The major factors attributing to the growth of the market are the increasing number of disabling hearing loss cases, rising geriatric population indirectly contributing to increased awareness of these devices, and increasing technological advancements by the companies. As per the revised World Population Prospects, by the United Nations, the number of people aged 60 or above is expected to grow greater than double by 2050, i.e. from 962 million in 2017 to 2.1 billion in 2050, worldwide. This age group is much more vulnerable to hearing loss, which boosts the demand for these devices in the market. According to “The Global Burden of Disease Study 2017” Disease and Injury Incidence and Prevalence Collaborators report, the estimated population with hearing loss rose from 1.2 billion (17.2%) in 2008 to 1.4 billion (18.7%) in 2017, for whom proper well-coordinated global action is needed.

1. INTRODUCTION 

2. RESEARCH METHODOLOGY 

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

5. MARKET SEGMENTATION 

6. COMPETITIVE LANDSCAPE 

7. MARKET OPPORTUNITIES AND FUTURE TRENDS