Hearing Care Devices Market Forecast by 2023 | Key Player include American Hearing Aids, Amplifon, Cochlear Ltd., GN Store Nord A/S, IntriCon Corporation, MED-EL, Sivantos Pte. Ltd., Sonova, Starkey, and William Demant Holding A/S

Hearing Care Devices Market Report, published by Allied Market Research, projects that the global market was valued at $ 6,423 million in 2016, and is projected to reach at $9,729 million by 2023, growing at a CAGR of 6.1% from 2017 to 2023. The hearing aids segment accounted for more than two-thirds share of the total market in 2016.

Hearing care devices restore hearing function in patients suffering from hearing impairment. The market has witnessed significant growth in the recent past due to development of new types of hearing aids and implants.

Download Now! Sample PDF Brochure @ https://www.alliedmarketresearch.com/request-sample/2130

Growth in geriatric population susceptible to hearing disorders, rise in prevalence of hearing loss, and increase in binaural fitting rate are expected to drive the market growth. Moreover, rise in adoption of technically advanced hearing care devices, such as cochlear implants supplement the market growth. However, high cost of the devices and surge in drop-out rates of the patients are expected to hamper the market growth.

The hearing aids segment is expected to dominate the market during the analysis period, owing to its advantages, such as incorporated computerized electroacoustic systems, which transform the surrounding sound waves into digital signals and thus increase audibility.

The home care settings segment, generated the highest revenue, accounting for nearly two-thirds of the global market in 2016. Conversely, the ambulatory surgical segment is expected to grow at the highest CAGR of 11.4% during the forecast period.

Key Findings of the Hearing Care Devices Market Study:
• The hearing implants segment is expected to grow at a significant CAGR of 10.5%, owing to various benefits, such as used by patients unable to hear even after the employment of hearing aid.
• The ambulatory surgical center segment is projected to grow at a CAGR of 11.4% during the forecast period.
• The sensorineural hearing loss segment is expected to grow at a significant CAGR of 10.4%.
• France and Germany collectively contributed for more than one-third share of the European hearing care devices market in 2016.
• Japan is the major shareholder, accounting for almost one-fourth share of the Asia-Pacific hearing care devices market in 2016.

Asia-Pacific is projected to grow at the highest CAGR of 7.0% during the forecast period, owing to improvement in healthcare infrastructures and rise in expenditures in the emerging markets (such as India and China) to cater to the unmet medical needs. Technological advancements to develop cost-effective devices offer lucrative opportunities for the market growth.

The major companies profiled in the report include are American Hearing Aids, Amplifon, Cochlear Ltd., GN Store Nord A/S, IntriCon Corporation, MED-EL, Sivantos Pte. Ltd., Sonova, Starkey, and William Demant Holding A/S.

TABLE OF CONTENT:

Chapter: 1 INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS FOR STAKEHOLDERS
1.3. KEY MARKET SEGMENTS
1.4. RESEARCH METHODOLOGY

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models

Chapter: 2 EXECUTIVE SUMMARY

2.1. KEY FINDINGS OF THE STUDY
2.2. CXO PERSPECTIVE

Chapter: 3 MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.2.2.1. Competitive intelligence of companies and their strategies

3.3. MARKET SHARE ANALYSIS, 2016
3.4. MARKET DYNAMICS

3.4.1. Drivers

3.4.1.1. Growing incidence of hearing disorders
3.4.1.2. Technological advancements
3.4.1.3. Growing geriatric population
3.4.1.4. Increasing binaural fitting rate

3.4.2. Restraints

3.4.2.1. High cost of devices
3.4.2.2. Increasing drop-out rates

3.4.3. Opportunities

3.4.3.1. Lucrative opportunities in the emerging economies
3.4.3.2. Increasing penetration rate

3.4.4. Impact analysis

3.5. CLINICAL TRIALS

Chapter: 4 GLOBAL HEARING CARE DEVICES MARKET, BY PRODUCT

4.1. OVERVIEW

4.1.1. Market size and forecast

4.2. HEARING AIDS

4.2.1. Key market trends
4.2.2. Growth factors and opportunities
4.2.3. Market size and forecast
4.2.4. By type

4.2.4.1. Behind-the-ear (BTE) aids

4.2.4.1.1. Market size and forecast

4.2.4.2. In-the-ear aids

4.2.4.2.1. Market size and forecast

4.2.4.3. Receiver-in-the-ear (RITE)

4.2.4.3.1. Market size and forecast

4.2.4.4. Canal hearing aids

4.2.4.4.1. Market size and forecast

4.2.5. By technology

4.2.5.1. Analog hearing aids

4.2.5.1.1. Market size and forecast

4.2.5.2. Digital hearing aids

4.2.5.2.1. Market size and forecast

4.3. HEARING IMPLANTS

4.3.1. Key market trends
4.3.2. Growth factors and opportunities
4.3.3. Market trends and forecast
4.3.4. Cochlear implants

4.3.4.1. Market size and forecast

4.3.5. Bone-anchored hearing systems (BAHS)

4.3.5.1. Market size and forecast

4.3.6. Auditory brainstem implants

4.3.6.1. Market size and forecast

4.3.7. Middle ear implants

4.3.7.1. Market size and forecast

Chapter: 5 GLOBAL HEARING CARE DEVICES MARKET, BY TYPE OF HEARING LOSS

5.1. OVERVIEW

5.1.1. Market size and forecast

5.2. CONDUCTIVE HEARING LOSS

5.2.1. Market size and forecast

5.3. SENSORINEURAL HEARING LOSS

5.3.1. Market size and forecast

Chapter: 6 GLOBAL HEARING CARE DEVICES MARKET, BY END USER

6.1. OVERVIEW

6.1.1. Market size and forecast

6.2. HOSPITALS & CLINICS

6.2.1. Market size and forecast

6.3. HOME-USE

6.3.1. Market size and forecast

6.4. AMBULATORY SURGICAL CENTERS (ASCS)

6.4.1. Market size and forecast

Chapter: 7 GLOBAL HEARING CARE DEVICES MARKET, BY REGION

7.1. OVERVIEW

7.1.1. Market size and forecast

7.2. NORTH AMERICA

7.2.1. Key market trends
7.2.2. Key growth factors and opportunities
7.2.3. Market size and forecast
7.2.4. Canada
7.2.5. Mexico

7.3. EUROPE

7.3.1. Key market trends
7.3.2. Key growth factors and opportunities
7.3.3. Market size and forecast
7.3.4. Germany
7.3.5. France
7.3.6. UK
7.3.7. Italy
7.3.8. Spain
7.3.9. Rest of Europe

Check offers and discount on this report @ https://www.alliedmarketresearch.com/get-discount/2130

About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com

This release was published on openPR.