Audiology Devices Market to reach $13bn by 2023

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Audiology Devices Market revenue to grow at 5.8
from 2016 to 2023 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
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Key Insights from Audiology Devices Market

• Global Audiology Devices Market size is projected
  to surpass USD 13.4 billion at a growing CAGR of
  over 5.5 from 2016 to 2023, as per the new study
  based comprehensive research report by Global
  Market Insights Inc.
• The report contents comprise of market size and
  characteristics, key market participants, current
  trends, competitive scenario, growth estimates
  for the predicted time frame as well as key
  success and risk factors.
• Industry Outlook Audiology includes diagnosis,
  prevention and treatment of hearing disorders,
  including nerve deafness and congenital hearing.
  Rising occurrence of deafness, especially among
  the global geriatric population is a key driving
  factor.
• Patients can regain their communicating ability
  and through the audiology devices. Technology
  advancement and aesthetically appealing devices
  are likely to boost the demand growth.

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Continued...

• The advent of technology like the introduction of
  DSP (Digital signal processing) may open new
  market avenues. Adoption of this technology has
  proved to be a boon for the hearing impaired
  population by expanding applications.
• Hearing aids is the largest industry segment. The
  majority of manufacturers is striving to launch
  visibly hidden aids and miniature sized
  behind-the-ear products.
• Rising population of senior citizens is likely to
  prove crucial in demand growth. Developing
  innovations that incorporate superior
  functionality by means of wireless technology are
  likely to further demand. Cochlear implants
  market size is anticipated to grow over USD 3.5
  billion in revenue during the forecast time
  frame.
• Report covers profiles of key participants in the
  global audiology devices market. William Demant,
  Sonova, Siemens and GN Resound, Starkey Hearing
  Technologies, Widex A/S are some of the key
  players in the market.

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UK Hearing Aids Market Size, By Product,
2012-2023 (USD Million)

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Devices Market _at_ http//bit.ly/2moHNzQ
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