Press release
Global Audiology Devices Market to grow at a CAGR of 6.50% during the period 2017-2021
The objectives of this study are as follows:
To define, describe, and forecast the "Audiology Devices" market by type, application, component, delivery model, end user, and region
To provide detailed information regarding major factors influencing market growth (drivers, restraints, opportunities, and industry-specific challenges)
To analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
To analyze opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
To forecast the market size of market segments with respect to the four key regions: North America, Europe, Asia, and the Rest of the World (RoW)
To strategically profile the key players and comprehensively analyze their product portfolios, market positions, and core competencies
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About Audiology Devices
Audiology devices are used by people with hearing difficulties. These devices have improved over the time to provide a better experience to the users. With the advances in technology, the devices have become smarter, smaller, and easier to use, providing better communication to the users. Nowadays, the digital hearing devices are equipped with feedback reduction, speech enhancement, directional microphones, and wireless technology. The market growth for these devices will continue due to the increasing prevalence of hearing disorders.
Technavios analysts forecast the global audiology devices market to grow at a CAGR of 6.50% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global audiology devices market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Audiology Devices Market 2017-2021, 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
Medtronic
Sonova
Starkey Hearing Technologies
William Demant
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Other prominent vendors
Audina Hearing Instruments
Benson Medical Instruments
Cochlear
ExSilent
Frye Electronics
GN Hearing
Interacoustics
Microson
MED-EL
Nurotron Biotechnology
Otometrics (acquired by Natus Medical)
Sivantos
WIDEX
Market driver
Increasing prevalence of hearing disorders
For a full, detailed list, view our report
Market challenge
Inadequate reimbursement and insurance policies
For a full, detailed list, view our report
Market trend
Increasing focus on digital hearing aids
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 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?
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Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
Market outline
PART 05: Market landscape
Market overview
Market size and forecast
Five forces analysis
PART 06: Market segmentation by product
Market overview
Global hearing aids market
Global cochlear implants market
Global diagnostic devices market
Global BAHAmarket
PART 07: Market segmentation by end-user
Market overview
ASCs
Hospitals
Research institutes
PART 08: Geographical segmentation
Market scenario
Audiology devices market in Americas
Audiology devices market in EMEA
Audiology devices market in APAC
PART 09: Decision framework
PART 10: Drivers and challenges
Market drivers
Market challenges
PART 11: Market trends
Increasing focus on digital hearing aids
Technological advances in hearing aids
PART 12: Vendor landscape
Competitive scenario
Other prominent vendors
PART 13: Key vendor analysis
Medtronic
Sonova
Starkey Hearing Technologies
William Demant
PART 14: Appendix
List of abbreviations
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List of Exhibits
Exhibit 01: Global audiology devices market: Impact assessment
Exhibit 02: Market scenario for global audiology devices market 2016 and 2021
Exhibit 03: Global audiology devices market 2016-2021 ($ millions)
Exhibit 04: Five forces analysis
Exhibit 05: Global audiology devices market by product 2016 (%)
Exhibit 06: Global audiology devices market by product 2021 (%)
Exhibit 07: Global hearing aids market 2016-2021 ($ millions)
Exhibit 08: Global cochlear implants market 2016-2021 ($ millions)
Exhibit 09: Global diagnostic devices market 2016-2021 ($ millions)
Exhibit 10: Global BAHA market 2016-2021 ($ millions)
Exhibit 11: HEI research programs
Exhibit 12: Global audiology devices market by geography 2016 (%)
Exhibit 13: Global audiology devices market by geography 2021 (%)
Exhibit 14: Audiology devices market in Americas: Overview
Exhibit 15: Audiology devices market in Americas 2016-2021 ($ millions)
Exhibit 16: Audiology devices market in EMEA: Overview
Exhibit 17: Audiology devices market in EMEA 2016-2021 ($ millions)
Exhibit 18: Audiology devices market in APAC: Overview
Exhibit 19: Audiology devices market in APAC 2016-2021 ($ millions)
Exhibit 20: Competitive structure analysis of global audiology devices market 2016
Exhibit 21: Medtronic: Key financial overview
Exhibit 22: Medtronic: Key highlights
Exhibit 23: Medtronic: Strength assessment
Exhibit 24: Medtronic: Strategy assessment
Exhibit 25: Medtronic: Opportunity assessment
Exhibit 26: Sonova: Region-wise revenue generation FY2016 (%)
Exhibit 27: Sonova: Key highlights
Exhibit 28: Sonova: Strength assessment
Exhibit 29: Sonova: Strategy assessment
Exhibit 30: Sonova: Opportunity assessment
Exhibit 31: Starkey Hearing Technologies: Strength assessment
Exhibit 32: Starkey Hearing Technologies: Strategy assessment
Exhibit 33: Starkey Hearing Technologies: Opportunity assessment
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