Global Hearing Aids Market the first five-year cumulative revenue (2017-2021) is projected to be US$ 42,081.6 Mn, which is expected to increase rather significantly over the latter part of the five-year forecast period. According to report, the hearing aids market is projected to reach a value of over US$ 11,747.0 Mn in 2026 at a CAGR of 4.8% over the forecast period
By product type: The behind the ear hearing aids segment accounted for highest revenue share contribution as compared to that of the other product type segment.
By technology: The digital hearing aid segment is accounted for highest revenue share contribution in 2016, and is expected to register a highest CAGR of over 4.0% over the forecast period (2016-2026).
By distribution channel: The online stores segment is estimated to register highest CAGR of 5.1% as compared to that of the other distribution channel segments.
By region: The market in North America accounted for highest revenue share in the global hearing aids market in 2016, and is expected to register a CAGR of over 4.0% between 2017 and 2026.
Global Hearing Aids Market: Competitive Analysis
The research report on the global hearing aids market includes profiles of some of major companies such as Sivantos Pte. Ltd., Sonova Holding AG, Cochlear Ltd., SeboTek Hearing Systems, LLC, Zounds Hearing Inc., William Demant Holding A/S, GN Store Nord A/S, MED-EL, Starkey Hearing Technologies, Inc., and Widex A/S.
Source of Infographics: Hearing Aids Market Infographics by MarketResearch