Hearing aids market report covers the different products, hearing los Hearing aids market | Page 13

TABLE OF CONTENTS 5 MARKET OVERVIEW..................................................................................................................38 • 5.1 INTRODUCTION...............................................................................................................................................................39 • 5.2 • MARKET SEGMENTATION................................................................................................................................................39 • 5.2.1 BY PRODUCT.................................................................................................................................................39 • 5.2.2 BY TYPE OF HEARING LOSS.........................................................................................................................39 • 5.2.3 BY END USER................................................................................................................................................40 • 5.2.4 BY REGION.....................................................................................................................................................40 5.3 MARKET DYNAMICS........................................................................................................................................................41 • 5.3.1 DRIVERS........................................................................................................................................................41 • 5.3.1.1 RAPID GROWTH IN AGING POPULATION.................................................................................41 • 5.3.1.2 HIGH PREVALENCE OF HEARING LOSS...................................................................................42 • 5.3.1.3 TECHNOLOGICAL ADVANCEMENTS IN HEARING AIDS..........................................................42 • 5.3.2 RESTRAINTS..................................................................................................................................................43 • 5.3.2.1 HIGH COST OF HEARING AIDS................................................................................................43 • 5.3.2.2 LOW PENETRATION RATE OF HEARING AIDS..........................................................................43 • 5.3.3 OPPORTUNITIES............................................................................................................................................44 • • 5.3.3.1 5.3.4 CHALLENGES................................................................................................................................................44 • 6 GROWTH POTENTIAL OFFERED BY EMERGING COUNTRIES..................................................44 5.3.4.1 UNFAVORABLE REIMBURSEMENT SCENARIO.........................................................................44 HEARING AIDS MARKET, BY PRODUCT....................................................................................45 • 6.1 INTRODUCTION...............................................................................................................................................................46 • 6.2 • HEARING AID DEVICES....................................................................................................................................................47 • 6.2.1 RECEIVER-IN-THE-EAR (RITE) HEARING AIDS..............................................................................................51 • 6.2.2 BEHIND-THE-EAR (BTE) HEARING AIDS.......................................................................................................54 • 6.2.3 CANAL HEARING AIDS..................................................................................................................................56 • 6.2.4 IN-THE-EAR (ITE) HEARING AIDS..................................................................................................................57 • 6.2.5 OTHER HEARING AIDS...................................................................................................................................59 6.3 HEARING IMPLANTS........................................................................................................................................................61 • 6.3.1 COCHLEAR IMPLANTS..................................................................................................................................64 • 6.3.2 BONE-ANCHORED SYSTEMS........................................................................................................................65 [email protected] www.marketsandmarkets.com 13