DUBLIN, Nov 11, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "US Market Overview for Hearing Aids and Audiology Devices 2017 - MedView" report to their offering.
The traditional hearing aid market in this report is analyzed at both a manufacturer level, as well as at a retail level. The manufacturer hearing aid market segment represents the revenue generated from manufacturers selling their hearing aids to retailers. The retail hearing aid market segment represents the revenue generated from retailers selling hearing aids to end users.
This approach was taken in order to do a comparison of the market revenue of the manufacturers of the hearing aid devices versus the retail hearing aid sales. In most states, the right to sell hearing aids is limited to audiologists and hearing instrument specialists.
Audiologists require several years of schooling and, in most states, hearing instrument specialists are required to take a two year course in hearing loss diagnosis and hearing aid fitting before they are certified to sell. These requirements limit the number and growth rate of points of sale, in turn limiting the overall growth potential of the hearing aid market. Any measures to broaden distribution channels in a way that do not alienate audiologists and independent hearing instrument specialists will enhance hearing aid sales. One major driver is the aging population. As a person ages, the rate occurrence of hearing impairment increases.
In the United States, the baby boomer demographic (those born between 1945 and 1965, colloquially) is entering ages where hearing impairment increases. As such, the customer base will continue to expand. If these new candidates can be successfully targeted, there is a large potential for growth.
Key Topics Covered:
1. Executive Summary
U.S. Hearing Aids And Audiology Device Market Overview
Key Report Updates
2. U.S. Hearing Aids And Audiology Device Market Overview
2.1.1 Hearing Aids
22.214.171.124 Standard Hearing Aids
126.96.36.199 Implantable Hearing Aids
188.8.131.52 Hearing Aid Batteries
2.1.2 Diagnostic Equipment For Detecting Hearing Loss
2.1.3 Personal Sound Amplification Products
2.2 Market Overview
2.3 Trend Analysis
2.4 Drivers And Limiters
2.4.1 Market Drivers
2.4.2 Market Limiters
2.5 Competitive Market Share Analysis
2.5.1 Holding Companies And Brand Ownership
2.5.2 Leading Competitors
2.6 Mergers And Acquisitions
- GN ReSound
- Advanced Bionics
- GN Otometrics
- Benson Medical Instruments
- Intelligent Hearing Systems
- Welch Allyn
- Frye Electronics
- Envoy Medical
For more information about this report visit http://www.researchandmarkets.com/research/t4pw2r/us_market
About Research and Markets
Research and Markets is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/us-market-overview-for-hearing-aids-and-audiology-devices-2017-analysis-of-both-the-manufacturer-level-as-well-as-at-a-retail-level---research-and-markets-300361389.html
SOURCE Research and Markets