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Hearing Aid Manufacturing in the US - Industry Market Research Report

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    Report

  • 39 Pages
  • March 2021
  • Region: United States
  • IBISWorld
  • ID: 4114871

Loud and Clear: An Increasingly Elderly Population Will Likely Sustain Rising Demand for Hearing Aids

The United States represents a significant market for the Hearing Aid Manufacturing industry. Over the five years to 2018, the US market has expanded, driven by an aging population and improving economic conditions. However, the industry has been forced to contend with mounting price-based competition from hearing aid imports that are anticipated to rise as a share of domestic demand. Over the five years to 2023, industry revenue is forecast to increase slightly. In the United States, an increasingly elderly population is anticipated sustain rising demand for hearing aids.

This industry manufactures audiological devices, including hearing aids, measurement and testing devices and cochlear implants.

Report Scope


This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.

Table of Contents

ABOUT THIS INDUSTRY
  • Industry Definition
  • Main Activities
  • Similar Industries
  • Additional Resources

INDUSTRY AT A GLANCE
INDUSTRY PERFORMANCE
  • Executive Summary
  • Key External Drivers
  • Current Performance
  • Industry Outlook
  • Industry Life Cycle

PRODUCTS & MARKETS
  • Supply Chain
  • Products & Services
  • Demand Determinants
  • Major Markets
  • International Trade
  • Business Locations

COMPETITIVE LANDSCAPE
  • Market Share Concentration
  • Key Success Factors
  • Cost Structure Benchmarks
  • Basis of Competition
  • Barriers to Entry
  • Industry Globalization

MAJOR COMPANIES
OPERATING CONDITIONS
  • Capital Intensity
  • Technology & Systems
  • Revenue Volatility
  • Regulation & Policy
  • Industry Assistance

KEY STATISTICS
  • Industry Data
  • Annual Change
  • Key Ratios

JARGON & GLOSSARY

Companies Mentioned

A selection of companies mentioned in this report includes:

  • William Demant Holding Group
  • Starkey Hearing Technologies
  • Sivantos Group
  • Sonova Group

Methodology

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