
Hearing Aids Market, by Product Type (Hearing Aid Devices (Behind-The-Ear (BTE) Hearing Aids, Receiver-In-Canal (RIC) Hearing Aids, In-The-Ear (ITE) Hearing Aids, In-The-Canal (ITC) Hearing Aids, Completely-In-Canal (CIC) Hearing Aids and Others) and Hear
Description
Hearing Aids Market, by Product Type (Hearing Aid Devices (Behind-The-Ear (BTE) Hearing Aids, Receiver-In-Canal (RIC) Hearing Aids, In-The-Ear (ITE) Hearing Aids, In-The-Canal (ITC) Hearing Aids, Completely-In-Canal (CIC) Hearing Aids and Others) and Hearing Implants (Cochlear Implants and Bone-anchored System)), by Type of Hearing Loss (Conductive Hearing Loss, Sensorineural Hearing Loss, and Mixed Hearing Loss), by Patient Type (Adults and Paediatrics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)- Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
A hearing aid is a battery-powered electrical device that helps hearing-impaired patients hear better. Hearing aids work by amplifying sound in three stages, the microphone absorbs the sound and converts it into a digital signal, the amplifier amplifies the digital signal, and the speaker sends the amplified sound to the ear. A hearing aid amplifies sound waves as they reach the ear. There are different types of hearing aids including behind-the-ear (BTE), in-the-ear (ITE) and in-the-canal (ITC) hearing aids. With behind-the-ear (BTE) hearing aids, most of the parts are contained in a small plastic case that rests behind the ear. In-the-ear (ITE) hearing aids are contained in a shell on the outside of the ear. The basic common features of hearing aids include the presence of a directional microphone, the ‘T-Coil’ setting to cancel out ambient noise for better hearing of the sound picked up by the phone, and Feedback Cancellation (FS).
Market Dynamics
Increasing adoption of organic strategies by key players in market such as new product launches for expansion of their product portfolio with technological advancements is expected to drive market growth over the forecast period. For instance, in June 2022, Beltone, a hearing aid company announced that it had expanded its product line with the launch of the new Beltone Imagine Custom rechargeable hearing aids. The new hearing aids restore natural hearing in a stylish and comfortable ear bud design. The product has advanced features such as Using advanced technology, the hearing aids automatically adapt to different sound environments, putting the user in control even in the noisiest environments. Easily adjust hearing aid sound with the Beltone HearMax app, available for iPhones and iPads or Android smartphones.
Key features of the study:
A hearing aid is a battery-powered electrical device that helps hearing-impaired patients hear better. Hearing aids work by amplifying sound in three stages, the microphone absorbs the sound and converts it into a digital signal, the amplifier amplifies the digital signal, and the speaker sends the amplified sound to the ear. A hearing aid amplifies sound waves as they reach the ear. There are different types of hearing aids including behind-the-ear (BTE), in-the-ear (ITE) and in-the-canal (ITC) hearing aids. With behind-the-ear (BTE) hearing aids, most of the parts are contained in a small plastic case that rests behind the ear. In-the-ear (ITE) hearing aids are contained in a shell on the outside of the ear. The basic common features of hearing aids include the presence of a directional microphone, the ‘T-Coil’ setting to cancel out ambient noise for better hearing of the sound picked up by the phone, and Feedback Cancellation (FS).
Market Dynamics
Increasing adoption of organic strategies by key players in market such as new product launches for expansion of their product portfolio with technological advancements is expected to drive market growth over the forecast period. For instance, in June 2022, Beltone, a hearing aid company announced that it had expanded its product line with the launch of the new Beltone Imagine Custom rechargeable hearing aids. The new hearing aids restore natural hearing in a stylish and comfortable ear bud design. The product has advanced features such as Using advanced technology, the hearing aids automatically adapt to different sound environments, putting the user in control even in the noisiest environments. Easily adjust hearing aid sound with the Beltone HearMax app, available for iPhones and iPads or Android smartphones.
