Hearing Aid Market Growth Analysis 2019 With Celer Trading Inc., Sivantos Group, Zounds Hearing, Inc, MED-EL, Microtech Systems, Inc, Starkey Hearing Technologies

The Rising Hearing Disabilities Among adults and pediatrics are one of the leading concerns in the healthcare industry. Thus, the need for developed hearing aid devices are increasing as many remains untreated, mainly among infants, which would further lead to psychological disabilities and speaking impairment among them

Global Hearing aids market is expected to reach a CAGR of 10.3% in the forecast period of 2019 to 2026. Global Hearing aids Market is growing at a CAGR of 8.9%.

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Industry News:

• Arphi Electronics Private Limited launched G4 hearing systems with automatic functions that can be optimized audiologically depending on the hearing situation. This strategy would help in the expansion of the product portfolio of the company

• Audina introduced the all new Arro Family products of Receiver in Canal devices which offer next generation hearing technologies in a compact-case design. This would help in the expansion of the product portfolio of the company

• In June 2018, Cochlear Limited announced the launch of nucleus smart app for android smartphone users in order to provide greater connectivity to the people along with a nucleus 7 sound processor. This strategy would help in the product development and would also help in increasing the customer base

• Audina introduced the all new Arro Family products of Receiver in Canal devices which offer nextgeneration hearing technologies in a compact-case design. This would help in the expansion of the product portfolio of the company

Top Market Key Competitors:

• WIDEX A/S,
• GN Store Nord A/S,
• Sonova, Sivantos Pte. Ltd,
• Microson,
• Horentek,
• RION CO. Ltd,
• William Demant Holding A/S,
• Amplifon,
• Starkey,
• MED-EL Medical Electronics,
• Cochlear Ltd.,
• SeboTek Hearing Systems, LLC.,
• Audina Hearing Instruments, Inc.,
• Arphi Electronics Private Limited,
• Zounds Hearing and
• many others.

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Table of Contents:

1 INTRODUCTION

1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 OVERVIEW OF GLOBAL HEARING AIDS MARKET
1.4 CURRENCY AND PRICING
1.5 LIMITATIONS
1.6 MARKETS COVERED

2 MARKET SEGMENTATION

2.1 MARKETS COVERED
2.2 GLOBAL HEARING AIDS MARKET: GEOGRAPHIC SCOPE
2.3 YEAR CONSIDERED FOR THE STUDY
2.4 CURRENCY AND PRICING
2.5 RESEARCH METHODOLOGY
2.6 DBMR MARKET POSITION GRID
2.7 DBMR MARKET CHALLENGE MATRIX

3 MARKET OVERVIEW
3.1 DRIVERS
3.2 RESTRAINTS
3.3 OPPORTUNITIES
3.4 CHALLENGES

4 EXECUTIVE SUMMARY

5 PREMIUM INSIGHTS

6 INDUSTRY INSIGHTS

7 GLOBAL HEARING AIDS MARKET, BY PRODUCT

7.1 OVERVIEW
7.2 HEARING AID DEVICES
7.3 HEARING IMPLANTS

8 GLOBAL HEARING AIDS MARKET, BY DEVICE TYPE
8.1 OVERVIEW
8.2 DIGITAL HEARING AIDS
8.3 ANALOG HEARING AIDS

9 GLOBAL HEARING AIDS MARKET, BY TYPE OF HEARING LOSS
9.1 OVERVIEW
9.2 SENSORINEURAL HEARING LOSS
9.3 CONDUCTIVE HEARING LOSS

10 GLOBAL HEARING AIDS MARKET, BY PATIENT TYPE

10.1 OVERVIEW
10.2 ADULTS
10.3 PEDIATRICS

11 GLOBAL HEARING AIDS MARKET, BY DISTRIBUTION CHANNEL

12 GLOBAL HEARING AIDS MARKET, BY GEOGRAPHY

Continued..........

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Market Competitive Analysis:

The 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 hearing aids market for global, Europe, North America, Asia Pacific and South America.

Market Drivers and Restraints:

1. Rising initiatives by various governments

2. Raise awareness about hearing loss treatments

3. Technological advancements in the hearing aid devices

4. Social stigma associated with the hearing aid devices

5. Favorable reimbursement policies

Market Segmentation:

The hearing aids market is segmented by product type:
• into in-the-ear,
• receiver-in-the-ear,
• behind-the-ear,
• canal hearing aids ITC,
• completely in canal (CIC),
• invisible-in-the-canal (IIC),
• cochlear implants.
• bone anchored systems.

On the basis of technology the market is segmented into:
• digital hearing aidb
• analog hearing aid.

On the basis 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, hearing aids market report covers data points for 28 countries across multiple geographies such as:
• North America
• South America,
• Europe,
• Asia-Pacific,
• Middle East & Africa.

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