DUBLIN--(BUSINESS WIRE)--The "Bone Anchored Hearing Aids Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024" report has been added to ResearchAndMarkets.com's offering.
The report predicts the global bone anchored hearing aids market to grow with a CAGR of 14.6% over the forecast period of 2018-2024.
According to the WHO, around 466 million people are suffering from hearing losses and among that 34 million are children. The prevalence of the hearing losses among the children's and the older are rising which creates the demand of bone-anchored hearing aid (BAHA) worldwide. In addition, the geriatric population, ongoing technological advancements, rising consumers interest in the BAHA over the conventional hearing aids are some of the factors driving market growth of bone-anchored hearing aid.
Meanwhile, in bone-anchored hearing aid, the sound quality is deficient due to the sound energy is lost during the transmission process. Also it has some disadvantages such as discomfort and the pain which is hampering the market growth. Moreover, to improve the sound quality the companies are focusing on the adoption of digital hearing aids and other new advanced technologies which are likely to create several opportunities in upcoming years.
Among the regions, North America dominates the market of bone-anchored hearing aid owing to the wide use of bone anchored hearing technologies in this region. Europe is the second largest region in the bone-anchored hearing aid market and the Asia-pacific is fastest growing region due to rapidly growing geriatric populations in this region
Key Topics Covered
2. Executive Summary
3. Global Bone Anchored Hearing Aids Market Overview
4. Global Bone Anchored Hearing Aids Market by Raw Material
5. Global Bone Anchored Hearing Aids Market by Application
6. Global Bone Anchored Hearing Aids Market by End-User
7. Global Bone Anchored Hearing Aids Market by Region 2018-2024
8. Companies Covered
- Siemens AG
- Sonova Holding AG
- GN ReSound
- Sonic Innovations, Inc.
- Cochlear Ltd.
- Starkey Hearing Technologies
- Oticon A/S
- Bernafon AG
- Natus Medical Incorporated
- William Demant Holding
For more information about this report visit https://www.researchandmarkets.com/research/x99fwq/worldwide_bone?w=4