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Hearing Aid Batteries Global Industry Will Grow at a CAGR of 5.59% During the Period 2018-2022: Duracell, Energizer Holdings, Montana Tech Components, Panasonic

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Albany, NY -- (SBWIRE) -- 02/01/2018 -- Based on the battery type hearing aids can be segmented into primary and secondary batteries. During 2017, the primary battery segment accounted for the major share of the hearing aid batteries market. Primary batteries used in hearing aids are non-rechargeable and have to be constantly replaced. Owing to the benefits including high energy density, low discharge rate, and long-lasting battery life under low-power conditions, zinc-air batteries pose as the most ideal choice for customers. With their easy availability and consistent performance in different climatic conditions, the demand for these batteries will increase during the coming years.

Technavios analysts forecast the global hearing aid batteries market to grow at a CAGR of 5.59% during the period 2018-2022.

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Covered in this report
The report covers the present scenario and the growth prospects of the global hearing aid batteries market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of hearing aid batteries.

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

Global Hearing Aid Batteries Market 2018-2022, 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 vendors
Energizer Holdings
Montana Tech Components
Other prominent vendors
Renata (a company of The Swatch Group)
ZhuHai Zhi Li Baterry

Market driver
The increase in online sales of hearing aid devices
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Market trend
IT-enabled hearing aid devices
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Key questions answered in this report
What will the market size be in 2022 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?

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