MARKET INTRODUCTION Mrinal Mrinal will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Box hearing aids is a medical device used to amplify the sound so that the person can clearly hear. Various hearing aids products available in the market are bone-anchored systems, canal hearing aids, in-the-ear (ITE) hearing aids, cochlear implants, behind-the-ear (BTE) hearing aids, and receiver-in-the-ear (RITE) hearing aids among others.
MARKET DYNAMICS
The box hearing aids market is driving due to rising incidences of hearing problems across the global, escalating levels of noise pollution globally and growing geriatric population. However, lack of adoption in low-income countries is expected to hamper the growth of the global box hearing aids market. Moreover, subsidies, grants, and funding are offered by governments worldwide is anticipated to drive demand the growth of the market.
MARKET SCOPE
The "Box Hearing Aids Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of box hearing aids market with detailed market segmentation by product, and patient type. The box hearing aids market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in box hearing aids market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The box hearing aids market is segmented based on product, and patient type. Based on product, the market is segmented into behind-the-ear (BTE) hearing aids, in-the-ear (ITE) hearing aids. Based on patient type, the market is segmented into adult, pediatric.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Box Hearing Aids market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Box Hearing Aids market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Box Hearing Aids market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social, and technological factors effecting the Box Hearing Aids market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the Box Hearing Aids market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The Box Hearing Aids market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Box Hearing Aids market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social, and technological factors effecting the Box Hearing Aids market in these regions.
MARKET PLAYERS
The report covers key developments in the Box Hearing Aids market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Box Hearing Aids market are anticipated to have lucrative growth opportunities in the future with the rising demand for Box Hearing Aids market in the global market. Below mentioned is the list of few companies engaged in the Box Hearing Aids market.
The report also includes the profiles of key players in Box Hearing Aids market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Oticon
- Starkey
- WIDEX A/S
- ReSound (GN Hearing A/S)
- Phonak
- Sivantos Pte. Ltd.
- Unitron
- Amplifon
- Miracle-Ear
- Audina Hearing Instruments, Inc
The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Box Hearing Aids Market - By Product
1.3.2 Box Hearing Aids Market - By Patient Type
1.3.3 Box Hearing Aids Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BOX HEARING AIDS MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. BOX HEARING AIDS MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BOX HEARING AIDS MARKET - GLOBAL MARKET ANALYSIS
6.1. BOX HEARING AIDS - GLOBAL MARKET OVERVIEW
6.2. BOX HEARING AIDS - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. BOX HEARING AIDS MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. BEHIND-THE-EAR (BTE) HEARING AIDS
7.3.1. Overview
7.3.2. Behind-The-Ear (BTE) Hearing Aids Market Forecast and Analysis
7.4. IN-THE-EAR (ITE) HEARING AIDS
7.4.1. Overview
7.4.2. In-The-Ear (ITE) Hearing Aids Market Forecast and Analysis
8. BOX HEARING AIDS MARKET - REVENUE AND FORECASTS TO 2028 - PATIENT TYPE
8.1. OVERVIEW
8.2. PATIENT TYPE MARKET FORECASTS AND ANALYSIS
8.3. ADULT
8.3.1. Overview
8.3.2. Adult Market Forecast and Analysis
8.4. PEDIATRIC
8.4.1. Overview
8.4.2. Pediatric Market Forecast and Analysis
9. BOX HEARING AIDS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Box Hearing Aids Market Overview
9.1.2 North America Box Hearing Aids Market Forecasts and Analysis
9.1.3 North America Box Hearing Aids Market Forecasts and Analysis - By Product
9.1.4 North America Box Hearing Aids Market Forecasts and Analysis - By Patient Type
9.1.5 North America Box Hearing Aids Market Forecasts and Analysis - By Countries
9.1.5.1 United States Box Hearing Aids Market
9.1.5.1.1 United States Box Hearing Aids Market by Product
9.1.5.1.2 United States Box Hearing Aids Market by Patient Type
9.1.5.2 Canada Box Hearing Aids Market
9.1.5.2.1 Canada Box Hearing Aids Market by Product
9.1.5.2.2 Canada Box Hearing Aids Market by Patient Type
9.1.5.3 Mexico Box Hearing Aids Market
9.1.5.3.1 Mexico Box Hearing Aids Market by Product
9.1.5.3.2 Mexico Box Hearing Aids Market by Patient Type
9.2. EUROPE
9.2.1 Europe Box Hearing Aids Market Overview
9.2.2 Europe Box Hearing Aids Market Forecasts and Analysis
9.2.3 Europe Box Hearing Aids Market Forecasts and Analysis - By Product
9.2.4 Europe Box Hearing Aids Market Forecasts and Analysis - By Patient Type
9.2.5 Europe Box Hearing Aids Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Box Hearing Aids Market
9.2.5.1.1 Germany Box Hearing Aids Market by Product
9.2.5.1.2 Germany Box Hearing Aids Market by Patient Type
9.2.5.2 France Box Hearing Aids Market
