Medical Devices

Global Hearing Aids Market 2015-2019

  • TEC250694
  • 60 Pages
  • June 2015
  • Medical Devices
About Hearing Aids

Hearing aids are devices that amplify sound. Hearing aids cannot restore the normal functioning of the ear, only improve the perception of sound in people with hearing impairment. Untreated hearing loss causes embarrassment, social stress, tension, and fatigue. According to the American Speech-Language-Hearing Association, hearing loss is associated with conditions such as dementia. The majority of the people with hearing impairment can be treated with hearing aids.

Factors such as changing demographics and high prevalence of hearing loss are driving market growth. The market has witnessed immense technological advances. These factors, combined with demand in emerging countries, high adoption rates, and reimbursement schemes have resulted in the growth of the market.

Technavio's analysts forecast the global hearing aids market to grow at a CAGR of 4.68% during the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the global hearing aids market for the period 2015-2019.

Technavio's report, Global Hearing Aids Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, EMEA, and the Americas; it also covers the global hearing aids market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Geographies
Americas
APAC
EMEA

Key Vendors
G N Store Nord
Sonova Holdings
William Demant

Other Prominent Vendors
Amplifon
Cochlear Implants
Med-El
Rayovac MicroPower Batteries
Rion
Sebotek
Siemens
Starkey Technologies
Widex

Market Driver
Changing Demographics
For a full, detailed list, view our report

Market Challenge
Need for Skilled Dispensers in Developing Countries
For a full, detailed list, view our report

Market Trend
Innovations in Technology
For a full, detailed list, view our report

Key Questions Answered in this Report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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