Europe Cochlear Implants Market to 2027 - Regional Analysis and Forecasts By Type of Fitting (Unilateral Implantation, Bilateral Implantation) and By End User (Adults, Pediatrics) and Country

TIPRE00007976 | Pages: 112 | Medical Device | Jan 2020 | Type: Regional | Status: Published

The Europe Cochlear implants market is expected to reach US$ 1,076.4 Mn in 2027 from US$ 404.5 Mn in 2018. The market is estimated to grow with a CAGR of 11.6% from 2019-2027.

The growth of the market is driven by factors such as the increasing aging population in Europe and the growing prevalence of hearing loss in the European region. Whereas, risks associated with cochlear surgery is likely to have a negative impact on the growth of the market in the coming years.

Hearing loss among the geriatric population is a growing public health burden worldwide. As per the national institute on aging, around one in three people between the ages of 65 and 74 has hearing loss, and nearly half of those older than 75 have difficulty hearing. The aging population is poised to become one of the most significant transformations with a heavy impact on the social and economic levels across Europe. This population is growing exponentially. According to the 2018 Ageing Report, Europe’s total population of 511 million in 2016 is expected to reach 520 million in 2070. The report also mentioned that the working-age population of 333 million in 2016 is estimated to decrease to 292 million in 2070.

Furthermore, as per the factsheet Later Life in the United Kingdom 2019, there are approximately 11,989,322, (12 million) people aged 65 years or more of which 5.4 million people are over 75 years, 1.6 million are aged over 85 years, and over 500,000 people are aged 90+ (579,776) and around 14,430 are centenarians.

Moreover, according to The Aging Readiness & Competitiveness Report – Germany, Germany is one of only five “super-aged” countries across the globe, and the population aged 65 and above is projected to increase 41 percent to 24 million individuals by 2050. Thus, in 2050, the number of those aged 65 and older will be one-third of the estimated total population of 75 million.

The elderly people are more likely to have a hearing disability than younger people, and the effect of the disease on quality of life is particularly deep in this population. With an increase in the number of an aging population, the prevalence of hearing disorders has increased. Therefore, the demand for cochlear implants is expected to increase during the forecast period.

The rising number of the elderly population in France is expected to drive cochlear implants market growth as they are more prone to hearing disorders. As in other European countries, France faces a continuous and significant increase in the number of elderly people: in 2012, there were 15 million people aged more than 60 years old in France. This number will reach 24 million in 2060. The rising number of the elderly population and the growing medical device industry in the country create a lucrative opportunity and the presence of an established market for cochlear implants.

Rest of Europe Cochlear Implants Market Revenue and Forecasts to 2027 (US$ Bn)

Rest of Europe Cochlear Implants Market Revenue and Forecasts to 2027 (US$ Bn)

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EUROPE COCHLEAR IMPLANTS – MARKET SEGMENTATION

By Type Of Fitting

  • Unilateral Cochlear Implantation
  • Bilateral Cochlear Implantation

EUROPE COCHLEAR IMPLANTS – MARKET SEGMENTATION

By End User

  • Adults
  • Pediatrics

By Country

  • France
  • Germany
  • U.K.
  • Spain
  • Italy

Companies Mentioned

  • Cochlear Ltd.
  • MED-EL
  • Sonova
  • Nurotron Biotechnology Co. Ltd.
  • Medtronic
  • Demant A/S
  • Starkey
  • WIDEX A/S
  • Amplifon
  • GN Hearing A/S

