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HEALTHCARE & PHARMACEUTICAL

Bone Conduction Hearing Devices Market Segmentation By Device Type (Bone Anchored Hearing Aids and Traditional Bone Conduction Hearing Aids); By Application (Mitigation of Stuttering, Hearing Rehabilitation, Audiometric Investigations, Language Development Approaches and Communication Systems); By End User (Ambulatory Surgical Centers, Hospitals and ENT Clinics) - Global Demand Analysis & Opportunity Outlook 2027

  • Report ID: 817
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Product Overview

A bone conduction hearing device is an alternate to traditional hearing device and used to deal with the problems related to outer and inner ears. The mechanism involves transfer of the sound by bone vibration directly to cochlea surpassing the outer and middle ear. It primarily uses cochlea to send the sound signal directly to the brain. Bone conduction hearing device devices can be used when conventional hearing aid cannot be used and also when the hearing aid does not give any effective results.

Market Size and Forecast

The global bone conduction hearing devices market is anticipated to expand at a CAGR around 16.0% during 2018-2027. The prevalence of the hearing loss in ageing population is anticipated to be the primary reason for the growth of the global bone conduction hearing devices market during the forecast period. The global bone conduction hearing devices market can be segmented on the basis of device type, application, end-user and region. On the basis of device type, it is sub-segmented into bone anchored hearing aids and traditional bone conduction hearing aids. The bone anchored hearing aids is anticipated to witness substantial growth during the forecast period. The bone anchored hearing aids decreases the infections in the ear and provides good quality of the sounds. Additionally, bone anchored hearing aids are cost effective hearing devices in comparison to other types of bone conduction hearing devices. On the basis of application, it is sub-segmented into mitigation of stuttering, hearing rehabilitation, audiometric investigations, language development approaches and communication systems. On the basis of end-user, it is sub-segmented into ambulatory surgical centers, hospitals and ENT clinics. Hospitals are anticipated to be the largest sub-segment of the end-user segment. This is primarily due to the high availability of audiologists coupled with collaboration with various hearing aid institutions in order to obtain advanced technology.

By region, global bone conduction hearing devices market is segmented into North America, Asia-Pacific, Latin America, Europe, Middle East and Africa. North America is anticipated to hold the largest market share for the global bone conduction hearing devices market. The highly developed healthcare infrastructure in the region offer better hearing devices with aesthetic features. Additionally, the increasing adoption rate of the devices in the region is anticipated to boost the growth of the bone conduction hearing devices market in the region. Asia-Pacific region is anticipated to be the fastest developing region for the global bone conduction hearing devices market. The large pool of the patients in the region coupled with increasing adoption of latest technology is anticipated to be the major factor for the growth of the global bone conduction hearing devices market.CLICK TO DOWNLOAD FREE SAMPLE

Market Segmentation

Our in-depth analysis segmented the global bone conduction hearing devices market in the following segments:

By Device Type:

  • Bone Anchored Hearing Aids
  • Traditional Bone Conduction Hearing Aids

By Application:

  • Mitigation of Stuttering
  • Hearing Rehabilitation
  • Audiometric Investigations
  • Language Development Approaches
  • Communication Systems

By End User:

  • Ambulatory Surgical Centers
  • Hospitals
  • ENT Clinics

By Region

Global bone conduction hearing devices market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

bone conduction hearing devices market Graph

Growth Drivers and Challenges

The increasing incidence of the hearing losses among geriatric population is anticipated to drive the global bone conduction hearing devices market during the forecast period. The increasing application of bone anchored hearing aids in comparison to other hearing devices is anticipated to increase the growth of the global bone conduction hearing devices market. The increasing technological development in the field of the hearing devices such as digital processing system and automated sound processing is anticipated to increase the demand for the bone conduction hearing devices during the forecast period. The increasing expansion in the healthcare infrastructure across the globe is anticipated to boost the growth of the global bone conduction hearing devices during the forecast period.

However, stringent government regulations regarding the use of the bone conduction hearing devices is anticipated to hinder the bone conduction hearing devices market worldwide.

Key Players

  • Cochlear
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
  • Aftershokz
  • Marsboy
  • Damson Audio
  • Medtronic
  • MED-EL
  • SainSonic
  • Panasonic
  • William Demant

 

Factors Covered for Market Penetration
Factors to be Considered for maximum ROI
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