A Cochlear Implant (CI) System is a small, complex electronic device that can help to provide a sense of sound to a person who is profoundly deaf or severely hard-of-hearing. The implant consists of an external portion that sits behind the ear and a second portion that is surgically placed under the skin.
In terms of products type, the market is segmented into unilateral implantation and bilateral implantation. In 2016, unilateral implantation dominated the overall cochlear implant market, accounting for over 97% of global market. The dominance of unilateral implantation is majorly due to a higher demand for the product. Unilateral implantation surgery is conducted at a lower cost as compared to bilateral implant. Bilateral implantation is expected to witness the fastest growth during the forecast period. Due to the high technical threshold, the concentration of cochlear implants system market is very high. Cochlear from Australia is a giant player in this market, accounting for almost 60% of global market. Other leading companies are MED-EL, Advanced Bionics (Sonova), Oticon (William Demant), Hangzhou Nurotron and Listent Medical.

Market Analysis and Insights: Global Cochlear Implant (CI) System Market
The global Cochlear Implant (CI) System market was valued at US$ 1946.7 in 2020 and will reach US$ 3264.8 million by the end of 2027, growing at a CAGR of 9.0% during 2022-2027.

Global Cochlear Implant (CI) System Scope and Market Size
The global Cochlear Implant (CI) System market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Cochlear Implant (CI) System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2016-2027.

Segment by Type
Unilateral Cochlear Implant
Binaural Cochlear Implant

Segment by Application
Adult
Pediatric

The Cochlear Implant (CI) System market is analysed and market size information is provided by regions (countries). Segment by Application, the Cochlear Implant (CI) System market is segmented into North America, Europe, China, Japan, Southeast Asia, India and Other Regions.

By Company
Cochlear
MED-EL
Advanced Bionics (Sonova)
Oticon (William Demant)
Hangzhou Nurotron
Listent Medical