Reportlinker Adds European Markets for Hearing Aids and Audiology Devices 2011
NEW YORK, June 8, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
The retail European hearing aid and audiology device market was valued at over €3.8 billion in 2010, while the wholesale market was valued at almost €1.3 billion. The retail market is expected to grow rapidly by 2017 due to aggressive growth strategies among local and international retail chains and the adoption of new technologies such as wireless Bluetooth® hearing aids and receiver-in-canal models. In addition, the European market for hearing devices exhibits high market potential as the penetration of hearing aid users in Europe is only 18.5%. Growth of the hearing device market is largely dependent on the reimbursement policies of each country, the technological innovations that are offered by the manufacturers and the distribution of hearing aids by the retailers to the end users. This report includes a comprehensive analyses of the wholesale and retail hearing aid markets by style, circuit and battery size and the market for cochlear implants.
The European markets include:
- the Netherlands,