Hearing Devices Segment to lead Global Hearing Aids Market: Fortune Business Insights

1
Hearing Aids Market Size, Share Industry
Analysis, By Product (Hearing Devices, Hearing
Implants), By Patient Type (Adult, Pediatric), By
Distribution Channel (OTC (Over the Counter),
Medical Channel/ Hospital Pharmacies, Private
Practice/ Retail Pharmacies) and Regional
Forecast, 2019-2026
Buy Now
Sample PDF
Get Discount
Published Date April 2019 Report Format PDF
Region Global Base Year 2018
2
Hearing Aids Market Size, Share Industry
Analysis, By Product (Hearing Devices, Hearing
Implants), By Patient Type (Adult, Pediatric), By
Distribution Channel (OTC (Over the Counter),
Medical Channel/ Hospital Pharmacies, Private
Practice/ Retail Pharmacies) and Regional
Forecast, 2019-2026
Report Highlights The worlds first Healthable
hearing aid namely Livio AI was reinvented by
Starkey Hearing Technologies in August 2018. This
updated hearing aid will run on AI and integrated
sensors and is the first device to trace
cognitive health and physical activity as
measured by hearing aid for utilizing in social
situations. Such innovations are likely to bode
well for the global hearing aids market predicts
Fortune Business Insights in their recent report
titled, Hearing Aids Market Size, Share
Industry Analysis, By Product (Hearing Devices,
Hearing Implants), By Patient Type (Adult,
Pediatric), By Distribution Channel (OTC (Over
the Counter), Medical Channel/ Hospital
Pharmacies, Private Practice/ Retail Pharmacies)
and Regional Forecast, 2019-2026. According to
the report, the market was valued at USD 8.39
Billion in 2018 and is anticipated to reach USD
14.45 Billion by the end of 2026. The forecast
period is set from 2019 to 2026 and the market is
expected to rise at a CAGR of 7.2.
3
Hearing Aids Market Size, Share Industry
Analysis, By Product (Hearing Devices, Hearing
Implants), By Patient Type (Adult, Pediatric), By
Distribution Channel (OTC (Over the Counter),
Medical Channel/ Hospital Pharmacies, Private
Practice/ Retail Pharmacies) and Regional
Forecast, 2019-2026
Hearing Devices Segment to Lead Market due to
Cost-Efficient Feature The report is based on
primary and secondary research methods and
provides an in-depth global hearing aids market
analysis. The report covers all important aspects
of the market such as growth drivers, restraints,
trends, and opportunities. It also lists the
profile of the companies operating in the hearing
aid market with key insights that will help these
vendors strategize for better revenue generation
in the forecast duration. Increasing number of
ENT Clinics to Boost Market The major factor
promoting the growth of the market is the rising
prevalence of hearing disorders among people. A
study conducted by the World Health Organization
in 2019 stated an estimate of about 900 million
people worldwide who are likely to suffer from
hearing loss by the end of 2050. The study also
states about 1.1 billion people within the age
group of 12 to 35 years are prone to hearing
impairment because of exposure to noise in
recreational settings. Such statistics clearly
indicate the benefit of the global market in the
near future. Browse Complete Report
Details https//www.fortunebusinessinsights.com/i
ndustry-reports/hearing-aids-market-101573
4
Hearing Aids Market Size, Share Industry
Analysis, By Product (Hearing Devices, Hearing
Implants), By Patient Type (Adult, Pediatric), By
Distribution Channel (OTC (Over the Counter),
Medical Channel/ Hospital Pharmacies, Private
Practice/ Retail Pharmacies) and Regional
Forecast, 2019-2026
Additionally, the number of aging population in
nations such as Germany, France, and UK are
expected to promote the market in Europe and help
this region grow significantly in the forecast
period. On the other side, the surge in
disposable incomes of people across Asia Pacific
is estimated to boost the hearing aids market in
China and India. The rise in awareness about
hearing disorders and the availability of cures
and devices for improving hearing ability will
help the market in the region grow rapidly. Top
Players Mentioned Fortune Business Insights puts
light on some of the players operating in the
global hearing aid market. These
include Sivantos Pte. Ltd. Cochlear
Ltd. Sonova Starkey MED-EL GN Store Nord
A/S Widex A/S
5
Hearing Aids Market Size, Share Industry
Analysis, By Product (Hearing Devices, Hearing
Implants), By Patient Type (Adult, Pediatric), By
Distribution Channel (OTC (Over the Counter),
Medical Channel/ Hospital Pharmacies, Private
Practice/ Retail Pharmacies) and Regional
Forecast, 2019-2026
About Us Fortune Business Insights offers expert
corporate analysis and accurate data, helping
organizations of all sizes make timely decisions.
We tailor innovative solutions for our clients,
assisting them to address challenges distinct to
their businesses. Our goal is to empower our
clients with holistic market intelligence, giving
a granular overview of the market they are
operating in.    Our reports contain a unique mix
of tangible insights and qualitative analysis to
help companies achieve sustainable growth. Our
team of experienced analysts and consultants use
industry-leading research tools and techniques to
compile comprehensive market studies,
interspersed with relevant data.    Phone US 1
424 253 0390 UK 44 2071 939123 APAC 91 744
740 1245 Email sales_at_fortunebusinessinsights.com