Global Hearing Aids Market 2015-2019

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Transcript of Global Hearing Aids Market 2015-2019

Page 1: Global Hearing Aids Market 2015-2019

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Global Hearing Aids Market 2015-2019

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Covered in this Report

• The report covers the present scenario and the growth prospects of the global hearing aids market for the period 2015-2019.

• Technavio's report, Global Hearing Aids Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.

• The report covers APAC, EMEA, and the Americas; it also covers the global hearing aids market landscape and its growth prospects over the coming years.

• The report also includes a discussion of the key vendors operating in this market.

Global Hearing Aids Market 2015-2019

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Market Overview• Hearing aids are devices that amplify sound.

• Hearing aids cannot restore the normal functioning of the ear, only improve the perception of sound in people with hearing impairment.

• Untreated hearing loss causes embarrassment, social stress, tension, and fatigue.

• According to the American Speech-Language-Hearing Association, hearing loss is associated with conditions such as dementia.

• The majority of the people with hearing impairment can be treated with hearing aids.

• Technavio's analysts forecast the global hearing aids market to grow at a CAGR of 4.68% during the period 2014-2019.

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Key Vendors and Regions

• G N Store Nord

• Sonova Holdings

• William Demant

• Amplifon

• Cochlear Implants

• Med-El

• Rayovac MicroPower Batteries

View Our Report: Global Hearing Aids Market 2015-2019

• Americas

• APAC

• EMEA

Vendors Regions

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Key Findings

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• Currently, the market is characterized by new-generation technologies.

• ReSound LiNX2 by GN Store Nord allows users to stream phone and FaceTime calls, geo-tag favorite locations, and discretely customize audio settings directly through the ReSound Smart App on a smartphone.

• The availability of more appealing, comfortable, efficient, and less stigmatic neck worn hearing aids in the market is increasing.

• Vendors differentiate their new products in terms of designs, shapes, and connectivity.

• These innovative devices enhance hearing and also allow the user to stay connected to devices such as an MP3 player, television, and smartphone.

• Many individuals avoid using traditional hearing aids because of the social stigma.

• Researchers are working on microphones that will improve the hearing experience.

• The NIDCD-supported researchers are studying the fly Ormia ochracea as a model to design miniature directional microphones for hearing.

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Key Questions Answered in Our Report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

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• Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from Technavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.

About Technavio

Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo

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