Global Hearing Aids and Implants Market

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Category: Business and Industry

Date Submitted: 05/11/2016 11:21 PM

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May 12th 2016 Mumbai, India: Bharatbook.com announces a report on “ Global Hearing Aids and Implants Market: Trends, Opportunities and Forecasts (2016-2021) ”. Historical market trend of contact catering has been figured out through secondary research (associations, annual reports, magazines, journals) and by various paid databases.

Executive Summary

Hearing aids and implants is witnessing growth on account of growing incidences of hearing loss globally where developed economies including North America and Europe are the major markets due to higher adoption rate whereas emerging economies such as Asia Pacific and Latin America are witnessing rapid growth driven by high per capita expenditure.

Rise in the aging population giving rise to increasing incidences of hearing loss combined with higher Internet savvy adult population leading active lifestyles. However, limited reimbursement coverage mainly in developing countries is supressing the growth of hearing aids and implants market, resulting in higher out of pocket expenses of patients.

Technological improvements in hearing implants is growing mainly among the increasing paediatric population whereas expansion of retail channel is giving rise to quick availability and wide range of portfolio driven by the private purchasing of hearing aids.

Research Methodology

The objective of the research is to present the historical growth (2011-2015) and the future projections (2016-2021) of the global hearing aids and implants market (global, regional, country-specific) by various segments (Hearing Aids and their sub-types: Behind-The-Ear (BTE), In-The-Ear (ITE), Receiver In-The-Ear(RITE), In-The-Canal(ITC), Completely-In-The-Canal (CIC), Others and Hearing Implants and their sub-types : Cochlear Implant, Other Implants, By End Purchase: Independent Purchase, Retail, Buying Groups/Wholesale, Government). Historical market trend of contact catering has been figured out through secondary research (associations, annual...