Showing posts with label Audiological Devices Market trends. Show all posts
Showing posts with label Audiological Devices Market trends. Show all posts
Audiological Devices Market - Global Industry Analysis,Trends and Forecast, 2012 - 2018
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Audiological
devices are used for the study of hearing and are used by
audiologists for the diagnosis and treatment of hearing loss.
Age-related hearing loss is attributed to the normal aging process
and other demographic factors such as environmental conditions and
occupation. In addition, an individual’s genetic predisposition can
also be considered as a significant factor contributing to hearing
impairment. With the advent of virtually invisible and compact
hearing aid systems, audiology devices are expected to become
ubiquitous consumer electronics in the future.
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The
progress of hearing aids thus depends on industrial innovations
either in incremental or radical steps. Incremental advances are easy
to identify as these involve progressions and advancements in the
existing technologies, whereas radical changes are unpredictable as
they involve introduction of a new concept and technology which has
not been used earlier. Early and efficient diagnosis of hearing
impairment ensures effective treatment measures to enhance the
hearing capacity of the patient. This research report on audiological
devices market explains various advancements occurring in this market
and analyzes the global audiological devices market by product types
as well as by geographic regions. This report comprises an elaborate
executive summary, which includes a market snapshot that provides
market dynamics of various segments and sub-segments that are
included in the report in a precise manner.
A
detailed qualitative analysis of the factors responsible for driving
and restraining the growth of the global audiological devices market
and future opportunities has been provided in the market overview
section. This section of the report also provides market
attractiveness analysis and porter’s five forces analysis and key
players’ market share analysis in 2011 in the audiological devices
market.
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The
global market for audiological devices by product type has segmented
into hearing aids, bone anchored hearing aids (BAHA), cochlear
implants and diagnostic devices. Hearing aids devices are further
categorized into behind-the-ear (BTE) aids, receiver-in-the-ear aids,
in-the-ear (ITE) aids and canal hearing aids (In-the-Canal (ITC).
Likewise, diagnostic devices are further segmented as audiometers,
tympanometers and otoscopes. The market for these devices has been
extensively analyzed based on consistency, effectiveness and sales
revenue of the various products developed by the manufacturers. The
market size and forecast in terms of USD million for each product has
been provided for the period 2010 to 2018. The report on the
audiological devices market also provides % compounded annual growth
rate (CAGR) for each of the aforementioned market segment and sub
segment for the forecast period 2012 to 2018, considering 2011 as the
base year.
Geographically,
the audiological devices market has been categorized into four major
regions: North America, Europe, Asia-Pacific, and Rest of the World
(RoW). The market size and forecast for each of these regions have
been provided for the period 2010 to 2018 along with CAGR (%) for the
forecast period 2012 to 2018. The research study also incorporates
the competitive scenario of major players in these regions.
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A
list of recommendations has been provided for new entrants to help
establish a strong presence and for existing market players to
increase their market share. The report concludes with the profiles
of major players in the audiological devices market based on various
attributes such as company overview, financial overview, business
strategies, product portfolio and recent developments. Major market
players profiled in this report includes Cochlear Limited, GN ReSound
Group, Siemens Healthcare, Sonova Holding AG, Starkey Hearing
Technologies, Widex A/S and William Demant Holding A/S.
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