Request for Covid-19 Impact Assessment of this Report

Take Action
Medical Devices

Global Audiology Devices Market Size study, by Product (Hearing Aids, Cochlear Implants), By Technology (Digital, Analog), By Sales Channel (Retail, E-commerce) and Regional Forecasts 2022-2028

  • BIZ4983426
  • 200 Pages
  • July 2022
  • Medical Devices
Download Sample    Get Discount   
 
Global Audiology Devices Market is valued approximately USD 11.05 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.80% over the forecast period 2022-2028. A device meant to improve hearing by making sound perceptible to a person with hearing loss is known as an audiology device. Hearing aids are categorized as medical equipment in the majority of nations and are subject to their own legislation. The increased prevalence of hearing impairment due to the huge elderly population are majorly driving market expansion. Hearing loss caused by ageing is caused by changes in the inner ear and auditory nerve. According to the research issued by the United Nations Department of Economic and Social Affairs, there were around 703 million individuals aged 65 and over worldwide in 2019, with the number expected to quadruple to 1.5 billion by 2050. The growing number of such people is projected to drive the industry even further. Another cause of hearing loss is exposure to loud noise. Noise pollution has been identified as the leading cause of Noise-Induced Hearing Loss (NIHL) in humans, particularly adults and children. According to WHO, the use of personal audio devices may expose nearly 50% of persons aged 12-35 years to harmful levels of sound. Furthermore, around 40% of persons in that age group may be exposed to harmful levels of sound at entertainment venues. Increased hearing loss owing to increased noise pollution is expected to enhance the demand for hearing devices. Furthermore, continual technical advancements to improve client hearing experiences, as well as the advent of specialty devices tailored for veteran and current military people, are projected to bring up new potential for the sector. The expensive cost of such gadgets, on the other hand, is a big impediment to the market. However, technological improvements such as wireless devices, as well as the introduction of new features like as voice processing, Bluetooth connectivity, contactless charging, and many more, are projected to drive the industry's growth.

The key regions considered for the Global Audiology Devices Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America emerged as the market leader. The progress of audiology equipment, an increase in the number of audiologists, and the launch of novel digital platforms by existing providers are all factors driving market expansion in the United States. The introduction of patient-centric audiology systems that permit easier product handling leads to increased patient compliance, which drives market growth. Over the projection period, the Asia Pacific region is expected to grow at the fastest CAGR. The growing senior population and age-related hearing issues, continually improving healthcare infrastructure, rising health-care expenditures, and increased product awareness all contribute to market growth.

Major market player included in this report are:

William Demant Holdings A/S

GN ReSound Group

Starkey Hearing Technologies

Widex A/S

Sonova Holdings AG

Phonak, Audioscan

MedRx

NHC/Amplifon

Cochlear Limited

Sonova Holding AG

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product:

Hearing Aids

Cochlear Implants

By Technology:

Digital

Analog

By Sales Channel:

Retail

E-commerce

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020

Base year – 2021

Forecast period – 2022 to 2028

Target Audience of the Global Audiology Devices Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Chapter 1. Executive Summary

1.1. Market Snapshot

1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)

1.2.1. Audiology Devices Market, by Region, 2020-2028 (USD Billion)

1.2.2. Audiology Devices Market, by Product, 2020-2028 (USD Billion)

1.2.3. Audiology Devices Market, by Technology, 2020-2028 (USD Billion)

1.2.4. Audiology Devices Market, by Sales Channel, 2020-2028 (USD Billion)

1.3. Key Trends

1.4. Estimation Methodology

1.5. Research Assumption

Chapter 2. Global Audiology Devices Market Definition and Scope

2.1. Objective of the Study

2.2. Market Definition & Scope

2.2.1. Scope of the Study

2.2.2. Industry Evolution

2.3. Years Considered for the Study

2.4. Currency Conversion Rates

Chapter 3. Global Audiology Devices Market Dynamics

3.1. Audiology Devices Market Impact Analysis (2020-2028)

3.1.1. Market Drivers

3.1.1.1. Rising incidences of hearing impairment owing to the large geriatric population

3.1.1.2. Increased incidents of hearing loss due to rising noise pollution

3.1.2. Market Challenges

3.1.2.1. High cost associated with such devices

3.1.3. Market Opportunities

3.1.3.1. Technological improvements in Audiology Devices

Chapter 4. Global Audiology Devices Market Industry Analysis

4.1. Porter’s 5 Force Model

4.1.1. Bargaining Power of Suppliers

4.1.2. Bargaining Power of Buyers

4.1.3. Threat of New Entrants

4.1.4. Threat of Substitutes

4.1.5. Competitive Rivalry

4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)

