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North America Cochlear Implants Market Demand Till 2030

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Michael Jaikishan
North America Cochlear Implants Market Demand Till 2030

cochlear implant (CI) is a medical device that uses electricity to stimulate the auditory nerve's spiral ganglion cells, restoring sensorineural hearing loss. This device's purpose is to convert sound into an electrical signal and deliver it to the hearing nerve, bypassing the damaged hearing apparatus.


According to a study published in JAMA Network in June 2021 titled "Association of Age-Related Hearing Impairment with Physical Functioning Among Community-Dwelling Older Adults in the US," 973 (33%) of the 2,956 older people in the United States who participated in the population-based cohort study had normal hearing, 1,170 (40%) had mild hearing impairment, 692 (23%) had moderate hearing impairment, and 121 (4%) had severe hearing impairment. As a result, the demand for cochlear implants is expected to rise in tandem with the ageing population. Furthermore, hearing loss or difficulty hearing is a common issue among the elderly.


Data Bridge Market Research analyses that the cochlear implants market which is USD 812.57 million in 2022, is expected to reach USD 2139.91 million by 2030, at a CAGR of 11.4% during the forecast period 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.


Read Full Report Summary @ https://www.databridgemarketresearch.com/reports/north-america-cochlear-implants-market


The countries covered in the cochlear implants market report are U.S., Canada and Mexico in North America.


North America region is growing because of the large population, the cochlear implants market dominates in the United States, and the equal right to medical care has resulted in a significantly developed healthcare infrastructure with modern facilities.


Some of the major players operating in the cochlear implants market are:

Cochlear Ltd (Australia)

MED-EL Medical Electronics (India)

Advanced Bionics AG (Switzerland)

Medtronic (U.S.)

Oticon (Denmark)

Zhejiang Nurotron Biotechnology Co., Ltd (China)

Widex A/S (Denmark)


Related Reports:

Cochlear Implants Market https://www.databridgemarketresearch.com/reports/global-cochlear-implants-market

Latin America Cochlear Implants Market https://www.databridgemarketresearch.com/reports/latin-america-cochlear-implants-market

Asia-Pacific Cochlear Implants Market https://www.databridgemarketresearch.com/reports/asia-pacific-cochlear-implants-market

Europe Cochlear Implants Market https://www.databridgemarketresearch.com/reports/europe-cochlear-implants-market

Middle East and Africa Cochlear Implants Market https://www.databridgemarketresearch.com/reports/middle-east-and-africa-cochlear-implants-market


About Data Bridge Market Research, Private Ltd


Data Bridge Market Research Pvt Ltd is a multinational management consulting firm with offices in India and Canada. As an innovative and neoteric market analysis and advisory company with unmatched durability level and advanced approaches. We are committed to uncover the best consumer prospects and to foster useful knowledge for your company to succeed in the market.


Data Bridge Market Research is a result of sheer wisdom and practice that was conceived and built-in Pune in the year 2015. The company came into existence from the healthcare department with far fewer employees intending to cover the whole market while providing the best class analysis. Later, the company widened its departments, as well as expands their reach by opening a new office in Gurugram location in the year 2018, where a team of highly qualified personnel joins hands for the growth of the company. “Even in the tough times of COVID-19 where the Virus slowed down everything around the world, the dedicated Team of Data Bridge Market Research worked round the clock to provide quality and support to our client base, which also tells about the excellence in our sleeve.”


Contact:

Data Bridge Market Research

US: +1 888 387 2818

UK: +44 208 089 1725

Hong Kong: +852 8192 7475

[email protected]


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