• Resources
  • Blog
  • Journalists
  • +44 (0)20 7454 5110
  • Data Privacy
  • Sign Up
  • Send a Release
Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • News
  • Products
    • Overview
    • Content Distribution
    • Multimedia Services
    • Disclosure Services
    • Cision Communications Cloud®
  • Contact
    • General Enquiries
    • Media Enquiries
    • Partnerships
    • Worldwide Offices

 

When typing in this field, a list of search results will appear and be automatically updated as you type.

Searching for your content...

No results found. Please change your search terms and try again.
  • News in Focus
      • Browse News Releases

      • All Public Company News
      • All Multimedia News
      • View All News Releases

      • Regulatory News

      • D/A/CH Regulatory News
      • UK Regulatory News
      • View All Regulatory News

  • Business & Money
      • Auto & Transportation
      • Aerospace & Defense
      • Air Freight
      • Airlines & Aviation
      • Automotive
      • Maritime & Shipbuilding
      • Railroads & Intermodal Transportation
      • Supply Chain/Logistics
      • Transportation, Trucking & Railroad
      • Travel
      • Trucking & Road Transportation
      • View All Auto & Transportation

      • Business Technology
      • Blockchain
      • Broadcast Tech
      • Computer & Electronics
      • Computer Hardware
      • Computer Software
      • Data Analytics
      • Electronic Commerce
      • Electronic Components
      • Electronic Design Automation
      • Financial Technology
      • High Tech Security
      • Internet Technology
      • Nanotechnology
      • Networks
      • Peripherals
      • Semiconductors
      • View All Business Technology

      • Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Financial Services & Investing
      • Accounting News & Issues
      • Acquisitions, Mergers & Takeovers
      • Banking & Financial Services
      • Bankruptcy
      • Bond & Stock Ratings
      • Conference Call Announcements
      • Contracts
      • Cryptocurrency
      • Dividends
      • Earnings
      • Earnings Forecasts & Projections
      • Financing Agreements
      • Insurance
      • Investments Opinions
      • Joint Ventures
      • Mutual Funds
      • Private Placement
      • Real Estate
      • Restructuring & Recapitalisation
      • Sales Reports
      • Shareholder Activism
      • Shareholder Meetings
      • Stock Offering
      • Stock Split
      • Venture Capital
      • View All Financial Services & Investing

      • General Business
      • Awards
      • Commercial Real Estate
      • Corporate Expansion
      • Earnings
      • Environmental, Social and Governance (ESG)
      • Human Resource & Workforce Management
      • Licensing
      • New Products & Services
      • Obituaries
      • Outsourcing Businesses
      • Overseas Real Estate (non-US)
      • Personnel Announcements
      • Real Estate Transactions
      • Residential Real Estate
      • Small Business Services
      • Socially Responsible Investing
      • Surveys, Polls & Research
      • Trade Show News
      • View All General Business

  • Science & Tech
      • Consumer Technology
      • Artificial Intelligence
      • Blockchain
      • Cloud Computing/Internet of Things
      • Computer Electronics
      • Computer Hardware
      • Computer Software
      • Consumer Electronics
      • Cryptocurrency
      • Data Analytics
      • Electronic Commerce
      • Electronic Gaming
      • Financial Technology
      • Mobile Entertainment
      • Multimedia & Internet
      • Peripherals
      • Social Media
      • STEM (Science, Tech, Engineering, Math)
      • Supply Chain/Logistics
      • Wireless Communications
      • View All Consumer Technology

      • Energy & Natural Resources
      • Alternative Energies
      • Chemical
      • Electrical Utilities
      • Gas
      • General Manufacturing
      • Mining
      • Mining & Metals
      • Oil & Energy
      • Oil & Gas Discoveries
      • Utilities
      • Water Utilities
      • View All Energy & Natural Resources

      • Environ­ment
      • Conservation & Recycling
      • Environmental Issues
      • Environmental Policy
      • Environmental Products & Services
      • Green Technology
      • Natural Disasters
      • View All Environ­ment

