Canada News

Canadian News and
Press Release Distribution Services
Home | Submit Press Release
Unlimited Press Release Distribution
Press release distribution service

News Media

Abitibi-Tιmiscamingue
Business Vancouver
Canoe-ca
Canada News Center
Daily Herald Tribune
Canada.Com
CTVNews
La Press
National Post
The Globe and Mail
The Province
The Star
The Gazette
Toronto Sun
Yahoo! Canada

Canada Business News and Press Releases

North America Hearing Aids Market Growth at CAGR of 6.3 %, 2017-2021 - Latest Challenges and Trends

 

 

 


(EMAILWIRE.COM, November 29, 2017 ) North America Hearing Aids Market size was around USD 1.56 billion in 2016. It is expected to grow at a CAGR of 6.3% to reach USD 2.11 billion by 2021. It captures 25% of the global market.Hearing loss is a partial or total inability to hear. Hearing aids are sound-amplifying devices designed to aid people who have a hearing impairment. Nearly all hearing aids share numerous close to similar electronic components, including a microphone which picks up sound along with an amplifier circuitry for enhancing the sound, a miniature loudspeaker (receiver) which delivers the amplified sound into the ear canal and lastly batteries which power the electronic parts.

View Full Report: http://marketdataforecast.com/market-reports/north-america-hearing-aids-market-3786/

Apart from the obvious factor of growing incidences, the development of the North America hearing aids market is also affected by factors for example, increasing noise pollutions levels, High decibel exposure, and Digital enhancement of hearing aids. The rising noise pollution worldwide has had a major impact on the hearing ability of adults. Noise emission in heavy duty industries along with public carnivals is likely to damage the hearing capacity of adults, thus resulting into rise in demand for hearing aids. General practice of exposing the ear drum with loud music played on headphones or earphones is a common factor causing hearing problems among the young demographic. Moreover, people working in high-decibel ergonomic environments for example, airports or ordnance factories are estimated to suffer from hearing loss due to overexposure. The demand for hearing aids is also greater among construction worker, due to the loud drilling and dismantling work. The most recent factor fuelling the development of enhanced hearing aids is the adding of headphone, Bluetooth, noise cancellation and several other digital functions in the existing hearing devices. Such technological advancements have increased the demand for expensive hearing aids with additional features.

Request For Sample Brochure: http://marketdataforecast.com/market-reports/north-america-hearing-aids-market-3786/request-sample

• Market Segmentation
• Product
• Introduction
• Hearing AID Devices
• Receiver-In-The-Ear (RITE) Hearing AIDS
• Behind-The-Ear (BTE) Hearing AIDS
• Canal Hearing AIDS
• In-The-Ear (ITE) Hearing AIDS
• Other Hearing AIDS
• Hearing Implants
• Cochlear Implants
• Bone-Anchored Systems
• Y-o-Y Growth Analysis, By Product
• Market Attractiveness Analysis, By Product
• Market Share Analysis, By Product
• Type of Hearing Loss
• Introduction
• Sensorineural Hearing Loss
• Conductive Hearing Loss
• Y-o-Y Growth Analysis, By Type of Hearing Loss
• Market Attractiveness Analysis, By Type of Hearing Loss
• Market Share Analysis, By Type of Hearing Loss
• End User
• Introduction
• Adults
• Pediatrics
• Y-o-Y Growth Analysis, By End User
• Market Attractiveness Analysis, By End User
• Market Share Analysis, By End User


However, the factors that inhibit the growth of the North America hearing aids market include, poor Diagnosis methods, product deficits, and uncomfortable buzzing and amplification. The low battery life of hearing aids is one of the major limitation to the demand of existing products. The consumer is left helpless and deaf, after the battery of the aid runs out. Improper diagnosis of hearing disorders will lead to lower adoption of hearing aids because consumer patients will continue to adjust to the hearing impairment. The evident buzzing and feedback sounds generated by the hearing devices have proved to upset the users, particularly the elderlies because it distracts them while having conversations with their family and friends.

Inquire Before Buying: http://marketdataforecast.com/market-reports/north-america-hearing-aids-market-3786/inquire

On the basis of products, the North America hearing aids market is segmented into hearing implants and hearing aid devices. The hearing aid devices category is likely to command the largest share of the market in 2016. Growing technological advancements and regulatory approvals will fuel the development of this market segment. If we go by type of hearing loss, the market is categorized into sensorineural and conductive. The sensorineural category is estimated to command the largest share of this market. Growth in this category is due to the high prevalence of hearing loss. On the basis of end-users, the hearing aids market is categorized into adult and paediatric. The adult category is estimated to command the largest share of the market in 2016. Rising aging population will propell the growth of this market.

On the basis of geography the market is segmented into US, Canada, and Mexico. It is the second largest market. US is the leading player in the region. The growing number of hearing loss incidences in the US and Canada is likely to drive the market growth in North America.
The major companies in this market include GN Store Nord A/S (Denmark), Cochlear Limited (Australia), MED-EL (Austria), SeboTek Hearing Systems, Starkey Hearing Technologies, Inc. (U.S.), Widex (Denmark), William Demant Holding A/S (Denmark), LLC (U.S.), Sivantos Pte. Ltd. (Singapore), Sonova (Switzerland), and Zounds Hearing, Inc. (U.S.).

About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and sksillset dedicatedly serve clients from various industries and regions.


Market Data Forecast

Abhishek

+1-888- 702-9626

abhishek@marketdataforecast.com

Source: EmailWire.Com


Canada News by Regions
  • Atlantic Canada
  • Calgary
  • Edmonton
  • Halifax
  • Montreal
  • Ottawa
  • Quebec
  • Toronto
  • Vancouver
  • Winnipeg


  • 
    
    
    

    Meeting and Travel
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Meetings & Travel resource center today to browse our selection of 600+ complimentary Meetings & Travel magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    Group Tour Magazine
    Event Design
    Insite from Leisure Group Travel

    No credit cards, coupons, or promo codes required. Try it today!

    EmailWire.com - Press release service
    Press release distribution service

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2009 GroupWeb Media LLC

    GroupWeb Media Network
    AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | iCameroon.com | i-Canada-News.Com | i-SoftwareNews.com | iT-NewsWire.Com
    | InvestorsNewsDesk.Com | i-TravelNewsWire.Com | LegalLaw247.com | Medical-NewsWire.com | MiningNewsWire.net | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | Shopping-NewsWire.com | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com |
    I-Canada-News.com ™ - I-Canada-News.Com is a news service of GroupWeb Media LLC