Hearing Aids Market by Product and Technology - Global Industry Analysis and Forecast to 2027

Table of Contents

1. Introduction

1.1. Report Description

1.2. Research Methodology

1.2.1. Secondary Research

1.2.2. Primary Research

2. Executive Summary

2.1. Key Highlights

3. Market Overview

3.1. Introduction

3.1.1. Market Definition

3.1.2. Market Segmentation

3.2. Market Share Analysis

3.3. Market Dynamics

3.3.1. Drivers

3.3.1.1. Rising Levels of Noise Pollution

3.3.1.2. Prevalence of Birth Complications and Genetic Disorders

3.3.1.3. Demand for Advanced Miniature Hearing Devices

3.3.1.4. Technological Advancements

3.3.2. Restraints

3.3.2.1. High Cost of Devices

3.3.2.2. Lack of Infrastructure in Emerging Economies

3.3.3. Opportunities

3.3.3.1. Innovations in IT Application Enabled Devices such as Bluetooth and Wifi Devices

3.4. Industry Trends

4. Hearing Aids Market, By Product

4.1. Introduction

4.2. Hearing Aids Market Assessment and Forecast, By Product, 2017-2027

4.3. In-The-Ear Hearing Aids

4.3.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)

4.4. Behind-The-Ear Hearing Aids

4.4.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)

4.5. Receiver-In-The-Ear Hearing Aids

4.5.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)

4.6. Canal Hearing Aids

4.6.1. Market Assessment and Forecast, By Region, 2017-2027 ($Million)

5. Hearing Aids Market, By Technology

5.1. Introduction

5.2. The Hearing Aids Market Assessment and Forecast, By Technology, 2017-2027

5.2.1. Analog Hearing Aids

5.2.2. Market Assessment and Forecast, By Region, 2017-2027 ($Million)

5.2.3. Digital Hearing Aids

5.2.4. Market Assessment and Forecast, By Region, 2017-2027 ($Million)

6. Hearing Aids Market, By Region

6.1. Introduction

6.2. Hearing Aids Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.3. Hearing Aids Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.4. North America

6.4.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)

6.4.2. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.4.3. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.4.3.1. U.S.

6.4.3.1.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.4.3.1.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.4.3.2. Canada

6.4.3.2.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.4.3.2.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.4.3.3. Mexico

6.4.3.3.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.4.3.3.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.5. Europe

6.5.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)

6.5.2. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.5.3. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.5.3.1. Germany

6.5.3.1.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.5.3.1.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.5.3.2. France

6.5.3.2.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.5.3.2.2. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.5.3.3. UK

6.5.3.3.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.5.3.3.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.5.3.4. Italy

6.5.3.4.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.5.3.4.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.5.3.5. Spain

6.5.3.5.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.5.3.5.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.5.3.6. Russia

6.5.3.6.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.5.3.6.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.5.3.7. Rest of Europe

6.5.3.7.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.5.3.7.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.6. Asia-Pacific

6.6.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)

6.6.2. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.6.3. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.6.3.1. Japan

6.6.3.1.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.6.3.1.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.6.3.2. China

6.6.3.2.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.6.3.2.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.6.3.3. Australia

6.6.3.3.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.6.3.3.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.6.3.4. India

6.6.3.4.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.6.3.4.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.6.3.5. South Korea

6.6.3.5.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.6.3.5.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.6.3.6. Taiwan

6.6.3.6.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.6.3.6.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.6.3.7. Rest of Asia-Pacific

6.6.3.7.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.6.3.7.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.7. Rest of the World

6.7.1. Market Assessment and Forecast, By Country, 2017-2027 ($Million)

6.7.2. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.7.3. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.7.3.1. Brazil

6.7.3.1.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.7.3.1.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.7.3.2. Turkey

6.7.3.2.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.7.3.2.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.7.3.3. Saudi Arabia

6.7.3.3.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.7.3.3.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.7.3.4. South Africa

6.7.3.4.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.7.3.4.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.7.3.5. United Arab Emirates

6.7.3.5.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.7.3.5.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.7.3.6. Others

6.7.3.6.1. Market Assessment and Forecast, By Product, 2017-2027 ($Million)

6.7.3.6.2. Market Assessment and Forecast, By Technology, 2017-2027 ($Million)

6.7.3.6.3.

