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Canal Hearing Aids Market Research Report by Product, Type of Hearing Loss, Patient Type, State - United States Forecast to 2027 - Cumulative Impact of COVID-19

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    Report

  • 139 Pages
  • October 2022
  • Region: United States
  • 360iResearch™
  • ID: 5122416
UP TO OFF until Dec 31st 2022
The United States Canal Hearing Aids Market size was estimated at USD 364.96 million in 2021, USD 419.56 million in 2022, and is projected to grow at a CAGR of 11.37% to reach USD 696.41 million by 2027.

Market Statistics:

The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:

This research report categorizes the Canal Hearing Aids to forecast the revenues and analyze the trends in each of the following sub-markets:
  • Based on Product, the market was studied across Hearing Aid Devices and Hearing Implants.
  • Based on Type of Hearing Loss, the market was studied across Conductive Hearing Loss and Sensorineural Hearing Loss.
  • Based on Patient Type, the market was studied across Adults and Pediatrics.
  • Based on State, the market was studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas.

Cumulative Impact of COVID-19:

COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. This ongoing research amplifies This research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:

The publisher continuously monitors and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Canal Hearing Aids market considering the current update on the conflict and its global response.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Canal Hearing Aids Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:

The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the United States Canal Hearing Aids Market, including Arphi Electronics, Audina Hearing Instruments, Cochlear, GN Store Nord, Horentek, Microson, Rion, Sebotek Hearing Systems, Sonova, William Demant, and Zounds Hearing.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the United States Canal Hearing Aids Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the United States Canal Hearing Aids Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the United States Canal Hearing Aids Market?
4. What is the competitive strategic window for opportunities in the United States Canal Hearing Aids Market?
5. What are the technology trends and regulatory frameworks in the United States Canal Hearing Aids Market?
6. What is the market share of the leading vendors in the United States Canal Hearing Aids Market?
7. What modes and strategic moves are considered suitable for entering the United States Canal Hearing Aids Market?
Frequently Asked Questions about the U.S. Canal Hearing Aids Market

What is the estimated value of the U.S. Canal Hearing Aids Market?

The U.S. Canal Hearing Aids Market was estimated to be valued at $364.96 Million in 2021.

What is the growth rate of the U.S. Canal Hearing Aids Market?

The growth rate of the U.S. Canal Hearing Aids Market is 11.3%, with an estimated value of $696.41 Million by 2027.

What is the forecasted size of the U.S. Canal Hearing Aids Market?

The U.S. Canal Hearing Aids Market is estimated to be worth $696.41 Million by 2027.

Who are the key companies in the U.S. Canal Hearing Aids Market?

