市場調査レポート
商品コード
1128625
聴覚機器市場 - 成長、将来展望、競合分析、2022年~2030年Audiological Devices Market - Growth, Future Prospects and Competitive Analysis, 2022 - 2030 |
聴覚機器市場 - 成長、将来展望、競合分析、2022年~2030年 |
出版日: 2022年08月29日
発行: Acute Market Reports
ページ情報: 英文 111 Pages
納期: 即日から翌営業日
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世界の補聴器の市場規模は、2021年に115億7,410万米ドルとなりました。同市場は2022年~2030年の予測期間中に5.5%のCAGRで拡大し、2030年までに186億4,900万米ドルに達すると予測されています。
当レポートでは、世界の聴覚機器市場について調査し、市場の概要とともに、製品タイプ別、技術別、販売チャネル別、地域別の動向、および市場に参入する企業のプロファイルなどを提供しています。
Key Market Insights
The global audiological devices market accounted for US$ 11,574.1 Mn in 2021 and is anticipated to grow to US$ 18,649.0 Mn growing at a CAGR of 5.5% throughout the forecast period from 2022 to 2030. In 2021, in terms of volume market register sales of 18.50 Mn units and anticipated to reach 30.38 Mn Units expanding at a CAGR of 5.7%.
The audiological devices market is driven majorly by the increasing aging population and rising number of hearing disorders globally. The growth in the market is proliferated by increasing research and development activities in both developing and developed economies coupled with rapid technological advancements in the market. The rising appeal of cosmetic appeal of modern devices and rising incidence of deafness, effective devices, and cost-effectiveness of the hearing devices are further boosting the market growth. Additionally increasing sales from high-quality care with modern and innovative hearing aids are further boosting the demand of the market. According to the statistics generated by Hearing Industry Association net unit sales in the United States grew by 3.7% with 4.0% growth in private sector and 0.92% for Department of Veteran Affairs.
In addition, hearing impairment is very prevalent, according to a report by World Health Organization (WHO), in 2012, 360 million people had hearing impairment which is more than 5% of world population, and out of these 32 million are children. According to WHO in 2017, 1/3rd of the adults above the age of 65 years have a disabling hearing impairment. The main causes of hearing impairment in adults include ageing, exposure to excessive noise, and use of particular drugs. The market size is set to increase due to demographic trends such as increasing life expectancy. This trend is especially noticeable in low and middle income countries such as South Asia and sub-Saharan Africa region where the prevalence of hearing impairment is higher than other world regions.
Product Analysis
Based on product, the audiological devices market is classified into hearing aid, hearing implants, diagnostic instruments and bone anchored hearing aid (BAHA) segments. Hearing aid segment dominated the global audiological devices market and accounted for more than 40% of revenue generated. This is due to rapid technological advancements, rising prevalence of hearing loss and increasing geriatric population among others.
In contrast, hearing implants segment anticipated to register fastest growth throughout the forecast period. According to a report by world health organization (WHO) in 2019, more than 460 million people have disabling hearing loss and out of 134 million babies born every year more than 150,000 are candidates for cochlear implants. This has created the demand for audiological devices and boosting the market growth in the segment.
Sales Channel Analysis
On the basis of sales channel, the global audiological devices market is classified into retail, e-commerce and others. The retail segment dominated the market and is expected to remain dominant throughout the forecast period. This can be associated to the penetration of big retail stores coupled with consumers preference to buy devices from retail stores especially in countries such as the US, and China among others. According to a recent study, in 2016, in the US, more than 3 million units were sold out of which more than 75% were sold through private market.
On the flip side, e-commerce segment expected to expand with highest growth rate during the forecast period in the global audiological devices market. Owing to rising adoption of e-commerce medium to sell hearing aid products by manufacturers coupled with online support services and consultation. This in turn is propelling the market growth of the segment in global audiological devices market.
Regional Analysis
In 2021, North America region dominated the audiological devices market and accounted for around 40% of revenue generated globally followed by Europe. This is due to, rising number of incidence of hearing impairment and advancement in audiology systems. According to research study by American Hearing Research Foundation, in the US, approximately 0.2% of the population is suffering from hearing impairment and every year more than 45,000 new cases are diagnosed.
In contrast, Asia Pacific region expected to expand at a significant growth rate. Owing to the presence of large geriatric population especially in China, increasing research and development activities and government initiatives among others. According to report by WHO, in 2019, the prevalence of hearing loss in adults over the age 65 is highest in the Asia Pacific region. Thus the demand for global audiological devices is propelled.
List of Companies Covered:
William Demant Holdings A/S
Starkey Hearing Technologies
Widex A/S
GN ReSound Group
Sonova Holdings AG
Amplifon SpA
Cochlear Limited
GN Store Nord
Siemens Healthcare
MedRx
Key Industry Development:
In January 2019, Prodways group announced the acquisition of Surdifuse-L. This in turn will help the companies to develop new product and increase their product portfolio in the market.
Historical & Forecast Period:
This study report represents analysis of each segment from 2020 to 2030 considering 2021 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2022 to 2030.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Audiological Devices market are as follows:
Micro and macro environment factors that are currently influencing the Audiological Devices market and their expected impact during the forecast period.
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE DETAILS
Research Period 2020-2030
Base Year 2021
Forecast Period 2022-2030
Historical Year 2020
Unit USD Million
Segmentation
Product Type
Hearing Aid
Hearing Implants
Diagnostic Instruments
Bone Anchored Hearing Aid (BAHA)
Technology
Digital
Analog
Sales Channel
Retail
E-commerce
Others (Private & Public Initiatives, National Health Programs)
Region Segment (2020-2030; US$ Million)
North America
U.S.
Canada
Rest of North America
UK and European Union
UK
Germany
Spain
Italy
France
Rest of Europe
Asia Pacific
China
Japan
India
Australia
South Korea
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East and Africa
GCC
Africa
Rest of Middle East and Africa
Global Impact of COVID-19 Segment (2020-2021; US$ Million )
Pre COVID-19 situation
Post COVID-19 situation
Key questions answered in this report