Global Bone-Anchored Hearing Aids Market to Grow at a CAGR of 13% During 2024-2032, Aided by Rising Demand for Customised Hearing Solutions and Technological Advancements

A bone-anchored hearing aid (BAHA) is a surgically implanted medical device intended to assist individuals experiencing hearing loss. BAHA systems bypass certain challenges associated with hearing impairment by transmitting sound vibrations directly to the inner ear via the skull bone. These solutions perform optimally for patients possessing at least partial functional capacity in one inner ear, allowing sound waves to be perceived normally.

The high prevalence of hearing loss among older populations is aiding the bone-anchored hearing aids market growth. Furthermore, growing awareness and technological advancements in diagnosing hearing loss in infants and children are expected to drive growth of the child and pediatric bone conduction hearing aids segment in the coming years.

Improving global healthcare infrastructure and rising healthcare expenditures are fuelling the adoption of new technologies, boosting the market growth. Innovations in bone conduction, such as increased ease of use, noise reduction capabilities, and enhanced durability are changing the landscape of bone conduction hearing aids.

As medical solutions continue to address hearing impairments effectively while prioritising user experience, the market is well-positioned to meet the needs of an ageing population with growing hearing needs. Key players also offer unique and innovative solutions to meet the needs of the geriatric population.

Medtronic PLC (NYSE: MDT), offers an innovative bone conduction hearing implant that represents the next generation of implantable hearing technology - the Alpha 2 MPO ePlus™ bone conduction implant. This unique device offers the lowest profile design of bone conduction implant available. The Alpha 2 MPO ePlus™ implant from Medtronic utilises a novel magnetic attachment system that eliminates the need for a skin-piercing retention post. Specifically, the implant consists of a small titanium fixture that is securely implanted into the skull bone beneath the scalp during a minimally invasive surgical procedure. This allows for full wound closure and healing, leaving the skin completely intact.

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

Market Breakup by End Use, Application, and Region:

• On the basis of the end use, the market is bifurcated into paediatrics, adults, and geriatrics.

• The market can be segmented based on application into sensorineural hearing loss, conductive hearing loss, mixed hearing loss, and single sided deafness, among others.

• By region, the market can be bifurcated into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• Advancements in bone conduction technology have increased comfort and performance, expanding the addressable patient population. Additionally, the prevalence of hearing loss among geriatric patients continues to rise.

• Rising healthcare expenditures aid the bone-anchored hearing aids market expansion, as payors recognise the benefits of bone conduction devices. Their non-occlusive design improves access and quality of life compared to traditional hearing aids. Combined with strong consumer demand for effective, discreet solutions, these underlying market trends indicate an immense potential for bone conduction hearing aids moving forward.

• Advancements in bone conduction hearing aid technology are expected to drive increased adoption rates among those experiencing hearing loss or deafness. New transcutaneous devices aim to limit skin and wound complications while optimising bone conduction efficiency and reducing the incidence of skin issues. The advantages offered by these innovative hearing aids, such as diminished health risks and improved performance, are anticipated to bolster their acceptance in the patient community.

Key Offerings of the Report:

• The EMR report gives an overview of the global bone-anchored hearing aids market for the periods (2017-2023) and (2024-2032). 

• The report also offers historical (2017-2023) and forecast (2024-2032) market information for the end uses, applications, and regions of bone-anchored hearing aids.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global bone-anchored hearing aids market are Oticon Medical A/S., GN Hearing A/S., Cochlear Ltd., Medtronic plc, and MED-EL Elektromedizinische Geräte GmbH, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

Contact Us:

Expert Market Research
Website: www.expertmarketresearch.com
Email: sales@expertmarketresearch.com
US & Canada Phone no: +1-415-325-5166
UK Phone no: +44-702-402-5790

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.