Key companies in the U.S. Canal Hearing Aids Market include Arphi Electronics, Audina Hearing Instruments, Cochlear, GN Store Nord, Horentek, Microson, Rion, Sebotek Hearing Systems and William Demant.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary4. Market Overview
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.2. Restraints
5.1.3. Opportunities
5.1.4. Challenges
5.2. Cumulative Impact of COVID-19
6. Canal Hearing Aids Market, by Product
6.1. Introduction
6.2. Hearing Aid Devices
6.3. Hearing Implants
7. Canal Hearing Aids Market, by Type of Hearing Loss
7.1. Introduction
7.2. Conductive Hearing Loss
7.3. Sensorineural Hearing Loss
8. Canal Hearing Aids Market, by Patient Type
8.1. Introduction
8.2. Adults
8.3. Pediatrics
9. California Canal Hearing Aids Market
9.1. Introduction
10. Florida Canal Hearing Aids Market
10.1. Introduction
11. Illinois Canal Hearing Aids Market
11.1. Introduction
12. New York Canal Hearing Aids Market
12.1. Introduction
13. Ohio Canal Hearing Aids Market
13.1. Introduction
14. Pennsylvania Canal Hearing Aids Market
14.1. Introduction
15. Texas Canal Hearing Aids Market
15.1. Introduction
16. Competitive Landscape
16.1. FPNV Positioning Matrix
16.1.1. Quadrants
16.1.2. Business Strategy
16.1.3. Product Satisfaction
16.2. Market Ranking Analysis, By Key Player
16.3. Market Share Analysis, By Key Player
16.4. Competitive Scenario
16.4.1. Merger & Acquisition
16.4.2. Agreement, Collaboration, & Partnership
16.4.3. New Product Launch & Enhancement
16.4.4. Investment & Funding
16.4.5. Award, Recognition, & Expansion
17. Company Usability Profiles
17.1. Arphi Electronics
17.1.1. Business Overview
17.1.2. Key Executives
17.1.3. Product & Services
17.2. Audina Hearing Instruments
17.2.1. Business Overview
17.2.2. Key Executives
17.2.3. Product & Services
17.3. Cochlear
17.3.1. Business Overview
17.3.2. Key Executives
17.3.3. Product & Services
17.4. GN Store Nord
17.4.1. Business Overview
17.4.2. Key Executives
17.4.3. Product & Services
17.5. Horentek
17.5.1. Business Overview
17.5.2. Key Executives
17.5.3. Product & Services
17.6. Microson
17.6.1. Business Overview
17.6.2. Key Executives
17.6.3. Product & Services
17.7. Rion
17.7.1. Business Overview
17.7.2. Key Executives
17.7.3. Product & Services
17.8. Sebotek Hearing Systems
17.8.1. Business Overview
17.8.2. Key Executives
17.8.3. Product & Services
17.9. Sonova
17.9.1. Business Overview
17.9.2. Key Executives
17.9.3. Product & Services
17.10. William Demant
17.10.1. Business Overview
17.10.2. Key Executives
17.10.3. Product & Services
17.11. Zounds Hearing
17.11.1. Business Overview
17.11.2. Key Executives
17.11.3. Product & Services
18. Appendix
18.1. Discussion Guide
18.2. License & Pricing
List of Figures
FIGURE 1. UNITED STATES CANAL HEARING AIDS MARKET: RESEARCH PROCESS
FIGURE 2. UNITED STATES CANAL HEARING AIDS MARKET SIZE, 2021 VS 2027
FIGURE 3. UNITED STATES CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 4. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY STATE, 2021 VS 2027 (%)
FIGURE 5. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY STATE, 2021 VS 2027 (USD MILLION)
FIGURE 6. UNITED STATES CANAL HEARING AIDS MARKET COMPETITIVE STRATEGIC WINDOW, BY STATE, 2027
FIGURE 7. UNITED STATES CANAL HEARING AIDS MARKET DYNAMICS
FIGURE 8. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY PRODUCT, 2021 VS 2027 (%)
FIGURE 9. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY PRODUCT, 2021 VS 2027 (USD MILLION)
FIGURE 10. UNITED STATES CANAL HEARING AIDS MARKET COMPETITIVE STRATEGIC WINDOW, BY PRODUCT, 2027
FIGURE 11. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY HEARING AID DEVICES, 2018-2027 (USD MILLION)
