The audiology devices are anticipated to grow at a CAGR around 6.0% during the forecast period. The factor such as the high prevalence of hearing disorders, increasing incidence of impairment and loss of hearing in the younger generations is anticipated to show a positive impact on the growth of audiology devices market during the forecast period. Audiology devices are the devices that are used for the diagnosis and treatment of hearing impairment or loss and used for monitoring and studying hearing. The frequent hearing loss is often associated with old age and is a rising problem across the globe. Moreover, factors include a large prevalence of deafness and the cosmetic appeal of hearing devices fuel the growth of the market.

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Additionally, advancement in technology, cost-effective devices and widespread acceptance of novel devices in the aging population is anticipated to boost the growth of the audiology devices industry. However, the high cost of devices used in surgeries and individuals refrain from wearing hearing aids due to social disgrace associated with deafness and high price with hearing impairment solutions mainly surgery based is anticipated to hamper the growth of the market. Rising awareness related to the availability of enhanced hearing aids fuel the growth of the market.

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Global Audiology Devices Market Segmentation

By Technology

Digital Hearing Aids

Analog Hearing Aids

By Products

Cochlear Implants

Bone Anchored Hearing Aid Open System

Diagnostic Devices

Tympanometers

Otoscopes

Audiometers

Hearing Aids

In The Ear Aids

Receiver In The Ear Aids

Behind The Ear Aids

Canal Hearing

Regional Analysis

North America

US

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe

Asia-Pacific

China

India

Japan

Rest of Asia-Pacific

Rest of the World

Company Profiles

AMBCO

Audioscan (a Division of Etymonic Design, Inc.)

Benson Medical Instruments, Co.

Cochlear, Ltd.

Demant A/S

GN Store Nord A/S

Grason-Stadler, Inc.

MAICO Diagnostics

MED-ELCorp.

MedRX, Inc.

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