      • Heavy Industry & Manufacturing
      • Aerospace & Defence
      • Agriculture
      • Chemical
      • Construction & Building
      • General Manufacturing
      • HVAC (Heating, Ventilation & Air-Conditioning)
      • Machinery
      • Machine Tools, Metalworking & Metallurgy
      • Mining
      • Mining & Metals
      • Paper, Forest Products & Containers
      • Precious Metals
      • Textiles
      • Tobacco
      • View All Heavy Industry & Manufacturing

      • Telecomm­unications
      • Carriers & Services
      • Mobile Entertainment
      • Networks
      • Peripherals
      • Telecommunications Equipment
      • Telecommunications Industry
      • VoIP (Voice over Internet Protocol)
      • Wireless Communications
      • View All Telecomm­unications

  • Lifestyle & Health
      • Consumer Products & Retail
      • Animals & Pets
      • Beers, Wines & Spirits
      • Beverages
      • Bridal Services
      • Cannabis
      • Cosmetics & Personal Care
      • Fashion
      • Food & Beverages
      • Furniture & Furnishings
      • Home Improvement
      • Household, Consumer & Cosmetics
      • Household Products
      • Jewellery
      • Non-Alcoholic Beverages
      • Office Products
      • Organic Food
      • Product Recalls
      • Restaurants
      • Retail
      • Supermarkets
      • Toys
      • View All Consumer Products & Retail

      • Entertain­ment & Media
      • Advertising
      • Art
      • Books
      • Entertainment
      • Film & Motion Picture
      • Magazines
      • Music
      • Publishing & Information Services
      • Radio & Podcast
      • Television
      • View All Entertain­ment & Media

      • Health
      • Biometrics
      • Biotechnology
      • Clinical Trials & Medical Discoveries
      • Dentistry
      • FDA Approval
      • Fitness/Wellness
      • Health Care & Hospitals
      • Health Insurance
      • Infection Control
      • International Medical Approval
      • Medical Equipment
      • Medical Pharmaceuticals
      • Mental Health
      • Pharmaceuticals
      • Supplementary Medicine
      • View All Health

      • Sports
      • General Sports
      • Outdoors, Camping & Hiking
      • Sporting Events
      • Sports Equipment & Accessories
      • View All Sports

      • Travel
      • Amusement Parks & Tourist Attractions
      • Gambling & Casinos
      • Hotels & Resorts
      • Leisure & Tourism
      • Outdoors, Camping & Hiking
      • Passenger Aviation
      • Travel Industry
      • View All Travel

  • Policy & Public Interest
      • Policy & Public Interest
      • Animal Welfare
      • Corporate Social Responsibility
      • Economic News, Trends & Analysis
      • Education
      • Environmental
      • European Government
      • Labour & Union
      • Natural Disasters
      • Not For Profit
      • Public Safety
      • View All Policy & Public Interest

  • People & Culture
      • People & Culture

      • Aboriginal, First Nations & Native American
      • African American
      • Asian American
      • Children
      • Diversity, Equity & Inclusion
      • Hispanic
      • Lesbian, Gay & Bisexual
      • Men's Interest
      • People with Disabilities
      • Religion
      • Senior Citizens
      • Veterans
      • Women
      • View All People & Culture

  • Overview
  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Worldwide Offices
  • Cision PR Newswire UK provides press release distribution, targeting, monitoring, and marketing services
  • Send a Release
    • Phone

    • +44 (0)20 7454 5110 from 8 AM - 5:30 PM GMT

    • ALL CONTACT INFO
    • Contact Us

      +44 (0)20 7454 5110
      from 8 AM - 5:30 PM GMT

  • Log In
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • GDPR
  • News in Focus
    • Browse News Releases
    • Regulatory News
  • Business & Money
    • Auto & Transportation
    • Business Technology
    • Entertain­ment & Media
    • Financial Services & Investing
    • General Business
  • Science & Tech
    • Consumer Technology
    • Energy & Natural Resources
    • Environ­ment
    • Heavy Industry & Manufacturing
    • Telecomm­unications
  • Lifestyle & Health
    • Consumer Products & Retail
    • Entertain­ment & Media
    • Health
    • Sports
    • Travel
  • Policy & Public Interest
    • Policy & Public Interest
  • People & Culture
    • People & Culture
  • Log In
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • GDPR
  • Overview
  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®
  • Log In
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • GDPR
  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Worldwide Offices
  • Log In
  • Sign Up
  • Resources
  • Blog
  • Journalists
  • GDPR

