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Cochlear Implants Market Update
BURLINGAME, CA, USA, October 18, 2024 /EIN Presswire/ — A new report from CMI titled “Global Cochlear Implants Market 2024” offers insights into the medical devices industry, including demand analysis, competitive landscape, and more.
Key Trends in the Cochlear Implants Market:
- Aging Population: Increased lifespan will boost demand for affordable solutions, with a projected 13.7% CAGR for bilateral implants by 2031.
- Pediatric Use: Early implantation is becoming common, potentially increasing the pediatric market share to 25% by 2026.
- Reimbursement Growth: More health plans are covering cochlear implants, improving access.
- Advanced Technologies: Improvements like direct neural stimulation are enhancing the hearing experience.
- Emerging Markets: Countries like India and Brazil are increasing funding for implants, creating new opportunities.
Request a Sample Copy of the report for more details. Note: The sample includes the report’s scope, methodology, and framework. The full report (150+ pages) is available for purchase.
Market Segmentation:
By Type:
- Unilateral Cochlear Implant
- Bilateral Cochlear Implant
By Distribution Channel:
- Hospital Pharmacies
- Retail Pharmacies
- Online Pharmacies
Regions Covered: North America, Europe, Asia-Pacific, South America, Middle East & Africa.
Key Players:
- Valtronic
- Nurotron Biotechnology Co. Ltd.
- Cochlear Ltd.
- MED-EL Medical Electronics
- Oticon Medical
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