Global and United States Hearing Aids Market Report & Forecast 2024-2030
The research time span covered by the report is from 2019 to 2030; it provides an overview of the Global Hearing Aids Market and also provides a deeper in-depth segmentation of the market by regions, product type and downstream industries.
The global Hearing Aids market size in 2023 is 9400.0 million US dollars, and it is expected to be 12706.7 million US dollars by 2030, with a compound annual growth rate of 4.40% expected in 2024-2030.
MARKET COMPETITIVE LANDSCAPE:
The main players in the Hearing Aids market include Phonak, Benson Hearing, GN Store Nord A/S, Starkey, and MED-EL. The share of the top 3 players in the Hearing Aids market is XX%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for XX%, Europe accounted for XX% of Hearing Aids market, and Asia Pacific accounted for XX%.
SEGMENT OVERVIEW:
The report segments the market by Type and Application. Analog accounted for XX% of Hearing Aids market in 2023. Digital share of XX%.
Retail Sales accounted for XX% of the Hearing Aids market in 2023. Government Purchases accounts for XX%.
For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors.
As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.
Key Factors Considered:
COVID-19
The report describes the market scenario during and post the pandemic in the vision of upstream, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.
Regional Conflict / Russia-Ukraine War
The report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it's going to evolve in the years to come.
Challenges & Opportunities
Factors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.
Chapter Outline
Chapter 1: Introduces the product overview, market scope, study objectives, and industry dynamic analysis, and then includes the global impact of the coronavirus disease (COVID-19).
Chapter 2: Analysis of the competitive environment of Hearing Aids market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the players' M&A and expansion in recent years.
Chapters 3-6: Segmented the global Hearing Aids market by type, application and region. Analyze the revenue of market segments from different perspectives.
Chapter 7: Analyzes the main companies in the Hearing Aids industry, including their main businesses, products/services, sales, revenue, gross margin, and the latest developments.
Chapter 8: Analyzes the Hearing Aids industry chain, including raw material analysis, sales and marketing, distributors and major downstream buyers.
Chapter 9: The main points and conclusions of the report.
Chapter 10: Concludes with an explanation of the data sources and research methods.
Highlights-Regions
North America
United States
Canada
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Latin America
Brazil
Argentina
Mexico
MEA
Saudi Arabia
UAE
Turkey
Player list
Phonak
Benson Hearing
GN Store Nord A/S
Starkey
MED-EL
William Demant Holding A/S
Medtronic
Widex USA Inc.
Sivantos Pte. Ltd.
