Press release
Hearing Aids Market 2018 |Growth – Key Futuristic Trends And Competitive Landscape 2025
Hearing Aids Market
Some of the players operating in hearing aids market are Sonova Holding AG, William Demant Holdings A/S, ReSound, Benson Hearing, MED-EL, Micro Tech Systems, Siemens Healthcare GmbH, Medtronic, Starkey Hearing Technologies, and Widex A/S.
Hearing Aids Market – Industry Highlights
The global Hearing Aids Market is projected to reach around $6 billion by 2025. Rise in the number of cases of deafness due to increasing levels of noise pollution along with ear infections, birth complications and genetic disorders are the key drivers for the hearing aids market. As per the study conducted by WHO in 2012, 360 million people worldwide are suffering from hearing loss, out of which 32 million are children. Over 35 million adults and children in the U.S. suffer from some level of hearing impairment as per the FDA estimates. Rise in geriatric population around the world contributes to the growth of this market. Additionally, demand for advanced as well as miniature hearing devices will fuel the market growth over the forecast period. The introduction of digital signal processors has also contributed largely to the growth of hearing aids market.
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Market Classification
Hearing Aids Market, By Product, Estimates and Forecast, 2016-2025 ($Million)
In-The-Ear Hearing Aids
Behind-The-Ear Hearing Aids
Receiver-In-The-Ear Hearing Aids
Canal Hearing Aids
Hearing Aids Market, By Technology, Estimates and Forecast, 2016-2025 ($Million)
Analog Hearing Aids
Digital Hearing Aids
Product Outlook and Trend Analysis
In 2016, the behind-the-ear hearing aids market held the largest share of the global market in 2016, due to the advantages offered such as ease of use and better connectivity. The canal aids market is expected to exhibit highest growth rate over the forecast period, due to the rising need for invisible and aesthetically appealing devices.
Technology Outlook and Trend Analysis
Digital hearing aids segment accounted for the largest share of the global market in 2016, owing to high efficiency and ability to provide enhanced listening in noisy surroundings. This segment is projected to witness a robust growth during the forecast period.
Hearing Aids Market - By Region:
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Hearing Aids Market - List of Tables:
Table 1.Global Hearing Aids Market, By Product ($Million), 2016-2025
Table 2.In-The-Ear Hearing Aids Market, By Region ($Million), 2016-2025
Table 3.Behind-The-Ear Hearing Aids, By Region ($Million), 2016-2025
Table 4.Receiver-In-The-Ear Hearing Aids Market, By Region ($Million), 2016-2025
Table 5.Canal Hearing Aids Market, By Region ($Million), 2016-2025
Table 6.Global Hearing Aids Market, By Technology ($Million), 2016-2025
Table 7.Analog Hearing Aids Market, By Region ($Million), 2016-2025
Table 8.Digital Hearing Aids Market, By Region ($Million), 2016-2025
Table 9.Hearing Aids Market, By Region ($Million), 2016-2025
Table10.North America Hearing Aids Market, By Country, 2016-2025 ($Million)
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1) An extensive research study on the Global Hearing Aids Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Hearing Aids Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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