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Cochlear Implants Market in the US 2025-2029

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    Report

  • 151 Pages
  • February 2025
  • Region: United States
  • TechNavio
  • ID: 6052299
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The cochlear implants market in the US is forecasted to grow by USD 415.5 million during 2024-2029, accelerating at a CAGR of 11.8% during the forecast period. The report on the cochlear implants market in the US provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising prevalence of hearing loss, favorable insurance and reimbursement policies, and increased awareness and early diagnosis of hearing loss.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.

The cochlear implants market in the US is segmented as below:

By Product

  • Unilateral
  • Bilateral

By Type

  • Adult
  • Pediatric

By End-user

  • Hospitals
  • Specialty clinics
  • Ambulatory surgical centers

By Geographical Landscape

  • North America
This study identifies the technological advancements as one of the prime reasons driving the cochlear implants market in the US growth during the next few years. Also, increasing focus on aesthetic appearance and customization and expansion of candidacy indications for cochlear implants will lead to sizable demand in the market.

The report on the cochlear implants market in the US covers the following areas:

  • Cochlear Implants Market in the US sizing
  • Cochlear Implants Market in the US forecast
  • Cochlear Implants Market in the US industry analysis
A robust vendor analysis within the report is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cochlear implants market in the US vendors that include Advanced Bionics AG, Cochlear Ltd., Envoy Medical Corp., MED EL Medical Electronics., Medtronic PLC, Oticon Medical AS, and ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD. Also, the cochlear implants market in the US analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Country Market Characteristics
Executive Summary - Chart on Market Segmentation by Product
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Market Segmentation by End-user
Executive Summary - Chart on Company Market Positioning
2 Market Analysis
2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
2.2 Criticality of inputs and Factors of differentiation
Overview on criticality of inputs and factors of differentiation
2.3 Factors of disruption
Overview on factors of disruption
2.4 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
3 Market Landscape
3.1 Market ecosystem
Parent Market
Data Table on - Parent Market
3.2 Market characteristics
Market characteristics analysis
3.3 Value chain analysis
Value chain analysis
4 Market Sizing
4.1 Market definition
Offerings of companies included in the market definition
4.2 Market segment analysis
Market segments
4.3 Market size 2024
4.4 Market outlook: Forecast for 2024-2029
Chart on US - Market size and forecast 2024-2029 ($ million)
Data Table on US - Market size and forecast 2024-2029 ($ million)
Chart on US: Year-over-year growth 2024-2029 (%)
Data Table on US: Year-over-year growth 2024-2029 (%)
5 Historic Market Size
5.1 Cochlear Implants Market in US 2019 - 2023
Historic Market Size - Data Table on Cochlear Implants Market in US 2019 - 2023 ($ million)
5.2 Product segment analysis 2019 - 2023
Historic Market Size - Product Segment 2019 - 2023 ($ million)
5.3 Type segment analysis 2019 - 2023
Historic Market Size - Type Segment 2019 - 2023 ($ million)
5.4 End-user segment analysis 2019 - 2023
Historic Market Size - End-user Segment 2019 - 2023 ($ million)
6 Qualitative Analysis
6.1 Impact of AI on Cochlear Implants Market in US
7 Five Forces Analysis
7.1 Five forces summary
Five forces analysis - Comparison between 2024 and 2029
7.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2024 and 2029
7.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2024 and 2029
7.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2024 and 2029
7.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2024 and 2029
7.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2024 and 2029
7.7 Market condition
Chart on Market condition - Five forces 2024 and 2029
8 Market Segmentation by Product
8.1 Market segments
Chart on Product - Market share 2024-2029 (%)
Data Table on Product - Market share 2024-2029 (%)
8.2 Comparison by Product
Chart on Comparison by Product
Data Table on Comparison by Product
8.3 Unilateral - Market size and forecast 2024-2029
Chart on Unilateral - Market size and forecast 2024-2029 ($ million)
