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Hearing Aid Devices And Equipment Global Market Report 2020

  • ID: 4855993
  • Report
  • November 2019
  • Region: Global
  • 200 pages
  • The Business Research Company
1 of 5

FEATURED COMPANIES

  • Amplifon
  • GN ReSound
  • Interton
  • Rion
  • Sonova
  • Widex
  • MORE
Hearing Aid Devices And Equipment Market Global Report 2020 from the author provides strategists, marketers and senior management with the critical information they need to assess the global hearing aid devices and equipment market.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market research findings.
  • Benchmark performance against key competitors.
  • Utilize the relationships between key data sets for superior strategizing.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you within 3-5 working days of order.
Description:
Where is the largest and fastest growing market for the hearing aid devices and equipment? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Hearing Aid Devices And Equipment Market Global Report from the author answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market
  • The Market Characteristics section of the report defines and explains the market.
  • The Market Size section gives the market size ($b) covering both the historic growth of the market and forecasting the future. Drivers and restraints looks at the external factors supporting and controlling the growth of the market.
  • Market Segmentations break down market into sub markets.
  • The Regional and Country section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers all the regions, key developed countries and major emerging markets. It draws comparisons with country populations and economies to understand the importance of the market by country and how this is changing.
  • Competitive Landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The Trends and Strategies section highlights the likely future developments in the market and suggests approaches companies can take to exploit this.
Scope
  • Markets Covered: 1) By Product: Receiver-In-The-Ear Hearing Aids, Behind-The-Ear Hearing Aids 2) By Distribution Channel: Audiology and ENT Clinics, Pharmacies, Online Sales, Others 3) By Technology: Conventional Hearing Aid, Digital Hearing Aid 4) By Patient: Adult, Pediatrics 5) By Type of Hearing Loss: Conductive Hearing Loss, Sensorineural Hearing Loss
  • Companies Mentioned: Starkey, Sonova, Widex, Siemens, GN ReSound
  • Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA
  • Regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
  • Time Series: Five years historic and forecast.
  • Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
  • Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Amplifon
  • GN ReSound
  • Interton
  • Rion
  • Sonova
  • Widex
  • MORE
1. Executive Summary

2. Hearing Aid Devices And Equipment Market Characteristics

3. Hearing Aid Devices And Equipment Market Size And Growth
3.1. Global Hearing Aid Devices And Equipment Historic Market, 2015 - 2019, $ Billion
3.1.1. Drivers Of The Market
3.1.2. Restraints On The Market
3.2. Global Hearing Aid Devices And Equipment Forecast Market, 2019 - 2022F, 2025F, 2030F, $ Billion
3.2.1. Drivers Of The Market
3.2.2. Restraints On the Market

4. Hearing Aid Devices And Equipment Market Segmentation
4.1. Global Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
  • Receiver-In-The-Ear Hearing Aids Behind-The-Ear Hearing Aids
  • Canal Hearing Aids In-The-Ear (ITE) Hearing Aids
  • Other Hearing Aid Devices
4.2. Global Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
  • Audiology and ENT Clinics Pharmacies
  • Online Sales Others
4.3. Global Hearing Aid Devices And Equipment Market, Segmentation By Technology, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
  • Conventional Hearing Aid Digital Hearing Aid
4.4. Global Hearing Aid Devices And Equipment Market, Segmentation By Patient, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
  • Adult Pediatrics
4.5. Global Hearing Aid Devices And Equipment Market, Segmentation By Type of Hearing Loss, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
  • Conductive Hearing Loss Sensorineural Hearing Loss
5. Hearing Aid Devices And Equipment Market Regional And Country Analysis
5.1. Global Hearing Aid Devices And Equipment Market, Split By Region, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
5.2. Global Hearing Aid Devices And Equipment Market, Split By Country, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

