Global Canal Hearing Aids Market Insights, Forecast to 2026

Published On: March 2020 | Report ID: 196238 | Category: Medical DevicesPages: 112

Hearing aid is a small device used by a hearing-impaired person to amplify sound in order to capture it through an ear. Initially, ear devices were designed to gather sound energy in order to pass it into the ear canal. Modern devices are made of computerized electroacoustic systems that help to transform sound in a more intelligible and comfortable way. Audiologists play a vital role in configuring these devices in order to match the frequency with the physical features and lifestyle of the wearer. Hearing aid is not a solution for correction of hearing loss, rather to make the sound accessible to the ear.

One of the primary drivers for this market is the market penetration of digital technologies for hearing aids. With the use of digital technology, the background noise can be eliminated. In some hearing aids, the background noise can be controlled by using volume controller and noise blocker. Furthermore, smartphones have been integrated with the modern applications for helping hearing impairment patients in leading a normal lifestyle. The digital hearing aids are also equipped more than one listening programs. For instance, Signia Insio Primax 7px IIC is one of the premium, digital technology based canal hearing aid device. Signia has introduced a free mobile application called TouchControl, which is compatible with iPhones and Android devices. With the use of this application, the individual can discreetly control the hearing aids using a smartphone. This technological development in the canal hearing aids market is expected to propel the market growth in the coming years.

In terms of region, the market in Europe is expected to expand at the highest growth rate, followed by North America. Rapid rise in geriatric population, growing incidence/increasing prevalence of hearing loss, and high purchasing power of patients is projected to augment the market in the region. Asia Pacific is expected to emerge as the fastest growing market. Developing countries in Asia Pacific such as India and China present significant expansion opportunities. Large patient pool, increasing geriatric population, and rising noise pollution drive the market in these countries. Increase in hearing-related problems, increasing awareness among patients about deafness, and expanding health care infrastructure are factors likely to boost the growth of the market in Latin America.

The global Canal Hearing Aids market is valued at xx million US$ in 2020 and will reach xx million US$ by the end of 2026, growing at a CAGR of xx% during 2020-2026. The objectives of this study are to define, segment, and project the size of the Canal Hearing Aids market based on company, product type, end user and key regions.

This report studies the global market size of Canal Hearing Aids in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Canal Hearing Aids in these regions.

This research report categorizes the global Canal Hearing Aids market by top players/brands, region, type and end user. This report also studies the global Canal Hearing Aids market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:

Sonova

Sivantos

Starkey

Aura Hearing Aid

Eartone

GN Hearing

Union Hearing Aid Centre

Market size by Product

CIC

ITC

IIC

Market size by End User

Hospitals

Clinics

Individuals

Market size by Region

North America

United States

Canada

Mexico

Asia-Pacific

China

India

Japan

South Korea

Australia

Indonesia

Singapore

Malaysia

Philippines

Thailand

Vietnam

Europe

Germany

France

UK

Italy

Spain

Russia

Central & South America

Brazil

Rest of Central & South America

Middle East & Africa

GCC Countries

Turkey

Egypt

South Africa

The study objectives of this report are:

To study and analyze the global Canal Hearing Aids market size (value & volume) by company, key regions, products and end user, breakdown data from 2015 to 2019, and forecast to 2026.

To understand the structure of Canal Hearing Aids market by identifying its various subsegments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Canal Hearing Aids companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.

To project the value and sales volume of Canal Hearing Aids submarkets, with respect to key regions.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Canal Hearing Aids are as follows:

History Year: 2015-2019

Base Year: 2019

Estimated Year: 2020

Forecast Year 2020 to 2026

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Canal Hearing Aids market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Table of Contents

