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Audiology Devices Market Analysis By Product (Cochlear Implants, Bone Anchored Hearing Aids, Hearing Aids, Audiometers, Otoscopes, Tympanometers) And Segment Forecasts To 2020

  • ID: 3292631
  • Report
  • 119 pages
  • Grand View Research
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FEATURED COMPANIES

  • Advanced Bionics
  • Deco
  • InSound Medicla
  • MedRx
  • Phonak
  • Sophono
  • MORE
The global market for audiology devices is expected to reach USD 9,542.3 million by 2020, growing at an estimated CAGR of 5.0% from 2014 to 2020. Introduction of technological advancements such as wireless devices, acceptance of these devices by the geriatric population along with increase in demand of cost-effective and efficient devices are some of the major drivers of this market. In addition, presence of untapped growth opportunities in emerging countries such as India, Brazil and China and the increasing health awareness are expected to serve this market as future growth opportunities.

Hearing aids dominated the overall market in terms of revenue share at 64.1% in 2013. High comfort rendered by these products, enhanced connectivity and enhanced user friendliness are some of the factors attributing to its high usage rates and subsequently large market share.

Further key findings from the study suggest:

- Behind-the-Ear (BTE) aids dominated the hearing aid market by product in terms of share at over 55.5% in 2013 due to its ease of use and connectivity.
- Europe was the largest regional market in 2013, accounting for over 40.0% of global revenue due to the increased prevalence of deafness coupled with the presence of high patient disposable incomes and sophisticated healthcare infrastructure.
- Asia Pacific audiology devices market is expected to grow at the fastest CAGR of 7.4% from 2014 to 2020. Presence of unmet medical needs coupled with a regularly improving healthcare infrastructure coupled with growing population in emerging markets such as India and China are some of the factors attributing to its lucrative growth.
- Cochlear implants are expected witness significant growth over the forecast period, owing to its high effectiveness in terms of sentence understanding. A cochlear implant achieves an average of 80% sentence understanding as compared to hearing aids with 10% sentence understanding.
- Key industry participants of this market include William Demant Holdings A/S, GN ReSound Group, Sonova Holdings AG, Starkey Hearing Technologies, Siemens Healthcare and Widex A/S, Phonak, Audioscan, Cochlear Ltd., Interacoustics, ReSound, Rayovac, Advanced Bionics, MED-EL, Natus, Duracell, Grason-Stadler, Sophono, Oticon, MedRx, Power One, Austar Hearing, National Hearing Care, and NHC/Amplifon.

For the purpose of this study, the report has segmented the audiology devices market on the basis of product, technology and region:

Audiology Devices Product Outlook

- Cochlear implants
- Diagnostic devices
- - Tympanometers
- - Otoscopes
- - Audiometers
- Bone anchored hearing aid Open system
- Hearing Aids Market by Products
- - In-the-ear aids (ITE)
- - Receiver-in-the-ear aids (RITE)
- - Behind-the-ear aids (BTE)
- - Canal hearing aids: in-the-canal (ITC), invisible-in-canal (IIC), completely-in-canal (CIC)
- Hearing Aids Market by Technology
- - Digital hearing aids
- - Analog hearing aids

Audiology Devices Regional Outlook

- North America
- Europe
- Asia Pacific
- RoW
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Advanced Bionics
  • Deco
  • InSound Medicla
  • MedRx
  • Phonak
  • Sophono
  • MORE
Chapter 1. Executive Summary
1.1. Audiology devices - Industry Summary and Critical Success Factors (CSFs)

Chapter 2. Audiology devices Industry Outlook
2.1. Market Segmentation
2.2. Market Size and Growth Prospects
2.3. Audiology devices Market Dynamics
2.3.1. Market Driver Analysis
2.3.2. Market Restraint Analysis
2.4. Key Opportunities Prioritized
2.5. Industry Analysis - Porter's
2.6. Audiology Devices - Company Market Share Analysis
2.7. Audiology Devices Market PESTEL Analysis, 2012
2.8. Audiology Devices - Pipeline Overview

Chapter 3. Audiology Devices Product Outlook
3.1. Cochlear Implants
3.1.1. Cochlear Implants Market Estimates and Forecasts, 2012 - 2020 (USD Million)
3.2. Diagnostic Devices
3.2.1. Diagnostic Device Market Estimates and Forecasts, 2012 - 2020 (USD Million)
3.3. Bone Anchored Hearing Aid
3.3.1. Bone Anchored Hearing Aid Market Estimates and Forecasts, 2012 - 2020 (USD Million)
3.4. Technological Hearing Aid
3.4.1. Technological Hearing Aid Estimates and Forecasts, 2012 - 2020 (USD Million)
3.5. Hearing Aid
3.5.1. Hearing Aid Market Estimates and Forecasts, 2012 - 2020 (USD Million)

Chapter 4. Audiology devices Regional Outlook
4.1. North America
4.1.1. Market Estimates and Forecasts, by Products, 2012 - 2020 (USD Million)
4.2. Europe
4.2.1. Market Estimates and Forecasts, by Products, 2012 - 2020 (USD Million)
4.3. Asia Pacific
4.3.1. Market Estimates and Forecasts, by Products, 2012 - 2020 (USD Million)
4.4. RoW
4.4.1. Market Estimates and Forecasts, by Products, 2012 - 2020 (USD Million)