9.2.5.2.1 France Box Hearing Aids Market by Product
9.2.5.2.2 France Box Hearing Aids Market by Patient Type
9.2.5.3 Italy Box Hearing Aids Market
9.2.5.3.1 Italy Box Hearing Aids Market by Product
9.2.5.3.2 Italy Box Hearing Aids Market by Patient Type
9.2.5.4 Spain Box Hearing Aids Market
9.2.5.4.1 Spain Box Hearing Aids Market by Product
9.2.5.4.2 Spain Box Hearing Aids Market by Patient Type
9.2.5.5 United Kingdom Box Hearing Aids Market
9.2.5.5.1 United Kingdom Box Hearing Aids Market by Product
9.2.5.5.2 United Kingdom Box Hearing Aids Market by Patient Type
9.2.5.6 Rest of Europe Box Hearing Aids Market
9.2.5.6.1 Rest of Europe Box Hearing Aids Market by Product
9.2.5.6.2 Rest of Europe Box Hearing Aids Market by Patient Type
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Box Hearing Aids Market Overview
9.3.2 Asia-Pacific Box Hearing Aids Market Forecasts and Analysis
9.3.3 Asia-Pacific Box Hearing Aids Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Box Hearing Aids Market Forecasts and Analysis - By Patient Type
9.3.5 Asia-Pacific Box Hearing Aids Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Box Hearing Aids Market
9.3.5.1.1 Australia Box Hearing Aids Market by Product
9.3.5.1.2 Australia Box Hearing Aids Market by Patient Type
9.3.5.2 China Box Hearing Aids Market
9.3.5.2.1 China Box Hearing Aids Market by Product
9.3.5.2.2 China Box Hearing Aids Market by Patient Type
9.3.5.3 India Box Hearing Aids Market
9.3.5.3.1 India Box Hearing Aids Market by Product
9.3.5.3.2 India Box Hearing Aids Market by Patient Type
9.3.5.4 Japan Box Hearing Aids Market
9.3.5.4.1 Japan Box Hearing Aids Market by Product
9.3.5.4.2 Japan Box Hearing Aids Market by Patient Type
9.3.5.5 South Korea Box Hearing Aids Market
9.3.5.5.1 South Korea Box Hearing Aids Market by Product
9.3.5.5.2 South Korea Box Hearing Aids Market by Patient Type
9.3.5.6 Rest of Asia-Pacific Box Hearing Aids Market
9.3.5.6.1 Rest of Asia-Pacific Box Hearing Aids Market by Product
9.3.5.6.2 Rest of Asia-Pacific Box Hearing Aids Market by Patient Type
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Box Hearing Aids Market Overview
9.4.2 Middle East and Africa Box Hearing Aids Market Forecasts and Analysis
9.4.3 Middle East and Africa Box Hearing Aids Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Box Hearing Aids Market Forecasts and Analysis - By Patient Type
9.4.5 Middle East and Africa Box Hearing Aids Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Box Hearing Aids Market
9.4.5.1.1 South Africa Box Hearing Aids Market by Product
9.4.5.1.2 South Africa Box Hearing Aids Market by Patient Type
9.4.5.2 Saudi Arabia Box Hearing Aids Market
9.4.5.2.1 Saudi Arabia Box Hearing Aids Market by Product
9.4.5.2.2 Saudi Arabia Box Hearing Aids Market by Patient Type
9.4.5.3 U.A.E Box Hearing Aids Market
9.4.5.3.1 U.A.E Box Hearing Aids Market by Product
9.4.5.3.2 U.A.E Box Hearing Aids Market by Patient Type
9.4.5.4 Rest of Middle East and Africa Box Hearing Aids Market
9.4.5.4.1 Rest of Middle East and Africa Box Hearing Aids Market by Product
9.4.5.4.2 Rest of Middle East and Africa Box Hearing Aids Market by Patient Type
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Box Hearing Aids Market Overview
9.5.2 South and Central America Box Hearing Aids Market Forecasts and Analysis
9.5.3 South and Central America Box Hearing Aids Market Forecasts and Analysis - By Product
9.5.4 South and Central America Box Hearing Aids Market Forecasts and Analysis - By Patient Type
9.5.5 South and Central America Box Hearing Aids Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Box Hearing Aids Market
9.5.5.1.1 Brazil Box Hearing Aids Market by Product
9.5.5.1.2 Brazil Box Hearing Aids Market by Patient Type
9.5.5.2 Argentina Box Hearing Aids Market
9.5.5.2.1 Argentina Box Hearing Aids Market by Product
9.5.5.2.2 Argentina Box Hearing Aids Market by Patient Type
9.5.5.3 Rest of South and Central America Box Hearing Aids Market
9.5.5.3.1 Rest of South and Central America Box Hearing Aids Market by Product
9.5.5.3.2 Rest of South and Central America Box Hearing Aids Market by Patient Type
10. IMPACT OF COVID-19 PANDEMIC ON GLOBAL BOX HEARING AIDS MARKET
10.1 North America
10.2 Europe
10.3 Asia-Pacific
10.4 Middle East and Africa
10.5 South and Central America
11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
12. BOX HEARING AIDS MARKET, KEY COMPANY PROFILES
12.1. OTICON
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. STARKEY
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. WIDEX A/S
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. RESOUND (GN HEARING A/S)
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. PHONAK
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. SIVANTOS PTE. LTD.
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. UNITRON
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. AMPLIFON
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. MIRACLE-EAR
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. AUDINA HEARING INSTRUMENTS, INC
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments
13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
1. Oticon
2. Starkey
3. WIDEX A/S
4. ReSound (GN Hearing A/S)
5. Phonak
6. Sivantos Pte. Ltd.
7. Unitron
8. Amplifon
9. Miracle-Ear
10. Audina Hearing Instruments, Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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