Global Audiology Devices Market Size, Competitive Analysis, Share, Forecast- 2019-2025

The global audiology devices market is expected to grow at a CAGR around 6.0% during the forecast period. Hearing loss can be enabled with some kind of hearing assistive technology whether it is hearing aids, assistive listening devices, cochlear implants and hearing enhancement technology. The use of hearing assistive technology (HAT) is important way for consumers to address their hearing loss. HAT technology that include assistive listening systems such as (FM, infrared and hearing loop systems), alerting devices such as (alarm clocks and smoke detectors among others), telecommunication products and services such as (relay services and captioned telephones). There are also program such as equipment distribution programs and state assistive technology programs among others that are beneficial for the growth of the audiology devices market.

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Heraing loop technology offers the greatest advantages to people who rely on assistive listening systems and Loops installed to the International Electrotechnical Commission (IEC 60118-4) standard that deliver the cleanest sound to people with hearing loss. Majority of the people preferred the hearing loops along with telecoil enabled hearing aids, cochlear implants and streamers due to various benefits such as easy to use, versatile, quality sound, discreet, better hygiene and transient solutions. Hearing loops also offers considerable advantages to various sectors including easy administering, cost effective, universal access, maximum impact, ADA compliance and international standard. Thus, from the above benefits the growth of the audiology devices market is propelling during the forecast period.

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Hearing aids are useful in enhancing the hearing of people who have hearing loss that leads from damage to the small sensory cells in the inner ear known as hair cells. This type of hearing loss is known as sensorineural hearing loss. A cochlear implant is a technology that enables to provide a sense of sound to a person who has severe hearing loss. Moreover, favorable government support and funding for cochlear implants results in the growth of the industry. For instance, various initiatives undertaken by government includes new born screening program for early diagnosis and treatment of hearing loss that shown an positive impact on the growth of the audiology devices market during the forecast period.

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
Hearing Aids
Global Audiology Devices Market – Segment by Region

North America

The US
Canada
Europe

Germany
UK
France
Spain
Italy
Rest of Europe
Asia-Pacific

China
Japan
India
Rest of Asia-Pacific
Rest of the World

Latin America
Middle East Africa
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.
Medtronic, PLC.
Natus Medical, Inc.
Nurotron Biotechnology Co., Ltd.
Sivantos Pte. Ltd. (A Division of Siemens AG)
Sonova holding AG
Starkey Laboratories, Inc.
Widex A/S
WS Audiology Denmark A/S
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Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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