Hearing Implants Market Analysis and Value Forecast Snapshot by End-Use Industry 2015-2025: Fmi Estimate

Global Hearing

Implants Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015

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Hearing implants are an option when conventional hearing aids no longer give enough
benefit. Implants are designed for different types of hearing loss. They are surgically
implanted devices which can give you the sensation of sound.

Hearing loss can be caused by many different causes, some of which can be successfully
treated with medicine or surgery, depending on the disease process. There are three
types of Hearing loss: Conductive hearing loss, Sensorineural hearing loss and Mixed
hearing loss.
According to the WHO's estimates, there will be approximately 1.2 billion people in the
world over the age of 60 by 2025. This marks a shift in population demographics, from a
demographic majority of young people globally to a more balanced proportion of young
and old. There are around 360 million people in the world with disabling hearing loss.
Hearing loss is one of the six leading global disease burden. According to the Royal
National Institute for Deaf People, the prevalence of hearing loss increases with age,
affecting 42% of people over 50 and more than 70% of people over 70. Rising life
expectancy is therefore likely to result in an increasing numbers of people living with
hearing loss.
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Hearing Implants Market: Drivers and Restraints

The factors driving the market is the increase in the customization of hearing implant

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customizing their product lines to appeal more to consumers and as a result help them to
stay ahead of the competition.
Further, the major challenges faced by the market is the high cost of hearing implant
devices. Various end-users do not have the budget to capitalize on...