7. Company Profiles

7.1. Sonova Holding AG

7.1.1. Business Overview

7.1.2. Product Portfolio

7.1.3. Key Financials

7.1.4. Strategic Developments

7.2. William Demant Holdings A/S

7.2.1. Business Overview

7.2.2. Product Portfolio

7.2.3. Key Financials

7.2.4. Strategic Developments

7.3. ReSound

7.3.1. Business Overview

7.3.2. Product Portfolio

7.3.3. Key Financials

7.3.4. Strategic Developments

7.4. Benson Hearing

7.4.1. Business Overview

7.4.2. Product Portfolio

7.4.3. Key Financials

7.4.4. Strategic Developments

7.5. MED-EL

7.5.1. Business Overview

7.5.2. Product Portfolio

7.5.3. Key Financials

7.5.4. Strategic Developments

7.6. Micro Tech Systems

7.6.1. Business Overview

7.6.2. Product Portfolio

7.6.3. Key Financials

7.6.4. Strategic Developments

7.7. Siemens Healthcare GmbH

7.7.1. Business Overview

7.7.2. Product Portfolio

7.7.3. Key Financials

7.7.4. Strategic Developments

7.8. Medtronic

7.8.1. Business Overview

7.8.2. Product Portfolio

7.8.3. Key Financials

7.8.4. Strategic Developments

7.9. Starkey Hearing Technologies

7.9.1. Business Overview

7.9.2. Product Portfolio

7.9.3. Key Financials

7.9.4. Strategic Developments

7.10. Widex A/S

7.10.1. Business Overview

7.10.2. Product Portfolio

7.10.3. Key Financials

7.10.4. Strategic Developments

---

List of Tables

Table 1.Global Hearing Aids Market, By Product ($Million), 2017-2025
Table 2.In-The-Ear Hearing Aids Market, By Region ($Million), 2017-2025
Table 3.Behind-The-Ear Hearing Aids, By Region ($Million), 2017-2025
Table 4.Receiver-In-The-Ear Hearing Aids Market, By Region ($Million), 2017-2025
Table 5.Canal Hearing Aids Market, By Region ($Million), 2017-2025
Table 6.Global Hearing Aids Market, By Technology ($Million), 2017-2025
Table 7.Analog Hearing Aids Market, By Region ($Million), 2017-2025
Table 8.Digital Hearing Aids Market, By Region ($Million), 2017-2025
Table 9.Hearing Aids Market, By Region ($Million), 2017-2025
Table10.North America Hearing Aids Market, By Country, 2017-2025 ($Million)
Table11.North America Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 12.North America Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 13.U.S. Hearing Aids Market, by Product, 2017-2025 ($Million)
Table 14.U.S. Hearing Aids Market, by Technology, 2017-2025 ($Million)
Table 15.Canada Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 16.Canada Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 17.Mexico Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 18.Mexico Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 19.Europe Hearing Aids Market, By Country, 2017-2025 ($Million)
Table 20.Europe Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 21.Europe Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 22.Germany Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 23.Germany Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 24.France Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 25.France Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 26.UK Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 27.UK Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 28.Italy Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 29.Italy Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 30.Spain Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 31.Spain Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 32.Russia Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 33.Russia Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 34.Rest of Europe Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 35.Rest of Europe Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 36.Asia-Pacific Hearing Aids Market, By Country, 2017-2025 ($Million)
Table 37.Asia-Pacific Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 38.Asia-Pacific Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 39.Japan Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 40.Japan Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 41.China Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 42.China Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 43.Australia Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 44.Australia Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 45.India Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 46.India Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 47.South Korea Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 48.South Korea Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 49.Taiwan Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 50.Taiwan Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 51.Rest of Asia-Pacific Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 52.Rest of Asia-Pacific Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 53.Rest of the World Hearing Aids Market, By Country, 2017-2025 ($Million)
Table 54.Rest of the World Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 55.Rest of the World Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 56.Brazil Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 57.Brazil Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 58.Turkey Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 59.Turkey Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 60.Saudi Arabia Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 61.Saudi Arabia Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 62.South Africa Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 63.South Africa Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 64.United Arab Emirates Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 65.United Arab Emirates Hearing Aids Market, By Technology, 2017-2025 ($Million)
Table 66.Others Hearing Aids Market, By Product, 2017-2025 ($Million)
Table 67.Others Hearing Aids Market, By Technology, 2017-2025 ($Million)

