that the Cochlear

Implants Market is projected to be around $3 billion by 2025.

For more information, click on the below link @

https://www.crystalmarketresearch.com/report/cochlear-implants-market

Report Overview:

A Cochlear Implant is a device which delivers electrical stimulation to the auditory nerve present

in the inner ear. Children and adults affected by profound hearing loss who cannot use hearing

aids can be helped with cochlear implants. Hearing loss can arise from hereditary as well as non-

hereditary factors or due to certain complications during childbirth or pregnancy. Acquired

causes of hearing loss may include infectious diseases such as meningitis, measles or other

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chronic ear infections the major impact

chronic ear infections. The major impact of hearing loss is on an individual’s ability to

communicate with others which in turn, may have social and emotional impact such as feeling of

isolation, frustration and loneliness. As per the data revealed by WHO, in February 2017, around

360 million people worldwide are suffering from hearing loss, of which 32 million are children.

Nearly one third of people over 65 years of age are suffering from disabling hearing loss.

In 2016, unilateral implants segment held a major share of the overall cochlear implants market,

as the surgery for unilateral implants in done at a lower cost as opposed to bilateral implants.

Bilateral implants market will exhibit fastest growth rate over the forecast period, due to the

exceptional results of these implants for children. Children who have undergone bilateral

implantation benefit from the implants to localize sources of sound and recognize speech in

noisy environment at home or school. On an average, children with bilateral implants perform

better than unilateral implants on tests of movement tracking and localization.

Regional Outlook:

In 2016, Europe accounted for the major share of the global cochlear implants market, owing to

the presence of large patient base, rapidly growing elderly population, and increased adoption of

implants due to improved healthcare infrastructure in the region. North America held the second

largest share of the overall market and is expected to witness an impressive growth over the

forecast period, due to rising prevalence of hearing loss, high adoption of advanced products, and

well-established healthcare infrastructure. According to the National Institute of Deafness and

Other communication Disorders, out of every 1,000 children in U.S., around 2 to 3 children are

born with a detectable hearing loss in either one or both ears.

Top Major Market Players:

Some of the key players operating in this market are William Demant Holding A/S, Cochlear

Ltd., MED-EL, Gaes Group, Sonova Holding AG, SeboTek Hearing Systems, LLC, Nurotron

Biotechnology Co. Ltd, Audina Hearing Instruments, Inc. and GN Store Nord A/S.

Purchase the report @ https://www.crystalmarketresearch.com/checkout/HC052

About Crystal Market Research:

Crystal offers one stop solution for market research, business intelligence, and consulting

services to help clients make more informed decisions. It provides both syndicated as well as

customized research studies for its customers spread across the globe. The company offers

market intelligence reports across a broad range of industries including healthcare, chemicals &

materials, technology, automotive, and energy.

Contact Us:

Judy

304 South Jones Blvd, Suite 1896,

Las Vegas NV 89107, United States.

Toll Free: +1-888-213-4282

Website: http://www.crystalmarketresearch.com

For More Discounts Offers Email at sales @ sales@crystalmarketresearch.com

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