Reportstack has announced that The US is dominating 40 percent of the Global Cochlear Implants Market for the forecast period 2014-2018. Closely following the US is Germany and Japan, which are also witnessing an increasing incidence of patients suffering from hearing problems and witnessing the emergence of new regional suppliers, catering to a vast audience.
In terms of volume, the market is growing at a low percentage rate. However, further extension of diagnostic indications, new surgical products that preserve residual hearing and new government programs in some emerging markets will drive the growth of this market in the coming years. In the emerging economies, China will present huge opportunities for growth as well as threat from increasing influence of regional players challenging the might’s of companies like Cochlear, MED-EL, Sonova, Neurelec.
To determine the scenario for these vendors in the next 3-4 years, analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance. For further details please visit http://www.reportstack.com/product/148273/global-cochlear-implants-market-2014-2018.html
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