Japan Cochlear Implant Market Size & Outlook, 2023-2030
Japan cochlear implant market, 2018-2030 (US$M)
Related Markets
Japan cochlear implant market highlights
- The Japan cochlear implant market generated a revenue of USD 107.6 million in 2023 and is expected to reach USD 193.2 million by 2030.
- The Japan market is expected to grow at a CAGR of 8.7% 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 107.6 million |
| Market revenue in 2030 | USD 193.2 million |
| Growth rate | 8.7% (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, Japan accounted for 6.4% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Cochlear Implant Market Scope
Cochlear Implant Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Japan 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 88.48% in 2023. Horizon Databook has segmented the Japan cochlear implant market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
The growing geriatric population with hearing loss is one of the key drivers contributing to market growth. In 2023, senior citizens account for about 29.1% of the 125 million population and over 13% of its labor force.
In 2023, Japan is considered to have the oldest population in the world, and by 2040, over 34.8% of the country’s population is projected to be 65 years and older. These factors are contributing to the significant share held by Japan in Asia Pacific.
Moreover, Japan’s healthcare system provided universal coverage to 98.3% population in 2020. In addition, around 14% of the population with hearing impairment do not use hearing aids, making them vulnerable. This creates an opportunity for manufacturers and providers to increase awareness among people.
Reasons to subscribe to Japan cochlear implant market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Japan cochlear implant market databook
-
Our clientele includes a mix of cochlear implant market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
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 Japan cochlear implant market , including forecasts for subscribers. This country databook contains high-level insights into Japan cochlear implant market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Japan cochlear implant market outlook size, by end use, 2018-2030 (US$M)
Japan Cochlear Implant Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
