Global Cochlear Implant Market Size & Outlook, 2023-2030
Global cochlear implant market, 2018-2030 (US$M)
Related Markets
Global cochlear implant market highlights
- The global cochlear implant market generated a revenue of USD 1,680.9 million in 2023 and is expected to reach USD 3,055.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.9% by 2030.
- In terms of segment, outpatient facilities accounted for a revenue of USD 1,482.2 million in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,680.9 million |
| Market revenue in 2030 | USD 3,055.6 million |
| Growth rate | 8.9% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HOSPITALS, OUTPATIENT FACILITIES |
Other key industry trends
- In terms of revenue, the North America accounted for 32.5% of the global cochlear implant market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 34.0 million by 2030.
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Cochlear Implant Market Scope
Cochlear Implant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global cochlear implant 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 cochlear implant market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 88.18% in 2023. Horizon Databook has segmented the Global cochlear implant market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Cochlear Implant End Use Outlook (Revenue, USD Million, 2018-2030)
- HOSPITALS
- OUTPATIENT FACILITIES
- HOME CARE
- RESEARCH AND MANUFACTURING
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Target buyers of Global cochlear implant market databook
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Our clientele includes a mix of cochlear implant 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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global cochlear implant market , including forecasts for subscribers. This global databook contains high-level insights into Global cochlear implant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global cochlear implant market outlook size, by region, 2018-2030 (US$M)
Top 10 countries: Cochlear implant market size, 2023 (US$M)
Global cochlear implant market share, by end use, 2023 & 2030 (%, US$M)
Cochlear implant market: Opportunity assessment by country
Global cochlear implant market, by region, 2023 (US$M)
Related regional statistics
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