City of Industry, CA -- (SBWIRE) -- 08/20/2018 -- This report studies the global Ear-Based Hearing Aids market status and forecast, categorizes the global Ear-Based Hearing Aids market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

The technological advancements have led to the introduction of innovative in-the-ear products in the market. The battery operated conventional devices have been replaced by advanced, wireless hearing aid devices. The rise in the prevalent cases of hearing loss and transition in the demographics has contributed to the increased use of hearing aids. However, the market faces challenges with the poor reimbursement policies and patient discomfort with the hearing aids.

A rapidly growing number of analog programmable hearing aids are replaced by the digital technologies. The majority of hearing aids are digitalized for the ease of patient and audiologists. With the use of digital technology, the background noise is eliminated. In few hearing aids, the background noise can be controlled by using volume controller and noise blocker. Also, smartphones have been integrated with modern applications for helping hearing impaired patients in leading a normal lifestyle. The digital hearing aids are also equipped more than one listening programs. There is directional microphone technology in use for the upgrading hearing aids available in the market. Moreover, the capability of digital hearing aids, to be equipped with more than one listening programs will propel the market growth of the ear-based hearing aids market during the forecast period.

The global ear-based hearing aids market is characterized by the presence of large (Tier-1), medium (Tier-2) and small sized companies (Tier-3) companies. To gain higher market shares, several global and regional companies in the market offer a wide variety of ear-based hearing aids, implement innovative marketing strategies (such as marketing through e-commerce websites), and use the latest technologies for product development.

In terms of geography, EMEA accounted for the maximum market share and will continue to dominate the market for the next few years. Europe represents the largest market for ear-based hearing aids market. Countries such as the UK, France, and Germany are extensively focusing on patient care, which has led to the higher sales of ear-based hearing aid devices in the region. Also, reimbursement policies for ear-based hearing aid devices in several countries will further augment growth in the global ear-based hearing aids market in the coming years.

The major players covered in this report

Sivantos

Starkey

WIDEX

William Demant

eartone

Elkon

GN ReSound

Knowles Electronics

Medtechnica Orthophone

MicroTech

Miracle Hearing Aid Clinic

Persona Medical

SPECTRUM BRANDS

Shenzhen Sunsky Technology

VARTA Microbattery

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Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering

United States

Europe

China

Japan

Southeast Asia

India

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