Press release
Hearing Aids 2017 Global Market Expected to Grow at CAGR 5.50% and Forecast to 2020
Hearing Aids Market 2017
The analysts forecast the global hearing aids market to grow at a CAGR of 5.50% during the period 2016-2020.
Technological advancements have led to the introduction of certain innovative products in the market. Battery-operated conventional devices have been replaced with advanced wireless hearing aid devices. The rise in prevalent cases of hearing loss and the transition in demographics have contributed to the increased use of hearing aids.
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Covered in this report
The report covers the present scenario and the growth prospects of the global hearing aids market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales hearing aids that are used to provide assistance with hearing and other related problems.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
The report, Global Hearing Aids Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• William Demant
• Sonova
• Cochlear
• MED-EL
Other prominent vendors
• Beltone
• Eartone
• GN ReSound
• Medtechnica Orthophone
• Miracle Hearing Aid Clinic
• Persona
• Shenzhen Sunsky Technology
• Siemens Healthcare
• Starkey Hearing Aids
• Union Hearing Aid Centre
Market driver
• Rising incidence rate of hearing loss
• For a full, detailed list, view our report
Market challenge
• Battery challenges and decibel adjustments hindering adoption
• For a full, detailed list, view our report
Market trend
• IT application enabled devices are the next big trend
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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Table Of Contents – Major Key Points
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by product
• Hearing aid devices
• Hearing implants
PART 07: Market segmentation by end-user
• Hospitals
• Clinics
• Individuals
PART 08: Geographical segmentation
• Hearing aids market in Americas
• Hearing aids market in EMEA
• Hearing aids market in APAC
PART 09: Market drivers
• Rising incidence rate of hearing loss
• Increased use of binaural fittings
• Rise in the number of hearing impairment and related disorders
PART 10: Impact of drivers
PART 11: Market challenges
• Battery challenges and decibel adjustments hindering adoption
• Heterogeneous reimbursement policy restrictions for different age groups
• High procedure cost for hearing implants
PART 12: Impact of drivers and challenges
PART 13: Market trends
• IT application enabled devices are the next big trend
• 3D printing technology aids in the customization of new devices
• Increasing demand for direct services
PART 14: Vendor landscape
• Competitive scenario
PART 15: Key vendor analysis
• Geographic presence: Key vendor analysis
• William Demant
• Sonova
• Cochlear
• MED-EL
• Other prominent vendors
• Key news
PART 16: Appendix
• List of abbreviations
Continue…….
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