Market Overview

Audiology Devices: Worldwide Market Analysis 2017-2018 and Forecast to 2026 - A ~$17 Billion Opportunity - ResearchAndMarkets.com

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The "Audiology
Devices - Global Market Outlook (2017-2026)"
report has been
added to ResearchAndMarkets.com's offering.

According to the report, the Global Audiology Devices market accounted
for $8.32 billion in 2017 and is expected to reach $16.98 billion by
2026 growing at a CAGR of 8.2%.

Growing geriatric population coupled with increasing prevalence of
hearing disorders, favorable government initiatives, increased R&D to
develop innovative hearing aids, congenital disability, infectious
disease, chronic ear infection and usage of drugs are some key factors
boosting the market growth.

However, inadequate reimbursement, development of new product with high
efficiency and more shelf life are hampering the market scope. In
addition, technological improvements in hearing aids will be one of the
main trends that will expand traction for the market during the forecast
period.

North America dominates the global market followed by Europe. Owing to
the rising occurrence of hearing disorders in children and adults, the
demand and acceptance of hearing aids will increase gradually in the
coming years in this region. Additionally, the increasing consumer
awareness about hearing loss and aids and fast technological
advancements in hearing aid devices, will also contribute the growth of
the market in this region.

Among products, the cochlear implants segment is likely to witness
highest share over the forecast period.

Key Topics Covered

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porter's Five Forces Analysis

5 Global Audiology Devices Market, By Technology

6 Global Audiology Devices Market, By Product

7 Global Audiology Devices Market, By Disease Type

8 Global Audiology Devices Market, By End-User

9 Global Audiology Devices Market, By Geography

10 Key Developments

11 Company Profiling

  • William Demant
  • Starkey Hearing Technologies
  • Sonova
  • Medtronic
  • WIDEX
  • Sivantos
  • Otometrics (acquired by Natus Medical)
  • Nurotron Biotechnology
  • Microson
  • MED-EL
  • Interacoustics
  • GN Hearing
  • Frye Electronics
  • ExSilent
  • Cochlear
  • Benson Medical Instruments
  • Audina Hearing Instruments

For more information about this report visit https://www.researchandmarkets.com/research/6p87b4/audiology?w=4

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