© 2016 Global Market Insights, Inc. USA. All Rights Reserved Fuel Cell Market size worth $25.5bn by 2024 Audiology Devices Market revenue to grow at 5.8% from 2016 to 2023: Global Market Insights Inc.

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  Global Audiology Devices Market size is projected to surpass USD 13.4 billion at a growing CAGR of over 5.5% from 2016 to 2023, as per the new study based comprehensive research report by Global Market Insights Inc.  The report contents comprise of market size and characteristics, key market participants, current trends, competitive scenario, growth estimates for the predicted time frame as well as key success and risk factors.  Industry Outlook: Audiology includes diagnosis, prevention and treatment of hearing disorders, including nerve deafness and congenital hearing. Rising occurrence of deafness, especially among the global geriatric population is a key driving factor.  Patients can regain their communicating ability and through the audiology devices. Technology advancement and aesthetically appealing devices are likely to boost the demand growth. Key Insights from Audiology Devices Market:

© 2016 Global Market Insights, Inc. USA. All Rights Reserved  The advent of technology like the introduction of DSP (Digital signal processing) may open new market avenues. Adoption of this technology has proved to be a boon for the hearing impaired population by expanding applications.  Hearing aids is the largest industry segment. The majority of manufacturers is striving to launch visibly hidden aids and miniature sized behind-the-ear products.  Rising population of senior citizens is likely to prove crucial in demand growth. Developing innovations that incorporate superior functionality by means of wireless technology are likely to further demand. Cochlear implants market size is anticipated to grow over USD 3.5 billion in revenue during the forecast time frame.  Report covers profiles of key participants in the global audiology devices market. William Demant, Sonova, Siemens and GN Resound, Starkey Hearing Technologies, Widex A/S are some of the key players in the market. Continued...

© 2016 Global Market Insights, Inc. USA. All Rights Reserved UK Hearing Aids Market Size, By Product, (USD Million)

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