Market Analysis And Research Reports

Wednesday, 2 January 2019

Base Oil Market: Drivers, Challenges, Opportunity and Growth Forecast, 2024

[Sep, 2016] The global base oil market is expected to reach USD 40.47 billion by 2024, according to a new report by Grand View Research, Inc. Growing demand for industrial lubricants, greases, hydraulic fluids, and metal working fluids made from raw stock fluids such as base oil is anticipated to remain a key driving factor for the market growth. The shifting trend towards adoption of Group II and Group III base oil owing to the shutdown of Group I oil production facilities in Europe, and Asia Pacific is anticipated to fuel industry growth significantly. Rapid expansion in the automotive sector in emerging Asian countries such as China, India, Indonesia, and Thailand is expected to boost demand at a rapid pace. The increasing demand for automotive fluids is owing to excellent properties such as improved oxidative stability, increased viscosity index, high level of saturation and low sulfur content.

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Group II base oil accounted for over 20% of overall volume in 2015. They are manufactured by the hydro-cracking process, and it has high saturated and low sulfur than compared to Group I products.

Further key findings from the report suggest:

• The global base oil market demand was over 37.64 million tons in 2015, and is anticipated to exceed 45 million tons by 2024, growing at an estimated CAGR of 2.4% from 2016 to 2024

• Automotive oils were the largest application segment and accounted for over 40% of total market volume in 2015. The growth of lubricants industry on account of increasing automotive production in Asia Pacific is expected to drive this segment over the forecast period.

• Increasing demand for metalworking processes such as cutting, welding and forming across various applications such as automotive, foundry, ships, aircrafts, milling and industrial machinery is expected to drive metal working fluids demand

• Asia Pacific was the largest market, accounting for over one-third of the total market volume in 2015.The positive outlook towards automotive and industrial manufacturing sectors of emerging economies such as China, Vietnam, India and South Korea is anticipated to promote the usage of industrial and automotive lubricants

• BP and Russian Rosneft have announced to sign an agreement to create a new joint venture company, Yermak Neftegaz LLC, to conduct exploration activities in the Yenisey-Khatanga and West Siberian basins

• The market is highly fragmented among multinational players and small domestic players. Major companies identified in the market include ExxonMobil, Chevron Corp., British Petroleum PLC, Royal Dutch Shell, Sepahan Oil Company, LukOil, Saudi Aramco, S-Oil Corp., Indian Oil Corp. Ltd., Total, Motul, Repsol, Gulf Oil UAE, Petrobras and Tupras

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Table of Contents:

Chapter 1 Methodology and Scope
1.1 Research Methodology
1.2 Research scope and assumptions
1.3 List of data sources

Chapter 2 Executive Summary

Chapter 3 Market Variables, Trends & Scope
3.1 Market segmentation
3.2 Market size and growth prospects
3.3 Base oilvalue chain analysis
3.4 Regulatory Framework
3.4.1 Europe
3.4.2 Asia Pacific
3.4.3 Other Regions
3.5 Technology Overview
3.5.1 Conventional refining
3.5.2 Advanced refining
3.5.3 Hybrid type refining
3.5.4 More advanced synthetic technologies
3.6 Global base oil production landscape
3.7 Base Oil Trade Analysis
3.7.1 Import & export landscape
3.7.2 Key Importers
3.7.3 Key Exporters
3.8 Base oil sales policies
3.9 Base oil storage capacity
Continued...

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Compression Therapy Market: Global Industry Status and Forecast, 2022

[Jul, 2016] The global compression therapy market size is expected to reach USD 3.96 billion by 2022, according to a new report by Grand View Research Inc. Increasing prevalence of chronic venous disorders such as deep vein thrombosis, leg ulcers, lymphedema and venous insufficiency is expected to serve as the key driver. Growing sports and adventure related injuries are also expected to boost market growth over the forecast period. In Addition, the increasing incidence of diabetes is also likely to support the market demand as diabetic patients usually suffer from swelling in legs, ankles and feet. Rising geriatric population base is identified as a driver for the compression therapy market owing to the high susceptibility of this age group towards developing chronic venous disorders. Additionally, advancements like use of mobile intermittent pumps and inelastic boots is likely to lead to better compliance and efficacy in patients thereby, leading to greater usage of this therapy.

