Adult Hearing Aids Market is anticipated to reach US$ 13100 million, witnessing a CAGR of 5.6% during the forecast period 2024-2030

Adult Hearing Aids Market is anticipated to reach US$ 13100 million, witnessing a CAGR of 5.6% during the forecast period 2024-2030
Rising Geriatric Population Boosts Adult Hearing Aids Market
Delve into the Adult Hearing Aids Market, poised to hit $13100 million by 2030, with a 5.6% CAGR driven by the increasing geriatric population. Gain insights into technological advancements and market dynamics.

Synopsis

A hearing aid or deaf aid is an electroacoustic device which is designed to amplify sound for the wearer, usually with the aim of making speech more intelligible, and to correct impaired hearing as measured by audiometry. Different types of hearing aids are made to accommodate different types of hearing loss.

The global Adult Hearing Aids Market was valued at US$ 8904.3 million in 2023 and is anticipated to reach US$ 13100 million by 2030, witnessing a CAGR of 5.6% during the forecast period 2024-2030.

The classification of Adult Hearing Aids includes Behind-the-ear (BTE) Hearing Aids, In-the-ear (ITE) Hearing Aids, In-The-Canal (ITC) Hearing Aids and Completely-In-Canal (CIC) Hearing Aids, and the proportion of Behind-the-ear (BTE) Hearing Aids is about 75%.

Adult Hearing Aids is widely used for congenital hearing loss, age-related hearing loss and acquired trauma hearing loss. The most proportion of Adult Hearing Aids is used for age-related hearing loss, and the proportion is 82%.

North America and Europe are the two largest consumption place, with a similar consumption market share nearly 34%.

Market competition is not intense. William Demant, Sonova, Starkey, Sivantos, GN ReSound and Widex, etc. are the leaders of the industry, with about 93% market shares.

This report aims to provide a comprehensive presentation of the global market for Adult Hearing Aids, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Adult Hearing Aids.

Report Scope

The Adult Hearing Aids market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Adult Hearing Aids market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Adult Hearing Aids manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

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Market Segmentation

By Company

  • William Demant
  • Sonova
  • Starkey
  • Sivantos
  • GN ReSound
  • Widex
  • Rion
  • Sebotek Hearing Systems
  • Audina Hearing Instruments
  • Microson
  • Audicus
  • Horentek
  • Arphi Electronics

 

Segment by Type

  • Behind-the-Ear (BTE) Hearing Aids
  • In-the-Ear (ITE) Hearing Aids
  • In-The-Canal (ITC) Hearing Aids
  • Completely-In-Canal (CIC) Hearing Aids

 

Segment by Application

  • Congenital Hearing Loss
  • Age-Related Hearing Loss
  • Acquired Trauma Hearing Loss

 

Production by Region

  • North America (United States, Canada and Mexico)
  • Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
  • South America (Brazil, Argentina, Colombia, and Rest of South America)
  • Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

 

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Detailed analysis of Adult Hearing Aids manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Adult Hearing Aids by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.

Chapter 4: Consumption of Adult Hearing Aids in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.

Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: The main points and conclusions of the report.

Read More Related Research Reports:

Receiver-in-the-ear Hearing Aids Market: https://www.themarketreports.com/report/global-receiver-in-the-ear-hearing-aids-market-research-report

In-the-ear Hearing Aids Market: https://www.themarketreports.com/report/global-in-the-ear-hearing-aids-market-research-report

Hearing Aids and Audiology Devices Market: https://www.themarketreports.com/report/global-hearing-aids-and-audiology-devices-market-research-report

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