Audiology Devices Market Size & Share, by Technology (Analog, Digital); Product (Hearing Aids, Diagnostic Devices, BAHA/BAHS, Cochlear Implants); Age Group (Adults, Pediatrics); Distribution Channel (E-Commerce, Retail Sales) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2023-2033

  • Report ID: 4303
  • Published Date: Feb 16, 2023
  • Report Format: PDF, PPT

Companies Dominating the Audiology Devices Landscape

    • Inventis S.r.l.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Demant A/S
    • Oticon Medical A/S
    • GN Store Nord A/S
    • MAICO Diagnostics GmbH
    • Sonova AG
    • WS Audiology A/S
    • Audina Hearing Instruments, Inc.
    • Cochlear Limited
    • MED-EL Elektromedizinische Geräte Gesellschaft m.b.H.

Browse Key Market Insights with Data Illustration:


In The News

  • GN Store Nord A/S to introduce Jabra Enhance Plus, a wireless earbud with the hearing experience of 3-in-1 upgrades for people living with unaddressed hearing disabilities. The company has launched this product and showed its support based on the Over-the-Counter Hearing Aids regulation released by the U.S. Food & Drug Administration.

  • WS Audiology A/S to receive iF Design award for its brand, Signia. Signia won the award owing to its Insio Charge & Go AX hearing aids for the third time. It is known for contactless charging, direct streaming from Android and iOS along with comfort and discreet form.

Author Credits:  Radhika Gupta, Shivam Bhutani

  • Report ID: 4303
  • Published Date: Feb 16, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising geriatric population across the globe, increasing prevalence of acute otitis media, and significant prevalence of unsafe listening practices are the major factors driving the market growth.

The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2023-2033.

Disrupted supply-chain as of COVID-19, requirement of high initial investment, and lack of awareness about new innovative devices are estimated to be the growth hindering factors for the market expansion.

The market in the North American region is projected to hold the largest market share by the end of 2033 and provide more business opportunities in the future.

The major players in the market are Inventis S.r.l., Demant A/S, Oticon Medical A/S, GN Store Nord A/S, MAICO Diagnostics GmbH, Sonova AG, WS Audiology A/S, Audina Hearing Instruments, Inc., and others.

The company profiles are selected based on the revenues generated from the product segment, geographical presence of the company which determine the revenue generating capacity as well as the new products being launched into the market by the company.

The market is segmented by technology, product, age group, distribution channel, and by region.

The hearing aids segment is anticipated to garner the largest market size by the end of 2033 and display significant growth opportunities.
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