Global Audiology Devices Market Size, Share & Trends Analysis Report, 2019-2026 - ResearchAndMarkets.com

DUBLIN--()--The "Audiology Devices Market Size, Share & Trends Analysis Report By Product (Hearing Aids, Cochlear Implants), By Technology (Digital, Analog), By Sales Channel (Retail, Government Purchases), And Segment Forecasts, 2019 - 2026" report has been added to ResearchAndMarkets.com's offering.

The global audiology devices market size is expected to reach USD 15.5 billion by 2026 registering a CAGR of 5.8%

Increasing cases of hearing disorders, especially in geriatric population, rising purchasing capacity, investments in R&D, and government support for better healthcare infrastructure are expected to drive the market over the forecast period.

High comfort offered by newly introduced devices, improved connectivity, and better user interface are some of the factors attributing to high usage rate of audiology devices. Better quality of life along with acceptance of digital hearing aids are anticipated to further drive the market. In a study published in January 2019, it was observed that hearing aids reduce symptoms associated with dementia. However, usage is hampered due to the exclusion of hearing aids or exams for fitting hearing aids from the Original Medicare program.

Hearing aids segment led the market in 2018 and will hold its leading position in future. However, cochlear implants is expected to be the fastest-growing segment over the forecast period. Cochlear implants are widely used owing to their high effectiveness, in terms of sentence understanding.

Further key findings from the study suggest:

  • Digital hearing aids led the technology segment in terms of market share in 2018 due to their increased adaptability and connectivity with mobile devices
  • Retail sales channel was the dominant segment in 2018 and is projected to expand further at the fastest CAGR during the forecast period
  • North America dominated the global audiology devices market in 2018 due to technological advancements and presence of major market participants in the region
  • Asia Pacific is anticipated to witness the fastest CAGR owing to improving healthcare infrastructure along with growing geriatric population in emerging countries, such as India and China
  • Key industry participants include GN ReSound Group, William Demant Holdings A/S, Starkey Hearing Technologies, Widex A/S, Sonova Holdings AG, Phonak, Audioscan, MedRx, Austar Hearing, National Hearing Care, and NHC/Amplifon

Key Topics Covered:

Chapter 1 Methodology and Scope

1.1 Market Segmentation & Scope

1.1.1 Product

1.1.2 Technology

1.1.3 Sales Channel

1.1.4 Regional Scope

1.1.5 Estimates and Forecast Timeline

1.2 Research Methodology

1.3 Information procurement

1.4 Information or Data Analysis

1.5 Market Formulation & Validation

1.6 Model Details

1.7 List of Secondary Sources

1.8 Objectives

Chapter 2 Executive Summary

2.1 Market Outlook

2.2 Segment Outlook

2.3 Competitive Insights

Chapter 3 Market Variables, Trends & Scope

3.1 Market Lineage Outlook

3.1.1 Related/ancillary market outlook

3.2 Market Segmentation

3.3 Penetration & Growth Prospect Mapping

3.3.1 Penetration Analysis

3.3.2 Market driver analysis

3.3.3 Market restraint analysis

3.4 Audiology devices Market: Business Environment Analysis Tools

3.4.1 Porter's Five Forces Analysis

3.4.2 PESTEL Analysis

3.4.3 Major deals & strategic alliances analysis

3.4.3.1 Joint ventures, mergers, & acquisitions

3.4.3.2 Licensing & partnership, technology collaborations

Chapter 4 Audiology Devices Market: Product Analysis

4.1 Audiology Devices Product Market Share Analysis, 2018 & 2026

4.2 Audiology devices Product Market: Segment Dashboard:

4.3 Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the Product Segment

4.3.1 Hearing Aids

4.3.2 Cochlear Implants

4.3.3 BAHA/BAHS

4.3.4 Diagnostic Devices

Chapter 5 Audiology Devices Market: Technology Analysis

5.1 Audiology Devices Technology Market Share Analysis, 2018 & 2026

5.2 Audiology Devices Technology Market: Segment Dashboard:

5.3 Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the Technology Segment

5.3.1 Digital Audiology Devices

5.3.2 Analog Audiology Devices

Chapter 6 Audiology Devices Market: Sales Channel Analysis

6.1 Audiology Devices Sales Channel Market Share Analysis, 2018 & 2026

6.2 Audiology Devices Sales Channel Market: Segment Dashboard:

6.3 Market Size & Forecasts and Trend Analyses, 2015 to 2026 for the Sales Channel Segment

6.3.1 Retail Sales

6.3.2 Government Purchases

6.3.3 E-commerce

Chapter 7 Audiology Devices Market: Regional Analysis

7.1 Audiology Devices Regional Market Share Analysis, 2018 & 2026

7.2 Audiology devices Regional Market: Segment Dashboard

7.3 Regional Market Snapshot (Market Size, CAGR, Top Verticals, Key Players, Top Trends)

7.4 Market Size, & Forecasts, and Trend Analysis, 2015 to 2026

Chapter 8 Competitive Analysis

8.1 Strategic Framework/ Competition Categorization (Key innovators, Market leaders, emerging players

8.2 Vendor Landscape

8.3 Public & Private Companies

8.3.1 Company market position analysis (Revenue, geographic presence, product portfolio, Strategic Initiatives)

8.4 Company Profiles

  • Demant A/S
  • GN Store Nord A/S
  • Sonova
  • Starkey Hearing Technologies
  • Siemens AG
  • WS Audiology A/S
  • Maico Audiological Services
  • Natus Medical Incorporated
  • MED-EL
  • MedRx
  • Tremetrics
  • Benson Medical Instruments
  • Medtronic
  • Ambco
  • MicroTech

For more information about this report visit https://www.researchandmarkets.com/r/hn1uaf

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Contacts

ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900