Global Hearing Aid Market Overview

The Global Hearing Aid Market was valued at USD 6.27 billion in 2022 and is expected to reach USD 9.85 billion by the year 2030, at a CAGR of 5.8%.

Hearing aids are small, wearable electronic devices that enable a person with hearing imparity to hear sounds better and understand speech more clearly, thus improving communication ability. Hearing aids come in all shapes and sizes, categorized as hearing devices and hearing implants. Hearing devices amplify the sound coming from the source, for this hearing device has a miniature microphone-to receive sound and a miniature loudspeaker to send the sound. Between these two components, the sound is amplified and converted into an electronic or digital signal. The amplification of sound depends on the hearing ability of the individual. In contrast, hearing implants are surgically placed inside the ear and are generally for those individuals who are deaf or have profound hearing loss. These devices stimulate the auditory nerve by, bypassing the damaged region of the inner ear. Cochlear implants do not amplify sound rather it creates a stimulus or sensation of sound. There are three major categories of hearing loss, conductive, sensorineural, and mix. Depending on the hearing loss type, there is various treatment available in the market. The growing geriatric population is supposed to drive the growth of the hearing aid market in the forecast period, as this age group is most prone to develop hearing loss due to other health comorbidities.

Market Dynamics And Key Factors For Hearing Aid Market

Drivers:

Aging is one of the main factors responsible for the rise in the number of individuals suffering from hearing impairment. In addition to this, chronic exposure to loud noises can have debilitating effects on an individual's capacity to hear. Aging, excessive noise exposure, and traumatic brain injury are some of the understandable factors of hearing loss but, many other factors can cause hearing loss. For instance, sleep apnea is strongly linked with hearing loss. Medical professionals believe that this medical condition reduces the blood supply to the inner ear. The complex system of the inner ear requires oxygen for the appropriate processing of sound. Studies have shown that globally 1 billion people are suffering from obstructive sleep apnea (OSA). With the increasing prevalence of sleep apnea, the number of individuals suffering from hearing loss is expected to rise thus, supporting the growth of the hearing aid market in the forecast period.

According to a report by WHO, 1 in every 4 individuals across the globe will experience mild to profound hearing loss by 2050. That estimates approximately 2.5 billion people and out of this 700 million people will suffer from disabling hearing loss and will require hearing care. This huge the number can be related to excessive drinking, an increasing number of neurological disorders, vaping, iron deficiency, mumps, chronic stress, and ototoxic medications. Heavy drinking damages the central auditory cortex, thus affecting the processing of sound in the brain. Additionally, it can even cause balance problems because alcohol is absorbed in the fluid present in the inner ear thus, excessive drinking is also associated with hearing loss problems.

A recent study published by researchers at the University of Pennsylvania discovered a relationship between iron-deficient anemia (IDA) and hearing loss. This conclusion was made after analyzing the medical records of 305,000 adults. They concluded that people having IDA were twice as likely to experience hearing loss as compared to those without the blood disorder. Another reason is the regular consumption of the blue pill viagra. Men, as well as women who take viagra, are twice as likely to have hearing loss or experience tinnitus, a medical condition in which a person hears a ringing sound in one or both ears. Thus, the growing prevalence of recreational activities where loud sounds are played will bolster the expansion of the hearing aid market during the projected period.

Restraints:

The high prices of hearing aid devices can be considered as one of the essential factors hampering the development of the hearing aid market in the analysis period. The cost of a hearing aid covers both the equipment and the professional's services. Some of the expense of producing hearing aids stems from the research required to continue making technological advances each year. The industry spends hundreds of millions of dollars each year to improve the performance of these gadgets. These expenditures have resulted in improved hearing aids for patients. With the improvement in technology, the prices of these devices have soared very high thus, making them unaffordable for lower-income strata of society. The treatment gap is also a major the problem in low- and middle-income countries. There are several reasons for this gap such as unawareness about the benefits of hearing devices, the limited number of professionals for hear aid fitting, and the high cost of these devices, thus constraining the growth of the market during the projected timeframe.

Opportunities:

According to a report by WHO, hearing loss ranks twelfth in the index of the global burden of disease, and the third most common cause of years lived with disability. The report also states that developing regions have the greatest number of individuals suffering from severe-to-profound hearing loss and these figures are likely to increase by 2050. The low- and middle-income regions can be targeted by market players to increase their revenue by providing affordable hearing aid devices for users in this region. WHO also stated that near about 2.5 billion people are going to experience disabling hearing loss. Additionally, the adult population is also growing exponentially, thus the demand for a hearing aid is expected to increase in the coming future. Continuous usage of headphones among the younger generation is increasing the risk of developing hearing loss in them. The growing recreational activities and the usage of loudspeakers in these activities will damage the eardrums of certain individuals. Thus, the future holds a lucrative opportunity for all the market players involved in the production of hearing aid.

