Audiology Devices Market Report by Product Type (In-The-Ear, Receiver-in-the-Ear (RITE), Behind-the-Ear (BTE) ) by Technology (Analog, Digital ) by Device (Hearing Aids, Bone Anchored Hearing Aids, Cochlear Implants, Diagnostic Devices, Hearing Protection Devices ) by Application /End User (Retail Chains, Manufacturer Retail, Public Channels )

Audiology Devices Market Report by Product Type (In-The-Ear, Receiver-in-the-Ear (RITE), Behind-the-Ear (BTE) ) by Technology (Analog, Digital ) by Device (Hearing Aids, Bone Anchored Hearing Aids, Cochlear Implants, Diagnostic Devices, Hearing Protection Devices ) by Application /End User (Retail Chains, Manufacturer Retail, Public Channels ) by Industry Analysis, Volume, Share, Growth, Challenges, Trends, and Forecast 2018–2026.

20-July-2018 | Number of pages: 187 | Report Code:PSMR-01118| Report Format : PDF | Status : Published

 

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    • Audiology Devices Market : Summary

    The global audiology devices market is valued at USD 7.3 billion in 2016 and is expected to reach USD 13.4 billion by the end of 2026, growing at a CAGR of 6.3% between 2016 and 2026.
     

    Audiology devices are technologically sophisticated, electronic devices designed to provide treatment for hearing loss. They are considered to be medical devices. They are also used for monitoring or studying hearing. Increasing number of people having hearing loss disorders will drive audiology devices market growth over the forecast timeframe as audiology devices improves hearing ability and enhances quality of life these people. These devices vary on the basis of size, shape, features, and hearing conditions. Audiologists, healthcare industries and service provider are the main customers for these devices.
     

    Technological advancements and product innovation leading to development making audiology devices increasingly smaller in size and more efficient coupled with low cost of device will contribute to the segment growth of audiology devices market. However, high cost of audiology devices with and frequent maintenance and implant surgeries are acting as a barrier for the growth of this market. Hearing aids dominate the audiology devices market as they provide enhanced connectivity, enhanced user friendliness and possess superior comfort.
     

    Europe is the largest audiology devices market in 2016 due to high level of awareness pertaining to the benefits of audiology devices amongst healthcare professionals, well-established healthcare infrastructure. Asia Pacific is expected to register highest growth over the forecast period. The untapped opportunities in emerging countries such as Brazil, China and India with growing health awareness, a large pool of patients, rising purchasing capacity, improvement in healthcare facilities, supportive government initiatives and increasing investments in R&D sector.
     

    Global Audiology Devices Market

     

    Global Audiology Devices Market: Competitive Analysis

    Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study constitutes of following key players in Global Audiology Devices Market:
    • Siemens Healthcare
    • Phonak
    • Starkey Hearing Technologies
    • Serene Innovations
    • William Demant Holding A/S
    • Amplicomms
    • Micro-tech
    • Tremetrics
    • Advanced Bionics
    • Inmedico
    • Benson Medical
    • Geemarc
    • Ambco
    • Sonova Holdings AG
    • Maico
    • Sophono
    • Widex A/S
    • MedRx
    • GN ReSound Group
    • MED-EL
    • Natus
     

    Geographical analysis of Audiology Devices Market :

    • United States
    • China
    • Europe
    • Japan
    • Southeast Asia
    • India