US Market Overview for Hearing Aids and Audiology Devices 2017 - MedView

  • ID: 3947358
  • Report
  • Region: United States
  • 57 pages
  • iData Research
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The traditional hearing aid market in this report is analyzed at both a manufacturer level, as well as at a retail level. The manufacturer hearing aid market segment represents the revenue generated from manufacturers selling their hearing aids to retailers. The retail hearing aid market segment represents the revenue generated from retailers selling hearing aids to end users. This approach was taken in order to do a comparison of the market revenue of the manufacturers of the hearing aid devices versus the retail hearing aid sales. In most states, the right to sell hearing aids is limited to audiologists and hearing instrument specialists.

Audiologists require several years of schooling and, in most states, hearing instrument specialists are required to take a two year course in hearing loss diagnosis and hearing aid fitting before they are certified to sell. These requirements limit the number and growth rate of points of sale, in turn limiting the overall growth potential of the hearing aid market. Any measures to broaden distribution channels in a way that do not alienate audiologists and independent hearing instrument specialists will enhance hearing aid sales. One major driver is the aging population. As a person ages, the rate occurrence of hearing impairment increases. In the United States, the baby boomer demographic (those born between 1945 and 1965, colloquially) is entering ages where hearing impairment increases. As such, the customer base will continue to expand. If these new candidates can be successfully targeted, there is a large potential for growth.
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FEATURED COMPANIES

  • Advanced Bionics
  • Energizer
  • Grason-Stadler
  • MedRx
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Table Of Contents I
List Of Figures Iii
List Of Charts Iv
Executive Summary
U.S. Hearing Aids And Audiology Device Market Overview
Competitive Analysis
Market Trends
Market Developments
Markets Included
Key Report Updates
Version History
Research Methodology
1.1 Research Scope
1.2 9-Step Methodology
Step 1: Project Initiation & Team Selection
Step 2: Prepare Data Systems And Perform Secondary Research
Step 3: Preparation For Interviews & Questionnaire Design
Step 4: Performing Primary Research
Step 5: Research Analysis: Establishing Baseline Estimates
Step 6: Market Forecast And Analysis
Step 7: Identify Strategic Opportunities
Step 8: Final Review And Market Release
Step 9: Customer Feedback And Market Monitoring
U.S. Hearing Aids And Audiology Device Market Overview
2.1 Introduction
2.1.1 Hearing Aids
2.1.1.1 Standard Hearing Aids
2.1.1.2 Implantable Hearing Aids
2.1.1.3 Hearing Aid Batteries
2.1.2 Diagnostic Equipment For Detecting Hearing Loss
2.1.3 Personal Sound Amplification Products
2.2 Market Overview
2.3 Trend Analysis
2.4 Drivers And Limiters
2.4.1 Market Drivers
2.4.2 Market Limiters
2.5 Competitive Market Share Analysis
2.5.1 Holding Companies And Brand Ownership
2.5.2 Leading Competitors
2.6 Mergers And Acquisitions
Abbreviations
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FEATURED COMPANIES

  • Advanced Bionics
  • Energizer
  • Grason-Stadler
  • MedRx
  • Rayovac
  • Unitron
  • MORE
The U.S. market for hearings aids and audiology devices includes traditional hearing aids, bone-anchored hearing aids, cochlear implants, middle ear implants, otoacoustic emission (OAE) analyzers, auditory brainstem response (ABR) analyzers, audiometers, tympanometers, real ear analyzers, otoscopes and personal sounds amplification products (PSAPs). The hearing aid and audiology device market in the U.S. includes a wide array of devices designed to diagnose and treat hearing loss.

Approximately 40 million people in the U.S. suffered from hearing impairment in 2016; however, only a minor portion of this population purchased hearing aids as a treatment that year. This market remains at only a fraction of its potential size as increasing device penetration remained challenging. The hearing aid and audiology device market comprises both standard and implantable hearing aids as well as diagnostic equipment, which consists of otoscopes and equipment designed to detect hearing loss.
Note: Product cover images may vary from those shown
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Phonak
Starkey
Cochlear
Oticon
Sivantos
Rayovac
GN ReSound
MED-EL
Widex
VARTA
Unitron
Advanced Bionics
Duracell
Sophono
ZeniPower
Energizer
Maico
Grason-Stadler
Interacoustics
MedRx
Natus
Audioscan
GN Otometrics
Benson Medical Instruments
Intelligent Hearing Systems
Tremetrics
Welch Allyn
Frye Electronics
Ambco
Envoy Medical
Ototronix
Heine
Others include: Advanced Monitors Corporation, Ambco, American Diagnostics, Amplivox, Audina, Audioscan, Auditdata, Benson Medical Instruments, Duracell, e3 Audiometrics, Foster Special Instruments, Frye Electronics, GlobalMed Telemedicine, GN Otometrics, Grason-Stadler, Hansaton, Hear Clear, Heine, iCellTech, Intelligent Hearing Systems, Interacoustics, Inventis, KaWe, Madsen, Maico, MEDca, MedRx, Micro Audiometrics Corp, MicroTech, Natus, NEXcell, Otovation, Panasonic, Path Medical, Persona Medical, Renata, Riester, Rion, SeboTek Hearing Systems, Songbird Hearing, Sony, SoundHawk, Toshiba, Tremetrics, US Ophthalmic, Vivosonic, Welch Allyn, etc.
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