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Global Hearing Aids And Implants Market: Trends, Opportunities And Forecasts (2016-2021) (By Region, By Sub-types: Behind-The-Ear (BTE), In-The-Ear (ITE), Receiver In-The-Ear(RITE), In-The-Canal(ITC), Completely-In-The-Canal (CIC); By Implants-Cochlear, Others; By End Purchase - Independent, Retail, Wholesale, Government; By Country - USA, Canada, Brazil, Mexico, UK, Germany, India, China, South Africa)
Published on: May 2016 | From USD $2200 | Published By: AZOTH ANALYTICS | Number Of Pages: 205
Executive Summary
Hearing aids and implants is witnessing growth on account of growing incidences of hearing loss globally where developed economies including North America and Europe are the major markets due to higher adoption rate whereas emerging economies such as Asia Pacific and Latin America are witnessing rapid growth driven by high per capita expenditure.
Rise in the aging population giving rise to increasing incidences of hearing loss combined with higher Internet savvy adult population leading active lifestyles. However, limited reimbursement coverage mainly in developing countries is supressing the growth of hearing aids and implants market, resulting in higher out of pocket expenses of patients.
Technological improvements in hearing implants is growing mainly among the increasing paediatric population whereas expansion of retail channel is giving rise to quick availability and wide range of portfolio driven by the private purchasing of hearing aids.
Research Methodology
The objective of the research is to present the historical growth (2011-2015) and the future projections (2016-2021) of the global hearing aids and implants market (global, regional, country-specific) by various segments (Hearing Aids and their sub-types: Behind-The-Ear (BTE), In-The-Ear (ITE), Receiver In-The-Ear(RITE), In-The-Canal(ITC), Completely-In-The-Canal (CIC), Others and Hearing Implants and their sub-types : Cochlear Implant, Other Implants, By End Purchase: Independent Purchase, Retail, Buying Groups/Wholesale, Government). Historical market trend of contact catering has been figured out through secondary research (associations, annual reports, magazines, journals) and by various paid databases. For presenting the dynamics of the industry and future projections, primary research was conducted and experts from the industry were interviewed.
Scope of the Report
The report provides Segmentation by Type
- Hearing Aids
- Hearing Implants
The report provides Segmentation by Sub- Type
- Hearing Aids : Behind-The-Ear (BTE), In-The-Ear (ITE), Receiver In-The-Ear(RITE), In-The-Canal(ITC), Completely-In-The-Canal (CIC), Others
- Hearing Implants : Cochlear Implant, Other Implants
The report provides Segmentation by End-Purchase
- Independent Purchase
- Retail
- Buying Groups/Wholesale
- Government
The report provides coverage by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa (MEA)
The report provides coverage by Country
- United States
- Canada
- United Kingdom
- Germany
- China
- India
- Brazil
- Mexico
- South Africa
Customization of the Report
The report could be customized according to the client’s specific research requirements. No additional cost will be required to pay for limited additional research.
1. Research Methodology
2. Executive Summary
3. Strategic Recommendations
3.1. Leverage the High Growth Cochlear Implants Segment
3.2. Shifting Demand towards In-The-Canal Hearing Aids