Market Segmentation

Segmentation Analysis of Hearing Aid Market:

Depending on product type, the hearing aids segment is forecasted to dominate the hearing aid market in the upcoming future. Hearing devices can be easily used by individuals suffering from hearing loss. There are also various options available in hearing devices such as behind-the-year (BTE), in the ear (ITE), receiver in the canal (RIC), and completely in the canal (CIC). Hearing aids are more suitable for those individuals with mild to severe hearing loss. Hearing aids do not require surgery for their placement, one can easily put them and remove them. Hearing aids are cost-effective when compared with cochlear implants. With the advancement in technology, the size of hearing aids has become small thus, boosting the self-esteem of users in public places.

Depending on patient type, the adult segment is expected to have the highest share of the hearing aid market in the projected timeframe. The growing geriatric population is the major factor stimulating the expansion of this segment. According to WHO, 432 million adults had disabling hearing loss in 2020. Moreover, heavy drinking, vaping, and chronic stress are also some common actors found in adults thus, consolidating the growth of this segment in the projected timeframe.

Depending on the technology, the digital hearing aids segment is anticipated to lead the hearing aid market in the forecasted timeframe. Digital programmable hearing aids contain all of the same functions as analog programmable hearing aids, but they leverage digitized sound processing (DSP) to transform sound waves into digital signals. The signals are analyzed by a computer chip in the device to identify whether they are noise or speech. It then modifies the signal to produce a clear, amplified, distortion-free sound. Digital hearing aids usually self-adjusts and enables more flexibility in programming the aid. This helps in matching the sound according to an individual's specific pattern of hearing loss thus, strengthening the development of this segment.

Depending on the type of hearing loss, the sensorineural segment is predicted to have a lion's share in the hearing aid market. Sensorineural type of hearing loss is the most prevalent in adults and newborn infants. When the inner ear, hearing structures, or hearing nerves in the brain are damaged it gives rise to sensorineural. According to Gene Reviews, hearing loss that develops in early childhood, even before a baby starts speaking is sensorineural, and is mostly genetic. In adults, aging is the main reason for the development of this hearing loss. It occurs due to damage to the tiny hair cells present in the inner ear. Due to old age, these cells do not regrow thus, the loss is permanent.

Depending on the distribution channel, the offline segment is expected to dominate the hearing aid market in the forecasted timeframe. Offline sale of hearing aid is more popular as users can try different models and buy a suitable one for them. People prefer testing hearing aids before purchasing as this gives them an idea about the look and sound quality of the hearing aid. One can easily report a problem to the vendor, and the device can be immediately repaired thus, driving the growth of the offline segment.

Regional Analysis of Hearing Aid Market:

The Asia-Pacific region is anticipated to have the highest share of the hearing aid market in the forecast period due to the growing awareness about the benefits of hearing aid devices in this region. The hearing aid market in China is expected to reach US$ 1.9 billion by 2027 at a CAGR of 9.1% over the analysis period. According to WHO, there are approximately 63 million people in India suffering from Significant Auditory Impairment. The Indian government has launched National Programme for the Prevention & Control of Deafness (NPPCD) which aims at preventing hearing loss by early detection, diagnosis, and treatment of ear problems. Similar initiatives are expected to launch by other countries thus, strengthening the development of the hearing aid market during the forecast period.

The North American region is expected to have the second-highest share of the hearing aid market in the projected timeframe. The hearing aid market in the US was estimated at US$ 1.6 billion in 2020. According to NIH, 3 out of every 1,000 children in the US are born with hearing loss in one or both ears. It also states that 15% of American adults reported some trouble with hearing. The greatest amount of hearing loss was observed in the age group of 60 to 69. There was an increase in the sales of hearing devices reported in this region. In the US as of December 2019, approximately 118,100 devices have been implanted in adults and 65,000 in children. The growing adoption rate of hearing aids is fueling the growth of the hearing aid market in the forecast period.

The hearing aid market in the European region is expected to develop at a significant growth in the projected timeframe. The growth in this region can be attributed to continuous research for developing advanced hearing aid devices by prominent market players in this region. Hearing Link reported that near about 12,000 people in the UK use cochlear implants thus, driving the growth of the hearing aid market in this region.

