As per the latest report by IMARC Group, titled “Hearing Aid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” the global hearing aid market exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global market to grow at a CAGR of around 6% during 2021-2026.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Hearing aids are small, battery-operated electronic devices that are worn in or behind the ear for improving hearing impairment. They help in amplifying the sound, which enables the user to listen, communicate and participate in everyday activities. It has three basic components, namely, a speaker, amplifier and a microphone. The hearing aid receives sound from the microphone, which is converted into electrical signals and sent to the amplifier. The amplifier then enhances the power of the signals and directs them to the ear through the speaker.
Hearing Aid Market 2021-2026 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the hearing aid market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
- Sonova Holding AG (SWX: SOON)
- Starkey
- MED-EL
- William Demant Holding A/S (CPH: DEMANT)
- Widex A/S
- Sivantos Group
- GN Store Nord A/S (CPH: GN)
- Cochlear Ltd (ASX: COH)
- SeboTek Hearing Systems LLC
- ReSound Group
- AGX Hearing
- Audina Hearing Instruments
- Lisound
- Banglijian
- Glaxosmithkline (LON: GSK)
- Benson Hearing
Key Market Segmentation:
The report has segmented the hearing aid market on the basis of product type, hearing loss, patient type, technology type, end-user and region.
Breakup by Product Type:
- Hearing Devices
- Hearing Implants
Breakup by Hearing Loss:
- Sensorineural Hearing Loss
- Conductive Hearing Loss
Breakup by Patient Type:
- Adults
- Pediatrics
Breakup by Technology Type:
- Analog
- Digital
Breakup by End-User:
- Hospitals
- ENT Clinics and Audiology Centres
- Individual
- Others
Breakup by Region:
- Europe
- North America
- Asia Pacific
- Middle East and Africa
- Latin America
Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/hearing-aid-market
Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Industry Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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