The latest report by IMARC Group, titled “Bone Anchored Hearing Aids Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” offers a comprehensive analysis of the industry, which comprises insights on the global bone anchored hearing aids market. The report also includes competitor and regional analysis, and contemporary advancements in the market.
The global bone anchored hearing aids market grew at a CAGR of around 6% during 2015-2020. Looking forward, IMARC Group expects the global bone anchored hearing aids market to exhibit moderate growth during 2021-2026. Also known as an osseointegrated mastoid implant, bone anchored hearing aids (BAHA) refer to surgically implanted devices utilized by individuals experiencing different types of hearing loss. They represent an acceptable alternative if an air-conduction hearing aid is contraindicated. They comprise a titanium bone implant and a sound processor that conducts sound vibrations and assists in propagating sound directly to the inner ear. As compared to the traditional bone conduction hearing aids, BAHA provides better sound quality, greater comfort, and lesser chances of infection.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape
- Strategies of major players and product offerings
Global Bone Anchored Hearing Aids Market Trends:
The growing prevalence of hearing loss amongst the geriatric and pediatric population represents one of the key factors strengthening the BAHA market growth. Apart from this, a considerable rise in the demand for customized hearing devices, coupled with technological advancements in bone conduction, such as noise reduction and ease in usage, is acting as another growth-inducing factor. Furthermore, governing agencies of numerous countries are implementing stringent regulations that require neonates to be screened for hearing loss. This, in confluence with the availability of better reimbursement coverage, is positively influencing the sales BAHAs. Other major factors, including the growth in the healthcare infrastructure and rising expenditure on healthcare facilities, are fostering the growth of the market.
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Key Market Segmentation:
Competitive Landscape:
- Auditdata A/S, Cochlear Ltd
- Demant A/S
- GN Hearing A/S (GN Store Nord A/S)
- Natus Medical Incorporated
- Sonova Holding AG
- Starkey Hearing Technologies
- Widex A/S
Breakup by Raw Material:
- Titanium Alloy
- Ceramics Composites
- Others
Breakup by Hearing Loss Type:
- Sensorineural Hearing Loss
- Conductive Hearing Loss
- Mixed Hearing Loss
- Single Sided Deafness
Breakup by End User:
- Pediatrics
- Adults
- Geriatrics
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key highlights of the Report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- COVID-19 Impact on the Market
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
TOC for the Report:
- Preface
- Scope and Methodology
- Executive Summary
- Introduction
- Global Market
- SWOT Analysis
- Value Chain Analysis
- Price Analysis
- Competitive Landscape
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
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