Hearing Aid Market Demand, Trends and Business Opportunities 2022-2027 - PowerPoint PPT Presentation

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Hearing Aid Market Demand, Trends and Business Opportunities 2022-2027

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The global hearing aid market reached a value of US$ 6.0 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 8.7 Billion by 2027, exhibiting a CAGR of 6.47% during 2022-2027. More info: – PowerPoint PPT presentation

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Title: Hearing Aid Market Demand, Trends and Business Opportunities 2022-2027


1
Global Hearing Aid Market Research and Forecast
Report 2022-2027




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
2
About IMARC Group
Report Description
International Market Analysis Research and
Consulting Group is a leading adviser on
management strategy and market research
worldwide. We partner with clients in all regions
and industry verticals to identify their
highest-value opportunities, address their most
critical challenges, and transform their
businesses. IMARCs information products include
major market, scientific, economic and
technological developments for business leaders
in pharmaceutical, industrial, and high
technology organizations. Market forecasts and
industry analysis for biotechnology, advanced
materials, chemicals, food and beverage, travel
and tourism, nanotechnology and novel processing
methods are at the top of the companys
expertise. IMARCs tailored approach combines
unfathomable insight into the dynamics of
companies and markets with close cooperation at
all levels of the client organization. This
ensures that our clients achieve unmatchable
competitive advantage, build more proficient
organizations, and secure lasting results.
3
Report Description and Highlights
Report Description
Global Hearing Aid Market Research Report
2022-2027 According to the latest report by
IMARC Group, titled Hearing Aid Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2022-2027, the global hearing aid
market reached a value of US 6.0 Billion in
2021. A hearing aid refers to a small
sound-amplifying electronic device usually worn
in or behind the ear by individuals with a
hearing impairment. This battery-powered device
primarily comprises an amplifier, microphone and
speaker. It works by converting the sound waves
into electrical signals and sending the amplified
sound to the ear. Nowadays, hearing aids are
available in various designs, types, and sizes
and can be customized as per the users
requirements. In recent years, they have gained
immense traction among individuals with hearing
disabilities as they assist in proper listening,
communicating, and participating in daily
activities. We are regularly tracking the
direct effect of COVID-19 on the market, along
with the indirect influence of associated
industries. These observations will be integrated
into the report. Request for a PDF sample of
this report https//www.imarcgroup.com/hearing-a
id-market/requestsample

4
Report Description and Highlights
Report Description

Global Hearing Aid Market Trends The
increasing prevalence of hearing disabilities and
the growing geriatric population represent the
primary factors driving the global market.
Besides this, leading manufacturers are heavily
investing in developing innovative hearing aids
powered by lithium-ion batteries that offer
better power than traditional batteries. This,
in confluence with recent technological
advancements, is accelerating the product
adoption rates. Other factors, including the
rising awareness regarding the benefits of
hearing aids, increasing consumer expenditure
capacities, improving healthcare infrastructure,
and ongoing research and development activities,
are also propelling the market growth. Looking
forward, the market is anticipated to grow at a
CAGR of 6.47 during 2022-2027. View Report
TOC, Figures and Tables https//www.imarcgroup.co
m/hearing-aid-market
5
Report Description and Highlights
Report Description
  • Key Market Segmentation
  • The research report includes the following
    segments
  • Breakup by Product Type
  • Hearing Devices
  • Behind-the-Ear (BTE)
  • Receiver-in-the Ear (RITE)
  • In-the-Ear (ITE)
  • Canal Hearing Aids (CHA)
  • Others
  • Hearing Implants
  • Cochlear Implants
  • BAHA Implants
  • Breakup by Hearing Loss
  • Sensorineural Hearing Loss
  • Conductive Hearing Loss


6
Report Description and Highlights
Report Description
  •  
  • Breakup by Patient Type
  • Adults
  • Pediatrics
  • Breakup by Technology Type
  • Analog
  • Digital
  • Breakup by End-User
  • Hospitals
  • ENT Clinics and Audiology Centres
  • Individual
  • Others
  • Breakup by Region
  • North America
  • Asia Pacific
  • Europe


