Pune, India -- (SBWIRE) -- 10/06/2016 -- A hearing aid is a device intended to improve hearing and is classified as medical devices in most countries. Any damage to the small sensory cells in the inner ear, called hair cells, can result in hearing loss. The hearing aids are sold through multiple channels such as company-owned stores, hearing aid clinics, big box retailers, and through government agencies. Hearing Loss can be mild to moderate to severe; hearing loss is commonly classified into conductive hearing loss, sensorineural hearing loss and mixed hearing loss.

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The competition in the hearing aid industry is becoming aggressive because of the entry of new companies. Entry of Samsung may further lead to cost cutting and pricing pressure which will reduce the profits. The demand too has risen because of an increase in old age population which is more prone to hearing loss. New technologies are providing more flexible and convenient options in the hearing aid category.

As per the report "Global Hearing Aid Market (Devices & Cochlear Implants): Industry Analysis & Outlook (2016-2020)" the demand for hearing aid market will be driven by are global diabetic population, global ageing population, increasing healthcare expenditure, increase in chronic kidney diseases and increased use of headphones. Some of the noteworthy trends and developments of this industry are growth in cochlear implant segment, development of wireless hearing aid, next generation rechargeable hearing aid and changing trends of distribution channels. However, the expansion of hearing aid market is hindered by low average selling price, threat from new entrants and legal regulations.

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The hearing aid market report presents an in-depth analysis of the global market along with market of the US. The major trends, growth drivers as well as issues being faced by the industry are being presented in this report. A thorough analysis has been conducted on key market players covering their business overview, product portfolio, financial overview and business strategies.

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Major Points from Table of Contents Provided in Global Hearing Aid Market:

1. Market Overview
1.1 Hearing Aid: Introduction
1.2 Degree of Hearing Loss
1.3 Types of Hearing Loss
1.4 Hearing Aid Devices
1.5 Types of Hearing Aids
1.6 Industry Value Chain

2. Global Hearing Aid Market Analysis
2.1 Global Hearing Aid Market
2.1.1 Global Hearing Aid Market Forecast by Value
2.1.2 Global Hearing Aid Market Value by Segment
2.1.3 Global Hearing Aid Market by Volume
2.1.4 Global Hearing Aid Market Forecast by Volume
2.1.5 Global Hearing Aid Market by Region
2.1.6 Global Hearing Aid Market Forecast by Region
2.1.7 Global Hearing Aid Market Share by Countries
2.1.8 Global Hearing Aid Market Share by Distribution Channels
2.1.9 Global Hearing Devices Market by Region
2.1.10 Hearing Aid Penetration Rate in Prominent Countries
2.2 Global Hearing Implant Market
2.2.1 Global Cochlear Implant Market by Value
2.2.2 Global Cochlear Implant Market Forecast by Value
2.2.3 Global Cochlear Implant Market by Volume
2.2.4 Global Cochlear Implant Market Forecast by Volume
2.2.5 Global Cochlear Implant Market by Age

3. Regional Market Analysis
3.1 The US
3.1.1 The US Hearing Aid Market by Volume
3.1.2 The US Hearing Aid Market Forecast by Volume
3.1.3 The US Hearing Aid Market Volume by Segment
3.1.4 The US Hearing Aid Market Forecast Volume by Segment
3.1.5 The US Hearing Aid Penetration by Degree
3.2 Europe
3.2.1 European Hearing Aid Market by Distribution Channel
3.3 The UK
3.3.1 The UK Hearing Aid Market by Volume
3.3.2 The UK Hearing Aid Market Forecast by Volume
3.3.3 The UK Hearing Aid Market by Distribution Channel
3.4 Germany
3.4.1 Germany Hearing Aid Market Volume
3.4.2 Germany Hearing Aid Market Forecast Volume
3.4.3 Germany Hearing Aid Market by Distribution Channel
3.5 France
3.5.1 France Hearing Aid Market Volume
3.5.2 France Hearing Aid Market Forecast by Volume
3.5.3 France Hearing Aid Market by Distribution Channel

4. Market Dynamics

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