3.3. Expansion towards the Retail Segment
3.4. APAC Market To Gain Traction
4. Global Hearing Aids and Implants Market: An Overview
4.1. Product Overview
4.1.1. Global Hearing Aids and Implants Market, By Value 2011-2015
4.1.2. Global Hearing Aids and Implants Market, By Value 2016-2021F
4.2. Global Hearing Aids and Implants Market: By Type (Hearing Aids, Hearing Implants)
Global Hearing Aids Market
4.2.1. By Value (Historic 2011-15)
4.2.2. By Value ( Forecast 2016E-2021F)
Global Hearing Implant Market
4.2.3. By Value (Historic 2011-15)
4.2.4. By Value (Forecast 2016E-2021F)
4.3. Global Hearing Aids Market Size By Sub-Type- BTE, ITE, RITE, ITC, Completely-In-The-Canal CIC
4.3.1. By Type - Actual (2016E) and
4.3.2. By Type - Forecast (2021F)
4.4. Global Hearing Implants Market Size By Sub-Type: Cochlear Implant, Other Implants
4.4.1. By Type - Actual (2016E)
4.4.2. By Type - Forecast (2021F)
4.5. Global Hearing Aids and Implants Market Size, By End User (Independent Purchase, Retail, Buying Groups/Wholesale, Government)
4.5.1. By Type- Actual (2016E)
4.5.2. By Type- Forecast (2021F)
4.6. Global Hearing Aids and Implants Market Size, By Technology (Analog, Digital)
4.6.1. By Type- Actual (2016E)
4.6.2. By Type- Forecast (2021F)
5. North America Hearing Aids and Implants Market: An Overview
5.1. North America Hearing Aids and Implants Market: By Type (Hearing Aids, Hearing Implants)
North America Hearing Aids Market
5.1.1. By Value (Historic 2011-15)
5.1.2. By Value Forecast 2016E-2021F)
North America Hearing Implant Market
5.1.3. By Value (Historic 2011-15)
5.1.4. By Value (Forecast 2016E-2021F)
5.2. North America Hearing Aids and Implants Market
5.2.1. North America Hearing Aids and Implants Market, By Value 2011-2015
5.2.2. North America Hearing Aids and Implants Market, By Value 2016-2021F
5.3. North America Hearing Aids and Implants Market Size, By Country - USA, Canada (2011-2021F)
5.4. North America Aids Market Size By Sub-Type- BTE, ITE, RITE, ITC, Completely-In-The-Canal CIC
5.4.1. By Type - Actual (2016E) and
5.4.2. By Type - Forecast (2021F)
5.5. North America Hearing Implant Market Size By Sub-Type - Cochlear Implant, Other Implants
5.5.1. By Type - Actual (2016E) and
5.5.2.By Type - Forecast (2021F)
5.6. North America Hearing Aids and Implants Market Size, By End User (Independent Purchase, Retail, Buying Groups/Wholesale, Government)
5.6.1. By Type - Actual (2016E) and
5.6.2. By Type - Forecast (2021F)
6. Latin America Hearing Aids and Implants Market: An Overview
6.1. Latin America Hearing Aids and Implants Market: By Type (Hearing Aids, Hearing Implants)
Latin America Hearing Aids Market
6.1.1. By Value (Historic 2011-15)
6.1.2. By Value ( Forecast 2016E-2021F)
Latin America Hearing Implant Market
6.1.3. By Value (Historic 2011-15)
6.1.4. By Value Forecast 2016E-2021F)
6.2. Latin America Hearing Aids and Implants Market
6.2.1. Latin America Hearing Aids and Implants Market, By Value 2011-2015
6.2.2. Latin America Hearing Aids and Implants Market, By Value 2016-2021F
6.3. Latin America Hearing Aids and Implants Market Size, By Country - Brazil, Mexico (2011-2021F)
6.4. Latin America Hearing Aids Market Size By Sub -Type - BTE, ITE, RITE, ITC, Completely-In-The-Canal CIC
6.4.1. By Type- Actual (2016E)
6.4.2. By Type -Forecast (2021F)
6.5. Latin America Hearing Implant Market Size By Sub-Type - Cochlear Implant, Other Implants
6.5.1. By Type - Actual (2016E) and
6.5.2. By Type - Forecast (2021F)