Data Table on Unilateral - Market size and forecast 2024-2029 ($ million)
Chart on Unilateral - Year-over-year growth 2024-2029 (%)
Data Table on Unilateral - Year-over-year growth 2024-2029 (%)
8.4 Bilateral - Market size and forecast 2024-2029
Chart on Bilateral - Market size and forecast 2024-2029 ($ million)
Data Table on Bilateral - Market size and forecast 2024-2029 ($ million)
Chart on Bilateral - Year-over-year growth 2024-2029 (%)
Data Table on Bilateral - Year-over-year growth 2024-2029 (%)
8.5 Market opportunity by Product
Market opportunity by Product ($ million)
Data Table on Market opportunity by Product ($ million)
9 Market Segmentation by Type
9.1 Market segments
Chart on Type - Market share 2024-2029 (%)
Data Table on Type - Market share 2024-2029 (%)
9.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
9.3 Adult - Market size and forecast 2024-2029
Chart on Adult - Market size and forecast 2024-2029 ($ million)
Data Table on Adult - Market size and forecast 2024-2029 ($ million)
Chart on Adult - Year-over-year growth 2024-2029 (%)
Data Table on Adult - Year-over-year growth 2024-2029 (%)
9.4 Pediatric - Market size and forecast 2024-2029
Chart on Pediatric - Market size and forecast 2024-2029 ($ million)
Data Table on Pediatric - Market size and forecast 2024-2029 ($ million)
Chart on Pediatric - Year-over-year growth 2024-2029 (%)
Data Table on Pediatric - Year-over-year growth 2024-2029 (%)
9.5 Market opportunity by Type
Market opportunity by Type ($ million)
Data Table on Market opportunity by Type ($ million)
10 Market Segmentation by End-user
10.1 Market segments
Chart on End-user - Market share 2024-2029 (%)
Data Table on End-user - Market share 2024-2029 (%)
10.2 Comparison by End-user
Chart on Comparison by End-user
Data Table on Comparison by End-user
10.3 Hospitals - Market size and forecast 2024-2029
Chart on Hospitals - Market size and forecast 2024-2029 ($ million)
Data Table on Hospitals - Market size and forecast 2024-2029 ($ million)
Chart on Hospitals - Year-over-year growth 2024-2029 (%)
Data Table on Hospitals - Year-over-year growth 2024-2029 (%)
10.4 Specialty clinics - Market size and forecast 2024-2029
Chart on Specialty clinics - Market size and forecast 2024-2029 ($ million)
Data Table on Specialty clinics - Market size and forecast 2024-2029 ($ million)
Chart on Specialty clinics - Year-over-year growth 2024-2029 (%)
Data Table on Specialty clinics - Year-over-year growth 2024-2029 (%)
10.5 Ambulatory surgical centers - Market size and forecast 2024-2029
Chart on Ambulatory surgical centers - Market size and forecast 2024-2029 ($ million)
Data Table on Ambulatory surgical centers - Market size and forecast 2024-2029 ($ million)
Chart on Ambulatory surgical centers - Year-over-year growth 2024-2029 (%)
Data Table on Ambulatory surgical centers - Year-over-year growth 2024-2029 (%)
10.6 Market opportunity by End-user
Market opportunity by End-user ($ million)
Data Table on Market opportunity by End-user ($ million)
11 Customer Landscape
11.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Drivers, Challenges, and Opportunity/Restraints
12.1 Market drivers
12.2 Market challenges
12.3 Impact of drivers and challenges
Impact of drivers and challenges in 2024 and 2029
12.4 Market opportunities/restraints
13 Competitive Landscape
13.1 Overview
13.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
13.3 Landscape disruption
Overview on factors of disruption
13.4 Industry risks
Impact of key risks on business
14 Competitive Analysis
14.1 Companies profiled
Companies covered
14.2 Company ranking index
Company ranking index
14.3 Market positioning of companies
Matrix on companies position and classification
14.4 Advanced Bionics AG
Advanced Bionics AG - Overview
Advanced Bionics AG - Product / Service
Advanced Bionics AG - Key offerings
SWOT
14.5 Cochlear Ltd.
Cochlear Ltd. - Overview
Cochlear Ltd. - Business segments
Cochlear Ltd. - Key news
Cochlear Ltd. - Key offerings
Cochlear Ltd. - Segment focus
SWOT
14.6 Envoy Medical Corp.
Envoy Medical Corp. - Overview
Envoy Medical Corp. - Product / Service
Envoy Medical Corp. - Key offerings
SWOT
14.7 MED EL Medical Electronics.
MED EL Medical Electronics. - Overview
MED EL Medical Electronics. - Product / Service
MED EL Medical Electronics. - Key news
MED EL Medical Electronics. - Key offerings
SWOT
14.8 Medtronic Plc
Medtronic Plc - Overview
Medtronic Plc - Business segments
Medtronic Plc - Key news
Medtronic Plc - Key offerings
Medtronic Plc - Segment focus
SWOT
14.9 Oticon Medical AS
Oticon Medical AS - Overview
Oticon Medical AS - Product / Service
