Global hearing amplifiers market is expected to reach USD 78.2 million by 2022,
according to a new study by Grand View Research Inc. Growing prevalence of
deafness and hearing disorders and the increasing cost of hearing aids are
expected to drive the hearing amplifiers market over the forecast period.
Hearing amplifiers are relatively cheaper products and therefore, are more
preferred in patients with manageable deafness severities. For instance, the
ASP of hearing amplifier amounts to USD 200, as opposed to hearing aids priced
at approximately USD 450 to 1,000. Rising R&D investments aimed at new
product development in congruence with the changing consumer dynamics is
expected to significantly contribute towards expedited market growth.
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click the link below:
http://www.grandviewresearch.com/industry-analysis/hearing-amplifiers-market
http://www.grandviewresearch.com/industry-analysis/hearing-amplifiers-market
Further key findings from the study suggest:
· On the ear hearing amplifiers were the
largest product segment of the market in 2014. The fact that, on the ear
hearing amplifiers are comfortable to use, render high connectivity and are
user-friendly is expected to drive segment growth over the forecast period.
· In the ear hearing amplifiers are
identified as the most lucrative product segment of the market. In the ear
hearing amplifiers allow clear perception of surrounding voice as it blocks the
entire ear cavity and prohibit the passage of the user’s own voice and this is
expected to serve the segment as a driver. Moreover, these devices score high
on the consumer preference matrix owing to their aesthetic appeal.
· Asia Pacific is expected to spearhead future
market growth. The increasing prevalence of deafness especially in the
geriatric population and growing retail healthcare industry in emerging
countries such as India and China are some factors attributing to region’s
rapid market growth.
· China is expected to witness the fastest
growth over the forecast period. As per the National Bureau of Statistics of
China, approximately 185 million are over the age of 60. According to the
United Nations study of 2007, by 2025, 64 elderly for every 100 workers is the
estimated ratio in China. In 2003, as per a study of the United Nations
Children's Fund (UNICEF), approximately 10% of the population had hearing loss.
The Second China National Survey on Disability by the China Disabled Persons'
Federation (CDPF) identified 20.04 million people as “hearing impaired”.
Growing population in China and introduction of technologically advanced
devices are expected to drive the market over the forecast period.
· Key players of the hearing amplifiers
market include Resound, SoundHawk, Shenzhen LA Lighting Company Limited, Austar
Hearing Science And Technology (Xiamen) Co., Ltd., Ziphearing and Huizhou
Jinghao Electronics Co. Ltd.
Browse more reports of this category by Grand View
Research at: https://www.grandviewresearch.com/industry/medical-devices
Grand View Research has
segmented the hearing amplifiers market on the basis of products:
Global Hearing Amplifiers Market, Product Outlook
(Revenue, USD Million, Volume (Number of Units), USP (Price/Unit) 2012 - 2022)
·
On-the-Ear/On the ear
·
In-the-Ear/ In the ear
Hearing Amplifiers Market, Regional Outlook (Revenue, USD
Million, Volume (Number of Units), USP (Price/Unit) 2012 - 2022)
·
North America
o
U.S.
o
Canada
·
Europe
o
UK
o
Netherlands
o
Germany
o
Norway
o
Sweden
o
Spain
o
Denmark
o
Switzerland
o
Italy
o
France
o
Russia
o
Others
·
Asia Pacific
o
Japan
o
China
o
India
o
Australia
o
New Zealand
o
Others
·
RoW
o
Brazil
o Others
Access Press Release Of This Research Report by Grand
View: https://www.grandviewresearch.com/press-release/global-hearing-amplifiers-market
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