According to a recently published report by Brisk Insights, the Global Audiology Devices Market is expected to grow at the CAGR of 5.2% during 2017-2025. The global audiology devices market is segmented on the basis of product type and geography. The report on global audiology devices market forecast 2017-2025 (by product, and geography) provides a detailed overview and predictive analysis of the market.
Full report available on Audiology Devices Market: Global Industry Size, Growth, Share and Forecast to 2025 report at http://www.briskinsights.com/report/audiology-devices-market
Audiology devices are the electronic equipment designed for diagnosis and treatment of patients with hearing impairment. These devices are highly proficient for treating hearing impairment or other disorders related with hearing loss such as congenital hearing problem and nerve deafness. Rising geriatric population leading to growth in the prevalence of hearing loss, growing people awareness regarding hearing aids and favorable reimbursement scenario in the developed nations are the prime factors fueling the growth of audiology devices market. The audiology devices market has been segmented into product types such as hearing aids, cochlear implants, BAHA/BAHS and diagnostic devices. In 2016, the hearing aids dominated the overall audiology devices market and is expected to sustain its dominance throughout the forecast period. The major factors driving the hearing aids market are acceptance of digital hearing aids, rising demand for aesthetically attractive hearing aids are the factors responsible for growth of audiology devices market. In the base year 2016, Europe accounted for the largest market in the global audiology devices market due to rising prevalence of patients with hearing impairments, high public awareness regarding diagnosis and hearing aids and market penetration of advanced products in the market. According to the British MRC Institute of Hearing Research study, around 900 million people in the world will suffer from hearing loss in 2025. Asia-Pacific is expected to grow at an exponential rate during the forecast period due to unmet medical needs, and developing healthcare infrastructure in the emerging markets of India and China.
Scope of the report
1. Global Audiology Devices Market, by Products, 2015–2025 ($ Million)
1.1. Hearing Aids
1.2. Cochlear Implants
1.4. Diagnostic Devices
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2. Global Nebulizers Market, by Geography, 2015-2025 ($ Million)
2.1. North America
2.3. Asia Pacific
2.4. Latin America (LATAM)
2.5. Middle East and Africa (MEA)
3.2. Benson Medical
3.3. Advanced Bionics
3.5. GN ReSound Group
3.11. TV Ears
3.13. William Demant Holdings A/S
3.14. Sonova Holdings AG
3.15. Widex A/S
3.16. Starkey Hearing Technologies
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