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Global Hearing Aid Market: Industry Analysis & Outlook (2017-2021)

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The report “Global Hearing Aid Market: Industry Analysis & Outlook (2017-2021)” by Koncept Analytics provides an extensive research and detailed analysis. For more mail: vikas@konceptanalytics.com – PowerPoint PPT presentation

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Title: Global Hearing Aid Market: Industry Analysis & Outlook (2017-2021)


1
Industry Research by Koncept Analytics
Global Hearing Aid Market Industry Analysis
Outlook -----------------------------------------
(2017-2021)
August 2017
2
Executive Summary
Hearing loss, also known as hearing impairment,
is a medical condition in which a person becomes
partially or totally unable to hear sounds. It
can occur in both or one ear of a person and can
be temporary or permanent. Normal hearing ability
of a person ranges from 0 dB to 20 dB in all
frequencies but when a person is suffering from
hearing loss, the range of hearing varies from 16
dB to more than 90 dB. Hearing aid, also known as
deaf aid, is a device used for improving the
hearing capability of person suffering with
hearing loss. It is a small sound amplifying
electronic device which is placed around or
inside the ear of the user. It is the most common
treatment for hearing loss and consists of three
components that include microphone, amplifier and
speaker. Microphone converts the received sound
waves into electronic signals and then transmits
these electric signals to the amplifier. Once the
amplifier receives the signals, it intensifies
these signals and sends them to the speaker which
converts these electric signals into audible
acoustic waves. EMEA region is a major
contributor to the global hearing aid market,
supported by increased cases of hearing
disorders. North America is likely to experience
further growth of hearing aid market with
increasing awareness and adoption of hearing
aids among people and rising technological
advancements. The global market is expected to
grow in future due to rising prevalence of
hearing loss, increasing ageing population and
life expectancy, rising disposable income and
healthcare expenditure. Key trends of this market
include increasing usage of headphones, growing
adoption of hearing aids and binaural fittings.
However, there are some factors which can hinder
growth of the market including decreasing average
selling price of hearing aid and lack of hearing
health professional. The report Global Hearing
Aid Market Industry Analysis Outlook
(2017-2021) by Koncept Analytics provides an
extensive research and detailed analysis of the
present market along with future outlook. The
report discusses the major growth drivers and
challenges of the market, covering North America,
EMEA and APAC along with the global market. The
report profiles the key players of the market
including Sonova, GN Store Nord, William Demant
and Amplifon.
3
Growth of global hearing aid market is expected
to be driven by increasing prevalence of hearing
loss and ageing population..
Global Hearing Aid Market Forecast by Value
(2016-2021)
  • Global traditional hearing aid market value is
    expected to reach US.. billion in the year 2021,
    increasing from US.. billion in the fiscal year
    2016 at a CAGR of .. and global OTC hearing
    aid market value is likely to reach US ..billion
    in 2021.
  • By the year 2021, global hearing aid market
    volume is expected to reach ..million units,
    increasing from ..million unit in 2017.
  • In year 2016, EMEA held the largest share of ..
    of the global hearing aid market volume followed
    by North America with a share of ...

Global Hearing Aid Market Volume by Region (2016)
Global Hearing Aid Market Forecast by Volume
(2017-2021)
4
Growth of North American hearing aid market is
likely to be driven by increasing technological
advancements in hearing aid industry and rising
patient awareness..
EMEA Hearing Aid Market Forecast by Volume
(2017-2021)
  • EMEA hearing aid market volume is expected to
    reach ..million units in the year 2021,
    increasing from ..million units in the fiscal
    year 2017, at a CAGR of ...
  • By the year 2021, North American hearing aid
    market volume is expected to reach ..million
    units, increasing from ..million units in 2017,
    growing at a CAGR of ...
  • In year 2021, APAC hearing aid market volume is
    expected to reach ..million units, increasing
    from ..million units in 2017, at a CAGR of ...

APAC Hearing Aid Market Forecast by Volume
(2017-2021)
North America Hearing Aid Market Forecast by
Volume (2017-2021)
5
For Report Purchase Click Below http//www.koncep
tanalytics.com/Researchreport/global-hearing-aid-m
arket-industry-analysis-outlook-2017-2021-24453.as
px
Disclaimer
Contact Us
This is a licensed product of Koncept Analytics.
You cannot reproduce, publish, distribute,
publicly display, sell or create other works from
this report or use them in any way for commercial
purpose without our prior permission. Further,
you cannot copy this material, by any means
(including electronic copies), for distribution
to others unless you have purchased the corporate
license of this report. We believe the sources
are reliable, but Koncept Analytics does not
warranty the accuracy or completeness of the
data. The data presented in the report is updated
at the publication date but is subject to change
at subsequent releases. All possible efforts have
been made to ensure accuracy of data. However,
investors should not completely rely on the
information given in this report and must make
decisions based on their own investment strategy,
risk management and capital adequacy.
Koncept Analytics CS-36, First Floor, Ansal
Plaza Vaishali, Ghaziabad, U.P. 201010 T
91-120-4130959 M 91-9811715635
vikas_at_konceptanalytics.com
www.konceptanalytics.com
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