Digital Hearing Aid Market Competitive Analysis by end user industries | Widex, Oticon, Unitron, William Demant

HTF MI recently introduced Global Digital Hearing Aid Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are Starkey Hearing Technologies [United States] , Cochlear Limited [Australia] , Bernafon AG [Switzerland] , Med-EL Medical Electronics [Austria] , Natus Medical Incorporated [United States] , Sonic Innovations [United States] , Sonova Holding AG [Switzerland] , Widex [Denmark] Oticon [Denmark], GN Store Nord [Denmark] , SeboTek Hearing Systems, LLC [United States] , Hansaton Akustik GmbH [Germany] , Unitron [Taiwan] , Lucid Hearing [United States] , William Demant [Denmark] , Zounds Hearing [United States] , COSELGI [Denmark] and Audio Controle [Canada] etc.

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Summary
Report Description 2

Scope of the Study
Digital hearing aid is a device that uses digital processor to amplify the sounds it receives. This device offer great flexibility in programming as well as in sound processing while enhancing speech and reducing noise.. The market study is being classified by Type (Adult and Children), by Application (Hospital and Medical Center) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Denmark, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .

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Market Drivers
Growing Awareness About Hearing Loss Treatment
Rise in Ageing Population
Favorable Government Initiatives

Market Trend
Use of 3D Printing Technology in Product Development
Growing Adoption of Bluetooth Wireless Technology
End-user Purchasing Pattern Affected by Internet Influence

Restraints
Social Stigma Attached With its Use
High Cost of the Device

Opportunities
Technological Advancement and Innovative Product Design and Rising Disposable Income in Emerging Economies

Market Leaders and their expansionary development strategies
May 2018 - : Sivantos and Widex merge to create global hearing aid leader. The aim of merger was to accelerate the growth and enhance market penetration of hearing devices. and March 2018 - :Etymotic Research, a long time innovator in hearing healthcare field, Merged with Lucid Hearing/Lucid Audio.

In the FDA Reauthorization Act of 2017 (FDARA), Congress outlined certain requirements to establish a category of over-the-counter (OTC) hearing aids and the requirements that apply to them. This statutorily mandated process requires FDA to publish proposed regulations for public comment, and then to publish final regulations.
Key players are emphasizing on deregulating of FDA approved OTC (over-the-counter) as it brings down the cost of the devices drastically. During 2018 summit, when asked about Bragi collaboration creating the OTC devices, Starkey President Brandon Sawalich did not give a go and disagreed with the initiatives.

Key Target Audience
Original Equipment Manufacturer
Potential Investor
Government Agencies
Research Institute

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Table of Contents

1 Market Overview

1.1 Digital Hearing Aid Introduction

1.2 Market Analysis by Type

1.3 Market Analysis by Applications

1.4 Market Analysis by Regions

1.4.1 North America (United States, Canada and Mexico)

1.4.1.1 United States Market States and Outlook (2013-2023)

1.4.1.2 Canada Market States and Outlook (2013-2023)

1.4.1.3 Mexico Market States and Outlook (2013-2023)

1.4.2 Europe (Germany, France, UK, Russia and Italy)

1.4.2.1 Germany Market States and Outlook (2013-2023)

1.4.2.2 France Market States and Outlook (2013-2023)

1.4.2.3 UK Market States and Outlook (2013-2023)

1.4.2.4 Russia Market States and Outlook (2013-2023)

1.4.2.5 Italy Market States and Outlook (2013-2023)

1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast Asia)

1.4.3.1 China Market States and Outlook (2013-2023)

1.4.3.2 Japan Market States and Outlook (2013-2023)

1.4.3.3 Korea Market States and Outlook (2013-2023)

1.4.3.4 India Market States and Outlook (2013-2023)

1.4.3.5 Southeast Asia Market States and Outlook (2013-2023)

1.4.4 South America, Middle East and Africa

1.4.4.1 Brazil Market States and Outlook (2013-2023)

1.4.4.2 Egypt Market States and Outlook (2013-2023)

1.4.4.3 Saudi Arabia Market States and Outlook (2013-2023)

1.4.4.4 South Africa Market States and Outlook (2013-2023)

1.4.4.5 Nigeria Market States and Outlook (2013-2023)

1.5 Market Dynamics

1.5.1 Market Opportunities

1.5.2 Market Risk

1.5.3 Market Driving Force

2 Manufacturers Profiles

2.1.1 Business Overview

2.1.2 Digital Hearing Aid Type and Applications

2.1.3 Digital Hearing Aid Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

3 Global Digital Hearing Aid Market Competition, by Manufacturer

3.1 Global Digital Hearing Aid Sales and Market Share by Manufacturer (2016-2017)

3.2 Global Digital Hearing Aid Revenue and Market Share by Manufacturer (2016-2017)

3.3 Global Digital Hearing Aid Price by Manufacturer (2016-2017)

3.4 Market Concentration Rate

3.4.1 Top 3 Digital Hearing Aid Manufacturer Market Share in 2017

3.4.2 Top 5 Digital Hearing Aid Manufacturer Market Share in 2017

3.5 Market Competition Trend

……… Continued

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