Audiology Devices Market Size By Product (Hearing Aids [In-the-Ear Hearing Aids, Receiver-in-the-Ear (RITE), Behind-the-Ear (BTE), Canal Hearing Aids ITC, CIS and IIC], Cochlear Implants, BAHA/BAHS, Diagnostic Devices [Tympanometers, Otoscopes, Audiometer), Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, Japan, India, Australia, Mexico, Brazil, South Africa, Saudi Arabia), Application Potential, Competitive Market Share & Forecast, 2019 - 2025


Audiology Devices Market will exceed USD 11 billion by 2025; as per a new research report.

Increasing elderly population will positively impact the audiology devices market growth throughout forecast years. Geriatric population usually suffers from age-related high frequency hearing loss that creates difficulties in understanding. Gradual rise in the severity of hearing loss affects daily activities and overall functioning of elderly population. Therefore, people in the age group of 60 years and above experiencing hearing loss rely on advanced audiology devices that should stimulate the industry growth.

Technological advancements in the audiology devices should augment the industry growth during analysis timeframe. Currently available audiology devices such as hearing aids use frequency-modulated radio waves to transmit sound efficiently that helps in reducing annoyance caused due to tinnitus. Moreover, lately developed hearing aids are convenient to use and also improves cognitive learning in people suffering from hearing loss. Above mentioned factors will increase the demand for audiology devices thereby that elevates the industry growth. However, aesthetic concerns in people wearing audiology devices may hamper its adoption thereby, restraining the industry growth to some extent.

Diagnostic devices segment of audiology devices market will experience around 3% CAGR during the estimated timeframe. Advanced devices utilized in diagnosing hearing loss not only provide qualitative data regarding hearing impairment but also delivers quantitative analysis depicting the intensity of hearing loss. Furthermore, diagnostic devices also provide superior quality images that assists surgeons during surgical procedures. Aforementioned factors will drive the segmental growth. 

Asia Pacific audiology devices market accounted for 20% revenue share in 2018. Favorable demographic such as rising geriatric population are expected to drive the demand for audiology devices. Furthermore, government of several countries such as India and China are creating awareness regarding advantages associated with early diagnosis of hearing loss that will increase the adoption of audiology diagnostic devices. Additionally, escalating level of noise pollution in Asian countries will create hearing disability amongst people that should further trigger the regional growth.

Industry players operational in audiology devices market include AMBCO, Benson Medical Instruments, Cochlear, GN Store Nord, MED-EL, MedRX, Medtronic, Nurotron Biotechnology, Sivantos, WIDEX, Sonova, Starkey Hearing Technologies and William Demant among the few others. These industry players implement strategic initiatives such as mergers, acquisitions and product launches to maintain the market position. For instance, in March 2015, Medtronic PLC has acquired Sophono, a privately held developer and manufacturer of innovative magnetic implants. This strategic initiative will help Medtronic to broaden its product portfolio.
Report Content
 