6.6. Latin America Hearing Aids and Implants Market Size, By End User (Independent Purchase, Retail, Buying Groups/Wholesale, Government)
6.6.1. By Type - Actual (2016E) and
6.6.2. By Type - Forecast (2021F)
7. APAC Hearing Aids and Implants Market: An Overview
7.1. APAC Hearing Aids and Implants Market: By Type (Hearing Aids, Hearing Implants)
APAC Hearing Aids Market
7.1.1. By Value (Historic 2011-15)
7.1.2. By Value (Forecast 2016E-2021F)
APAC Hearing Implant Market
7.1.3. By Value (Historic 2011-15)
7.1.4. By Value (Forecast 2016E-2021F)
7.2. APAC Hearing Aids and Implants Market
7.2.1. APAC Hearing Aids and Implants Market, By Value 2011-2015
7.2.2. APAC Hearing Aids and Implants Market, By Value 2016-2021F
7.3. APAC Hearing Aids and Implants Market Size, By Country - India, China (2011-2021F)
7.4. APAC Hearing Aids Market Size By Sub -Type - BTE, ITE, RITE, ITC, Completely-In-The-Canal CIC
7.4.1. By Type- Actual (2016E)
7.4.2. By Type -Forecast (2021F)
7.5. APAC Hearing Implant Market Size By Sub-Type - Cochlear Implant, Other Implants
7.5.1. By Type - Actual (2016E)
7.5.2. By Type - Forecast (2021F)
7.6. APAC Hearing Aids and Implants Market Size, By End User (Independent Purchase, Retail, Buying Groups/Wholesale, Government)
7.6.1. By Type - Actual (2016E) and
7.6.2. By Type - Forecast (2021F)
8. Europe Hearing Aids and Implants Market: An Overview
8.1. Europe Hearing Aids and Implants Market: By Type (Hearing Aids, Hearing Implants)
Europe Hearing Aids Market
8.1.1. By Value (Historic 2011-15)
8.1.2. By Value (Forecast 2016E-2021F)
Europe Hearing Implant Market
8.1.3. By Value (Historic 2011-15)
8.1.4. By Value (Forecast 2016E-2021F)
8.2. Europe Hearing Aids and Implants Market
8.2.1. Europe Hearing Aids and Implants Market, By Value 2011-2015
8.2.2. Europe Hearing Aids and Implants Market, By Value 2016-2021F
8.3. Europe Hearing Aids and Implants Market Size, By Country - UK, Germany (2011-2021F)
8.4. Europe Hearing Aids Market Size By Sub -Type - BTE, ITE, RITE, ITC, Completely-In-The-Canal CIC
8.4.1. By Type- Actual (2016E)
8.4.2. By Type -Forecast (2021F)
8.5. Europe Hearing Implant Market Size By Sub-Type - Cochlear Implant, Other Implants
8.5.1. By Type - Actual (2016E)
8.5.2. By Type - Forecast (2021F)
8.6. Europe Hearing Aids and Implants Market Size, By End User (Independent Purchase, Retail, Buying Groups/Wholesale, Government)
8.6.1. By Type - Actual (2016E)
8.6.2. By Type - Forecast (2021F)
9. MEA Hearing Aids and Implants Market: An Overview
9.1. MEA Hearing Aids and Implants Market: By Type (Hearing Aids, Hearing Implants)
MEA Hearing Aids Market
9.1.1. By Value (Historic 2011-15)
9.1.2. By Value (Forecast 2016E-2021F)
MEA Hearing Implant Market
9.1.3. By Value (Historic 2011-15)
9.1.4. By Value (Forecast 2016E-2021F)
9.2. MEA Hearing Aids and Implants Market
9.2.1. MEA Hearing Aids and Implants Market, By Value 2011-2015
9.2.2. MEA Hearing Aids and Implants Market, By Value 2016-2021F
9.3. MEA Hearing Aids and Implants Market Size, By Country - South Africa (2011-2021F)
9.4. MEA Hearing Aids Market Size By Sub -Type - BTE, ITE, RITE, ITC, Completely-In-The-Canal CIC
9.4.1. By Type- Actual (2016E)
9.4.2. By Type -Forecast (2021F)
9.5. MEA Hearing Implant Market Size By Sub-Type - Cochlear Implant, Other Implants
9.5.1. By Type - Actual (2016E) and
9.5.2. By Type - Forecast (2021F)
9.6. MEA Hearing Aids and Implants Market Size, By End User (Independent Purchase, Retail, Buying Groups/Wholesale, Government)
