Global Audiology Devices Market Trends, Size, Forecast - 2019-2025
The audiology devices are anticipated to grow at a CAGR around 6.0% during the forecast period. The factor such as the high prevalence of hearing disorders, increasing incidence of impairment and loss of hearing in the younger generations is anticipated to show a positive impact on the growth of audiology devices market during the forecast period. Audiology devices are the devices that are used for the diagnosis and treatment of hearing impairment or loss and used for monitoring and studying hearing. The frequent hearing loss is often associated with old age and is a rising problem across the globe. Moreover, factors include a large prevalence of deafness and the cosmetic appeal of hearing devices fuel the growth of the market.
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Additionally, advancement in technology, cost-effective devices and widespread acceptance of novel devices in the aging population is anticipated to boost the growth of the audiology devices industry. However, the high cost of devices used in surgeries and individuals refrain from wearing hearing aids due to social disgrace associated with deafness and high price with hearing impairment solutions mainly surgery based is anticipated to hamper the growth of the market. Rising awareness related to the availability of enhanced hearing aids fuel the growth of the market.
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Global Audiology Devices Market Segmentation
By Technology
Digital Hearing Aids
Analog Hearing Aids
By Products
Cochlear Implants
Bone Anchored Hearing Aid Open System
Diagnostic Devices
Tympanometers
Otoscopes
Audiometers
Hearing Aids
In The Ear Aids
Receiver In The Ear Aids
Behind The Ear Aids
Canal Hearing
Regional Analysis
North America
US
Canada
Europe
UK
Germany
Italy
Spain
France
Rest of Europe
Asia-Pacific
China
India
Japan
Rest of Asia-Pacific
Rest of the World
Company Profiles
AMBCO
Audioscan (a Division of Etymonic Design, Inc.)
Benson Medical Instruments, Co.
Cochlear, Ltd.
Demant A/S
GN Store Nord A/S
Grason-Stadler, Inc.
MAICO Diagnostics
MED-ELCorp.
MedRX, Inc.
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