Audiological Devices Market 2019 Demand for Esthetic Hearing Aids Drives the Growth, Says a Report at ReportsnReports.com
Dallas,TX (PRWEB) December 15, 2014 -- The increase in prevalence of disabling hearing loss in the aging population is one of the main factors which is contributing to the growth in the global audiological market. Devices which are used for the diagnosis and treatment of hearing loss and balance disorders are known as audiological devices. An audiological device comprises of three parts - microphone, speaker and amplifier. The global market is expected to grow at a compound annual growth rate of 6.01% during the period from 2014 to 2019. Some of the factors which are driving the global audiological devices market are high prevalence of deafness in all ages, increase in demand for esthetic hearing aids and advancement in technology.
Key players in the global audiological devices market are Cochlear Ltd., Sonova Holdings AG, Siemens Healthcare, Widex A/S, Starkey Hearing Technologies, and William Demant Holdings A/S. Other important vendors in the market are Beltone, GN ReSound Group, SeboTek Hearing Systems, and Bernafon. Some of the emerging trends in the global audiological devices market are introduction of wireless and waterproof hearing devices, and untapped growth opportunities in emerging countries. The global audiological devices market can be segmented into hearing aids, cochlear implants, diagnostic devices (audiometers, tympanometers, and otoscopes) and bone-anchored hearing aids (BAHA). Hearing aids can be further classified as in-the-ear (ITE) hearing aids, behind-the-ear (BTE) hearing aids, in-the-canal (ITC) hearing aids, and receiver-in-the-ear (RITE) hearing aids. Development of healthcare infrastructure in both developed and emerging economies such as China and India are going to drive the growth of the market in the coming years. However, high cost of devices can be a restraint to the growth of the market.
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The report Global Audiological Devices Market 2015 - 2019 is an in-depth and professional report which covers market scenarios, market size and forecast, product offerings, growth prospects, drivers and their impact, key trends, opportunities, challenges, key vendors, strengths and weaknesses of key vendors.
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Global Audiological Devices Market 2014-2019 (US$ million)
Exhibit 3: Audiological Devices Market in Europe 2014-2019 (US$ million)
Exhibit 4: Audiological Devices Market in the US 2014-2019 (US$ million)
Exhibit 5: Audiological Devices Market in Japan 2014-2019 (US$ million)
Exhibit 6: Global Audiological Devices Market 2014-2019 (US$ million)
Exhibit 7: Global Audiological Devices Market 2014-2019
Exhibit 8: Global Audiological Devices Market 2014
Exhibit 9: Global Audiological Devices Market 2019
Exhibit 10: Global Audiological Devices Market Segmentation by Type of Product
Exhibit 11: Global Hearing Aids Market 2014-2019 (US$ million)
Exhibit 12: Global Cochlear Implants Market 2014-2019 (US$ million)
Exhibit 13: Global Diagnostic Device Market 2014-2019 (US$ million)
Exhibit 14: Global Bone Anchored Hearing Aids Market 2014-2019 (US$ million)
Exhibit 15: Global Audiological Device Market by Segmentation 2014-2019 in (US$ million)
Other Reports on the Medical Devices Market –
Global Elderly and Disabled Assistive Market 2015-2019
One key trend in this market is the increased usage of cochlear implants over conventional hearing aids. Cochlear implant devices offer benefits such as increased audibility, digital feedback reduction, and digital noise reduction. According to the report, one of the major drivers of the market is the increasing elderly population that requires assistance because of the musculoskeletal disorders and joint injuries common in elderly people.
Key players in the Global Elderly and Disabled Assistive Market: Invacare Corp., Sonova Holding AG, Sunrise Medical LLC and William Demant Holding Group.
Global MEMS Microphone Market 2014-2018
A MEMS microphone consists of a pressure-sensitive diaphragm that is fixed directly into a silicon IC and is accompanied by an integrated preamplifier. MEMS microphones are often integrated with modern digital products; they are widely used in high-quality audio output devices. Most smartphones and tablets use MEMS microphones for high-quality voice output. Technological advancement has led to the development of miniaturized MEMS microphones, which can be easily integrated into compact electronic devices. MEMS microphones are increasingly used in hearing aids because of their superior noise-reducing quality.
Key players in the Global MEMS Microphone Market: AAC Technologies Holdings Inc., Analog Devices Inc., GoerTek Inc. and Knowles Electronics Inc.
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Ritesh Tiwari, ReportsnReports.com, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]
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