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Hearing Aids : CAGR of 5% by 2018-24 Market | Valued at US$7 bn by 2024-end Primarily Growing Due to Rising Geriatric Population

Press Release - 26 Mar 2018

Global Research and Development News --
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Report Description-
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This research study analyzes the hearing aids market in terms of revenue (US$ Mn). The hearing aids market report comprises an elaborate executive summary, which includes a market snapshot that provides information about various segments of the market. The report also includes key market dynamics, such as drivers, restraints, and opportunities, affecting the demand for hearing aids products globally. Comparative analysis has also been included in the executive summary that resembles the percentage market share of each regions in 2015 and 2024, respectively.
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This report provides in-depth analysis of the hearing aids market. The stakeholders for this report include companies involved in the manufacturing of hearing aids. For providing a snapshot of this market to the stakeholders, executive summary section is included in this report, which summarizes the market size, trends, and competition in different regions.

The market overview section of this report analyzes market dynamics such as drivers, restraints and opportunities that influence the hearing aids market in the current and future scenario. Market share analysis among the market players is analyzed to signify percentage share of the major players operating in the hearing aids market. All these factors will help the market players to decide about the business strategies and plans to strengthen their positions in the global market.


Based on product type, the hearing aids market has been segmented into behind the ear, receiver in the ear, in the ear, and canal hearing aids. Based on end-user, the market has been categorized into pediatric and adult.


Geographically, the hearing aids market has been differentiated into five major regions: North America, Europe, Asia Pacific, Latin America, and Rest of the World. Moreover, analysis for the major countries such as the U.S. Canada, Germany, the U.K., France, Japan, China, and Brazil have also been provided in the report. A detailed qualitative analysis of the factors responsible for driving and restraining the hearing aids market in various regions has been provided in this section.


The report provides market estimation of the hearing aids market in terms of revenue (US$ Mn) for all the segments and sub-segments, with CAGR % for the period from 2016 to 2024, considering 2015 as the base year. Furthermore, the report incorporates market attractiveness analysis, by geography, that depicts the most attractive and significant region in the global market in 2015.


The report concludes with the company profile section, which includes company overview, financial overview, product portfolio, business strategies, and recent developments for market players. Major players profiled in the report include Cochlear Limited, GN ReSound Group, GN Otometrics A/S, Siemens Healthcare, Sonova Holding AG, and Starkey.


The global hearing aids market has been segmented as follows:
– Global Hearing Aids Market, by Product
  • Hearing Aids
  • Behind the Ear (BTE)
  • Receiver in the Ear (RITE)
  • In the Ear (ITE)
  • Canal Hearing Aids (ITC),(CIC), & (IIC)
  • Bone Anchored Hearing Aids (BAHA)


– Global Hearing Aids Market, by End-user
  • Pediatric
  • Adult


– Global Hearing Aids Market, by Geography
  • North America
  • U.S.
  • Canada
  • Europe
  • U.K.
  • Germany
  • France
  • Rest of Europe
  • Asia Pacific
  • China
  • Japan
  • Rest of Asia Pacific
  • Latin America
  • Brazil
  • Rest of Latin America
  • Rest of the World
  • South Africa
  • Russia
  • Rest of Rest of the World
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