Rising Hearing Disability Cases Opening Platform for Technological Advancements in Hearing Aid Industry: Ken Research - PowerPoint PPT Presentation

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Rising Hearing Disability Cases Opening Platform for Technological Advancements in Hearing Aid Industry: Ken Research

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The Hearing Aid market analysis is provided for the international market including development history, competitive landscape analysis, and major regions' development status. – PowerPoint PPT presentation

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Title: Rising Hearing Disability Cases Opening Platform for Technological Advancements in Hearing Aid Industry: Ken Research


1
Rising Hearing Disability Cases Opening Platform
for Technological Advancements in Hearing Aid
Industry Ken Research
2
Ken Research has recently announced latest
publication titled Global Hearing Aid Industry
Situation and Prospects Research Report 2017
which aims at provides in-depth market analysis,
information and insights into the global hearing
aid industry. It describes Global Hearing Aid
Industry's growth prospects by segment and
category and outlines a comprehensive overview of
the global and local demographics.
3
It further provides the detailed competitive
setting, distribution channels and regulatory
policies in global hearing aid industry.
Hearing aid industry deals with the designing,
manufacturing and production of the product for
the people that are suffering from the hearing
impairments. This industry caters to the need of
people suffering from partial deafness,
distortion in hearing and one eared deafness
through the hearing devices for the same. The
amount of benefit a hearing aid delivers depends
in large part on the quality of its fitting.
Devices similar to hearing aids include the
hearing aid, and cochlear implant. There are
various types of hearing devices such as Body
worn aids, behind the ear aids, in the ear aids,
Invisible in canal hearing aids, extended wear
hearing aids and Open-fit devices.
4
The global hearing aids market was valued at USD
4.5 billion in 2015 and is predicted to grow with
a CAGR of 4.3 over the forecast period of 2024.
Usage of earphones and headphones for a longer
period of time is one of the reasons which reduce
the hearing power. Thus, the global hearing aid
industry is on the verge of catering to more
people that would be suffering from the hearing
problem. The other reasons for increased hearing
disability is due to the genetic factors as the
offspring of people who are surrounded y the
noise environment might also carry the same genes
and the rest are the people whose hearing ability
get decreased due to the growing age.
5
  • The major challenge that these companies would be
    facing is the humanizing of their products
    because of the increased social stigma most of
    the consumers need their hearing devices to be
    small and handy so that it appears as a part of
    them only so as to reduce the social awkwardness.
  • Key Players
  • The key players in the global hearing aid
    industry are Starkey, William Demant, Sonov,
    Siemens, GN Resound, Widex, Hansaton.
  • Conclusion
  • Therefore the growth in global hearing aid
    industry is due to the increased noise pollution
    due to increased number of cars and heightened
    growth of industrial and domestic construction.

6
The other reasons are the increased use of
headphones, genetic factors and thee natural
hearing loss in some people due to increased age.
The challenge of the global industry is to more
humanize their product according to the demand
and expectations of the population. Key topics
covered in report Global Hearing Aid Industry
Research Hearing Aid Market Research Hearing
Aid Market Future Outlook Global Hearing Aid
Industry Competition Global Hearing Aid Demand
Trends North America Hearing Aid Market
Revenue Europe Hearing Aid Market Size China
Hearing Aid Industry Research Japan Hearing Aid
Market Research
7
For more coverage click on the link
below https//www.kenresearch.com/consumer-produc
ts-and-retail/consumer-electronics/hearing-aid-pro
spects/86858-95.html Related Links https//www.ke
nresearch.com/healthcare/medical-devices/global-he
aring-aids-devices-status/88522-91.html https//w
ww.kenresearch.com/healthcare/medical-devices/hear
ing-aid-devices-medical-devices-pipeline-assessmen
t-2016/54166-91.html
8
Contact Ken Research Ankur Gupta, Head
Marketing Communications query_at_kenresearch.com
91-124-4230204
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