Boston, MA -- (SBWire) -- 03/07/2022 --Browse 67 market data Tables and 55 Figures spread over 210 Pages, along with in-depth analysis on Global Hearing Aids Market by Product, Types of Hearing Loss, Technology, Patient Group, Distribution Channel, & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Hearing Aids Market Scenario
Hearing loss is characterized as a medical condition where an individual's ability to hear thresholds of 25 decibels (dB) is compromised. Moreover, screening for hearing loss is recommended in adults older than 50-60 years. As more people are screened for hearing loss, the rate of diagnosis is estimated to rise. This factor is further anticipated to bolster the demand for hearing aids.
The evolution of technology in healthcare has significantly developed with respect to hearing aid devices. Presently, these devices can meet the diverse needs of individuals with hearing impairment, in addition to offering comfort. Furthermore, digital hearing aid devices can also decipher the environment and automatically turn on the microphones. Novel technologies also include fall detection. For instance, in 2019, Starkey launched the Livio AI hearing aids capable of detecting when a wearer falls and sending alert messages to selected family members or friends. However, the existence of several cost-effective alternatives to hearing aid devices may hinder the market's growth.
The Global Hearing Aids Market report provides data tables and includes charts and graphs for visual analysis.
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Market Segmentation
Market by Technology
- Digital Hearing Aids
- Conventional Hearing Aids
Market by Product
- Hearing Aid Devices
- Hearing Implants
Market by Patient Group
- Adults
- Pediatrics/Children
Market by Types of Hearing Loss
- Sensorineural Hearing Loss
- Conductive Hearing Loss
Market by Distribution Channel
- Audiology and ENT Clinics
- Pharmacies
- Hospitals
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
Companies Profiled
- RION CO LTD
- SIEMENS AG
- SONOVA
- EXTENET
- AMPLIFON
- HORENTEK
- MED-EL
- SEBOTEK HEARING SYSTEMS LLC
- MICROSON
- STARKEY
- WILLIAM DEMANT
- ARPHI ELECTRONICS PVT LTD
- COCHLEAR LTD
- GN STORE NORD A/S
- ZOUNDS HEARING
- AUDINA HEARING INSTRUMENTS INC
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