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Cochlear Implants Market Size, Trends, Shares, Insights and Forecast – 2020-2027

u201cCoherent Market Insights u201cCOCHLEAR IMPLANTS MARKET u2013 GLOBAL TRENDS, ESTIMATES AND FORECASTS, 2020-2027u2033

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Cochlear Implants Market Size, Trends, Shares, Insights and Forecast – 2020-2027

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  1. COCHLEAR IMPLANTS MARKET ANALYSIS INDUSTRY INSIGHTS, TRENDS, OUTLOOK, AND OPPORTUNITY ANALYSIS, 2020–2027 © Coherent market Insights. All Rights Reserved © Coherent market Insights. All Rights Reserved

  2. REPORT DESCRIPTION Cochlear Implants Market - Overview Global CochlearImplants Market Drivers Leading manufacturers are focused on the development of new products in the global Cochlear Implants Market. For instance, in October 2018, Cochlear Limited announced the development of a permanently implantable cochlear implant. The company conducted a single-site study and the data was collected from 11 patients and further associated with the performance and safety of permanently implantable cochlear implant technology which can be used with an externally-worn sound processor (optional) to provide people with 24-hour hearing. In June 2019, Cochlear Limited announced the U.S. Food and Drug Administration’s (FDA) approval of the new Cochlear Implant in the Cochlear Nucleus Profile plus Series and the Nucleus 7 Sound Processors with a new built-in connectivity featuring direct streaming with the compatible Android smartphones. 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 consists 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. Browse Research Reports: https://www.coherentmarketinsights.com/ongoing- insight/cochlear-implants-market-3563 © Coherent market Insights. All Rights Reserved

  3. REPORT DESCRIPTION Increasing incidence of hearing loss among children as well as aged population across the world is expected to facilitate demand for these products. For instance, according to World Health Organization (WHO) 2019, around 466 million people have permanent hearing loss worldwide, out of which, 34 million are children. It is estimated that by the year 2050, over 900 million people will suffer from disabling hearing loss. Moreover, according to WHO, it was estimated that, in 2019, unaddressed hearing loss led to an annual global cost of US$ 750 billion. This includes cost of health sector, educational support, and loss of productivity. Global Cochlear Implants Market Restraints Alternative treatment options such as hearing aids, and surgery to cochlear implants are available in the market. For instance, according to an article in National Center for Biotechnology Information (NCBI), 2019, a study was carried out to check the efficiency of Bone Anchored Hearing Aid (BAHA) (manufactured by Oticon Medical and Cochlear Americas), when implanted in patients. It was reported that the overall complication rate was low and the patient responded positively to the BAHA implantation. According to NCBI, 2017, BAHA is useful for individuals who have outer or middle ear malformations or one sided deafness. Moreover, surgical treatment for hearing loss are also available as alternative treatments to cochlear implants. Surgical procedure such as Stapedectomy (removal of stapes or bone from the middle ear) and Tympanoplasty (reconstruction of damaged eardrum) are used. Request a Sample copy of this reports: https://www.coherentmarketinsights.com/insight/request-sample/3563 © Coherent market Insights. All Rights Reserved

  4. REPORT DESCRIPTION Global Cochlear Implants Market Regional Analysis North America is expected to hold a dominant position in the global cochlear implants market over the forecast period as manufacturers across North America are engaged in product development and product launches through collaborations with other manufacturers. For instance, Advanced Bionics collaborated with Phonak (A Sonova Brand), to develop Naída CI Connect in March 2019. It consists of Naída CI Q90 sound processor which is incorporated into a wireless Bluetooth headset. The device is accompanied with microphones for hands-free calling, and is compatible with all Bluetooth enabled devices such as tablets, laptops, and MP3 players. Moreover, Cochlear Limited has launched a device, Nucleus 7 Sound Processor, that syncs with various Apple products. The Nucleus 7 Sound Processor was approved by the U.S. FDA in June 2017. In addition to this, Nurotron Biotechnology Co. Ltd launched Nurotron’s Venus Cochlear Implant System in January 2017 which is an effective solution for both children and adults who suffer from severe and profound hearing loss. Increasing prevalence of hearing loss in all age groups is expected to support the growth of the North America cochlear implants market. For instance, according to statistics recorded by Center for Disease Control and Prevention (CDC) in 2016, in the U.S, 14.9% children (6-9 years) reported low/high frequency hearing loss on a 16-decibel hearing level in one or both the ears. 5 out of 1000 children (3-17 years) are facing some amount of trouble in hearing. 1.4 per 1000 children suffered a bilateral hearing loss over 40 decibels. Buy-Now this Research Report @ https://www.coherentmarketinsights.com/insight/buy-now/3563 © Coherent market Insights. All Rights Reserved

  5. ABOUT COHERENT MARKET INSIGHTS ABOUT US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting its plethora of clients achieve transformational growth by helping them make critical business decisions. We are headquartered in India, with an office at the global financial capital in the U.S. Our client base includes players from across all business verticals in over 150 countries worldwide. We are uniquely positioned to help businesses around the globe deliver practical and lasting results through various recommendations about operational improvements, technologies, emerging market trends and new working methods. We offer both customized and syndicated market research reports that help our clients create visionary growth plans to provide traction to their business. We meticulously study emerging trends across various industries at both the global and regional levels to identify new opportunities for our clientele. SERVICES CUSTOMIZED RESEARCH INDUSTRY ANALYSIS SYNDICATED RESEARCH COUNTRY SPECIFIC STUDIES MARKET INTELLIGENCE SERVICES CONSULT STUDIES © Coherent market Insights. All Rights Reserved

  6. ABOUT CMI SECTOR COVERAGE BIOTECHNOLOGY CLINICAL DIAGNOSTIC HEALTHCARE IT MEDICAL DEVICES MEDICAL IMAGING PHARMACEUTICAL OUR CLIENTS  Global Leading Equipment and System Manufacturers  Marketing Consultancies and the Advertising Industry  Component Providers and System Integrators  Private and Government organization  Distributors, Retailors and Value Added Resellers  Outsourcing Companies  Healthcare IT Solutions Developers  Universities and Business Schools. © Coherent market Insights. All Rights Reserved

  7. KEY STATS RESEARCH SOLUTIONS 100+ GLOBAL REPORTS FEASIBILITY STUDIES Insights Published Per Year CUSTOMIZED SOLUTIONS 150+ COUNTRY ANALYSIS Consulting Projects Till Date CONSULT PROJECTS SURVEY RESEARCH 125+ EXCEL FORECAST DATABASE Clients Worldwide Per Year COMPETITIVE ASSESSMENT TECHNOLOGY SNIPPETS 110+ Analysts and Contract Consultants Coherent Market Insights excels at offering unmatched actionable market intelligence across various industry verticals, including chemicals, healthcare, and food & beverages, to name a few. We implement holistic market research methodology in order to result in the best possible market research reports across various industries worldwide. Based on our unmatched expertise across various industries—no matter how large or small, how complex or unique—we help our clients achieve better outcomes with uniquely designed and highly customized solutions. Our coverage includes insights that help our clients ensure sustained growth in developed markets and also key inputs to help them tap into emerging markets and exploit the plethora of opportunities posed therein. © Coherent market Insights. All Rights Reserved

  8. THANK YOU To know more about us, visit our website: www.coherentmarketinsights.com For sales queries or new topics email us on: sales@coherentmarketinsights.com For other queries contact: Mr. Shah (Manager - Business Development) Coherent Market Insights sales@coherentmarketinsights.com +1-206-701-6702 © Coherent market Insights. All Rights Reserved

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