openPR Logo
Press release

Asia Pacific Is Expected To Be The Most Profitable Hearing Aids Market: 2017-2021

07-10-2017 01:07 PM CET | Health & Medicine

Press release from: SA-BRC

Asia Pacific Is Expected To Be The Most Profitable Hearing Aids

SA-BRC announces the release of market assessment report on "Global Hearing Aids Market Assessment & Forecast 2017-2021".

The "Global Hearing Aids Market Assessment & Forecast 2017-2021", estimates that the global hearing aids market was valued at US$ 7,116.3 million in 2016 and is forecast to reach US$ 9,217.0 million by 2021 at a CAGR of 4.1% from 2017 to 2021.

Asia Pacific is expected to be the most profitable hearing aids market. India and China are two most highly populated countries globally and account for larger geriatric population along with countries such as Japan. Percentage of population above 65 years of age in U.S. is 14.7% as against 9.5% in China and 5.6% in India. However this percentage translates to 47.2 million in U.S., 130.2 million in China and 73.4 million in India. 26.3% of Japan’s population is aged 65 years and above; highest globally. In spite of such large patient pool, Asia Pacific currently accounts for less than 20% of the global market. Major reason impeding the adoption of hearing aid were ignorance to hearing loss and high cost of hearing aids that are not covered by insurance providers. Due to economic developments, the per capita income has increased in major Asia Pacific economies. This financial support would drive the hearing aids market in Asia Pacific region.

Request Free Report Sample@ www.sa-brc.com/Global-Hearing-Aids-Market-Assessment--For...

The report also provides market estimation by type of hearing aids that includes receiver-in-canal (RIC), behind-the-ear (BTE), in-the-ear (ITE), in-the-canal (ITC), completely-in-canal (CIC) and hearing aids consumables and accessories. RIC hearing aids stands out as a leading segment on account of long standing market and higher popularity across the globe. Wireless RIC devices are expected to completely replace non-wireless devices the near future. ITEs accommodate larger batteries as compared to ITC and CTC as they are comparatively larger in size. ITCs and CTCs also cannot accommodate telecoils due to their smaller size.

Key players in the global hearing aids market include Sonova, William Demant, Sivantos, GN Hearing, Starkey and Widex. Other players operating at local as well as global level include Zounds, Microson, Audina, ExSilent, IntriCon and Ear Teknik.

More Report Description And TOC@ www.sa-brc.com/report/Global-Hearing-Aids-Market-Assessme...

About Us
Spearhead Acuity Business Research & Consulting Private Limited (SA-BRC) is a premium Life Science business intelligence and data analytics firm. SA-BRC team offers a wide range of business intelligence services to multiple stakeholders such as Medical Device Manufacturers, Service Providers (Hospitals, Payers, etc.), Suppliers, Group Purchase Organizations, Distributors and all other individuals in the entire value chain of healthcare industry. Our research and consulting capabilities extend across several sub-domains within the sphere of Life Sciences such as Biotechnology, Healthcare IT, Medical Devices, Veterinary Sciences, Wellness Products and Pharmaceuticals.

Contact Us
John Whitmore
Office No. 14,
Hermes Kunj, Mangaldas Road,
Pune, 411001
India
Phone: +91-02041210872
Email: sales@sa-brc.com
Website: www.sa-brc.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 Asia Pacific Is Expected To Be The Most Profitable Hearing Aids Market: 2017-2021 here

News-ID: 616959 • Views: 1336

More Releases from SA-BRC

Biochip Market Analysis by Application and Trend 2017-2021
Biochips allow simultaneous testing of higher number of analytes to achieve high throughput and low cost per test. Nanotechnology has helped in miniaturization of devices to achieve higher performance standards. Microarrays are most important part of biochips which send signals to the biochip to deliver end results. Microfluidic biochips have become modern alternative to routine laboratories. Microfluidic technology which enables controlling flow of liquids in micro and pico quantities has
Acute Myeloid Leukemia Therapeutics Market Share, Analysis and Segments 2017-202 …
Acute myeloid leukemia is a cancer of blood cells and involves proliferation of abnormal blood cell types and subsequent replacement of bone marrow with cancerous cells. Major leukemia types include myeloblastic, promyeloctic, myelomonocytic, monocytic, erythroleukemia, megakaryocytic. Treatment of leukemia mainly depends on the type of leukemia and stage. Acute myeloid leukemia therapeutics market is rich with branded as well as generic drugs classified under various classes including antineoplastic agents, corticosteroids, tyrosine
Companion Diagnostics Market Share, Trends Analysis: 2017-2021
Companion diagnostics has revolutionized cancer therapeutics and enabled physicians to select specific treatment pattern from of myriad of drugs for cancer treatment. This has improved treatment outcome manyfold and has now become and indispensable part of personalized medicine. The companion diagnostics market received great attention post success of Herceptin (trastuzumab) and Gleevec (imatinib). Rapid adoption of companion diagnostics and supportive regulatory agencies have encouraged researchers to seek molecules that target
North America and Europe Bionic Eye Market Segment Analysis And Forecast: 2017-2 …
Sudden surge in bionic eye market was experienced recently after the National Health Service (NHS) announced the sponsorship to implant bionic eyes in ten patients. The bionic eye can help regain vision in individuals with visual impairment. Although currently two bionic eye systems has received regulatory approvals, other companies in the bionic eye market are also trying to develop new technology that can help in regaining visual sense in patients. The

All 5 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
Hearing Amplifiers Market to be Driven by Increase in Number of Hearing Impairme …
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. Hearing aid is useful in improving the hearing and speech of patients. An otolaryngologist investigates the cause of
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