Medical Health & Life Science Research News

Hearing implants and biomaterials market anticipated to grow to $5.8 billion by 2023 made available by top research firm

Hearing implants and biomaterials market anticipated to grow to $5.8 billion by 2023 made available by top research firm

The worldwide Hearing Implants and biomaterials Market is $1.8 billion in 2017, anticipated to reach $5.8 billion by 2023. The 2017 study has 162 pages, 88 tables and figures. Hearing Implants and Biomaterial markets are poised to achieve significant growth with increasing use of next generation metals, polymers, and ceramics set to enhance the value of hearing surgery and improve surgical outcomes. By improving hearing of people with profound hearing deficits. Improvements is hearing for severely deaf infants, children and adults particularly old people are dramatic.

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Browse 162 pages report at www.reportsnreports.com/reports/11…2017-to-2023.html.

Key Topics : Biomaterials for Hearing Implants, Alpha Titanium Alloys, Near Alpha Titanium Alloys, Alpha-Beta Titanium Alloys, Annealing - Beta Titanium Alloys, Convert sound waves, Stimulates the auditory nerve, Electrical field, Sounds are converted to electrical currents, Profound hearing losses, Improve hearing in people, Stimulate the auditory nerve, Inner ear, Bypass damaged structures, and Profound hearing loss

Companies Profiled

Market Leaders

  • Cochlear
  • Med-EL
  • Sonova Group / Advanced Bionics

Market Participants

  • Nurotron
  • Biotechnology
  • William Demant / Oticon Medical / Neurelec

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Biomaterials for hearing implants depend on components, structural polymers, and electrodes.  Biomaterials have transformed medical treatment of hearing loss. 

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The ear functioning, hearing loss is able to be addressed with functioning repaired via a device implant that leverages biomaterials.

The cochlear implant has become widely recognized as an established treatment for profound hearing loss.  This bodes well for market growth, as there is minimal, less than one percent market penetration now. 

New materials and greater surgeon experience are expected to reduce the cost of the implant, both the device and the procedure. Economies of scale always decrease costs and increase market size. 

The trend likely to continue is for Cochlear implants as medical devices to continue to be used more often.  Implants bypass damaged structures in the inner ear and directly stimulate the auditory nerve.

They are surgically implanted to improve hearing in people with severe or profound hearing losses. They can create a range of sound, but do not replace normal hearing.

Cochlear implants are not indicated for all hard of hearing or deaf people. They are not recommended in people who function well with hearing aids. 

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According to the study, “Cochlear implants extend the medical device markets by enabling a bypass of damaged structures in the inner ear.  They directly stimulate the auditory nerve.

They are surgically implanted to improve hearing in people with severe or profound hearing losses. They can create a range of sound, but do not replace normal hearing.”  

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