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
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