Middle Ear Implants Market - Industry Analysis, Size, Share, Growth, Trends and Forecast to 2025

MIDDLE EAR IMPLANTS MARKET
Global Industry Insights, Trends, Outlook, and
Opportunity Analysis, 2016-2024
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REPORT DESCRIPTION
Middle Ear Implants Market Overview
Middle implant ear is a small device inserted into the middle ear and coupled to ossicles. Middle
ear implants are devices designed for those who suffer mild- moderate mix or sensorineural
hearing loss and conductive hearing loss. Middle ear implant is an advanced technology for the
conventional use of hearing aid. A middle ear implant is recommended for people suffering from
earmould allergies, skin problems, ear infections, collapsed or closed ear canals, etc. It can also
serve as an alternative to bone anchored hearing aid. The difference between middle ear
implant and other hearing aid is that it do not require a speaker. Middle ear implant transmits
sound to the middle ear through the microphone placed behind the ear. The microphone
converts sound to mechanical vibration and is sent to floating mass transducer placed in the
middle ear.
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Middle ear implants are broadly classified as piezoelectric and electromagnetic. Piezoelectric
products uses piezoelectric crystal, applied electric charge cause crystals to bend and the bend
crystal generates electric charge that causes inner ear bones to vibrate. Electromagnetic product
uses external microphone and send the signal through the coil and converts to magnetic field.
Piezoelectric middle ear implant is expected to contribute major share to the overall middle ear
implants industry. On the basis of type of hearing loss, market is segmented into conductive,
sensorineural, and mixed.
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REPORT DESCRIPTION
Increasing Government Support in Developed Regions to Address Growing Prevalence of Hearing Loss
to Augment Growth of Middle Ear Implants Market
Increasing concerns related to hearing loss is expected to drive growth of the market in middle ear
implants. As per a WHO report, as of 2012, around 360 million people worldwide suffered from hearing
loss, which accounts for around 5.3% of the world population. Out of the total hearing loss patient
population, 91% were adults with children accounting for the rest. The increasing cases of hearing loss
due to exposure to loud noise, trauma, viral infections, increasing geriatric population, and rising
incidence of malformation of inner ear are expected to drive growth of the overall middle ear implants
industry. Increasing government regulations for early screening, diagnosis and treatment of hearing
problems further augments growth of the middle ear implant market. In the U.S., Medicaid regulates
one such program called the Early and Periodic Screening, Diagnosis and Treatment (EPSDT) Program.
EPSDT is mandated for children from birth to till age 21, which provides beneficiaries for early screening,
diagnosis and treatment of hearing aid. In Canada, hearing loss is covered under ICD-9 389.1
(Sensorineural Hearing Loss), 389.0 (Conductive Hearing Loss)—an initiative by various governmental
and non-governmental organizations to spread awareness about early treatment on hearing loss. This
creates a highly conducive environment for growth of the global middle ear implants market. On
February 6, 2016, Public Affairs & Campaigns of the U.K. initiated a campaign to protect audiology
services. On February 25, 2015, WHO started “Make Listening Safe Initiative” to mark March 3, 2015 as
Ear care day to draw focus towards danger of unsafe listening, promote safe practices and early
treatment. Increasing urbanization and development are one of the major factors to drive middle ear
implants industry. Despite impetus to market growth from increasing number of cases of hearing loss
being reported worldwide, the availability of alternative treatments such as Bone-anchored devices and
Cochlear implants are expected to hinder growth of the market.
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REPORT DESCRIPTION
North America and Europe are expected to hold maximum share of overall market, owing to
growing disposable income and easy availability of middle ear implant device in these regions.
On the other hand, Asia Pacific is projected to provide highly lucrative opportunities for market
growth due to increasing geriatric population and growing number of cases of hearing loss
reported each year.
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Major middle ear implant products in the market:
Esteem Hearing Implant (Envoy Medical), MAXUM Hearing Implant (Ototronix), cochlear
implant (CI) system (MED-EL Corporation), Ossicular (middle ear) implant (Medtronic)
Major Players in the middle ear implants market
Major players involved in the middle ear implants market include Envoy Medical, Ototronix,
MED-EL Corporation, Medtronic, CENTILLION and Cochlear.
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Middle implant ear is a small device inserted into the middle ear and coupled to ossicles. Middle ear implants are devices designed for those who suffer mild- moderate mix or sensorineural hearing loss and conductive hearing loss. Middle ear implant is an advanced technology for the conventional use of hearing aid. A middle ear implant is recommended for people suffering from earmould allergies, skin problems, ear infections, collapsed or closed ear canals, etc. It can also serve as an alternative to bone anchored hearing aid. The difference between middle ear implant and other hearing aid is that it do not require a speaker. Middle ear implant transmits sound to the middle ear through the microphone placed behind the ear. The microphone converts sound to mechanical vibration and is sent to floating mass transducer placed in the middle ear. Request Sample Copy of the Business Report: https://www.coherentmarketinsights.com/insight/request-sample/137