iCrowd Newswire – Jul 14, 2020
Bone Bone-anchored hearing aids are surgically implantable devices designed to treat hearing loss. This device works by transmitting the sound received through bone conduction to the nerve fibers in the inner ears. The bone-anchored hearing device is a niche segment in the bone-anchored hearing aids market. The bone-anchored hearing device consists of an externally worn receiver and a sound processor.
The sound processor resembles a standard behind-the-ear hearing aid, and there is an external abutment that helps the titanium implant to vibrate. It takes approximately 3 to 4 months for the implant to get fused with the living bone, and the process is termed as osseointegration. Once the bone-anchored hearing aid is osseointegrated, the implant conducts sound to the inner ear via the bone.
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Major Players Included in this report are as follows :
- Advanced Bionics Corporation
- Cochlear Limited
- GN ReSound
- MED-EL Medical Electronics
- Natus Medical Incorporated
- Phonak AG
- Sivantos Group
- Sonova Holding AG
- Starkey Hearing Technologies
The bone anchored hearing aids market is driving due to the increasing health care services and rising patient pool. Moreover, the increasing the quality of digital sound. In addition, increasing demand for aesthetic hearing aids has propelled the growth of the bone-anchored hearing aids market.
The bone anchored hearing aids market is segmented on the basis of application and end user. On the basis of application, the market is categorized as sensorineural hearing loss, conductive hearing loss, mixed hearing loss and single sided deafness. On the basis of end user, the market is categorized as pediatrics, adults and geriatrics.
Analysts have thoroughly evaluated the competitive landscape in the Bone Anchored Hearing Aids Market. The report includes the study of key players in the Bone Anchored Hearing Aids Market. It also outlines the strategic initiatives companies have taken in recent years to keep pace with increasing competition. It also includes an assessment of the financial perspectives of these companies, their research and development plans, and their future business strategies.
The comprehensive market assessment of Bone Anchored Hearing Aids contains a complete explanation of the controls available on the market. Analysts have studied investment in research and development, the impact of changing economies, and consumer behaviour to determine the factors that will drive the market in general. In addition, analysts have attempted to take into account changes in manufacturing and industrial operations that determine product sales in the Bone Anchored Hearing Aids Market.
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This chapter also explains the possible restrictions on the Bone Anchored Hearing Aids Market. Assess the reasons that could hinder market growth. Analysts have assessed growing environmental concerns and fluctuating raw material costs, which are predicted to dampen the spirit of the Bone Anchored Hearing Aids Market. However, analysts have also identified potential opportunities that players in the Bone Anchored Hearing Aids Market can rely on. The chapter on controls, restrictions, threats and opportunities offers a holistic view of the Bone Anchored Hearing Aids Market.
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