Players Covered in Hearing Aid Market are:

• Arphi Electronics (India)
• Audina Hearing Instruments (US)
• Cochlear (Australia)
• GN Store Nord A/S (Denmark)
• Horentek Hearing Diagnostics (Italy)
• MED-EL Medical Electronics (Austria)
• Rion (Japan)
• Sebotek Hearing Systems (US)
• Sivantos (US)
• Sonova (Switzerland)
• Starkey (US)
• Widex (Denmark)
• William Demant (Denmark)
• Zounds Hearing (US)
• Oticon (Denmark)
• Amplifon (Italy)

COVID-19 Impact on Hearing Aid Market

The COVID-19 protocols such as curfews, working from home, homeschooling, leisure restrictions, and social distancing have put a great strain on individuals. The COVID-19 pandemic created a shortage of hearing aid devices due to the limited workforce. There are about 466 million people around the globe suffering from hearing loss, the pandemic is particularly challenging for these individuals. The COVID-19 pandemic has accelerated the development of telemedical and digital treatment and rehabilitation provisions, as well as services that will continue to set important new standards for the approach to hearing loss and hearing solutions in the future. Wearing masks has created problems for persons with hearing loss, even though they are having appropriate hearing aid solutions. In a survey conducted by MED-EL in December 2020 on social media for users with hearing implants, 79% of the respondents reported that they are unable to understand people wearing masks. This problem was reported more in adults (90%) as compared to children (65%). The pandemic resulted in a decline of individuals visiting hospitals for hearing loss disorders, as there was a fear of getting infected with the virus. To summarize, with the growing vaccination rate and reduction in COVID-19 infected patients, the demand for hearing aids is expected to rise in the projected period attributed to growing awareness about the benefits of hearing devices.

Recent Industry Development In Hearing Aid Market

• In August 2021, GN extends its Jabra Enhance™ line of hearing enhancement solutions. With this first-of-its-kind innovation technology, GN is providing true wireless earbuds with superior hearing technology to solve unmet user demands and empower millions of individuals to take the first step on their road to better hearing.
• In July 2021, Amplifon a leading company in hearing solutions and services declared that it has signed an agreement to acquire Bay Audio Pty Limited. This acquisition will strengthen Amplifon's position in the core Australian market. Bay Audio has a network of over 100 retail points located at high-traffic premiere shopping malls across the East Coast.
• In November 2020, Oticon announced the launch of its new, revolutionary Oticon More hearing aids. These new hearing aids come with an entirely new way to support hearing loss i.e., Deep Neural Network (DNN). DNN supports the brain to work most naturally and effectively. With this hearing aid, one can easily handle a full sound scene such as a crowded party or a busy restaurant.

Chapter 1: Introduction
 1.1 Research Objectives
 1.2 Research Methodology
 1.3 Research Process
 1.4 Scope and Coverage
  1.4.1 Market Definition
  1.4.2 Key Questions Answered
 1.5 Market Segmentation

Chapter 2:Executive Summary

Chapter 3:Growth Opportunities By Segment
 3.1 By Product Type
 3.2 By Patient Type
 3.3 By Technology
 3.4 By Type of Hearing Loss
 3.5 By Distribution Channel

Chapter 4: Market Landscape
 4.1 Porter's Five Forces Analysis
  4.1.1 Bargaining Power of Supplier
  4.1.2 Threat of New Entrants
  4.1.3 Threat of Substitutes
  4.1.4 Competitive Rivalry
  4.1.5 Bargaining Power Among Buyers
 4.2 Industry Value Chain Analysis
 4.3 Market Dynamics
  4.3.1 Drivers
  4.3.2 Restraints
  4.3.3 Opportunities
  4.5.4 Challenges
 4.4 Pestle Analysis
 4.5 Technological Roadmap
 4.6 Regulatory Landscape
 4.7 SWOT Analysis
 4.8 Price Trend Analysis
 4.9 Patent Analysis
 4.10 Analysis of the Impact of Covid-19
  4.10.1 Impact on the Overall Market
  4.10.2 Impact on the Supply Chain
  4.10.3 Impact on the Key Manufacturers
  4.10.4 Impact on the Pricing

