The first five-year cumulative revenue (2017-2021) is projected to be US$ 42,081.6 Mn, which is expected to increase rather significantly over the latter part of the five-year forecast period. According to report, the hearing aids market is projected to reach a value of over US$ 11,747.0 Mn in 2026 at a CAGR of 4.8% over the forecast period
Segmentation Snapshot:
By product type: The behind the ear hearing aids segment accounted for highest revenue share contribution as compared to that of the other product type segment.
By technology: The digital hearing aid segment is accounted for highest revenue share contribution in 2016, and is expected to register a highest CAGR of over 4.0% over the forecast period (2016-2026).
By distribution channel: The online stores segment is estimated to register highest CAGR of 5.1% as compared to that of the other distribution channel segments.
By region: The market in North America accounted for highest revenue share in the global hearing aids market in 2016, and is expected to register a CAGR of over 4.0% between 2017 and 2026.
Source: https://marketresearch.biz/infographics/hearing-aids-market/
Score from the experts at Killer Infographics
Visual Communication - 60%
Design - 70%
Content/Script - 50%
Usability - 55%
59%
Final Grade
This infographic shows the market for hearing aids around the world. Images of ears and hearing aids help show the subject visually while data visualization works to communicate the numbers. Unfortunately not all the numbers are provided, making it hard to get the full value out of the data. The design is also a bit abrupt without an intro or conclusion. In all we'd give this a D.
