Global Hearing Aid Market (Devices & Cochlear Implants): Industry Analysis & Outlook (2016-2020)

DELHI, India - Oct. 10, 2016 - PRLog -- A hearing aid is a device intended to improve hearing and is classified as medical devices in most countries. Any damage to the small sensory cells in the inner ear, called hair cells, can result in hearing loss. The hearing aids are sold through multiple channels such as company-owned stores, hearing aid clinics, big box retailers, and through government agencies. Hearing Loss can be mild to moderate to severe; hearing loss is commonly classified into conductive hearing loss, sensorineural hearing loss and mixed hearing loss.

The competition in the hearing aid industry is becoming aggressive because of the entry of new companies. Entry of Samsung may further lead to cost cutting and pricing pressure which will reduce the profits. The demand too has risen because of an increase in old age population which is more prone to hearing loss. New technologies are providing more flexible and convenient options in the hearing aid category.

As per the report "Global Hearing Aid Market (Devices & Cochlear Implants): Industry Analysis & Outlook (2016-2020)" by Koncept Analytics, the demand for hearing aid market will be driven by are global diabetic population, global ageing population, increasing healthcare expenditure, increase in chronic kidney diseases and increased use of headphones. Some of the noteworthy trends and developments of this industry are growth in cochlear implant segment, development of wireless hearing aid, next generation rechargeable hearing aid and changing trends of distribution channels. However, the expansion of hearing aid market is hindered by low average selling price, threat from new entrants and legal regulations.

The report by Koncept Analytics presents an in-depth analysis of the global market along with market of the US. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. A thorough analysis has been conducted on key market players covering their business overview, product portfolio, financial overview and business strategies.

List of Charts

Hearing Aid Industry Value Chain
Global Hearing Aid Forecast Market by Value (2015-2020)
Global Hearing Aid Market Value by Segment (2015/2020)
Global Hearing Aid Market by Volume (2010-2015)
Global Hearing Aid Market Forecast by Volume (2016-2020)
Global Hearing Aid Market by Region (2010-2015)
Global Hearing Aid Market Forecast by Region (2016-2020)
Global Hearing Aid Market Share by Countries (2015)
Global Hearing Aid Market Share by Distribution Channels (2015)
Global Hearing Devices Market by Region (2015)
Hearing Aid Penetration Rate in Prominent Countries (2015)
Global Cochlear Implant Market by Value (2009-2015)
Global Cochlear Implant Market Forecast by Value (2016-2020)
Global Cochlear Implant Market by Volume (2011-2015)
Global Cochlear Implant Market Forecast by Volume (2016-2020)
Global Cochlear Implant Market by Age (2015)
The US Hearing Aid Market by Volume (2010-2015)
The US Hearing Aid Market Forecast by Volume (2016-2020)
The US Hearing Aid Market Volume by Segment (2010-2015)
The US Hearing Aid Market Forecast Volume by Segment (2016-2020)
The US Hearing Aid Penetration by Degree
European Hearing Aid Market by Distribution Channel (2015)
The UK Hearing Aid Market by Volume (2010-2015)
The UK Hearing Aid Market Forecast by Volume (2016-2020)
The UK Hearing Aid Market by Distribution Channel (2015)
Germany Hearing Aid Market Volume (2010-2015)
Germany Hearing Aid Market Forecast by Volume (2016-2020)
Germany Hearing Aid Market by Distribution Channel (2015)
France Hearing Aid Market by Volume (2010-2015)
France Hearing Aid Market Forecast by Volume (2016-2020)
France Hearing Aid Market by Distribution Channel (2015)
Global Diabetic Population (2006-2015)
Global Ageing Population (2006-2015)
Global Healthcare Expenditure (2007-2015)
Increase in the Chronic Kidney Diseases (2008-2015)
Global Hearing Aid Market Share by Company (2015)
Global Hearing Aid Market Forecast by Company (2020)
Global Cochlear Implant Market Value Share by Company (2015)
Global Diagnostics Instruments Market Share by Company (2015)
The US Independent Market Share by Company (2015)
The US Veteran Affair Market by Company (2015)
The US Retail Market by Company (2015)
Sonova's Sales Share by Segments (2015)
Sonova's Revenue Share by Region (2015)
Sonova's Sales and Net Income (2011-2015)
William Demant Revenue by Segment (2015)
William Demant Revenue by Geography (2015)
William Demant Net Revenue and Net Income (2011-2015)
GN ReSound Revenue by Segment (2015)
GN ReSound Revenue by Geography (2015)
GN Re Sound's Revenues and Net Income (2011-2015)

List of Tables

Market Trend in Share of Distribution Channels (2015/2025)
Comparison of Companies by Segment in Hearing Healthcare Industry

For more Information:

http://www.konceptanalytics.com/Researchreport/global-hearing-aid-market-devices-cochlear-implants-industry-analysis-outlook-2016-2020-16366.aspx

Koncept Analytics

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Mail ID – vikas@konceptanalytics.com

Koncept Analytics is a market research company. We are in the field of Market Research from last 10 Years. We do research in telecommunication, healthcare, pharmaceutical, financial services, energy, technology, real estate, logistics, food & beverages and media sectors. For more information:

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