6. Asia-Pacific Hearing Aid Devices And Equipment Market
6.1. Asia-Pacific Hearing Aid Devices And Equipment Market Overview
6.2. Asia-Pacific Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
6.3. Asia-Pacific Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

7. China Hearing Aid Devices And Equipment Market
7.1. China Hearing Aid Devices And Equipment Market Overview
7.2. China Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F,$ Billion
7.3. China Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F,$ Billion

8. India Hearing Aid Devices And Equipment Market
8.1. India Hearing Aid Devices And Equipment Market Overview
8.2. India Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
8.3. India Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

9. Japan Hearing Aid Devices And Equipment Market
9.1. Japan Hearing Aid Devices And Equipment Market Overview
9.2. Japan Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
9.3. Japan Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

10. Australia Hearing Aid Devices And Equipment Market
10.1. Australia Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
10.2. Australia Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

11. Indonesia Hearing Aid Devices And Equipment Market
11.1. Indonesia Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
11.2. Indonesia Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

12. South Korea Hearing Aid Devices And Equipment Market
12.1. South Korea Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
12.2. South Korea Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

13. Western Europe Hearing Aid Devices And Equipment Market
13.1. Western Europe Hearing Aid Devices And Equipment Market Overview
13.2. Western Europe Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
13.3. Western Europe Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

14. UK Hearing Aid Devices And Equipment Market
14.1. UK Hearing Aid Devices And Equipment Market Overview
14.2. UK Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
14.3. UK Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

15. Germany Hearing Aid Devices And Equipment Market
15.1. Germany Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
15.2. Germany Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

16. France Hearing Aid Devices And Equipment Market
16.4. France Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
16.5. France Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

17. Eastern Europe Hearing Aid Devices And Equipment Market
17.1. Eastern Europe Hearing Aid Devices And Equipment Market Overview
17.2. Eastern Europe Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
17.3. Eastern Europe Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

18. Russia Hearing Aid Devices And Equipment Market
18.1. Russia Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
18.2. Russia Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

19. North America Hearing Aid Devices And Equipment Market
19.1. North America Hearing Aid Devices And Equipment Market Overview
19.2. North America Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
19.3. North America Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

20. USA Hearing Aid Devices And Equipment Market
20.1. USA Hearing Aid Devices And Equipment Market Overview
20.2. USA Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
20.3. USA Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

21. South America Hearing Aid Devices And Equipment Market
21.1. South America Hearing Aid Devices And Equipment Market Overview
21.2. South America Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
21.3. South America Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

22. Brazil Hearing Aid Devices And Equipment Market
22.1. Brazil Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
22.2. Brazil Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

23. Middle East Hearing Aid Devices And Equipment Market
23.1. Middle East Hearing Aid Devices And Equipment Market Overview
23.2. Middle East Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
23.3. Middle East Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

24. Africa Hearing Aid Devices And Equipment Market
24.1. Africa Hearing Aid Devices And Equipment Market Overview
24.2. Africa Hearing Aid Devices And Equipment Market, Segmentation By Product, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion
24.3. Africa Hearing Aid Devices And Equipment Market, Segmentation By Distribution Channel, Historic and Forecast, 2015-2019, 2022F, 2025F, 2030F, $ Billion

25. Hearing Aid Devices And Equipment Market Competitive Landscape And Company Profiles
25.1. Hearing Aid Devices And Equipment Market Competitive Landscape
25.2. Hearing Aid Devices And Equipment Market Company Profiles
25.2.1. Starkey
25.2.1.1. Overview
25.2.1.2. Products and Services
25.2.1.3. Strategy
25.2.1.4. Financial Performance
25.2.2. Sonova
25.2.2.1. Overview
25.2.2.2. Products and Services
25.2.2.3. Strategy
25.2.2.4. Financial Performance
25.2.3. Widex
25.2.3.1. Overview
25.2.3.2. Products and Services
25.2.3.3. Strategy
25.2.3.4. Financial Performance
25.2.4. Siemens
25.2.4.1. Overview
25.2.4.2. Products and Services
25.2.4.3. Strategy
25.2.4.4. Financial Performance
25.2.5. GN ReSound
25.2.5.1. Overview
25.2.5.2. Products and Services
25.2.5.3. Strategy
25.2.5.4. Financial Performance

