Press release
Hearing Aids Market 2017 by Global Trends and Key Companies 2025 - Sonova Holding AG, Sivantos Inc., Cochlear Ltd., SeboTek Hearing Systems, LLC, Oticon A/S, Zounds Hearing Inc, MED-EL, Sonic Innovations Inc., GN Hearing and William Demant Holding A/S.
Hearing Aids Market
Hearing Aids – Technologically Advanced and Customizable Hearing Aids Fuel the Growth of Hearing Aids Market
Hearing aids are sound-amplifying devices that are used to treat hearing impairment. It is an electronic device comprising various components such as microphone, amplifier circuitry, miniature loudspeaker (receiver) and batteries. It captures, amplifies and delivers sound into the ear canal. The hearing loss may result due to many reasons such as due to aging, prolonged exposure to loud noise, trauma or injury to the head, genetic factor and due to the disease such as Meniere’s disease.
The hearing aids are used to improve hearing sensitivity and to cover hearing loss problem. There are five major types of hearing aids available in market are behind the ear hearing aids, receiver in the ear hearing aids, in the ear hearing aids, completely in the ear hearing aids and in the canal hearing aids. Among all these, behind the ear hearing aids type is mostly preferred by the deaf people as it sits comfortably behind the ear.
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Market Dynamics:
Increase in number of deaf people around the globe is fueling growth of hearing aids market, furthermore, rising demand for technologically advance hearing aids due to increased awareness among deaf people to manage hearing loss will support the growth of hearing aids market in the near future.
The continuous advancement in technology is the other factor supporting to the growth of hearing aids market also the companies has increased focus on emerging countries to expand their customer base as this emerging countries such as China and India holds the largest population globally and also there is rising incidence of hearing loss cases in this region will support the growth of market.
Also the manufacturers are focusing on product development to design the better hearing aid and improve the performance and life of the aid. For example, Sivantos Inc. launched new product brand Signia, which increases battery life and provides additional features such as Bluetooth connectivity to the T.V. and phone.
It is expected that, these technologically advanced devices will help to expand the market in emerging as well as developed countries in the near future.
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Detailed Segmentation:
Global Hearing Aids Market, By Technology:
Conventional Hearing Aid
Digital Hearing Aid
Global Hearing Aids Market, By Product:
Behind the Ear Hearing Aids
Receiver in the Ear Hearing Aids
In the Ear Hearing Aids
Completely In the Ear Hearing Aids
In the Canal Hearing Aids
Global Hearing Aids Market, By Geography:
North America
Europe
Asia-Pacific
Latin America
Middle East
Africa
Company Profiles
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