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Global Hearing Aids Market Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023

Global Hearing Aids Market Report Insights, Opportunity Analysis, Market Shares and Forecast, 2017 - 2023

The global hearing aid market is expected to grow at a CAGR of 6.3% during the forecast period of 2016-2023. Hearing aid is a small electronic device helps a person with hearing disability to hear well so that he can listen, understand, communicate and participates easily in daily activities. Hearing aids are basically used for improving the hearing and speech comprehension of people who have problem in hearing that results from damage to small sensory cells in the inner ear . The key trends for the global hearing aids market are genetic factors, noise pollution levels, and ear infections. The key driving factors for the global hearing aid market are rapid growth in geriatric population, high prevalence of hearing loss and technological advancements in hearing aids. Factor that is considered as a restraint for the global hearing aid market are high cost of hearing aids and low penetration rate of hearing aids. The key market challenges for the global hearing aid market is unfavorable reimbursement scenario, to overcome this challenge the key opportunities for the global hearing aid is growth potential offered by emerging countries.

Global hearing aid market report covers segmentation analysis by its product, type of hearing loss and end-user. Report covers sub segments of its product which are hearing aid devices and hearing implants. The market further classified into by type of hearing loss which are sensorineural and conductive. The market classified into by its end –user which are adults and pediatric. Geographically, Europe dominates the hearing aids market in terms of revenue during the forecast period of 2016-2023. Factors attributed for the growth in Europe are high purchasing power of the patients, rising prevalence of hearing loss and rising geriatric population base. However, Asia-Pacific is anticipated to be the fastest growing region during the forecast period. Factors that are contributing for the growth in Asia-Pacific Region are rising awareness among the patients, increasing hearing-related problems and developing healthcare infrastructure and services due to rising government funding.

Some of the key vendors of the Global Hearing aid market are Starkey Hearing Technologies, Inc. (U.S.), MED-EL (Austria), Cochlear Limited (Australia), Sivantos Pte. Ltd (Singapore), GN Store Nord A/S (Denmark), Widex (Denmark), Zound Hearing, Inc. (United States) and Sonova Holdings AG (Switerland). These companies are using various strategies such as merger & acquisitions, collaboration, partnership and product launch to hold large market share.

