Market Overview:
The global auditory brainstem implant market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of hearing loss, technological advancements in auditory brainstem implants, and rising awareness about the benefits of auditory brainstem implants. The global auditory brainstem implant market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into microphone, decoding chip, and electrodes. The microphone segment accounted for a major share of the global auditory brainstem implant market in 2017 owing to its ability to capture sound signals and convert them into electrical signals that are transmitted to the decoding chip.
Product Definition:
An auditory brainstem implant (ABI) is a device that provides a sense of sound to people who are deaf or have very severe hearing loss. It is a small, electronic device that is surgically implanted into the cochlea, the small, snail-shaped bone in the inner ear. The implant bypasses damaged parts of the inner ear and sends electrical signals directly to the brain. These signals are interpreted by the brain as sound.
Microphone:
Microphone is an electronic device used for converting sound into electric signals. It consists of a diaphragm, a coil, and a capacitor which convert the acoustic energy into electrical signals. The microphone market is driven by factors such as increasing use in telecommunication applications due to its ability to improve the audio quality of speech and voice recognition software used in smartphones.
Decoding Chip:
Decoding chip and it's usage in Auditory Brainstem Implant market is a new technology that helps the patients suffering from speech impairment. The device works by converting sound waves into digital signals which are then decoded back to sound using a processor. This process helps in improving the clarity of speech produced by the patient.
The global Decoding Chip and it's usage in Auditory Brainstem Implant market size was valued at USD 4,75 million in 2016.
Application Insights:
The adult segment held the largest share of over 70.0% in 2017. The application of auditory brainstem implant devices in adults is considered a last resort when other therapies fail to help patients with tinnitus or hearing loss. These devices are primarily used for the treatment of severe hearing impairment, which cannot be repaired with conventional hearing aids. However, these implants are also being studied as an alternative to cochlear implants in children as they have fewer side effects and better outcomes than traditional surgeries do.
The pediatric segment is expected to exhibit the fastest growth rate during forecast years owing to rising usage rates of ABD among infants and young children suffering from noise-induced hearing loss or tinnitus since these procedures can help them hear sounds again without any surgery or medical intervention required by them later on in life if they continue having problems Hearing normally after their early childhood years, many times this leads parents.
Regional Analysis:
North America dominated the global auditory brainstem implant market in 2017. This can be attributed to favorable reimbursement policies, increasing prevalence of deafness and growing awareness about these implants. In addition, high adoption of cochlear implants for treatment of hearing impairment is also expected to drive the demand for AUDBIM's in this region.
Asia Pacific is expected to grow at a lucrative rate over the forecast period owing to factors such as improving healthcare infrastructure and rising patient awareness levels regarding audiology devices & procedures leading towards improved diagnosis & treatment options for hearing impairment resulting into higher adoption rates over AUDBIM’s worldwide.
Growth Factors:
- Increasing prevalence of hearing loss: The global prevalence of hearing loss is increasing with the increase in aging population. This will drive the demand for auditory brainstem implants as a treatment option.
- Growing awareness about benefits of auditory brainstem implants: There is growing awareness among people about the benefits of using auditory brainstem implants as a treatment for hearing loss. This will drive the demand for these devices in coming years.
- Technological advancements: The technological advancements in implantable devices will help to improve the performance and quality of life for patients with hearing impairment who receive an auditory brainstem implant device. This will boost the growth prospects of this market in coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Auditory Brainstem Implant Market Research Report
By Type
Microphone, Decoding Chip, Electrodes
By Application
Adults, Pediatric
By Companies
Cochlear Limited, Med-EL, Oticon Medical, Nurotron’s Biotechnology Co. Ltd., Sonova Holding AG
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global Auditory Brainstem Implant Market Report Segments:
The global Auditory Brainstem Implant market is segmented on the basis of:
Types
Microphone, Decoding Chip, Electrodes
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Adults, Pediatric
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cochlear Limited
- Med-EL
- Oticon Medical
- Nurotron’s Biotechnology Co. Ltd.
