Press release
Hearing Amplifiers Market Analysis Focusing on Top Key Players – Bragi, DopplerLabs, Earlens Corporation, Etymotic Research, Focus Ear, iHear Medical, IntriCon, Onsemi, Songbird Hearing, Soundhawk Corporation, Motorola Mobility & More
Hearing Amplifiers
U.S. hearing amplifiers market will witness 4.7% CAGR by 2024 due to increasing focus of industry players on developing technological advanced hearing amplifiers in country. In addition, rising awareness programs in country is also a contributing factor for business growth. These awareness programs provide information regarding advanced treatments and advanced devices such as hearing amplifiers for patients suffering from hearing loss disorders will augment market growth in upcoming years.
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China hearing amplifiers market accounted for 19.0% revenue share in 2017 owing to rising prevalence of hearing loss disorders in children. As per NCBI 2017 report, the prevalence of hearing impairment among children aged 0?17 years old was 17.5 per 10,000 people. Such increasing prevalence of hearing impairment ultimately increases the adoption of hearing amplifiers that will boost hearing amplifiers industry in forthcoming years.
Hearing amplifiers market will exceed USD 85.5 million by 2024; as per a new research report. Increasing geriatric population worldwide coupled with rising incidence of hearing loss disorders are major impact rendering factors for hearing amplifiers industry growth. Aging is one of the leading causes of hearing loss. As reported by United Nations, the people aged 60 years or above was around 962 million in 2017. Moreover, increasing geriatric population preference towards hearing amplifiers will foster business growth over the coming years.
On-the-ear hearing amplifiers segment was valued at USD 44.6 million in 2017 and is projected to grow significantly over the forecast timeframe. On-the-ear hearing amplifiers segment dominated the market growth owing to favorable regulatory scenario and rising popularity of advanced on-the-ear hearing amplifiers among patients. Moreover, latest advancements in hearing amplifiers that operate on induction charging rather than batteries should drive hearing amplifiers industry growth.
Hearing amplifiers have witnessed considerable changes over the past few decades. Nevertheless, manufacturers of hearing amplifiers are consistently putting efforts aimed at development of sophisticated instruments that provides greater comfort. The latest hearing amplifiers are equipped with several automated features including noise reduction as well as wind noise managers that analyses the user?s environment. Such innovative hearing amplifiers that offers greater comfort will escalate the adoption of hearing amplifiers thereby, fostering business growth.
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Some of the prominent competitors operating in hearing amplifiers market include Bragi, DopplerLabs, Earlens Corporation, Etymotic Research, Focus Ear, iHear Medical, IntriCon, Onsemi, Songbird Hearing, Soundhawk Corporation, Motorola Mobility and Nuheara. Industry competitors are mainly focusing on inorganic strategies such as partnership, merger and acquisitions. These inorganic strategies help in strengthening company?s foothold in hearing amplifiers market.
Table of Content:
Chapter 1. Methodology
1.1. Methodology
1.2. Market definitions
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary
Chapter 2. Executive Summary
2.1. Hearing amplifiers industry 360 degree synopsis, 2013 - 2024
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Distribution trends
2.1.4. Regional trends
Chapter 3. Hearing Amplifiers Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Increasing geriatric population worldwide
3.3.1.2. Rising incidence of hearing loss disorders
3.3.1.3. Technological advancements
3.3.2. Industry pitfalls and challenges
3.3.2.1. Social Stigma
3.4. Growth potential analysis
3.4.1. By product
3.4.2. By distribution channel
3.5. Competitive landscape, 2017
3.5.1. Strategy dashboard
3.6. Porter's analysis
3.7. PESTEL analysis
Chapter 4. Hearing Amplifiers Market, By Product
4.1. Key segment trends
4.2. On-the-ear
4.2.1. Market size, by region, 2013-2024 (USD Million)
4.2.2. Market size, by region, 2013-2024 (000' Units)
4.3. In-the-ear
4.3.1. Market size, by region, 2013-2024 (USD Million)
4.3.2. Market size, by region, 2013-2024 (000' Units)
Chapter 5. Hearing Amplifiers Market, By Distribution Channel
5.1. Key segment trends
5.2. Hospital Pharmacies
5.2.1. Market size, by region, 2013-2024 (USD Million)
5.3. Online Pharmacies
5.3.1. Market size, by region, 2013-2024 (USD Million)
5.4. Others
5.4.1. Market size, by region, 2013-2024 (USD Million)
Chapter 6. Hearing Amplifiers Market, By Region
Chapter 7. Company Profiles
For More Details On this Report: https://www.marketstudyreport.com/reports/hearing-amplifiers-market
Related Report:
United States Hearing Amplifiers Market Report 2018
In this report, the United States Hearing Amplifiers market is valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025.
https://www.marketstudyreport.com/reports/united-states-hearing-amplifiers-market-report-2018/?utm_source=RR-PSR
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