Audiology Devices Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Audiology Devices Market By Device Type (Cochlear implant, Diagnostic devices, Bone-anchored hearing device, Technological hearing aids, Hearing aids), By Disease type (Otitis media, Ostosclerosis, Tinnitus, Ménière´s Disease, Acoustic tumor, and Acoustic Trauma), By End user (Hospitals, Audiology Clinics, Rehabilitation center, and others), and Geography

 

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Description

Global Audiology Devices Market

 

Report Description:

Global audiology devices market report provide a comprehensive outlook on audiology devices worldwide with specific focus on key region such as North America, Europe, Asia Pacific, Latin America and MEA. The report on global audiology devices market gives historical, current and future market size (US$ Mn) on the basis of device type, disease type, end user, and geography. This study analyses the global audiology devices market dynamics in a detailed manner to identify current trends and drivers, growth opportunities and potential challenges to the key stakeholders in the operating market. In addition, PBI has analyzed the global market to better equip customers with possible investment opportunities across region and consumer unmet needs.

 

Global Audiology Devices Market:

Audiology devices market Size in 2019 was valued at US$ 8.1 billion and from 2020 to 2026, 5.7% CAGR is expected. Factors leading to market growth are the growing geriatric population, the rising prevalence of hearing disorders and the increasing frequency of disability. Moreover, the growing number of deafness-related patients and the demand for cosmetic aesthetics for audiology equipment impose an optimistic outlook on the growth of the industry. However, with the appearance of audiology equipment, the high cost and social stigma are expected to hamper market growth.

 

Growing incidence of otic disorders boost the market growth:

Rising incidences of otic disorders will fuel growth in the industry. It is expected that by 2050, more than 900 million people will suffer from hearing loss, according to the WHO. Hearing loss happens for a variety of causes, including birth complications, genetic abnormalities, recurrent ear infections, prolonged noise exposure, and ageing. Therefore, people have begun to favor audiological devices such as cochlear implants to address difficulties resulting from hearing loss, which substantially enhance the hearing capacity of the person. The above factors could increase the growth of the audiology equipment sector in the coming years.

 

North America dominates the market share during the forecast period:

In terms of sales share, North America led the overall market in the year 2018. The growth of the U.S. industry can be due to developments in audiology systems, an increase in the number of audiologists, and the adoption by existing suppliers of new digital platforms. Launching patient-centered audiology systems that enable easy handling of goods leads to more market growth in patient compliance.

 

Competitive Assessment:

Key players profile in global audiology devices market include-

  • AMBCO
  • Benson Medical Instrument
  • Cochlear Ltd.
  • GN Store Nord A/S
  • MED-EL GmbH
  • MedRX
  • Medtronic Inc.
  • Nurotron Biotechnology Co. Ltd.
  • Sonova Holdings
  • Widex

 

Key development:

  • In January 2019, lively launched an online audiology platform that provides hearing aids, tests, and 24/7 online support for all clients.
  • In January 2019, GN hearing launched most intuitive and personalized hearing solution that enhances user’s experience. This new product launch allows company to extend its existing product offerings in audiology devices market.

 

Key findings of report:

  • Global audiology devices market expanding at significant CAGR over 2020 to 2026 owing to growing geriatric population, the rising prevalence of hearing disorders and the increasing frequency of disability.
  • North America accounted for larger share of market revenue based on the region and projected a gain in market revenue over a forecast period.
  • Players focusing on innovation of technologies and collaboration strategies to retain market position in global market.

 

Key features of the report:

  • The report provides granular level information about market size, regional market share, historic market (2015-2019) and forecast (2020-2026).
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market.
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market.
  • The report provides plethora of information about market entry strategies.

