Press release
Adult Hearing Aids Market Dynamics, Major Companies Analysis and Forecast to 2025: William Demant, Sonova, Starkey, Sivantos, GN ReSound, Widex, Rion, Sebotek Hearing Systems, Audina Hearing Instruments
ReportsWeb.com has announced the addition of the “2018-2023 Global Adult Hearing Aids Consumption Market Report” The report classifies the global Adult Hearing Aids Market in a precise manner to offer detailed insights about the aspects responsible for augmenting as well as restraining market growth.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 average price of Adult Hearing Aids is in the increasing trend, from 482 USD/Unit in 2013 to 508 USD/Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.
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 in 2017 is about 75%, and the proportion is in increasing trend from 2013 to 2017.
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 in 2017 is 82%.
North America and Europe are the two largest consumption place, with a similar consumption market share nearly 34% in 2017.
Over the next five years, Publisher projects that Adult Hearing Aids will register a 7.0% CAGR in terms of revenue, reach US$ 10100 million by 2023, from US$ 6760 million in 2017.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: William Demant, Sonova, Starkey, Sivantos, GN ReSound, Widex, Rion, Sebotek Hearing Systems, Audina Hearing Instruments, Microson, Audicus, Horentek, Arphi Electronics.
This report also splits the market by region: Americas, United States, Canada, Mexico, Brazil, APAC, China, Japan, Korea, Southeast Asia, India, Australia, Europe, Germany, France, UK, Italy, Russia, Spain, Middle East & Africa, Egypt, South Africa, Israel, Turkey, GCC Countries.
This report presents a comprehensive overview, market shares, and growth opportunities of Adult Hearing Aids market by product type, application, key manufacturers and key regions.
To calculate the market size, Publisher considers value and volume generated from the sales of the following segments:
Segmentation by product 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
Segmentation by application:
Congenital Hearing Loss
Age-Related Hearing Loss
Acquired Trauma Hearing Loss
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Table of Contents
2018-2023 Global Adult Hearing Aids Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
3 Global Adult Hearing Aids by Players
4 Adult Hearing Aids by Regions
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Adult Hearing Aids Market Forecast
12 Key Players Analysis
12.1 William Demant
12.1.1 Company Details
12.1.2 Adult Hearing Aids Product Offered
12.1.3 William Demant Adult Hearing Aids Sales, Revenue, Price and Gross Margin (2016-2018)
12.1.4 Main Business Overview
12.1.5 William Demant News
12.2 Sonova
12.2.1 Company Details
12.2.2 Adult Hearing Aids Product Offered
12.2.3 Sonova Adult Hearing Aids Sales, Revenue, Price and Gross Margin (2016-2018)
12.2.4 Main Business Overview
12.2.5 Sonova News
13 Research Findings and Conclusion
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