Artificial Cochlea Market Growing at Steady CAGR to 2026

Artificial Cochlea Market To Receive Overwhelming
Hike In Revenues By 2026
Artificial Cochlea Market, by Product Type (Unilateral Implantation
and Bilateral Implantation), by Channel Type (Single Channel and
Multi-Channel), by End User (Hospitals, Clinics, and Ambulatory
Surgical Centers), and by Geography - Size, Share, Outlook and
Opportunity Analysis 2018 - 2026
Coherent Market Insights added Latest Research Report titled " Artificial Cochlea Market, by
Product Type (Unilateral Implantation and Bilateral Implantation), by Channel Type (Single Channel
and Multi-Channel), by End User (Hospitals, Clinics, and Ambulatory Surgical Centers), and by
Geography - Size, Share, Outlook and Opportunity Analysis 2018 - 2026 " to its Large Report database.
Hearing loss is impairment of hearing and its severity may vary from mild to severe and in general
hearing loss may be conductive, sensorineural or mixed. Sensorineural hearing loss or nerve deafness is
a type of hearing loss, which results from problems with the inner ear, related to the cochlea, eighth
cranial nerve, internal auditory canal, or brain.
Cochlear implantation is proven and established treatment for the restoration of speech perception and
communication in people suffering from hearing disability and the provision of hearing people born
deaf. The FDA first approved cochlear implants in the mid-1980s to treat hearing loss in adults. Since
2000, cochlear implants have been FDA approved for use in eligible children aging above 12 months.
Furthermore, in January 2018, a study published by the Max Planck Institute for Human Cognitive and
Brain Sciences (MPI CBS) and the University Medical Centre Dresden revealed that deaf children with
a cochlear implant learn words faster than those with normal hearing. The reason for this finding states
that, in deaf children, hearing learn aspects of language only starts at the time of their cochlear
replacement, at the age of around one to four years. By this time certain brain structures necessary for
language acquisition are already well developed. Moreover, upcoming studies will be focused on why
some of the affected children struggle to reach the level of their contemporaries with normal hearing.
Such extensive research for understanding hearing loss and increasing number of people suffering from
these conditions area expected to offer lucrative opportunity for growth of artificial cochlea market
over the forecast period.
A cochlear implant device is an electronic instrument, part of which is implanted surgically inside
patient’s ear to stimulate auditory nerve fibers and part of which is worn or carried by the individual to
capture, analyze, and code sound. Cochlear implant usually consist of two main systems: one is the
externally worn microphone, sound processor and transmitter system, and the second is the implanted
receiver and electrode system, which contains the electronic circuits that receive signals from the
external system and send electrical currents to the inner ear. Recent artificial cochlear have a magnet,
which holds the external system in place next to the implanted internal system. The external system
may be worn entirely behind the ear or its parts may be worn in a pocket, belt pouch, or harness.
Artificial Cochlea Market – Drivers
Increasing technological advancement in the cochlear implant is offering wide variety of solutions to
meet the need of patients with hearing aids or cochlear implant processors. Various cochlear implant
technology and services evolved and improved during the inception of cochlear impact includes dual
microphone directional technology, improved signal processing to improve speech understanding,
integration of wireless hearing assistance technology, electroacoustic stimulation, bilateral cochlear
implantation, and automatic acoustic scene classification.
Furthermore, increasing incidence and prevalence of hearing loss and nerve deafness, worldwide
combined with growing adaptation of artificial cochlea is expected to drive growth of artificial cochlea
market in near future. For instance, according to the JAMA Journal: January 2016; more than 500
million people worldwide have hearing loss. Moreover, more than 60 million have severe hearing loss.
According to National Institutes of Health (NIH), October 2010 data sheet, nearly 188,000 individuals,
worldwide are fitted with cochlear implant and more than 41,000 adults and nearly 26,000 children in
U.S. have one cochlear impact. Moreover, according to National Institute of Deafness and Other
Communication Disorders (NIDCD) data findings, March 2017, around 15% of American adults (37.5
million) aged 18 and over report some trouble in hearing.
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Artificial Cochlea Market – Competitor
Some of the key players operating in this market include Cochlear Ltd., MED-EL, Sonova Holding
AG, and Advanced Bionics AG.
Artificial Cochlea Market – Taxonomy
By Product Type
•Unilateral implantation
•Bilateral implantation
By Channel Type
•Single Channel
•Multi-Channel
By End User:
•Hospitals
•Clinics
•Ambulatory Surgical Centers
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Hearing loss is impairment of hearing and its severity may vary from mild to severe and in general hearing loss may be conductive, sensorineural or mixed. Sensorineural hearing loss or nerve deafness is a type of hearing loss, which results from problems with the inner ear, related to the cochlea, eighth cranial nerve, internal auditory canal, or brain.