Hearing Amplifiers Market Will Surge at 5% CAGR to hit $88.5 Mn by 2024: Global Market Insights, Inc.


News provided by

Global Market Insights, Inc.

09 Jan, 2019, 11:00 GMT

Share this article

Share this article


SELBYVILLE, Delaware, January 9, 2019 /PRNewswire/ --

Global Market Insights, Inc. (PRNewsfoto/Global Market Insights, Inc.)
Global Market Insights, Inc. (PRNewsfoto/Global Market Insights, Inc.)

North America hearing amplifiers market dominated the global market and was valued at USD 23.5 million revenue in 2017 and high revenue can be attributed to the rising geriatric population coupled with increasing prevalence of hearing ailments. Strong government support and initiatives undertaken by National Institute on Deafness and Other Communication Disorders (NIDCD) is another contributing factor in the hearing amplifiers business growth. Favorable reimbursement scenario including hearing services such as hearing aid evaluation & services, audiological assessment to children suffering from hearing disorders will further accelerate industry growth.

     (Logo: https://mma.prnewswire.com/media/661916/GMI.jpg )

Global Hearing Amplifiers Market will surpass USD 88.5 million by 2024; according to a new research report by Global Market Insights, Inc. Increasing prevalence of hearing impairment cases coupled with growing geriatric population prone to hearing loss is the key factor driving hearing amplifiers market growth. As per the United Nations, people aged 60 years and above was around 962 million in 2017. This number is estimated to show two-fold growth to reach 2.1 billion by 2050. In addition, presence of organizations that ensure effective care for people with hearing impairment will further fuel hearing amplifiers business growth in the foreseeable future.

Technological advancement in hearing amplifiers and ongoing product innovations will render positive impact on the hearing amplifiers industry growth. Availability of amplifiers with advanced features including analysis of user environment and adjustment of the inputs, noise reduction as well as wind noise managers to filter out unpleasant noise will increase its adoption among the patient population. However, social stigma associated with the wearing of hearing aids may impede the market growth to certain extent in the coming years.

Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/672

On-the-ear hearing amplifiers segment was valued at USD 44.6 million in 2017 and is anticipated to grow considerably over the estimated timeline. Segment growth is attributed to the cost effectiveness and comfort offered by the on-the-ear amplifiers. Ability of on-the-ear hearing amplifiers to offer greater amplification and longevity as compared to in-the-ear models will increase its adoption among the patient population. Moreover, advancements in hearing amplifiers in terms of technology and designs should further spur the segment size.

Hospital pharmacies segment accounted for 41.8% revenue share in 2017 and will witness significant growth in the coming years. Hospital pharmacies provides over the counter hearing amplifiers for people with mild hearing loss or hearing loss caused by other medical conditions. Moreover, high preference of geriatric patient base towards buying hearing amplifiers through hospital pharmacies due to lack of awareness regarding innovative pharmacies including online pharmacies will upsurge the hearing amplifiers industry growth over forthcoming years.

