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Global Hearing Aid Market: Industry Analysis & Outlook (2017-2021)

Global Hearing Aid Market: Industry Analysis & Outlook (2017-2021)

Hearing loss, also known as hearing impairment, is a medical condition in which a person becomes partially or totally unable to hear sounds. It can occur in both or one ear of a person and can be temporary or permanent. Normal hearing ability of a person ranges from 0 dB to 20 dB in all frequencies but when a person is suffering from hearing loss, the range of hearing varies from 16 dB to more than 90 dB.

Hearing aid, also known as deaf aid, is a device used for improving the hearing capability of person suffering with hearing loss. It is a small sound amplifying electronic device which is placed around or inside the ear of the user. It is the most common treatment for hearing loss and consists of three components that include microphone, amplifier and speaker. Microphone converts the received sound waves into electronic signals and then transmits these electric signals to the amplifier. Once the amplifier receives the signals, it intensifies these signals and sends them to the speaker which converts these electric signals into audible acoustic waves.

EMEA region is a major contributor to the global hearing aid market, supported by increased cases of hearing disorders. North America is likely to experience further growth of hearing aid market with increasing awareness and adoption of hearing aids among people and rising technological advancements.

The global market is expected to grow in future due to rising prevalence of hearing loss, increasing ageing population and life expectancy, rising disposable income and healthcare expenditure. Key trends of this market include increasing usage of headphones, growing adoption of hearing aids and binaural fittings. However, there are some factors which can hinder growth of the market including decreasing average selling price of hearing aid and lack of hearing health professional.

The report “Global Hearing Aid Market: Industry Analysis & Outlook (2017-2021)” by Koncept Analytics provides an extensive research and detailed analysis of the present market along with future outlook. The report discusses the major growth drivers and challenges of the market, covering North America, EMEA and APAC along with the global market. The report profiles the key players of the market including Sonova, GN Store Nord, William Demant and Amplifon.