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Further key findings from the report suggest:

• Static technology compression therapy dominated the market in 2014, with revenue of over USD 1.75 billion. Extensive use of static devices owing to their easy application and removal as compared to the other traditional therapies like treatment with heparin is a key factor contributing towards the dominance of this segment.

• Dynamic therapy is expected to witness substantial growth over the forecast period owing to the benefits associated with this technology. Dynamic devices mimic the lymphatic system and promote fluid movement and hence have higher efficacy in wound healing. In addition, studies showed that these devices reduce the cost of therapy and provide faster healing as compared to the static therapy.

• Compression bandages dominated the product segment in 2014 at over USD 1.2 billion, owing to their increased demand as a consequence of ease of application; reduce slippage and less bulkiness which allows patients to wear normal footwear.

• North America compression therapy market dominated this industry with over 45% of revenue share in 2014, owing to the increasing geriatric population base, rising prevalence of diabetes, unhealthy lifestyle of people and high awareness amongst people about venous diseases.

• Asia Pacific is expected to grow at over 7.5% over the coming seven years as a consequence of rapidly improving healthcare infrastructure in this region which has improved the access for compression devices

• Key players operating in this industry include Medtronic Plc, SIGVARIS, BSN Medical GmbH, ArjoHuntleigh, Medi GmbH & Co. and Julius Zorn GmbH. These companies are involved in various developmental strategies such as mergers and acquisitions to sustain their market share.

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Table of Contents:

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources

Chapter 2. Executive Summary
2.1. Compression Therapy- Industry Snapshot and Key Buying Criteria, 2012 - 2022

Chapter 3. Compression Therapy Industry Outlook
3.1. Compression Therapy: Market segmentation
3.2. Compression Therapy market size and growth prospects
3.3. Compression Therapy: Market dynamics
3.3.1. Market driver analysis
3.3.2. Market restraint analysis
3.4. Key opportunities prioritized
3.5. Industry analysis - Porter's
3.6. Compression Therapy competitive landscape, 2014
3.6.1. Company market share analysis, 2014
3.6.2. Competitive landscape: Market position analysis (based on products, regional presence and strategic initiatives)

3.7. Compression Therapy market: PESTEL analysis, 2014
Chapter 4. Compression Therapy Technology Outlook
4.1. Compression Therapy market share, by technology, 2014 & 2022
4.2. Static compression therapy
4.2.1. Static market estimates and forecasts, 2012 - 2022 (USD Million)
4.3. Dynamic compression therapy
4.3.1. Dynamic market estimates and forecasts, 2012 - 2022 (USD Million)
Continued...

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Tuesday, 1 January 2019

Neurodiagnostics Market Research, Landscape and Key Vendors Report 2024

[Nov, 2016] The global neurodiagnostics market was valued at 13.6 billion in 2015 and is expected to reach a value of USD 18.3 billion by 2024. Key factors driving the market growth include increasing prevalence of neurological diseases due to demographic changes and growing awareness of their management. In addition, consistent technological modifications coupled with increased preference for novel diagnostic technologies will further fuel the market. The economic burden of neurological diseases is extremely high on society and governments with around 1 billion people suffering globally.

Among all the neuroimaging techniques, computed tomography has the largest market share followed by Magnetic Resonance Imaging (MRI). Computed Tomography (CT) uses ionized radiations for the purpose of creating images, whereas MRI uses radio waves in a magnetic field. Neuroimaging techniques are used to detect brain injuries, developmental malformations in the brain area, vascular irregularities that may lead to stroke, epilepsy, etc.

