Hearing Aids Market By Product (Hearing Aid Devices (Receiver-In-The-Ear Hearing Aids, Canal Hearing Aids , Behind-The-Ear Hearing Aids , In-The-Ear (ITE) Hearing Aids) and Hearing Implants (Bone-Anchored Systems and Cochlear Implants)); Type Of Hearing Loss (Conductive Hearing Loss, and Sensorineural Hearing Loss); End User (Pediatrics, and Adults) - Analysis & Forecast 2019-2030

Report ID : 37  |  Published Date : Mar 2019  |  Pages : 150  |  Region : Global  |  Report Code : MD-20





Hearing Aids Market Overview and Introduction

The global hearing aids market is estimated to be over US$ 6.5 Bn in 2017. It is anticipated to grow at a CAGR of 6.9% from 2019 to 2030.

Hearing aids are devices which amplify sound and assist individuals suffering from hearing impairment.  Few of the constituents of these devices include, a microphone, for picking up sound, an amplifying circuit for relaying the sound louder and a miniature speaker which delivers the amplified sound to the ear, and finally, a battery to power the electronic components.

The global hearing aids market is driven by increasing incidences and prevalence of hearing loss, focus of market players in introducing new and innovative products and availability of rising geriatric population are some of the major factors driving the market. However, high cost of device is likely to restrain the market to certain extent.

Hearing Aids Market

Hearing Aids Market by Product

On the basis of product the market can be segmented into hearing aid devices and hearing implants. The hearing aid devices segment can be segmented into, receiver-in-the-ear hearing aids, canal hearing aids, behind-the-ear hearing aids, In-The-Ear (ITE) Hearing aids and other hearing aid devices. Whereas, the hearing implants segment can be bifurcated into bone-anchored systems and cochlear implants. The hearing aid devices segment is anticipated to account for the highest market share, owing to increasing prevalence of hearing loss and affordability prospect of such devices.

Hearing Aids Market by Type of Hearing Loss 

The type of hearing loss segment can be segmented into conductive hearing loss, and sensorineural hearing loss.

Hearing Aids Market by End User

On the basis of end user, the hearing aids market is segmented into pediatrics, and adults. The adults segment is estimated to account for significant share of the hearing aids market. Increasing geriatric population is one of the major factors driving the growth of end-user segment.

Hearing Aids Market by Regions 

The global hearing aids can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW).  Europe dominated the market of hearing aids, followed by North America and Asia Pacific. The dominant market share of this region can be attributed to several factors, namely high disposable income, better awareness among the population and high prevalence of hearing related ailments. However, Asia Pacific is expected to witness the highest CAGR, with the growth in this market centered at China, India, and Japan. Factors such as the rising focus of major players in emerging Asian countries, improving healthcare systems, soaring population, adoption of latest technologies, increasing disposable incomes and supportive government regulations are driving the growth of the hearing aids in this region.

Hearing Aids Market Prominent Players 

The prominent players in the global hearing aids are Sonova, William Demant Holding A/S, GN Store Nord A/S, Cochlear Ltd., Sivantos Pte. Ltd., Starkey, WIDEX A/S, SeboTek Hearing Systems, LLC., Audina Hearing Instruments, Inc. and Horentek other prominent players.