FIGURE 12. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY HEARING IMPLANTS, 2018-2027 (USD MILLION)
FIGURE 13. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY TYPE OF HEARING LOSS, 2021 VS 2027 (%)
FIGURE 14. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY TYPE OF HEARING LOSS, 2021 VS 2027 (USD MILLION)
FIGURE 15. UNITED STATES CANAL HEARING AIDS MARKET COMPETITIVE STRATEGIC WINDOW, BY TYPE OF HEARING LOSS, 2027
FIGURE 16. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY CONDUCTIVE HEARING LOSS, 2018-2027 (USD MILLION)
FIGURE 17. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY SENSORINEURAL HEARING LOSS, 2018-2027 (USD MILLION)
FIGURE 18. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY PATIENT TYPE, 2021 VS 2027 (%)
FIGURE 19. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY PATIENT TYPE, 2021 VS 2027 (USD MILLION)
FIGURE 20. UNITED STATES CANAL HEARING AIDS MARKET COMPETITIVE STRATEGIC WINDOW, BY PATIENT TYPE, 2027
FIGURE 21. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY ADULTS, 2018-2027 (USD MILLION)
FIGURE 22. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY PEDIATRICS, 2018-2027 (USD MILLION)
FIGURE 23. CALIFORNIA CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 24. FLORIDA CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 25. ILLINOIS CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 26. NEW YORK CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 27. OHIO CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 28. PENNSYLVANIA CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 29. TEXAS CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
FIGURE 30. UNITED STATES CANAL HEARING AIDS MARKET: FPNV POSITIONING MATRIX, 2021
FIGURE 31. UNITED STATES CANAL HEARING AIDS MARKET SHARE, BY KEY PLAYER, 2021
FIGURE 32. UNITED STATES CANAL HEARING AIDS MARKET COMPETITIVE SCENARIO, BY KEY TYPE, 2021
List of Tables
TABLE 1. UNITED STATES CANAL HEARING AIDS MARKET SEGMENTATION & COVERAGE
TABLE 2. UNITED STATES DOLLAR EXCHANGE RATE, 2018-2021
TABLE 3. UNITED STATES CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 4. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY STATE, 2018-2027 (USD MILLION)
TABLE 5. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY PRODUCT, 2018-2027 (USD MILLION)
TABLE 6. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY HEARING AID DEVICES, 2018-2027 (USD MILLION)
TABLE 7. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY HEARING AID DEVICES, BY STATE, 2018-2027 (USD MILLION)
TABLE 8. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY HEARING IMPLANTS, 2018-2027 (USD MILLION)
TABLE 9. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY HEARING IMPLANTS, BY STATE, 2018-2027 (USD MILLION)
TABLE 10. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY TYPE OF HEARING LOSS, 2018-2027 (USD MILLION)
TABLE 11. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY CONDUCTIVE HEARING LOSS, 2018-2027 (USD MILLION)
TABLE 12. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY CONDUCTIVE HEARING LOSS, BY STATE, 2018-2027 (USD MILLION)
TABLE 13. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY SENSORINEURAL HEARING LOSS, 2018-2027 (USD MILLION)
TABLE 14. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY SENSORINEURAL HEARING LOSS, BY STATE, 2018-2027 (USD MILLION)
TABLE 15. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY PATIENT TYPE, 2018-2027 (USD MILLION)
TABLE 16. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY ADULTS, 2018-2027 (USD MILLION)
TABLE 17. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY ADULTS, BY STATE, 2018-2027 (USD MILLION)
TABLE 18. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY PEDIATRICS, 2018-2027 (USD MILLION)
