Europe Dominates Global Hearing Aids Market, According to Daedal Research Report Now Available at MarketPublishers.com12 Jul 2016 • by Natalie Aster
LONDON – The global hearing aids market is expected to be worth around USD 6.914 billion in 2020. The increasing prevalence rates of deafness in tandem with a growing ageing population base globally are major factors driving this market. Furthermore, rapidly increasing market penetration of advanced digital hearing aid technology and a hike in the demand for aesthetically pleasing hearing aids are amid the most outstanding trends in the industry.
To date, Europe takes the lead in the global hearing aid market, with the rising geriatric population acting as a key driver. Germany, France and the UK are the leading hearing aid markets in the European region. North America plays second fiddle, with the APAC region coming third.
Topical research report “Global Deaf/Hearing Aid Market: Size, trends and Forecasts (2016-2020)” drawn up by Daedal Research offers an in-depth, unbiased analysis of the world’s hearing aid market based on volume, by segments, competitors, by geographic region, among others. The study also gives comprehensive insights into the market for hearing impairment treatment. It also provides detailed forecasts of the development path of the overall hearing aid marketplace to 2020, considering the earlier growth patterns, the actual and prospective trends, and also the market growth drivers.
The report also includes a granular analysis of the dominant players in the industry comprising William Demant Holding Group, Sonova Holdings AG and GN ReSound based on attributes like overall business overview, latest developments, financial details and strategies adhered to by the industry leaders to ensure sustainable growth, and more.
More comprehensive studies by our partner are available at Daedal Research page.