Outlook the Global Bone Anchored Hearing Aids Market to Grow at a CAGR of 14.01% by Revenue During the Period 2016-2020

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About Bone-anchored Hearing Aids

Hearing aid amplifies the sound volume and improves sound perception to support people with hearing impairment but does not restore the normal functioning of the ear.

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The device has three basic components: microphone, amplifier, and speaker. The microphone of a hearing aid receives and converts sound waves into electrical signals. An amplifier increases the power of these signals and sends them to the ear through a speaker.
Factors such as sound quality, less expensive than its alternative (cochlear implant), low maintenance cost, better comfort, and reduced ear infection will encourage customers to opt bone-anchored hearing aids over other hearing aids available in the market.

Technavios analysts forecast the global bone-anchored hearing aids market to grow at a CAGR of 14.01% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global bone-anchored hearing aids market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of stand-alone bone-anchored hearing aids globally.

The market is divided into the following segments based on geography:

Technavio’s report, Global Bone-anchored Hearing Aids Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors
William Demant

Other prominent vendors
GN Store Nord
Sonitus Medical

Market driver
Increase in demand for aesthetic hearing aids
For a full, detailed list, view our report

Market challenge
Complications/risks associated with bone-anchored hearing aids
For a full, detailed list, view our report

Market trend
Introduction of wireless bone-anchored hearing aids
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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