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Global Bone-Anchored Hearing Aids Market: By End Use: Paediatrics, Adults, Geriatrics; By Application: Sensorineural Hearing Loss, Conductive Hearing Loss, Mixed Hearing Loss, Single Sided Deafness; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments
Global Bone Anchored Hearing Aids Market Outlook
The global bone anchored hearing aids market is expected to grow by nearly USD 146.9 million at a CAGR of 13% during the forecast period of 2022-2027, owing to growing incidences of hearing loss amongst the geriatrics.
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Properties and Applications
Bone-anchored hearing aids is a hearing device that operates on the bone conduction. It functions by fastening a steel spring above the patient's head that uses vibrations to treat hearing loss by the direct transmission of sounds through the bone to the inner ear. It is used to treat sensorineural hearing loss, conductive hearing loss, mixed hearing loss, and single sided deafness. The end-uses of the product are:
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- Paediatrics
- Adults
- Geriatrics
The EMR report looks into the regional markets of bone-anchored hearing aids like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
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Market Analysis
The market for bone anchored hearing aids is being driven by the rising demand for custom hearing aids and enhanced technological developments such as aesthetic hearing aids. North America is the leading market due to the high demand for bone anchored hearing technologies. Europe, followed by the Asia Pacific, is the emerging market for the product owing to the growing geriatric population in the region.
The presence of substitutes in the market such as cochlear implants, hearing aids, and auditory brain stem implants are providing a rough competition to the global bone anchored hearing aids industry. The side effects, such as osseointegration failure, chronic infection, and skin irritation, caused by the application of the product might further hinder the growth of the industry.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global market for bone anchored hearing aids, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Oticon A/S
- Sonova Holding AG
- Widex A/S
- Siemens AG
- Sonic Innovations, Inc.
- GN Hearing A/S.
- Others
The EMR report gives an in-depth insight into the market by providing a SWOT analysis as well as an analysis of Porter’s five forces.
| REPORT FEATURES | DETAILS |
|---|---|
| Base Year | 2020 |
| Historical Period | 2017-2021 |
| Forecast Period | 2022-2027 |
| Scope of the Report | Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- End Use, Application, Region |
| Breakup by End Use | Paediatrics, Adults, Geriatrics |
| Breakup by Application | Sensorineural Hearing Loss, Conductive Hearing Loss, Mixed Hearing Loss, Single Sided Deafness |
| Breakup by Region | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
| Market Dynamics | SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand |
| Competitive Landscape | Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications |
| Companies Covered | Oticon A/S, Sonova Holding AG, Widex A/S, Siemens AG, Sonic Innovations, Inc., GN Hearing A/S., Others |
| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Snapshot
6.1 Global
6.2 Regional
7 Industry Opportunities and Challenges
8 Global Bone Anchored Hearing Aids Market Analysis
8.1 Key Industry Highlights
8.2 Global Bone Anchored Hearing Aids Historical Market (2017-2021)
8.3 Global Bone Anchored Hearing Aids Market Forecast (2022-2027)
8.4 Global Bone Anchored Hearing Aids Market by End Use
8.4.1 Pediatrics
8.4.1.1 Market Share
8.4.1.2 Historical Trend (2017-2021)
8.4.1.3 Forecast Trend (2022-2027)
8.4.2 Adults
8.4.2.1 Market Share
8.4.2.2 Historical Trend (2017-2021)
8.4.2.3 Forecast Trend (2022-2027)
8.4.3 Geriatrics
8.4.3.1 Market Share
8.4.3.2 Historical Trend (2017-2021)
8.4.3.3 Forecast Trend (2022-2027)
8.5 Global Bone Anchored Hearing Aids Market by Application
8.5.1 Sensorineural Hearing Loss
8.5.1.1 Market Share
8.5.1.2 Historical Trend (2017-2021)
8.5.1.3 Forecast Trend (2022-2027)
8.5.2 Conductive Hearing Loss
8.5.2.1 Market Share
8.5.2.2 Historical Trend (2017-2021)
8.5.2.3 Forecast Trend (2022-2027)
8.5.3 Mixed Hearing Loss
8.5.3.1 Market Share
8.5.3.2 Historical Trend (2017-2021)
8.5.3.3 Forecast Trend (2022-2027)
8.5.4 Single Sided Deafness
8.5.4.1 Market Share
8.5.4.2 Historical Trend (2017-2021)
8.5.4.3 Forecast Trend (2022-2027)
8.5.5 Others
8.6 Global Bone Anchored Hearing Aids Market by Region
8.6.1 Market Share
8.6.1.1 North America
8.6.1.2 Europe
8.6.1.3 Asia Pacific
8.6.1.4 Latin America
8.6.1.5 Middle East and Africa
9 Regional Analysis
9.1 North America
9.1.1 Historical Trend (2017-2021)
9.1.2 Forecast Trend (2022-2027)
9.1.3 Breakup by Country
9.1.3.1 United States of America
9.1.3.2 Canada
9.2 Europe
9.2.1 Historical Trend (2017-2021)
9.2.2 Forecast Trend (2022-2027)
9.2.3 Breakup by Country
9.2.3.1 United Kingdom
9.2.3.2 Germany
9.2.3.3 France
9.2.3.4 Italy
9.2.3.5 Others
9.3 Asia Pacific
9.3.1 Historical Trend (2017-2021)
9.3.2 Forecast Trend (2022-2027)
9.3.3 Breakup by Country
9.3.3.1 China
9.3.3.2 Japan
9.3.3.3 India
9.3.3.4 ASEAN
9.3.3.5 Australia
9.3.3.6 Others
9.4 Latin America
9.4.1 Historical Trend (2017-2021)
9.4.2 Forecast Trend (2022-2027)
9.4.3 Breakup by Country
9.4.3.1 Brazil
9.4.3.2 Argentina
9.4.3.3 Mexico
9.4.3.4 Others
9.5 Middle East and Africa
9.5.1 Historical Trend (2017-2021)
9.5.2 Forecast Trend (2022-2027)
9.5.3 Breakup by Country
9.5.3.1 Saudi Arabia
9.5.3.2 United Arab Emirates
9.5.3.3 Nigeria
9.5.3.4 South Africa
9.5.3.5 Others
10 Market Dynamics
10.1 SWOT Analysis
10.1.1 Strengths
10.1.2 Weaknesses
10.1.3 Opportunities
10.1.4 Threats
10.2 Porter’s Five Forces Analysis
10.2.1 Supplier’s Power
10.2.2 Buyer’s Power
10.2.3 Threat of New Entrants
10.2.4 Degree of Rivalry
10.2.5 Threat of Substitutes
10.3 EMR’s Key Indicators for Demand
10.4 EMR’s Key Indicators for Price
11 Value Chain Analysis
12 Price Analysis
13 Competitive Landscape
13.1 Market Structure
13.2 Company Profiles
13.2.1 Oticon Medical A/S.
13.2.1.1 Company Overview
13.2.1.2 Product Portfolio
13.2.1.3 Demographic Reach and Achievements
13.2.1.4 Certifications
13.2.2 GN Hearing A/S.
13.2.2.1 Company Overview
13.2.2.2 Product Portfolio
13.2.2.3 Demographic Reach and Achievements
13.2.2.4 Certifications
13.2.3 Cochlear Ltd.
13.2.3.1 Company Overview
13.2.3.2 Product Portfolio
13.2.3.3 Demographic Reach and Achievements
13.2.3.4 Certifications
13.2.4 Medtronic plc
13.2.4.1 Company Overview
13.2.4.2 Product Portfolio
13.2.4.3 Demographic Reach and Achievements
13.2.4.4 Certifications
13.2.5 MED-EL Elektromedizinische Geräte GmbH
13.2.5.1 Company Overview
13.2.5.2 Product Portfolio
13.2.5.3 Demographic Reach and Achievements
13.2.5.4 Certifications
13.2.6 Others
14 Industry Events and Developments
List of Figures and Tables
1. Global Bone Anchored Hearing Aids Market: Key Industry Highlights, 2017 and 2027
2. Global Bone Anchored Hearing Aids Historical Market: Breakup by End Use (USD Million), 2017-2021