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Biomarkers are an important part of in vitro diagnostics for neurological disorders as their development is targeted at the early disease diagnosis with information about nervous system. Although biomarkers are not commercially available in the market, their use is confined to clinical research settings. For instance, ELISA tests for Tau protein are available in clinical studies of Alzheimer's disease. In addition, neuroinformatics is a field that studies neuroscience and information technology. This integration allows the storage of neurological data in the form databases. The neuroinformatics market is expected to grow at second highest growth rate during the forecast period.

Further Key Findings From the Study Suggest:

• Increased life expectancy has resulted in increased geriatric population across the globe. The prevalence of aging-related neurological diseases such as Alzheimer's disease and Parkinson's disease is on the rise. The diagnosis of these diseases includes neuroimaging, in vitro diagnosis, and neuroinformatics.

• CT and MRI are the most commonly used imaging techniques across the globe, which are mainly used to detect brain abnormalities.

• Neurological biomarkers are extremely promising as they provide a direction to the diagnostic studies. Although currently no commercial biomarker is available in the market, an extensive clinical research is happening to find out the perfect combinations of the biomarkers.

• North America held the major market share of around 36% in the year 2015 and will retain its top position during the forecast period. On the other hand, Asia Pacific will exhibit highest CAGR of 4% over the forecast period.

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Table of Contents:

Chapter 1 Methodology & Scope
1.1 Research Methodology
1.2 Research Scope & Assumptions
1.3 List of Data Sources

Chapter 2 Executive Summary

Chapter 3 Market Summary

Chapter 4 Market Variables, Trends& Scope
4.1 Market Segmentation & Scope
4.1.1 Market driver analysis
4.1.2 Market restraint analysis
4.2 Penetration & Growth Prospect Mapping
4.3 Neurodiagnostics Market - SWOT Analysis, by Factor (Political & Legal,
Economic and Technological)
4.4 Industry Analysis - Porter's

Chapter 5 Market Categorization 1: Technology Estimates & Trend Analysis
5.1 Neurodiagnostics Market: Technology Movement Analysis
5.2 Neuroimaging Technologies
5.2.1 Computed tomography (CT)
5.2.2.1 CT market, 2013 - 2024 (USD Million)
5.2.2 Magnetic resonance imaging (MRI)
5.2.2.2 MRI market, 2013 - 2024 (USD Million)
5.2.3 Nuclear medicine imaging (PET, SPECT)
5.2.3.1 Nuclear medicine imaging (PET, SPECT) market, 2013 - 2024 (USD Million)
5.2.4 Near infrared spectroscopic imaging (NIRS)
5.2.4.1 NIRS market, 2013 - 2024 (USD Million)
5.2.5 Electroencephalography (EEG)

Chapter 6 Market Categorization 2: Regional Estimates & Trend Analysis, by Technology
6.1 Neurodiagnostics Market Share by Region, 2013 & 2024
6.2 North America
6.2.1 U.S.
6.2.2 Canada
6.3 Europe
6.3.1 UK
6.3.2 Germany
6.4 Asia Pacific
6.4.1 Japan
6.4.2 China
Continued...

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Wireless Gigabit (WiGig) Global Market- Industry Revenue, Challenges and Opportunity 2024

[Oct, 2016] The global wireless gigabit (WiGig) market size is expected to reach USD 7.42 billion by 2024, according to a new report by Grand View Research, Inc. The increasing requirement for improved internet connectivity and better speed is driving the high-speed Internet growth across the globe. Moreover, the high penetration of smartphones and use of multiple devices are contributing to the overall industry growth. Global consumers demand high-speed connectivity without wires fastening them to their devices. Due to its capability of providing multi-gigabit data transfer, the technology is widely used in applications right from video streaming to backing up files. As consumers demand wireless videos and data continues to grow, 802.11ad in the 60GHz spectrum shall provide more enhanced network capacity that makes it a feasible extension for the congested 2.4GHz/5GHz Wi-Fi spectrum. Companies serving verticals such as media and entertainment, online gaming, healthcare, hospitality, educational institutions, research environments, and financial services, among others require a big bandwidth and high-speed Ethernet options. Furthermore, businesses are increasingly deploying resources to the cloud, whether a public, private, or hybrid cloud environment. Maximizing the effectiveness of cloud computing depends on the sufficient broadband speed and reliability that is also cost-effective. Such factors are increasingly contributing toward the rapid industry growth.

