Dallas, Texas (PRWEB) August 03, 2013
The emerging Asia-Pacific markets for hearing aids and audiology devices were valued at over $852 million in 2012.
The total market for hearing devices comprised the wholesale and retail markets for hearing aids, as well as the cochlear implant markets, in India and China. Both India and China are rapidly developing countries, as well as the world’s two largest countries by population. Both population size and strong economic development are strong growth drivers in these markets.
The hearing aid usage penetration rate in the emerging markets region is very low, by the standards set by the U.S. and Western Europe. Low penetration rates, fast developing economies and health care sectors in tandem with massive populations combine to create an environment with tremendous growth potential. Despite obstacles to be overcome, further hearing aids penetration will burgeon into a newly created avenue of growth for the market.
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Scope: This report pertains to a forecast period of 10 years (2009 – 2019) for China and India.
Competitor analysis, identified strategic opportunities, market overview by segment & country, trend analysis by segment & country, market drivers & limiters, mergers & acquisitions & customer feedback and market monitoring.
Main Segments Included:
Wholesale Hearing Aid Market
Retail Hearing Aid Market
Standard hearing aids, hearing aids by circuit type, non-programmable analog hearing aids, cochlear implants, basic dsp hearing aids, economy dsp hearing aids, mid-level dsp hearing aids & premium dsp hearing aids.
Cochlear, William Demant, Hangzhou Huier, Siemens, Widex, Lisound, Starkey, Elkon, Beltone, NHC/Amplifon, Sonova, GN ReSound & MED-EL.
Others: Austar Hearing, NewSound, Independent Hearing Aid Stores, and Public Clinics.
Reasons to Buy:
This report analyzes and evaluates the current state of the market including existing and potential markets, product average selling prices, and unit volumes. The report also highlights the opportunities and a potential hazard involved, and presents strategies for successfully navigating the market landscape. Furthermore, it seeks to identify the trends and technologies that will affect the future of each market segment and prepares an unbiased critical assessment of such market drivers and limiters based on our “bottom up” approach, which includes primary and secondary research methods.
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