openPR Logo
Press release

Increase in Number of Hearing Impairment Cases Coupled with Rising Costs of Hearing Aids are Expected to Drive the Growth of Hearing Amplifiers Market

05-16-2017 03:59 PM CET | IT, New Media & Software

Press release from: TMR - Research Reports

Increase in Number of Hearing Impairment Cases Coupled with Rising Costs of Hearing Aids are Expected to Drive the Growth of Hearing Amplifiers Market

Hearing loss can occurs when inner ear or nerve is damaged, which may be caused due to diseases, aging, loud noise, and medications. Hearing amplifier is a small part of hearing aid which makes the sound louder. Hearing amplifiers increase the power of signals and then send them to the ear through speakers.

Browse through Hearing Amplifiers Market report to know what factors will shape the market by 2024: www.transparencymarketresearch.com/hearing-amplifiers-mar...

Hearing aid is useful in improving the hearing and speech of patients. An otolaryngologist investigates the cause of the hearing loss. An audiologist is a hearing health professional who identifies and measures hearing loss and will perform a hearing test to assess the type and degree of hearing loss.

Increase in number of hearing impairment cases coupled with rising costs of hearing aids are expected to drive the growth of the global hearing amplifiers market during the forecast period. Majority of the consumers use hearing amplifiers or personal sound amplification products (PSAPs) as they are considered cheaper alternatives of hearing aids. Hearing amplifiers or PSAPs, are designed to amplify sounds in any recreational environment and are exempt from the Food and Drug Administration (FDA). Hearing amplifiers are sold directly to consumers as electronic devices without the requirement of a physician prescription. According to National Institute on Deafness and other Communication Disorders (NIDCD), approximately 324,200 cochlear implants have been implanted worldwide. About 15 percent of Americans (26 million people) between the ages of 20 and 69 have high frequency hearing loss due to exposure to noise at work or during leisure activities. Major driving factors for the growth of the global hearing amplifiers such as an increase in the number of prevalence of hearing impairment patients in old and young population, increasing investment in research and development in ENT field among others.

Based on styles or design types of hearing aid products the global market of hearing amplifiers can be segmented as follows:

> Behind-the-ear (BTE)
> Mini BTE
> In-the-ear (ITE)
> In-the-canal (ITC)

Based on function the global hearing amplifiers market can be segmented as follows:

> Analog hearing aids
> Digital hearing aids

Based on distribution channels the global hearing amplifiers market can be segmented as follows:

> Hospital Pharmacies
> Online Pharmacies
> Independent Pharmacies and Drug stores

Hearing amplifiers market is segmented into five major regions: North America, Europe, Latin America, Asia Pacific, and Middle East & Africa. In 2015, North America lead the global market of hearing amplifiers followed by the Europe in terms of revenue. According to statistics compiled by the National Institute on Deafness and Other Communication Disorders (NIDCD), 37.5 million adults aged 18 and older in America report some form of hearing loss. According to the National Institute on Deafness and Other Communication Disorders (NIDCD), 28.8 million U.S. adults could benefit from using hearing aids and more than 90 percent of deaf children are born to parents suffering from some kind of hearing disorder. Globally, the hearing amplifiers market is expected to witness a healthy CAGR in terms of revenue during the forecast period.

Latin America, Middle East & Africa and Asia Pacific regions are the emerging markets in the global hearing amplifiers market. Increasing awareness among the various distribution channels as well as consumers in these regions is anticipated to propel global market growth of hearing aids and amplifiers during the forecast period.

Request a sample of this report to know what opportunities will emerge in the rapidly evolving Hearing Amplifiers Market by 2024: www.transparencymarketresearch.com/sample/sample.php?flag...

The key players in the global market develop hearing amplifiers in analog and digital forms. Some of the top companies in the global hearing amplifiers market are Sound Hawk, Resound, Foshan Vohom Technology Co. Ltd., Sound world solution, Shenzhen LA Lighting Company Limited, Austar Hearing Science and Technology (Xiamen) Co., Ltd., Huizhou Jinghao Electronics Co. Ltd., Ziphearing among others.

Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: www.transparencymarketresearch.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Increase in Number of Hearing Impairment Cases Coupled with Rising Costs of Hearing Aids are Expected to Drive the Growth of Hearing Amplifiers Market here

News-ID: 538662 • Views: 187

More Releases from TMR - Research Reports

Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016. The global dental membrane and bone graft substitutes market is expected to
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period. By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment

All 9227 Releases


More Releases for Hearing

2019 Hearing Aid Market– Sivantos, Starkey, Benson Hearing, ReSound Group, Mic …
Researchmoz added Most up-to-date research on "Global Hearing Aid Market Insights, Forecast to 2025" to its huge collection of research reports. Hearing Aid Market report includes (6 Year Forecast 2019-2025) includes Overview, classification, industry value, price, cost and gross profit. It also offers in-intensity insight of the Hearing Aid industry masking all vital parameters along with, Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, Price and Gross Margin, Hearing Aid market
Global Hearing Implants Market Research
Global Hearing Implants Market Research Cis are electronic therapeutic gadgets that supplant the harmed internal ear. Global Hearing Implants Market Research they sidestep the harmed hair cells of the inward ear and straightforwardly invigorate the sound-related nerve. They are utilized by individuals who are not profited by the utilization of regular listening devices and have serious to-significant hearing misfortune. Get sample copy of report : https://www.marketdensity.com/contact?ref=Sample&reportid=6282 Table of Contents 1 Hearing
Global Hearing Aids Market 2016: Digital hearing aids, Analog hearing aids
A hearing aid is an electronic device that amplifies the sound resulting in the production of clear sound for the user. These are largely deployed for people who suffer from hearing loss and impairment. The global Hearing aids market is gaining popularity owing to the rising technological innovations and increased demand for aesthetic designs of the devices. While the market is considered to be influenced by factors such as technological
HUSH™ by RONCO – Hearing Protection
Superior Hearing Protection without compromising comfort Concord, Ontario March 28, 2016: Hush™ is Ronco’s brand for hearing protection and the name is synonymous with delivering superior hearing protection without compromising comfort of the users. Since the launch in 2014, Hush™ line has grown and now comprise a full range of disposable and reusable ear plugs and earmuffs. 1. Disposable earplugs – These are available in corded, uncorded and metal detectable versions. The metal
Becoming Better Hearing Care Consumers
Thanks to recent updates on the website, Advice On Hearing Aids, hearing aid consumers now have 1,200 pre-approved clinics to choose from. They know before even scheduling a visit what to expect during their hearing test. When they return home, comparisons of hearing aids, from the latest featuring Bluetooth-quality sound to the basic digital device, are a simple click away. “As audiologists and hearing care professionals, we maintain the Advice on
Free Hearing Screenings at Lindenhurst Hearing Center Open House
The newly opened Lindenhurst Hearing Center will provide free hearing screenings at it’s first Open House on Saturday September 17 from 9am to 3pm at their location at 672 North Wellwood Ave., Suite #1. Lindenhurst, NY (OPENPRESS) September 10, 2005 -- Lindenhurst Mayor Thomas A. Brennan will be on hand as well as other local and state officials to take part in a ribbon cutting ceremony scheduled for 10:30am. Free