Research and Markets: Global Hearing Aids Market 2015-2019
July 28 2015 - 3:58AM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/l7f4gh/global_hearing)
has announced the addition of the "Global Hearing Aids Market
2015-2019" report to their offering.
The global hearing aids market to grow at a CAGR of 4.68% during
the period 2014-2019.
Factors such as changing demographics and high prevalence of
hearing loss are driving market growth. The market has witnessed
immense technological advances. These factors, combined with demand
in emerging countries, high adoption rates, and reimbursement
schemes have resulted in the growth of the market.
The 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.
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.
According to the report, the prevalence of hearing loss among
adults aged above 65 is considered to be five times higher than
those aged below 65. As a person ages, the hair cells in the ear
get damaged. This factor and other age-related disorders lead to
hearing loss in most of the elderly individuals. The rising aged
population with impaired hearing is driving the market
globally.
Further, the report states that people with hearing impairment
avoid using expensive hearing aids that have unknown levels of
advantage, or the benefits provided are less than the product cost.
These individuals prefer devices that offer hearing assistance to
their daily lifestyle and are discreet in appearance.
Key Vendors
- G N Store Nord
- Sonova Holdings
- William Demant
Other Prominent Vendors
- Amplifon
- Cochlear Implants
- Med-El
- Rayovac MicroPower Batteries
- Rion
- Sebotek
- Siemens
- Starkey Technologies
- Widex
For more information visit
http://www.researchandmarkets.com/research/l7f4gh/global_hearing
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version on businesswire.com: http://www.businesswire.com/news/home/20150728005694/en/
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