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1. INTRODUCTION
1. EXECUTIVE SUMMARY
2. ESTIMATION METHODOLOGY
MARKET OVERVIEW
1. GLOBAL HEARING AIDS MARKET: EVOLUTION & TRANSITION
2. MARKET DEFINITION AND SCOPE
3. INDUSTRY STRUCTURE
4. REGULATORY FRAMEWORK
5. TOTAL MARKET ANALYSIS
5.1. TOP 5 FINDINGS
5.2. TOP 5 OPPORTUNITY MARKETS
5.3. TOP 5 COMPANIES
5.4. TOP 3 COMPETITIVE STRATEGIES
6. ESTIMATION ANALYSIS
7. STRATEGIC ANALYSIS
7.1. INVESTMENT VS. ADOPTION MODEL
7.2. 360 DEGREE INDUSTRY ANALYSIS
7.3. PORTERS 5 FORCE MODEL
7.4. SEE-SAW ANALYSIS
7.5. PRICING ANALYSIS
7.6. CONSUMER ANALYSIS AND KEY BUYING CRITERIA
8. COMPETITIVE ANALYSIS
8.1. KEY STRATEGIES AND ANALYSIS
8.2. MARKET SHARE & TOP COMPANY ANALYSIS
9. STRATEGIC RECOMMENDATIONS & KEY CONCLUSIONS
9.1. INVESTMENT OPPORTUNITIES BY REGIONS
9.2. OPPORTUNITIES IN EMERGING APPLICATIONS
9.3. INVESTMENT OPPORTUNITY IN FASTEST GROWING SEGMENT
MARKET DETERMINANTS
1. MARKET DRIVERS
1.1. TECHNOLOGICAL ADVANCEMENTS IN HEARING AIDS
1.2. HIGH PREVALENCE OF HEARING LOSS
1.3. RAPID GROWTH IN AGING POPULATION
2. MARKET RESTRAINTS
2.1. LOW PENETRATION RATE OF HEARING AIDS
2.2. HIGH COST OF HEARING AIDS
3. MARKET OPPORTUNITIES
3.1. GROWTH POTENTIAL OFFERED BY EMERGING COUNTRIES
4. MARKET CHALLENGES
4.1. UNFAVOURABLE REIMBURSEMENT SCENARIO
MARKET SEGMENTATION
1. GLOBAL HEARING AIDS MARKET BY PRODUCT
1.1. MARKET DEFINITION AND SCOPE
1.2. DECISION SUPPORT DATABASE & ESTIMATION METHODOLOGY
1.3. COMPARATIVE ANALYSIS ACROSS MARKET SEGMENTS
1.4. OPPORTUNITY MATRIX
1.5. MARKET SEGMENTATION
1.5.1. GLOBAL HEARING AID DEVICES MARKET
1.5.1.1. APPLICATIONS
1.5.1.2. ADOPTION SCENARIO & MARKET DETERMINANTS
1.5.1.3. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
1.5.1.4. KEY PLAYERS & KEY PRODUCTS
1.5.1.5. KEY CONCLUSIONS
1.5.2. GLOBAL HEARING IMPLANTS MARKET
1.5.2.1. APPLICATIONS
1.5.2.2. ADOPTION SCENARIO & MARKET DETERMINANTS
1.5.2.3. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
1.5.2.4. KEY PLAYERS & KEY PRODUCTS
1.5.2.5. KEY CONCLUSIONS
2. GLOBAL HEARING AIDS MARKET BY TYPE OF HEARING LOSS
2.1. MARKET DEFINITION AND SCOPE
2.2. DECISION SUPPORT DATABASE & ESTIMATION METHODOLOGY
2.3. COMPARATIVE ANALYSIS ACROSS MARKET SEGMENTS
2.4. OPPORTUNITY MATRIX
2.5. MARKET SEGMENTATION
2.5.1. GLOBAL SENSORINEURAL HEARING LOSS MARKET
2.5.1.1. APPLICATIONS
2.5.1.2. ADOPTION SCENARIO & MARKET DETERMINANTS
2.5.1.3. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
2.5.1.4. KEY PLAYERS & KEY PRODUCTS
2.5.1.5. KEY CONCLUSIONS
2.5.2. GLOBAL CONDUCTIVE HEARING LOSS MARKET
2.5.2.1. APPLICATIONS
2.5.2.2. ADOPTION SCENARIO & MARKET DETERMINANTS
2.5.2.3. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
2.5.2.4. KEY PLAYERS & KEY PRODUCTS
2.5.2.5. KEY CONCLUSIONS
3. GLOBAL HEARING AIDS MARKET BY END USER
3.1. MARKET DEFINITION AND SCOPE
3.2. DECISION SUPPORT DATABASE & ESTIMATION METHODOLOGY
3.3. COMPARATIVE ANALYSIS ACROSS MARKET SEGMENTS
3.4. OPPORTUNITY MATRIX
3.5. MARKET SEGMENTATION
3.5.1. GLOBAL ADULTS MARKET
3.5.1.1. APPLICATIONS
3.5.1.2. ADOPTION SCENARIO & MARKET DETERMINANTS
