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Global Digital Hearing Aids Market Including Top Companies: Cochlear, GN Store Nord, MED-EL, Siemens, Sonova Group, Starkey Hearing Technologies

10-02-2018 01:03 AM CET | Health & Medicine

Press release from: Data Bridge Market Research

/ PR Agency: Data Bridge Market Research
Data Bridge Market Research

Data Bridge Market Research

The Digital Hearing Aids Market accounted to USD 6.0 billion in 2016 growing at a CAGR of 5.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

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Some of the major players operating in hearing aids market are:

• Cochlear Ltd.,
• GN Store Nord A/S,
• MED-EL,
• SeboTek Hearing Systems, LLC,
• Siemens AG,
• Sonova,
• Starkey,
• Hansaton Akustik GmbH,
• Unitron,
• William Demant Holding A/S,
• WIDEX USA, INC.,
• Zounds Hearing,
• Medtronic,
• GN Hearing A/S,
• Benson Medical Instruments,
• MicroTech,
• Amplifon,
• Beltone,
• COSELGI,
• Elkon Pvt. Ltd.,
• Audio Controle Inc.

Major Market Drivers and Restraints:

• Rising initiatives by various governments
• Raise awareness about hearing loss treatments
• Rapid growth in aging population
• Technological advancements in the hearing aid devices
• Social stigma associated with the hearing aid devices
• High price of hearing aids
• Unfavorable reimbursement policies

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The digital hearing aids market is segmented by product into:

• Hearing AID Devices
• Hearing Implants

Hearing AID Devices is sub segmented into:

• Receiver-in-the-ear (RITE) hearing AIDS,
• Behind-the-ear (BTE) hearing AIDS,
• Canal hearing AIDS,
• In-the-ear (ITE) hearing AIDS

On the basis of technology type the market is segmented into:

• Digital
• Analog hearing AID.

On the basis of type of hearing loss the market is segmented into:

• Sensorineural
• Conductive

By end user the market is segmented into:

• Adults
• Pediatrics

On the basis of geography, digital hearing aids market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.

Competitive Analysis: Global Digital Hearing Aids Market

The digital hearing aids market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.

The report includes market shares of digital hearing aids market for

• Global,
• Europe,
• North America,
• Asia Pacific
• South America.

Speak To Industry Experts, Request Analyst Call @ https://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-digital-hearing-aids-market

Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge Market Research
Tel: +1-888-387-2818
Email: sopan.gedam@databridgemarketresearch.com

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