Hearing Aids Market Size, Competitive Strategies, Application Analysis, Regional, and Forecasts 2019 To 2030

Hearing aids market is estimated to be over US$ 6.5 Bn in 2017. It is anticipated to grow at a CAGR of 6.6% from 2019 to 2030.

Increasing incidences and prevalence of hearing loss, rising geriatric population has led to focus of market players in introducing new and innovative products and availability of favorable government regulations are some of the growth factors in the hearing aids market. Moreover, various educational and research institutes, organizations and societies are working on treatments of hearing losses to make the entire treatment procedure affordable. For instance, China Southeast University Institute of Life Sciences announced collaboration for joint research project with Boehringer Ingelheim, a leading pharmaceutical company.

Major Key Players of the Hearing Aids Market are:
Sonova, William Demant Holding A/S, GN Store Nord A/S, Cochlear Ltd., Sivantos Pte. Ltd., Starkey, WIDEX A/S, SeboTek Hearing Systems, Audina Hearing Instruments, Inc. and Horentek other prominent players.

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The population of geriatric population across the world has grown rapidly over the past several decades. Moreover, this growth has witnessed an unprecedented rate in recent times. In 2016, it was approximated that the population of individuals aged 65 years or older was 8.5% or 617 million of the entire world population. Furthermore, it is projected that the figure will witness an increment to 17% i.e. 1.6 billion by the end of 2050. Such rapid growth of geriatric population is anticipated to present a remunerative growth opportunity for the global hearing aids market in the coming times. Since, growing age brings about several ailments associated with hearing, namely hearing loss, and other hearing problems.

The Hearing Aids Market is segmented on the basis of Product, Types, Applications and region.

Major Product of Hearing Aids Market covered are:

Hearing Aid Devices

• Receiver-In-The-Ear Hearing Aids
• Canal Hearing Aids
• Behind-The-Ear Hearing Aids
• In-The-Ear (ITE) Hearing Aids
• Other Hearing Aid Devices

Hearing Implants

• Bone-Anchored Systems
• Cochlear Implants

Major Type Of Hearing Loss of Hearing Aids Market covered are:

• Conductive Hearing Loss
• Sensorineural Hearing Loss

Major Applications of Hearing Aids Market covered are:

• Pediatrics
• Adults

According to the National Institute on Deafness and Other Communication Disorders, detectable level of hearing loss among every 1000 children in the U.S., ranges between 2 and 3. Similarly, in the U.S., it is estimated that the total number of adult suffering from some form of ailments associated with hearing is a staggering 37.5 million, i.e. roughly 15% of the entire population. Rising incidences and prevalence of hearing ailments is anticipated to further contribute to the growing demand of the global Hearing Aids Market.

Research objectives:-

– To study and analyze the global Hearing Aids consumption (value & volume) by key regions/countries, product type and application, history data.

– To understand the structure of the Hearing Aids market by identifying its various sub-segments.

– Focuses on the key global Hearing Aids manufacturers, to define, describe and analyze the sales volume, value, market share, market competitive landscape, SWOT analysis, and development plans in the next few years.

– To analyze the Hearing Aids with respect to individual growth trends, future prospects, and their contribution to the total market.

– To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of Contents

1. INTRODUCTION
   1. Market Definition
   2. Market Ecosystem
   3. Currency Used for the Study
   4. Report Beneficiary List
2. RESEARCH METHODOLOGY
   1. Research Framework
   2. Data Collection Technique
   3. Data Sources
   4. Market Estimation Methodology
   5. Data Validation and Triangulation
3. ABSTRACT OF THE STUDY
4. MARKET DYNAMICS ASSESMENT
5. UNIQUE SELLING PROPOSITIONS (USPs)
   1. Regulatory Landscape Assessment
   2. Technological Advancement
   3. Initiatives Assessment: Government & Private Bodies
6. GLOBAL HEARING AIDS MARKET – ANALYSIS & FORECAST, BY PRODUCT
   1. Introduction & Definition
   2. Hearing Aid Devices
      1. Receiver-In-The-Ear Hearing Aids
      2. Canal Hearing Aids
      3. Behind-The-Ear Hearing Aids
      4. In-The-Ear (ITE) Hearing Aids
      5. Other Hearing Aid Devices
   3. Hearing Implants
      1. Bone-Anchored Systems
      2. Cochlear Implants
7. GLOBAL HEARING AIDS MARKET – ANALYSIS & FORECAST, BY TYPE OF HEARING LOSS
   1. Introduction & Definition
   2. Conductive Hearing Loss
   3. Sensorineural Hearing Loss
8. GLOBAL HEARING AIDS MARKET – ANALYSIS & FORECAST, BY END USER
   1. Introduction & Definition
   2. Pediatrics
   3. Adults
9. GLOBAL HEARING AIDS MARKET – ANALYSIS & FORECAST, BY REGION
   1.   North America Hearing Aids Market
   2. Europe Hearing Aids Market
   3. Asia Pacific Hearing Aids Market
   4.   Rest of the World (ROW) Hearing Aids Market
10. COMPETETIVE LANDSCAPE
    1. Market Share Analysis (2018)
    2. Key Strategies Assessment
       1. New Product Launches
       2. Merger & Acquisitions
       3. Expansions
       4. Agreements, Collaborations, & Partnerships
       5. Other Strategies
11. COMPANY PROFILES (Business Overview, Products/Services Offered, Financial Performance, R&D Intensity, Marketing & Sales Intensity, Recent Developments, Analyst Corner)*
    1.     Sonova
    2.     William Demant Holding A/S
    3.     GN Store Nord A/S
    4.     Cochlear Ltd.
    5.     Sivantos Pte. Ltd.
    6.     Starkey
    7.     WIDEX A/S
    8.     SeboTek Hearing Systems, LLC.
    9.     Audina Hearing Instruments, Inc.
    10. Horentek  (*Financial details might not be captured in case of privately-held companies or for companies that do not report this information in public domain)
12. APPENDIX

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