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Americas was the largest market among the geographies and it is expected to grow at a CAGR of 4.8%. Furthermore, Europe market is
expected to grow steadily because of the increased use of hearing aids and the growing geriatric population. Asia Pacific is expected to
grow at the highest CAGR rate over the forecast period due increased amount of old people in countries such as Japan and China has a
positive impact on the growth of the emerging market in APAC Moreover, Latin America (covered in ROW region) is expected to grow
gradually over the forecast period.
Companies Profiled:
The companies covered in the report include Sivantos Pte. Ltd., Starkey Hearing Technologies, Inc., Sonova, Cochlear Limited, GN Store
Nord A/S, MED-EL, SeboTek Hearing Systems, LLC, Widex, William Demant Holding A/S, and Zounds Hearing, Inc.
Report Highlights:
The report provides deep insights on demand forecasts, market trends and micro and macro indicators. In addition, this report
provides insights on the factors that are driving and restraining the demand of hearing aids globally as well as regionally. Moreover,
IGR-Growth matrix analysis given in the report brings an insight on the investment areas that existing or new market players can
consider.
The report provides insights into the market using analytical tools such as Porter’s five forces analysis and DRO analysis of hearing aids.
Moreover, the study highlights current market trends and provides forecast from 2017 to 2023. We also have highlighted future trends
in the hearing aids market that will impact the demand during the forecast period. Moreover, the competitive analysis given in each
regional market brings an insight on the market strategies of the leading players.
This report will help manufacturers, suppliers and distributors of the hearing aids market to understand the present and future trends
in this market and formulate their strategies accordingly.