3.5.1.3. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
3.5.1.4. KEY PLAYERS & KEY PRODUCTS
3.5.1.5. KEY CONCLUSIONS
3.5.2. GLOBAL PEDIATRICS MARKET
3.5.2.1. APPLICATIONS
3.5.2.2. ADOPTION SCENARIO & MARKET DETERMINANTS
3.5.2.3. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
3.5.2.4. KEY PLAYERS & KEY PRODUCTS
3.5.2.5. KEY CONCLUSIONS
COMPETITIVE LANDSCAPE
1. KEY STRATEGIES
1.1. LIST OF MERGERS & ACQUISITION
1.2. LIST OF JOINT VENTURES
1.3. LIST OF PRODUCT LAUNCHES
1.4. LIST OF PARTNERSHIPS
GLOBAL HEARING AIDS MARKET BY REGION
1. DECISION SUPPORT DATABASE & ESTIMATION METHODOLOGY
2. COMPARATIVE ANALYSIS ACROSS MARKET SEGMENTS
3. OPPORTUNITY MATRIX
4. GEOGRAPHIC SEGMENTATION
4.1. NORTH AMERICA
4.1.1. INDUSTRY APPLICATION ANALYSIS
4.1.2. TOP COUNTRY ANALYSIS
4.1.2.1. U.S.
4.1.2.1.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.1.2.1.2. KEY PLAYERS & KEY PRODUCTS
4.1.2.1.3. KEY CONCLUSIONS
4.1.2.2. CANADA
4.1.2.2.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023($ MILLION)
4.1.2.2.2.
4.1.2.2.3. KEY PLAYERS & KEY PRODUCTS
4.1.2.2.4. KEY CONCLUSIONS
4.2. EUROPE
4.2.1. INDUSTRY APPLICATION ANALYSIS
4.2.2. KEY COUNTRY ANALYSIS
4.2.2.1. UK
4.2.2.1.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.2.2.1.2.
4.2.2.1.3. KEY PLAYERS & KEY PRODUCTS
4.2.2.1.4. KEY CONCLUSIONS
4.2.2.2. FRANCE
4.2.2.2.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.2.2.2.2.
4.2.2.2.3. KEY PLAYERS & KEY PRODUCTS
4.2.2.2.4. KEY CONCLUSIONS
4.2.2.3. GERMANY
4.2.2.3.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.2.2.3.2.
4.2.2.3.3. KEY PLAYERS & KEY PRODUCTS
4.2.2.3.4. KEY CONCLUSIONS
4.2.2.4. SPAIN
4.2.2.4.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.2.2.4.2.
4.2.2.4.3. TOP PLAYERS & KEY PRODUCTS
4.2.2.4.4. KEY CONCLUSIONS
4.2.2.5. ITALY
4.2.2.5.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.2.2.5.2.
4.2.2.5.3. KEY PLAYERS & KEY PRODUCTS
4.2.2.5.4. KEY CONCLUSIONS
4.2.2.6. REST OF EUROPE
4.2.2.6.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.2.2.6.2.
4.2.2.6.3. KEY PLAYERS & KEY PRODUCTS
4.2.2.6.4. KEY CONCLUSIONS
4.3. ASIA PACIFIC
4.3.1. INDUSTRY APPLICATION ANALYSIS
4.3.2. TOP COUNTRY ANALYSIS
4.3.2.1. CHINA
4.3.2.1.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.3.2.1.2.
4.3.2.1.3. KEY PLAYERS & KEY PRODUCTS
4.3.2.1.4. KEY CONCLUSIONS
4.3.2.2. INDIA
4.3.2.2.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.3.2.2.2.
4.3.2.2.3. KEY PLAYERS & KEY PRODUCTS
4.3.2.2.4. KEY CONCLUSIONS
4.3.2.3. JAPAN
4.3.2.3.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.3.2.3.2.
4.3.2.3.3. KEY PLAYERS & KEY PRODUCTS
4.3.2.3.4. KEY CONCLUSIONS
4.3.2.4. SOUTH KOREA
4.3.2.4.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.3.2.4.2.
4.3.2.4.3. KEY PLAYERS & KEY PRODUCTS
4.3.2.4.4. KEY CONCLUSIONS
4.3.2.5. AUSTRALIA
4.3.2.5.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.3.2.5.2.
4.3.2.5.3. KEY PLAYERS & KEY PRODUCTS
4.3.2.5.4. KEY CONCLUSIONS
4.3.2.6. REST OF ASIA PACIFIC
4.3.2.6.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.3.2.6.2.
