Global Bionic Ear Market Size & Outlook, 2023-2030
Global bionic ear market, 2018-2030 (US$M)
Related Markets
Global bionic ear market highlights
- The global bionic ear market generated a revenue of USD 2,254.3 million in 2023 and is expected to reach USD 3,951.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.3% by 2030.
- In terms of segment, cochlear implants accounted for a revenue of USD 1,680.9 million in 2023.
- Cochlear Implants is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Thailand is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 2,254.3 million |
| Market revenue in 2030 | USD 3,951.3 million |
| Growth rate | 8.3% (CAGR from 2023 to 2030) |
| Largest segment | Cochlear implants |
| Fastest growing segment | Cochlear Implants |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Cochlear Implants, BAHA/BAHS, Auditory Brainstem Implants |
Other key industry trends
- In terms of revenue, the North America accounted for 33.9% of the global bionic ear market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Thailand is the fastest growing regional market and is projected to reach USD 18.5 million by 2030.
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Bionic Ear Market Scope
Bionic Ear Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Amplifon SpA Az nom Post Frazionamento | View profile | 20000 | Via Ripamonti, 133, Milano, Italy, 20141 | https://corporate.amplifon.com |
| Gaes | View profile | 1001-5000 | Barcelona, Catalonia, Spain, Europe | http://www.gaes.es |
| MED-EL | View profile | 1001-5000 | Innsbruck, Tirol, Austria, Europe | http://www.medel.com/ |
| Demant A/S | View profile | 21623 | Kongebakken 9, Smorum, Denmark, 2765 | https://www.demant.com |
| Sonova Holding AG | View profile | 18151 | Laubisrutistrasse 28, Stafa, Switzerland, CH-8712 | https://www.sonova.com |
| Cochlear Ltd | View profile | 4773 | 1 University Avenue, Macquarie University, Sydney, NSW, Australia, 2109 | https://www.cochlear.com |
Global bionic ear market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to bionic ear market will help companies and investors design strategic landscapes.
Cochlear implants was the largest segment with a revenue share of 74.56% in 2023. Horizon Databook has segmented the Global bionic ear market based on cochlear implants, baha/bahs, auditory brainstem implants covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Bionic Ear Type Outlook (Revenue, USD Million, 2018-2030)
- BAHA/BAHS
- Cochlear Implants
- Auditory Brainstem Implants
- Global Bionic Ear End-users Outlook (Revenue, USD Million, 2018-2030)
- Hospitals
- Clinics
- Others
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Target buyers of Global bionic ear market databook
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Our clientele includes a mix of bionic ear market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global bionic ear market , including forecasts for subscribers. This global databook contains high-level insights into Global bionic ear market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global bionic ear market size, by region, 2018-2030 (US$M)
Top 10 countries: Bionic ear market size, 2023 (US$M)
Global bionic ear market share, by end-users, 2023 & 2030 (%, US$M)
Bionic ear market: Opportunity assessment by country
Global bionic ear market, by region, 2023 (US$M)
Related statistics
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