Bone Anchored Hearing Aids Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Bone Anchored Hearing Aids Market SizeThe global Bone Anchored Hearing Aids revenue was US$ 219.7 million in 2022 and is forecast to a readjusted size of US$ 428.7 million by 2029 with a CAGR of 9.9% during the forecast period (2023-2029).
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and India Bone Anchored Hearing Aids Market
Bone-anchored hearing aids are devices that use bone conduction to help people with hearing loss improve their hearing.
It uses a titanium alloy implant surgically placed on the skull. The skull will automatically fuse with the titanium alloy, and the titanium alloy implant is directly connected to a special vibration generator to directly transmit sound from the bone to the inner ear, bypassing the external auditory canal and middle ear. It has the effect that ordinary air conduction hearing aids can not achieve for patients with external and middle ear injuries.
In India, the Bone Anchored Hearing Aids revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
The leading producers in the industry are Cochlear, William Demant and MED-EL, with revenues of 64.02%, 19.40% and 8.46% respectively in 2019.
This report focuses on global and India Bone Anchored Hearing Aids market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Bone Anchored Hearing Aids will continue to grow rapidly in the future.
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Segment by Type
• Implantable
• Non-implantable
Segment by Application
• Adult
• Children
By Company
Cochlear, William Demant, MED-EL, SOPHONO
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