Hearing Aids Market will Increase at Steady Growth Rate, 2016-2026
The rising incidence rate of hearing disorders among the geriatric population has resulted in growing sales of efficient hearing devices. The hearing disabilities among war veterans as well as new-born infants is one of the biggest concerns in the global healthcare sector. The need for enhanced hearing aids is gaining importance as any untreated hearing loss among infants can lead to impairment in the speaking, the academic and the psychological abilities of the suffering children.
Moreover, the global geriatric population is highly susceptible to developing hearing damage, which can adversely affect their personal relationships as well as their social life. As a result, the global market for hearing aids is expected to register a considerable rise, and the demand for hearing aids is likely to increase among several households during the forecast period (2016-2026).
Request Report Sample@ www.futuremarketinsights.com/reports/sample/rep-gb-1156
Global Hearing Aids Market: Dynamics
FMI’s report on the global hearing aids market consists of research that identifies the key factors that will shape up the dynamics of the market during the forecast period. Besides the obvious factor of rising incidences, the growth of the global hearing aids market is also influenced by factors such as,
Rising noise pollutions levels
The increasing noise pollution throughout the world has had a significant impact on the hearing of adults. Noise emission in heavy duty industries as well as public carnivals is expected to damage the hearing capacity of adults, thereby resulting into increase in demand for hearing aids.
High decibel exposure
Common practice of exposing the ear drum with loud music played through headphones or earphones is a very common factor causing hearing problems among the young demographic. Furthermore, people working in high-decibel environments such as airports or ordnance factories are expected to suffer from hearing loss due to overexposure. The demand for hearing aids is also higher among construction worker, owing to the loud drilling and dismantling work.
Digital enhancement of hearing aids
The most recent factor stimulating the growth of enhanced hearing aids is the addition of Bluetooth, headphone, noise cancellation and other digital functions in the existing hearing devices. Such technological advancements have supplemented the demand for expensive hearing aids with additional features.
On the other hand, the factors that restrain the overall growth of the global hearing aids market include,
The low battery life of hearing aids is one of the biggest limitation to the demand of existing products. The consumer is left helpless and deaf, after the battery of the aid runs out.
Poor diagnosis methods
Lack of proper diagnosis of hearing disorders will result in lower adoption of hearing aids as consumer patients will continue to adjust to the hearing impairment.
Uncomfortable buzzing and amplification
The evident buzzing and feedback sounds emitting from the hearing devices have proved to displease the users, especially the elderlies. As a result, it has distracted the thought processes of old people while having conversations with their family and friends.
Request For TOC@ www.futuremarketinsights.com/toc/rep-gb-1156
The global market for hearing aids is broadly segmented on the basis of the type of products, which include,
In the ear hearing aids (ITE)
In the canal (ITC)
Completely in the canal (CIC)
Behind the ear (BTE)
Receiver in canal (RIC)
Global Hearing Aids Market: Regional Outline
Among the regional classification of the global hearing aids market, North America and Europe are expected to be amid the foremost lucrative regions in the global market. The rising number of hearing loss incidences in the US and Canada is expected to drive the market growth in North America, while the presence of several leading hearing device manufacturers is anticipated to fuel the hearing aid businesses across Europe. Meanwhile, the high noise pollution levels in Asia Pacific (APAC) countries such as India, China and Japan is also expected to impact the hearing aids market in the APAC region.
Global Hearing Aids Market: Key Players
The leading manufacturers of the global hearing aids market are focussed on market consolidation and expansion of their product portfolio. ReSound, Widex, Oticon, Siemens AG, Starkey Hearing Technologies Inc., and Phonak Hearing Systems, are among the leading manufacturers of the global market that are based in European countries, and account for a majority of the global production of hearing aids. Zounds Hearing, Inc. (U.S.), SeboTek Hearing Systems, LLC (U.S.), Sivantos Pte. Ltd. (Singapore), GN Store Nord A/S (Denmark), Cochlear Limited (Australia), Sonova (Switzerland), MED-EL (Austria), and William Demant Holding A/S (Denmark), among others, are also recognised as the key players in the global hearing aids market.
ABOUT US:Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
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 Hearing Aids Market will Increase at Steady Growth Rate, 2016-2026 here
News-ID: 663917 • Views: 90
More Releases from Future Market Insights
Video on Demand Service Market- The Animation segment is Expected to Grow at a h …
A recent market report published by Future Market Insights titled “Video on Demand Service Market: Global Industry Analysis (2014-2016) & Opportunity Assessment (2017-2027)” presents detailed insights and a revised forecast of the global video on demand service market for the period 2017 – 2027. According to the report, the global market for video on demand service was valued at around US$ 53 Mn in 2016, and is expected to register
Smart Home Devices Market- Technological Advancements to Underscore Lucrative Gr …
A new report published by Future Market Insights titled ‘Smart Home Devices Market: Global Industry Analysis (2012 – 2016) and Opportunity Assessment (2017 – 2027)’ studies the performance of the global smart home devices market over a 10 year assessment period from 2017 to 2027. The report presents the value forecast of the global smart home devices market and provides key insights on the factors driving market growth as well
Automatic Coffee Machines Market- Technological Advancements to Underscore Lucra …
Growing need to offer quick services in cafés and restaurants has led to surge in demand for automatic coffee machines globally. In addition, surge in demand for technologically enhanced automatic coffee machine is projected to impact the global market growth of automatic coffee positively. Future Market Insights states that the global market of automatic coffee machine is projected to register a CAGR of 6.0% over the forecast period, 2017-2026. Factors Fuelling
Version Control Systems Market- Competitive Analysis by Leading Industry Players …
A new report published by Future Market Insights titled “Version Control Systems Market: Global Industry Analysis (2012–2016) and Opportunity Assessment (2017–2027)” tracks the details of the global market for a projected period of 10 years, i.e. between 2017 and 2027. According to this report, global sales of version control systems is estimated to be valued at US$ 326.1 Mn in 2017 and is estimated to reach US$ 971.8 Mn by
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