1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Fuel Cell Market size worth $25.5bn by 2024 Global Audiology Devices Market Segmentation by Product 2023: Fractovia.org

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Global Audiology Devices Market share substantially fueled by rising geriatric population along with frequent cases of sensorineural hearing loss.  Increasing incidences of deafness is a major health concern, in which regards, several government and organisational initiatives have been launched to spread awareness pertaining to the hearing impairment and encourage the use of audiology devices, which will inturn enhance the audiology devices industry outlook.  Worldwide audiology devices market is predicted to generate a revenue of more than USD 13 billion by 2023.” Moreover, huge R&D investments by the market players to enhance product portfolio and develop innovative hearing aid products will further fuel audiology devices market size over the next few years.  Hearing aids market is anticipated to contribute over 60% of the overall audiology devices industry revenue revenue by 2023. Hearing aids product is mainly divided into behind- the-ear (BTE), receiver-in-the-ear (RITE), in-the-ear, and canal. Key Insights of Audiology Devices Market:

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Digital, analog, BAHA or BAHS, cochlear implants, and diagnostic devices are the key technology segmentations for the audiology devices market. Cochlear implants technology will exhibit a lucrative growth rate by recording a CAGR of 10% over the coming six years.  North America audiology devices market is anticipated to witness an annual growth rate of 5.3% over the coming six years.  Germany audiology devices market will display an eye-catching growth rate over 2016- 2023, owing to surging product demand along with promising government support.  India digital hearing aids industry collected a revenue of more than USD 140 million in 2015 and is anticipated to grow lucratively at a rate of 9% over the coming years of 2016 to 2023.  Industry participants will adopt business strategies like mergers, acquisition, and strategic collaborations to enhance their market position. William Demant Holding A/S, Sonova Holdings AG, Tremetrics, Starkey Hearing Technologies, Benson Medical, Inmedico, Serene Innovations, Inc., and Siemens Healthcare are the some of the notable players in the audiology devices industry. Continued…

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