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Cochlear implants segment of Audiology Devices will grow at a robust CAGR from 2017 to 2024

Get more details @ https://bit.ly/2jzTtyF <br>Increasing geriatric population across the world coupled with the stupendous increase in hearing loss disorders will drive global audiology devices industry.<br>

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Cochlear implants segment of Audiology Devices will grow at a robust CAGR from 2017 to 2024

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  1. Audiology Devices Market is predicted to see $10 Bn revenue By 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024

  2. KeyInsights from Audiology Devices Market: • Increasing geriatric population vulnerable to hearing loss and different hearing disorders will augment the global audiology devices market growth over the forecast timeframe. • As per recent United Nations report number of people aged 65 years and over is expected to increase from 962 million in 2017 to around 2.1 billion by 2050. • Audiology Devices Market size is set to exceed USD 10 billion by 2024; according to a new research report by Global Market Insights. • Audiology devices are becoming increasingly smaller in size and more efficient. Advent of such products in the industry will boost the adoption rates augmenting its demand. • Hearing aids dominated the audiology market in 2016 followed by cochlear implants. • Bone anchored hearing aids is forecast to witness highest CAGR due to long term benefits of the devices.

  3. Continued... • Amongst the different types of hearing aids, receiver in the ear hearing aid segment is poised to grow at a robust CAGR. • The rapid growth can be attributed wide range of benefits such as comfort and reduced size of the device. • Germany market should witness robust growth over the foreseeable future. High prevalence of people with hearing disabilities will stimulated the demand for audiology devices. • Increasing patient pool with hearing disabilities and favorable government initiatives will propel audiology devices demand in India. • Some of the key industry players operating in global audiology devices market are Sivantos, WIDEX, William DemantHoldin, Sonova Holdings, Benson Medical, Medtronic, Starkey Hearing Technologies, Advanced Bionics, MicroTech, GN Group, MED-EL, MedRx, Nurotron Biotechnology, and AMBCO.

  4. Germany Audiology Devices Market, By Product, 2013 - 2024

  5. Browse Full Market Research Report On Audiology Devices Market @ https://bit.ly/2yFrPTS Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/426https://www.gminsights.com/request-sample/detail/49

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