Canal Hearing Aids Market

23 May


Canal Hearing Aids Market Poised to Grow at a CAGR of 6.3% by 2024

  • By admin

  • January, 1970

Infinium Global Research has added a new report on Canal Hearing Aids Market. The report presents analysis of global as well as regional markets of canal hearing aids market over the period of 2016 to 2024.One of the primary drivers for this market is the rising use of digital technologies for hearing aids. With the use of digital technology, the background noise can be eliminated. In some hearing aids, the background noise can be controlled by using volume controller and noise blocker. Furthermore, smartphones have been integrated with the hearing devices that helps hearing impairment patients in leading a normal lifestyle. The digital hearing aids are also equipped with more than one listening programs. According to the World Health Organization (WHO), over 5% of the world’s population suffers from disabling hearing loss, totals over 360 million people across the globe. The majority of these people live in low and middle income countries, where the access to healthcare facilities and quality of health organizations is lower than that of the United States.

On the basis of region, the Canal Hearing Aids market is divided into North America, Europe, ASAP, and the Rest of the World (RoW). Europe is the dominant player among other regions in canal hearing market. Rapid rise in geriatric population, growing incidence prevalence of hearing loss, and high purchasing power of patients is projected to augment the market in the region. Asia Pacific is expected to grow at the highest CAGR during the forecast period, on account of improving healthcare infrastructure. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global canal hearing aids market  but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.


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The recent report identified that APAC dominated the global canal hearing aids market  over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the canal hearing aids market  worldwide.


The report segments the global canal hearing aids market  on the basis of Product, Type of Hearing Loss and Patient Type.


Global Canal Hearing Aids Market   by Product

·         Hearing Aid Devices

·          Hearing Implants


Global Canal Hearing Aids Market   by Type Of Hearing Loss

·         Sensorineural Hearing Loss

·         Conductive Hearing Loss


Global Canal Hearing Aids Market   by Patient Type

·         Adults

·         Pediatrics


Companies Profiled in the Report

·         Zounds Hearing

·         Sebotek Hearing Systems

·         Audina Hearing Instruments

·         Rion

·         Horentek

·         Microson

·         Arphi Electronics

·         Sonova

·         William Demant

·         Gn Store Nord

·         Cochlear


About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.