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Global Bone Anchored Hearing Aids Market 2016-2020

Global Bone Anchored Hearing Aids Market 2016-2020

About Bone-anchored Hearing Aids

Hearing aid amplifies the sound volume and improves sound perception to support people with hearing impairment but does not restore the normal functioning of the ear. The device has three basic components: microphone, amplifier, and speaker. The microphone of a hearing aid receives and converts sound waves into electrical signals. An amplifier increases the power of these signals and sends them to the ear through a speaker.

Factors such as sound quality, less expensive than its alternative (cochlear implant), low maintenance cost, better comfort, and reduced ear infection will encourage customers to opt bone-anchored hearing aids over other hearing aids available in the market.

Technavio’s analysts forecast the global bone-anchored hearing aids market to grow at a CAGR of 14.01% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global bone-anchored hearing aids market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of stand-alone bone-anchored hearing aids globally.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Bone-anchored Hearing Aids Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Cochlear
  • MED-EL
  • William Demant
Other prominent vendors
  • GN Store Nord
  • Sonitus Medical
  • Sophono
Market driver
  • Increase in demand for aesthetic hearing aids
  • For a full, detailed list, view our report
Market challenge
  • Complications/risks associated with bone-anchored hearing aids
  • For a full, detailed list, view our report
Market trend
  • Introduction of wireless bone-anchored hearing aids
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Bone Anchored Hearing Aids Market 2016-2020

Technavio recognizes the following companies as the key players in the global bone anchored hearing aids market: Cochlear, MED-EL, and William Demant.

Other Prominent Vendors in the market are: GN Store Nord, Sonitus Medical, and Sophono.

Commenting on the report, an analyst from Technavio’s team said: “Introduction of wireless bone-anchored hearing aids is a key trend spurring the growth of this market. The major vendors in the market constantly focus on providing hearing aids with better noise reduction quality and ease of use. They are innovating new products that improve and amplify sound waves with natural 3D sound quality, and provide a high degree of intellectual property rights (IPR) protection. Oticon Medical streamer Ponto Plus sound processor can transmit most audio sources wirelessly to individual cell phone and can be used as a wireless headset. The built in telecoil gives access to loop the system in theatres, public places, and lecture halls without having a telecoil directly attached to the sound processor. Hence, the advent of new innovative devices in terms of reliability, technology, and safety is expected to boost the growth of the market during the forecast period.”

According to the report, the increase in demand for aesthetic hearing aids is one of the primary drivers contributing to this market’s growth. People with hearing loss can select from the analog or digital hearing aids present in the market. Hearing aids are cosmetic and invisible in appearance and provide comfort and satisfaction to individuals. In addition, advances in technology have led to better sound quality of the devices with higher frequencies and transmission of sound waves directly to the brain with the same hearing threshold frequency. Cosmetic hearing aids, also known as canal hearing aids, are quite small and are available in different designs with special features.

Further, the report states that the complications and risks associated with bone-anchored hearing aids is a major challenge this market is facing. The complication and risks associated with bone-anchored hearing devices faced many clinical issues as the data was not supported or recommended according to the regulatory needs. Although much of audiometric results were studied the average dynamic range remained a criterion due to increased sensitivity in positioning of the bone-anchored hearing aid. The primary challenge regardless of design and comfort is the sufficient power supply from the batteries. The skin related drawbacks include the loss of osseointegration and thickness. The conventional bone anchored hearing aid consists of a transducer and an amplifier that is attached to the spectacle frame, this will create discomfort causing constant pressure from the transducer and cause poor sound quality at higher frequencies. These problems are mostly seen in children as they have playful environment and are unable to maintain the hearing aid.

Companies Mentioned

Cochlear, MED-EL, William Demant, GN Store Nord, Sonitus Medical, Sophono.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Global revenue split of different types of hearing devices 2015
      • Table List of top vendors in global hearing devices market 2015
  • Hearing healthcare industry: An overview
    • Background
      • Table Hearing types and solutions
      • Table Degree of hearing loss and range 2014
      • Table Degree of hearing loss
  • Global hearing aids market
    • Market overview
      • Table Global hearing devices market by product type 2015 (%)
      • Table Opportunities for global hearing aids market
  • Bone-anchored hearing aids: An overview
    • Definition
      • Table Protocol for individuals who are eligible for bone-anchored hearing aids
    • Comparison between cochlear implants and bone-anchored hearing aids
      • Table Comparison between bone-anchored hearing aids and cochlear implant
  • Bone-anchored hearing aids: Cost and reimbursement scenario
    • Introduction
      • Table Average cost of products 2015
      • Table Cost component breakdown 2015
    • Reimbursement scenario
      • Table Reimbursement codes for bone-anchored hearing aids in US
      • Table Classification of reimbursement programs in US
      • Table Reimbursement scenario in other countries for bone-anchored hearing aids
  • Market landscape
    • Market overview
      • Table Key takeaways: Global bone-anchored hearing aids market
    • Market size and forecast
      • Table Global bone-anchored hearing aids market 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Geographical segmentation
    • Table Overview of geographical segmentation of global bone-anchored hearing aids market 2015-2020
    • Table Global bone-anchored hearing aids market by geography 2015
    • Table Global bone-anchored hearing aids market segmentation by geography 2020
    • Bone-anchored hearing aids market in EMEA
      • Table Bone-anchored hearing aids market in EMEA 2015-2020 ($ millions)
    • Bone-anchored hearing aids market in Americas
      • Table Bone-anchored hearing aids market in Americas 2015-2020 ($ millions)
    • Bone-anchored hearing aids market in APAC
      • Table Bone-anchored hearing aids market in APAC 2015-2020 ($ millions)
      • Table Global bone-anchored hearing aids market by geography 2015-2020 in ($ millions)
      • Table Global bone-anchored hearing aids market by geography 2015-2020 in (%)
  • Key leading countries
  • Market drivers
    • Increase in prevalence of hearing loss in children and older population
    • Increasing product customization
    • Increase in demand for aesthetic hearing aids
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Complications/risks associated with bone-anchored hearing aids
    • High cost of bone-anchored hearing aids
    • Lack of consumer awareness
    • Presence of alternative hearing devices for bone-anchored hearing aids
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Technological advances in hearing-aid devices
    • High growth potential in emerging markets
    • Introduction of wireless bone-anchored hearing aids
  • Vendor landscape
    • Competitive scenario
      • Table Regional analysis of key vendors
    • Market share analysis 2015
      • Table Market share analysis of top vendors in global bone-anchored hearing aids market 2015
  • Key vendor analysis
    • Cochlear
      • Table Cochlear: Product segmentation
      • Table Cochlear: Bone anchored and acoustic implants segment by revenue 2013-2015 ($ millions)
      • Table Cochlear: Metric analysis
    • MED-EL
      • Table MED-EL: Metrics analysis
    • William Demant
      • Table William Demant: Product segments
      • Table William Demant: Metrics analysis
    • Other prominent vendors
      • Table Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

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