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However, the escalation in productivity from BYOD devices has put more pressure on wireless networks, making costs harder to control and the devices more complex to manage within an organization. Due to the growing transition toward virtualization and BYOD, business networks are struggling with increased complexity.

Further Key Findings From the Study Suggest:

• The 802.11ac segment dominated the industry, which is anticipated to grow at a CAGR of nearly 30% over the forecast period. The exponential growth of virtualization, video, and mobility has led to an increase in the demand for bandwidth. Moreover, organizations require robust, adaptable, and easily positioned wireless LAN solutions as more of their workforces are accessing the network using intelligent mobile devices that run high bandwidth applications. These factors are leading to the rapid adoption of 802.11ac-enabled devices.

• The consumer electronics segment is anticipated to significantly dominate the industry over the forecast period with a CAGR of over 31%, owing to the increasing proliferation of consumer devices such as smartphones, tablets, and laptops. Owing to the rise in the adoption of these consumer devices, many business networks have experienced network congestion issues along with interference. This has led several network operators to move their dual-band services to operate using the 5GHz spectrum, thus driving the growth of the WiGig market.

• IT & telecom led the industry with a share of 29% in 2015. With the improvement in the telecom connectivity, companies are increasingly adopting applications such as BYOD throughout their operations. Moreover, the increase in the employee strength and the growing demand for worldwide coordination have, in turn, increased the demand for the high-speed Internet. This propels the IT & telecom organizations to use WiGig solutions across their businesses.

• Asia Pacific is projected to be a key regional segment with over 45% of the overall revenue share in 2015. The presence of a large number of WiGig manufacturers is the key factor for the dominating share accounted by the region. The presence of robust economies, such as India and China, is also expected to drive the regional growth. Moreover, the rising adoption of third-party platforms by enterprises, along with varied government initiatives, is projected to drive the need for smart network solutions.

• The key vendors in the WiGig market include Intel Corporation, Qualcomm, Broadcom Corporation, Panasonic Corporation, Marvell Technology Group Ltd., NEC Corporation, Cisco Systems, Inc., MediaTek, Nvidia Corporation, and Azurewave Technologies, Inc. Industry players are continuously investing in partnerships and new products to create opportunities for entering into new verticals and gaining a significant industry share.

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Table of Contents:

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. List of Data Sources

Chapter 2. Executive Summary

Chapter 3. Market Snapshot
3.1. WiGig - Market Snapshot & Key Buying Criteria, 2014 - 2024

Chapter 4. WiGig Industry Outlook
4.1. Market Segmentation
4.2. Market Size and Growth Prospects
4.3. WiGig Value Chain Analysis
4.3.1. Vendor landscape
4.4. WiGig Market Dynamics
4.4.1. Market driver analysis
4.4.1.1. Transition from IPv4 to IPv6
4.4.1.2. Growing BYOD and IoT trends
4.4.2. Market restraint analysis
4.4.2.1. Rising cost of IPAM
4.5. Key Opportunities Prioritized
4.6. Industry Analysis - Porter's
4.7. Key Company Analysis, 2015
4.7.1. Company strategy overview
4.8. WiGig Market PESTEL Analysis, 2015

Chapter 5. WiGig Type Outlook
5.1. WiGig Market Share by Type, 2014 & 2024
5.2. 802.11ac
5.2.1. Global market estimates and forecasts, 2014 - 2024
5.3. 802.11ad
5.3.1. Global market estimates and forecasts, 2014 - 2024
Continued...

