Chinese Hearing Aids Sector Examined by AMID in Topical Market Research Report Published at MarketPublishers.com11 Nov 2013 • by Natalie Aster
LONDON – In the past decade, the demand for hearing aids in China has recorded sustainable growth. The Chinese hearing aids market is poised to continue to follow an upward trend and experience double-digit growth in the next five to ten years, driven by the country’s rapidly ageing population along with the growing awareness of the impact of hearing loss.
In 2012, the number of people older than 60 in the country was around 180 million. This part of China’s population is forecast to climb to above 247 million by the end of 2020. There are currently over 27 million people who suffer from hearing loss, with most of not having hearing aids yet. The increasing adoption of western lifestyles coupled with rapid urbanisation is likely to offer more retail opportunities for the industry, thus making China one of the key drivers for the growth of the worldwide hearing aid market.
Topical research report “Hearing Aids Markets in China” prepared by Asia Market Information & Development Co (AMID) offers an insightful guide to the Chinese hearing aids market.
The report presents a comprehensive analysis of the national market for hearing aids. It examines the economic environment in China, characterizes the trends prevailing in the market, and evaluates the investment climate. The research report contains historical (2002, 2007 and 2012) and current data on the industry performance, scrutinizes the industry structure, uncovers supply and demand statistics, and also describes the main marketing channels. The report delves into the competitive scene and profiles the major market participants. Moreover, long-term forecasts for the Chinese hearing aids market through 2017 and 2022 are available in the study.
Hearing Aids Markets in China
Published: October, 2013
Price: US$ 4,000.00
Other Reports on Various Chinese Markets Prepared by AMID Include:
- Medical Devices Markets in China
- Animal Feed Markets in China
- Fruit Juices Markets in China
- Frozen Food Markets in China
- Medical Imaging System and Equipment Markets in China
- Toys and Games Markets in China
More topical and new market research reports by the publisher can be found at AMID page.