Table of Contents

  1. INTRODUCTION
    1. Market Definition
    2. Market Ecosystem
      1.  Market Classification
      2.  Geographic Scope
      3.  Years Considered for the Study
        1. Historical Years – 2016 & 2017
        2. Base Year – 2018
        3. Forecasted Years – 2019 to 2030
    3. Currency Used for the Study
    4. Report Beneficiary List
  2. RESEARCH METHODOLOGY
    1. Research Framework
    2. Data Collection Technique
    3. Data Sources
      1.  Secondary Sources
      2.  Primary Sources
    4. Market Estimation Methodology
      1.  Bottoms Up Approach
      2.  Top Down Approach
    5. Data Validation and Triangulation
      1.  Market Forecasting Model
      2.  Limitations of the Study
      3.  Assumptions of the Study
  3. ABSTRACT OF THE STUDY
  4. MARKET DYNAMICS ASSESMENT
    1. Overview
    2. Drivers
    3. Barriers/Challenges
    4. Opportunities
  5. UNIQUE SELLING PROPOSITIONS (USPs)
    1. Regulatory Landscape Assessment
    2. Technological Advancement
    3. Initiatives Assessment: Government & Private Bodies
  6. GLOBAL HEARING AIDS MARKET - ANALYSIS & FORECAST, BY PRODUCT
    1. Introduction & Definition
    2. Hearing Aid Devices
      1. Receiver-In-The-Ear Hearing Aids
      2. Canal Hearing Aids
      3. Behind-The-Ear Hearing Aids
      4. In-The-Ear (ITE) Hearing Aids
      5. Other Hearing Aid Devices
    3. Hearing Implants
      1. Bone-Anchored Systems
      2. Cochlear Implants
  7. GLOBAL HEARING AIDS MARKET - ANALYSIS & FORECAST, BY TYPE OF HEARING LOSS
    1. Introduction & Definition
    2. Conductive Hearing Loss
    3. Sensorineural Hearing Loss
  8. GLOBAL HEARING AIDS MARKET - ANALYSIS & FORECAST, BY END USER
    1. Introduction & Definition
    2. Pediatrics
    3. Adults
  9. GLOBAL HEARING AIDS MARKET - ANALYSIS & FORECAST, BY REGION
    1.   North America Hearing Aids Market
      1.  North America Hearing Aids  Market, By Country
        1.  US
        2.  Canada
      2. North America Hearing Aids Market Analysis & Forecast, By Product
      3. North America Hearing Aids Market Analysis & Forecast, By Type of Hearing Loss
      4. North America Hearing Aids Market Analysis & Forecast, By End User
    2. Europe Hearing Aids Market
      1. Europe Hearing Aids  Market, By Country/Region
        1. Germany
        2. U.K
        3. France
        4. Rest of Europe (ROE)
      2. Europe Hearing Aids Market Analysis & Forecast, By Product
      3. Europe Hearing Aids Market Analysis & Forecast, By Type of Hearing Loss
      4. Europe Hearing Aids Market Analysis & Forecast, By End User
    3. Asia Pacific Hearing Aids Market
      1. Asia Pacific Hearing Aids  Market, By Country/Region
        1. China
        2. Japan
        3. India
        4. Rest of Asia Pacific (RoAPAC)
      2. Asia Pacific Hearing Aids Market Analysis & Forecast, By Product
      3. Asia Pacific Hearing Aids Market Analysis & Forecast, By Type of   Hearing Loss
      4. Asia Pacific Hearing Aids Market Analysis & Forecast, By End User
    4.   Rest of the World (ROW) Hearing Aids Market
      1. Rest of the World Hearing Aids  Market, By Country/ Region
        1.  Latin America
        2.  Middle East & Africa
      2. Rest of the World Hearing Aids Market Analysis & Forecast, By Product
      3. Rest of the World Hearing Aids Market Analysis & Forecast, By Type of Hearing Loss
      4. Rest of the World Hearing Aids Market Analysis & Forecast, By End User
  10. COMPETETIVE LANDSCAPE
    1. Market Share Analysis (2018)
    2. Key Strategies Assessment
      1. New Product Launches
      2. Merger & Acquisitions
      3. Expansions
      4. Agreements, Collaborations, & Partnerships
      5. Other Strategies
  11. COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
    1.     Sonova
    2.     William Demant Holding A/S
    3.     GN Store Nord A/S
    4.     Cochlear Ltd.
    5.     Sivantos Pte. Ltd.  
    6.     Starkey  
    7.     WIDEX A/S
    8.     SeboTek Hearing Systems, LLC.
    9.     Audina Hearing Instruments, Inc.
    10. Horentek  (*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)
  12. APPENDIX
    1. Questionnaire
    2. Primary Interviews Transcripts
    3.    Customization Options
    4. Profile of the Author