1. Overview
1.1 Hearing Loss
Table 1: Degree of Hearing Loss
Table 2: Types of Hearing Loss
1.2 Hearing Aid
Table 3: Types of Hearing Aid
2. Global Market
2.1 Global Hearing Aid Market Forecast by Value
Table 4: Global Hearing Aid Market Forecast by Value (2016-2021)
2.2 Global Hearing Aid Market by Type
Table 5: Global Hearing Aid Market by Type (2016/2021)
2.3 Global Hearing Aid Penetration Rate by Countries
Table 6: Global Hearing Aid Penetration Rate by Countries (2016)
2.4 Global Hearing Aid Market by Volume
Table 7: Global Hearing Aid Market by Volume (2012-2016)
2.5 Global Hearing Aid Market Forecast by Volume
Table 8: Global Hearing Aid Market by Volume (2012-2016)
2.6 Global Hearing Aid Market Volume by Region
Table 9: Global Hearing Aid Market Volume by Region (2016)
2.7 Global Cochlear Implants Market Forecast by Value
Table 10: Global Cochlear Implant Market Forecast by Value (2016-2021)
2.8 Global Cochlear Implants Market Forecast by Volume
Table 11: Global Cochlear Implant Market Forecast by Volume (2016-2021)
3. Regional Markets
3.1 EMEA
3.1.1 EMEA Hearing Aid Market by Volume
Table 12: EMEA Hearing Aid Market by Volume (2012-2016)
3.1.2 EMEA Hearing Aid Market Forecast by Volume
Table 13: EMEA Hearing Aid Market Forecast by Volume (2017-2021)
3.1.3 UK Hearing Aid Market Forecast by Volume
Table 14: UK Hearing Aid Market Forecast by Volume (2016-2021)
3.1.4 Germany Hearing Aid Market Forecast by Volume
Table 15: Germany Hearing Aid Market Forecast by Volume (2016-2021)
3.1.5 France Hearing Aid Market Forecast by Volume
Table 16: France Hearing Aid Market Forecast by Volume (2016-2021)
3.2 North America
3.2.1 North America Hearing Aid Market by Volume
Table 17: North America Hearing Aid Market by Volume (2012-2016)
3.2.2 North America Hearing Aid Market Forecast by Volume
Table 18: North America Hearing Aid Market Forecast by Volume (2017-2021)
3.2.3 The U.S. Hearing Aid Market Forecast by Volume
Table 19: The U.S. Hearing Aid Market Forecast by Volume (2016-2021)
3.2.4 The U.S. Hearing Aid Market Volume by Segment
Table 20: The U.S. Hearing Aid Market Volume by Segment (2016)
3.2.5 The U.S. Hearing Aid Market Volume by Type
Table 21: The U.S. Hearing Aid Market Volume by Type (2016)
3.3 APAC
3.3.1 APAC Hearing Aid Market Volume
Table 22: APAC Hearing Aid Market by Volume (2012-2016)
3.3.2 APAC Hearing Aid Market Forecast by Volume
Table 23: APAC Hearing Aid Market Forecast by Volume (2017-2021)
4. Market Dynamics
4.1 Growth Drivers
4.1.1 Rising Prevalence of Hearing Loss
4.1.2 Increasing Healthcare Expenditure
Table 24: Global Healthcare Expenditure Per Capita (2012-2016)
4.1.3 Increasing Ageing Population Table 25: Global Ageing Population (2012-2016)
4.1.4 Increasing Life Expectancy
Table 26: Global Life Expectancy at Birth (2012-2016)
4.1.5 Increasing Disposable Income
Table 27: Global GNI per Capita (2012-2016)
4.2 Key Trends & Developments
4.2.1 Increasing Usage of Headphones
Table 28: Global Headphones Market Volume (2014-2016)
4.2.2 Mergers and Acquisitions
Table 29: Mergers & Acquisitions (2016)
4.2.3 Rising Adoption of Hearing Aids
Table 30: Global Hearing Aid Adoption Rate Forecast (2016/2021)
4.2.4 Increasing Binaural Fittings
4.3 Challenges
4.3.1 Decreasing Average Selling Price (ASP) of Hearing Aids
Table 31: Global Average Selling Price of Hearing Aids Forecast (2016-2021)
4.3.2 Lack of Hearing Health Professionals
5. Competitive Landscape
5.1 Global Market
5.1.1 Global Hearing Aid Market Share by Company
Table 32: Global Hearing Aid Market Share by Company (2016)
5.1.2 Global Hearing Aids Wholesale Market Share by Company
Table 33: Global Hearing Aid Wholesale Market Share by Company (2016)
5.2 The U.S.
5.2.1 The U.S. Hearing Aid Market Share by Company
Table 34: The U.S. Hearing Aid Market Share by Company (2016)
5.2.2 The U.S. Private Hearing Aid Market Share by Company
Table 35: The U.S. Private Hearing Aid Market Share by Company (2016)
6. Company Profiles
6.1 Sonova
6.1.1 Business Overview
Table 36: Sonova Sales by Segment (2016*)
6.1.2 Financial Overview
Table 37: Sonova Sales and Net Profit (2012-2016)
6.1.3 Business Strategies
Table 38: Sonova R&D Expenditure (2014-2016)
6.2 William Demant
6.2.1 Business Overview
Table 39: William Demant Revenue by Segment (2016)
6.2.2 Financial Overview
Table 40: William Demant Revenue and Profit (2012-2016)
6.2.3 Business Strategies
Table 41: William Demant R&D Expenditure (2014-2016)
6.3 GN Store Nord
6.3.1 Business Overview
Table 42: GN Store Nord Revenue by Segment (2016)
6.3.2 Financial Overview
Table 43: GN Store Nord Revenue and Profit (2012-2016)
6.3.3 Business Strategies
6.4 Amplifon
6.4.1 Business Overview
Table 44: Amplifon Revenue by Region (2016)
6.4.2 Financial Overview
Table 45: Amplifon Revenue and Net Profit (2012-2016)
6.4.3 Business Strategies

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