Global Hearing Amplifiers market
is expected to reach USD 78.2 million by 2022, according to a new study by
Grand View Research Inc. Growing prevalence of deafness and hearing disorders
and the increasing cost of hearing aids are expected to drive the hearing
amplifiers market over the forecast period. Hearing amplifiers are relatively
cheaper products and therefore, are more preferred in patients with manageable
deafness severities. For instance, the ASP of hearing amplifier amounts to USD
200, as opposed to hearing aids priced at approximately USD 450 to 1,000.
Rising R&D investments aimed at new product development in congruence with
the changing consumer dynamics is expected to significantly contribute towards
expedited market growth.
Global hearing
amplifiers market, by product, 2012-2022 (USD Million)
View summary of this report @ http://www.grandviewresearch.com/industry-analysis/hearing-amplifiers-market
Further key findings from the study
suggest:
On
the ear hearing amplifiers were the largest product segment of the market in
2014. The fact that, on the ear hearing amplifiers are comfortable to use,
render high connectivity and are user-friendly is expected to drive segment
growth over the forecast period.
In
the ear hearing amplifiers allow clear perception of surrounding voice as it
blocks the entire ear cavity and prohibit the passage of the user’s own voice
and this is expected to serve the segment as a driver. Moreover, these devices
score high on the consumer preference matrix owing to their aesthetic appeal.
Asia
Pacific is expected to spearhead future market growth.
The
increasing prevalence of deafness especially in the geriatric population and
growing retail healthcare industry in emerging countries such as India and
China are some factors attributing to region’s rapid market growth.
According
to the United Nations study of 2007, by 2025, 64 elderly for every 100 workers
is the estimated ratio in China. In 2003, as per a study of the United Nations
Children's Fund (UNICEF), approximately 10% of the population had hearing loss.
The Second China National Survey on Disability by the China Disabled Persons'
Federation (CDPF) identified 20.04 million people as “hearing impaired”.
Growing population in China and introduction of technologically advanced
devices are expected to drive the market over the forecast period.
Key
players of the hearing amplifiers market include Resound, SoundHawk, Shenzhen
LA Lighting Company Limited, Austar Hearing Science And Technology (Xiamen)
Co., Ltd., Ziphearing and Huizhou Jinghao Electronics Co. Ltd.
Grand
View Research has segmented the hearing amplifiers market on the basis of
products:
Global Hearing
Amplifiers Market, Product Outlook (Revenue, USD Million, Volume (Number of
Units), USP (Price/Unit) 2012 – 2022)
· On-the-Ear/On
the ear
In-the-Ear/ In the ear
In-the-Ear/ In the ear
Hearing Amplifiers
Market, Regional Outlook (Revenue, USD Million, Volume (Number of Units), USP
(Price/Unit) 2012 – 2022)
·
North
America
·
U.S.
·
Canada
·
Europe
·
UK
·
Netherlands
·
Germany
·
Norway
·
Sweden
·
Spain
·
Denmark
·
Switzerland
·
Italy
·
France
·
Russia
·
Others
·
Asia
Pacific
·
Japan
·
China
·
India
·
Australia
·
New
Zealand
·
Others
·
RoW
·
Brazil
·
Others
Request for free sample
of this report @ http://www.grandviewresearch.com/industry-analysis/hearing-amplifiers-market/request
About
Grand View Research
Grand View Research, Inc. is a market research and consulting
company that provides off-the-shelf, customized research reports and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and energy. With a
deep-seated understanding of varied business environments, Grand View Research
provides strategic objective insights.
Contact:
Sherry James
Corporate Sales Specialist, U.S.A.
Grand View Research, Inc.
United States
Phone: 1-415-349-0058
Toll Free: 1-888-202-9519
Email:
sales@grandviewresearch.com
Website: Grand
View Research
No comments:
Post a Comment