Hearing aid is a small device used by a hearing-impaired person to amplify sound in order to capture it through an ear. Initially, ear devices were designed to gather sound energy in order to pass it into the ear canal. Modern devices are made of computerized electroacoustic systems that help to transform sound in a more intelligible and comfortable way. Audiologists play a vital role in configuring these devices in order to match the frequency with the physical features and lifestyle of the wearer. Hearing aid is not a solution for correction of hearing loss, rather to make the sound accessible to the ear.
One of the primary drivers for this market is the market penetration of digital technologies for hearing aids. With the use of digital technology, the background noise can be eliminated. In some hearing aids, the background noise can be controlled by using volume controller and noise blocker. Furthermore, smartphones have been integrated with the modern applications for helping hearing impairment patients in leading a normal lifestyle. The digital hearing aids are also equipped more than one listening programs. For instance, Signia Insio Primax 7px IIC is one of the premium, digital technology based canal hearing aid device. Signia has introduced a free mobile application called TouchControl, which is compatible with iPhones and Android devices. With the use of this application, the individual can discreetly control the hearing aids using a smartphone. This technological development in the canal hearing aids market is expected to propel the market growth in the coming years.
In terms of region, the market in Europe is expected to expand at the highest growth rate, followed by North America. Rapid rise in geriatric population, growing incidence/increasing prevalence of hearing loss, and high purchasing power of patients is projected to augment the market in the region. Asia Pacific is expected to emerge as the fastest growing market. Developing countries in Asia Pacific such as India and China present significant expansion opportunities. Large patient pool, increasing geriatric population, and rising noise pollution drive the market in these countries. Increase in hearing-related problems, increasing awareness among patients about deafness, and expanding health care infrastructure are factors likely to boost the growth of the market in Latin America.
The global Canal Hearing Aids market was valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Canal Hearing Aids volume and value at global level, regional level and company level. From a global perspective, this report represents overall Canal Hearing Aids market size by analyzing historical data and future prospect.
Regionally, this report categorizes the production, apparent consumption, export and import of Canal Hearing Aids in North America, Europe, China, Japan, Southeast Asia and India.
For each manufacturer covered, this report analyzes their Canal Hearing Aids manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market.
The following manufacturers are covered:
Sonova
Sivantos
Starkey
Aura Hearing Aid
Eartone
GN Hearing
Union Hearing Aid Centre
...
Segment by Regions
North America
Europe
China
Japan
Southeast Asia
India
Segment by Type
CIC
ITC
IIC
Segment by Application
Hospitals
Clinics
Individuals
Summary:
Get latest Market Research Reports on Canal Hearing Aids. Industry analysis & Market Report on Canal Hearing Aids is a syndicated market report, published as Global Canal Hearing Aids Market Professional Survey Report 2019. It is complete Research Study and Industry Analysis of Canal Hearing Aids market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.