3. Global Bone Anchored Hearing Aids Market Forecast: Breakup by End Use (USD Million), 2022-2027
4. Global Bone Anchored Hearing Aids Historical Market: Breakup by Application (USD Million), 2017-2021
5. Global Bone Anchored Hearing Aids Market Forecast: Breakup by Application (USD Million), 2022-2027
6. Global Bone Anchored Hearing Aids Historical Market: Breakup by Region (USD Million), 2017-2021
7. Global Bone Anchored Hearing Aids Market Forecast: Breakup by Region (USD Million), 2022-2027
8. North America Bone Anchored Hearing Aids Historical Market: Breakup by Country (USD Million), 2017-2021
9. North America Bone Anchored Hearing Aids Market Forecast: Breakup by Country (USD Million), 2022-2027
10. Europe Bone Anchored Hearing Aids Historical Market: Breakup by Country (USD Million), 2017-2021
11. Europe Bone Anchored Hearing Aids Market Forecast: Breakup by Country (USD Million), 2022-2027
12. Asia Pacific Bone Anchored Hearing Aids Historical Market: Breakup by Country (USD Million), 2017-2021
13. Asia Pacific Bone Anchored Hearing Aids Market Forecast: Breakup by Country (USD Million), 2022-2027
14. Latin America Bone Anchored Hearing Aids Historical Market: Breakup by Country (USD Million), 2017-2021
15. Latin America Bone Anchored Hearing Aids Market Forecast: Breakup by Country (USD Million), 2022-2027
16. Middle East and Africa Bone Anchored Hearing Aids Historical Market: Breakup by Country (USD Million), 2017-2021
17. Middle East and Africa Bone Anchored Hearing Aids Market Forecast: Breakup by Country (USD Million), 2022-2027
18. Global Bone Anchored Hearing Aids Market Structure
Key Questions Answered in the Report
The global bone anchored hearing aids market is projected to grow at a CAGR of nearly 13% in the forecast period of 2022-2027.
The major drivers of the industry include rising disposable incomes, increasing population, rising demand for custom hearing aids, and enhanced technological developments such as aesthetic hearing aids.
The rising incidences of hearing loss amongst the geriatrics is expected to be a key trend guiding the growth of the industry.
North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa are the leading regions in the market, with North America accounting for the largest market share.
The leading end use sectors of bone anchored hearing aids in the industry are paediatrics, adults, and geriatrics.
The significant application segments of the product include sensorineural hearing loss, conductive hearing loss, mixed hearing loss, and single sided deafness.
The leading players in the market are Oticon A/S, Sonova Holding AG, Widex A/S, Siemens AG, Sonic Innovations, Inc., and GN Hearing A/S., among others.
Analyst Review
The global bone anchored hearing aids market is primarily being driven by the rising incidences of hearing loss amongst the geriatrics. Aided by the rising demand for custom hearing aids and enhanced technological developments such as aesthetic hearing aids, the industry is expected to witness a robust growth in the forecast period of 2022-2027, growing at a CAGR of 13%.
EMR’s meticulous research methodology delves deep into the industry, covering the macro and micro aspects of the industry. Based on end use, the market can be segmented into paediatrics, adults, and geriatrics. By form, the encapsulated PCMs lead the industry. On the basis of application, the industry can be divided into sensorineural hearing loss, conductive hearing loss, mixed hearing loss, and single sided deafness. The major regional markets of bone anchored hearing aids are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa, with North America accounting for the largest share of the market. The key players in the above industry include Oticon A/S, Sonova Holding AG, Widex A/S, Siemens AG, Sonic Innovations, Inc., and GN Hearing A/S., among others.
EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.
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