Hearing Implants Market Size by Segments, Share, Regulatory, Reimbursement, Procedures and Forecast to 2033

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Hearing Implants Market Report Overview

The hearing implants market size was valued at $1.64 billion in 2023. The hearing implants market will grow at a CAGR of more than 3% from 2023 to 2033. Hearing loss is a medical condition wherein a person cannot hear the normal hearing thresholds of 25 dB or better in both ears. Hearing loss can be mild, moderate, severe, or profound and can affect one or both ears. Hard of hearing refers to people with hearing loss ranging from mild to severe. Hearing implants are used to cure these hearing loss issues.

Hearing Implants Market Outlook 2023-2033 ($ Billion)

Hearing Implants Market Outlook 2023-2033 ($ Billion)
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The hearing implants market research report gives an overview of consumer behavior that will help understand key market trends within ENT devices therapeutic areas. The report has extensively covered regional-wise quantitative data, highlighting the number of hearing implants across labs, which will help in identifying untapped market opportunities. The hearing implants market model also discusses the detailed impact of COVID-19 on the hearing implants market for 2020 and beyond.

Market Size (2023) $1.64 billion
CAGR (2023-2033) >3%
Historic Period 2015-2023
Forecast Period 2023-2033
Key Segments
  • Auditory Brainstem Implants
  • Bone Anchored Hearing Implants
  • Cochlear Implants
  • Middle Ear Implants
Key Regions
  • Asia-Pacific
  • Europe
  • Middle East and Africa
  • North America
  • South and Central America
Key Companies
  • Cochlear Ltd
  • Advanced Bionics LLC
  • MED-EL Elektromedizinische Gerate Gesellschaft mbH
  • Oticon Medical AB
  • Envoy Medical Corp
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Hearing Implants Market Dynamics

The market is expected to continue growing in the future owing to the increasing prevalence of hearing loss with the surging number of aging population. Improvement in the quality of the implants with minimally invasive procedure technology for better insertion will encourage patients to opt for implant surgeries. The rising number of skilled professionals and less postoperative and hospital stays can drive the market ahead.

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Hearing Implants Market Segments

The key segments in the hearing implants market are auditory brainstem implants, bone anchored hearing implants, cochlear implants, and middle ear implants. In 2023, the cochlear implants segment led the hearing implants market share.  The segment is anticipated to drive the market’s growth during the projected period.

Hearing Implants Market Analysis by Segments, 2023 (%)

Hearing Implants Market Analysis by Segments, 2023 (%)
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Hearing Implants Market Segmentation by Regions

The key regions in the hearing implants market are Asia-Pacific, Europe, the Middle East and Africa, North America, and South and Central America. In 2023, North America was the leading regional market.

In North America, the US accounts for the highest market share for hearing implant devices. The primary factors for the growth of the market include an increasing aging population with chronic diseases and swift changing of lifestyles. The market is expected to grow continuously during the forecast period. However, cost-containment may impact the adoption of premium-priced devices and technologies, which might slow down the market.

Hearing Implants Market Analysis by Regions, 2023 (%)

Hearing Implants Market Analysis by Regions, 2023 (%)
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Hearing Implants Market – Competitive Landscape

The key companies in the hearing implants market are Cochlear Ltd, Advanced Bionics LLC, MED-EL Elektromedizinische Gerate Gesellschaft mbH, Oticon Medical AB, and Envoy Medical Corp among others. In 2023, Cochlear Ltd accounted for the highest hearing implants market share and value.

Hearing Implants Market Analysis by Companies, 2023 (%)

Hearing Implants Market Analysis by Companies, 2023 (%)
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Segments Covered in this Report.

Hearing Implants Segment Outlook ($ Million, 2015-2033)

  • Auditory Brainstem Implants
  • Bone Anchored Hearing Implants
  • Cochlear Implants
  • Middle Ear Implants

Hearing Implants Regional Outlook ($ Million, 2015-2033)

  • Asia-Pacific
  • Europe
  • Middle East and Africa
  • North America
  • South and Central America

Key Inclusions of the market model are:

Currently marketed hearing implants market and evolving competitive landscape:

  • Insightful review of the key industry trends.
  • Annualized total hearing implants market revenue by segment and market outlooks from 2015-2033.
  • Market-level data on units, average selling prices, and market values.

Global, Regional, and Country level market specific insights:

  • Qualitative market-specific information is available with global trends further broken down into regional trends. In addition, GlobalData analysts provide unique country-specific insights on the market.
  • SWOT analysis for the Hearing implants market.
  • Competitive dynamics insights and trends provided for the hearing implants market.

Get an in-depth understanding of consumer behavior through the market access segment and the overview of the healthcare system. The report also offers information on reimbursement policies and the regulatory landscape.

  • Country-specific overview of the healthcare system.
  • Country-specific reimbursement policies.
  • Country-specific medtech regulatory landscape.

Robust methodologies and sources enable the model to provide an extensive and accurate overview of the market. Demand and supply-side primary sources are integrated within the syndicated models, including Key Opinion Leaders. In addition, the report helps determine market trends through real-world data sources including government procedure databases, hospital purchasing databases, and proprietary online databases.

Companies covered: Cochlear Ltd, Sonova Holding AG, MED-EL Elektromedizinische Gerate Gesellschaft mbH, Demant A/S, Envoy Medical Corp, and Others.

Countries covered: United States, United Kingdom, Germany, France, Italy, Spain, Brazil, China, India, Russia, Japan, Australia, Canada, Mexico, South Korea, Denmark, Ireland, Netherlands, New Zealand, South Africa, Sweden, Switzerland, Austria, Belgium, Finland, Israel, Norway, Poland, Portugal, Taiwan, Czech Republic, Greece, Hungary, Turkey, Egypt, Saudi Arabia, United Arab Emirates, Argentina, and Chile.


This Market Model gives important, expert insight you won’t find in any other source. The model illustrates qualitative and quantitative trends within the specified market. The model will benefit the following stakeholders:

  • CMO executives who must have a deep understanding of the hearing implants marketplace to make strategic planning and investment decisions.
  • Sourcing and procurement executives must understand crucial components of the supply base in order to make decisions about supplier selection and management.
  • Private equity investors that need a deeper understanding of the market to identify and value potential investment targets.

Reasons to Buy

  • Understand the impact of COVID-19 on hearing implants.
  • Develop and design your in-licensing and out-licensing strategies through a review of pipeline products and technologies, and by identifying the companies with the most robust pipeline.
  • Develop business strategies by understanding the trends shaping and driving hearing implants.
  • Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the hearing implants market in the future.
  • Formulate effective sales and marketing strategies by understanding the competitive landscape and by analyzing the company’s share of market leaders.
  • Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
  • Track device sales in the global and country-specific hearing implants market from 2015-2033.
  • Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments, and strategic partnerships.

Cochlear Ltd
Sonova Holding AG
MED-EL Elektromedizinische Gerate Gesellschaft mbH
Demant A/S
Envoy Medical Corp

Frequently asked questions

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