1 Study Coverage

1.1 Canal Hearing Aids Product

1.2 Market Segments

1.3 Key Manufacturers Covered

1.4 Market by Type

1.4.1 Global Canal Hearing Aids Market Size Growth Rate by Product

1.4.2 CIC

1.4.3 ITC

1.4.4 IIC

1.5 Market by End User

1.5.1 Global Canal Hearing Aids Market Size Growth Rate by End User

1.5.2 Hospitals

1.5.3 Clinics

1.5.4 Individuals

1.6 Study Objectives

1.7 Years Considered

2 Executive Summary

2.1 Global Canal Hearing Aids Market Size

2.1.1 Global Canal Hearing Aids Revenue 2015-2026

2.1.2 Global Canal Hearing Aids Sales 2015-2026

2.2 Canal Hearing Aids Growth Rate by Regions

2.2.1 Global Canal Hearing Aids Sales by Regions

2.2.2 Global Canal Hearing Aids Revenue by Regions

3 Breakdown Data by Manufacturers

3.1 Canal Hearing Aids Sales by Manufacturers

3.1.1 Canal Hearing Aids Sales by Manufacturers

3.1.2 Canal Hearing Aids Sales Market Share by Manufacturers

3.1.3 Global Canal Hearing Aids Market Concentration Ratio (CR5 and HHI)

3.2 Canal Hearing Aids Revenue by Manufacturers

3.2.1 Canal Hearing Aids Revenue by Manufacturers (2015-2020)

3.2.2 Canal Hearing Aids Revenue Share by Manufacturers (2015-2020)

3.3 Canal Hearing Aids Price by Manufacturers

3.4 Canal Hearing Aids Manufacturing Base Distribution, Product Types

3.4.1 Canal Hearing Aids Manufacturers Manufacturing Base Distribution, Headquarters

3.4.2 Manufacturers Canal Hearing Aids Product Type

3.4.3 Date of International Manufacturers Enter into Canal Hearing Aids Market

3.5 Manufacturers Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Product

4.1 Global Canal Hearing Aids Sales by Product

4.2 Global Canal Hearing Aids Revenue by Product

4.3 Canal Hearing Aids Price by Product

5 Breakdown Data by End User

5.1 Overview

5.2 Global Canal Hearing Aids Breakdown Data by End User

6 North America

6.1 North America Canal Hearing Aids by Countries

6.1.1 North America Canal Hearing Aids Sales by Countries

6.1.2 North America Canal Hearing Aids Revenue by Countries

6.1.3 United States

6.1.4 Canada

6.1.5 Mexico

6.2 North America Canal Hearing Aids by Product

6.3 North America Canal Hearing Aids by End User

7 Europe

7.1 Europe Canal Hearing Aids by Countries

7.1.1 Europe Canal Hearing Aids Sales by Countries

7.1.2 Europe Canal Hearing Aids Revenue by Countries

7.1.3 Germany

7.1.4 France

7.1.5 UK

7.1.6 Italy

7.1.7 Russia

7.2 Europe Canal Hearing Aids by Product

7.3 Europe Canal Hearing Aids by End User

8 Asia Pacific

8.1 Asia Pacific Canal Hearing Aids by Countries

8.1.1 Asia Pacific Canal Hearing Aids Sales by Countries

8.1.2 Asia Pacific Canal Hearing Aids Revenue by Countries

8.1.3 China

8.1.4 Japan

8.1.5 Korea

8.1.6 India

8.1.7 Australia

8.1.8 Indonesia

8.1.9 Malaysia

8.1.10 Philippines

8.1.11 Thailand

8.1.12 Vietnam

8.1.13 Singapore

8.2 Asia Pacific Canal Hearing Aids by Product

8.3 Asia Pacific Canal Hearing Aids by End User

9 Central & South America

9.1 Central & South America Canal Hearing Aids by Countries

9.1.1 Central & South America Canal Hearing Aids Sales by Countries

9.1.2 Central & South America Canal Hearing Aids Revenue by Countries

9.1.3 Brazil

9.2 Central & South America Canal Hearing Aids by Product

9.3 Central & South America Canal Hearing Aids by End User

10 Middle East and Africa

10.1 Middle East and Africa Canal Hearing Aids by Countries

10.1.1 Middle East and Africa Canal Hearing Aids Sales by Countries

