Global Audiology Devices Market Trends, Size, Forecast - 2019-2025

The audiology devices are anticipated to grow at a CAGR around 6.0% during the forecast period. The factor such as the high prevalence of hearing disorders, increasing incidence of impairment and loss of hearing in the younger generations is anticipated to show a positive impact on the growth of audiology devices market during the forecast period. Audiology devices are the devices that are used for the diagnosis and treatment of hearing impairment or loss and used for monitoring and studying hearing. The frequent hearing loss is often associated with old age and is a rising problem across the globe. Moreover, factors include a large prevalence of deafness and the cosmetic appeal of hearing devices fuel the growth of the market.

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Additionally, advancement in technology, cost-effective devices and widespread acceptance of novel devices in the aging population is anticipated to boost the growth of the audiology devices industry. However, the high cost of devices used in surgeries and individuals refrain from wearing hearing aids due to social disgrace associated with deafness and high price with hearing impairment solutions mainly surgery based is anticipated to hamper the growth of the market. Rising awareness related to the availability of enhanced hearing aids fuel the growth of the market.

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Global Audiology Devices Market Segmentation

By Technology
• Digital Hearing Aids
• Analog Hearing Aids

By Products
• Cochlear Implants
• Bone Anchored Hearing Aid Open System
• Diagnostic Devices
o Tympanometers
o Otoscopes
o Audiometers

• Hearing Aids
o In The Ear Aids
o Receiver In The Ear Aids
o Behind The Ear Aids
o Canal Hearing

Regional Analysis

• North America
o US
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• AMBCO
• Audioscan (a Division of Etymonic Design, Inc.)
• Benson Medical Instruments, Co.
• Cochlear, Ltd.
• Demant A/S
• GN Store Nord A/S
• Grason-Stadler, Inc.
• MAICO Diagnostics
• MED-ELCorp.
• MedRX, Inc.

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