Chapter 5: Hearing Aid Market by Product Type
 5.1 Hearing Aid Market Overview Snapshot and Growth Engine
 5.2 Hearing Aid Market Overview
 5.3 Hearing Aids
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size (2016-2028F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Hearing Aids: Grographic Segmentation
 5.4 Hearing Implants
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size (2016-2028F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Hearing Implants: Grographic Segmentation

Chapter 6: Hearing Aid Market by Patient Type
 6.1 Hearing Aid Market Overview Snapshot and Growth Engine
 6.2 Hearing Aid Market Overview
 6.3 Adults
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size (2016-2028F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Adults: Grographic Segmentation
 6.4 Pediatrics
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size (2016-2028F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Pediatrics: Grographic Segmentation

Chapter 7: Hearing Aid Market by Technology
 7.1 Hearing Aid Market Overview Snapshot and Growth Engine
 7.2 Hearing Aid Market Overview
 7.3 Analog Hearing Aids
  7.3.1 Introduction and Market Overview
  7.3.2 Historic and Forecasted Market Size (2016-2028F)
  7.3.3 Key Market Trends, Growth Factors and Opportunities
  7.3.4 Analog Hearing Aids: Grographic Segmentation
 7.4 Digital Hearing Aids
  7.4.1 Introduction and Market Overview
  7.4.2 Historic and Forecasted Market Size (2016-2028F)
  7.4.3 Key Market Trends, Growth Factors and Opportunities
  7.4.4 Digital Hearing Aids: Grographic Segmentation

Chapter 8: Hearing Aid Market by Type of Hearing Loss
 8.1 Hearing Aid Market Overview Snapshot and Growth Engine
 8.2 Hearing Aid Market Overview
 8.3 Sensorineural
  8.3.1 Introduction and Market Overview
  8.3.2 Historic and Forecasted Market Size (2016-2028F)
  8.3.3 Key Market Trends, Growth Factors and Opportunities
  8.3.4 Sensorineural: Grographic Segmentation
 8.4 Conductive
  8.4.1 Introduction and Market Overview
  8.4.2 Historic and Forecasted Market Size (2016-2028F)
  8.4.3 Key Market Trends, Growth Factors and Opportunities
  8.4.4 Conductive: Grographic Segmentation
 8.5 Mixed
  8.5.1 Introduction and Market Overview
  8.5.2 Historic and Forecasted Market Size (2016-2028F)
  8.5.3 Key Market Trends, Growth Factors and Opportunities
  8.5.4 Mixed: Grographic Segmentation

Chapter 9: Hearing Aid Market by Distribution Channel
 9.1 Hearing Aid Market Overview Snapshot and Growth Engine
 9.2 Hearing Aid Market Overview
 9.3 Online
  9.3.1 Introduction and Market Overview
  9.3.2 Historic and Forecasted Market Size (2016-2028F)
  9.3.3 Key Market Trends, Growth Factors and Opportunities
  9.3.4 Online: Grographic Segmentation
 9.4 Offline
  9.4.1 Introduction and Market Overview
  9.4.2 Historic and Forecasted Market Size (2016-2028F)
  9.4.3 Key Market Trends, Growth Factors and Opportunities
  9.4.4 Offline: Grographic Segmentation

Chapter 10: Company Profiles and Competitive Analysis
 10.1 Competitive Landscape
  10.1.1 Competitive Positioning
  10.1.2 Hearing Aid Sales and Market Share By Players
  10.1.3 Industry BCG Matrix
  10.1.4 Ansoff Matrix
  10.1.5 Hearing Aid Industry Concentration Ratio (CR5 and HHI)
  10.1.6 Top 5 Hearing Aid Players Market Share
  10.1.7 Mergers and Acquisitions
  10.1.8 Business Strategies By Top Players
 10.2 ARPHI ELECTRONICS
  10.2.1 Company Overview
  10.2.2 Key Executives
  10.2.3 Company Snapshot
  10.2.4 Operating Business Segments
  10.2.5 Product Portfolio
  10.2.6 Business Performance
  10.2.7 Key Strategic Moves and Recent Developments
  10.2.8 SWOT Analysis
 10.3 AUDINA HEARING INSTRUMENTS
 10.4 COCHLEAR
 10.5 GN STORE NORD A/S
 10.6 HORENTEK HEARING DIAGNOSTICS
 10.7 MED-EL MEDICAL ELECTRONICS
 10.8 RION
 10.9 SEBOTEK HEARING SYSTEMS
 10.10 SIVANTOS
 10.11 SONOVA
 10.12 STARKEY
 10.13 WIDEX
 10.14 WILLIAM DEMANT
 10.15 ZOUNDS HEARING
 10.16 OTICON
 10.17 AMPLIFON
 10.18 OTHER MAJOR PLAYERS

