Latest News- Bone-Anchored Hearing Aids Market: Sensorineural hearing loss is expected to lead the Type segment during 2024-2028

The Bone-Anchored Hearing Aids Market is being driven by Increasing prevalence of hearing loss

The Bone-Anchored Hearing Aids Market is expected to grow at a CAGR of 9.44% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 156.6 million. In the Bone-Anchored Hearing Aids (BAHA) market, vendors are delivering technologically superior solutions to drive growth. Their focus is on creating advanced BAHA models, prioritizing patient comfort and minimizing risks associated with implantation surgery. BAHA devices, which are percutaneous bone conduction devices (BCD), provide several advantages over traditional BCDs. These hearing aids eliminate pressure on the head and preserve high frequencies by transmitting vibrations directly to the bone via a screw, thereby avoiding circulatory issues and maintaining skin integrity. Despite offering effective hearing rehabilitation, BAHA implants come with certain disadvantages, primarily related to skin penetration. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Type
  • Sensorineural hearing loss
  • Conductive hearing loss
  • Others
• End-user
  • Adults
  • Pediatrics
• Geography
  • North America
    • US
    • Canada
  • Europe
    • Germany
    • UK
  • Asia
  • Rest of World (ROW)

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increasing prevalence of hearing loss
• Rising geriatric population
• Growing focus on emerging markets

However, the market also witnesses some limitations, which are as follows:

• High cost associated with bone-anchored hearing aids
• Risks and complications associated with bone-anchored hearing aids
• Availability of alternatives

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Market Scope in Bone-Anchored Hearing Aids Market Research Report

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Research Analysis Overview

Title: Bone-Anchored Hearing Aids: A Solution for Hearing-Impaired Population with Unique Needs Bone-anchored hearing aids (BAHA) are a type of hearing solution that utilizes the bone conduction mechanism to transmit sound directly to the inner ear. This treatment option is particularly beneficial for individuals with conductive hearing loss, single-sided deafness, or those who experience chronic ear infections, cholesteatoma, or acoustic neuroma, which prevent the standard hearing aids from functioning effectively. BAHA devices are aesthetically pleasing and customized to fit individual needs, making them a popular choice among the hearing-impaired population. The procedure involves a surgical implantation of a titanium screw into the mastoid bone, followed by the attachment of an abutment and a hearing aid. Leading competitors in the bone-anchored hearing aids market include Cochlear, a global leader in implantable hearing solutions. Procedure numbers for BAHA implantation have been on the rise, particularly in pediatric populations, with an increasing number of cases related to aural discharge and skin irritation in the subcutaneous tissues. Skin impedance plays a crucial role in the success of the procedure, and careful consideration is given to the inner ear's health before implantation. Despite the benefits, potential complications include the risk of infection, cholesteatoma recurrence, and skin irritation. It's essential to consult with a healthcare professional to determine if BAHA is the right treatment option for your unique hearing needs.

Market Research Overview

Technavio's market analysis encompasses the Bone-Anchored Hearing Aids (BAHA) market as a segment of the expansive global healthcare equipment industry. This sector encompasses entities involved in the research and development (R&D) of various product categories, such as capital equipment, instruments, implants, accessories, and consumables. The global healthcare equipment market's size is determined by the consolidated revenue generated by manufacturers of diagnostic equipment and devices utilized across diverse therapy areas. The healthcare equipment sector is segmented into Devices, which incorporates advanced, differentiated, and clinically tested data-driven devices.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
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