Top 3 Trends Impacting the Global Ear-Based Hearing Aids Market Through 2021: Technavio

LONDON–(BUSINESS WIRE)–#Healthcare–Technavio’s latest market research report on the global
ear-based hearing aids market
provides an analysis on the
most important trends expected to impact the market outlook from
2017-2021. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.


Srinivas Sashidhar, a lead analyst from Technavio, specializing in
research on
medical
devices
, says, “The highest contributor in the ear-based
hearing aids market are behind-the-ear hearing aids. However, it
is expected that in-the-ear hearing aids will gain popularity during the
forecast period.”

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The top three emerging market trends driving the global ear-based
hearing aids
market according to Technavio heavy
industry
research analysts are:

  • IT application-enabled devices are the next big trend
  • 3D printing technology aid in the customization of new devices
  • Launch of next-generation hearing aid devices

IT application-enabled devices are the next big trend

With the advancement in technology, the niche market of ear-based
hearing aids devices has seen a technological transformation. The latest
technological advancements in the product line are likely to improve the
quality of living for the people with hearing loss problems.

The technology update would help in improving the quality of life and
communication in patients. These ear-based hearing aid devices are
developed and modified to keep the patients in sync with the latest IT-powered
world
.

3D printing technology aid in the customization of new devices

3D printing technology is one of the oldest technologies being used in
the medical sector. This technology helped in easing the manufacturing
process of ear-based hearing aid devices. The audiologist scans the ear
with the help of a 3D scanner, creating an ear impression with
the use of lasers. This process helps the customization of shells.
In the early 2000s, Sonova was the first company to use 3D
technology to produce hearing aid devices. About 98% of the hearing aid
devices are manufactured using Stereo Lithography Printers or SLAs, a
type of 3D printer.

“WIDEX is one of the hearing aid companies that excels in 3D printed
ear-based hearing aids. The procedure involves constructing a
three-dimensional image of a patient’s ear canal before the patient is
provided a device,”
says Srinivas.

Launch of next-generation hearing aid devices

Lithium-ion chargeable hearing aid devices are the fastest
growing and most promising battery technology offering 40% enhanced
power as compared to conventional rechargeable batteries. The next
generation hearing aid devices are being launched in the market
eliminating the conventional hearing aid devices. Lithium-ion batteries
are expected to last throughout the lifetime of a hearing aid, even
after repeated charging.

In 2016, Phonak, a global brand manufacturer of hearing
instruments and wireless communication solutions, announced the launch
of next generation hearing aid product platform Belong, which
includes lithium-ion rechargeable battery technology in hearing aids.

Similarly, in November 2016, WIDEX launched a new hearing aid
called Beyond. This receiver-in-the-ear (RITE) style ear-based
hearing aid is expected to provide the outstanding ability for hearing
conversations in difficult listening environments such as parties and
restaurants. The device is compatible with iPhone hearing aid and
connect wirelessly to any Apple product for direct streaming of
phone calls and entertainment.

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