26. Key Mergers And Acquisitions In The Hearing Aid Devices And Equipment Market

27. Hearing Aid Devices And Equipment Market Trends And Strategies

28. Hearing Aid Devices And Equipment Market Future Outlook and Potential Analysis

29. Appendix
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Amplifon
  • GN ReSound
  • Interton
  • Rion
  • Sonova
  • Widex
  • MORE
The hearing aid devices and equipment market consists of sales of hearing aid devices and equipment and related services. Hearing aids are devices and equipment designed and developed to improve hearing of people affected by hearing loss. Hearing aid devices and equipment are classified into hearing aid devices and hearing implants. Hearing aid devices and equipment include: Receiver-in-the-ear hearing aids, behind-the-ear hearing aids, canal hearing aids, in-the-ear (ITE) hearing aids and the hearing implants include: cochlear implants and bone-anchored systems.

The global hearing aid devices and equipment market was valued at about $4 billion in 2018 and is expected to grow to $4.68 billion at a CAGR of 4.0% through 2022.

Growing prevalence of hearing loss is as a major driver for hearing aid devices & equipment market growth. In the United States, more than 35 million children and adults have some degree of hearing loss. Also, around 900 million people across the globe are expected to suffer from hearing disabilities by 2050 due to rise in noise pollution level, genetic factors, ear infections and other complications. High number of people suffering from hearing loss would result in huge demand for hearing aid devices across the globe.

High cost of hearing aid devices is acting as a major restraint in the hearing aid devices and equipment market. Good quality hearing aids come at a high price and are not fully covered by insurance companies. About one-third of Americans above 55 years use hearing aid devices due to various reasons. Hearing aid devices range between $1500 to $3500 per piece, thus making it quite expensive. The average price is $2,300 per unit according to the President’s Council for Science & Technology. Thus due to high cost, there has been low penetration of hearing aid devices in the market.

Use of 3D Printing is a trend that is prevalent in the hearing aid devices & equipment market. The 3D printing is a technology that produces 3D objects from 2D model which enables manufacturing of better fitting, more comfortable and customized hearing aid devices. The 3D printing enables the shape of ear shell to be customized according to customer's individual ear canal and degree of hearing loss. For example Sonova use advanced 3D printing technology to produce customized hearing aid devices especially suited for each customer's specific requirements. Examples of 3D hearing aid devices include EnvisionTEC’s E-Shell 200 Series, E-Shell 300 3D Printer Material series and EnvisionTEC E-Clear series.

As of today, the hearing aids fall under restricted devices category, the sales of these restricted devices must comply with federal and state requirements. The US FDA approach to improve hearing aid accessibility may lead to the availability of these restricted devices as OTC devices. However, according to the FDA Reauthorization Act of 2017 (FDARA), the category of OTC hearing aids needs to be established and no manufacturer can label their devices as OTC until a separate category is established. Thus, the introduction of these innovative and easily accessible OTC hearing aids may impact the growth of hearing aid devices market positively in the forecast period.

Major players in the market are Starkey, Sonova, Widex, Siemens and GN ReSound.
Note: Product cover images may vary from those shown
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  • Starkey
  • Sonova
  • Widex
  • Siemens
  • GN ReSound
  • Oticon
  • Unitron
  • Hansaton
  • William Demant
  • Beltone
  • Interton
  • Cochlear
  • Zound Hearing
  • Amplifon
  • Audina Hearing Instruments Inc
  • Rion
  • WS Audiology
  • Sivantos
  • Med-EI
  • Horentek
Note: Product cover images may vary from those shown
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