Types list
Analog
Digital
Application list
Retail Sales
Government Purchases
E-Commerce
Table of Content
1 Study Coverage
1.1 Hearing Aids Product Introduction
1.2 Global Hearing Aids Outlook 2019 VS 2024 VS 2030
1.3 United States Hearing Aids Outlook 2019 VS 2024 VS 2030
1.4 Hearing Aids Market Size, United States VS Global, 2019-2030
1.4.1 The Market Share of United States Hearing Aids in Global, 2019-2030
1.4.2 The Growth Rate of Hearing Aids Market Size, United States VS Global, 2019 VS 2024 VS 2030
1.5 Hearing Aids Market Dynamics
1.5.1 Hearing Aids Market Trends
1.5.2 Hearing Aids Market Drivers
1.5.3 Hearing Aids Market Challenges
1.5.4 Hearing Aids Market Restraints
1.6 Study Objectives
1.7 Years Considered
1.8 Coronavirus Disease (COVID-19) Impact on Global
2 Global Hearing Aids Competitor Landscape by Company
2.1 Global Hearing Aids Market Size by Company
2.1.1 Top Global Hearing Aids Player Ranked by Revenue (2024)
2.1.2 Global Hearing Aids Revenue by Player (2019-2024)
2.2 Global Hearing Aids Concentration Ratio (CR)
2.2.1 Hearing Aids Market Concentration Ratio (CR) (2019-2024)
2.2.2 Global Top 3 and Top 6 Largest Players of Hearing Aids in 2024
2.3 Global Hearing Aids Business Distribution, Business Type
2.3.1 Global Hearing Aids Players, Headquarters and Distribution
2.3.2 Players Hearing Aids Business Type
2.3.3 Date of International Players Enter into Hearing Aids Market
2.4 Players Mergers & Acquisitions, Expansion Plans
2.5 United States Hearing Aids Market Size by Company
2.5.1 Top United States Hearing Aids Player s Ranked by Revenue (2024)
2.5.2 United States Hearing Aids Revenue by Player (2019-2024)
3 Hearing Aids Market Segment by Type
3.1 Hearing Aids Market Segment by Type
3.2 Global Hearing Aids Market Size by Type
3.3 United States Hearing Aids Market Size by Type
4 Hearing Aids Market Segment by Application
4.1 Hearing Aids Market Segment by Application
4.2 Global Hearing Aids Market Size by Application
4.3 United States Hearing Aids Market Size by Application
5 Global Hearing Aids Market Size by Region
5.1 Global Hearing Aids Market Size by Region: 2019 VS 2024 VS 2030
5.2 Global Hearing Aids Market Size in Value by Region (2019-2030)
5.2.1 Global Hearing Aids Revenue by Region: 2019-2024
5.2.2 Global Hearing Aids Revenue by Region: 2024-2030
5.3 Global Hearing Aids Market Size in Volume by Region (2019-2030)
5.3.1 Global Hearing Aids Volume by Region: 2019-2024
5.3.2 Global Hearing Aids Volume by Region: 2024-2030
6 Segment in Regional Level & Country Level
6.1 North America
6.1.1 North America Hearing Aids Market Size YoY Growth 2019-2030
6.1.2 North America Hearing Aids Market Facts & Figures by Country (2019-2030)
6.1.3 U.S.
6.1.4 Canada
6.2 Asia Pacific
6.2.1 Asia Pacific Hearing Aids Market Size YoY Growth 2019-2030
6.2.2 Asia Pacific Hearing Aids Market Facts & Figures by Country (2019-2030)
6.2.3 China
6.2.4 Japan
6.2.5 South Korea
6.2.6 India
6.2.7 Australia
6.2.8 Southeast Asia
6.3 Europe
6.3.1 Europe Hearing Aids Market Size YoY Growth 2019-2030
6.3.2 Europe Hearing Aids Market Facts & Figures by Country (2019-2030)
6.3.3 Germany
6.3.4 France
6.3.5 UK
6.3.6 Italy
6.3.7 Russia
6.4 Latin America
6.4.1 Latin America Hearing Aids Market Size YoY Growth 2019-2030
6.4.2 Latin America Hearing Aids Market Facts & Figures by Country (2019-2030)
6.4.3 Mexico
6.4.4 Brazil
6.4.5 Argentina
6.5 Middle East and Africa
6.5.1 Middle East and Africa Hearing Aids Market Size YoY Growth 2019-2030
6.5.2 Middle East and Africa Hearing Aids Market Facts & Figures by Country (2019-2030)
6.5.3 Turkey
6.5.4 Saudi Arabia
6.5.5 UAE
7 Company Profiles
7.1 Phonak
7.1.1 Phonak Company Details
7.1.2 Description and Business Overview
7.1.3 Hearing Aids Introduction
7.1.4 Phonak Hearing Aids Revenue, Sales, and Gross Margin (2019-2024)
7.1.5 Phonak Recent Development
7.2 Benson Hearing
7.2.1 Benson Hearing Company Details
7.2.2 Description and Business Overview
7.2.3 Hearing Aids Introduction
7.2.4 Benson Hearing Hearing Aids Revenue, Sales, and Gross Margin (2019-2024)
7.2.5 Benson Hearing Recent Development
7.3 GN Store Nord A/S
7.3.1 GN Store Nord A/S Company Details
7.3.2 Description and Business Overview
7.3.3 Hearing Aids Introduction
7.3.4 GN Store Nord A/S Hearing Aids Revenue, Sales, and Gross Margin (2019-2024)
7.3.5 GN Store Nord A/S Recent Development
7.4 Starkey
7.4.1 Starkey Company Details
7.4.2 Description and Business Overview
7.4.3 Hearing Aids Introduction
7.4.4 Starkey Hearing Aids Revenue, Sales, and Gross Margin (2019-2024)
7.4.5 Starkey Recent Development
7.5 MED-EL
7.5.1 MED-EL Company Details
7.5.2 Description and Business Overview