4.3.2.6.3. KEY PLAYERS & KEY PRODUCTS
4.3.2.6.4. KEY CONCLUSIONS
4.4. ROW
4.4.1. INDUSTRY APPLICATION ANALYSIS
4.4.2. TOP COUNTRY ANALYSIS
4.4.2.1. LATIN AMERICA
4.4.2.1.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.4.2.1.2.
4.4.2.1.3. KEY PLAYERS & KEY PRODUCTS
4.4.2.1.4. KEY CONCLUSIONS
4.4.2.2. MIDDLE EAST & AFRICA
4.4.2.2.1. MARKET ESTIMATIONS AND FORECASTS 2014-2023 ($ MILLION)
4.4.2.2.2.
4.4.2.2.3. KEY PLAYERS & KEY PRODUCTS
4.4.2.2.4. KEY CONCLUSIONS
COMPANY PROFILES
1. SONOVA HOLDING AG
1.1. OVERVIEW
1.2. PRODUCT PORTFOLIO
1.3. STRATEGIC INITIATIVES
1.4. SCOT ANALYSIS
1.5. STRATEGIC ANALYSIS
1.6.
2. WILLIAM DEMANT HOLDING A/S
2.1. OVERVIEW
2.2. PRODUCT PORTFOLIO
2.3. STRATEGIC INITIATIVES
2.4. SCOT ANALYSIS
2.5. STRATEGIC ANALYSIS
3. GN STORE NORD A/S
3.1. OVERVIEW
3.2. PRODUCT PORTFOLIO
3.3. STRATEGIC INITIATIVES
3.4. SCOT ANALYSIS
3.5. STRATEGIC ANALYSIS
4. COCHLEAR LIMITED
4.1. OVERVIEW
4.2. PRODUCT PORTFOLIO
4.3. STRATEGIC INITIATIVES
4.4. SCOT ANALYSIS
4.5. STRATEGIC ANALYSIS
5. SIVANTOS PTE. LTD
5.1. OVERVIEW
5.2. PRODUCT PORTFOLIO
5.3. STRATEGIC INITIATIVES
5.4. SCOT ANALYSIS
5.5. STRATEGIC ANALYSIS
6. STARKEY HEARING TECHNOLOGIES. INC
6.1. OVERVIEW
6.2. PRODUCT PORTFOLIO
6.3. STRATEGIC INITIATIVES
6.4. SCOT ANALYSIS
6.5. STRATEGIC ANALYSIS
7. WIDEX
7.1. OVERVIEW
7.2. PRODUCT PORTFOLIO
7.3. STRATEGIC INITIATIVES
7.4. SCOT ANALYSIS
7.5. STRATEGIC ANALYSIS
8. MED-EI
8.1. OVERVIEW
8.2. PRODUCT PORTFOLIO
8.3. STRATEGIC INITIATIVES
8.4. SCOT ANALYSIS
8.5. STRATEGIC ANALYSIS
9. ZOUNDS HEARINGS INC,
9.1. OVERVIEW
9.2. PRODUCT PORTFOLIO
9.3. STRATEGIC INITIATIVES
9.4. SCOT ANALYSIS
9.5. STRATEGIC ANALYSIS
10. SEBOTEK HEARING SYSTEMS, INC
10.1. OVERVIEW
10.2. PRODUCT PORTFOLIO
10.3. STRATEGIC INITIATIVES
10.4. SCOT ANALYSIS
10.5. STRATEGIC ANALYSIS
11. SIEMENS
11.1. OVERVIEW
11.2. PRODUCT PORTFOLIO
11.3. STRATEGIC INITIATIVES
11.4. SCOT ANALYSIS
11.5. STRATEGIC ANALYSIS
12. RESOUND
12.1. OVERVIEW
12.2. PRODUCT PORTFOLIO
12.3. STRATEGIC INITIATIVES
12.4. SCOT ANALYSIS
12.5. STRATEGIC ANALYSIS
13. UNITRON CONNECT
13.1. OVERVIEW
13.2. PRODUCT PORTFOLIO
13.3. STRATEGIC INITIATIVES
13.4. SCOT ANALYSIS
