Press release
Rapid Urbanization and Improving Healthcare Access Driving Global Hearing Aids Market a High CAGR by 2023
A hearing aid is an electronic device that amplifies the sound resulting in the production of clear sound for the user. These are largely deployed for people who suffer from hearing loss and impairment. The global hearing aids market is gaining popularity owing to the rising technological innovations and increased demand for aesthetic designs of the devices. While the market is considered to be influenced by factors such as technological advancements and pricing pressures, a notable growth is anticipated during the analysis period.
The market is primarily driven by advancements such as wireless devices, Bluetooth and the continuous advent of new aesthetic designs. Other key factors driving the market are rising aging population, improved diagnosis and increasing awareness. However, the major restraints to the market are the high cost of these devices and limited reimbursement.Few of the key strategies adopted by leading players in the market are acquisitions and product launches. This is more evident from the recent acquisition of Germany-based, Hansaton Akustik GmbH by Sonova Holding AG on April 16, 2015. This acquisition is purely intended to expand the existing product portfolio and develop a multi-brand repute of the acquirer.
The patient convenience along with audiologists acceptance of these devices are the leading challenges in the market. Moreover, redefining the innovation roadmap for hearing aids is the key challenge for device makers. However, emerging economies such as BRICS, with rapid urbanization and improving healthcare access, provide high growth potential and lucrative market opportunities for the device makers. In addition, the introduction of new product formats and multi-brand strategies are likely to offer great opportunities in the future.
Get sample copy of this report @
https://www.alliedmarketresearch.com/request-toc-and-sample/1445
To provide a detailed market assessment, the report segments the hearing aids market on the basis of types, technology and geography. Based on type, the market is segmented into in-the-ear aids (ITE), behind-the-ear aids (BTE), receiver-in-the-ear aids (RITE) and canal hearing aids. On the basis of technology, the market is segmented into digital and analog hearing aids. The report covers a geographic breakdown and a detailed analysis of each of the aforesaid segments across North America, Europe, Asia Pacific, and LAMEA.
Top Key Players :
•
• Siemens AG
• Sonova Holding AG
• William Demant Holding A/S
• GN Resound
• Widex A/S
KEY MARKET SEGMENTS:
The global hearing aids market segmentation is illustrated below:
Hearing Aids Market By Type
• In-the-ear aids( ITE)
• Receiver-in-the-ear aids (RITE)
• Behind-the-ear aids (BTE)
• Canal hearing aids
• In-the-canal (ITC)
• Invisible-in-canal (IIC)
• Completely-in-canal (CIC)
Hearing Aids Market By Technology
• Digital hearing aids
• Analog hearing aids
Send Enquiry on this report @
https://www.alliedmarketresearch.com/purchase-enquiry/1445
About Us:
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
The market is primarily driven by advancements such as wireless devices, Bluetooth and the continuous advent of new aesthetic designs. Other key factors driving the market are rising aging population, improved diagnosis and increasing awareness. However, the major restraints to the market are the high cost of these devices and limited reimbursement.Few of the key strategies adopted by leading players in the market are acquisitions and product launches. This is more evident from the recent acquisition of Germany-based, Hansaton Akustik GmbH by Sonova Holding AG on April 16, 2015. This acquisition is purely intended to expand the existing product portfolio and develop a multi-brand repute of the acquirer.
The patient convenience along with audiologists acceptance of these devices are the leading challenges in the market. Moreover, redefining the innovation roadmap for hearing aids is the key challenge for device makers. However, emerging economies such as BRICS, with rapid urbanization and improving healthcare access, provide high growth potential and lucrative market opportunities for the device makers. In addition, the introduction of new product formats and multi-brand strategies are likely to offer great opportunities in the future.
Get sample copy of this report @
https://www.alliedmarketresearch.com/request-toc-and-sample/1445
To provide a detailed market assessment, the report segments the hearing aids market on the basis of types, technology and geography. Based on type, the market is segmented into in-the-ear aids (ITE), behind-the-ear aids (BTE), receiver-in-the-ear aids (RITE) and canal hearing aids. On the basis of technology, the market is segmented into digital and analog hearing aids. The report covers a geographic breakdown and a detailed analysis of each of the aforesaid segments across North America, Europe, Asia Pacific, and LAMEA.
Top Key Players :
•
• Siemens AG
• Sonova Holding AG
• William Demant Holding A/S
• GN Resound
• Widex A/S
KEY MARKET SEGMENTS:
The global hearing aids market segmentation is illustrated below:
Hearing Aids Market By Type
• In-the-ear aids( ITE)
• Receiver-in-the-ear aids (RITE)
• Behind-the-ear aids (BTE)
• Canal hearing aids
• In-the-canal (ITC)
• Invisible-in-canal (IIC)
• Completely-in-canal (CIC)
Hearing Aids Market By Technology
• Digital hearing aids
• Analog hearing aids
Send Enquiry on this report @
https://www.alliedmarketresearch.com/purchase-enquiry/1445
About Us:
Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1?855?550-5975
help@alliedmarketresearch.com
Web: www.alliedmarketresearch.com
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