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High Adoption of Wireless and Cosmetically Appealing Devices to Promote Uptake of Audiological Devic Health Articles | August 16 Jimmy King Jersey , 2016

Audiological Devices Market- Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2012 - 2018. Global Audiological Devices Industry is anticipated to reach a market value of US$8.6 billion by 2018.



The global audiological devices market is highly consolidated Jalen Rose Jersey , with the top six players accounting for nearly 97% of the overall market share in 2011, reports Transparency Market Research (TMR) in a new study. The key players in the audiological devices market are GN ReSound Group, William Demant Holding AS, Sonova Holding AG, Starkey Hearing Technologies Jaaron Simmons Jersey , Widex AS, and Siemens Healthcare.

“The strong holdings of these key players overshadow the contribution by other companies and impose a high entry barrier to the new entrants,” says the author of the report. The contribution by local players and some global players such as Panasonic is very low. However, the competitive rivalry is high in the global audiological devices market with all its constituent companies vying to protect their standing.

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Growing Prevalence of Deafness to Present Appreciable Demand for Audiological Devices

According to the American Academy of Audiology (AAA), hearing loss is the third most reported chronic disability affecting the geriatric population. With the growth in the geriatric population worldwide Isaiah Livers Jersey , growth in the cases of sensorineural hearing damage has also been registered. This has helped the demand for audiological devices as a corrective measure, thereby promoting the growth of the global audiological devices market.

There are various factors such as injuries, and genetic factors, infectious diseases, noise pollution Ibi Watson Jersey , occupational factors, and problems during childbirth, pregnancy, and polypharmacy that lead to hearing loss. The high prevalence of deafness is a major public health issue across the globe. To address this problem, various governments and international organizations are encouraging the use of audiological devices.

Another factor positively influencing the growth of the global audiological devices market is the introduction of cosmetically appealing hearing devices that are small in size and hidden. The growth of these types of devices can be attributed to the changing lifestyles and high purchasing power of the end-users. These factors have consequently boosted the growth of the global audiological devices market.

Social Stigma to Hamper Sales of Audiological Devices

The high cost of surgical solutions such as bone anchored hearing aids (BAHA) and cochlear implant surgery challenge the patients financially. This problem further amplifies for the uninsured patients Glenn Robinson III Jersey , whose population is still low in emerging nations. The patients, thus prefer using conventional hearing aids, thereby hampering the growth rate of the audiological devices market.

The majority of the population suffering from hearing loss tends to be reluctant towards the use of hearing aids and other audiological devices due to the social stigma associated with them. This stigma is likely to negatively influence the growth of the global audiological devices market. However, increasing measures taken by governments, healthcare providers Glen Rice Jersey , and hearing aid manufacturers in order to increase the hearing aid awareness amongst the masses may change the mindset. These measures are likely to encourage the growth of the global audiological devices market.

Wide Product Portfolio to Help Hearing Aids Lead the Global Market

The global audiological devices market was valued at US$6.22 bn in 2011 and is anticipated to reach US$8.648 bn by 2018 at a 4.90% CAGR between 2012 and 2018.

In terms of product type, the global audiological devices market is segmented into BAHA, cochlear implants, hearing aids, and diagnostic devices. The hearing aids segment is the leading segment by value and is anticipated to lead the market until the end of 2018. This can be attributed to a wide product portfolio offered by hearing aids. The global hearing aids market was valued at US$4.65 bn in 2015 and is estimated to reach US$5.12 bn by 2018. However Eli Brooks Jersey , the greater efficiency of cochlear implants and bone anchored hearing aids will assist them in registering positive growth rate.

By geography, Europe is the leading geographical segment by revenue and is expected to maintain its leadership through 2018. A growing incidence of hearing impairment in the region has fuelled the demand for sophisticated and wireless audiological devices. However, Asia Pacific is the most rapidly growing market owing to the improvement in the distribution network of global market players.

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Article Tags: Global Audiological Devices, Audiological Devices Market, Cosmetically Appealing Duncan Robinson Jersey , Global Audiological, Audiological Devices, Devices Market, Hearing Loss, Hearing Aids

Seminar Topics for Computer Science Engineering (CSE)

Posted by sophiasmith on March 30th Derrick Walton Jr. Jersey , 2017


During an Engineering program, all students are made to attend seminars for their growth in their respective field and their overall development. They are required to prepare a topic of their interest and give a presentation on the same. They can choose from a wide range of latest technology-oriented topics and prepare a presentation on the same.


Computer Science Engineering (CSE), one of the most promising and challenging fields of engineering also encompasses a range of subjects that can be considered for Seminars. Some of which are listed below:

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