TABLE 19. UNITED STATES CANAL HEARING AIDS MARKET SIZE, BY PEDIATRICS, BY STATE, 2018-2027 (USD MILLION)
TABLE 20. CALIFORNIA CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 21. CALIFORNIA CANAL HEARING AIDS MARKET SIZE, BY PRODUCT, 2018-2027 (USD MILLION)
TABLE 22. CALIFORNIA CANAL HEARING AIDS MARKET SIZE, BY TYPE OF HEARING LOSS, 2018-2027 (USD MILLION)
TABLE 23. CALIFORNIA CANAL HEARING AIDS MARKET SIZE, BY PATIENT TYPE, 2018-2027 (USD MILLION)
TABLE 24. FLORIDA CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 25. FLORIDA CANAL HEARING AIDS MARKET SIZE, BY PRODUCT, 2018-2027 (USD MILLION)
TABLE 26. FLORIDA CANAL HEARING AIDS MARKET SIZE, BY TYPE OF HEARING LOSS, 2018-2027 (USD MILLION)
TABLE 27. FLORIDA CANAL HEARING AIDS MARKET SIZE, BY PATIENT TYPE, 2018-2027 (USD MILLION)
TABLE 28. ILLINOIS CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 29. ILLINOIS CANAL HEARING AIDS MARKET SIZE, BY PRODUCT, 2018-2027 (USD MILLION)
TABLE 30. ILLINOIS CANAL HEARING AIDS MARKET SIZE, BY TYPE OF HEARING LOSS, 2018-2027 (USD MILLION)
TABLE 31. ILLINOIS CANAL HEARING AIDS MARKET SIZE, BY PATIENT TYPE, 2018-2027 (USD MILLION)
TABLE 32. NEW YORK CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 33. NEW YORK CANAL HEARING AIDS MARKET SIZE, BY PRODUCT, 2018-2027 (USD MILLION)
TABLE 34. NEW YORK CANAL HEARING AIDS MARKET SIZE, BY TYPE OF HEARING LOSS, 2018-2027 (USD MILLION)
TABLE 35. NEW YORK CANAL HEARING AIDS MARKET SIZE, BY PATIENT TYPE, 2018-2027 (USD MILLION)
TABLE 36. OHIO CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 37. OHIO CANAL HEARING AIDS MARKET SIZE, BY PRODUCT, 2018-2027 (USD MILLION)
TABLE 38. OHIO CANAL HEARING AIDS MARKET SIZE, BY TYPE OF HEARING LOSS, 2018-2027 (USD MILLION)
TABLE 39. OHIO CANAL HEARING AIDS MARKET SIZE, BY PATIENT TYPE, 2018-2027 (USD MILLION)
TABLE 40. PENNSYLVANIA CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 41. PENNSYLVANIA CANAL HEARING AIDS MARKET SIZE, BY PRODUCT, 2018-2027 (USD MILLION)
TABLE 42. PENNSYLVANIA CANAL HEARING AIDS MARKET SIZE, BY TYPE OF HEARING LOSS, 2018-2027 (USD MILLION)
TABLE 43. PENNSYLVANIA CANAL HEARING AIDS MARKET SIZE, BY PATIENT TYPE, 2018-2027 (USD MILLION)
TABLE 44. TEXAS CANAL HEARING AIDS MARKET SIZE, 2018-2027 (USD MILLION)
TABLE 45. TEXAS CANAL HEARING AIDS MARKET SIZE, BY PRODUCT, 2018-2027 (USD MILLION)
TABLE 46. TEXAS CANAL HEARING AIDS MARKET SIZE, BY TYPE OF HEARING LOSS, 2018-2027 (USD MILLION)
TABLE 47. TEXAS CANAL HEARING AIDS MARKET SIZE, BY PATIENT TYPE, 2018-2027 (USD MILLION)
TABLE 48. UNITED STATES CANAL HEARING AIDS MARKET: FPNV POSITIONING MATRIX - SCORES, 2021
TABLE 49. UNITED STATES CANAL HEARING AIDS MARKET: FPNV POSITIONING MATRIX - BUSINESS STRATEGY, 2021
TABLE 50. UNITED STATES CANAL HEARING AIDS MARKET: FPNV POSITIONING MATRIX - PRODUCT SATISFACTION, 2021
TABLE 51. UNITED STATES CANAL HEARING AIDS MARKET RANKING, BY KEY PLAYER, 2021
TABLE 52. UNITED STATES CANAL HEARING AIDS MARKET SHARE, BY KEY PLAYER, 2021
TABLE 53. UNITED STATES CANAL HEARING AIDS MARKET MERGER & ACQUISITION
TABLE 54. UNITED STATES CANAL HEARING AIDS MARKET AGREEMENT, COLLABORATION, & PARTNERSHIP
TABLE 55. UNITED STATES CANAL HEARING AIDS MARKET NEW PRODUCT LAUNCH & ENHANCEMENT
TABLE 56. UNITED STATES CANAL HEARING AIDS MARKET INVESTMENT & FUNDING
TABLE 57. UNITED STATES CANAL HEARING AIDS MARKET AWARD, RECOGNITION, & EXPANSION
TABLE 58. UNITED STATES CANAL HEARING AIDS MARKET: LICENSE & PRICING

Companies Mentioned

  • Arphi Electronics
  • Audina Hearing Instruments
  • Cochlear
  • GN Store Nord
  • Horentek
  • Microson
  • Rion
  • Sebotek Hearing Systems
  • Sonova
  • William Demant
  • Zounds Hearing

Methodology

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