Report Published by research nester report titled “Bone Conduction Hearing Devices Market: Global Demand Analysis & Opportunity Outlook 2027” delivers the detailed overview of the global bone conduction hearing devices market in terms of market segmentation by device, by application, by end-user and by region.
Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.
The global bone conduction hearing devices market can be segmented on the basis of device type, application, end-user and region. On the basis of device type, it is sub-segmented into bone anchored hearing aids and traditional bone conduction hearing aids. The bone anchored hearing aids is anticipated to be the largest sub-segment for the global bone conduction hearing devices market. The low-cost of the bone anchored hearing aids coupled with the low chance of infections caused by bone anchored hearing aids is anticipated to be the primary reason for the sub-segment to lead the segment.
On the basis of application, it is sub-segmented into mitigation of stuttering, hearing rehabilitation, audiometric investigations, language development approaches and communication systems. On the basis of end-user, it is sub-segmented into ambulatory surgical centers, hospitals and ENT clinics. Hospitals sub-segment is anticipated to lead the end-user segment. The presence of expert healthcare professionals coupled with availability of advanced technology for the treatment of the ear diseases is anticipated to propel the growth of the sub-segment during the forecast period.
The global bone conduction hearing devices market is anticipated to expand at a CAGR around 16.0% during 2018-2027. The increasing cases of loss of hearing across the globe are anticipated to be the major factor for the growth of the global bone conduction hearing devices market.
By region, global bone conduction hearing devices market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to lead the global bone conduction hearing devices market. The highly developed healthcare infrastructure is anticipated to drive the bone conduction hearing devices market in North America. Asia-Pacific region is anticipated to be the fastest developing region for the global bone conduction hearing devices market. The rising population in the region coupled with increasing adoption of the latest technology is predicted to fuel the market growth of the bone conduction hearing devices in Asia Pacific region.
Rising cases of the hearing losses among the growing population is anticipated to increase the demand for the bone conduction hearing devices
The congenital are the major cause for the loss of hearing among the population. Additionally, the other cause for the hearing loss is the ear infections. Thus the increasing cases of the hearing losses on the account of the above stated reason are anticipated to boost the growth of the global bone conduction hearing devices market during the forecast period.
Increasing use of the bone anchored hearing aids is anticipated to increase the demand for the bone conduction hearing devices
The application of the bone anchored among the population suffering from hearing defects is increasing on the account of the better sound quality and enhanced comfort level. The bone anchored devices offers less distortion and saturation while transferring the sound.
This report also provides the existing competitive scenario of some of the key players of the global bone conduction hearing devices market which includes company profiling of key companies such as Cochlear, Aftershokz, Marsboy, Damson Audio, Medtronic, MED-EL, SainSonic, Panasonic and William Demant. The outlining enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments.