Chapter 11: Global Hearing Aid Market Analysis, Insights and Forecast, 2016-2028
 11.1 Market Overview
 11.2 Historic and Forecasted Market Size By Product Type
  11.2.1 Hearing Aids
  11.2.2 Hearing Implants
 11.3 Historic and Forecasted Market Size By Patient Type
  11.3.1 Adults
  11.3.2 Pediatrics
 11.4 Historic and Forecasted Market Size By Technology
  11.4.1 Analog Hearing Aids
  11.4.2 Digital Hearing Aids
 11.5 Historic and Forecasted Market Size By Type of Hearing Loss
  11.5.1 Sensorineural
  11.5.2 Conductive
  11.5.3 Mixed
 11.6 Historic and Forecasted Market Size By Distribution Channel
  11.6.1 Online
  11.6.2 Offline

Chapter 12: North America Hearing Aid Market Analysis, Insights and Forecast, 2016-2028
 12.1 Key Market Trends, Growth Factors and Opportunities
 12.2 Impact of Covid-19
 12.3 Key Players
 12.4 Key Market Trends, Growth Factors and Opportunities
 12.4 Historic and Forecasted Market Size By Product Type
  12.4.1 Hearing Aids
  12.4.2 Hearing Implants
 12.5 Historic and Forecasted Market Size By Patient Type
  12.5.1 Adults
  12.5.2 Pediatrics
 12.6 Historic and Forecasted Market Size By Technology
  12.6.1 Analog Hearing Aids
  12.6.2 Digital Hearing Aids
 12.7 Historic and Forecasted Market Size By Type of Hearing Loss
  12.7.1 Sensorineural
  12.7.2 Conductive
  12.7.3 Mixed
 12.8 Historic and Forecasted Market Size By Distribution Channel
  12.8.1 Online
  12.8.2 Offline
 12.9 Historic and Forecast Market Size by Country
  12.9.1 U.S.
  12.9.2 Canada
  12.9.3 Mexico

Chapter 13: Europe Hearing Aid Market Analysis, Insights and Forecast, 2016-2028
 13.1 Key Market Trends, Growth Factors and Opportunities
 13.2 Impact of Covid-19
 13.3 Key Players
 13.4 Key Market Trends, Growth Factors and Opportunities
 13.4 Historic and Forecasted Market Size By Product Type
  13.4.1 Hearing Aids
  13.4.2 Hearing Implants
 13.5 Historic and Forecasted Market Size By Patient Type
  13.5.1 Adults
  13.5.2 Pediatrics
 13.6 Historic and Forecasted Market Size By Technology
  13.6.1 Analog Hearing Aids
  13.6.2 Digital Hearing Aids
 13.7 Historic and Forecasted Market Size By Type of Hearing Loss
  13.7.1 Sensorineural
  13.7.2 Conductive
  13.7.3 Mixed
 13.8 Historic and Forecasted Market Size By Distribution Channel
  13.8.1 Online
  13.8.2 Offline
 13.9 Historic and Forecast Market Size by Country
  13.9.1 Germany
  13.9.2 U.K.
  13.9.3 France
  13.9.4 Italy
  13.9.5 Russia
  13.9.6 Spain
  13.9.7 Rest of Europe

Chapter 14: Asia-Pacific Hearing Aid Market Analysis, Insights and Forecast, 2016-2028
 14.1 Key Market Trends, Growth Factors and Opportunities
 14.2 Impact of Covid-19
 14.3 Key Players
 14.4 Key Market Trends, Growth Factors and Opportunities
 14.4 Historic and Forecasted Market Size By Product Type
  14.4.1 Hearing Aids
  14.4.2 Hearing Implants
 14.5 Historic and Forecasted Market Size By Patient Type
  14.5.1 Adults
  14.5.2 Pediatrics
 14.6 Historic and Forecasted Market Size By Technology
  14.6.1 Analog Hearing Aids
  14.6.2 Digital Hearing Aids
 14.7 Historic and Forecasted Market Size By Type of Hearing Loss
  14.7.1 Sensorineural
  14.7.2 Conductive
  14.7.3 Mixed
 14.8 Historic and Forecasted Market Size By Distribution Channel
  14.8.1 Online
  14.8.2 Offline
 14.9 Historic and Forecast Market Size by Country
  14.9.1 China
  14.9.2 India
  14.9.3 Japan
  14.9.4 Singapore
  14.9.5 Australia
  14.9.6 New Zealand
  14.9.7 Rest of APAC