7
Report Description and Highlights
Report Description
  •  
  • Competitive Landscape with Key Players
  • Sonova Holding AG
  • Starkey Laboratories
  • Inc.
  • MED-EL GmbH
  • Demant A/S
  • WS Audiology A/S
  • Widex A/S
  • Sivantos Group
  • GN Store Nord A/S
  • Cochlear Limited
  • SeboTek Hearing Systems LLC
  • ReSound Group (GN Hearing A/S)
  • AGX Hearing (Audigy Group)
  • Audina Hearing Instruments, Inc.
  • Lisound Hearing Aid (Fuzhou) Co., Ltd.
  • Banglijian
  • GlaxoSmithKline plc


8
Key Questions Answered in the Report
Report Description

1. What was the size of the global hearing aid
market in 2021? 2. What is the expected growth
rate of the global hearing aid market during
2022-2027? 3. What are the key factors driving
the global hearing aid market? 4. What has been
the impact of COVID-19 on the global hearing aid
market? 5. What is the breakup of the global
hearing aid market based on the product type? 6.
What is the breakup of the global hearing aid
market based on the hearing loss? 7. What is the
breakup of the global hearing aid market based on
the patient type? 8. What is the breakup of the
global hearing aid market based on the technology
type? 9. What is the breakup of the global
hearing aid market based on the end-user? 10.
What are the key regions in the global hearing
aid market?
9
Table of Contents
Report Description

1 Preface 2 Scope and Methodology 2.1
Objectives of the Study 2.2 Stakeholders
2.3 Data Sources 2.3.1 Primary
Sources 2.3.2 Secondary Sources
2.4 Market Estimation 2.4.1
Bottom-Up Approach 2.4.2 Top-Down
Approach 2.5 Forecasting Methodology 3
Executive Summary 4 Introduction 4.1
Overview 4.2 Key Industry Trends 5
Global Hearing Aid Market 5.1 Market
Overview 5.2 Market Performance 5.3
Impact of COVID-19 5.4 Market Breakup by
Product Type
10
Table of Contents
Report Description
6 Market Breakup by Product Type 6.1
Hearing Devices 6.1.1 Market Trends
6.1.2 Major Types
6.1.2.1 Behind-the-Ear (BTE)
6.1.2.2 Receiver-in-the Ear (RITE)
6.1.2.3 In-the-Ear (ITE)
6.1.2.4 Canal Hearing Aids (CHA)
6.1.2.5 Others 6.1.3 Market
Forecast 6.2 Hearing Implants
6.2.1 Market Trends 6.2.2 Major
Types 6.2.2.1 Cochlear
Implants 6.2.2.2 BAHA
Implants 6.2.3 Market Forecast Click
here to visit the complete table of content with
list of figures and tables https//www.imarcgrou
p.com/hearing-aid-market/toc

11
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
12
Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
13
Report Description and Highlights
Report Description

2022 IMARC All Rights Reserved This
Publication and all its contents unless
otherwise mentioned are copyrighted in the name
of International Market Analysis Research and
Consulting (IMARC). No part of this publication
may be reproduced, repackaged, redistributed or
resold in whole or in any part. The publication
may also not be used in any form or by and means
graphic electronic or mechanical, including
photocopying, recording, taping or by information
storage or retrieval, or by any other form,
without the express consent of International
Market Analysis Research and Consulting
(IMARC). Disclaimer All contents and data of
this publication, including forecasts, data
analysis and opinion have been based on
information and sources believed to be accurate
and reliable at the time of publishing.
International Market Analysis Research and
Consulting makes no representation of warranty of
any kind as to the accuracy or completeness of
any Information provided. IMARC accepts no
liability whatsoever for any loss or damage
resulting from opinion, errors or inaccuracies if
any found this publication. IMARC, IMARC Group
and Global Therapy Insight Series are registered
trademarks of International Market Analysis
Research and Consulting. All other trademarks
used in this publication are registered
trademarks of their respective companies.
14

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