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Tinnitus Management Market

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Tinnitus is constant sound in the ear, which does not come from an external source. Nature of sound may be of ringing, buzzing, roaring, clicking, and hissing with varying intensity.
Tinnitus Management Market Size, and Share - Global
Industry Insights, Trends, Outlook, and Opportunity
Analysis, 2018-2026
Tinnitus is constant sound in the ear, which does not come from an external source. Nature of
sound may be of ringing, buzzing, roaring, clicking, and hissing with varying intensity. Tinnitus
is a symptom rather than a disease. Exact pathophysiology of tinnitus is still unknown,
however, various causes of tinnitus are partial hearing loss, loud noise, blockage of earwax
from eardrum, otosclerosis (stiffening of middle ear bone), head injury and damage to
vestibulocochlear nerve etc. Tinnitus could impact quality of life and lead to stress, depression,
and lack of concentration. Tinnitus does not have a curative therapy, however, according to
American Tinnitus Association, there are various management approaches to address attentional,
emotional, and cognitive impact of tinnitus, which includes use of hearing aids or sound
therapy with the help of a device or behavioral therapy.
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Increasing prevalence of tinnitus is expected to drive growth of the tinnitus management
market:
According to the American Academy of Audiology, in 2016, global prevalence for tinnitus
varied from 5% to 42% from different studies and such high prevalence is expected to drive
growth of the tinnitus management market. According to British Tinnitus Association, around
90% of the people with tinnitus have reported some kind of hearing loss. Also, patient suffering
from partial deafness or hearing loss also complained about tinnitus and undergo management
approaches for tinnitus treatment. This is another factor expected to drive growth of the
tinnitus management market. Development of novel and innovative devices and therapies for
tinnitus management would aid in market growth. For instance, mobile application-based music
therapy aids in managing symptoms and effectively treat the condition through prescribed music
listening experience for one to two hours a day for specific period.
North America and Europe markets are expected to witness high growth owing to high
prevalence of tinnitus in these regions:
North America and Europe markets are expected to exhibit high growth over the forecast
period. According to American Academy of Audiology, in 2014, 50 million people in the U.S.
were reported to experience some form of tinnitus, while 12 million of them suffered from
tinnitus. This high prevalence is expected to drive growth of the tinnitus management market in
North America. In addition to this, governments in these regions are taking initiatives to
standardize tinnitus treatment outcomes. For instance, the European Union in 2014, formed
pan-European Tinnitus Research Collaboration Network, to establish an international standard
for outcome measurements in clinical trials of tinnitus.
Key players in the market are developing and launching new products for aiding in
management of tinnitus. For instance, launch of notched music device and cochlear implant has
aided in enhanced management of tinnitus. In notched music devices, specific frequency of
sound is removed, which is equivalent to frequency of tinnitus sound. Patient listening to this
tailored sound daily for specific period, would benefit from this, as it could aid in elimination
of the tinnitus sound. Cochlear implants are majorly used by patients with tinnitus suffering
from single-sided deafness.
Report includes chapters which deeply display the following deliverable about industry :
• Tinnitus Management Market Research Objective and Assumption
• Tinnitus Management Market Purview - Report Description, Executive Summary, and Coherent
Opportunity Map (COM)
• Tinnitus Management 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 Tinnitus Management Market, By Regions
• Tinnitus Management Market Competition by Manufacturers including Production, Share,
Revenue, Average Price, Manufacturing Base Distribution, Sales Area and Product Type.
• Tinnitus Management Market Manufacturers Profiles/Analysis including Company Basic
Information, Manufacturing Base and Its Competitors.
• Tinnitus Management 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.
• Tinnitus Management Market Forecast including Production, Consumption, Import and Export
Forecast by Type, Applications and Region.
• Research Findings and Conclusion
Key players operating in the global tinnitus management market include,
•
Sivantos, Inc.
•
Starkey Hearing Technologies, Inc.
•
GN Hearing A/S
•
Widex A/S
•
Oticon Inc.
•
Neuromod Devices Ltd.
•
Neuromonics, Inc.
•
Puretone Ltd.
•
Cochlear Americas, Inc.
Market Taxonomy:
On the basis of product, the global tinnitus management market is segmented into:
• Sound masking devices
• Hearing aids
• Notched music devices
• Cochlear Implants
On the basis of distribution channel, the global tinnitus management market is segmented into:
• Clinics
• Hospitals
• Others
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Author
Alex Huge
Alex Huge335   documents Email
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