Dallas,TX (PRWEB) January 23, 2015
One of the major trends upcoming in cochlear implants market is the increase in the number of product launches and approvals. Moreover increasing product extensions and an increase in M&A among existing market leaders are some of the factors currently intensifying market competition.
According to the report, one of the factors driving the market is the increase in the customization of cochlear implant devices. Most of the leading cochlear implant device manufacturers have been customizing their product lines to appeal more to consumers and as a result help them to stay ahead of the competition.
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Further, the report states that one of the major challenges faced by the market is the high cost of cochlear implant devices. Various end users do not have the budget to capitalize on expensive cochlear implant device procedures.
The report recognizes the following companies as the key players in the Cochlear Implants Market in the US are Cochlear Ltd., MED EL GmbH, Sonova Holding AG and William Demant Holding (WDH) A/S.
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List of Exhibits
Exhibit 1: Market Research Methodology
Exhibit 2: Cochlear Implants Market in the US 2014-2019 (US$ million)
Exhibit 3: Segmentation of Cochlear Implants Market in the US by Vendor 2014
Exhibit 4: Cochlear Ltd.’s Cochlear Implant System Sales (unit)
Exhibit 5: Cochlear Ltd.’s Cochlear Implant Sales (US$ million)
Exhibit 6: Cochlear Ltd.’s R&D Expenditure (US$ million)
Exhibit 7: Sonova Holding YoY Sales Comparison 2009-2014 (US$ million)
Exhibit 8: Sonova Sales by Product Groups 2013/2014 (in Percentage)
Exhibit 9: William Demant Group YoY Sales Comparison 2009-2012 (US$ million)
Exhibit 10: William Demant Group Revenue by Business Activity
Exhibit 11: Cochlear: Business Segmentation by Revenue 2013
Exhibit 12: Cochlear: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 13: MED-EL: Business Segmentation
Exhibit 14: MED-EL: Geographical Segmentation by Revenue 2013
Exhibit 15: Sonova: Business Segmentation by Revenue 2013
Other Report on Medical Devices Market
Global Portable Medical Devices Market 2015-2019
The use of wireless technologies is a major trend emerging in the market. In addition, innovation and advances in technologies to meet connectivity mobility and portability needs have resulted in the invention of the next generation of devices that can charge themselves using atmospheric O2.
Key players in the Global Portable Medical Devices Market are Abbott Laboratories, Covidien Plc, GE Healthcare, Medtronic Inc., Omron Healthcare, Philips Healthcare, Roche Diagnostics and Siemens Healthcare. Other Prominent Vendors in the market are Animas, B. Braun Melsungen, CareFusion, LifeScan, Mindray and Smiths Medical.
Global Elderly and Disabled Assistive Market 2015-2019
One key trend in this market is increased usage of cochlear implants over conventional hearing aids. Cochlear implant devices offer benefits such as increased audibility, digital feedback reduction and digital noise reduction.
Key players in the Global Elderly and Disabled Assistive Market are Invacare Corp., Sonova Holding AG, Sunrise Medical LLC and William Demant Holding Group. Other Prominent Vendors in the market are Ai Squared, Bausch & Lomb, Blue Chip Medical Products, Cobalt Systems, ConvaTec, Coloplast, Drive Medical Design and Manufacturing, DynaVox, Freedom Scientific, Hollister, Otto Bock HealthCare and Siemens Healthcare.
Global Audiological Devices Market 2015-2019
Untapped growth opportunities in emerging markets of the APAC region is one of the major trends expected to propel the growth of the market. Countries such as China and India in the APAC region have a substantial potential for growth because of the presence of a large aging population high prevalence of deafness and developing medical healthcare infrastructure.
Key players in the Global Audiological Devices Market are Cochlear Ltd., Siemens Healthcare, Sonova Holdings AG, Starkey Hearing Technologies, Widex A/S and William Demant Holdings A/S. Other Prominent Vendors in the market are Beltone, Bernafon, GN ReSound Group and SeboTek Hearing Systems.
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