Oticon Medical AS - Key offerings
SWOT
14.10 ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD.
ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD. - Overview
ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD. - Product / Service
ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD. - Key offerings
SWOT
15 Appendix
15.1 Scope of the report
15.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
15.3 Currency conversion rates for US$
Currency conversion rates for US$
15.4 Research methodology
Research methodology
15.5 Data procurement
Information sources
15.6 Data validation
Data validation
15.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
15.8 Data synthesis
Data synthesis
15.9 360 degree market analysis
360 degree market analysis
15.10 List of abbreviations
List of abbreviations
List of Exhibits
Exhibits 1: Executive Summary - Chart on Market Overview
Exhibits 2: Executive Summary - Data Table on Market Overview
Exhibits 3: Executive Summary - Chart on Country Market Characteristics
Exhibits 4: Executive Summary - Chart on Market Segmentation by Product
Exhibits 5: Executive Summary - Chart on Market Segmentation by Type
Exhibits 6: Executive Summary - Chart on Market Segmentation by End-user
Exhibits 7: Executive Summary - Chart on Company Market Positioning
Exhibits 8: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 9: Overview on criticality of inputs and factors of differentiation
Exhibits 10: Overview on factors of disruption
Exhibits 11: Impact of drivers and challenges in 2024 and 2029
Exhibits 12: Parent Market
Exhibits 13: Data Table on - Parent Market
Exhibits 14: Market characteristics analysis
Exhibits 15: Value chain analysis
Exhibits 16: Offerings of companies included in the market definition
Exhibits 17: Market segments
Exhibits 18: Chart on US - Market size and forecast 2024-2029 ($ million)
Exhibits 19: Data Table on US - Market size and forecast 2024-2029 ($ million)
Exhibits 20: Chart on US: Year-over-year growth 2024-2029 (%)
Exhibits 21: Data Table on US: Year-over-year growth 2024-2029 (%)
Exhibits 22: Historic Market Size - Data Table on Cochlear Implants Market in US 2019 - 2023 ($ million)
Exhibits 23: Historic Market Size - Product Segment 2019 - 2023 ($ million)
Exhibits 24: Historic Market Size - Type Segment 2019 - 2023 ($ million)
Exhibits 25: Historic Market Size - End-user Segment 2019 - 2023 ($ million)
Exhibits 26: Five forces analysis - Comparison between 2024 and 2029
Exhibits 27: Bargaining power of buyers - Impact of key factors 2024 and 2029
Exhibits 28: Bargaining power of suppliers - Impact of key factors in 2024 and 2029
Exhibits 29: Threat of new entrants - Impact of key factors in 2024 and 2029
Exhibits 30: Threat of substitutes - Impact of key factors in 2024 and 2029
Exhibits 31: Threat of rivalry - Impact of key factors in 2024 and 2029
Exhibits 32: Chart on Market condition - Five forces 2024 and 2029
Exhibits 33: Chart on Product - Market share 2024-2029 (%)
Exhibits 34: Data Table on Product - Market share 2024-2029 (%)
Exhibits 35: Chart on Comparison by Product
Exhibits 36: Data Table on Comparison by Product
Exhibits 37: Chart on Unilateral - Market size and forecast 2024-2029 ($ million)
Exhibits 38: Data Table on Unilateral - Market size and forecast 2024-2029 ($ million)
Exhibits 39: Chart on Unilateral - Year-over-year growth 2024-2029 (%)
Exhibits 40: Data Table on Unilateral - Year-over-year growth 2024-2029 (%)
Exhibits 41: Chart on Bilateral - Market size and forecast 2024-2029 ($ million)
Exhibits 42: Data Table on Bilateral - Market size and forecast 2024-2029 ($ million)
Exhibits 43: Chart on Bilateral - Year-over-year growth 2024-2029 (%)
Exhibits 44: Data Table on Bilateral - Year-over-year growth 2024-2029 (%)
Exhibits 45: Market opportunity by Product ($ million)
Exhibits 46: Data Table on Market opportunity by Product ($ million)
Exhibits 47: Chart on Type - Market share 2024-2029 (%)
Exhibits 48: Data Table on Type - Market share 2024-2029 (%)
Exhibits 49: Chart on Comparison by Type
Exhibits 50: Data Table on Comparison by Type
Exhibits 51: Chart on Adult - Market size and forecast 2024-2029 ($ million)
Exhibits 52: Data Table on Adult - Market size and forecast 2024-2029 ($ million)
Exhibits 53: Chart on Adult - Year-over-year growth 2024-2029 (%)
Exhibits 54: Data Table on Adult - Year-over-year growth 2024-2029 (%)
Exhibits 55: Chart on Pediatric - Market size and forecast 2024-2029 ($ million)
Exhibits 56: Data Table on Pediatric - Market size and forecast 2024-2029 ($ million)
Exhibits 57: Chart on Pediatric - Year-over-year growth 2024-2029 (%)
