Global Hearing Aids Market Share, Growth, Trends & Forecast Report 2019-2027 - PowerPoint PPT Presentation

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Global Hearing Aids Market Share, Growth, Trends & Forecast Report 2019-2027

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Global Hearing Aids Market by Types of Hearing Loss (Sensorineural Hearing Loss, Conductive Hearing Loss) by Patient Type (Adults, Pediatrics) by Products (Hearing Aid Devices, Receiver-in-the –ear, Behind the Ear, Canal, in-the-ear, Other Hearing Device) by Hearing Implants (Cochlear Implants, Bone-anchored Systems) & by Geography. – PowerPoint PPT presentation

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Title: Global Hearing Aids Market Share, Growth, Trends & Forecast Report 2019-2027


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HEARING AIDS MARKET
FORECAST 2019-2027
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  • The global hearing aid market is expected to rise
    with a CAGR of 5.42 over the forecast period of
    2019-2027.
  • The market is prospering on account of factors
    like global increase in the elderly population,
    increased use of binaural fittings and
    technological advancements in hearing aids.

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  • The global hearing aid market segmentation is
    done on the basis of patient types, hearing loss
    types and products.
  • The patients in this market are generally adults
    and paediatrics. The hearing loss can be a
    sensorineural hearing loss or a conductive
    hearing loss.
  • The product segment of the market is sub-divided
    into hearing aid devices and hearing implants.
  • Opportunities like the incorporation of
    lithium-ion batteries in hearing aids and high
    prevalence of hearing loss in emerging countries
    are propelling this markets growth.
  • However, the market is facing challenges in terms
    of competition from cochlear implants and
    reimbursement issues.

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The Global hearing aids market is anticipated to
grow at a CAGR of 5.42 between 2019 and 2027.
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The leading companies in this market are Amplifon
Hearing Health Care, Arphi Electronics Pvt. Ltd,
Audina Hearing Instruments, Cochlear Ltd, Gn
Store Nord, Horentek, Med-El, Microson, Rion Co.,
Ltd., Sebotek Hearing Systems, Siemens Ag, Sonova
Holding Ag, Starkey Hearing Technologies, William
Demant Holding A/S and Zounds Hearing Inc.
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