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UAE Hearing Aid Devices Market, By Type (Hearing Aids v/s Hearing Implants), By Type of Hearing Loss (Sensorineural v/s Conductive), By Product Type, By Technology Type, By Patient Type, By Distribution Channel, By Region, Competition Forecast & Opportunities, 2027

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    Report

  • 72 Pages
  • January 2023
  • Region: United Arab Emirates
  • TechSci Research
  • ID: 5743341
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UAE Hearing Aid Devices Market is Anticipated to Register Growth with an Impressive CAGR in the Forecast Period, 2023-2027, on the Account of Growing Demand for Hearing Implants.

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UAE hearing aid devices market is anticipated to register growth with an impressive CAGR in the forecast period, 2023-2027, on the account of growing demand for hearing implants. The rising geriatric population of the country with weaker hearing capabilities further drives the growth of the UAE hearing aid devices market in the upcoming five years. Growing genetic diseases among newborn children, that are born with hearing impairment are also one of the major drivers supporting the surging demands for hearing aid devices and thus supporting the growth of the UAE hearing aid devices market in the next five years.

Hearing aid devices are minuscule medical devices and equipment that are used to enhance the hearing capabilities of humans. These electronic devices are either wear-in or placed behind the ear, which can change the frequency of the incoming sound and make it audible for the patient wearing it. In most cases, the patient is from a geriatric section of society. In older age, over 60-65 years mostly suffer from hearing loss. The geriatric population suffers from weaker senses and weak physical attributes of the body thus the loss of hearing among the geriatric population is much higher and thus expedites the use of hearing aid devices that reflects the growing market in any geography.

Growing Prevalence of Hearing Loss Expedites Market Growth

Rapidly increasing instances of hearing loss in the population of United Arab Emirates population is a major factor driving the growth of the UAE hearing aid devices market in the upcoming five years. Recent years have seen hearing loss cases in all ages, be it newborns, young adults, or the geriatric population. Rising rates of prenatal hearing implants, and growing demand for hearing aids for young adults, who are suffering from hearing impairment due to their reckless habits of loud headphone usage, heavy sound systems, and prolonged usage, also facilitate the growth of the UAE hearing aid devices market in the next five years.

Government Supports Healthcare Industry Expansion

Following the schemes of Vision 2030, investment plans and healthcare industrial growth are some of the major prospects of the scheme. The government is spending lavishly on importing medical devices, equipment, tools, technology, and techniques for patient care and healthcare advancement in the country. Rising expenses by consumers over better patient care and advanced technology of healthcare also substantiate the growth of the UAE hearing aid devices market in the next five years. UAE government spent 4.27% of its GDP on healthcare in the year 2019 whereas outpatient healthcare expenses were over USD7.41 billion in the year 2020.

Market Segmentation

The UAE hearing aid devices market is segmented by type, type of hearing loss, product type, technology type, patient type, distribution channel, competitional landscape, and regional distribution. Based on type, the market is further fragmented into hearing aids and hearing implants. By type of hearing loss, the market is differentiated between sensorineural and conductive. Based on product type, the market is fragmented into wired and wireless. By technology type, the market is divided between digital and analog. Based on patient type, the market is bifurcated into adult and pediatric. By distribution channel, the market is discussed among online and offline channels. The market analysis also studies the regional segmentation to devise regional market segmentation, divided among Abu Dhabi, Sharjah, Dubai, and the rest of UAE.

Company Profile

Digital Ears Trading LLC, Beurer UAE, Widex UAE, Houri Hearing UAE, Cochlear Middle East FZ-LLC, GN Store Nord UAE, and Starkey Hearing Technologies, LLC, among others is a partial list of major market players of the companies responsible for the growth of UAE hearing aid devices market.

Report Scope:

In this report, UAE hearing aid devices market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

UAE Hearing Aid Devices Market, By Type:

  • Hearing Aids
  • Hearing Implants

UAE Hearing Aid Devices Market, By Type of Hearing Loss:

  • Sensorineural
  • Conductive

UAE Hearing Aid Devices Market, By Product Type:

  • Wired
  • Wireless

UAE Hearing Aid Devices Market, By Technology Type:

  • Digital
  • Analog

UAE Hearing Aid Devices Market, By Patient Type:

  • Adult
  • Pediatric

UAE Hearing Aid Devices Market, By Distribution Channel:

  • Online
  • Offline

UAE Hearing Aid Devices Market, By Region:

  • Abu Dhabi
  • Sharjah
  • Dubai
  • Rest of UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in UAE hearing aid devices market.

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Table of Contents

1. Product Overview2. Research Methodology3. Impact of COVID-19 on UAE Hearing Aid Devices Market4. Voice of Customer5. Executive Summary
6. UAE Hearing Aid Devices Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Type (Hearing Aids v/s Hearing Implants)
6.2.2. By Type of Hearing Loss (Sensorineural v/s Conductive)
6.2.3. By Product Type (Wired v/s Wireless)
6.2.4. By Technology Type (Digital v/s Analog)
6.2.5. By Patient Type (Adult v/s Pediatric)
6.2.6. By Distribution Channel (Online v/s Offline)
6.2.7. By Company (2021)
6.2.8. By Region
6.3. Product Market Map
7. UAE Hearing Aids Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Type (Prescription v/s Over The Counter)
7.2.2. By Type of Hearing Loss
7.2.3. By Product Type
7.2.4. By Technology Type
7.2.5. By Patient Type
7.2.6. By Distribution Channel
8. UAE Hearing Implants Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value & Volume
8.2. Market Share & Forecast
8.2.1. By Type of Hearing Loss
8.2.2. By Product Type
8.2.3. By Technology Type
8.2.4. By Patient Type
8.2.5. By Distribution Channel
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends & Developments11. Policy & Regulatory Landscape12. UAE Economic Profile
13. Competitive Landscape
13.1. Digital Ears Trading LLC
13.2. Beurer UAE
13.3. Widex UAE
13.4. Houri Hearing UAE
13.5. Cochlear Middle East FZ-LLC
13.6. GN Store Nord UAE
13.7. Starkey Hearing Technologies, LLC
14. Strategic Recommendations

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Digital Ears Trading LLC
  • Beurer UAE
  • Widex UAE
  • Houri Hearing UAE
  • Cochlear Middle East FZ-LLC
  • GN Store Nord UAE
  • Starkey Hearing Technologies, LLC