1.           Introduction

1.1         Scope Of The Study

1.2         The Insight Partners Research Report Guidance

2.           Europe Cochlear Implants Market – Key Takeaways

3.           Europe Cochlear Implants Market – Market Landscape

3.1         Overview

3.2         Market Segmentation

3.2.1        Europe Cochlear implants Market – By Type of Fitting

3.2.2        Europe Cochlear implants Market – By End User

3.2.3        Europe Cochlear Implants Market – By Country

3.3         PEST Analysis

3.4         Expert Opinions

4.           Europe Cochlear Implants Market-Key Market Dynamics

4.1         Key Market Drivers

4.1.1        Increasing Aging Population in Europe

4.1.2        Growing Prevalence of Hearing Loss in Europe

4.2         Key Market Restraints

4.2.1        Risks Associated With the Cochlear Surgery

4.3         Key Market Opportunities

4.3.1        Increasing Awareness, Fundings for Cochlear Implants In Europe

4.4         Future Trends

4.4.1        Product Innovations In Cochlear Implants

4.5         Impact Analysis Of Drivers And Restraints

5.           Cochlear Implants Market – Europe Analysis

5.1         Europe Cochlear Implants Market Revenue Forecasts And Analysis

5.2         Market Positioning

5.3         Performance Of Key Players

5.3.1        Cochlear Ltd.

5.3.2        MED-EL

6.           Europe Cochlear Implants Market Analysis –  By Type Of Fitting

6.1         Overview

6.2         Europe Cochlear Implants Market, By Product, 2018 & 2027 (%)

6.3         Europe Cochlear Implants Market Revenue And Forecasts To 2027, By Type Of Fitting (Us$ Mn)

6.4         Unilateral Implantation Market

6.4.1        Overview

6.4.2        Unilateral Implantation Market Revenue and Forecast to 2027 (US$ Mn)

6.5         Bilateral Implantation Market

6.5.1        Overview

6.5.2        Bilateral Implantation Market Revenue and Forecast to 2027 (US$ Mn)

7.           Europe Cochlear Implants Market Analysis –  By End User

7.1         Overview

7.2         Europe Cochlear Implants Market, By End User, 2018 & 2027 (%)

7.3         Europe Cochlear Implants Market Revenue And Forecasts To 2027, By End User (Us$ Mn)

7.4         Adults Market

7.4.1        Overview

7.4.2        Adults Market Revenue and Forecast to 2027 (US$ Mn)

7.5         Pediatrics Market

7.5.1        Overview

7.5.2        Pediatrics Market Revenue and Forecast to 2027 (US$ Mn)

8.           Europe Cochlear Implants Market Revenue And Forecasts To 2027

8.1         Overview

8.2         Europe Cochlear Implants Market Revenue And Forecasts To 2027, By Country (%)

8.2.1        Germany Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)

8.2.2        Germany Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)

8.2.2.1          Germany Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)

8.2.2.2          Germany Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)

8.2.3        UK Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)

8.2.4        UK Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)

8.2.4.1          UK Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)

8.2.4.2          UK Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)

8.2.5        France Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)

8.2.6        France Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)

8.2.6.1          France Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)

8.2.6.2          France Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)

8.2.7        Italy Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)

8.2.8        Italy Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)

8.2.8.1          Italy Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)

8.2.8.2          Italy Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)

8.2.9        Spain Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)

8.2.10     Spain Cochlear implants Market Revenue and Forecasts to 2027 (US$ Mn)

8.2.10.1       Spain Cochlear implants Market Revenue And Forecasts to 2027, By Type of Fitting (US$ Mn)

8.2.10.2       Spain Cochlear implants Market Revenue And Forecasts to 2027, By End User (US$ Mn)

9.           Cochlear Implants Market –Industry Landscape

9.1         Overview

9.2         Comparative Company Analysis

9.3         Growth Strategies Done By The Companies In The Market, (%)

9.4         Organic Developments

9.4.1        Overview

9.5         Inorganic Developments

9.5.1        Overview

10.        Cochlear Implants Market–Key Company Profiles

10.1      Cochlear Ltd.

10.1.1     Key Facts

10.1.2     Business Description

10.1.3     Financial Information

10.1.4     Product Portfolio

10.1.5     SWOT Analysis

10.1.6     Key Developments

10.2      Med-El

10.2.1     Key Facts

10.2.2     Business Description

10.2.3     Financial Overview

10.2.4     Product Portfolio

10.2.5     SWOT Analysis

10.2.6     Key Developments

10.3      Sonova

10.3.1     Key Facts

10.3.2     Business Description

10.3.3     Financial Overview

10.3.4     Product Portfolio

10.3.5     SWOT Analysis

10.3.6     Key Developments

10.4      Nurotron Biotechnology Co. Ltd.

10.4.1     Key Facts

10.4.2     Business Description

10.4.3     Financial Information

10.4.4     Product Portfolio

10.4.5     SWOT Analysis

10.4.6     Key Developments

10.5      Demant A/S

10.5.1     Key Facts

10.5.2     Business Description

10.5.3     Financial Overview

10.5.4     Product Portfolio

10.5.5     SWOT Analysis

10.5.6     Key Developments

10.6      Starkey

10.6.1     Key Facts

10.6.2     Business Description

10.6.3     Financial Information

10.6.4     Product Portfolio

10.6.5     SWOT Analysis

10.6.6     Key Developments

10.7      Amplifon

10.7.1     Key Facts

10.7.2     Business Description

10.7.3     Financial Information

10.7.4     Product Portfolio

10.7.5     SWOT Analysis

10.7.6     Key Developments

10.8      Medtronic

10.8.1     Key Facts

10.8.2     Business Description

10.8.3     Financial Information

10.8.4     Product Portfolio

10.8.5     SWOT Analysis

10.8.6     Key Developments

10.9      Widex A/S

10.9.1     Key Facts

10.9.2     Business Description

10.9.3     Financial Information

10.9.4     Product Portfolio

10.9.5     SWOT Analysis

10.9.6     Key Developments

10.10   Gn Hearing A/S

10.10.1  Key Facts

10.10.2  Business Description

10.10.3  Financial Overview

10.10.4  Product Portfolio

10.10.5  SWOT Analysis

10.10.6  Key Developments

11.        Appendix

11.1      About The Insight Partners

11.2      Glossary Of Terms

11.3      Methodology

11.3.1     Coverage

11.3.2     Secondary Research

11.3.3     Primary Research

 