4.2. PEST Analysis

4.2.1. Political

4.2.2. Economical

4.2.3. Social

4.2.4. Technological

4.3. Investment Adoption Model

4.4. Analyst Recommendation & Conclusion

4.5. Top investment opportunity

4.6. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1.1. Assessment of the overall impact of COVID-19 on the industry

5.1.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Audiology Devices Market, by Product

6.1. Market Snapshot

6.2. Global Audiology Devices Market by Product, Performance - Potential Analysis

6.3. Global Audiology Devices Market Estimates & Forecasts by Product 2018-2028 (USD Billion)

6.4. Audiology Devices Market, Sub Segment Analysis

6.4.1. Hearing Aids

6.4.2. Cochlear Implants

Chapter 7. Global Audiology Devices Market, by Technology

7.1. Market Snapshot

7.2. Global Audiology Devices Market by Technology, Performance - Potential Analysis

7.3. Global Audiology Devices Market Estimates & Forecasts by Technology 2018-2028 (USD Billion)

7.4. Audiology Devices Market, Sub Segment Analysis

7.4.1. Digital

7.4.2. Analog

Chapter 8. Global Audiology Devices Market, by Sales Channel

8.1. Market Snapshot

8.2. Global Audiology Devices Market by Sales Channel, Performance - Potential Analysis

8.3. Global Audiology Devices Market Estimates & Forecasts by Sales Channel 2018-2028 (USD Billion)

8.4. Audiology Devices Market, Sub Segment Analysis

8.4.1. Retail

8.4.2. E-commerce

Chapter 9. Global Audiology Devices Market, Regional Analysis

9.1. Audiology Devices Market, Regional Market Snapshot

9.2. North America Audiology Devices Market

9.2.1. U.S. Audiology Devices Market

9.2.1.1. Product breakdown estimates & forecasts, 2018-2028

9.2.1.2. Technology breakdown estimates & forecasts, 2018-2028

9.2.1.3. Sales Channel breakdown estimates & forecasts, 2018-2028

9.2.2. Canada Audiology Devices Market

9.3. Europe Audiology Devices Market Snapshot

9.3.1. U.K. Audiology Devices Market

9.3.2. Germany Audiology Devices Market

9.3.3. France Audiology Devices Market

9.3.4. Spain Audiology Devices Market

9.3.5. Italy Audiology Devices Market

9.3.6. Rest of Europe Audiology Devices Market

9.4. Asia-Pacific Audiology Devices Market Snapshot

9.4.1. China Audiology Devices Market

9.4.2. India Audiology Devices Market

9.4.3. Japan Audiology Devices Market

9.4.4. Australia Audiology Devices Market

9.4.5. South Korea Audiology Devices Market

9.4.6. Rest of Asia Pacific Audiology Devices Market

9.5. Latin America Audiology Devices Market Snapshot

9.5.1. Brazil Audiology Devices Market

9.5.2. Mexico Audiology Devices Market

9.6. Rest of The World Audiology Devices Market

Chapter 10. Competitive Intelligence

10.1. Top Market Strategies

10.2. Company Profiles

10.2.1. William Demant Holdings A/S

10.2.1.1. Key Information

10.2.1.2. Overview

10.2.1.3. Financial (Subject to Data Availability)

10.2.1.4. Product Summary

10.2.1.5. Recent Developments

10.2.2. GN ReSound Group

10.2.3. Starkey Hearing Technologies

10.2.4. Widex A/S

10.2.5. Sonova Holdings AG

10.2.6. Phonak, Audioscan

10.2.7. MedRx

10.2.8. NHC/Amplifon.

10.2.9. Cochlear Limited

10.2.10. Sonova Holding AG

Chapter 11. Research Process

11.1. Research Process

11.1.1. Data Mining

11.1.2. Analysis

11.1.3. Market Estimation

11.1.4. Validation

11.1.5. Publishing

11.2. Research Attributes

11.3. Research Assumption

List of Tables

TABLE 1. Global Audiology Devices Market, report scope

TABLE 2. Global Audiology Devices Market estimates & forecasts by Region 2018-2028 (USD Billion)

TABLE 3. Global Audiology Devices Market estimates & forecasts by Product 2018-2028 (USD Billion)

TABLE 4. Global Audiology Devices Market estimates & forecasts by Technology 2018-2028 (USD Billion)

TABLE 5. Global Audiology Devices Market estimates & forecasts by Sales Channel 2018-2028 (USD Billion)

TABLE 6.

