Audiological Devices Market Is Thriving Worldwide | William Demant, Starkey Hearing Technologies, Sonova, Medtronic

HTF MI released a new market study on Global Audiological Devices Market with 100+ market data Tables, Pie Chat, Graphs & Figures spread through Pages and easy to understand detailed analysis. At present, the market is developing its presence. The Research report presents a complete assessment of the Market and contains a future trend, current growth factors, attentive opinions, facts, and industry validated market data. The research study provides estimates for Global Audiological Devices Forecast till 2025*. Some are the key players taken under coverage for this study are William Demant (Denmark) , Starkey Hearing Technologies (U.S) , Sonova (Switzerland) , Medtronic (Republic of Ireland) , WIDEX (Denmark) , Sivantos (Singapore) , Cochlear (Australia) , Microson (Barcelona) , MED-EL (Austria) and Interacoustics (Denmark) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are GN Hearing (Denmark) , ExSilent , Benson Medical Instruments (U.S) , Audina Hearing Instruments (U.S) and Inmedico. (Denmark).

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Scope of the Study
Audiology devices are an electronic device that amplifies and changes sound to allow for improved communication. These devices are highly efficient for treating hearing weakening like nerve deafness and congenital hearing problem. Audiology devices are gaining importance across the globe as communication is the most important skill which improves relationships and preserves independence. The increasing prevalence of deafness especially in geriatric population is projected to propel the market growth in near future.. The market study is being classified by Type (Cochlear Implants , Diagnostic Devices , Bone-anchored Hearing Aids and Hearing Aids), by Application (Hospitals , Audiology Clinics , Rehabilitation Centers and Others) 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, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico) .

Competitive Landscape
William Demant (Denmark) , Starkey Hearing Technologies (U.S) , Sonova (Switzerland) , Medtronic (Republic of Ireland) , WIDEX (Denmark) , Sivantos (Singapore) , Cochlear (Australia) , Microson (Barcelona) , MED-EL (Austria) and Interacoustics (Denmark) are some of the key players profiled in the study. Additionally, the Players which are also part of the research are GN Hearing (Denmark) , ExSilent , Benson Medical Instruments (U.S) , Audina Hearing Instruments (U.S) and Inmedico. (Denmark).
On 27 June 2018, Cochlear Limited, the global leader in implantable hearing solutions, has today announced the release of the Nucleus Smart App for Android™ offering greater connectivity than ever before for people with a Nucleus 7 Sound Processor. Users can now control their hearing with the Nucleus Smart App* from a compatible Android device, allowing them to monitor and adjust their settings, view personalised hearing information and even locate a missing sound processor, all from the convenience of their smartphone.

Market Drivers
Rising geriatric population across the globe
Growth of hearing loss diseases
Increase in online sales of audiology devices

Market Trend
Advanced technologies in audiology device market
Demand for Invisible and water resistance audiology devices

Restraints
Low penetration of audiology devices due to their high cost and lack of awareness in developing countries

Opportunities
Introduction of innovative audiology devices

Market Leaders and their expansionary development strategies
On Aug 3, 2018, William Demant, a global leader in hearing healthcare, today announced that based on a licensing agreement, they are partnering with Philips to bring Philips-branded solutions to hearing healthcare. Combining William Demant’s world-leading hearing aid technology with Philips’ global brand presence in healthcare, the cooperation will enrich the hearing healthcare experience and support the healthy lifestyle and active life of even more people with hearing loss
The Food and Drug Administration (FDA) is developing proposed regulations for over-the-counter (OTC) hearing aid devices. According to the FDA Reauthorization Act of 2017, these devices will be available to the consumer through retail outlets and without having to engage an audiologist, either for a pre- purchase hearing evaluation, or for the selection, fitting or verification of performance of the device.
Companies are implementing various strategies such as mergers & acquisitions, new product launch, joint ventures, partnerships and others. Medical technology and healthcare players are setting standards by manufacturing audiology devices with the help of various technological advancements.

Key Target Audience
Audiology device manufacturers
Healthcare institutions like hospitals and clinics
Audiology device service providers
Research institutions
Research and consulting firms
Audiology centers

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In this study, the years considered to estimate the market size of Global Audiological Devices are as follows:
History Year: 2013-2017
Base Year: 2017
Estimated Year: 2018
Forecast Year 2018 to 2025
Table of Contents

1 Market Overview

1.1 Audiological Devices 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 Audiological Devices Type and Applications

2.1.3 Audiological Devices Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)

3 Global Audiological Devices Market Competition, by Manufacturer

3.1 Global Audiological Devices Sales and Market Share by Manufacturer (2016-2017)

3.2 Global Audiological Devices Revenue and Market Share by Manufacturer (2016-2017)

3.3 Global Audiological Devices Price by Manufacturer (2016-2017)

3.4 Market Concentration Rate

3.4.1 Top 3 Audiological Devices Manufacturer Market Share in 2017

3.4.2 Top 5 Audiological Devices Manufacturer Market Share in 2017

3.5 Market Competition Trend

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