The latest report on Hearing aids Market by Infinium Global Research gives complete coverage of the Hearing
aids Market by product, segment (behind-the-ear, in-the-ear and receiver-in-ear), by region ( Americas,
Europe, Asia-Pacific, Rest of the World) in terms of key trends, market size, forecast and CAGR growth over the
period of 2017 to 2023. In addition, the study covers deep dive into key product and applications trends in the
regional markets of Hearing aids such as North America, Europe, Asia-Pacific and Latin America over the short
run and long run.
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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.
Infinium Global Research