According to the latest market report published by Persistence Market Research titled “Hearing Aids Market: Global Industry Analysis and Forecast, 2016–2024,” the global hearing aids market was valued at US$ 7,800.0 Mn in 2015 and is anticipated to register a CAGR of 3.9% from 2016–2024, to reach US$ 10.91 Bn by 2024.
Hearing aids are used for the treatment of profound hearing loss. Disabling hearing loss refers to hearing loss greater than 40 decibels (dB) in the better hearing ear ... Read more
A hearing aid is a device that is designed to help a person with hearing loss by making sound audible for them. Early devices are being replaced with modern hearing aids that are easy-to-use and compact. New technology is being introduced to offer a natural quality of sound without any disturbance.
Next-generation of hearing aids are being developed to tackle the common problem of current hearing aids. New hearing aids equipped with smart sensors are being introduced offer ... Read more
Technological advancement in medical devices is an underlining factor boosting the popularity of such devices amongst users. Higher prevalence of congenital disability and the global rise in geriatric population are two of the major reasons that are influencing the demand for medical devices with higher efficiency.
Amongst various medical devices available in the market hearing aid devices are one of the common types of medical device which are ... Read more
Technological advancement in medical devices is an underlining factor boosting the popularity of such devices amongst users. Higher prevalence of congenital disability and the global rise in geriatric population are two of the major reasons that are influencing the demand for medical devices with higher efficiency.
Amongst various medical devices available in the market hearing aid devices are one of the common types of medical device which are ... Read more
In the last few years, technological developments in the healthcare sector has helped in increasing the life span of people by providing them better and effective health care. Moreover, large number of geriatric population in developed countries who are susceptible to have hearing problem due to old age has also increased the demand for this market. Nowadays, government in developing economies is also providing better and enhanced ... Read more
According to the new market research “Hearing Aids Market by Product (Receiver In The Ear, Behind The Ear, In The Ear, In The Canal Hearing Aids, Cochlear Implant, BAHA implant), Types of Hearing Loss (Sensorineural, Conductive Hearing loss) & Patient (Adult, Pediatric) - Forecast to 2022", The hearing aids market is expected to reach USD 9.78 Billion by 2022 ... Read more
Factors such as high prevalence of hearing loss, rising geriatric population, and technological advancements in hearing aids are driving the global market. This report segments the hearing aids market, type of hearing loss, patient type, and region. Based on the product, the market is segmented into hearing aid devices and hearing implants. The hearing aid devices segment is expected to account ... Read more
A hearing aid is a device that is designed to help a person with hearing loss by making sound audible for them. Early devices are being replaced with modern hearing aids that are easy-to-use and compact. New technology is being introduced to offer a natural quality of sound without any disturbance. Next-generation of hearing aids are being developed to tackle the common problem of current hearing aids. New hearing aids equipped with smart sensors are being introduced offer convenience to the ... Read more
According to the new market research report "Hearing Aids Market by Product (Receiver In The Ear, Behind The Ear, In The Ear, In The Canal Hearing Aids, Cochlear Implant, BAHA implant), Types of Hearing Loss (Sensorineural, Conductive Hearing loss) & Patient (Adult, Pediatric) - Forecast to 2022", published by ... Read more
The global hearing aids market is projected to reach USD 9.78 Billion by 2022 from USD 6.97 Billion in 2017, at a CAGR of 7.0%.
The high prevalence of hearing loss, rising geriatric population, and technological advancements in hearing aids are the factors driving the growth of the market.
Product launches accounted for the largest ... Read more
Technological advancement in medical devices is an underlining factor boosting the popularity of such devices amongst users. Higher prevalence of congenital disability and the global rise in geriatric population are two of the major reasons that are influencing the demand for medical devices with higher efficiency.
Amongst various medical devices available in the market ... Read more
The global hearing aids market depicts a largely oligopolistic vendor landscape, notices Transparency Market Research (TMR). The presence of only six players makes the market’s competitive landscape fiercely consolidated. Although, the level of competition is extremely high in the global hearing aids market as these countable number of players ... Read more
The global hearing aids market depicts a largely oligopolistic vendor landscape, notices Transparency Market Research (TMR). The presence of only six players makes the market’s competitive landscape fiercely consolidated. Although, the level of competition is extremely high in the global hearing aids market as these countable number of players ... Read more
According to MRFR analysis, the global hearing aids market is expected to register a CAGR of ~7% during the forecast period of 2019 to 2025 and was valued at USD 8 billion in 2018.
A hearing aid is an electronic device which amplifies sound so that a person with hearing loss can listen, participate in daily activities, and communicate with others. The three basic parts of a hearing aid are a speaker, an amplifier, and a microphone.
A hearing aid refers to an electronic device that amplifies sound so that a person with hearing loss can listen and communicate in day-to-day activities. The three basic elements of a hearing aid are a speaker, a microphone, and an amplifier. The global hearing aids market is set to attain a CAGR of 7% and hold a valuation of USD 10.2 Billion.
