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Global Hearing Aids Market 2010-2014 by InfinitiResearch

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TechNavio’s analysts forecast the Global Hearing Aids market to grow at a CAGR of 6.3 percent over the period 2010–2014. One of the key factors contributing to this market growth is the increase in product specialization. The Global Hearing Aids market has also been witnessing an increase in acquisitions and new vendors. However, problems in hearing aid device batteries could pose a challenge to the growth of this market. Key vendors dominating this market space include William Demant Holding A/S, Sonova Holding AG, Widex A/S, Siemens Healthcare, and Starkey Laboratories Inc. TechNavio’s Global Hearing Aids Market 2010–2014 has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions and focuses on the various hearing aid devices available to patients. Key questions answered in this report: What will the market size be in 2014 and at what rate will it grow? What key trends is this market subject to? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the opportunities and threats faced by each of these key vendors? What are the strengths and weaknesses of each of these key vendors?

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									2010–2014   Global Hearing Aids Market




                              technavio insights
2010–2014                 Global Hearing Aids Market




            CONTENTS


            01. Executive Summary ..............................................1

            02. Introduction ...........................................................2

            03. Market Coverage .................................................4

            04. Market Landscape ................................................5

            05. Vendor Landscape ...............................................8

            06. Buying Criteria .....................................................11

            07. Market Growth Drivers ........................................12

            08. Drivers and their Impact .....................................14

            09. Market Challenges .............................................15

            10. Market Trends ......................................................17
            11. Key Vendor Analysis ...........................................19
            11.1 William Demant Holding A/S ............................................. 19

            11.2 Sonova Holding AG ............................................................ 21

            11.3 Widex A/S ............................................................................. 23

            11.4 Siemens Healthcare ............................................................ 24

            11.5 Starkey Laboratories Inc. .................................................... 26

            12. Other Reports in this Series .................................28




2010–2014                                                            Global Hearing Aids Market
2010–2014            Global Hearing Aids Market




            EXHIBITS

            Exhibit 1: Global Hearing Aids Market 2010–2014 (US$
                       billion) .....................................................................................6

            Exhibit 2: Global Hearing Aids Market by Geographical
                       Segmentation 2010 ..............................................................7

            Exhibit 3: Global         Hearing           Aids       Market          by      Vendor
                       Segmentation 2010 ..............................................................9




2010–2014                                                               Global Hearing Aids Market
Global Hearing Aids Market                                                                               1

      01. Executive Summary
                                   2010: US$6.5 billion
       Market Size
                                   2014: US$8.3 billion

       Growth Rate                 6.3 percent CAGR

                                   The Americas
       Key Geographies             EMEA
                                   APAC

                                   Hospitals
       Key           Customer      Medical Clinics
       Segments                    Hearing Aid Centers
                                   Patients

                                   Increase in Acquisitions and New Vendors
       Trends                      Emergence of Hearing Aids Bank in Australia
                                   Increased Adoption of Wireless Hearing Aid Devices

                                   Increase in Product Specialization
                                   Steady Growth of the Global Hearing Aids Market in Developed
       Drivers                      Countries
                                   Advancements in Digital Hearing Aid Devices
                                   Cochlear Implant Product Recalls

                                   High Cost of Hearing Aid Devices
                                   Problems in Hearing Aid Device Batteries
       Challenges
                                   Shortage of Hearing Aid Professionals
                                   Less Public Awareness of Hearing Loss in Developing Countries

                                   William Demant Holding A/S
                                   Sonova Holding AG
       Key Vendors                 Widex A/S
                                   Siemens Healthcare
                                   Starkey Laboratories Inc.




2010–2014                                                                       Global Hearing Aids Market
Global Hearing Aids Market                                                                                   2

      02. Introduction
      Hearing aids are instruments, typically fitted in or behind a wearer's ear, designed to amplify and
      modulate sound for the wearer. A typical hearing aid device includes a microphone, an
      amplifier, a receiver or speaker, and is powered by a battery. Hearing aid devices can further
      be categorized as monaural, for either ear, and binaural, for both ears. Advancements in
      hearing aid technology can help many people with hearing loss understand speech better and
      achieve better communication.

      Hearing aids are one of the fastest growing areas of the Healthcare indu
								
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