9.6.1. By Type - Actual (2016E) and
9.6.2. By Type - Forecast (2021F)
10. Policy Regulations
11. Industry Structure
12. SWOT Analysis
13. Porter Five Force Model
14. Competitive Market Share Analysis
14.1. Market Share Analysis, By Key Players
15. Market Dynamics
15.1. Market Drivers
15.2. Challenges
15.3. Market Trends & Developments
16. Company Profiles
16.1. Sonova Holding AG
16.2. Sivantos Pte. Ltd.
16.3. GN Store Nord A/S
16.4. Starkey Hearing Technologies
16.5. William Demant Holding A/S
16.6. Widex A/S
16.7. Cochlear Limited
16.8. Amplifon SpA
16.9. Med-El
16.10. RION Co., Ltd.
List of Figures
Figure 1: Global Hearing Aids and Implants Market , 2011-2015 (USD Billion)
Figure 2: Global Hearing Aids and Implants Market Size, 2016E-2021F (USD Billion)
Figure 3: Global Hearing Aids and Implants Market, By Hearing Aids 2011-2021F (in USD Billion)
Figure 4: Global Hearing Aids and Implants Market, By Hearing Implants 2011-2021F (in USD Million)
Figure 5: Global Hearing Aids and Implants Market Size, By Hearing Aids, By Type, 2016E (In Percentage)
Figure 6: Global Hearing Aids and Implants Market Size, By Hearing Aids, By Type, 2021F (in Percentage)
Figure 7: Global Hearing Aids and Implants Market Size, By Implants, By Type, 2016E (In Percentage)
Figure 8: Global Hearing Aids and Implants Market Size, By Implants, By Type, 2021F (n Percentage)
Figure 9: Global Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 10: Global Hearing Aids and Implants Market Size, End User, 2021F (n Percentage)
Figure 11: Global Hearing Aids and Implants Market Size, By Technology Type, 2016E (In Percentage)
Figure 12: Global Hearing Aids and Implants Market Size, By Technology Type, 2021F (n Percentage)
Figure 13: North America Hearing Aids and Implants Market, By Hearing Aids 2011-2021F (in USD Billion)
Figure 14: North America Hearing Aids and Implants Market, By Hearing Implants 2011-2021F (in USD Million)
Figure 15: North America Hearing Aids and Implants Market, 2011-2015 (USD Billion)
Figure 16: North America Hearing Aids and Implants Market Size, 2016E-2021F (USD Billion)
Figure 17: U.S.A. Hearing Aids and Implants Market, 2011-2015 (USD Billion)
Figure 18: Population Affected from Hearing Loss in U.S.A.
Figure 19: Population above 65 in U.S.A.
Figure 20: U.S.A. Hearing Aids and Implants Market, 2016E-2021F (USD Billion)
Figure 21: Aging Population in USA above 65 years (in Millions)
Figure 22: Canada Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 23: Estimated Hearing Loss among Adults in Canada
Figure 24: Population above 65 in Canada
Figure 25: Per Capita Health Expenditure in Canada
Figure 26: Canada Hearing Aids and Implants Market, 2016E-2021F (USD Million)
Figure 27: Projected Aging Population in Canada above 65 years as Percentage of Total Population
Figure 28: North America Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 29: North America Hearing Aids and Implants Market Size, End User, 2021F (n Percentage)
Figure 30: North America Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 31: North America Hearing Aids and Implants Market Size, End User, 2021F (n Percentage)
Figure 32: North America Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 33: North America Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 34: Latin America Hearing Aids and Implants Market, By Hearing Aids 2011-2021F (in USD Million)
Figure 35: Latin America Hearing Aids and Implants Market, By Hearing Implants 2011-2021F (in USD Million)
Figure 36: Latin America Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 37: Population ages 65 and above (% of total) in Latin America and Caribbean
Figure 38: Latin America Hearing Aids and Implants Market, 2016E-2021F (USD Million)
Figure 39: Population above 60 in Latin America and The Caribbean
Figure 40: Brazil Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 41: Population above 65 in Brazil (In Millions)
Figure 42: Brazil Hearing Aids and Implants Market Size, 2016E-2021F (USD Million)
Figure 43: Mexico Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 44: Mexico Population Above 65 (in Millions)
Figure 45: Mexico Hearing Aids and Implants Market Size, 2016E-2021F (USD Million)
Figure 46: Latin America Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 47: Latin America Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 48: Latin America Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 49: Latin America Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 50: Latin America Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 51: Latin America Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 52: APAC Hearing Aids and Implants Market, By Hearing Aids 2011-2021F (in USD Million)
Figure 53: APAC Hearing Aids and Implants Market, By Hearing Implants 2011-2021F (in USD Million)
Figure 54: APAC Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 55: APAC Hearing Aids and Implants Market, 2016E-2021F (USD Billion)
