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Hearing Implants Market Expected to Witness a Sustainable Growth over 2025 - QY Research
Los Angeles, United States, July 26, 2018 /QY Research, Inc.
This report studies the Hearing Implants market size by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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Hearing implants are an option when conventional hearing aids no longer give enough benefit. Implants are designed for different types of hearing loss. They are surgically implanted devices which can give you the sensation of sound.
The increasing prevalence of hearing loss as one of the primary factors that will trigger the growth of the hearing implants market in the coming years. Developed and developing nations are witnessing increasing prevalence of hearing loss across the world. As of 2016, more than 350 million people are suffering from hearing loss globally and this number is estimated to increase three-fold by 2050. The older adult population is growing at a fast-pace owing to the increasing average life expectancy. Age-related changes in the inner ear are increasing the risk of hearing loss in older adult population. It has been estimated that nearly 35% of people aged 65 years and above are affected by disabled hearing loss worldwide.
The Americas accounted for the maximum shares of the market during 2017. Our analysts have predicted that the Americas will witness steady growth in the hearing aids market in the next five years.
In 2017, the global Hearing Implants market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% between 2018 and 2025.
This report focuses on the global top players, covered
Cochlear
MED-EL
Sonova
William Demant
...
Market segment by Regions/Countries, this report covers
North America
Europe
China
Rest of Asia Pacific
Central & South America
Middle East & Africa
Market segment by Type, the product can be split into
Cochlear implants
Mid-Ear Implants
Bone Anchored Hearing Aids (BAHA)
Auditory Brainstem Implant (ABI)
Market segment by Application, the market can be split into
Adult
Pediatric
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