Chapter 5 Audiology devices Competitive Landscape
5.1 William Demant Holdings A/S
5.1.1 Company Overview
5.1.2 Financial Performance
5.1.3 Product Benchmarking
5.1.4 Strategic Initiatives
5.2 GN ReSound Grou
5.2.1 Company Overview
5.2.2 Financial Performance
5.2.3 Product Benchmarking
5.2.4 Strategic Initiatives
5.3 Sonova Holdings AG
5.3.1 Company Overview
5.3.2 Financial Performance
5.3.3 Product Benchmarking
5.3.4 Strategic Initiatives
5.4 Starkey Hearing Technologies
5.4.1 Company Overview
5.4.2 Financial Performance
5.4.3 Product Benchmarking
5.4.4 Strategic Initiatives
5.5 Siemens Healthcare
5.5.1 Company Overview
5.5.2 Financial Performance
5.5.3 Product Benchmarking
5.5.4 Strategic Initiatives
5.6 Widex A/S.
5.6.1 Company Overview
5.6.2 Financial Performance
5.6.3 Product Benchmarking
5.6.4 Strategic Initiatives
5.7 Maico
5.7.1 Company Overview
5.7.2 Financial Performance
5.7.3 Product Benchmarking
5.7.4 Strategic Initiatives
5.8 Natus
5.8.1 Company Overview
5.8.2 Financial Performance
5.8.3 Product Benchmarking
5.8.4 Strategic Initiatives
5.9 MED-EL
5.9.1 Company Overview
5.9.2 Financial Performance
5.9.3 Product Benchmarking
5.9.4 Strategic Initiatives
5.10 MedRx
5.10.1 Company Overview
5.10.2 Financial Performance
5.10.3 Product Benchmarking
5.10.4 Strategic Initiatives
5.11 Advanced Bionics
5.11.1 Company Overview
5.11.2 Financial Performance
5.11.3 Product Benchmarking
5.11.4 Strategic Initiatives
5.12 Trmetrics
5.12.1 Company Overview
5.12.2 Financial Performance
5.12.3 Product Benchmarking
5.12.4 Strategic Initiatives
5.13 Benson
5.13.1 Company Overview
5.13.2 Financial Performance
5.13.3 Product Benchmarking
5.13.4 Strategic Initiatives
5.14 Sophono
5.14.1 Company Overview
5.14.2 Financial Performance
5.14.3 Product Benchmarking
5.14.4 Strategic Initiatives
5.15 Phonak
5.15.1 Company Overview
5.15.2 Financial Performance
5.15.3 Product Benchmarking
5.15.4 Strategic Initiatives
5.16 Ambco
5.16.1 Company Overview
5.16.2 Financial Performance
5.16.3 Product Benchmarking
5.16.4 Strategic Initiatives
5.17 Deco
5.17.1 Company Overview
5.17.2 Financial Performance
5.17.3 Product Benchmarking
5.17.4 Strategic Initiatives
5.18 Inmedico.
5.18.1 Company Overview
5.18.2 Financial Performance
5.18.3 Product Benchmarking
5.18.4 Strategic Initiatives
5.19 Micro-tech
5.19.1 Company Overview
5.19.2 Financial Performance
5.19.3 Product Benchmarking
5.19.4 Strategic Initiatives
5.20 InSound Medicla
5.20.1 Company Overview
5.20.2 Financial Performance
5.20.3 Product Benchmarking
5.20.4 Strategic Initiatives

Chapter 6. Methodology and Scope
6.1. Research Methodology
6.2. Research Scope & Assumption
6.3. List of Data Sources

List of Tables:
1. Audiology devices - Industry summary & Critical Success Factors (CSFs)
2. Global Audiology device revenue, 2012 - 2020
3. Global Audiology device market revenue by region, (USD million), 2012 - 2020
4. Global Audiology device market revenue by products, (USD million), 2012 - 2020
5. Global cochlear implant market, 2012 to 2020 (USD million)
6. Global diagnostics device market, 2012 to 2020 (USD million)
7. Global bone anchored hearing aid market, 2012 to 2020 (USD million)
8. Global technological gearing aid market, 2012 to 2020 (USD million)
9. Global hearing aid market, 2012 to 2020 (USD million)
10. Global Audiology devices market, by region, 2012 to 2020 (USD million)
11. North America Audiology devices demand, by products, (USD million), 2012 - 2020
12. Europe Audiology devices demand, by products, (USD million), 2012 - 2020
13. Asia Pacific Audiology devices demand, by products, (USD million), 2012 - 2020
14. RoW Audiology devices demand, by products, (USD million), 2012 - 2020
15. Global Audiology devices Market - Competitive Landscape

List of Figures:
1. Audiology device Market Segmentation
2. Global Audiology device Market Revenue, 2012 - 2020
3. Audiology devices Market Dynamics
4. Audiology devices Company Market Share Analysis, 2012
5. Key Opportunities Prioritized
6. Industry Analysis - Porter's
7. Audiology devices PESTEL Analysis, 2012
8. Global Insulin market, by products, (USD million), 2012 - 2020
9. Global cochlear implant market, by region, (USD million), 2012 - 2020
10. Global diagnostic device market, by region, (USD million), 2012 - 2020
11. Global bone anchored hearing aid market, by region, (USD million), 2012 - 2020
12. Global technological hearing aid market, by region, (USD million), 2012 - 2020
13. Global hearing aid market, by region, (USD million), 2012 - 2020
14. Audiology devices market - company market share analysis, 2013 (%)
Note: Product cover images may vary from those shown
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- Advanced Bionics
- Ambco
- Benson
- Deco
- GN ReSound Grou
- InSound Medicla
- Inmedico.
- MED-EL
- Maico
- MedRx
- Micro-tech
- Natus
- Phonak
- Siemens Healthcare
- Sonova Holdings AG
- Sophono
- Starkey Hearing Technologies
- Trmetrics
- Widex A/S.
- William Demant Holdings A/S
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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