Top 3 Trends Impacting the Global Ear-Based Hearing Aids Market Through 2021: Technavio
March 29 2017 - 3:00PM
Business Wire
Technavio’s latest market research report on the global
ear-based hearing aids market provides an analysis on the most
important trends expected to impact the market outlook from
2017-2021. Technavio defines an emerging trend as a factor
that has the potential to significantly impact the market and
contribute to its growth or decline.
This Smart News Release features multimedia.
View the full release here:
http://www.businesswire.com/news/home/20170329005253/en/
Technavio has announced the release of
their 'Global Ear-Based Hearing Aids Market 2017-2021' report.
(Graphic: Business Wire)
Srinivas Sashidhar, a lead analyst from
Technavio, specializing in research on medical devices,
says, “The highest contributor in the ear-based hearing aids market
are behind-the-ear hearing aids. However, it is expected
that in-the-ear hearing aids will gain popularity during the
forecast period.”
Looking for more research from this report? Request a
free sample report
Technavio’s sample reports are free of charge and contain
multiple sections of the report including the market size and
forecast, drivers, challenges, trends, and more.
The top three emerging market trends driving the global
ear-based hearing aids market according to Technavio
heavy industry research analysts are:
- IT application-enabled devices are the
next big trend
- 3D printing technology aid in the
customization of new devices
- Launch of next-generation hearing aid
devices
IT application-enabled devices are the next big trend
With the advancement in technology, the niche market of
ear-based hearing aids devices has seen a technological
transformation. The latest technological advancements in the
product line are likely to improve the quality of living for the
people with hearing loss problems.
The technology update would help in improving the quality of
life and communication in patients. These ear-based hearing aid
devices are developed and modified to keep the patients in sync
with the latest IT-powered world.
3D printing technology aid in the customization of new
devices
3D printing technology is one of the oldest technologies being
used in the medical sector. This technology helped in easing the
manufacturing process of ear-based hearing aid devices. The
audiologist scans the ear with the help of a 3D scanner,
creating an ear impression with the use of lasers. This process
helps the customization of shells. In the early 2000s,
Sonova was the first company to use 3D technology to produce
hearing aid devices. About 98% of the hearing aid devices are
manufactured using Stereo Lithography Printers or SLAs, a type of
3D printer.
“WIDEX is one of the hearing aid companies
that excels in 3D printed ear-based hearing aids. The procedure
involves constructing a three-dimensional image of a patient’s ear
canal before the patient is provided a device,” says Srinivas.
Launch of next-generation hearing aid devices
Lithium-ion chargeable hearing aid devices are the
fastest growing and most promising battery technology offering 40%
enhanced power as compared to conventional rechargeable batteries.
The next generation hearing aid devices are being launched in the
market eliminating the conventional hearing aid devices.
Lithium-ion batteries are expected to last throughout the lifetime
of a hearing aid, even after repeated charging.
In 2016, Phonak, a global brand manufacturer of hearing
instruments and wireless communication solutions, announced the
launch of next generation hearing aid product platform
Belong, which includes lithium-ion rechargeable battery
technology in hearing aids.
Similarly, in November 2016, WIDEX launched a new hearing
aid called Beyond. This receiver-in-the-ear (RITE) style
ear-based hearing aid is expected to provide the outstanding
ability for hearing conversations in difficult listening
environments such as parties and restaurants. The device is
compatible with iPhone hearing aid and connect wirelessly to any
Apple product for direct streaming of phone calls and
entertainment.
Browse Related Reports:
- Global Bone Anchored Hearing Aids
Market 2016-2020
- Global Intelligent Hearing
Protection Devices Market 2016-2020
- Global Surgical Waste Management
Market 2017-2021
Become a Technavio Insights member and access
all three of these reports for a fraction of their original cost.
As a Technavio Insights member, you will have immediate access to
new reports as they’re published in addition to all 6,000+ existing
reports covering segments like cardiovascular
devices, central nervous system, and
in-vitro diagnostics. This subscription nets you
thousands in savings, while staying connected to Technavio’s
constant transforming research library, helping you make informed
business decisions more efficiently.
About Technavio
Technavio is a leading global technology research and
advisory company. The company develops over 2000 pieces of research
every year, covering more than 500 technologies across 80
countries. Technavio has about 300 analysts globally who specialize
in customized consulting and business research assignments across
the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of
bottom-up and top-down approaches, besides using in-house market
modeling tools and proprietary databases. They corroborate this
data with the data obtained from various market participants and
stakeholders across the value chain, including vendors, service
providers, distributors, re-sellers, and end-users.
If you are interested in more information, please contact our
media team at media@technavio.com.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20170329005253/en/
Technavio ResearchJesse MaidaMedia & Marketing ExecutiveUS:
+1 630 333 9501UK: +44 208 123 1770www.technavio.com