Hearable Devices Market 2019 Global Demand in Healthcare sector, Technology Development, Size, Share, Trends, Growth, revenue, Smart Devices and Forecast-2024

Analytical Research Cognizance adds “Hearable Devices Market” Report 2019 Global Analysis, Growth, Trends, Applications and Opportunities Research Report Forecasting to 2023.

A hearable device is a kind of microcomputer that is positioned in the ear and is fitted in the ear canal of the user. This kind of device makes the use of wireless technology to enhance and complement the hearing experience of the wearer. There are many exciting and limitless possibilities of the hearable devices that are experiencing an excellent reception in the market. An area of application which has enormous applications in the field of hearable devices is the area of augmented hearing.

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The word “hearable” is coined at the beginning of 2014, referring anything that fits in or on an ear that contains a wireless link or Bluetooth, whether that’s for audio, or remote control of audio augmentation (qv).

In terms of revenue, hearing aids, although one of the smaller volume segments will dominate in terms of overall revenue, largely due to their historic sales and distribution channel which will maintain their high product price. The challenge will come from earbuds, which, if they gain customer acceptance will attract new users, not least from the 1.1 billion potential people identified by the WHO report as being susceptible to hearing loss. If they succeed, they will eventually take over the hearing aid category. These will be at a lower price, but with massively higher volumes. Even without challenging the hearing aid industry, the wireless ear bud will evolve into an important market in its own right. As a result it will become one of the most successful areas within the wearable market.

Among all the major applications of the hearable devices market, the market for healthcare application accounted the largest share in 2017. The evolution of technology allows people to measure heart rates and other parameters such as body temperature, blood pressure, pulse oximetry, electrocardiogram (ECG), electroencephalogram signals, and others using various smart hearable devices available in the market. Companies in this market also started offering new capabilities in hearable to the elderly and other patients. These hearable devices also help manage particular health conditions and disease states.

Some key factors driving this market are the growing demand for smartphones as a source of entertainment; consumer preference for wearable and portable devices; increasing demand for health monitoring applications and hearing aids; and high investment in R&D for hearable by OEMs.

According to this study, over the next five years the Hearable Devices market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hearable Devices business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Hearable Devices market by product type, application, key manufacturers and key regions and countries.

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Segmentation by product type:
Headphone
Headset
Earbuds
Hearing Aids

Segmentation by application:
Consumer
Healthcare
Others

This report also splits the market by region:
Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Apple
Samsung
Sennheiser
Sony
GN (Jabra)
Sivantos
Starkey
Bragi
Doppler
Miracle-Ear
Valancell
Earin
Eargo
AKG
Audio-Technica
Edifier

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

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Major Point of TOC:
Chapter One: Scope of the Report
Chapter Two: Executive Summary
Chapter Three: Global Hearable Devices by Players
Chapter Four: Hearable Devices by Regions
Chapter Five: Americas
Chapter Six: APAC
Chapter Seven: Europe
Chapter Eight: Middle East & Africa
Chapter Nine: Market Drivers, Challenges and Trends
Chapter Ten: Marketing, Distributors and Customer
Chapter Eleven: Global Hearable Devices Market Forecast

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Matt Wilson,
Manager – Global Sales
Analytical Research Cognizance
+1 (646) 434-7969, +91 90967 44448
sales@arcognizance.com

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