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Global Bone-Anchored Hearing Aids Market to Grow at a CAGR of 14.01% During the Period 2016 - 2020; Finds New Report

Market Research Reports, Inc. has announced the addition of “Global Bone Anchored Hearing Aids Market 2016 - 2020” research report to their website


Lewes, DE -- (SBWIRE) -- 09/21/2016 -- Report forecast the global bone-anchored hearing aids market to grow at a CAGR of 14.01% during the period 2016-2020.

Hearing aid amplifies the sound volume and improves sound perception to support people with hearing impairment but does not restore the normal functioning of the ear. The device has three basic components: microphone, amplifier, and speaker. The microphone of a hearing aid receives and converts sound waves into electrical signals. An amplifier increases the power of these signals and sends them to the ear through a speaker.

Factors such as sound quality, less expensive than its alternative (cochlear implant), low maintenance cost, better comfort, and reduced ear infection will encourage customers to opt bone-anchored hearing aids over other hearing aids available in the market.

The report covers the present scenario and the growth prospects of the global bone-anchored hearing aids market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of stand-alone bone-anchored hearing aids globally.

The market is divided into the following segments based on geography:
- Americas

According to the report, the increase in demand for aesthetic hearing aids is one of the primary drivers contributing to this market's growth. People with hearing loss can select from the analog or digital hearing aids present in the market. Hearing aids are cosmetic and invisible in appearance and provide comfort and satisfaction to individuals. In addition, advances in technology have led to better sound quality of the devices with higher frequencies and transmission of sound waves directly to the brain with the same hearing threshold frequency. Cosmetic hearing aids, also known as canal hearing aids, are quite small and are available in different designs with special features.

Further, the report states that the complications and risks associated with bone-anchored hearing aids is a major challenge this market is facing. The complication and risks associated with bone-anchored hearing devices faced many clinical issues as the data was not supported or recommended according to the regulatory needs. Although much of audiometric results were studied the average dynamic range remained a criterion due to increased sensitivity in positioning of the bone-anchored hearing aid. The primary challenge regardless of design and comfort is the sufficient power supply from the batteries. The skin related drawbacks include the loss of osseointegration and thickness. The conventional bone anchored hearing aid consists of a transducer and an amplifier that is attached to the spectacle frame, this will create discomfort causing constant pressure from the transducer and cause poor sound quality at higher frequencies. These problems are mostly seen in children as they have playful environment and are unable to maintain the hearing aid.

Global Bone-anchored Hearing Aids Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global bone anchored hearing aids market: Cochlear, MED-EL, and William Demant.

Other Prominent Vendors in the market are: GN Store Nord, Sonitus Medical, and Sophono.

Key vendors
- Cochlear
- William Demant

Other prominent vendors
- GN Store Nord
- Sonitus Medical
- Sophono

Market driver
- Increase in demand for aesthetic hearing aids
- For a full, detailed list, view our report

Market challenge
- Complications/risks associated with bone-anchored hearing aids
- For a full, detailed list, view our report

Market trend
- Introduction of wireless bone-anchored hearing aids
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 68 pages and 37 Exhibit "Global Bone Anchored Hearing Aids Market 2016 - 2020" report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Hearing healthcare industry: An overview, Global hearing aids market, Bone-anchored hearing aids: An overview, Bone-anchored hearing aids: Cost and reimbursement scenario, Geographical segmentation, Key leading countries, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Key vendor analysis, Appendix.

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