 

Detailed segmentation:

 

Device Type

  • Cochlear Implant
  • Diagnostic Devices
  • Bone-anchored Hearing Aid
  • Technological Hearing Aids
  • Hearing Aids

Disease Type

  • Otitis Media
  • Ostosclerosis
  • Tinnitus
  • Ménière´s Disease
  • Acoustic Tumors
  • Acoustic Trauma

End user

  • Hospitals
  • Audiology Clinics
  • Rehabilitation Centers
  • Others

 

Geography

 

North America

  • US.
  • Canada

Europe

  • Germany
  • France
  • UK.
  • Russia
  • Italy
  • Rest of Europe

Asia-Pacific

  • China
  • Japan
  • Korea
  • India
  • Southeast Asia
  • Rest of APAC

South America

  • Brazil
  • Argentina
  • Colombia
  • Rest of SA

MEA

  • Saudi Arabia
  • UAE
  • Egypt
  • Nigeria
  • South Africa
  • Rest of MEA


Location

GEOGRAPHY

PBI Location Map

Competitive Assessment:

Key players profile in global audiology devices market include-

  • AMBCO
  • Benson Medical Instrument
  • Cochlear Ltd.
  • GN Store Nord A/S
  • MED-EL GmbH
  • MedRX
  • Medtronic Inc.
  • Nurotron Biotechnology Co. Ltd.
  • Sonova Holdings
  • Widex

