The report entitled “Global Hearing Aid Market (2017-2021 Edition)” provides a detailed analysis of the global hearing aid device market with analysis of market size and growth. The analysis includes the market in terms of volume and market share by segments.
The report provides brief country analysis of the US, France and Germany. The analysis includes market size in terms of value, volume and by distribution channel. Europe is expected to account for the largest share in the market during the forecasted period. Asia Pacific is set to be the emerging region for the hearing aid devices in the coming five years.
The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the global hearing aid device market has also been forecasted for the period 2017-2021, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
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Sonova Holdings AG, William Demant Holding Group and GN ReSound are some of the prominent players of the market whose company profiling have been done in the report on the basis of attributes like business overview and financial overview.
• Sonova Holdings AG
• William Demant Holding Group
• GN ReSound
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Hearing aids are mainly classified into Behind-the-Ear (BTE), In-the-Ear (ITE), In-the-Canal (ITC) Or Completely-in-the-Canal (CIC) and Implantable Hearing Aid. Implantable hearing aids are further classified into Cochlear Implants, Cochlear Implants and Bone-Anchored Hearing Implants.
The global hearing aid market has witnessed an upsurge during the period 2011 to 2016 and projections are made that the market is expected to grow at a rapid pace in the forecasted period i.e. 2017 to 2021. Major factors contributing in the growth of the market are growing prevalence of hearing loss patients, growing ageing population, latest technological advancements such as 3D printing, new product launces etc.
In the forecasted period, the market would be pushed by increasing noise pollution level, introduction of innovative hearing aid devices and internet connected hearing aids etc. Yet the market faces some challenges such as lack of awareness, high prices of devices, high degree of consolidation etc.
The report titled “Global Elderly Care Services Market (2017-2021 Edition)” provides a detailed analysis of the elderly care services market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
The report also provides country analysis of the US, Canada, Europe and India in terms of market sizing and growth. The US and Canada (in North America) are the market leaders followed by European countries. Among Asia-Pacific countries, India has been emerged as the market leader in elder care services. In coming years, Asia-Pacific would be the key market player as the growth of ageing population is more than other nations worldwide.
Furthermore, the report also profiles key market players such as Extendicare Inc., Brookdale senior Living Inc., Kindred Healthcare Inc. and Genesis Healthcare Inc. on the basis of attributes such as company overview, recent developments, strategies adopted by the market leaders to ensure growth, sustainability, financial overview and recent developments.
• Brookdale Senior Living Inc.
• Kindred Healthcare Inc.
• Genesis Healthcare Inc.
Senior citizens need assistance with daily activities as well as healthcare requirements who needs a quality life. Due to all these requirements there emerged a market known as ‘elder care services market’ which specifically came into existence to serve the ageing population worldwide. Elder care services market has been divided into various segments. Elderly care business includes in home care, assisted living, nursing home facilities by skilled professionals, hospital care and pharmaceuticals. Among these, in-home care, assisted living and home healthcare segment are getting popularized day by day and provide quality life to senior citizens. Adult day care centres are designed for older adults who are no longer managing independently or who are isolated or lonely. Home care services are provided by family members and close relatives.
Global elder care market has shown positive trends over the past few years. The primary reasons behind the growth of the market are increased ageing population worldwide, increasing demand for quality life by senior citizens, positive government regulation in healthcare segment to provide cost-effective medical treatment to the aged population, technological advancement, and chronic illness among old age population etc. the market is expected to achieve a moderate growth in the forecasted period. Global elder care services market continued to expand at a swift pace from 2017-2021.
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