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Monoclonal Antibodies (mAbs) Market Development Status, Analysis and Research Report 2013-2024

[Nov, 2016] The global monoclonal antibodies (mAbs) market was valued at USD 85.4 billion in 2015 and is expected to reach a value of USD 138.6 billion by 2024. Increasing R&D pertaining to the development of therapeutic mAbs coupled with supportive government initiatives is expected to drive the monoclonal antibodies market growth over the forecast period. Increasing demand for personalized medicine is a vital factor responsible for the increasing development of therapeutic antibodies to provide targeted therapies as every individual responds in a different manner to a particular treatment. Moreover, related benefits of using mAbs for therapeutic purposes, including fewer adverse effects, homogeneity, specificity, and large-scale production, are contributing toward significant market growth. In addition, the government initiatives to enable cost-effective production of mAbs is anticipated to propel the emergence of this sector over the forecast period. For instance, the biomanufacturing initiative byNational Institute of Standards and Technology in the U.S. provides scientifically sound regulatory guidelines to ensure effective and safe manufacturing of protein therapeutics and to support biopharmaceutical manufacturers in offering low-cost and high-quality protein drugs across the globe.

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Further Key Findings From the Study Suggest:

• Human-based mAbs segment is predicted to grow at a lucrative CAGR in the coming years due to their associated benefits and numerous R&D activities conducted for further development of human mAbs. Large number of mAbs of human origin are in phase III clinical trial for cancer treatment

• In vitro production of mAbs is anticipated to show the fastest growth owing to its wide-scale adoption by biologics manufacturers due to its greater efficiency in cost and time

• The research institute segment is anticipated to exhibit profitable growth due to increasing R&D efforts in the biotech industry as monoclonal antibodies have emerged as a major class of therapeutics for several human diseases, particularly immunological infectious diseases and cancer

• The Asia pacific region has significant growth potential due to rising government initiatives in this region supporting the use of mAbs for research and treatment purposes coupled with the surge in sponsored R&D projects for the development of cost-effective therapeutic mAbs.

• For instance, government-led fund providers, such as National Natural Science Foundation and National Basic Research Program of China, offer financial support to enterprises and universities to conduct mAb research and development.

• The key players serving the monoclonal antibodies market arePfizer, Inc., GlaxoSmithKline plc, Novartis AG, Merck & Co., Inc, Amgen, Inc., Abbott Laboratories, AstraZeneca, Eli Lilly and Company, Mylan N.V., Daiichi Sankyo Company, Ltd., Bayer AG, Bristol Myers Squibb Co.,Johnson & Johnson Services, Inc., Biogen Inc., Thermo Fisher Scientific, Inc., Sanofi Genzyme, F. Hoffmann-La Roche Ltd., and Novo Nordisk A/S.

• The introduction of advanced methods for mAb production further encourages the pharmaceutical companies to build their own product pipeline. According to a study published by NCBI at the end of 2013, approximately 816 companies were involved in therapeutic protein research.

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Table of Contents:

Chapter 1 Research Methodology & Scope
1.1 Region Wise Market Calculation
1.1.1 Region Wise Market: Base Estimates
1.1.2 Global Market: CAGR Calculation
1.2 Region based segment share calculation
1.3 List of Secondary Sources

Chapter 2 Executive Summary

Chapter 3 Market Snapshot

Chapter 4 Market Variables, Trends & Scope
4.1 Market segmentation & scope
4.1.1 Market Driver Analysis
4.1.1.1 Increasing incidences of chronic diseases
4.1.1.2 Technological advancements
4.1.1.3 Growing awareness levels
4.2 Market Restraint Analysis
4.2.1.1 High cost of therapeutic mAbs
4.3 Penetration & growth prospect mapping
4.4 Monoclonal Antibodies - SWOT Analysis, By Factor (political & legal, economic and technological)
4.5 Industry Analysis - Porter's

Chapter 5 Market Categorization 1: Source Type Estimates & Trend Analysis
5.1 Monoclonal antibodies market: Source type movement analysis
5.2 Murine
5.2.1 Murine market, 2013 - 2024 (USD Billion)
5.3 Chimeric
5.3.1 Chimeric market, 2013 - 2024 (USD Billion)
5.4 Humanized
5.4.1 Humanized market, 2013 - 2024 (USD Billion)
Continued...