Chapter 15: Middle East & Africa Hearing Aid Market Analysis, Insights and Forecast, 2016-2028
 15.1 Key Market Trends, Growth Factors and Opportunities
 15.2 Impact of Covid-19
 15.3 Key Players
 15.4 Key Market Trends, Growth Factors and Opportunities
 15.4 Historic and Forecasted Market Size By Product Type
  15.4.1 Hearing Aids
  15.4.2 Hearing Implants
 15.5 Historic and Forecasted Market Size By Patient Type
  15.5.1 Adults
  15.5.2 Pediatrics
 15.6 Historic and Forecasted Market Size By Technology
  15.6.1 Analog Hearing Aids
  15.6.2 Digital Hearing Aids
 15.7 Historic and Forecasted Market Size By Type of Hearing Loss
  15.7.1 Sensorineural
  15.7.2 Conductive
  15.7.3 Mixed
 15.8 Historic and Forecasted Market Size By Distribution Channel
  15.8.1 Online
  15.8.2 Offline
 15.9 Historic and Forecast Market Size by Country
  15.9.1 Turkey
  15.9.2 Saudi Arabia
  15.9.3 Iran
  15.9.4 UAE
  15.9.5 Africa
  15.9.6 Rest of MEA

Chapter 16: South America Hearing Aid Market Analysis, Insights and Forecast, 2016-2028
 16.1 Key Market Trends, Growth Factors and Opportunities
 16.2 Impact of Covid-19
 16.3 Key Players
 16.4 Key Market Trends, Growth Factors and Opportunities
 16.4 Historic and Forecasted Market Size By Product Type
  16.4.1 Hearing Aids
  16.4.2 Hearing Implants
 16.5 Historic and Forecasted Market Size By Patient Type
  16.5.1 Adults
  16.5.2 Pediatrics
 16.6 Historic and Forecasted Market Size By Technology
  16.6.1 Analog Hearing Aids
  16.6.2 Digital Hearing Aids
 16.7 Historic and Forecasted Market Size By Type of Hearing Loss
  16.7.1 Sensorineural
  16.7.2 Conductive
  16.7.3 Mixed
 16.8 Historic and Forecasted Market Size By Distribution Channel
  16.8.1 Online
  16.8.2 Offline
 16.9 Historic and Forecast Market Size by Country
  16.9.1 Brazil
  16.9.2 Argentina
  16.9.3 Rest of SA

