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Hearing Aids Market Research Report - Industry Analysis, Size, Share, Growth and Forecast to 2020 - Hexa Research

Due to a rapidly expanding geriatric population, the global hearing aids market may grow at a nearly 4.4% CAGR during the forecast period (2012 to 2020).

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Hearing Aids Market Research Report - Industry Analysis, Size, Share, Growth and Forecast to 2020 - Hexa Research

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  1. Your Catalyst To a Lucrative Business Hearing Aids Market Research Report - Industry Analysis, Size, Share, Growth and Forecast to 2020 - Hexa Research “Due to a rapidly expanding geriatric population, the Global Hearing Aids Market may grow at a nearly 4.4% CAGR during the forecast period.” Due to a rapidly expanding geriatric population, the Global Hearing Aids Market may grow at a nearly 4.4% CAGR during the forecast period (2012 to 2020). The industry stood at around USD 4.6 billion in 2015. Nerve deafness and congenital hearing problems are commonly occurring hearing defects among the elderly. High incidence of hearing problems and partial or full reimbursement for hearing aids are two key factors that drive this industry. At present, the global market is led by technological advancements and innovations. Interestingly, most hearing aids being manufactured nowadays are not only equipped with bluetooth but are aesthetically appealing as well. Surging demand for waterproof & 100% undetectable ones may fuel overall industry growth in the forthcoming years. Products, technologies, and geographies are three parameters based on which the global industry is segmented. Based on products, the categories are ITE (In-The-Ear), RITE (Receiver-In-The-Ear), BTE (Behind- The-Ear), and Canal Hearing Aids. Canal Hearing Aids are further segmented into CIC (Completely-In-Canal), IIC (Invisible-In-Canal), and Invisible-In-Canal. Demand for BTE and ITE is by far the highest because these devices rank high on comfort, are easy to use, and offer excellent connectivity. Browse Details of Report@ https://www.hexaresearch.com/research-report/hearing-aids-industry Follow Us:

  2. Your Catalyst To a Lucrative Business The BTE segment held a more than 55% market share in 2013. Behind-The-Ear aids are used mostly in children and in cases of profound hearing loss. The market for canal hearing aids is anticipated to grow at the highest CAGR till 2020. This segment is driven by popularity of invisible & aesthetically appealing hearing aids and rapidly changing lifestyles. Moreover, high R&D investments could also have a positive impact on these over the forecast period. On the basis of technologies, the global industry is bifurcated into analog and digital. The digital technology segment generated highest revenues in 2013. The market for digital hearing aids is positively influenced by greater relative efficiency and use of wireless technology & bluetooth. Unlike analog hearing aids, the digital ones ensure digital noise reduction and digital speech enhancement. Owing to high performance & efficiency, digital segment may expand at a nearly 5% CAGR from 2012 to 2020. Geographically, the worldwide Hearing Aids Market is categorized into Asia Pacific, North America, Latin America, Europe, and the Middle East & Africa. With a revenue share exceeding 42%, Europe led the overall industry in 2013. Surging income levels in Western Europe and rising cases of hearing impairment are factors that propel regional demand. Most European countries have effective reimbursement policies, which in turn may positively impact the regional market. Asia Pacific can expand rapidly at a CAGR over 4% during the forecast period. This region is fueled by high incidence of age-related hearing disorders among the elderly and improvements in the distribution networks of key companies. Prominent companies operating in the global Hearing Aids Market are William Demand Holdings A/S, Widex A/S, Sonova Holding AG, Benson Hearing, and Siemens Healthcare among others. Siemens recently developed the Silk Primax, which is a Completely-In-Canal (CIC) device that can easily fit in a person’s ear without ear moulds. This device is fitted with a disposable soft & high adaptable silicone click sleeve that provides high comfort to the user all day long. Browse Related Category Market Reports @ https://www.hexaresearch.com/research-category/medical-devices-industry Follow Us:

  3. Your Catalyst To a Lucrative Business Table of Content of Hearing Aids Market Chapter 1. Executive Summary 1.1. Hearing Aids – Industry Summary and Critical Success Factors (CSFs) Chapter 2. Hearing Aids Industry Outlook 2.1. Market Segmentation 2.2. Market Size and Growth Prospects 2.3. Hearing Aid devices Market Dynamics 2.3.1. Market Driver Analysis 2.3.2. Market Restraint Analysis 2.4. Key Opportunities Prioritized 2.5. Industry Analysis - Porter's 2.6. Hearing Aids Market PESTEL Analysis, 2012 Chapter 3. Hearing Aids Product Outlook 3.1. In-The-Ear-Aids( ITE) 3.1.1.In-The-Ear Aids (ITE)Market Estimates and Forecasts, 2012 – 2020 (USD Million) 3.2. Receiver-In-The-Ear Aids (RITE) 3.2.1.Receiver-In-The-Ear Aids (RITE) Market Estimates and Forecasts, 2012 – 2020 (USD Million) 3.3. Behind-The-Ear Aids (BTE) 3.3.1.Behind-The-Ear Aids (BTE)Market Estimates and Forecasts, 2012 – 2020 (USD Million) 3.4. Canal Hearing Aids: In-The-Canal (ITC), Invisible-In-Canal (IIC), Completely-In-Canal (CIC) 3.4.1. In-The-Canal, Invisible-In-Canal, Completely-In-Canal and Forecasts, 2012 – 2020 (USD Million) Chapter 4. Hearing Aids Technology Outlook 4.1. Digital Hearing Aids 4.1.1.Digital Hearing Aids Market Estimates and Forecasts, 2012 – 2020 (USD Million) 4.2. Analog Hearing Aids 4.2.1.Analog Hearing Aids Market Estimates and Forecasts, 2012 – 2020 (USD Million) Chapter 5. Hearing Aids Regional Outlook 5.1. North America 5.1.1.Hearing Aid Market Estimates and Forecasts, by Product, 2012 – 2020 (USD Million) 5.1.2.Hearing Aid Market Estimates and Forecasts, by Technology, 2012 – 2020 (USD Million) 5.2. Europe Follow Us:

  4. Your Catalyst To a Lucrative Business 5.2.1.Hearing Aid Market Estimates and Forecasts, by Product, 2012 – 2020 (USD Million) 5.2.2.Hearing Aid Market Estimates and Forecasts, by Technology, 2012 – 2020 (USD Million) 5.3. Asia Pacific 5.3.1.Hearing Aid Market Estimates and Forecasts, by Product, 2012 – 2020 (USD Million) 5.3.2.Hearing Aid Market Estimates and Forecasts, by Technology, 2012 – 2020 (USD Million) 5.4. RoW 5.4.1.Hearing Aid Market Estimates and Forecasts, by Product, 2012 – 2020 (USD Million) 5.4.2.Hearing Aid Market Estimates and Forecasts, by Technology, 2012 – 2020 (USD Million) Chapter 6. Competitive Landscape 6.1. Benson Hearing 6.1.1.Company Overview 6.1.2.Financial Performance 6.1.3.Product Benchmarking 6.2. GN ReSound Group 6.2.1 Company Overview 6.2.2 Financial Performance 6.2.3 Product Benchmarking 6.2.4 Strategic Initiatives 6.3. MED-EL GmbH 6.3.1.Company Overview 6.3.2.Financial Performance 6.3.3.Product Benchmarking 6.3.4.Strategic Initiatives 6.4. MicroTech 6.4.1.Financial Performance 6.4.2.Product Benchmarking 6.5. Phonak 6.5.1.Company Overview 6.5.2.Financial Performance 6.5.3.Product Benchmarking 6.5.4.Strategic Initiatives 6.6. Siemens Healthcare 6.6.1. inancial Performance 6.6.2. Product Benchmarking 6.6.3.Strategic Initiatives Follow Us:

  5. Your Catalyst To a Lucrative Business 6.7. Sonova Holding AG 6.7.1.Company Overview 6.7.2.Financial Performance 6.7.3.Product Benchmarking 6.7.4.Strategic Initiatives 6.8. Sophono, Inc. 6.8.1.Company Overview 6.8.2.Financial Performance 6.8.3.Product Benchmarking 6.8.4.Strategic Initiatives 6.9. Starkey Hearing Technologies 6.9.1.Company Overview 6.9.2.Financial Performance 6.9.3.Product Benchmarking 6.9.4.Strategic Initiatives 6.10. Widex A/S 6.10.1.Company Overview 6.10.2.Financial Performance 6.10.3.Product Benchmarking 6.10.4.Strategic Initiatives 6.11. William Demant Holdings A/S 6.11.1.Company Overview 6.11.2.Financial Performance 6.11.3.Product Benchmarking 6.11.4.Strategic Initiatives Chapter 7. Methodology and Scope 7.1. Research Methodology 7.2. Research Scope & Assumption 7.3. List of Data Sources Follow Us:

  6. Your Catalyst To a Lucrative Business About Us: Hexa Research is a market research and consulting organization, offering industry reports, custom research and consulting services to a host of key industries across the globe. We offer comprehensive business intelligence in the form of industry reports which help our clients obtain clarity about their business environment and enable them to undertake strategic growth initiatives. Contact Us: Ryan Shaw Hexa Research Felton Office Plaza 6265 Highway 9 Felton, California 95018 United States Phone: +1-800-489-3075 Email: sales@hexaresearch.com Website - http://www.hexaresearch.com/ Visit Our Blog - hexaresearch1.blogspot.com Follow Us:

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