7.5.3 Hearing Aids Introduction
7.5.4 MED-EL Hearing Aids Revenue, Sales, and Gross Margin (2019-2024)
7.5.5 MED-EL Recent Development
7.6 William Demant Holding A/S
7.6.1 William Demant Holding A/S Company Details
7.6.2 Description and Business Overview
7.6.3 Hearing Aids Introduction
7.6.4 William Demant Holding A/S Hearing Aids Revenue, Sales, and Gross Margin (2019-2024)
7.6.5 William Demant Holding A/S Recent Development
7.7 Medtronic
7.7.1 Medtronic Company Details
7.7.2 Description and Business Overview
7.7.3 Hearing Aids Introduction
7.7.4 Medtronic Hearing Aids Revenue, Sales, and Gross Margin (2019-2024)
7.7.5 Medtronic Recent Development
7.8 Widex USA Inc.
7.8.1 Widex USA Inc. Company Details
7.8.2 Description and Business Overview
7.8.3 Hearing Aids Introduction
7.8.4 Widex USA Inc. Hearing Aids Revenue, Sales, and Gross Margin (2019-2024)
7.8.5 Widex USA Inc. Recent Development
7.9 Sivantos Pte. Ltd.
7.9.1 Sivantos Pte. Ltd. Company Details
7.9.2 Description and Business Overview
7.9.3 Hearing Aids Introduction
7.9.4 Sivantos Pte. Ltd. Hearing Aids Revenue, Sales, and Gross Margin (2019-2024)
7.9.5 Sivantos Pte. Ltd. Recent Development
8 Industry Chain and Sales Channels Analysis
8.1 Hearing Aids Value Chain Analysis
8.2 Hearing Aids Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Distributors List
8.3 Hearing Aids Production Mode & Process
8.4 Hearing Aids Sales and Marketing
8.4.1 Magnetic Coupled Mixers Sales Channels
8.4.2 Magnetic Coupled Mixers Distributors
8.5 Magnetic Coupled Mixers Customers
9 Research Findings and Conclusion
10 Methodology and Data Source
10.1 A Methodology
10.1.1 Research Process
10.1.2 Market Size Estimation
10.1.3 Market Breakdown and Data Triangulation
10.2 B Data Source
10.2.1 Legal Disclaimer
List of Tables and Figures
Figure Hearing Aids Product Picture
Table Global Hearing Aids Revenue, ($), 2019 VS 2024 VS 2030
Figure Global Hearing Aids Market Size 2019-2030 ($)
Table United States Hearing Aids Revenue, ($), 2019 VS 2024 VS 2030
Figure United States Hearing Aids Market Size 2019-2030 ($)
Figure United States Hearing Aids Market Share in Global, in Value 2019-2030
Table Hearing Aids CAGR in Value, United States VS Global, 2019 VS 2024 VS 2030
Table Hearing Aids Market Trends
Table Hearing Aids Market Drivers
Table Hearing Aids Market Challenges
Table Hearing Aids Market Restraints
Figure Hearing Aids Report Years Considered
Figure (COVID-19) Impact on Global Economic Growth 2019, 2020, 2021
Figure Population infected by the Covid-19 of Major Countries
Table Top Hearing Aids Players in Global Market, Ranking by Revenue (2024)
Table Global Hearing Aids Revenue by Player, ($), 2019-2024
Table Global Hearing Aids Revenue Share by Player, 2019-2024
Table Global Hearing Aids Players Market Concentration Ratio (CR5)
Figure The Top 3 and 6 Largest Players of Hearing Aids in the World: Market Share by Hearing Aids Revenue in 2024
Table Top Players of Hearing Aids in Global Market, Headquarters and Distribution
Table Players Hearing Aids Business Type
Table Date of International Players Enter into Hearing Aids Market
Table Players Mergers & Acquisitions, Expansion Plans
Table Top Hearing Aids Players in United States Market, Ranking by Revenue (2024)
Table United States Hearing Aids Revenue by Player, ($), 2019-2024
Table United States Hearing Aids Revenue Share by Player, 2019-2024
Table Global Hearing Aids Revenue by Type: 2024 VS 2030 ($)
Figure Global Hearing Aids Market Share by Type in 2024 & 2030
Figure Global Hearing Aids Revenue by Type (2019-2030) & ($)
Figure Global Hearing Aids Revenue Market Share in Value by Type (2019-2030)
Table United States Hearing Aids Revenue by Type: 2024 VS 2030 ($)
Figure United States Hearing Aids Market Share by Type in 2024 & 2030
Figure United States Hearing Aids Revenue by Type (2019-2030) & ($)
Figure United States Hearing Aids Revenue Market Share in Value by Type (2019-2030)
Table Global Hearing Aids Revenue by Application: 2024 VS 2030 ($)
Figure Global Hearing Aids Market Share by Application in 2024 & 2030
Figure Global Hearing Aids Revenue by Application (2019-2030) & ($)
Figure Global Hearing Aids Revenue Market Share in Value by Application (2019-2030)
Table United States Hearing Aids Revenue by Application: 2024 VS 2030 ($)
Figure United States Hearing Aids Market Share by Application in 2024 & 2030
Figure United States Hearing Aids Revenue by Application (2019-2030) & ($)
Figure United States Hearing Aids Revenue Market Share in Value by Application (2019-2030)
Table Global Hearing Aids Market Size by Region ($): 2019 VS 2024 VS 2030
Figure Global Hearing Aids Market Size Market Share by Region: 2019 VS 2024 VS 2030
