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Global Hearing Healthcare Devices Market Growth 2019-2024
SKU ID : LPI-13870892 | Publishing Date : 19-Feb-2019 | No. of pages : 131
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 people’s 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.
According to this study, over the next five years the Hearing Healthcare Devices market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 9050 million by 2024, from US$ 7360 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hearing Healthcare Devices business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hearing Healthcare Devices market by product type, application, key manufacturers and key regions and countries.
This study considers the Hearing Healthcare Devices value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hearing Devices
Hearing Implants
Diagnostic Instruments
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hospital & Clinics
Home & Consumer Use
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
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
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: Breakdown data in in Chapter 3.
William Demant
Sonova
GN Store Nord
Sivantos Group
Widex
Starkey
Cochlear
MED-EL GmbH
Natus Medical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hearing Healthcare Devices consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hearing Healthcare Devices market by identifying its various subsegments.
Focuses on the key global Hearing Healthcare Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hearing Healthcare Devices 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).
To project the consumption of Hearing Healthcare Devices submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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 people’s 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.
According to this study, over the next five years the Hearing Healthcare Devices market will register a 3.5% CAGR in terms of revenue, the global market size will reach US$ 9050 million by 2024, from US$ 7360 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hearing Healthcare Devices business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hearing Healthcare Devices market by product type, application, key manufacturers and key regions and countries.
This study considers the Hearing Healthcare Devices value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Hearing Devices
Hearing Implants
Diagnostic Instruments
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hospital & Clinics
Home & Consumer Use
Others
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
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
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: Breakdown data in in Chapter 3.
William Demant
Sonova
GN Store Nord
Sivantos Group
Widex
Starkey
Cochlear
MED-EL GmbH
Natus Medical
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hearing Healthcare Devices consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hearing Healthcare Devices market by identifying its various subsegments.
Focuses on the key global Hearing Healthcare Devices manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hearing Healthcare Devices 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).
To project the consumption of Hearing Healthcare Devices submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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