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Flame Retardant Market Growing Opportunities and Demand Over Global Market 2014-2025

[Nov, 2016] The global flame retardants market is expected to reach USD 11.96 billion by 2025. Favorable regulatory scenario promoting the use of these materials for fire safety is expected to fuel market growth over the forecast period. Flame retardants are added to potentially flammable products as a precautionary measure against fire hazards. Stringent fire safety regulations and guidelines have forced construction industry to adopt flame retardant usage. The usage of the high amount of composite material and plastics has increased the risk of fire hazards. To reduce this risk and to increase the critical escape time in case of fire hazards, there has been an increase in FR usage and this trend is expected to grow over the next nine years thus benefitting flame retardant demand. Non halogenated flame retardants emerged as the leading product segment and accounted for 57.7% of total market volume in 2015. The product segment is also expected to witness the highest growth of 5.7% over the forecast period. Favorable regulations regarding the use of non halogenated flame retardants are expected to drive this segment over the forecast period.

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Further key findings from the report suggest:

• The global flame retardant market demand was 2.49 million tons in 2015 and is expected to exceed 4.0 million tons by 2025, growing at a CAGR of 4.9% from 2016 to 2025

• Aluminum hydroxide had the highest penetration within the non halogenated segment, in terms of demand in 2015 and is expected to grow at an estimated CAGR of 5.7% over the forecast period. Regulations restricting the usage of halogenated flame retardants have been benefitting their non halogenated counterparts

• Epoxy resins were the largest application segment and accounted for 24.1% of total market volume in 2015. Polyolefins are expected to experience the fastest growth of 5.5% over the forecast period.

• Electrical & electronics was the leading end-use industry consuming flame retardants with a demand share exceeding 40% in 2015. It is also expected to witness the highest growth of 5.2% over the forecast period. The growth of electronics industry particularly in Asia Pacific coupled with favorable regulations is expected to drive growth.

• They are used widely in electronics & electrical industry to achieve the prescribed flammability standards. Components such as printed wiring boards, electrical connectors, wires & cables and electrical cabinets & enclosures use flame retardants.

• Asia Pacific was the leading consumer and accounted for 47.9% of total market volume in 2015. The presence of manufacturing hubs, rising demand for construction and consumer electronics in the region are the primarily attributed reasons for the highest penetration. The region is also expected to witness the highest growth over the forecast period.

• Major industry participants include Chemtura Corporation, Albemarle Corporation, Israel Chemical LTD., Clariant International Ltd., BASF, & DSM N.V. Companies have been inking agreements to allow the marketing and sale of their products in the regional markets. Capacity addition, expansion, and increase in raw material storage capacity to deal with demand fluctuations have been undertaken by major industry participants.

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Table of Contents:

Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumptions
1.3. List of Data Sources

Chapter 2. Executive Summary
2.1. Market Snapshot

Chapter 3. Flame Retardant Market Variables, Trends& Scope
3.1. Flame retardant market segmentation
3.2. Flame retardant market size and growth prospects, 2014 - 2025
3.3. Flame retardant market - Value chain analysis
3.3.1. Vendor landscape
3.4. Regulatory Scenario
3.5. Flame retardant market dynamics
3.5.1. Market driver analysis
3.5.2. Market restraint analysis
3.6. Key market opportunities - Prioritized
3.7. Flame retardant Porter's analysis
3.8. Flame retardant market PESTEL analysis, 2015

Chapter 4. Flame Retardant Product Estimates & Trend Analysis
4.1. Global flame retardant market share by product, 2015 & 2025
4.2. Halogenated Flame Retardants
4.2.1. Market estimates and forecast, 2014 - 2025
4.2.2. Market estimates and forecast, by region, 2014 - 2025
4.2.3. Brominated Flame retardants
4.2.3.1. Market estimates and forecast, 2014 - 2025
Continued...

