Market Overview:
The global Hearing Aids Market was valued at USD 6.34 billion in 2016 and is projected to reach USD 11.53 billion by 2025, growing at a CAGR of 6.87% from 2017 to 2025.
A hearing aid is a device designed to improve hearing by making sound audible to a person with hearing loss. Hearing aids are classified as medical devices in most countries, and regulated by the respective regulations.
Sample Infographics:
Market Dynamics:
1. Market Drivers
1.1 Increasing Geriatric Population
1.2 Growing cases of hearing loss
1.3 Technological developments in hearing aid technology
2. Market Restraints
2.1 Low Penetration of Hearing Aids Owing to Their High Cost and Low Awareness
Market Segmentation:
1. Global Hearing Aids Market, by Type of hearing loss:
1.1 Sensorineural Hearing Loss
1.2 Conductive Hearing Loss
2. Global Hearing Aids Market, by Type:
2.1 Adults
2.2 Pediatrics
3. Global Hearing Aids Market, by Extraction Product:
3.1 Hearing Aid Devices
3.2 Receiver-In-The-Ear (RITE) Hearing Aids
3.3 Behind-The-Ear (BTE) Hearing Aids
3.4 Canal Hearing Aids
3.5 In-The-Ear (ITE) Hearing Aids
3.6 Other Hearing Aid Devices
3.7 Hearing Implants
3.8 Cochlear Implants
3.9 Bone-Anchored Systems
4. Global Hearing Aids Market, by Region:
4.1 North America (U.S., Canada, Mexico)
4.2 Europe (Germany, UK, France, Rest of Europe)
4.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
4.4 Latin America (Brazil, Argentina, Rest of Latin America)
4.5 Middle East & Africa
Competitive Landscape:
The major players in the market are as follows:
1. Sonova
2. William Demant
3. Gn Store Nord
4. Cochlear
5. Sivantos
6. Starkey
7. Widex
8. Med-El
9. Zounds Hearing
10. Sebotek Hearing Systems
11. Audina Hearing Instruments
12. Rion
13. Horentek
14. Microson
15. Arphi Electronics
These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Hearing Aids Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.
1 INTRODUCTION OF GLOBAL HEARING AIDS MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL HEARING AIDS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework
5 GLOBAL HEARING AIDS MARKET, BY TYPE OF HEARING LOSS
5.1 Overview
5.2 Sensorineural Hearing Loss
5.3 Conductive Hearing Loss
6 GLOBAL HEARING AIDS MARKET, BY PATIENT TYPE
6.1 Overview
6.2 Adults
6.3 Pediatrics
7 GLOBAL HEARING AIDS MARKET, BY EXTRACTION PRODUCT
7.1 Overview
7.2 Hearing Aid Devices
7.3 Receiver-In-The-Ear (RITE) Hearing Aids
7.4 Behind-The-Ear (BTE) Hearing Aids
7.5 Canal Hearing Aids
7.6 In-The-Ear (ITE) Hearing Aids
7.7 Other Hearing Aid Devices
7.8 Hearing Implants
7.9 Cochlear Implants
7.10 Bone-Anchored Systems
8 GLOBAL HEARING AIDS MARKET, BY GEOGRAPHY
8.1 Overview
8.2 North America Regional Market Estimates and Forecasts, 2012 - 2025
8.2.1 U.S.
8.2.2 Canada
8.2.3 Mexico
8.3 Europe Regional Market Estimates and Forecasts, 2012 - 2025
8.3.1 Germany
8.3.2 U.K.
8.3.3 France
8.3.4 Rest of Europe
8.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 - 2025
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia Pacific
8.5 Latin America Regional Market Estimates and Forecasts, 2012 - 2025
8.5.1 Brazil
8.5.2 Argentina
8.6 Rest of the World Regional Market Estimates and Forecasts, 2012 â€" 2025
9 GLOBAL HEARING AIDS MARKETCOMPETITIVE LANDSCAPE
9.1 Overview
9.2 Company Market Share
9.3 Vendor Landscape
9.4 Key Development Strategies
10 COMPANY PROFILES
10.1 Sonova
10.1.1 Overview
10.1.2 Financial Performance
10.1.3 Product Outlook
10.1.4 Key Developments
10.2 William Demant
10.2.1 Overview
10.2.2 Financial Performance
10.2.3 Product Outlook
10.2.4 Key Developments
10.3 Gn Store Nord
10.3.1 Overview
10.3.2 Financial Performance
10.3.3 Product Outlook
10.3.4 Key Developments
10.4 Cochlear
10.4.1 Overview
10.4.2 Financial Performance
10.4.3 Product Outlook
10.4.4 Key Developments
10.5 Sivantos
10.5.1 Overview
10.5.2 Financial Performance
10.5.3 Product Outlook
10.5.4 Key Developments
10.6 Starkey
10.6.1 Overview
10.6.2 Financial Performance
10.6.3 Product Outlook
10.6.4 Key Developments
10.7 Widex
10.7.1 Overview
10.7.2 Financial Performance
10.7.3 Product Outlook
10.7.4 Key Developments
10.8 Med-El
10.8.1 Overview
10.8.2 Financial Performance
10.8.3 Product Outlook
10.8.4 Key Developments
10.9 Zounds Hearing
10.9.1 Overview
10.9.2 Financial Performance
10.9.3 Product Outlook
10.9.4 Key Developments
10.10 Sebotek Hearing Systems
10.10.1 Overview
10.10.2 Financial Performance
10.10.3 Product Outlook
10.10.4 Key Developments
10.11 Audina Hearing Instruments
10.11.1 Overview
10.11.2 Financial Performance
10.11.3 Product Outlook
10.11.4 Key Developments
10.12 Rion
10.12.1 Overview
10.12.2 Financial Performance
10.12.3 Product Outlook
10.12.4 Key Developments
10.13 Horentek
10.13.1 Overview
10.13.2 Financial Performance
10.13.3 Product Outlook
10.13.4 Key Developments
10.14 Microson
10.14.1 Overview
10.14.2 Financial Performance
10.14.3 Product Outlook
10.14.4 Key Developments
10.15 Arphi Electronics
10.15.1 Overview
10.15.2 Financial Performance
10.15.3 Product Outlook
10.15.4 Key Developments
11 Appendix
11.1 Related Reports
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