According to a market report by Lucintel, the future of the global bionics ear market looks promising with opportunities in the hospitals and clinics markets. The global bionics ear market is expected to reach an estimated $11 billion by 2030 from $7 billion in 2024 at a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are increasing number of elderly people, rising incidence of hearing impairment, and improvements in technology and advantageous reimbursement guidelines.
A more
than 150-page report to understand trends, opportunity and forecast in bionics
ear market to 2030 by type (cochlear implant, auditory brainstem implants, and
baha/bahs), end use (hospitals, clinics, and others), and region (North
America, Europe, Asia Pacific, and the Rest of the World).
Lucintel
forecasts that cochlear implant will remain the largest segment over the
forecast period due to increasing frequency of cochlear implant surgeries.
Within
this market, hospital is expected to witness the higher growth due to
substantial number of surgical procedures performed in hospitals.
Download
sample by clicking on bionics ear market.
Europe is
expected to witness highest growth over the forecast period due to growing use
of cochlear implants in children and adults, as well as more knowledge of
available treatments for hearing loss.
Cochlear,
MED-EL Medical Electronics, Sonova, Demant, Zhejiang Nurotron Biotechnology,
GAES, Amplifon are the major suppliers
in the bionics ear market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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