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Some of the key players operating in this market are William Demant Holding A / S , Cochlear Ltd ., MED- EL , Gaes Group , Sonova Holding AG , SeboTek Hearing Systems , LLC , Nurotron Biotechnology Co . Ltd , Audina Hearing Instruments , Inc . and GN Store Nord A / S . These companies are highly focused on continuous innovation in technology to produce more sophisticated implants . For instance , in 2016 , Cochlear announced the commercial availability of two new bone conduction sound processors , Cochlear Baha 5 and Baha 5 superpower .
Key Findings of the Research Study : �
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Unilateral implants held the largest share of the global market in 2016 , as the cost of unilateral procedure is low . Adults segment dominated the global market in 2016 and is projected to continue its lead during the forecast period . Pediatrics segment is poised to grow at the highest growth rate during the forecast period , due to the proven benefits of bilateral implantations in children along with favorable reimbursement policies for implantations in children . European market was the largest in 2016 as a result of large patient pool and improving reimbursement policies . In UK , adults and children who fulfill the criteria are eligible for cochlear implantation free of cost under the National Health Service ( NHS ). Asia-Pacific is projected to be the fastest growing region during the forecast period , primarily due to high patient population , growing awareness about the early implantations , and rising disposable income of people .
Inquire more about this report at : http :// www . crystalmarketresearch . com / send-an-enquiry / HC052 Cochlear Implants Market Segmentation : By Fitting Type :
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Bilateral Implantation Unilateral Implantation
By End User :
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Pediatrics Adults