Key features of the study:
- This report provides an in-depth analysis of the global hearing aids market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global hearing aids market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Sonova, Starkey Laboratories, Inc., GN Hearing, Oticon, Demant A/S, Cochlear Ltd., Eargo Inc., WS Audiology A/S, RION Co., Ltd., MED-EL (Medical Electronics), Amplifon S.p.A, Audina Hearing Instruments, Inc., Sonic Innovations, Inc., and Zounds Hearing
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global hearing aids market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hearing aids market
- Global Hearing Aids Market, By Product Type:
- Hearing Aid Devices
- Behind-The-Ear (BTE) Hearing Aids
- Receiver-In-Canal (RIC) Hearing Aids
- In-The-Ear (ITE) Hearing Aids
- In-The-Canal (ITC) Hearing Aids
- Completely-In-Canal (CIC) Hearing Aids
- Others
- Hearing Implants
- Cochlear Implants
- Bone-anchored System
- Global Hearing Aids Market, By Type of Hearing Loss:
- Conductive Hearing Loss
- Sensorineural Hearing Loss
- Mixed Hearing Loss
- Global Hearing Aids Market, By Patient Type:
- Adults
- Pediatrics
- Global Hearing Aids Market, By Region:
- North America
- By Country
- U.S.
- Canada
- Latin America
- By Country
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- By Country
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Country
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Country
- GCC
- Israel
- Rest of Middle East
- Africa
- By Region/Country
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Sonova
- Company Highlights
- Products Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Starkey Laboratories, Inc.
- GN Hearing
- Oticon
- Demant A/S
- Cochlear Ltd.
- Eargo Inc.
- WS Audiology A/S
- RION Co., Ltd.
- MED-EL (Medical Electronics)
- Amplifon S.P.A
- Audina Hearing Instruments Inc.
- Sonic Innovations, Inc.
- Zounds Hearing
Table of Contents
150 Pages
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Product Type
- Market Snapshot, By Type of Hearing Loss
- Market Snapshot, By Patient Type
- Market Snapshot, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Impact Analysis
- Pipeline Analysis
- Regulatory Scenario
- Market Trends
- Key Developments
- Epidemiology
- PEST Analysis
- Brand Analysis
- Acquisitions and Partnerships Scenario
- Type of Hearing Loss Overview
- 4. Global Hearing Aids Market– COVID- Impact of Coronavirus (Covid-19) Pandemic
- Overall Impact
- Impact on Supply and Demand
- COVID-19 Impact on the market
- 5. Global Hearing Aids Market, By Product Type, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Hearing Aid Devices
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Behind-The-Ear (BTE) Hearing Aids
- Receiver-In-Canal (RIC) Hearing Aids
- In-The-Ear (ITE) Hearing Aids
- In-The-Canal (ITC) Hearing Aids
- Completely-In-Canal (CIC) Hearing Aids
- Others
- Hearing Implants
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Cochlear Implants
- Bone-anchored System
- 6. Global Hearing Aids Market, By Type of Hearing Loss, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Conductive Hearing Loss
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Sensorineural Hearing Loss
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Mixed Hearing Loss
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- 7. Global Hearing Aids Market, By Patient Type, 2017 – 2030, (US$ Million)
- Overview
- Market Share Analysis, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Adults
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- Paediatrics
- Overview
- Market Size and Forecast, and Y-o-Y Growth, 2017–2030, (US$ Million)
- 8. Global Hearing Aids Market, By Region, 2017 – 2030, (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- Y-o-Y Growth Analysis, For Regions, 2017–2030
- Regional Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Type of Hearing Loss, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Patient Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Type of Hearing Loss, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Patient Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Type of Hearing Loss, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Patient Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- U.K.
- Germany
- Italy
- France
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Type of Hearing Loss, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Patient Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Type of Hearing Loss, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Patient Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2017 – 2030, (US$ Million)
- GCC
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Type of Hearing Loss, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Patient Type, 2017 - 2030, (US$ Million)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region, 2017 – 2030, (US$ Million)
- North Africa
- Central Africa
- South Africa
- 9. Competitive Landscape
- Sonova
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Starkey Laboratories, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- GN Hearing
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Oticon
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Demant A/S
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Cochlear Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Eargo Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- WS Audiology A/S
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- RION Co.,Ltd.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- MED-EL (Medical Electronics)
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Amplifon S.p.A
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Audina Hearing Instruments, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Sonic Innovations, Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- Zounds Hearing
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Market Strategies
- 10. Section
- Research Methodology
- About Us
- *Browse 28 market data tables and 34 figures on " Hearing Aids Market” - Global forecast to 2030
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