The report on Hearing aids Market by Infinium Global Research analyzes over the period of 2017 to 2023. This report also provides detailed qualitative and quantitative analyses of the market dynamics, market size and future trends in Global Hearing aids Market. It will help a lot of decision makers to develop strategies and find new opportunities in the Global Hearing aids Market.
Infinium Global Research has added a new industry research report on Global Hearing aids Market. A hearing aid is used to improve sound waves that support people with hearing loss. Microphone, amplifier, and speaker are the key component present in the hearing aid. The microphone receives the sound waves and converts it into electronic signal. The amplifier reproduces this signal and sends them to speaker that is place in the device.
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Market Insights
The global hearing aids market was sized over USD 5.15 billion in 2015. The global Hearing aids market is projected to grow with a CAGR between 4.5% and 5.0% during 2017-2023. Growing number of patients with hearing loss, technological advancements in hearing aids sector, increased use of binaural fittings are the key factor driving the growth of global hearing aids market. Moreover, Lack of awareness and social stigma, high cost of hearing aids, recompense issues and competition from cochlear Implants are the key factors restraining the growth of this market. Growing potential offered by emerging countries, Innovation in Design, and introduction of directional microphones are likely to bring more opportunities to this market.
Segments Covered:
The report segments the hearing aids market by product and by region. Market segmentation based on product includes behind-the-ear, in-the-ear, and receiver-in-ear. Behind-the-ear are specially recommended for children, as they grow they need changes in hearing devices.
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Company Profiles
• Sivantos Pte. Ltd.
• Starkey Hearing Technologies, Inc.
• Sonova, Cochlear Limited
• GN Store Nord A/S
• MED-EL
• SeboTek Hearing Systems, LLC
• Widex, William Demant Holding A/S
• Zounds Hearing, Inc.
• Other companies.
Key topics covered:
1. Preface
2. Executive Summary
3. Global Hearing aids Market Overview
4. Global Hearing aids Market: IGR Snapshots
5. Global Hearing aids market by Product (USD Million) 2017 – 2023
6. Global Hearing aids Market Analysis, by Region (USD Million) 2017 – 2023
7. Company Profiles
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