The U.S. market for hearing aids and audiology devices was valued at over $5.2 billion in 2009. This market will exceed $7 billion by 2016. More than 90% of this market was accounted for by hearing aids alone.

The overall market for hearing aids and audiology devices includes:
  • Hearing aids
  • Bone-anchored hearing aids
  • Cochlear implants
  • Direct drive implants
  • Otoacoustic emission analyzers
  • Auditory brainstem response analyzers
  • Audiometers
  • Tympanometers
  • Real ear analyzers
  • Otoscopes
  • Video otoscopes
  • Hearing aid batteries.
The market potential is sizable as more than 40% of those diagnosed with hearing loss can be classified as having a moderate or severe impairment. This report also includes the results of a comprehensive survey of audiologists.

Within the for hearing aids and audiology devices market, companies such as GN Resound, Oticon, Phonak, Siemens and Starkey lead the market, among many others. This report provides a comprehensive and detailed analysis of market revenues by device type, market forecasts through 2016, unit sales, average selling prices, market drivers and limiters and a detailed competitive analysis, including manufacturer market shares and product portfolios.

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Original Source: Audiology Device Market
Buy Now: Market Research

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