The growth in the use of binaural hearing aids is one of the major factors propelling market growth. However, factors such as the prevalence of substitutes will hamper the market growth.
Based on the product, the hearing devices segment is expected to witness lucrative growth during the forecast period.
Hearing Aid Market: Geographic Landscape
By geography, Europe is going to have a lucrative growth during the forecast period. About 42% of the market's overall growth is expected to originate from Europe. The UK, France, and Germany are the key markets for hearing aids products in Europe.
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Companies Covered:
Amplifon Spa
Audina Hearing Instruments Inc.
Cochlear Ltd.
Demant AS
GN Store Nord AS
MED-EL Elektromedizinische Geräte GmbH
Rion Co. Ltd.
Sonova Holding AG
Starkey Laboratories Inc.
WS Audiology AS
What our reports offer:
Market share assessments for the regional and country-level segments
Strategic recommendations for the new entrants
Covers market data for 2019, 2020, until 2024
Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Hearing devices - Market size and forecast 2019-2024
Hearing implants - Market size and forecast 2019-2024
Market opportunity by Product
Market Segmentation by End-user
Market segments
Comparison by End user placement
Market opportunity by End user
Customer landscape
Overview
Geographic Landscape
Geographic segmentation
Geographic comparison
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Market drivers
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher-priced units
Market challenges
Market trends
Vendor Landscape
Overview
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Amplifon Spa
Audina Hearing Instruments Inc.
Cochlear Ltd.
Demant AS
GN Store Nord AS
MED-EL Elektromedizinische Geräte GmbH
Rion Co. Ltd.
Sonova Holding AG
Starkey Laboratories Inc.
WS Audiology AS
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
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