[October 26, 2016]

Global Hearing Aid Market Report 2016-2020 - Analysis, Technologies & Forecasts - Vendors: GN Re Sound, Sonova, William Demant Holding - Research and Markets

Research and Markets has announced the addition of the "Global Hearing Aid Market (Devices & Cochlear Implants): Industry Analysis & Outlook (2016-2020)" report to their offering.

Hearing aid market is an emerging healthcare market due to introduction of various innovations and dynamics. Hearing aid helps the people to increase their hearing capability who are suffering from loss of hearing. The hearing aids are sold through multiple channels such as company-owned stores, hearing aid clinics, big box retailers, and through government agencies. The global hearing aid market is segmented into hearing aid, implants and diagnostics.

The competition in the hearing market is quite high and the probable entry of new players will make it more competitive. New technologies are proiding more flexible and convenient options in the hearing aid category. Digital hearing aid technology offers benefits such as high efficiency, Wi-Fi, Bluetooth connectivity to help the user have a better quality of life.

The key factors driving the growth of hearing aid market are global diabetic population, global ageing population, increasing healthcare expenditure, increase in chronic kidney diseases and increased use of headphones. Some of the noteworthy trends and developments of this industry are growth in cochlear implant segment, development of wireless hearing aid and next generation rechargeable hearing aid. However, the expansion of hearing aid market is hindered by low average selling price and threat from new entrants.

Companies Mentioned:

• GN Re Sound
• Sonova
• William Demant Holding
  

Report Structure:

1. Market Overview

2. Global Hearing Aid Market Analysis

3. Regional Market Analysis

4. Market Dynamics

5. Competitive Landscape

6. Regional Market

7. Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/jfpbgq/global_hearing

View source version on businesswire.com: http://www.businesswire.com/news/home/20161026005828/en/

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