Free press releases distribution network?

Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Ageing Population Enlarges Applicable Customer Base in the Western European Hearing Aids Market Finds Frost & Sullivan - Bluetooth technology and binaural fittings propel the market forward
Ageing Population Enlarges Applicable Customer Base in the Western European Hearing Aids Market Finds Frost & Sullivan

 

PRZOOM - /newswire/ - London, United Kingdom, 2011/09/28 - Bluetooth technology and binaural fittings propel the market forward.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

The Western European hearing aids market is expected to grow at a compound annual growth rate (CAGR) of 4.8 per cent from 2010 to 2017. The expanding ageing population and growing prevalence of hearing loss has amplified market potential. Greater involvement of manufacturers in retail sales and widening product portfolios will further enhance the growth of market participants in the hearing aids industry. The advent of Bluetooth technology has witnessed an overwhelming response from hearing aid manufacturers, who have been avidly incorporating this product innovation.

New analysis from Frost & Sullivan (medicaldevices.frost.com), Western European Hearing Aids Market, finds that the market earned revenues of $2304.5 million in 2010 and estimates this to reach $3222.1 million in 2017.

"Every major manufacturer has some form of wireless product or product line," says Frost & Sullivan Senior Research Analyst Beulah Devadason. "Wireless communication between hearing aids and other personal media as well as between binaural hearing aids has been a boon to hearing aid users, with a slew of product options that provide superior performance and functionality levels."

Further improvements in wireless technology applications in the field of hearing aids will drive market growth with more non-users adopting hearing aids than ever before.

Although the prospects for the market look upbeat, there are some challenges clouding its landscape. Market consolidation is a major factor restraining its momentum. The period from 1996 to 2006 witnessed massive consolidation in the hearing aids market. Starkey, GN ReSound, Willam Demant Holding, Sonova Holding and Siemens emerged as the top five companies with various brands and subsidiaries under their brand name. GN ReSound was to be acquired by Sonova in 2006. However, the German Federal Cartel office prohibited the acquisition in 2007, which was later overruled by the German Supreme court in 2010.

Although consolidation in the hearing aid industry has occurred at wholesale and retail levels, large-scale consolidation is not an option post the rejection of Sonova's acquisition of GN ReSound by German competition authorities.

"Confronted with this scenario, manufacturers must focus on product innovation and best price-performance offerings to expand their market share," concludes Devadason. "Forward integration and product diversification through strategic acquisitions to satisfy evolving client requirements will ensure strong traction for participants in the competitive hearing aids market."

If you are interested in more information on this study, please send an email to Janique Morvan, Corporate Communications, at janique.morvan[.]frost.com with your contact details.

Western European Hearing Aids Market is part of the Medical Devices Growth Partnership Service program, which also includes research in the following markets: Medical Device Industry: "Recovering from Recession. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from more than 40 offices on six continents.

Western European Hearing Aids Market / M716

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Medical Services/Equipment Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Medical Services/Equipment articles,
CATCH Visitors via Your Competitors Announcements!


Ageing Population Enlarges Applicable Customer Base in the Western European Hearing Aids Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Janique Morvan 
+33(0)1 42 81 20 37 janique.morvan[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

Medical Services/Equipment via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read Medical Services/Equipment Most Recent Related Press Releases:

Sparta Systems Broadens Partnership with TrackWise Implementation Specialist Equality Systems
Thales Launches the Pixium Portable 3543 DR Wifi Enabled Flat Panel Detector
GE Healthcare Showcases Industry-first Technologies and Digital Solutions, Focused on Improving Outcomes, At RSNA 2016
Agfa and LCsys Team Up to Launch ABSOLUT-ID, Their Turnkey Integrated Solution for the Production of High Security ID Cards
ZOLL Technology for Improving CPR Quality to be Showcased at American Heart Association Annual Conference
AccuVein to Exhibit Leading Vein Visualization Technology at American Society for Dermatologic Surgery Annual Meeting
US Biomedical Textiles Transform Implant Device Technology by Aligning to Changes in Patient Preference Finds Frost & Sullivan
Frost & Sullivan Commends Influence Health for Constantly Evolving its Patient Engagement Products to Accelerate Market Transformation
Frost & Sullivan Awards Carestream Top Honors for OnSight 3D Extremity System
Sparta Systems Launches the Next-Generation Cloud Solution Stratas QMS

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  JobsWare.com

Visit  BizJobs.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today