 Chapter 1. Methodology
 
 1.1. Methodology
 
 1.2. Market definitions
 
 1.3. Forecast parameters
 
 1.4. Data sources
 
 1.4.1. Secondary
 
 1.4.1.1. Paid sources
 
 1.4.1.2. Unpaid sources
 
 1.4.2. Primary
 
 Chapter 2. Executive Summary
 
 2.1. Audiology devices industry 360 degree synopsis, 2014 - 2025
 
 2.1.1. Business trends
 
 2.1.2. Product trends
 
 2.1.3. Regional trends
 
 Chapter 3. Audiology Devices Industry Insights
 
 3.1. Industry segmentation
 
 3.2. Industry landscape, 2014 - 2025
 
 3.3. Industry impact forces
 
 3.3.1. Growth drivers
 
 3.3.1.1. Increasing geriatric population
 
 3.3.1.2. Rising incidence of hearing loss disorders globally
 
 3.3.1.3. Technological and product innovation in developed countries
 
 3.3.1.4. Favorable regulatory scenario in North America and Europe
 
 3.3.2. Industry pitfalls and challenges
 
 3.3.2.1. Concerns regarding aesthetic appeal
 
 3.4. Growth potential analysis
 
 3.4.1. By product
 
 3.5. Porter's analysis
 
 3.6. Regulatory landscape
 
 3.6.1. U.S.
 
 3.6.2. Europe
 
 3.7. Reimbursement scenario
 
 3.8. Competitive landscape, 2018
 
 3.8.1. Strategy dashboard
 
 3.9. PESTEL analysis
 
 Chapter 4. Audiology Devices Market, By Product
 
 4.1. Key segment trends
 
 4.2. Hearing aids
 
 4.2.1. Market size, by region, 2014-2025 (USD Million)
 
 4.2.2. In-the-ear hearing aid (ITE)
 
 4.2.2.1. Market size, by region, 2014-2025 (USD Million)
 
 4.2.3. Receiver-in-the-ear (RITE)
 
 4.2.3.1. Market size, by region, 2014-2025 (USD Million)
 
 4.2.4. Behind-the-ear (BTE)
 
 4.2.4.1. Market size, by region, 2014-2025 (USD Million)
 
 4.2.5. Canal hearing aids ITC, CIS and IIC
 
 4.2.5.1. Market size, by region, 2014-2025 (USD Million)
 
 4.3. Cochlear implants
 
 4.3.1. Market size, by region, 2014-2025 (USD Million)
 
 4.4. BAHA/BAHS
 
 4.4.1. Market size, by region, 2014-2025 (USD Million)
 
 4.5. Diagnostic devices
 
 4.5.1. Market size, by region, 2014-2025 (USD Million)
 
 4.5.2. Tympanometers
 
 4.5.2.1. Market size, by region, 2014-2025 (USD Million)
 
 4.5.3. Otoscopes
 
 4.5.3.1. Market size, by region, 2014-2025 (USD Million)
 
 4.5.4. Audiometer
 
 4.5.4.1. Market size, by region, 2014-2025 (USD Million)
 
 Chapter 5. Audiology Devices Market, By Region
 
 5.1. Key regional trends
 
 5.2. North America
 
 5.2.1. Market size, by country, 2014 - 2025 (USD Million)
 
 5.2.2. Market size, by product, 2014 - 2025 (USD Million)
 
 5.2.3. U.S.
 
 5.2.3.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.2.4. Canada
 
 5.2.4.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.3. Europe
 
 5.3.1. Market size, by country, 2014 - 2025 (USD Million)
 
 5.3.2. Market size, by product, 2014 - 2025 (USD Million)
 
 5.3.3. Germany
 
 5.3.3.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.3.4. France
 
 5.3.4.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.3.5. UK
 
 5.3.5.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.3.6. Italy
 
 5.3.6.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.3.7. Spain
 
 5.3.7.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.4. Asia Pacific
 
 5.4.1. Market size, by country, 2014 - 2025 (USD Million)
 
 5.4.2. Market size, by product, 2014 - 2025 (USD Million)
 
 5.4.3. China
 
 5.4.3.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.4.4. Japan
 
 5.4.4.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.4.5. India
 
 5.4.5.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.4.6. Australia
 
 5.4.6.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.4.7. South Korea
 
 5.4.7.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.5. Latin America
 
 5.5.1. Market size, by country, 2014 - 2025 (USD Million)
 
 5.5.2. Market size, by product, 2014 - 2025 (USD Million)
 
 5.5.3. Brazil
 
 5.5.3.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.5.4. Mexico
 
 5.5.4.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.6. MEA
 
 5.6.1. Market size, by country, 2014 - 2025 (USD Million)
 
 5.6.2. Market size, by product, 2014 - 2025 (USD Million)
 
 5.6.3. Saudi Arabia
 
 5.6.3.1. Market size, by product, 2014 - 2025 (USD Million)
 
 5.6.4. South Africa
 
 5.6.4.1. Market size, by product, 2014 - 2025 (USD Million)
 
 Chapter 6. Company Profiles
 
 6.1. AMBCO
 
 6.1.1. Business overview
 
 6.1.2. Financial data
 
 6.1.3. Product landscape
 
 6.1.4. Strategic outlook
 
 6.1.5. SWOT analysis
 
 6.2. Benson Medical Instruments
 
 6.2.1. Business overview
 
 6.2.2. Financial data
 
 6.2.3. Product landscape
 
 6.2.4. Strategic outlook
 
 6.2.5. SWOT analysis
 
 6.3. Cochlear Ltd
 
 6.3.1. Business overview
 
 6.3.2. Financial data
 
 6.3.3. Product landscape
 
 6.3.4. Strategic outlook
 
 6.3.5. SWOT analysis
 
 6.4. GN Store Nord A/S
 
 6.4.1. Business overview
 
 6.4.2. Financial data
 
 6.4.3. Product landscape
 
 6.4.4. Strategic outlook
 
 6.4.5. SWOT analysis
 
 6.5. MED-EL GmbH
 
 6.5.1. Business overview
 
