TINNITUS MANAGEMENT MARKET ANALYSIS

Leading Companies

Key players in the market are developing and launching new products for aiding in management of tinnitus. For instance, launch of notched music device and cochlear implant has aided in enhanced management of tinnitus. In notched music devices, specific frequency of sound is removed, which is equivalent to frequency of tinnitus sound. Patient listening to this tailored sound daily for specific period, would benefit from this, as it could aid in elimination of the tinnitus sound. Cochlear implants are majorly used by patients with tinnitus suffering from single-sided deafness.

Some of the key players in the tinnitus management market are focusing on launching new products and devices, in order to enhance their market share. For instance, in January 2018, Oticon launched its ConnectClip, which is a connectivity device that turns hearing aids into wireless headset for improving user’s listening and communication experience. Several companies such as Oticon Inc. and GN Hearing/S have launched their mobile applications that produces sound to mask the tinnitus sound in subjective tinnitus patients. Auris Medical Holding AG is focusing on developing novel molecule, Keyzilen, for the treatment of acute inner ear tinnitus following traumatic cochlear injury or otitis media. Keyzilen contains Esketamine hydrochloride—a biocompatible and fully biodegradable—which is an N-Methyl-D-Aspartate receptor antagonist.

Key players operating in the global tinnitus management market include Sivantos, Inc., Starkey Hearing Technologies, Inc., GN Hearing A/S, Widex A/S, Oticon Inc., Neuromod Devices Ltd., Neuromonics, Inc., Puretone Ltd., and Cochlear Americas, Inc.