DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/4n4cdr/brazilian_market) has announced the addition of the "Brazilian Market for Hearing Devices and Batteries - 2015" report to their offering.
Hearing loss is strongly associated with age, with at least moderate hearing loss becoming common above 65 years of age. The aging population combined with technological improvements in hearing aid circuitry and the increasing defrayal by the government will drive the market.
Through 2021, the bone-anchored hearing aid market will have the highest CAGR due to its relatively low penetration and high growth potential, especially on the public market. In a similar way, the cochlear implant market is expected to experience double-digit growth over the forecast period.
Technological innovations in hearing aid circuitry improve sound quality and immediate post-fit satisfaction, as well as provide new features. Technological innovations, which are first delivered in a manufacturer's flagship or premium device, will trickle down through the rest of the product line, driving the growth of premium models as well lower-tier devices.
Brazilian public healthcare network accounts for the majority unit share of hearing aids sold, and therefore strongly contributes to overall market sales. Cochlear implant procedures have also been defrayed by the SUS for hearing-impaired people in all age groups, which represents approximately 90% of the overall cochlear implant market.
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Brazilian Market For Hearing Devices And Batteries Overview
4. Hearing Aid Market
5. Hearing Aid Market By Style
6. Hearing Aid Market By Circuit
7. Bone-Anchored Hearing Aid Market
8. Cochlear Implant Market
9. Hearing Aid Battery Market
- Advanced Bionics
- Power One
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