13.5. STRATEGIC ANALYSIS
14. SONIC INNOVATION
14.1. OVERVIEW
14.2. PRODUCT PORTFOLIO
14.3. STRATEGIC INITIATIVES
14.4. SCOT ANALYSIS
14.5. STRATEGIC ANALYSIS
15. ADVANCED BIONICS
15.1. OVERVIEW
15.2. PRODUCT PORTFOLIO
15.3. STRATEGIC INITIATIVES
15.4. SCOT ANALYSIS
15.5. STRATEGIC ANALYSIS
LIST OF TABLES
GLOBL HEARING AIDS MARKET BY PRODUCT 2014-2023 ($ MILLION)
GLOBAL HEARING AID DEVICES BY GEOGRAPHY 2014-2023 ($ MILLION)
GLOBAL HEARING IMPLANTS BY GEOGRAPHY 2014-2023 ($ MILLION)
GLOBAL HEARING AIDS MARKET BY TYPE OF HEARING LOSS 2014-2023 ($ MILLION)
GLOBAL SENSORINEURAL HEARING LOSS BY GEOGRAPHY 2014-2023 ($MILLION)
GLOBAL CONDUCTIVE HEARING LOSS BY GEOGRAPHY 2014-2023 ($MILLION)
GLOBAL HEARING AIDS MARKET BY END-USER 2014-2023 ($ MILLION)
GLOBAL ADULTS BY GEOGRAPHY 2014-2023 ($ MILLION)
GLOBAL PEDIATRICS BY GEOGRAPHY 2014-2023 ($ MILLION)
LIST OF FIGURES
GLOBAL HEARING AIDS MARKET BY HEARING AID DEVICES 2014-2023 ($ MILLION)
GLOBAL HEARING AIDS MARKET BY HEARING IMPLANTS 2014-2023 ($ MILLION)
GLOBAL HEARING AIDS MARKET BY SENSORINEURAL HEARING LOSS 2014-2023 ($ MILLION)
GLOBAL HEARING AIDS MARKET BY CONDUCTIVE HEARING LOSS 2014-2023 ($ MILLION)
GLOBAL HEARING AIDS MARKET BY ADULTS 2014-2023 ($ MILLION)
GLOBAL HEARING AIDS MARKET BY PEDIATRICS 2014-2023 ($ MILLION)
UNITED STATES HEARING AIDS MARKET 2014-2023 ($ MILLION)
CANADA HEARING AIDS MARKET 2014-2023 ($ MILLION)
UNITED KINGDOM (UK) HEARING AIDS MARKET 2014-2023 ($ MILLION)
FRANCE HEARING AIDS MARKET 2014-2023 ($ MILLION)
GERMANY HEARING AIDS MARKET 2014-2023 ($ MILLION)
SPAIN HEARING AIDS MARKET 2014-2023 ($ MILLION)
ITALY HEARING AIDS MARKET 2014-2023 ($ MILLION)
ROE HEARING AIDS MARKET 2014-2023 ($ MILLION)
INDIA HEARING AIDS MARKET 2014-2023 ($ MILLION)
CHINA HEARING AIDS MARKET 2014-2023 ($ MILLION)
JAPAN HEARING AIDS MARKET 2014-2023 ($ MILLION)
KOREA HEARING AIDS MARKET 2014-2023 ($ MILLION)
AUSTRALIA HEARING AIDS MARKET 2014-2023 ($ MILLION)
ROW APAC HEARING AIDS MARKET 2014-2023 ($ MILLION)
LATIN AMERICA HEARING AIDS MARKET 2014-2023 ($ MILLION)
MENA HEARING AIDS MARKET 2014-2023 ($ MILLION)

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