There is a wide range of hearing devices on the market today, and it is virtually impossible to keep track of them without the proper hearing aid market research. Many medical device providers are not equipped to spend the resources required for complete hearing aid market analysis.
One iData Research hearing aid market research report can help you sort out all of the different information you need to succeed in the hearing devices market. Our research includes extensive information on cochlear implants, direct drive implants, bone-anchored hearing aids, otoacoustic emission analyzers, real ear analyzers, tympanometers, audiometers, auditory brainstem response analyzers, traditional hearing aids and even hearing aid batteries.
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Medinol
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Aurora Spine
Aurora Spine
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-Medical Device Commercialization Strategist
The Experia Group, LLC
The Experia Group, LLC
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Zeus Industrial Products, Inc.
Zeus Industrial Products, Inc.
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Chattanooga Orthopedic Group
Chattanooga Orthopedic Group
iData Research has an ever-expanding medical market intelligence library consisting of focused, in-depth, accurate, and exclusive research you will not find anywhere else. Our highly qualified team of industry analysts follow a structured and independent research methodology designed to provide the most valuable return on actionable market data in the world.
Industry Trends The hearing device market is limited by the difficulty that it takes to sell these devices. In many regions, the right to sell hearing aids is limited to audiologists and hearing instrument specialists. Audiologists require several years of schooling and, in most places, hearing... more...
Overall, the hearing aids and audiology device market was valued at over $2.82 billion in 2016. This is expected to increase over the forecast period at a CAGR of 4% to exceed $3.72 billion. The traditional hearing aid market in this report is analyzed at both a manufacturer level, as well as at a... more...
Industry Trends Manufacturers of cochlear implants will differ with the numbers of electrodes. The device provides a treatment option for those with hearing loss too severe (due to loss of cochlea sensory hair cells) to be treated with standard hearing aids, as well as those with damaged middle... more...
Industry Trends Historically, the adoption rate of hearing aids by hearing impaired individuals has been low. In terms of age groups, the 50 to 60 age group has low adoption rates, despite many marketing attempts to capture this particular demographic. Adoption rates are highest among patients with... more...
Higher post-fit satisfaction of patients fitted with hearing aids with the aid of the real ear analyzers will contribute to higher referral rates and lower hearing aid returns. In addition, audiologists will often feel the need to provide their patients with as complete diagnostics as possible; if... more...
The video otoscope market accounted for a larger portion of the total market largely due to its higher average selling price and units sold. However, expected decline in sales volume in this segment will restrict future growth of the overall market. Otoscopes are a necessary tool for physicians... more...
Given the relative expense of OAE and ABR analyzers and the high ASP that they command, the market will grow at a low rate as audiologists expand into infant screening and use OAE analyzers as a supplement or substitute for tympanometers. Market growth will also be further augmented by a steady... more...
Success in this market will depend upon whether companies can get reimbursement for these products. Furthermore, market growth resulting from any future approvals is expected to be small, as bone-anchored hearing aids already treat mixed and conductive hearing loss and are much less expensive. Any... more...
Growth in this market is due to a few major trends. The first is increasing aging population, which drives the demand for new hearing aid installations and consequently increases the installed base of devices requiring batteries. The second contributor is that manufacturers offering private label... more...
The aging of the baby boom generation will help drive moderate growth in this market. The growth of the over-65 demographic group will increase the demand for auditory screening and diagnoses. Technical improvements will also contribute to market growth. Diagnostic hearing devices are designed to... more...
Growth in unit sales has been adjusted down significantly compared to past estimates as the market had not expanded at a rate competitors had previously hoped for. Nevertheless, the market has seen considerable sales growth in recent years, a trend that is expected to continue into the forecast... more...
The U.S. Occupational Safety and Health Administration (OSHA) is an agency of the United States Department of Labor that enforces standards for workplace safety and health. OSHA legal requirements drive the industrial audiometer market, as employers will hire an audiologist who has purchased an... more...
While otoscopes are not hearing aids themselves, they are a critical part of the hearing health industry and are included in our industry analysis. Physicians use otoscopes to diagnose issues of the ear, making them connected to the hearing aid market.
Today’s otoscopes may be standard or video otoscopes that have recording and playback functions. However, the future of otoscopes and video otoscopes is not clear. As a medical device provider, you need to know if advancing technology will improve upon the otoscope or make it obsolete. It is this kind of information that our hearing device market research provides.
The Benefits of iData Research for the Hearing Device Industry
As the population ages, the market for hearing devices may dramatically increase in importance. With an aging population increasing the need for hearing assistance, the companies that have the best device offering and targeting will be at a considerable advantage over their competitors. In the recent past, developers of hearing enhancements have shown dramatic results, restoring hearing to those with little or no hearing at all. Knowing the progression of this kind of technology and the future will help guide your company’s strategic decisions.
iData Research has the hearing devices market research you need to make smart decisions about your involvement with the future of hearing devices. Use our extensively researched information to make better decisions with respect to planning your marketing and sales strategies and to product development. Learn where your competitors are focusing their efforts and if you should focus yours in the same area.
Take advantage of the same market analysis that has been used by some of the biggest Fortune 500 companies to verify their own research. This is information we have carefully analyzed and researched, so you know you can trust it.
Order Your Hearing Device Market Reports Now
If your company is involved with the hearing device market, it’s critical to have the best hearing aid market analysis. Our reports often pay for themselves with your ability to use this information to make smart market decisions. Take a look at our hearing device market report options and order yours today.
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