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The hearing aid market is forecasted to grow by USD 3.17 billion during 2023-2028, accelerating at a CAGR of 6.1% during the forecast period. The report on the hearing aid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by global rise in number of patients with hearing loss, growth in use of binaural hearing aids, and growing focus on compliance with industrial standards.
The hearing aid market is segmented as below:
By End-user
- Adults
- Pediatricians
By Product
- Hearing devices
- Hearing implants
By Geographical Landscape
- Europe
- North America
- Asia
- Rest of World (ROW)
The report on the hearing aid market covers the following areas:
- Hearing aid market sizing
- Hearing aid market forecast
- Hearing aid market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global hearing aid market: Advin Health Care, Amplifon SpA, Arphi Electronics Pvt. Ltd., Audicus Inc., Audina Hearing Instruments Inc., Beltone, Bernafon AG, Cochlear Ltd., Demant AS, GN Store Nord AS, Lisound Hearing Aid Fuzhou Co. Ltd., MED EL Elektromedizinische Gerate GmbH, Oticon Inc., RION Co. Ltd., SeboTek Hearing Systems LLC, Sonova AG, Starkey Laboratories Inc., Widex AS, WS Audiology AS, and Zounds Hearing Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in development of new products."
According to the report, one of the major drivers for this market is the global rise in number of patients with hearing loss.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Advin Health Care
- Amplifon SpA
- Arphi Electronics Pvt. Ltd.
- Audicus Inc.
- Audina Hearing Instruments Inc.
- Beltone
- Bernafon AG
- Cochlear Ltd.
- Demant AS
- GN Store Nord AS
- Lisound Hearing Aid Fuzhou Co. Ltd.
- MED EL Elektromedizinische Gerate GmbH
- Oticon Inc.
- RION Co. Ltd.
- SeboTek Hearing Systems LLC
- Sonova AG
- Starkey Laboratories Inc.
- Widex AS
- WS Audiology AS
- Zounds Hearing Inc.