Figure 56: India Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 57: India Hearing Aids and Implants Market Size, 2016E-2021F (USD Million)
Figure 58: China Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 59: China Population Above 65 (in Millions)
Figure 60: China Hearing Aids and Implants Market Size, 2016E-2021F (USD Million)
Figure 61: APAC Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 62: APAC Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 63: APAC Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 64: APAC Hearing Aids and Implants Market Size, End User, 2021F (n Percentage)
Figure 65: APAC Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 66: APAC Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 67: Europe Hearing Aids and Implants Market, By Hearing Aids 2011-2021F (in USD Billion)
Figure 68: Europe Hearing Aids and Implants Market, By Hearing Implants 2011-2021F (in USD Million)
Figure 69: Europe Hearing Aids and Implants Market, 2011-2015 (USD Billion)
Figure 70: Europe Hearing Aids and Implants Market, 2016E-2021F (USD Billion)
Figure 71: United Kingdom Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 72: Population above 65 in UK (In Millions)
Figure 73: United Kingdom Hearing Aids and Implants Market Size, 2016E-2021F (USD Million)
Figure 74: Germany Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 75: Population Above 65 in Germany (In Million)
Figure 76: Germany Hearing Aids and Implants Market Size, 2016E-2021F (USD Million)
Figure 77: Europe Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 78: Europe Hearing Aids and Implants Market Size, End User, 2021F (n Percentage)
Figure 79: Europe Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 80: Europe Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 81: Europe Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 82: Europe Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 83: MEA Hearing Aids and Implants Market, By Hearing Aids 2011-2021F (in USD Million)
Figure 84: MEA Hearing Aids and Implants Market, By Hearing Implants 2011-2021F (in USD Million)
Figure 85: Middle East and Africa Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 86: Middle East and Africa Hearing Aids and Implants Market, 2016E-2021F (USD Million)
Figure 87: South Africa Hearing Aids and Implants Market, 2011-2015 (USD Million)
Figure 88: South Africa Hearing Aids and Implants Market Size, 2016E-2021F (USD Million)
Figure 89: Middle East and Africa Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 90: Middle East and Africa Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 91: Middle East and Africa Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 92: Middle East and Africa Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 93: Middle East and Africa Hearing Aids and Implants Market Size, By End User, 2016E (In Percentage)
Figure 94: Middle East and Africa Hearing Aids and Implants Market Size, End User, 2021F (In Percentage)
Figure 95: Sonova Holding AG Revenue (USD Million) CY 2011-2015
Figure 96: Sonova Holding AG Percentage Revenue, By Business Segment (2015 )
Figure 97: Sonova Holding AG Percentage Revenue, By Geography (2015)
Figure 98: Sivantos Pte. Ltd. Revenue & Other Financials (USD Million) FY 2011-2015
Figure 99: Sivantos Group Percentage Revenue, By Geography (2015)
Figure 100: GN Store Nord A/S Revenue & Other Financials (USD Million) AY 2011-2015
Figure 101: GN Store Nord A/S Percentage Revenue, By Geography (2015)
Figure 102: GN Store Nord A/S Percentage Revenue, By Geography (2015)
Figure 103: GN Resound Percentage Revenue, By Geography (2015)
Figure 104: GN Netcom Percentage Revenue, By Geography (2015)
Figure 105: William Demant Holding A/S Revenue & Other Financials (USD Million) CY 2011-2015 (June Ended)
Figure 106: William Demant Holding A/S Percentage Revenue, By Geography (2015)
Figure 107: William Demant Holding A/S Percentage Revenue, By Segment(2015)
Figure 108: Cochlear Ltd. & Other Financials (USD Million) CY 2011-2015
Figure 109: Cochlear Limited Percentage Revenue, By Business Division (2015)
Figure 110: Cochlear Limited Percentage Revenue, By Geography (2015)
Figure 111: Amplifon SpA Revenue & Other Financials (USD Million) CY 2011-2015
Figure 112: Amplifon Percentage Revenue, By Distribution network (2015)
Figure 113: Amplifon Percentage Revenue, By Geography (2015)
Figure 114: Amplifon People Percentage, By Role (2015)
Figure 115: Amplifon People Percentage, By Geography(2015)
Figure 116: RION Co., Ltd. Revenue & Other Financials (USD Million) FY 2011-2015
List of Tables
Table 1: Rise in Global Population
Table 2: Tinnitus Problem in USA
Table 3: Latin America Hearing Aids Market, 2011-2015 (USD Billion)
Table 4: Prevalence of Hearing Loss in Different Territories of UK
Table 5: Disabling Hearing Loss in MEA
Table 6: GN Re Sound A/S Revenue & Other Financials (USD Million) AY 2011-2015
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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