"Global Audiological Devices Market 2015-2019" now available at Fast Market Research

Audiological devices are hearing aids that are used in the diagnosis and treatment of hearing loss and balance disorders. The audiological devices are small electronic devices, which consists of three parts: microphone, speaker, and amplifier. A hearing aid works on conversion of sound waves to electrical signals. A sound wave is send across through a microphone, which then converts to electrical signals and delivers to an amplifier. The signals are then retrieved by the amplifier and send via a speaker. The devices are made with advanced technologies and new concepts to diagnose hearing impairment and to increase hearing capacity of the patient. Hearing loss is caused due to chronic ear infections, meningitis, measles, mumps, and presbycusis (age-related hearing loss). BTE, ITE, CIC, IIC, RIC, and RITE are different type of hearing aids available in the market.

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TechNavio's analysts forecast the Global Audiological Device market to grow at a CAGR of 6.01 percent over the period 2014-2019.

Covered in this Report

This reports covers the present scenario and growth prospects of the Global Audiological Devices market for the period 2014-2019. To calculate the market size, the report considers the revenue generated from the sales of audiological devices.

Classification of Product

* Hearing aids (BTE, ITE, ITC, receiver in the ear)
* BAHA
* Cochlear Implants
* Diagnostic devices (Audiometers, Otoscopes, and Tympanometers)

The report presents the vendor landscape and a corresponding detailed analysis of the top vendors in the Global Audiological Devices market. The vendor landscape in this report focuses on the vendors that provide access to new technologies and advances in hearing aid technology. The report also outlines the challenges faced by the vendors and the market at large, as well as the key rends emerging in the market.

TechNavio's report, the Global Audiological Devices market 2014-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, the APAC region and the EMEA region; it also covers the Global Audiological Devices market landscape and its growth prospects in the coming years. The report also includes a discussion on the key vendors operating in this market.

Key Regions

* Americas
* APAC
* EMEA

Key Vendors

* Cochlear Limited
* Siemens Healthcare
* Sonova Holdings
* Starkey Hearing Technologies
* Widex
* William Demant

Other Prominent Vendors

* Beltone
* Bernafon
* GN ReSound Group
* SeboTek Hearing Systems

Market Driver

* Increase in Prevalence of Disabling Hearing loss in Aging Population
* For a full, detailed list, view our report

Market Challenge

* High Cost

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