Table of Content

  1. Executive Summary
  2. Global Audiology Devices Market Introduction
    • Global Audiology Devices Market – Taxonomy
    • Global Audiology Devices Market –Definitions
      • By Device Type
      • By Disease Type
      • By End User
      • By Region
  1. Global Audiology Devices Market Dynamics
    • Drivers
    • Restraints
    • Opportunities/Unmet Needs of the Market
    • Trends
    • Global Audiology Devices Market Dynamic Factors – Impact Analysis
    • Global Audiology Devices Market – Competition Landscape
  2. Global Audiology Devices Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026
    • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Year-over-Year (Y-o-Y) Growth Analysis (%)
    • Market Opportunity Analysis
  3. Global Audiology Devices Market, By Device Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Cochlear Implant
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Diagnostic Devices
      • Market Analysis, 2015 – 2019 and Forecast, 2020 6- 2666026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Bone-anchored Hearing Aid
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Technological Hearing Aid
      • Market Analysis, 2015 – 2019 and Forecast, 2020 6- 2666026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Hearing Aids
      • Market Analysis, 2015 – 2019 and Forecast, 2020 6- 2666026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Audiology Devices Market, By Disease Type, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Otitis Media
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Ostosclerosis
      • Market Analysis, 2015 – 2019 and Forecast, 2020 6- 2666026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Tinnitus
      • Market Analysis, 2015 – 2019 and Forecast, 2020 6- 2666026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Ménière´s Disease
      • Market Analysis, 2015 – 2019 and Forecast, 2020 6- 2666026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Acoustic Tumors
      • Market Analysis, 2015 – 2019 and Forecast, 2020 6- 2666026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Acoustic Trauma
      • Market Analysis, 2015 – 2019 and Forecast, 2020 6- 2666026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Audiology Devices Market, By End User, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Hospitals
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Audiology Clinics
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Rehabilitation Centers
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Others
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
  1. Global Audiology Devices Market Forecast, By Region, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • North America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Europe
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Asia-Pacific
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Latin America
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Middle East and Africa
      • Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
      • Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
      • Market Opportunity Analysis
    • Global Audiology Devices Market – Opportunity Analysis Index, By Device Type, By Disease Type, By End User, and Region, 2020 – 2026
  2. North America Audiology Devices Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Device Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cochlear Implant
      • Diagnostic Devices
      • Bone-anchore hearing aids
      • Technological hearing aids
      • Hearing aids
    • Disease Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Otitis Media
      • Ostosclerosis
      • Tinnitus
      • Ménière´s Disease
      • Acoustic Tumors
      • Acousic Trauma
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals
      • Audiology Clinics
      • Rehabilitation Centers
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • USA
      • Canada
    • North America Audiology Devices Market – Opportunity Analysis Index, By Device Type, By Disease Type, By End User, and Country, 2020 – 2026
    • North America Audiology Devices Market Dynamics – Trends
  3. Europe Audiology Devices Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Device Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cochlear Implant
      • Diagnostic Devices
      • Bone-anchore hearing aids
      • Technological hearing aids
      • Hearing aids
    • Disease Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Otitis Media
      • Ostosclerosis
      • Tinnitus
      • Ménière´s Disease
      • Acoustic Tumors
      • Acousic Trauma
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals
      • Audiology Clinics
      • Rehabilitation Centers
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Germany
      • UK
      • France
      • Spain
      • Italy
      • Russia
      • Rest of Europe
    • Europe Audiology Devices Market – Opportunity Analysis Index, By Device Type, By Disease Type, By End User, and Country, 2020 – 2026
    • Europe Audiology Devices Market Dynamics – Trends
  4. Asia-Pacific Audiology Devices Market Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
    • Device Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cochlear Implant
      • Diagnostic Devices
      • Bone-anchore hearing aids
      • Technological hearing aids
      • Hearing aids
    • Disease Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Otitis Media
      • Ostosclerosis
      • Tinnitus
      • Ménière´s Disease
      • Acoustic Tumors
      • Acousic Trauma
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals
      • Audiology Clinics
      • Rehabilitation Centers
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Japan
      • China
      • India
      • ASEAN
      • Australia & New Zealand
      • Rest of Asia-Pacific
    • Asia-Pacific Audiology Devices Market – Opportunity Analysis Index, By Device Type, By Disease Type, By End User, and Country, 2020 – 2026
    • Asia-Pacific Audiology Devices Market Dynamics – Trends
  5. Latin America Audiology Devices Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Device Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cochlear Implant
      • Diagnostic Devices
      • Bone-anchore hearing aids
      • Technological hearing aids
      • Hearing aids
    • Disease Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Otitis Media
      • Ostosclerosis
      • Tinnitus
      • Ménière´s Disease
      • Acoustic Tumors
      • Acousic Trauma
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals
      • Audiology Clinics
      • Rehabilitation Centers
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Latin America Audiology Devices Market – Opportunity Analysis Index, By Device Type, By Disease Type, By End User, and Country, 2020 – 2026
    • Latin America Audiology Devices Market Dynamics – Trends
  6. Middle East and Africa Audiology Devices Market Analysis, 2015 – 2019 and Forecast, 2020 – 2026 (Revenue, USD Mn)
    • Device Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Cochlear Implant
      • Diagnostic Devices
      • Bone-anchore hearing aids
      • Technological hearing aids
      • Hearing aids
    • Disease Type Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Otitis Media
      • Ostosclerosis
      • Tinnitus
      • Ménière´s Disease
      • Acoustic Tumors
      • Acousic Trauma
    • End User Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%)
      • Hospitals
      • Audiology Clinics
      • Rehabilitation Centers
      • Others
    • Country Analysis 2015 – 2019 and Forecast 2020 – 2026 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
      • Gulf Cooperation Council (GCC) Countries
      • Israel
      • South Africa
      • Rest of MEA
    • MEA Audiology Devices Market – Opportunity Analysis Index, By Device Type, By Disease Type, By End User, and Country, 2020 – 2026
    • MEA Audiology Devices Market Dynamics – Trends
  7. Competition Landscape
    • Strategic Dashboard of Top Market Players
    • Company Profiles (Introduction, Financial Analysis, Catch & Catch Offerings, Key Developments, Strategies, and SWOT Analysis)
      • AMBCO
      • Benson Medical Instrument
      • Cochlear Ltd.
      • GN Store Nord A/S
      • MED-EL GmbH
      • MedRX
      • Medtronic Inc.
      • Nurotron Biotechnology Co. Ltd.
      • Sonova Holdings
      • Widex
  1. Research Methodology
  2. Key Assumptions and Acronyms

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