Browse key industry insights spread across 150 pages with 210 market data tables & 07 figures & charts from the report, "Hearing Amplifiers Market Size By Product (On-the-Ear, In-the-Ear), By Distribution Channel (Hospital Pharmacies, Online Pharmacies), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Netherlands, Germany, Norway, Sweden, Spain, Denmark, Switzerland, Italy, France, Russia, Japan, China, India, Australia, New Zealand, Brazil, Mexico, South Africa, Saudi Arabia), Application Potential, Competitive Market Share & Forecast, 2018 - 2024" in detail along with the table of contents: 

https://www.gminsights.com/industry-analysis/hearing-amplifiers-market

Asia Pacific hearing amplifiers market is estimated to witness 6.1% CAGR over the analysis timeframe, due to rising prevalence of hearing loss, growing elderly population and supportive organization and government initiatives. Awareness campaigns and programs by government and other organizations such as China Research and Rehabilitation Centre for Deaf Children (CRRCDC) to raise awareness regarding hearing tests and treatment as well as provide free hearing screening, consultations will further favor regional growth.

Prominent industry players operational in the hearing amplifiers market include Etymotic Research, Soundhawk Corporation, Focus Ear, IntriCon, Onsemi, Bragi, DopplerLabs, Nuheara, iHear Medical, EarGO, Samsung Electronics and Sivantos. Industry players primarily focus on certain strategic initiatives including mergers, acquisitions as well as new product launch, to capitalize on market opportunities and strengthen their market position. For instance, in March 2016, IntriCon Corporation announced introduction of Audion16, its new sixteen-channel hearing aid amplifier at the annual convention of the American Academy of Audiology. Audion16 is advanced adaptive feedback manager that offers customizable voice prompts and wind suppression that greatly improve the user experience. The new product launch will help in expanding company's existing product portfolio. The strategy aimed at enhancing company's product portfolio and broadening its customer base.

Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/672

Browse Related Reports: 

  • Audiology Devices Market Size Forecast 2017 - 2024 

Global Audiology Devices Market crossed USD 7 billion in 2016 and is expected to witness more than 5% CAGR from 2017 to 2024 as increasing prevalence of hearing loss disorders will propel the industry demand.

https://www.gminsights.com/industry-analysis/audiology-devices-market-report

  • ENT (Ear, Nose, Throat) Devices Market Size Outlook 2018 - 2024 

ENT (Ear, Nose, Throat) Devices Market crossed USD 13.4 billion in 2016 and is expected to witness more than 8.1% CAGR from 2017 to 2024 as increasing incidence of hearing loss, deafness, nasal trauma and throat infections along with rising noise pollution boost the market growth.    

https://www.gminsights.com/industry-analysis/ent-devices-market

About Global Market Insights 

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: +1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Web: https://www.gminsights.com
Blog: http://news-researchers.com/

Connect with us: Facebook | Google+ | LinkedIn | Twitter

SOURCE Global Market Insights, Inc.

Modal title

Also from this source

Kidney Stones Management Market to hit $3.2 Billion by 2028, Says ...

Kidney Stones Management Market to hit $3.2 Billion by 2028, Says ...

Explore

More news releases in similar topics

  • Health Care & Hospitals
  • Medical Pharmaceuticals
  • Medical Equipment
  • Surveys, Polls & Research

Contact PR Newswire

  • +44 (0)20 7454 5110
    from 8 AM - 5:30 PM GMT

  • General Enquiries
  • Media Enquiries
  • Partnerships
  • Worldwide Offices

Products

  • Content Distribution
  • Multimedia Services
  • Disclosure Services
  • Cision Communications Cloud®

About

  • About PR Newswire
  • About Cision
  • Partnering Opportunities
  • Careers
  • Asia
  • Brazil
  • Canada
  • Czech
  • Denmark
  • Finland
  • France
  • Germany
  • India
  • Israel
  • Mexico
  • Middle East
  • Netherlands
  • Norway
  • Poland
  • Portugal
  • Russia
  • Slovakia
  • Spain
  • Sweden
  • United States

My Services

  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists

Contact PR Newswire

Products

About

My Services
  • All News Releases
  • Customer Portal
  • Resources
  • Blog
  • Journalists
+44 (0)20 7454 5110
from 8 AM - 5:30 PM GMT
  • Terms of Use
  • Privacy Policy
  • Information Security Policy
  • Site Map
  • RSS
  • Cookie Settings
Copyright © 2022 PR Newswire Europe Limited. All Rights Reserved. A Cision company.