---

List of Figures

Figure 1.Global Hearing Aids Market Share, By Product, 2017 & 2025
Figure 2.Hearing Aids Market, By Technology, 2017, ($Million)
Figure 3.Hearing Aids Market, By Region, 2017, ($Million)
Figure 4.Sonova Holding AG: Net Revenues, 2017-2017 ($Million)
Figure 5.Sonova Holding AG: Net Revenue Share, By Segment, 2017
Figure 6.Sonova Holding AG: Net Revenue Share, By Geography, 2017
Figure 7.William Demant Holdings A/S: Net Revenues, 2017-2017 ($Million)
Figure 8.William Demant Holdings A/S: Net Revenue Share, By Segment, 2017
Figure 9.William Demant Holdings A/S: Net Revenue Share, By Geography, 2017
Figure 10.ReSound: Net Revenues, 2017-2017 ($Million)
Figure 11.ReSound: Net Revenue Share, By Segment, 2017
Figure 12.ReSound: Net Revenue Share, By Geography, 2017
Figure 13.Benson Hearing: Net Revenues, 2017-2017 ($Million)
Figure 14.Benson Hearing: Net Revenue Share, By Segment, 2017
Figure 15.Benson Hearing: Net Revenue Share, By Geography, 2017
Figure 16.MED-EL: Net Revenues, 2017-2017 ($Million)
Figure 17.MED-EL: Net Revenue Share, By Segment, 2017
Figure 18.MED-EL: Net Revenue Share, By Geography, 2017
Figure 19.Micro Tech Systems: Net Revenues, 2017-2017 ($Million)
Figure 20.Micro Tech Systems: Net Revenue Share, By Segment, 2017
Figure 21.Micro Tech Systems: Net Revenue Share, By Geography, 2017
Figure 22.Siemens Healthcare GmbH: Net Revenues, 2017-2017 ($Million)
Figure 23.Siemens Healthcare GmbH: Net Revenue Share, By Segment, 2017
Figure 24.Siemens Healthcare GmbH: Net Revenue Share, By Geography, 2017
Figure 25.Medtronic: Net Revenues, 2017-2017 ($Million)
Figure 26.Medtronic: Net Revenue Share, By Segment, 2017
Figure 27.Medtronic: Net Revenue Share, By Geography, 2017
Figure 28.Starkey Hearing Technologies: Net Revenues, 2017-2017 ($Million)
Figure 29.Starkey Hearing Technologies: Net Revenue Share, By Segment, 2017
Figure 30.Starkey Hearing Technologies: Net Revenue Share, By Geography, 2017
Figure 31.Widex A/S: Net Revenues, 2017-2017 ($Million)
Figure 32.Widex A/S: Net Revenue Share, By Segment, 2017
Figure 32.Widex A/S: Net Revenue Share, By Geography, 2017

Research Methodology

We use both primary as well as secondary research for our market surveys, estimates and for developing forecast. Our research process commence by analyzing the problem which enable us to design the scope for our research study. Our research process is uniquely designed with enough flexibility to adjust according to changing nature of products and markets, while retaining core element to ensure reliability and accuracy in research findings. We understand both macro and micro-economic factors to evaluate and forecast different market segments.

Data Mining

Data is extensively collected through various secondary sources such as annual reports, investor presentations, SEC filings, and other corporate publications. We also refer trade magazines, technical journals, paid databases such as Factiva and Bloomberg, industry trade journals, scientific journals, and social media data to understand market dynamics and industry trends. Further, we also conduct primary research to understand market drivers, restraints, opportunities, challenges, and competitive scenario to build our analysis.

Data Collection Matrix

Data Collection Matrix	Supply Side	Demand Side
Primary Data Sources	Manufacturers Distributors & Wholesalers GPOs	Physicians/Specialist Healthcare Providers Consumers
Secondary Data Sources	Annual Reports/SEC Filings/ Investor Presentations/ Press Releases Government/Associations Publications	Case Studies Reference Customers

 

Market Modeling and Forecasting

We use epidemiology and capital equipment-based models to forecast market size of different segments at country and regional level.

• Epidemiology-based Forecasting Model: This method uses epidemiology data gathered through various publications and from physicians to estimate population of patients, flow of treatment of individual disease and therapies. The data collected through this method includes statics on incidence of disease, population suffering from disease, and treatment population. This method is used to understand:

• Number of patients for particular device or medical procedure and
• Repeated use of particular device depending on health and condition of patient

• Capital-based Forecasting Model: This method of forecasting is based on number of replacements, installed-based and new sales of capital equipment used in various healthcare and diagnostic centers. These three parameters are calculated and forecast is developed. Installation base is calculated as average number of units per facility; while sales for particular year is calculated from number of new and replace units. Secondary data is collected through various supply chain intermediaries and opinion leaders to arrive at installation and sales rate. These techniques help our analysts in validating market and developed market estimates and forecast.

We do forecast on basis of several parameters such as market drivers, market opportunities, industry trends government regulations, raw materials supply and trade dynamics to ensure relevance of forecast with market scenario. With increasing need to granulized information, we used bottom-up methodology for forecasting where we evaluate each regional segment differently and combined all forecast to develop final market forecast.

Data Validation

We believe primary research is a very important tool in analyzing and forecasting different markets. In order to make sure accuracy of our findings, our team conducts primary interviews at every stage of research to gain deep insights into current business environment and future trends and key developments in market. This includes use of various methods such as telephonic interviews, focus groups, face to face interviews and questionnaires to validate our research from all aspects. We validate our data through primary research from key industry leaders such as CEO, product managers, marketing managers, suppliers, distributors, and consumers are frequently interviewed. These interviews provide valuable insights which help us to have better market understanding besides validating our estimates and forecast.

Data Triangulation

Industry Analysis

Qualitative Data	Quantitative Data (2017-2025)
Market Dynamics (Drivers, Restraints, and Challenges) Industry Trend Analysis Market Opportunities Government Policies and Regulations, Patent Analysis, and Reimbursement Policies Porter’s Five Forces and PESTLE Analysis Key Developments and Competitive Landscape	Market Assessment and Forecast Market Assessment and Forecast, By Product Market Assessment and Forecast, By Technology Market Assessment and Forecast, By Application Market Assessment and Forecast, By End User Market Assessment and Forecast, By Region/Country