A latest report has been added to the wide database of Hearing Aids Market by Infinium Global Research. This report studies the
Hearing Aids Market by product, segment (behind-the-ear, in-the-ear and receiver-in-ear) market status and outlook of global and
major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments &
countries in recent years and to forecast the values for the next six years. Hearing Aids Market provides opportunities in micro markets
for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major
companies in the Hearing Aids Market.
Market Insights
The global hearing aids market was sized over USD 5.15 billion in 2015. The global hearing aids market is projected to grow with a
CAGR between 4.5% and 5.0% during 2017-2023. Growing number of patients with hearing loss, technological advancements in
hearing aids sector, increased use of binaural fittings are the key factor driving the growth of global hearing aids market. Moreover,
lack of awareness and social stigma, high cost of hearing aids, recompense issues and competition from cochlear implants are the key
factors restraining the growth of this market. Growing potential offered by emerging countries, innovation in design, and introduction
of directional microphones are likely to bring more opportunities to this market.
Segments Covered:
The report segments the hearing aids market by product and by region. Market segmentation based on product includes behind-the-
ear, in-the-ear and receiver-in-ear. Behind-the-ear are specially recommended for children, as they grow they need changes in hearing
devices.
Geographic Coverage and Analysis:
The report provides regional analysis covering geographies such as Americas, Europe, Asia-Pacific, and Rest of the World. In this section
the key trends and market size for each geography is provided over the period of 2015 – 2023.