Hearing Aids Market, by Product Type (Hearing Aid Devices (Behind-The-Ear (BTE) Hearing Aids, Receiver-In-Canal (RIC) Hearing Aids, In-The-Ear (ITE) Hearing Aids, In-The-Canal (ITC) Hearing Aids, Completely-In-Canal (CIC) Hearing Aids and Others) and Hear

Hearing Aids Market, by Product Type (Hearing Aid Devices (Behind-The-Ear (BTE) Hearing Aids, Receiver-In-Canal (RIC) Hearing Aids, In-The-Ear (ITE) Hearing Aids, In-The-Canal (ITC) Hearing Aids, Completely-In-Canal (CIC) Hearing Aids and Others) and Hearing Implants (Cochlear Implants and Bone-anchored System)), by Type of Hearing Loss (Conductive Hearing Loss, Sensorineural Hearing Loss, and Mixed Hearing Loss), by Patient Type (Adults and Paediatrics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

A hearing aid is a battery-powered electrical device that is used for better hearing in hearing-impaired patients. Hearing aids function by boosting sound in three stages: the microphone absorbs sound and turns it into a digital signal, the amplifier amplifies the digital signal, and the speaker sends the amplified sound into the ear. A hearing aid amplifies sound waves as they reach the ear. There are different types of hearing aids available such as Behind-the-ear (BTE), In-the-ear (ITE), and In-the-canal (ITC) aids among others. In case of Behind-the-ear (BTE) hearing aids, most of the part cotained in a small plastic case that rests behind the ear. In-the-ear (ITE) aids are contained in a shell in the outer part of the ear. The basic common features of hearing aids include the presence of a directional microphone, ‘T-coil’ setting for eliminating environmental sounds for better hearing of sound picked up from the telephone, and feedback suppression (FS).
Market Dynamics
Key market players are focusing on new product launches, which is expected to drive the global hearing aids market growth during the forecast period. For instance, in August 2021, Sonova Holding AG, a leading provider of hearing solutions, announced the introduction of Phonak Audeo Paradise, a multifunctional hearing aid. It delivers an enhanced hearing performance and speech understanding. The new platform Paradise has been designed with a clear focus on delivering an excellent sound experience for consumers. Phonak Paradise hearing aid helps consumers in natural hearing experience in different environments.
Key features of the study:
This report provides an in-depth analysis of the global hearing aids market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global hearing aids market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, strategies
Key companies covered as a part of this study include Sonova, Starkey Laboratories, Inc., GN Hearing, Oticon, Demant A/S, Cochlear Ltd., Eargo Inc., WS Audiology A/S, RION Co., Ltd., MED-EL (Medical Electronics), Amplifon S.p.A, Audina Hearing Instruments, Inc., Sonic Innovations, Inc., and Zounds Hearing
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global hearing aids market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have an ease in decision-making through various strategy matrices used in analyzing the global hearing aids market
Detailed Segmentation:
Global Hearing Aids Market, By Product Type:
Hearing Aid Devices
Behind-The-Ear (BTE) Hearing Aids
Receiver-In-Canal (RIC) Hearing Aids
In-The-Ear (ITE) Hearing Aids
In-The-Canal (ITC) Hearing Aids
Completely-In-Canal (CIC) Hearing Aids
Others
Hearing Implants
Cochlear Implants
Bone-anchored Systems
Global Hearing Aids Market, By Type of Hearing Loss:
Conductive Hearing Loss
Sensorineural Hearing Loss
Mixed Hearing Loss
Global Hearing Aids Market, By Patient Type:
Adults
Pediatrics
Global Hearing Aids Market, By Region:
North America
By Product Type
Hearing Aid Devices
Behind-The-Ear (BTE) Hearing Aids
Receiver-In-Canal (RIC) Hearing Aids
In-The-Ear (ITE) Hearing Aids
In-The-Canal (ITC) Hearing Aids
Completely-In-Canal (CIC) Hearing Aids
Others
Hearing Implants
Cochlear Implants
Bone-anchored Systems
By Type of Hearing Loss
Conductive Hearing Loss
Sensorineural Hearing Loss
Mixed Hearing Loss
By Patient Type
Adults
Pediatrics
By Country
U.S.
Canada
Latin America
By Product Type
Hearing Aid Devices
Behind-The-Ear (BTE) Hearing Aids
Receiver-In-Canal (RIC) Hearing Aids
In-The-Ear (ITE) Hearing Aids
In-The-Canal (ITC) Hearing Aids
Completely-In-Canal (CIC) Hearing Aids
Others
Hearing Implants
Cochlear Implants
Bone-anchored Systems
By Type of Hearing Loss
Conductive Hearing Loss
Sensorineural Hearing Loss
Mixed Hearing Loss
By Patient Type
Adults
Pediatrics
By Country
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Product Type
Hearing Aid Devices
Behind-The-Ear (BTE) Hearing Aids
Receiver-In-Canal (RIC) Hearing Aids
In-The-Ear (ITE) Hearing Aids
In-The-Canal (ITC) Hearing Aids
Completely-In-Canal (CIC) Hearing Aids
Others
Hearing Implants
Cochlear Implants
Bone-anchored Systems
By Type of Hearing Loss
Conductive Hearing Loss
Sensorineural Hearing Loss
Mixed Hearing Loss
By Patient Type
Adults
Pediatrics
By Country
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type
Hearing Aid Devices
Behind-The-Ear (BTE) Hearing Aids
Receiver-In-Canal (RIC) Hearing Aids
In-The-Ear (ITE) Hearing Aids
In-The-Canal (ITC) Hearing Aids
Completely-In-Canal (CIC) Hearing Aids
Others
Hearing Implants
Cochlear Implants
Bone-anchored Systems
By Type of Hearing Loss
Conductive Hearing Loss
Sensorineural Hearing Loss
Mixed Hearing Loss
By Patient Type
Adults
Pediatrics
By Country
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Product Type
Hearing Aid Devices
Behind-The-Ear (BTE) Hearing Aids
Receiver-In-Canal (RIC) Hearing Aids
In-The-Ear (ITE) Hearing Aids
In-The-Canal (ITC) Hearing Aids
Completely-In-Canal (CIC) Hearing Aids
Others
Hearing Implants
Cochlear Implants
Bone-anchored Systems
By Type of Hearing Loss
Conductive Hearing Loss
Sensorineural Hearing Loss
Mixed Hearing Loss
By Patient Type
Adults
Pediatrics
By Country
GCC
Israel
Rest of Middle East
Africa
By Product Type
Hearing Aid Devices
Behind-The-Ear (BTE) Hearing Aids
Receiver-In-Canal (RIC) Hearing Aids
In-The-Ear (ITE) Hearing Aids
In-The-Canal (ITC) Hearing Aids
Completely-In-Canal (CIC) Hearing Aids
Others
Hearing Implants
Cochlear Implants
Bone-anchored Systems
By Type of Hearing Loss
Conductive Hearing Loss
Sensorineural Hearing Loss
Mixed Hearing Loss
By Patient Type
Adults
Pediatrics
By Country/Region
South Africa
Central Africa
North Africa
Company Profiles
Sonova *
Company Highlights
Products Portfolio
Key Highlights
Financial Performance
Strategies
Starkey Laboratories, Inc.
GN Hearing
Oticon
Demant A/S
Cochlear Ltd.
Eargo Inc.
WS Audiology A/S
RION Co., Ltd.
MED-EL (Medical Electronics)
Amplifon S.p.A,
Audina Hearing Instruments, Inc.
Sonic Innovations, Inc.
Zounds Hearing
“*” marked represents similar segmentation in other categories in the respective section.