Hearing loss is strongly associated with age, with at least moderate hearing loss becoming common above 65 years of age. As the over-65 population grows, there will be a larger hearing impaired population, which is expected to lead to greater demand for hearing aids as treatment options. This will drive growth in the hearing aid market, in addition to growth in other associated markets such as hearing aid batteries.
Technological innovations in hearing aid circuitry improve sound quality and immediate post-fit satisfaction, as well as provide new features. Technological innovations, which are first delivered in a manufacturer’s flagship or premium device, will trickle down through the rest of the product line, driving the growth of premium models as well lower-tier devices.
The largest segment of the Mexican market for hearing devices and batteries, by far, was the market for hearing aids. This market also includes segments for bone-anchored hearing aids, cochlear implants and hearing aid batteries. Three out of the four segments included in this report feature a double-digit CAGR over the forecast period. The overall market is projected to almost double in value.
In this market, some segments show more promise for growth than others do. Standard hearing aid unit sales strongly contributed to the overall Mexican market, which accounted for over 75% of the total market value. Cochlear implants and bone-anchored hearing devices maintained low penetration rates in 2014, but are expected to experience moderate to strong growth.
Mexico Hearing Devices & Batteries market report includes the private hearing aid market, public hearing aid market, bone anchored hearing aid, cochlear implant and hearing aid battery.
- Competitor Analysis
- Identified Strategic Opportunities
- Market Overview by Segment
- ASP and Units Sold for both private and public hearing aid markets
- Trend Analysis by Segment
- Market Drivers & Limiters
- Mergers & Acquisitions
- Customer Feedback and Market Monitoring
Main Markets Covered:
- Hearing Aid Market
- Public Hearing Aid Market
- Private Hearing Aid Market
- Bone-Anchored Hearing Aid Market
- Hearing Aid Battery Market
- Cochlear Implant Market
Overall Reasons to Purchase:
- Descriptive and qualitative information for the market drivers and limiters for each segment
- Full competitive analysis of leading competitors
Hearing Aid Market:
- Hearing impaired population
- Public and private markets
- Unit sales, ASPs, market value and competitive analysis
Hearing Aid Market by Style:
BTE, RIC, ITE, ITC and CIC markets
Unit sales, ASPs and market value
Spanning over 120 pages “Mexican Market for Hearing Devices and Batteries – 2015” report Covering Executive Summary, Research Methodology, Mexican Market For Hearing Devices And Batteries Overview, Hearing Aid Market, Hearing Aid Market By Style, Hearing Aid Market By Circuit, Bone-Anchored Hearing Aid Market, Cochlear Implant Market, Hearing Aid Battery Market. This report Covered 12 Companies – Advanced Bionics, Cochlear, MED-EL, Oticon, Phonak, Power One, Rayovac, ReSound, Siemens, Starkey, Widex, ZeniPower.
Know more about this report at – http://mrr.cm/43f
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