Asia Pacific Cochlear Implant Market Forecast (2014-2023)

Year AUSTRALIA CHINA INDIA JAPAN SOUTH KOREA REST OF ASIA PACIFIC
2014 $ 27.2 $ 76.4 $ 57.2 $ 90.6 $ 21.0 $ 15.5
2015 $ 30.7 $ 86.4 $ 64.7 $ 101.6 $ 23.7 $ 17.5
2016 $ 34.7 $ 97.7 $ 73.3 $ 114.0 $ 26.8 $ 19.8
2017 $ 39.0 $ 109.9 $ 82.6 $ 127.2 $ 30.1 $ 22.2
2018 $ 43.8 $ 123.5 $ 93.0 $ 141.8 $ 33.8 $ 24.9
2019 $ 49.1 $ 138.9 $ 104.7 $ 158.2 $ 38.0 $ 28.0
2020 $ 55.2 $ 156.2 $ 117.9 $ 176.5 $ 42.7 $ 31.4
2021 $ 62.0 $ 175.7 $ 132.8 $ 196.8 $ 48.0 $ 35.2
2022 $ 69.6 $ 197.5 $ 149.6 $ 219.5 $ 53.9 $ 39.6
2023 $ 78.1 $ 222.1 $ 168.4 $ 244.7 $ 60.5 $ 44.4
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Asia Pacific Cochlear Implant Market Forecast (2014-2023)

Synopsis
The above chart is Global Cochlear Implant market [2014-2023] by Asia Pacific

Market Dynamics

Japan accounted for the largest market share in 2016 in the asia pacific cochlear implant market, and is expected to reach usd 244.70 million in 2023 from usd 114.00 million in 2016. however, india is the fastest growing market, which is expected to grow at a cagr of 12.61% during the forecast period 2017 - 2023. cochlear implant system segment accounted for the larger market share in 2016, this market is expected to reach usd 623.90 million in 2023 from usd 281.90 million in 2016. this market is projected to grow at a cagr of 12.02% during the forecast period from 2017 - 2023. however, accessories and upgrades segment is the fastest growing market, which is expected to grow at a cagr of 12.68% during the forecast period 2017 - 2023. unilateral implant segment accounted for the larger market share in 2016, this market is expected to reach usd 627.60 million in 2023 from usd 284.60 million in 2016. this market is projected to grow at a cagr of 11.96% during the forecast period from 2017 - 2023. however, bilateral implant segment is the fastest growing market, which is expected to grow at a cagr of 12.89% during the forecast period 2017 - 2023. hospitals and clinics segment accounted for the largest market share in 2016, this market is expected to reach usd 361.40 million in 2023 from usd 159.40 million in 2016. this market is projected to grow at a cagr of 12.40% during the forecast period from 2017 - 2023. however, ambulatory surgical centers segment is the fastest growing market, which is expected to grow at a cagr of 12.57% during the forecast period 2017 - 2023.

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