10.1.2 Middle East and Africa Canal Hearing Aids Revenue by Countries

10.1.3 GCC Countries

10.1.4 Turkey

10.1.5 Egypt

10.1.6 South Africa

10.2 Middle East and Africa Canal Hearing Aids by Product

10.3 Middle East and Africa Canal Hearing Aids by End User

11 Company Profiles

11.1 Sonova

11.1.1 Sonova Company Details

11.1.2 Company Business Overview

11.1.3 Sonova Canal Hearing Aids Sales, Revenue and Gross Margin (2015-2020)

11.1.4 Sonova Canal Hearing Aids Products Offered

11.1.5 Sonova Recent Development

11.2 Sivantos

11.2.1 Sivantos Company Details

11.2.2 Company Business Overview

11.2.3 Sivantos Canal Hearing Aids Sales, Revenue and Gross Margin (2015-2020)

11.2.4 Sivantos Canal Hearing Aids Products Offered

11.2.5 Sivantos Recent Development

11.3 Starkey

11.3.1 Starkey Company Details

11.3.2 Company Business Overview

11.3.3 Starkey Canal Hearing Aids Sales, Revenue and Gross Margin (2015-2020)

11.3.4 Starkey Canal Hearing Aids Products Offered

11.3.5 Starkey Recent Development

11.4 Aura Hearing Aid

11.4.1 Aura Hearing Aid Company Details

11.4.2 Company Business Overview

11.4.3 Aura Hearing Aid Canal Hearing Aids Sales, Revenue and Gross Margin (2015-2020)

11.4.4 Aura Hearing Aid Canal Hearing Aids Products Offered

11.4.5 Aura Hearing Aid Recent Development

11.5 Eartone

11.5.1 Eartone Company Details

11.5.2 Company Business Overview

11.5.3 Eartone Canal Hearing Aids Sales, Revenue and Gross Margin (2015-2020)

11.5.4 Eartone Canal Hearing Aids Products Offered

11.5.5 Eartone Recent Development

11.6 GN Hearing

11.6.1 GN Hearing Company Details

11.6.2 Company Business Overview

11.6.3 GN Hearing Canal Hearing Aids Sales, Revenue and Gross Margin (2015-2020)

11.6.4 GN Hearing Canal Hearing Aids Products Offered

11.6.5 GN Hearing Recent Development

11.7 Union Hearing Aid Centre

11.7.1 Union Hearing Aid Centre Company Details

11.7.2 Company Business Overview

11.7.3 Union Hearing Aid Centre Canal Hearing Aids Sales, Revenue and Gross Margin (2015-2020)

11.7.4 Union Hearing Aid Centre Canal Hearing Aids Products Offered

11.7.5 Union Hearing Aid Centre Recent Development

12 Future Forecast

12.1 Canal Hearing Aids Market Forecast by Regions

12.1.1 Global Canal Hearing Aids Sales Forecast by Regions 2020-2026

12.1.2 Global Canal Hearing Aids Revenue Forecast by Regions 2020-2026

12.2 Canal Hearing Aids Market Forecast by Product

12.2.1 Global Canal Hearing Aids Sales Forecast by Product 2020-2026

12.2.2 Global Canal Hearing Aids Revenue Forecast by Product 2020-2026

12.3 Canal Hearing Aids Market Forecast by End User

12.4 North America Canal Hearing Aids Forecast

12.5 Europe Canal Hearing Aids Forecast

12.6 Asia Pacific Canal Hearing Aids Forecast

12.7 Central & South America Canal Hearing Aids Forecast

12.8 Middle East and Africa Canal Hearing Aids Forecast

13 Market Opportunities, Challenges, Risks and Influences Factors Analysis

13.1 Market Opportunities and Drivers

13.2 Market Challenges

13.3 Market Risks/Restraints

13.4 Macroscopic Indicators

14 Value Chain and Sales Channels Analysis

14.1 Value Chain Analysis

14.2 Canal Hearing Aids Customers

14.3 Sales Channels Analysis

14.3.1 Sales Channels

14.3.2 Distributors

15 Research Findings and Conclusion

16 Appendix

16.1 Research Methodology

16.1.1 Methodology/Research Approach

16.1.2 Data Source

16.2 Author Details

16.3 Disclaimer

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