Hearing Aid Batteries Market Growing at 5.59% CAGR to 2022

A report titled “Hearing Aid Batteries Market’ added by Research Trades offers an in-depth analysis of the Hearing Aid Batteries market. The report considers the revenue generated from the sales of hearing aid batteries.

January 3, 2018 /MarketersMedia/ —

Hearing Aid Batteries market is presented study is an extensive analysis and provides significant data such as market share, size, and growth. The latest trend gaining momentum in the market is IT-enabled hearing aid devices. The hearing aid devices market is witnessing significant growth due to the integration of advanced technology. The integartion of Bluetooth is one of the major IT integrations in hearing aid devices and will offer customers various benefits including personalized listening and multiple connection facilities.

The analysts forecast global hearing aid batteries market to grow at a CAGR of 5.59% during the period 2018-2022. According to the report, one of the major drivers for this market is the increase in online sales of hearing aid devices. With the emergence of e-commerce, individuals across the world are preferring online platforms than brick and mortar stores. E-commerce platforms offer hearing aid devices and batteries at a cheaper price than maximum retail price. This in turn, drives the demand for medical devices in online platforms. Moreover, the ease of buying and the rapid product delivery also drives the demand for hearing aid devices through e-commerce platform.

Key players in the global hearing aid batteries market: Duracell, Energizer Holdings, Montana Tech Components, Panasonic, Sivantos, and SPECTRUM BRANDS. Other Prominent Vendors in the market are: Beltone, ICELLTECH, Miracle-Ear, NEXcell, Renata (a company of The Swatch Group), Sony, Starkey, Toshiba, ZhuHai Zhi Li Baterry, and ZPOWER.

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Based on the battery type hearing aids can be segmented into primary and secondary batteries. During 2017, the primary battery segment accounted for the major share of the hearing aid batteries market. Primary batteries used in hearing aids are non-rechargeable and have to be constantly replaced. Owing to the benefits including high energy density, low discharge rate, and long-lasting battery life under low-power conditions, zinc-air batteries pose as the most ideal choice for customers. With their easy availability and consistent performance in different climatic conditions, the demand for these batteries will increase during the coming years.

This report, Global Hearing Aid Batteries Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Table of Contents
PART 01: Executive Summary
PART 02: Scope of The Report
PART 03: Research Methodology
PART 04: Introduction
Market Outline
PART 05: Market Landscape
Market Ecosystem
Market Characteristics
Market Segmentation Analysis
PART 06: Market Sizing
Market Definition
Market Sizing 2017
Market Size and Forecast 2017-2022
PART 07: Five Forces Analysis
Bargaining Power of Buyers
Bargaining Power of Suppliers
Threat of New Entrants
Threat of Substitutes
Threat of Rivalry
Market Condition
PART 08: Market Segmentation by Battery Type
Segmentation by Battery Type
Comparison by Battery Type
Primary Battery – Market Size and Forecast 2017-2022
Secondary Battery – Market Size and Forecast 2017-2022
Market Opportunity by Battery Type
PART 09: Customer Landscape
PART 10: Regional Landscape
Geographical Segmentation
Regional Comparison
Emea – Market Size and Forecast 2017-2022
Americas – Market Size and Forecast 2017-2022
Apac – Market Size and Forecast 2017-2022
Key Leading Countries
Market Opportunity
PART 11: Decision Framework
PART 12: Drivers and Challenges
Market Drivers
Market Challenges
PART 13: Market Trends
It-Enabled Hearing Aid Devices
3d Printing Technology Evolution In Medical Sector
Legislative Support For Battery Recycling
PART 14: Vendor Landscape
Overview
Landscape Disruption
Competitive Scenario
PART 15: Vendor Analysis
Vendors Covered
Vendor Classification
Market Positioning of Vendors
Duracell
Energizer Holdings
Montana Tech Components
Panasonic
Sivantos
Spectrum Brands
PART 16: Appendix
List of Abbreviations

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Release ID: 283191