Press release
Hearing Healthcare Devices Market Overview, SWOT Analysis, Trends and Forecast 2018-2025
This report studies the global market size of Hearing Healthcare Devices in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Hearing Healthcare Devices in these regions.This research report categorizes the global Hearing Healthcare Devices market by top players/brands, region, type and end user. This report also studies the global Hearing Healthcare Devices market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
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Three groups of hearing healthcare devices are covered in this report:1. Hearing Devices: Hearing aids and accessories; 2. Hearing Implants: Mainly the Bone-anchored hearing systems and cochlear implants; 3. Diagnostic Instruments: Devices used for hear testing and evaluating hearing loss.
In Healthcare Hearing Devices sales market, there are mainly three broad categories: Hearing Aids, artificial hearing Implants and hearing Diagnostic Instruments. Hearing Aids are relatively in low price, while prices of artificial hearing Implants are almost 50 times more than hearing aids, Which lead to a much bigger market share (26.53%) in revenue than sales volume (0.59%), for artificial implants.
In this report, we consider the final end users as the end-use market/application. Clinics, Individual consumers and other medical organizations are analyzed. The hearing aids are mainly designed for individual use, and this market is growing bigger with the growing aged population. Hearing diagnostic devices are essential Instruments for most otology hospitals and clinics, it is also seeing a constant growing trend with peoples overall growing health awareness. At present, Europe companies are the main production market. Europe and USA will keep leading the market in the forecast period.
In 2016, total Hearing Healthcare Devices Sales are about 13.83 million units, hearing aids sold about 13.67 million units, taking the most market share. Total market revenue is about 7148 million USD in 2016, hearing implants sold about 1769 million USD, with 10.4% growth rate compared to 2015 revenue.
The global Hearing Healthcare Devices market is valued at 7360 million US$ in 2017 and will reach 9840 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2018-2025. The objectives of this study are to define, segment, and project the size of the Hearing Healthcare Devices market based on company, product type, end user and key regions.
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The following manufacturers are covered in this report, with sales, revenue, market share for each company:
William Demant
Sonova
GN Store Nord
Sivantos Group
Widex
Starkey
Cochlear
MED-EL GmbH
Natus Medical
Market size by Product
Hearing Devices
Hearing Implants
Diagnostic Instruments
Market size by End User
Hospital & Clinics
Home & Consumer Use
Others
Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
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