TABLE 7. Global Audiology Devices Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 8. Global Audiology Devices Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 9. Global Audiology Devices Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 10. Global Audiology Devices Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 11. Global Audiology Devices Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 12. Global Audiology Devices Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 13. Global Audiology Devices Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 14. Global Audiology Devices Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 15. Global Audiology Devices Market by segment, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 16. Global Audiology Devices Market by region, estimates & forecasts, 2018-2028 (USD Billion)

TABLE 17. U.S. Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 18. U.S. Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 19. U.S. Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 20. Canada Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 21. Canada Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 22. Canada Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 23. UK Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 24. UK Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 25. UK Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 26. Germany Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 27. Germany Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 28. Germany Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 29. RoE Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 30. RoE Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 31. RoE Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 32. China Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 33. China Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 34. China Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 35. India Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 36. India Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 37. India Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 38. Japan Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 39. Japan Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 40. Japan Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 41. RoAPAC Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 42. RoAPAC Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 43. RoAPAC Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 44. Brazil Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 45. Brazil Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 46. Brazil Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 47. Mexico Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 48. Mexico Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 49. Mexico Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 50. RoLA Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 51. RoLA Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 52. RoLA Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 53. Row Audiology Devices Market estimates & forecasts, 2018-2028 (USD Billion)

TABLE 54. Row Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 55. Row Audiology Devices Market estimates & forecasts by segment 2018-2028 (USD Billion)

TABLE 56. List of secondary sources, used in the study of global Audiology Devices Market

TABLE 57. List of primary sources, used in the study of global Audiology Devices Market

TABLE 58. Years considered for the study

TABLE 59. Exchange rates considered

 
Purchase Options

* Taxes/Fees, If applicable will be
added during checkout. All prices in USD.

Need More Information

Contact Us

+ 1-888-961-4454

Drop Us an email at

help@bigmarketresearch.com

Similar Reports

Medical Implants Market By Type (Orthopedic Implants, cardiac implants, Stents, Spinal Implants, Neurostimulators, dental implants, Breast Implants, facial Implants) and By Materials (Metallic, Ceramic, Polymers, Natural) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022

Medical implants are permanent devices such as pacemakers or temporary devices such as fracture plates which are removed once their function is completed. These implants are made up of bone, tissue, skin, ceramics, metals, plastics, and other natural materials...

  • Publish Date: August 21, 2016
  • $5370
View Details
Ostomy Drainage Bags Market by Type (Colostomy Bags, Ileostomy Bags, Urostomy Bags, Continent Urostomy Bags, and Continent Ileostomy Bags) - Global Opportunity Analysis and Industry Forecast, 2014-2022

Ostomy is a surgery wherein an artificial opening, known as stoma, is created from the colon in the human body to eliminate body wastes such as urine, mucus, and stools, which are collected in artificial bags called ostomy drainage bags. These plastic/rub...

  • Publish Date: December 1, 2016
  • $5370
View Details
Laparoscopy Devices Market by Product (Laparoscopes, Energy Devices, Insufflators, Robot-Assisted Surgery Systems, Suction or Irrigation Systems, Closure Devices, Hand Instruments, Access Devices, Accessories, and Other Laparoscopy Devices), Application {General Surgery (Cholecystectomies, Hernia Repairs, Appendectomies, Anti-reflux Surgeries, and Others), Bariatric Surgery (Gastric Bypass, Sleeve gastrectomy, Gastric Banding, and Others), Gynecological Surgery, Urological Surgery, Colorectal Surgery, and Others}, and End User (Hospitals, Clinics, and Other End Users) - Global Opportunity Analysis and Industry Forecast, 2014-2022

Laparoscopy is a minimally invasive procedure used to examine organs inside the abdomen or pelvic cavities by inserting a laparoscope through a small incision in the abdomen. A laparoscope comprises a long, thin tube with high-intensity light, and high-re...

  • Publish Date: April 24, 2017
  • $5370
View Details
 
View More
 

Client Testimonials

2024 © Copyright Big Market Research