Chapter 17 Investment Analysis

Chapter 18 Analyst Viewpoint and Conclusion

LIST OF TABLES

TABLE 001. EXECUTIVE SUMMARY
TABLE 002. HEARING AID MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. HEARING AID MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. HEARING AID MARKET COMPETITIVE RIVALRY
TABLE 005. HEARING AID MARKET THREAT OF NEW ENTRANTS
TABLE 006. HEARING AID MARKET THREAT OF SUBSTITUTES
TABLE 007. HEARING AID MARKET BY PRODUCT TYPE
TABLE 008. HEARING AIDS MARKET OVERVIEW (2016-2028)
TABLE 009. HEARING IMPLANTS MARKET OVERVIEW (2016-2028)
TABLE 010. HEARING AID MARKET BY PATIENT TYPE
TABLE 011. ADULTS MARKET OVERVIEW (2016-2028)
TABLE 012. PEDIATRICS MARKET OVERVIEW (2016-2028)
TABLE 013. HEARING AID MARKET BY TECHNOLOGY
TABLE 014. ANALOG HEARING AIDS MARKET OVERVIEW (2016-2028)
TABLE 015. DIGITAL HEARING AIDS MARKET OVERVIEW (2016-2028)
TABLE 016. HEARING AID MARKET BY TYPE OF HEARING LOSS
TABLE 017. SENSORINEURAL MARKET OVERVIEW (2016-2028)
TABLE 018. CONDUCTIVE MARKET OVERVIEW (2016-2028)
TABLE 019. MIXED MARKET OVERVIEW (2016-2028)
TABLE 020. HEARING AID MARKET BY DISTRIBUTION CHANNEL
TABLE 021. ONLINE MARKET OVERVIEW (2016-2028)
TABLE 022. OFFLINE MARKET OVERVIEW (2016-2028)
TABLE 023. NORTH AMERICA HEARING AID MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 024. NORTH AMERICA HEARING AID MARKET, BY PATIENT TYPE (2016-2028)
TABLE 025. NORTH AMERICA HEARING AID MARKET, BY TECHNOLOGY (2016-2028)
TABLE 026. NORTH AMERICA HEARING AID MARKET, BY TYPE OF HEARING LOSS (2016-2028)
TABLE 027. NORTH AMERICA HEARING AID MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 028. N HEARING AID MARKET, BY COUNTRY (2016-2028)
TABLE 029. EUROPE HEARING AID MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 030. EUROPE HEARING AID MARKET, BY PATIENT TYPE (2016-2028)
TABLE 031. EUROPE HEARING AID MARKET, BY TECHNOLOGY (2016-2028)
TABLE 032. EUROPE HEARING AID MARKET, BY TYPE OF HEARING LOSS (2016-2028)
TABLE 033. EUROPE HEARING AID MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 034. HEARING AID MARKET, BY COUNTRY (2016-2028)
TABLE 035. ASIA PACIFIC HEARING AID MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 036. ASIA PACIFIC HEARING AID MARKET, BY PATIENT TYPE (2016-2028)
TABLE 037. ASIA PACIFIC HEARING AID MARKET, BY TECHNOLOGY (2016-2028)
TABLE 038. ASIA PACIFIC HEARING AID MARKET, BY TYPE OF HEARING LOSS (2016-2028)
TABLE 039. ASIA PACIFIC HEARING AID MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 040. HEARING AID MARKET, BY COUNTRY (2016-2028)
TABLE 041. MIDDLE EAST & AFRICA HEARING AID MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 042. MIDDLE EAST & AFRICA HEARING AID MARKET, BY PATIENT TYPE (2016-2028)
TABLE 043. MIDDLE EAST & AFRICA HEARING AID MARKET, BY TECHNOLOGY (2016-2028)
TABLE 044. MIDDLE EAST & AFRICA HEARING AID MARKET, BY TYPE OF HEARING LOSS (2016-2028)
TABLE 045. MIDDLE EAST & AFRICA HEARING AID MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 046. HEARING AID MARKET, BY COUNTRY (2016-2028)
TABLE 047. SOUTH AMERICA HEARING AID MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 048. SOUTH AMERICA HEARING AID MARKET, BY PATIENT TYPE (2016-2028)
TABLE 049. SOUTH AMERICA HEARING AID MARKET, BY TECHNOLOGY (2016-2028)
TABLE 050. SOUTH AMERICA HEARING AID MARKET, BY TYPE OF HEARING LOSS (2016-2028)
TABLE 051. SOUTH AMERICA HEARING AID MARKET, BY DISTRIBUTION CHANNEL (2016-2028)
TABLE 052. HEARING AID MARKET, BY COUNTRY (2016-2028)
TABLE 053. ARPHI ELECTRONICS: SNAPSHOT
TABLE 054. ARPHI ELECTRONICS: BUSINESS PERFORMANCE
TABLE 055. ARPHI ELECTRONICS: PRODUCT PORTFOLIO
TABLE 056. ARPHI ELECTRONICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 056. AUDINA HEARING INSTRUMENTS: SNAPSHOT
TABLE 057. AUDINA HEARING INSTRUMENTS: BUSINESS PERFORMANCE
TABLE 058. AUDINA HEARING INSTRUMENTS: PRODUCT PORTFOLIO
TABLE 059. AUDINA HEARING INSTRUMENTS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 059. COCHLEAR: SNAPSHOT
TABLE 060. COCHLEAR: BUSINESS PERFORMANCE
TABLE 061. COCHLEAR: PRODUCT PORTFOLIO
TABLE 062. COCHLEAR: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 062. GN STORE NORD A/S: SNAPSHOT
