Hearing Aids Market

Hearing Aids Market - Size, Share, Growth,
Outlook, and Opportunity Analysis, 2018-2026
The hearing aids are used to improve hearing sensitivity and to cover hearing loss problem. There
are five major types of hearing aids available in market are behind the ear hearing aids, receiver in
the ear hearing aids, in the ear hearing aids, completely in the ear hearing aids and in the canal
hearing aids. Among all these, behind the ear hearing aids type is mostly preferred by the deaf
people as it sits comfortably behind the ear.
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Also the hearing aids differ by technology and are conventional hearing aids and digital hearing aids,
among these digital type of hearing holds major market share as this type of hearing aids provide
more benefits as compare to conventional hearing aids such as improvement in programmability,
greater precision in fitting, management of discomfort related to loudness and noise reduction. The
digital hearing aids are associated with high cost than conventional hearing aids although provides
better hearing and have longer life span. The user can change the hearing aid setting by pushing a
button only but in case of conventional hearing aids it is not possible as this aids are based on
particular frequency response of audiogram of the user.
Increasing geriatric population and advancement in hearing aids’ technology will
increase growth of the hearing aids market over the forecast period
North America is leading the global hearing aids market with the highest market share followed
by Europe. Factors such as high geriatric population and rapid adoption rate of hearing aids
devices are increasing growth of hearing aids market in this region. However, Asia Pacific is
expected to witness the highest growth rate in hearing aids market during the forecast period
due to increasing population in the emerging economies such as China and India.
The key players are incorporating strategies to increase its market share, meet rising demand,
and expand customer base in emerging countries such as China and India. For instance,
according to World Health Organization (WHO), in 2012, overall production of hearing aids met
only 10% demand around the globe and as low as 3% demand in emerging economies.
Report includes chapters which deeply display the following deliverable about industry :
• Hearing Aids Market Research Objective and Assumption
• Hearing Aids Market Purview - Report Description, Executive Summary, and Coherent Opportunity
Map (COM)
• Hearing Aids Market Dynamics, Regulations, and Trends Analysis - Market Dynamics, Regulatory
Scenario, Industry Trend, Merger and Acquisitions, New system Launch/Approvals, Value Chain
Analysis, Porter’s Analysis, and PEST Analysis
• Global Hearing Aids Market, By Regions
• Hearing Aids Market Competition by Manufacturers including Production, Share, Revenue, Average
Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Hearing Aids Market Manufacturers Profiles/Analysis including Company Basic Information,
Manufacturing Base and Its Competitors.
• Hearing Aids Market Manufacturing Cost Analysis including Key Raw Materials and Key Suppliers of
Raw Materials.
• Industrial Chain, Sourcing Strategy and Downstream Buyers including Upstream Raw Materials
Sourcing and Downstream Buyers
• Marketing Strategy Analysis, Distributors/Traders including Marketing Channel, Market Positioning
and Distributors/Traders List.
• Market Effect Factors Analysis including Technology Progress/Risk, Consumer Needs/Customer
Preference Change and Economic/Political Environmental Change.
• Hearing Aids Market Forecast including Production, Consumption, Import and Export Forecast by
Type, Applications and Region.
• Research Findings and Conclusion
Some major players hold largest market share of hearing aids market are Sonova
Holding AG, Sivantos Inc., Cochlear Ltd., SeboTek Hearing Systems, LLC, Oticon A/S,
Zounds Hearing Inc, MED-EL, Sonic Innovations Inc., GN Hearing and William Demant
Holding A/S.
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Detailed Segmentation:
• Global Hearing Aids Market, By Technology:
• Conventional Hearing Aid
• Digital Hearing Aid
• Global Hearing Aids Market, By Product:
• Behind the Ear Hearing Aids
• Receiver in the Ear Hearing Aids
• In the Ear Hearing Aids
• Completely In the Ear Hearing Aids
• In the Canal Hearing Aids
• Global Hearing Aids Market, By Geography:
• North America
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