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24 Market Reports study shows that, the global cochlear implants market is expected to reach US$ 4,124.1 Mn in 2027 from US$ 1,510.9 Mn in 2018. The market is estimated to grow with a CAGR of 11.9% from 2019-2027
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Cochlear Implants Market is estimated to grow with a CAGR of 11.9% from 2019-2027 Published on: 10 July 2019 help@24marketreports.com | +1(646)-781-7170 (Int'l) | +91 8087042414 (Asia)
Cochlear Implants • The market is driven by factors such as, growing the geriatric population, increase in the number of patients suffering from hearing loss, and increasing R&D expenditures in medical device companies. However, the restraining factors for the market are the high cost of cochlear implants and side effects associated with the cochlear surgery. • Hearing loss is on the rise. Unless this trend is reversed, it will mean higher direct costs for health systems. The need will grow for ear and hearing care services and related technologies, such as hearing devices, cochlear implants, and others. If these needs are not met, this would be detrimental not only for individuals in terms of social isolation and increased poverty but also for societies as a whole, due to lower productivity.
Global Cochlear Implants Market Insights, Forecast to 2025 Cochlear Implants Market Value CAGR of 11.9% (2019 – 2027)
Table of Contents 1.1 SCOPE OF THE STUDY 1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 1.3 MARKET SEGMENTATION 1.3.1 Global Cochlear implants Market - By Type of Fitting 1.3.2 Global Cochlear implants Market - By End User 1.3.3 Global Cochlear implants Market - By Geography 2. GLOBAL COCHLEAR IMPLANTS MARKET - KEY TAKEAWAYS 3. RESEARCH METHODOLOGY 3.1 COVERAGE
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