LIST OF TABLES

Table 1.            Hearing Loss Trends In Europe

Table 2.            Europe Cochlear Implants Market Revenue And Forecasts To 2025, By Type Of Fitting (US$ Mn)

Table 3.            Europe Cochlear Implants Market Revenue And Forecasts To 2025, By End User (US$ Mn)

Table 4.            Germany Cochlear Implants Market Revenue And Forecasts To 2027, By Type Of Fitting (US$ Mn)

Table 5.            Germany Cochlear Implants Market Revenue And Forecasts To 2027, By End User (US$ Mn)

Table 6.            UK Cochlear Implants Market Revenue And Forecasts To 2027, By Type Of Fitting (US$ Mn)

Table 7.            UK Cochlear Implants Market Revenue And Forecasts To 2027, By End User (US$ Mn)

Table 8.            France Cochlear Implants Market Revenue And Forecasts To 2027, By Type Of Fitting (US$ Mn)

Table 9.            France Cochlear Implants Market Revenue And Forecasts To 2027, By End User (US$ Mn)

Table 10.         Italy Cochlear Implants Market Revenue And Forecasts To 2027, By Type Of Fitting (US$ Mn)

Table 11.         Italy Cochlear Implants Market Revenue And Forecasts To 2027, By End User (US$ Mn)

Table 12.         Spain Cochlear Implants Market Revenue And Forecasts To 2027, By Type Of Fitting (US$ Mn)

Table 13.         Spain Cochlear Implants Market Revenue And Forecasts To 2027, By End User (US$ Mn)

Table 14.         Organic Developments Done By Companies

Table 15.         Inorganic Developments Done By Companies

Table 16.         Glossary Of Terms, Cochlear Implants Market

 

LIST OF FIGURES

Figure 1.          France Cochlear Implants Market, Revenue (US$ Mn), By 2018 & 2027

Figure 2.          Europe Cochlear Implants Market By Type Of Fitting , Market Share (%), 2018

Figure 3.          Europe Cochlear Implants Market By End User, Market Share (%), 2018

Figure 4.          Cochlear Implants Market Segmentation

Figure 5.          Europe Pest Analysis

Figure 6.          Cochlear Implants Market Impact Analysis Of Driver And Restraint

Figure 7.          Europe Cochlear Implants Market – Revenue Forecasts And Analysis – 2017- 2027

Figure 8.          Europe Cochlear Implants Market By Type Of Fitting, 2018 & 2027 (%)

Figure 9.          Unilateral Implantation Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 10.       Bilateral Implantation Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 11.       Europe Cochlear Implants Market By End User, 2018 & 2027 (%)

Figure 12.       Adults Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 13.       Pediatrics Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 14.       Europe Cochlear Implants Market Revenue, By Country, 2018 (US$ Mn)

Figure 15.       Europe Cochlear Implants Market Revenue And Forecasts To 2027, By Country (%)

Figure 16.       Germany Cochlear Implants Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 17.       UK Cochlear Implants Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 18.       France Cochlear Implants Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 19.       Italy Cochlear Implants Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 20.       Spain Cochlear Implants Market Revenue And Forecasts To 2027 (US$ Mn)

Figure 21.       Comparative Company Analysis

Figure 22.       Growth Strategies Done By The Companies In The Market, (%)

 

The List of Companies in Europe Cochlear Implants Market

  1. Cochlear Ltd.
  2. MED-EL
  3. Sonova
  4. Nurotron Biotechnology Co. Ltd.
  5. Medtronic
  6. Demant A/S
  7. Starkey
  8. WIDEX A/S
  9. Amplifon
  10. GN Hearing A/S

 

  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the cochlear implants market.

 

  • Highlights key business priorities in order to assist companies to realign their business strategies.

 

  • The key findings and recommendations highlight crucial progressive industry trends in the Europe cochlear implants market, thereby allowing players across the value chain to develop effective long-term strategies.

 

  • Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.

 

  • Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it.

 

  • Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing and distribution.

 

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