TABLE 063. GN STORE NORD A/S: BUSINESS PERFORMANCE
TABLE 064. GN STORE NORD A/S: PRODUCT PORTFOLIO
TABLE 065. GN STORE NORD A/S: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 065. HORENTEK HEARING DIAGNOSTICS: SNAPSHOT
TABLE 066. HORENTEK HEARING DIAGNOSTICS: BUSINESS PERFORMANCE
TABLE 067. HORENTEK HEARING DIAGNOSTICS: PRODUCT PORTFOLIO
TABLE 068. HORENTEK HEARING DIAGNOSTICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 068. MED-EL MEDICAL ELECTRONICS: SNAPSHOT
TABLE 069. MED-EL MEDICAL ELECTRONICS: BUSINESS PERFORMANCE
TABLE 070. MED-EL MEDICAL ELECTRONICS: PRODUCT PORTFOLIO
TABLE 071. MED-EL MEDICAL ELECTRONICS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 071. RION: SNAPSHOT
TABLE 072. RION: BUSINESS PERFORMANCE
TABLE 073. RION: PRODUCT PORTFOLIO
TABLE 074. RION: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 074. SEBOTEK HEARING SYSTEMS: SNAPSHOT
TABLE 075. SEBOTEK HEARING SYSTEMS: BUSINESS PERFORMANCE
TABLE 076. SEBOTEK HEARING SYSTEMS: PRODUCT PORTFOLIO
TABLE 077. SEBOTEK HEARING SYSTEMS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 077. SIVANTOS: SNAPSHOT
TABLE 078. SIVANTOS: BUSINESS PERFORMANCE
TABLE 079. SIVANTOS: PRODUCT PORTFOLIO
TABLE 080. SIVANTOS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 080. SONOVA: SNAPSHOT
TABLE 081. SONOVA: BUSINESS PERFORMANCE
TABLE 082. SONOVA: PRODUCT PORTFOLIO
TABLE 083. SONOVA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 083. STARKEY: SNAPSHOT
TABLE 084. STARKEY: BUSINESS PERFORMANCE
TABLE 085. STARKEY: PRODUCT PORTFOLIO
TABLE 086. STARKEY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 086. WIDEX: SNAPSHOT
TABLE 087. WIDEX: BUSINESS PERFORMANCE
TABLE 088. WIDEX: PRODUCT PORTFOLIO
TABLE 089. WIDEX: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 089. WILLIAM DEMANT: SNAPSHOT
TABLE 090. WILLIAM DEMANT: BUSINESS PERFORMANCE
TABLE 091. WILLIAM DEMANT: PRODUCT PORTFOLIO
TABLE 092. WILLIAM DEMANT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 092. ZOUNDS HEARING: SNAPSHOT
TABLE 093. ZOUNDS HEARING: BUSINESS PERFORMANCE
TABLE 094. ZOUNDS HEARING: PRODUCT PORTFOLIO
TABLE 095. ZOUNDS HEARING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 095. OTICON: SNAPSHOT
TABLE 096. OTICON: BUSINESS PERFORMANCE
TABLE 097. OTICON: PRODUCT PORTFOLIO
TABLE 098. OTICON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 098. AMPLIFON: SNAPSHOT
TABLE 099. AMPLIFON: BUSINESS PERFORMANCE
TABLE 100. AMPLIFON: PRODUCT PORTFOLIO
TABLE 101. AMPLIFON: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 101. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 102. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 103. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 104. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. HEARING AID MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. HEARING AID MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. HEARING AIDS MARKET OVERVIEW (2016-2028)
FIGURE 013. HEARING IMPLANTS MARKET OVERVIEW (2016-2028)
FIGURE 014. HEARING AID MARKET OVERVIEW BY PATIENT TYPE
FIGURE 015. ADULTS MARKET OVERVIEW (2016-2028)
FIGURE 016. PEDIATRICS MARKET OVERVIEW (2016-2028)
FIGURE 017. HEARING AID MARKET OVERVIEW BY TECHNOLOGY
FIGURE 018. ANALOG HEARING AIDS MARKET OVERVIEW (2016-2028)
FIGURE 019. DIGITAL HEARING AIDS MARKET OVERVIEW (2016-2028)
FIGURE 020. HEARING AID MARKET OVERVIEW BY TYPE OF HEARING LOSS
FIGURE 021. SENSORINEURAL MARKET OVERVIEW (2016-2028)
FIGURE 022. CONDUCTIVE MARKET OVERVIEW (2016-2028)
FIGURE 023. MIXED MARKET OVERVIEW (2016-2028)
FIGURE 024. HEARING AID MARKET OVERVIEW BY DISTRIBUTION CHANNEL
FIGURE 025. ONLINE MARKET OVERVIEW (2016-2028)
FIGURE 026. OFFLINE MARKET OVERVIEW (2016-2028)
FIGURE 027. NORTH AMERICA HEARING AID MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 028. EUROPE HEARING AID MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 029. ASIA PACIFIC HEARING AID MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 030. MIDDLE EAST & AFRICA HEARING AID MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 031. SOUTH AMERICA HEARING AID MARKET OVERVIEW BY COUNTRY (2016-2028)