- Sonova Holding AG
Highlights of The Auditory Brainstem Implant Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Microphone
- Decoding Chip
- Electrodes
- By Application:
- Adults
- Pediatric
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Auditory Brainstem Implant Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An auditory brainstem implant is a device that helps people with hearing loss to hear better. It works by sending sound directly into the person's brain, bypassing the ears. This can help people who have difficulty understanding speech or who are deaf to regain some of their hearing abilities.
Some of the major players in the auditory brainstem implant market are Cochlear Limited, Med-EL, Oticon Medical, Nurotron¢â‚¬â„¢s Biotechnology Co. Ltd., Sonova Holding AG.
The auditory brainstem implant market is expected to grow at a compound annual growth rate of 7.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Auditory Brainstem Implant Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Auditory Brainstem Implant Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Auditory Brainstem Implant Market - Supply Chain
4.5. Global Auditory Brainstem Implant Market Forecast
4.5.1. Auditory Brainstem Implant Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Auditory Brainstem Implant Market Size (000 Units) and Y-o-Y Growth
4.5.3. Auditory Brainstem Implant Market Absolute $ Opportunity
5. Global Auditory Brainstem Implant Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Auditory Brainstem Implant Market Size and Volume Forecast by Type
5.3.1. Microphone
5.3.2. Decoding Chip
5.3.3. Electrodes
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Auditory Brainstem Implant Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Auditory Brainstem Implant Market Size and Volume Forecast by Application
6.3.1. Adults
6.3.2. Pediatric
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Auditory Brainstem Implant Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Auditory Brainstem Implant Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Auditory Brainstem Implant Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Auditory Brainstem Implant Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Auditory Brainstem Implant Demand Share Forecast, 2019-2026
9. North America Auditory Brainstem Implant Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Auditory Brainstem Implant Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Auditory Brainstem Implant Market Size and Volume Forecast by Application
9.4.1. Adults
9.4.2. Pediatric
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Auditory Brainstem Implant Market Size and Volume Forecast by Type
9.7.1. Microphone
9.7.2. Decoding Chip
9.7.3. Electrodes
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Auditory Brainstem Implant Demand Share Forecast, 2019-2026
10. Latin America Auditory Brainstem Implant Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Auditory Brainstem Implant Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Auditory Brainstem Implant Market Size and Volume Forecast by Application
10.4.1. Adults
10.4.2. Pediatric
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Auditory Brainstem Implant Market Size and Volume Forecast by Type
10.7.1. Microphone
10.7.2. Decoding Chip
10.7.3. Electrodes
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Auditory Brainstem Implant Demand Share Forecast, 2019-2026
11. Europe Auditory Brainstem Implant Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Auditory Brainstem Implant Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Auditory Brainstem Implant Market Size and Volume Forecast by Application
11.4.1. Adults
11.4.2. Pediatric
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Auditory Brainstem Implant Market Size and Volume Forecast by Type
11.7.1. Microphone
11.7.2. Decoding Chip
11.7.3. Electrodes
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Auditory Brainstem Implant Demand Share, 2019-2026
12. Asia Pacific Auditory Brainstem Implant Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Auditory Brainstem Implant Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Auditory Brainstem Implant Market Size and Volume Forecast by Application
12.4.1. Adults
12.4.2. Pediatric
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Auditory Brainstem Implant Market Size and Volume Forecast by Type
12.7.1. Microphone
12.7.2. Decoding Chip
12.7.3. Electrodes
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Auditory Brainstem Implant Demand Share, 2019-2026
13. Middle East & Africa Auditory Brainstem Implant Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Auditory Brainstem Implant Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Auditory Brainstem Implant Market Size and Volume Forecast by Application
13.4.1. Adults
13.4.2. Pediatric
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Auditory Brainstem Implant Market Size and Volume Forecast by Type
13.7.1. Microphone
13.7.2. Decoding Chip
13.7.3. Electrodes
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Auditory Brainstem Implant Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Auditory Brainstem Implant Market: Market Share Analysis
14.2. Auditory Brainstem Implant Distributors and Customers
14.3. Auditory Brainstem Implant Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Cochlear Limited
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Med-EL
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Oticon Medical
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nurotrons Biotechnology Co. Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sonova Holding AG
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
