The report provides an overview of the hearing aids market. It aims at estimating the market size and future growth potential of this market across different segments such as product, type of hearing loss, patient type, and region.
Global hearing aids market is projected to reach USD 9.78 Billion by 2022 from USD 6.97 Billion in 2017, at a CAGR of 7.0%.
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Hearing aids market is segmented into adut patients and pediatric patients. The adult patient segment is expected to account for the largest share and is projected to register the highest CAGR due to the high prevalence of hearing loss in the adult population due to ageing. The hearing aid devices segment is expected to account for the largest share of the global market in 2017.
Hearing Aids Market, By Product
1 Introduction
2 Hearing Aid Devices
3 Receiver-In-The-Ear (RITE) Hearing Aids
4 Behind-The-Ear (BTE) Hearing Aids
5 Canal Hearing Aids
6 In-The-Ear (ITE) Hearing Aids
7 Hearing Implants
8 Cochlear Implants
9 Bone-Anchored Systems
Hearing Aids Market, By Type of Hearing Loss
1 Introduction
2 Sensorineural Hearing Loss
3 Conductive Hearing Loss
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Hearing aids market dominated by big players like Sonova (Switzerland), William Demant (Denmark), and GN Store Nord (Denmark) with the presence of several small players as well. Some of hearing aids market players operating include Cochlear (Australia), Starkey (US), Widex (Denmark), MED-EL (Austria), SeboTek Hearing Systems (US), Audina Hearing Instruments (US), RION (Japan), Horentek (Italy), Microson (Spain), and Arphi Electronics (India).
Premium Insights
1 Hearing Aids: Market Overview
2 Europe Hearing Aid Devices Market, By Product and By Country, 2017
3 Geographical Snapshot of the Hearing Aids Market
4 Hearing Implants Market, By Type
5 Hearing Aids Market, By Patient Type, 2017 vs 2022
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The hearing aids market is segmented into sensor neural hearing loss and conductive hearing loss. The sensor neural hearing loss segment (SNHL) is expected to dominate this market, due to high prevalence of SNHL and increasing initiatives by companies and regulatory authorities to develop hearing aid devices for SNHL treatment.
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