On the basis of product type the global hearing aid market is segmented into in-the-ear, receiver-in-the-ear, behind-the-ear, canal hearing aids ITC, completely in canal (CIC), invisible-in-the-canal (IIC), cochlear implants, and bone anchored systems.
Global Hearing Aid Marketaccounted to USD 6.0 billion in 2016 growing at a CAGR of 5.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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The global hearing aid market is segmented on the basis of product type, technology, hearing loss, end-user, and geography.
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On the basis of technology the market is segmented into digital and analog hearing aid.
Based on hear loss the market is segmented into sensorineural and conductive.
Based on end-user the market is segmented into adults and pediatrics.
Based on Geography the market is segmented into 5 geographical region:
- North America
- South America
- Middle East and Africa
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Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
The Global Hearing Aid Market Report contains an in-depth profiling of the key market players, along with the recent developments (new product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the Major players Operating in the Market:
- Cochlear Ltd.
- GN Store Nord A/S
- SeboTek Hearing Systems, LLC
- Sivantos Pte. Ltd.
- Sonova, Starkey
- Hansaton Akustik GmbH
- Phonak – A Sonova brand
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