New report published by Global Info Research which offers insights on the global Adult Hearing Aids market.
A hearing aid or deaf aid is an electroacoustic device which is designed to amplify sound for the wearer, usually with the aim of making speech more intelligible, and to correct impaired hearing as measured by audiometry. Different types of hearing aids are made to accommodate different types of hearing loss.
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Global Adult Hearing Aids Market: Forecast by Type / Application / Region
The major players in global Adult Hearing Aids market include: William Demant, Sonova, Starkey, Sivantos, GN ReSound, Widex, Rion, Sebotek Hearing Systems, Audina Hearing Instruments, Microson, Audicus, Horentek, Arphi Electronics.
On the basis of product, the Adult Hearing Aids market is primarily split into: Behind-the-ear (BTE) Hearing Aids, In-the-ear (ITE) Hearing Aids, In-The-Canal (ITC) Hearing Aids, Completely-In-Canal (CIC) Hearing Aids.
On the basis on the end users/applications covers: Congenital Hearing Loss, Age-Related Hearing Loss, Acquired Trauma Hearing Loss.
In the last several years, global market of Adult Hearing Aids developed rapidly, with an average growth rate of 7.11% during 2013 to 2017. In 2017, global revenue of Adult Hearing Aids is nearly 6760 M USD; the actual sales are about 13500 K Unit.
The global average price of Adult Hearing Aids is in the increasing trend, from 482 USD/Unit in 2013 to 508 USD/Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of Adult Hearing Aids includes Behind-the-ear (BTE) Hearing Aids, In-the-ear (ITE) Hearing Aids, In-The-Canal (ITC) Hearing Aids and Completely-In-Canal (CIC) Hearing Aids, and the proportion of Behind-the-ear (BTE) Hearing Aids in 2017 is about 75%, and the proportion is in increasing trend from 2013 to 2017.
Adult Hearing Aids is widely used for congenital hearing loss, age-related hearing loss and acquired trauma hearing loss. The most proportion of Adult Hearing Aids is used for age-related hearing loss, and the proportion in 2017 is 82%.
North America and Europe are the two largest consumption place, with a similar consumption market share nearly 34% in 2017.
Market competition is not intense. William Demant, Sonova, Starkey, Sivantos, GN ReSound, Widex, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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Related Information:
United States Adult Hearing Aids Market 2018 Forecast to 2023
Europe Adult Hearing Aids Market 2018 Forecast to 2023
North America Adult Hearing Aids Market 2018 Forecast to 2023
Asia-Pacific Adult Hearing Aids Market 2018 Forecast to 2023
China Adult Hearing Aids Market 2018 Forecast to 2023
EMEA Adult Hearing Aids Market 2018 Forecast to 2023
Global Adult Hearing Aids Market 2018 Forecast to 2023
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