China Cochlear Implant Market Size & Outlook, 2023-2030
China cochlear implant market, 2018-2030 (US$M)
Related Markets
China cochlear implant market highlights
- The China cochlear implant market generated a revenue of USD 87.6 million in 2023 and is expected to reach USD 185.3 million by 2030.
- The China market is expected to grow at a CAGR of 11.3% from 2024 to 2030.
- In terms of segment, outpatient facilities was the largest revenue generating end use in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
Cochlear implant market data book summary
| Market revenue in 2023 | USD 87.6 million |
| Market revenue in 2030 | USD 185.3 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HOSPITALS, OUTPATIENT FACILITIES |
| Key market players worldwide | Cochlear Ltd, Sonova Holding AG, Demant A/S, Amplifon SpA Az nom Post Frazionamento, MED-EL, Zhejiang Pushkang Biotechnology Co. |
Other key industry trends
- In terms of revenue, China accounted for 5.2% of the global cochlear implant market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Japan cochlear implant market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 185.3 million by 2030.
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Cochlear Implant Market Scope
Cochlear Implant Market Companies
| Name | Profile | # Employees | HQ | Website |
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China 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 88.01% in 2023. Horizon Databook has segmented the China cochlear implant market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
China holds a significant share of the Asia Pacific cochlear implant market and is expected to maintain its dominance during the forecast period. The population of China is aging rapidly. By 2035, an estimated 400 million people in China will be age 60 and over, representing 30% of the population.
The elderly population is more prone to hearing impairments. Hence, China exhibits high growth potential for hearing aids. According to the Second China National Sample Survey on Disability, approximately 85 million people have disabilities. Out of these, around 20.5 million people have hearing impairment, which represents 24.2% population with all disabilities.
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Target buyers of China 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 country-level data and insights on the China cochlear implant market , including forecasts for subscribers. This country databook contains high-level insights into China cochlear implant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China cochlear implant market outlook size, by end use, 2018-2030 (US$M)
China Cochlear Implant Market Outlook Share, 2023 & 2030 (US$M)
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