Global Bone Conduction Devices Market 2024-2028
Technavio has been monitoring the bone conduction devices market and is forecast to grow by USD 6606.6 mn during 2023-2028, accelerating at a CAGR of 15.2% during the forecast period. Our report on the bone conduction devices market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advantages of bahas over their substitutes, prevalence of hearing loss among elderly and children, and rising popularity of bone conduction headphones.
Technavio's bone conduction devices market is segmented as below:
By Product
- BAHA
- Bone conducting headphones
By End-user
- Hospitals
- Clinics
- Individuals
By Geography
- North America
- Europe
- Asia
- Rest of World (ROW)
This study identifies the technological advances in hearing aids as one of the prime reasons driving the bone conduction devices market growth during the next few years. Also, increasing growth potential in emerging markets and new applications for bone conduction headphones will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the bone conduction devices market covers the following areas:
- Bone conduction devices market sizing
- Bone conduction devices market forecast
- Bone conduction devices market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading bone conduction devices market vendors that include BHM Tech Produktionsgesellschaft mbH, Cochlear Ltd., Damson, Demant AS, DQC, GN Store Nord AS, INVISIO AB, MED EL Elektromedizinische Gerate GmbH, Medtronic Plc, Motorola Solutions Inc., Oticon Medical AS, Panasonic Holdings Corp., SeboTek Hearing Systems LLC, Shokz, Sonova AG, Starkey Laboratories Inc., WeHear Hearing Solutions, Widex AS, WS Audiology AS, and Zounds Hearing Inc.. Also, the bone conduction devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.