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Hearing Aids Market- Global Industry Share, Type, Global Market Forecasts To 2024

[Sep, 2014] The global hearing aids market was valued at USD 4.5 billion in 2015 and is expected to reach a value of USD 6.5 billion by 2024, according to a new report by Grand View Research, Inc. Key factors driving the market expansion include the dramatic increase in aging population of 65 years & above and the associated loss of hearing and growing demand for new-generation instruments that are technologically enhanced and enriched equipment with better aesthetics. As per the data published by the WHO (2013), the prevalence of the same disease in adults over age of 65 years is expected to be five times more than that for the individuals below 65 years of age. It also estimates that in the developing nations around 20% of the people with hearing loss require hearing aids and less than 3% of them are expected to be using it. Other factors leading to the hearing-related problems in individuals are chronic ear infections, birth defects, exposure to high decibels of noise, and prolonged listening to loud music through headphones. Around 90% of the global chronic ear infections prevail in the South-West Asia, Western Pacific, and African regions.

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Education and increased health-related awareness amongst the population also plays a crucial role in increasing the demand across the world. The WHO assists the low- and middle-income countries to develop programs for prevention and management of hearing loss.

Further Key Findings From the Study Suggest:

• In 2015, the behind-the-ear devices accounted for the largest market share of about 47.1%. The high growth was attributed to the high comfort levels, better connectivity, and high efficiency of the product.

• The digital aids segment occupied the majority of the share, accounting for about 85% in 2015. The segment continued to dominate with a CAGR of 4.8% during the forecast period. The key factors for growth include enhanced listening experience and high connectivity with smart phones.

• In 2015, Europe held the majority of the market share of about 38.3%. The major drivers for the growth of this industry are an increase in the hearing disorders & deafness and the growing demand for technologically advanced hearing solutions. The increase in the geriatric population and the growing purchasing power of the patients also contributes to the growth in the region.

• Asia Pacific is expected to emerge as the fastest growing region with a CAGR of 5.4% during the forecast period. The developing economies possess large pool of patients and exhibit high prevalence of this disease.

• Some key players in the market are GN ReSound, William Demant Holdings A/S, Sonova Holding AG, Sivantos Pte Ltd. (Siemens), Widex A/S, and Starkey Hearing Technologies; they focus on developing unique technically advanced devices that focus on enhanced listening and miniaturization.

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Table of Contents:

Chapter 1 Research Methodology
1.1 Information procurement
1.1.1 Purchased database:
1.1.2 GVR's Internal Database
1.2 Primary Research:
1.2.1 List of primary sources include:

Chapter 2 Executive Summary

Chapter 3 Market Snapshot

Chapter 4 Market Variables, Trends & Scope
4.1 Market segmentation & scope
4.1.1 Market driver analysis
4.1.1.1 Growing global geriatric population base
4.1.1.1.1 Country wise percent prevalence of mild hearing loss in geriatric population
4.1.1.1.2 Country wise percent prevalence of moderate impairment hearing loss in geriatric population
4.1.1.1.3 Global geriatrics population growth, 2012 - 2022 (Million)
4.1.1.2 Increasing prevalence of mild to moderate hearing loss
4.1.1.2.1 Country wise percent prevalence of mild hearing loss in adult population
4.1.1.2.2 Country wise percent prevalence of moderate impairment hearing loss in adult population
4.1.1.3 Introduction of technological advancements and aesthetically appealing products
Continued...

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