 6.5.2. Financial data
 
 6.5.3. Product landscape
 
 6.5.4. Strategic outlook
 
 6.5.5. SWOT analysis
 
 6.6. MedRX
 
 6.6.1. Business overview
 
 6.6.2. Financial data
 
 6.6.3. Product landscape
 
 6.6.4. Strategic outlook
 
 6.6.5. SWOT analysis
 
 6.7. Medtronic Inc
 
 6.7.1. Business overview
 
 6.7.2. Financial data
 
 6.7.3. Product landscape
 
 6.7.4. Strategic outlook
 
 6.7.5. SWOT analysis
 
 6.8. Nurotron Biotechnology Co., LTD
 
 6.8.1. Business overview
 
 6.8.2. Financial data
 
 6.8.3. Product landscape
 
 6.8.4. Strategic outlook
 
 6.8.5. SWOT analysis
 
 6.9. Sivantos Pte. Ltd.
 
 6.9.1. Business overview
 
 6.9.2. Financial data
 
 6.9.3. Product landscape
 
 6.9.4. Strategic outlook
 
 6.9.5. SWOT analysis
 
 6.10. Sonova Holdings
 
 6.10.1. Business overview
 
 6.10.2. Financial data
 
 6.10.3. Product landscape
 
 6.10.4. Strategic outlook
 
 6.10.5. SWOT analysis
 
 6.11. Starkey Hearing Technologies
 
 6.11.1. Business overview
 
 6.11.2. Financial data
 
 6.11.3. Product landscape
 
 6.11.4. Strategic outlook
 
 6.11.5. SWOT analysis
 
 6.12. Widex
 
 6.12.1. Business overview
 
 6.12.2. Financial data
 
 6.12.3. Product landscape
 
 6.12.4. Strategic outlook
 
 6.12.5. SWOT analysis
 
 6.13. Demant
 
 6.13.1. Business overview
 
 6.13.2. Financial data
 
 6.13.3. Product landscape
 
 6.13.4. Strategic outlook
 
 6.13.5. SWOT analysis

Data Tables TABLE 1. Audiology devices industry 360 degree synopsis, 2014 - 2025 TABLE 2. Audiology devices market, 2014-2025 (USD Million) TABLE 3. Audiology devices market, 2014-2025 (USD Million) TABLE 4. Audiology devices market, by product,2014-2025 (USD Million) TABLE 5. Audiology devices market, by region, 2014-2025 (USD Million) TABLE 6. Industry impact forces TABLE 7. Hearing Aids market size, by region, 2014 - 2025 (USD Million) TABLE 8. Cochlear Implants market size, by region, 2014 - 2025 (USD Million) TABLE 9. BAHA/BAHS market size, by region, 2014 - 2025 (USD Million) TABLE 10. Diagnostic Devices market size, by region, 2014 - 2025 (USD Million) TABLE 11. In-the-Ear hearing aids market size, by region, 2014 - 2025 (USD Million) TABLE 12. Receiver-in-the-Ear (RITE) market size, by region, 2014 - 2025 (USD Million) TABLE 13. Behind-the-Ear (BTE) market size, by region, 2014 - 2025 (USD Million) TABLE 14. Canal hearing aids ITC, CIS and IIC market size, by region, 2014 - 2025 (USD Million) TABLE 15. Tympanometers market size, by region, 2014 - 2025 (USD Million) TABLE 16. Otoscopes market size, by region, 2014 - 2025 (USD Million) TABLE 17. Audiometer market size, by region, 2014 - 2025 (USD Million) TABLE 18. North America audiology devices market size, by country, 2014-2025(USD Million) TABLE 19. North America audiology devices market size, by product, 2013-2017, (USD Million) TABLE 20. U.S. audiology devices market size, by product,2014-2025, (USD Million) TABLE 21. Canada audiology devices market size, by product,2014-2025, (USD Million) TABLE 22. Europe audiology devices market size, by country, 2014-2025 (USD Million) TABLE 23. Europe audiology devices market, by product,2014-2025 (USD Million) TABLE 24. Germany audiology devices market, by product,2014-2025 (USD Million) TABLE 25. UK audiology devices market, by product,2014-2025 (USD Million) TABLE 26. Italy audiology devices market, by product,2014-2025 (USD Million) TABLE 27. France audiology devices market, by product,2014-2025 (USD Million) TABLE 28. Spain audiology devices market, by product,2014-2025 (USD Million) TABLE 29. Asia Pacific audiology devices market size, by country, 2014-2025 (USD Million) TABLE 30. Asia Pacific audiology devices market, by product,2014-2025 (USD Million) TABLE 31. China audiology devices market, by product,2014-2025 (USD Million) TABLE 32. India audiology devices market, by product,2014-2025 (USD Million) TABLE 33. Japan audiology devices market, by product,2014-2025 (USD Million) TABLE 34. Australia audiology devices market, by product,2014-2025 (USD Million) TABLE 35. Latin America audiology devices market size, by country, 2014-2025 (USD Million) TABLE 36. Latin America audiology devices market, by product,2014-2025 (USD Million) TABLE 37. Mexico audiology devices market, by product,2014-2025 (USD Million) TABLE 38. Brazil audiology devices market, by product, 2014-2025 (USD Million) TABLE 39. MEA audiology devices market size, by country, 2014-2025 (USD Million) TABLE 40. MEA audiology devices market, by product,2014-2025 (USD Million) TABLE 41. South Africa audiology devices market, by product,2014-2025 (USD Million) TABLE 42. Saudi Arabia audiology devices market, by product,2014-2025 (USD Million) Charts & Figures FIG 1. Industry segmentation FIG 2. Audiology devices market, 2014 - 2025 (USD Million) FIG 3. Growth potential analysis, by product FIG 4. Porter's analysis FIG 5. Strategy dashboard FIG 6. PESTEL analysis

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