Table Global Hearing Aids Revenue by Region (2019-2024) & ($)
Table Global Hearing Aids Revenue Forecast by Region (2024-2030) & ($)
Table Global Hearing Aids Revenue Market Share by Region (2019-2030)
Table Global Hearing Aids Volume by Region (2019-2024) & ($)
Table Global Hearing Aids Volume Forecast by Region (2024-2030) & ($)
Table Global Hearing Aids Volume Market Share by Region (2019-2030)
Figure North America Hearing Aids Revenue Growth Rate 2019-2030
Table North America Hearing Aids Revenue by Country (2019-2030) & ($)
Figure U.S. Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Canada Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Asia Pacific Hearing Aids Revenue Growth Rate 2019-2030 ($)
Table Asia Pacific Hearing Aids Revenue by Country (2019-2030) & ($)
Figure China Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Japan Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure South Korea Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure India Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Australia Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Southeast Asia Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Europe Hearing Aids Revenue Growth Rate 2019-2030 ($)
Table Europe Hearing Aids Revenue by Country (2019-2030) & ($)
Figure Germany Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure France Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure UK Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Italy Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Russia Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Latin America Hearing Aids Revenue Growth Rate 2019-2030 ($)
Table Latin America Hearing Aids Revenue by Country (2019-2030) & ($)
Figure Mexico Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Brazil Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Argentina Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Middle East and Africa Hearing Aids Revenue Growth Rate 2019-2030 ($)
Table Middle East and Africa Hearing Aids Revenue by Country (2019-2030) & ($)
Figure Turkey Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure Saudi Arabia Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Figure UAE Hearing Aids Revenue Growth Rate (2019-2030) & ($)
Table Phonak Company Details
Table Description and Business Overview
Table Hearing Aids Introduction
Table Phonak Hearing Aids Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Phonak Recent Development
Table Benson Hearing Company Details
Table Description and Business Overview
Table Hearing Aids Introduction
Table Benson Hearing Hearing Aids Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Benson Hearing Recent Development
Table GN Store Nord A/S Company Details
Table Description and Business Overview
Table Hearing Aids Introduction
Table GN Store Nord A/S Hearing Aids Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table GN Store Nord A/S Recent Development
Table Starkey Company Details
Table Description and Business Overview
Table Hearing Aids Introduction
Table Starkey Hearing Aids Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Starkey Recent Development
Table MED-EL Company Details
Table Description and Business Overview
Table Hearing Aids Introduction
Table MED-EL Hearing Aids Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table MED-EL Recent Development
Table William Demant Holding A/S Company Details
Table Description and Business Overview
Table Hearing Aids Introduction
Table William Demant Holding A/S Hearing Aids Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table William Demant Holding A/S Recent Development
Table Medtronic Company Details
Table Description and Business Overview
Table Hearing Aids Introduction
Table Medtronic Hearing Aids Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Medtronic Recent Development
Table Widex USA Inc. Company Details
Table Description and Business Overview
Table Hearing Aids Introduction
Table Widex USA Inc. Hearing Aids Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Widex USA Inc. Recent Development
Table Sivantos Pte. Ltd. Company Details
Table Description and Business Overview
Table Hearing Aids Introduction
Table Sivantos Pte. Ltd. Hearing Aids Revenue, Sales, and Gross Margin (2019-2024) (Million USD)
Table Sivantos Pte. Ltd. Recent Development
Figure Hearing Aids Value Chain
Table Key Raw Materials
Table Major Distributors of Hearing Aids with Contact Information
Table Research Process
Figure Bottom-up and Top-down Approaches for This Report
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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