Uploaded on Feb 19, 2021
Audiology devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to account to USD 15.86 billion by 2027 growing at a CAGR of 5.45% in the above-mentioned forecast period. The growing cases of hearing disorder will directly impact the growth of the audiology devices.
Audiology Devices Market Seeking Excellent Growth-Industry Share, Growth Status, Trend Analysis
Audiology Devices Market Seeking Excellent Growth-
Industry Share, Growth Status, Trend Analysis
Audiology Devices Market By Product (Bone Anchored Aids for Hearing, Cochlear
Implants, Hearing Aids, Diagnostic Devices, Tympanometers, Audiometers, Otoscopes),
Sales Channel (Retail Sales, Government Purchases, E-Commerce), Disease Type
(Otosclerosis, Meniere’s Disease, Acoustic Tumors, Otitis Media, Others), End User
(Hospitals, Ambulatory Surgical Centers (ASCs), Research Institutes), Country (U.S.,
Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland,
Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore,
Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of
South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East &
Africa), Market Trends and Forecast to 2027
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Report Description
Audiology devices market is expected to gain market growth in the forecast period of
2020 to 2027. Data Bridge Market Research analyses the market to account to USD 15.86
billion by 2027 growing at a CAGR of 5.45% in the above-mentioned forecast period. The
growing cases of hearing disorder will directly impact the growth of the audiology
devices.
Growing incidence of impairment and loss of hearing among younger generation,
increasing geriatric population, government initiatives for access of hearing aids and
increasing adoption of audiological devices are some of the factors that will accelerate
the growth of the audiology devices market in the forecast period of 2020-2027.
Increasing growth in developed countries and rising health awareness will create new
opportunities for the growth of Audiology devices market in the above mentioned
forecast period.
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Major Key Players
Some of the major players operating in this market are :
• Demant A/S
• GN Store Nord A/S
• Sonova
• Starkey
• Siemens
• Natus Medical Incorporated
• MED-EL
• MedRx, Benson Medical
• Medtronic, MicroTech
• Advanced Bionics AG and affiliates
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Market Segmentation
• By Product (Bone Anchored Aids for Hearing, Cochlear Implants, Hearing
Aids, Diagnostic Devices, Tympanometers, Audiometers, Otoscopes)
• By Sales Channel (Retail Sales, Government Purchases, E-Commerce)
• By End User (Hospitals, Ambulatory Surgical Centers (ASCs), Research
Institutes)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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About Data Bridge Market
Research
An absolute way to forecast what future holds is to comprehend the trend
today!
Data Bridge Market Research set forth itself as an unconventional and
neoteric Market research and consulting firm with unparalleled level of
resilience and integrated approaches. We are determined to unearth the best
market opportunities and foster efficient information for your business to
thrive in the market. Data Bridge endeavors to provide appropriate solutions
to the complex business challenges and initiates an effortless decision-making
process.
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