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Explore bone conduction devices market that is expected to grow by 2021, at a CAGR of 14.23%

Medical Market Research

The following companies as the key players in the global bone conduction devices market: Cochlear, MED-EL, Medtronic, William Demant, Aftershokz, GameChanger Products, Damson Audio, marsboy, SainSonic, and Panasonic.

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Global Bone Conduction Devices Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

The analysts forecast global bone conduction devices market to grow at a CAGR of 14.23% during the period 2017-2021.

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One trend in the market is technological advances in hearing aids.

As of 2016, individuals suffering from hearing loss had plenty of options to choose from when it comes to opting for a suitable solution. There is a wide variety of hearing aids that are available in the market with different levels of sound quality and comfort.”

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About Bone Conduction Devices

The global bone conduction devices market consists mainly of two products, namely bone-anchored hearing aids (BAHA) and bone conduction headphones. Both BAHA and bone conduction headphones function on the principle of bone conduction, i.e., human bones are good conductors of sound or vibrations.

The global bone conduction devices market is a steadily growing technology-centered market that consists mainly of two products, namely bone-anchored hearing aids (BAHA) and bone conduction headphones.

According to the report, one driver in the market is advantages of BAHA over their substitutes. As compared to traditional hearing aids, BAHA provide better solutions for the treatment of hearing impairments.

Traditional hearing aids are often wired devices that consist of an earpiece, which needs to be inserted into the patient's ear. Continuous use of this earpiece exerts pressure on the patient's skin and leads to major discomfort for the patient.

BAHA are surgically implanted in such a way that they do not exert any pressure on the skin or skull bone.

The report covers the present scenario and the growth prospects of the Global Bone Conduction Devices Market For 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Further, the report states that one challenge in the market is high cost of BAHA. The high cost of BAHA is another major challenge inhibiting the growth of the global bone conduction devices market.

Leading manufacturers such as Cochlear and Oticon Medical sell their products at an average price range of $4,000 to $7,500, which is very expensive when compared to conventional hearing aids that are available in the price range of $1,000-$4,000. Since manufacturers of BAHA focus extensively on quality to increase the life of the implants, the prices are likely to further increase during the forecast period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

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Key vendors

  • Cochlear
  • MED-EL
  • Medtronic
  • William Demant
  • Aftershokz
  • GameChanger Products
  • Damson Audio
  • marsboy
  • SainSonic
  • Panasonic

Market driver

  • Advantages of BAHA over their substitutes
  • For a full, detailed list, view our report

Market challenge

  • High cost of BAHA
  • For a full, detailed list, view our report

Market trend

  • Technological advances in hearing aids
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?

Table of content:

  • PART 01: Executive summary
  • PART 02: Scope of the report
  • PART 03: Research Methodology
  • PART 04: Introduction
  • PART 05: Market landscape
  • PART 06: Five forces analysis
  • PART 07: Market segmentation by product
  • PART 08: Market segmentation by end-user
  • PART 09: Geographical segmentation
  • PART 10: Decision framework
  • PART 11: Drivers and challenges
  • PART 12: Market trends
  • PART 13: Vendor landscape
  • PART 14: Key vendor analysis
  • PART 15: Appendix

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