Global Audiometers Market 2017-2021

Overview of the global audiometers market

Research analysis on the global audiometers market shows that the increasing incidence of hearing disability will be one of the major factors that will influence the growth of the market during the next four years. Hearing impairment is considered to be the second-largest health problem in the recent years and occurs due to various factors including genetic factors, noise, trauma, aging, and viral or bacterial infections. There is an increasing incidence of hearing disparity, especially among children. For instance, the CDC estimates that in 2014, the US had more than 55% of school-aged children with hearing disability. Additionally, the increasing Alzheimer’s disease among the older population in the developing nations of APAC can also lead to hearing loss. This will fuel the growth of the market for audiometers, which according to Technavio’s market research analysts will register a revenue of more than USD 875 million by 2021.

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The rising popularity of digital and portable audiometers will be one of the latest audiometers market trends that will gain traction in the audiometers market during the next four years. The increasing adoption of advanced audiometers such as PC-based and hybrid audiometers will help the market’s growth during the forecast period. The evolution of audiometric testing equipment integrated with printers will also help in printing audiograms within the limited time.

Competitive landscape and key vendors

Owing to the presence of several global and regional vendors, the audiometers market is highly competitive. The vendors in the audiometry equipment market are focusing on developing PC-enabled audiometers. The key portable audiometers vendors are expanding their business through acquisitions and partnerships, and are penetrating the untapped regions such as Africa and APAC.

The leading vendors in the market are 

• Auditdata
• William Demant

The other prominent vendors in the market are AMBCO, Audioscan, AURITEC, BioMed Jena, Clearwater Clinics, ECHODIA, Electronica Medical, Elkon, eMoyo Technologies, EYMASA, FIM Medical, Frye Electronics, GAES Médica, GM Instruments, Guangzhou GZRisound Medical Instrument, Hill-Rom, Hedera Biomedics, Hui’er Hearing, Intelligent Hearing Systems, LABAT INTERNATIONAL, Lisound Hearing Aid (Fuzhou), micro-dsp, Natus Medical, Happersberger Otopront, PATH MEDICAL, Piston, Resonance, Recorders & Medicare Systems (RMS), SIBELMED, Smart Diagnostic Devices, Tremetrics, Videomed, and Zeisberg

Segmentation by product ty end-user and analysis of the audiometers market

• Hospitals
• Specialty clinics and hearing aid centers

According to the audiometers market statistics, the hospitals segment accounted for the major shares of the audiometry equipment market. The growth in the number of multispecialty hospitals supported by government funds and public-private partnerships has led to an increase in the adoption of advanced technology such as the implementation of electronic medical records and information technology. The screening audiometer suppliers in the market are forming strategic collaborations with hospitals to launch new audiometers.

Geographical segmentation and analysis of the audiometers market

• Americas
• APAC
• EMEA

Based on the audiometers market outlook, the Americas will be the major revenue contributor to the audiometers market till 2021. The region witnesses a rise in demand for compact hearing aid devices and there is an increase in the adoption of audiometers for testing and screening of the hearing loss. Additionally, the increase in aging population and associated problems also leads to the rise in demand for audiometers in this region.

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Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global audiometers market?
• What are the key market trends impacting the growth of the global audiometers market?
• What are the challenges to market growth?
• Who are the key vendors in the global audiometers market?
• What are the market opportunities and threats faced by the vendors in the global audiometers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global audiometers market? 

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