Exhibits 58: Data Table on Pediatric - Year-over-year growth 2024-2029 (%)
Exhibits 59: Market opportunity by Type ($ million)
Exhibits 60: Data Table on Market opportunity by Type ($ million)
Exhibits 61: Chart on End-user - Market share 2024-2029 (%)
Exhibits 62: Data Table on End-user - Market share 2024-2029 (%)
Exhibits 63: Chart on Comparison by End-user
Exhibits 64: Data Table on Comparison by End-user
Exhibits 65: Chart on Hospitals - Market size and forecast 2024-2029 ($ million)
Exhibits 66: Data Table on Hospitals - Market size and forecast 2024-2029 ($ million)
Exhibits 67: Chart on Hospitals - Year-over-year growth 2024-2029 (%)
Exhibits 68: Data Table on Hospitals - Year-over-year growth 2024-2029 (%)
Exhibits 69: Chart on Specialty clinics - Market size and forecast 2024-2029 ($ million)
Exhibits 70: Data Table on Specialty clinics - Market size and forecast 2024-2029 ($ million)
Exhibits 71: Chart on Specialty clinics - Year-over-year growth 2024-2029 (%)
Exhibits 72: Data Table on Specialty clinics - Year-over-year growth 2024-2029 (%)
Exhibits 73: Chart on Ambulatory surgical centers - Market size and forecast 2024-2029 ($ million)
Exhibits 74: Data Table on Ambulatory surgical centers - Market size and forecast 2024-2029 ($ million)
Exhibits 75: Chart on Ambulatory surgical centers - Year-over-year growth 2024-2029 (%)
Exhibits 76: Data Table on Ambulatory surgical centers - Year-over-year growth 2024-2029 (%)
Exhibits 77: Market opportunity by End-user ($ million)
Exhibits 78: Data Table on Market opportunity by End-user ($ million)
Exhibits 79: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits 80: Impact of drivers and challenges in 2024 and 2029
Exhibits 81: Overview on criticality of inputs and factors of differentiation
Exhibits 82: Overview on factors of disruption
Exhibits 83: Impact of key risks on business
Exhibits 84: Companies covered
Exhibits 85: Company ranking index
Exhibits 86: Matrix on companies position and classification
Exhibits 87: Advanced Bionics AG - Overview
Exhibits 88: Advanced Bionics AG - Product / Service
Exhibits 89: Advanced Bionics AG - Key offerings
Exhibits 90: SWOT
Exhibits 91: Cochlear Ltd. - Overview
Exhibits 92: Cochlear Ltd. - Business segments
Exhibits 93: Cochlear Ltd. - Key news
Exhibits 94: Cochlear Ltd. - Key offerings
Exhibits 95: Cochlear Ltd. - Segment focus
Exhibits 96: SWOT
Exhibits 97: Envoy Medical Corp. - Overview
Exhibits 98: Envoy Medical Corp. - Product / Service
Exhibits 99: Envoy Medical Corp. - Key offerings
Exhibits 100: SWOT
Exhibits 101: MED EL Medical Electronics. - Overview
Exhibits 102: MED EL Medical Electronics. - Product / Service
Exhibits 103: MED EL Medical Electronics. - Key news
Exhibits 104: MED EL Medical Electronics. - Key offerings
Exhibits 105: SWOT
Exhibits 106: Medtronic Plc - Overview
Exhibits 107: Medtronic Plc - Business segments
Exhibits 108: Medtronic Plc - Key news
Exhibits 109: Medtronic Plc - Key offerings
Exhibits 110: Medtronic Plc - Segment focus
Exhibits 111: SWOT
Exhibits 112: Oticon Medical AS - Overview
Exhibits 113: Oticon Medical AS - Product / Service
Exhibits 114: Oticon Medical AS - Key offerings
Exhibits 115: SWOT
Exhibits 116: ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD. - Overview
Exhibits 117: ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD. - Product / Service
Exhibits 118: ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD. - Key offerings
Exhibits 119: SWOT
Exhibits 120: Inclusions checklist
Exhibits 121: Exclusions checklist
Exhibits 122: Currency conversion rates for US$
Exhibits 123: Research methodology
Exhibits 124: Information sources
Exhibits 125: Data validation
Exhibits 126: Validation techniques employed for market sizing
Exhibits 127: Data synthesis
Exhibits 128: 360 degree market analysis
Exhibits 129: List of abbreviations

Executive Summary

The following companies are recognized as the key players in the cochlear implants market in us: Advanced Bionics AG, Cochlear Ltd., Envoy Medical Corp., MED EL Medical Electronics., Medtronic Plc, Oticon Medical AS, and ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD..

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is technological advancements."

According to the report, one of the major drivers for this market is the rising prevalence of hearing loss.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Advanced Bionics AG
  • Cochlear Ltd.
  • Envoy Medical Corp.
  • MED EL Medical Electronics.
  • Medtronic Plc
  • Oticon Medical AS
  • ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD.