The medical audiometer devices market is expected to reach US$ 175.73 million by 2028 from US$ 129.58 million in 2021; it is expected to grow at a CAGR of 4.4% from 2021 to 2028.
Medical audiometers are devices used to assess the level of hearing and measure and diagnose the severity of the hearing loss. Audiometers are made up of embedded hardware and a feedback button for the test participant that is connected to a pair of headphones. A regular PC is used to control this system. Audiometry is a technique for determining a person's hearing capacity. Types of audiometry procedures include immittance audiometry, pure tone audiometry, evoked response audiometry, and speech audiometry. Various technological advancements have led to the development of hybrid audiometers and PC-based audiometers to communicate and improve quality of life.
The medical audiometer devices market has been segmented based on type, end user, and geography. By geography, the market is primarily segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South & Central America. The report offers insights and in-depth analysis of the medical audiometer devices market, emphasizing market trends, technological advancements, market dynamics, and competitive landscape analysis of the globally leading market players.
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Medical Audiometer Devices Market: Strategic Insights
Market Size Value in US$ 129.58 million in 2021 Market Size Value by US$ 175.73 million by 2028 Growth rate CAGR of 4.4% from 2021 to 2028 Forecast Period 2021-2028 Base Year 2021
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Medical Audiometer Devices Market: Strategic Insights
| Market Size Value in | US$ 129.58 million in 2021 |
| Market Size Value by | US$ 175.73 million by 2028 |
| Growth rate | CAGR of 4.4% from 2021 to 2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Market Insights
Rising Prevalence of Hearing Disorders
The prevalence of hearing disorders is increasing across the world. Hearing disorders can lead to impairment of hearing sounds of greater than 40 decibels (dB) in the better-hearing ear in adults and greater than 30 dB in the better-hearing ear in children. Hearing disorders can be a hereditary or congenital disability, or they can be caused due to infectious disease, chronic ear infection, exposure to excessive noise, and old age. Infections in childhood such as measles, mumps, and meningitis; exposure to excessive or prolonged noise; and chronic otitis media are also responsible for hearing impairment. Hearing loss has become the most common disease in patients, especially in industrialized countries. According to the World Health Organization (WHO), ~5% of the world's population has disabled hearing. The number of people living with this medical condition is expected to reach over 900 million by 2050. Similarly, according to the Hearing Industries Association, more than 4.22 million hearing aids were distributed in the US in 2019, registering a 6.5% increase over the number reported in 2018.
According to the Hearing Loss Association of America (HLAA) report, Hearing Loss Facts and Statistics 2018, ~48 million Americans have some degree of hearing loss. It also mentioned that 2–3 out of every 1,000 children in the US are born with a detectable level of hearing loss in one or both ears. According to data reported by the Centers for Disease Control and Prevention, ~16% of adults in the US report hearing trouble, and 1 out of 5 men and 1 out of 8 women reported having some kind of hearing trouble. The prevalence of hearing loss is twice as common as diabetes or cancer. ~11% of Americans report tinnitus or ringing in the ears.
Thus, the increasing prevalence of hearing disorders and hearing loss among the population is boosting the sales of medical audiometers.
Type-Based Insights
Based on type, the medical audiometer devices market is segmented into hybrid audiometers, standalone audiometers, and PC-based audiometer. The PC-based audiometer segment would account for the largest market share in 2021, and the hybrid audiometers segment is anticipated to register the highest CAGR during the forecast period.
End User–Based Insights
Based on end user, the medical audiometer devices market is segmented into hospitals and clinics, research centers, and diagnostic centers. The hospitals and clinics segment would hold the largest share of the market in 2021, and the same segment is estimated to register the highest CAGR in the market during the forecast period.
The COVID-19 pandemic has become the most significant challenge across the world. As this pandemic has stressed healthcare systems across the globe, prioritizing the limited resources was essential to minimize hospital admissions. However, market players have adopted an innovative approach of tele-audiology solutions to deal with hearing loss patients. For instance, Satellite Tele-Audiology Solutions, part of the Inventis company, is said to be the first technology of its kind. This technology allows audiologists to interact and remotely perform complete hearing assessments with their patients in real-time. Such developments by the leading market players have resulted in the minimal impact of the COVID-19 pandemic on the medical audiometer devices market.
Acquisitions, collaborations, partnerships, product launches, and expansions are commonly adopted strategies by companies to expand their footprint worldwide and meet the growing demand. The medical audiometer devices market players have been chiefly adopting the strategy of product innovation to cater to the changing customer demand across the world, which also helps them maintain their brand name globally.
Medical Audiometer Devices Market Report Scope
Company Profiles
- Benson Medical Instruments Co.
- Hedera Biomedics S.r.l.
- Smart Diagnostic Devices
- Natus Medical Incorporated
- INVENTIS SRL
- Auditdata
- MedRx
- INTERACOUSTICS AS
- RESONANCE
- Hill Rom Holding Inc.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type, and End User, Geography
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Saudi Arabia, South Africa, South Korea, Spain, United Arab Emirates, United Kingdom, United States
1. Introduction
1.1 Scope of the Study
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 Global Medical Audiometer Devices Market – By Type
1.2.2 Global Medical Audiometer Devices Market – By End User
1.2.3 Global Medical Audiometer Devices Market – By Geography
2. Global Medical Audiometer Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Medical Audiometer Devices Market– 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 (SCAM) – PEST Analysis
4.3 Experts Opinion
5. Medical Audiometer Devices Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Hearing Disorders
5.1.2 Surge in Geriatric Population
5.1.3 Increased Awareness About Hearing Impairment
5.2 Market Restraints
5.2.1 Shortage of Trained Professionals for Using Audiometers
5.3 Market Opportunities
5.3.1 Growing Focus of Market Players And Governments On Addressing Hearing Impairment Issues In Developing Countries
5.4 Future Trends
5.4.1 Rising Emphasis on Digital Diagnostic Hearing Devices
5.5 Impact analysis
6. Medical Audiometer Devices Market– Global Analysis
6.1 Global Medical Audiometer Devices Market Revenue Forecast and Analysis
6.2 Global Medical Audiometer Devices Market, By Geography - Forecast and Analysis
6.3 Market Positioning of Key Players
7. Medical Audiometer Devices Market Analysis – By Type
7.1 Overview
7.2 Global Medical Audiometer Devices Market Share by Type 2021 & 2028 (%)
7.3 Hybrid Audiometers
7.3.1 Overview
7.3.2 Hybrid Audiometers Market Revenue and Forecast to 2028 (US$ Mn)
7.4 Standalone Audiometers
7.4.1 Overview
7.4.2 Standalone Audiometers Market Revenue and Forecast to 2028 (US$ Mn)
7.5 PC-Based Audiometer
7.5.1 Overview
7.5.2 PC-Based Audiometer Market Revenue and Forecast to 2028 (US$ Mn)
8. Medical Audiometer Devices Market Analysis – By End User
8.1 Overview
8.2 Medical Audiometer Devices Market Share, by End User, 2021 and 2028 (%)
8.3 Hospitals and Clinics
8.3.1 Overview
8.3.2 Hospitals and Clinics: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
8.4 Research Centers
8.4.1 Overview
8.4.2 Research Centers: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
8.5 Diagnostic Centers
8.5.1 Overview
8.5.2 Diagnostic Centers: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
9. Global Medical Audiometer Devices Market – Geographic Analysis
9.1 North America: Medical Audiometer Devices Market
9.1.1 Overview
9.1.2 North America: Medical Audiometer Devices Market - Revenue and Forecast to 2028 (USD Million)
9.1.3 North America Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.1.4 North America Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
9.1.5 North America: Medical Audiometer Devices Market, by Country, 2021 & 2028 (%)
9.1.5.1 US: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.5.1.1 US: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.5.1.2 US: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.1.5.1.3 US: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
9.1.5.2 Canada: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.5.2.1 Canada: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.5.2.2 Canada Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.1.5.2.3 Canada Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
9.1.5.3 Mexico: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.5.3.1 Mexico: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.1.5.3.2 Mexico Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.1.5.3.3 Mexico Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
9.2 Europe: Medical Audiometer Devices Market Revenue and Forecasts to 2028
9.2.1 Overview
9.2.2 Europe: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.3 Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.2.4 Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
9.2.5 Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Country (%)
9.2.5.1 Germany Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.1.1 Germany Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.1.2 Germany Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.2.5.1.3 Germany Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
9.2.5.2 UK Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.2.1 UK Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.2.2 UK Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.2.5.2.3 UK Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
9.2.5.3 France Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.3.1 France Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.3.2 France Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.2.5.3.3 France Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
9.2.5.4 Italy Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.4.1 Italy Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.4.2 Italy Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.2.5.4.3 Italy Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
9.2.5.5 Spain Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.5.1 Spain Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.5.2 Spain Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.2.5.5.3 Spain Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
9.2.5.6 Rest of Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.6.1 Rest of Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.2.5.6.2 Rest of Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.2.5.6.3 Rest of Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
9.3 Asia Pacific: Medical Audiometer Devices Market
9.3.1 Overview
9.3.2 Asia Pacific: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million),
9.3.3 Asia Pacific: Medical Audiometer Devices Market, by type – Revenue and Forecast to 2028 (USD Million)
9.3.4 Asia Pacific: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
9.3.5 Asia Pacific: Medical Audiometer Devices Market, by Country, 2021 & 2028 (%)
9.3.5.1 China: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.1.1 China: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.1.2 China: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.3.5.1.3 China: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
9.3.5.2 Japan: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.2.1 Japan: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.2.2 Japan: Medical Audiometer Devices Market, by Type– Revenue and Forecast to 2028 (USD Million)
9.3.5.2.3 Japan: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
9.3.5.3 India: Medical Audiometer Devices Market - Revenue and Forecasts to 2028 (USD Million)
9.3.5.3.1 India: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.3.2 India: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.3.5.3.3 India: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
9.3.5.4 South Korea: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.4.1 South Korea: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.4.2 South Korea: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
9.3.5.4.3 South Korea: Medical Audiometer Devices Market, by End User– Revenue and Forecast to 2028 (USD Million)
9.3.5.5 Australia: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.5.1 Australia: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.5.2 Australia: Medical Audiometer Devices Market, by Type– Revenue and Forecast to 2028 (USD Million)
9.3.5.5.3 Australia: Medical Audiometer Devices Market, by End User– Revenue and Forecast to 2028 (USD Million)
9.3.5.6 Rest of Asia Pacific: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.6.1 Rest of Asia Pacific: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
9.3.5.6.2 Rest of Asia Pacific: Medical Audiometer Devices Market, by Type– Revenue and Forecast to 2028 (USD Million)
9.3.5.6.3 Rest of Asia Pacific: Medical Audiometer Devices Market, by End User– Revenue and Forecast to 2028 (USD Million)
9.4 Middle East & Africa: Medical Audiometer Devices Market Revenue and Forecast to 2028
9.4.1 Overview
9.4.2 Middle East & Africa Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.4.3 Middle East & Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.4.4 Middle East & Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By End User (US$ Mn)
9.4.5 Middle East & Africa Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Country (%)
9.4.5.1 UAE: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.4.5.1.1 UAE: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.4.5.1.2 UAE: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.4.5.1.3 UAE: Medical Audiometer Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.4.5.2 Saudi Arabia: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.4.5.2.1 Saudi Arabia: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.4.5.2.2 Saudi Arabia: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.4.5.2.3 Saudi Arabia: Medical Audiometer Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.4.5.3 South Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.4.5.3.1 South Africa Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.4.5.3.2 South Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.4.5.3.3 South Africa: Medical Audiometer Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.4.5.4 Rest of Middle East and Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.4.5.4.1 Rest of Middle East and Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
9.4.5.4.2 Rest of Middle East & Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
9.4.5.4.3 Rest of Middle East and Africa: Medical Audiometer Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
9.5 South and Central America: Medical Audiometer Devices Market
9.5.1 Overview
9.5.2 South and Central America: Medical Audiometer Devices Market- Revenue and Forecast to 2028 (USD Million)
9.5.3 South and Central America: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (US$ Million)
9.5.4 South and Central America: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.5.5 South and Central America Medical Audiometer Devices Market, by Country, 2021 & 2028 (%)
9.5.5.1 Brazil: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
9.5.5.1.1 Brazil: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
9.5.5.1.2 Brazil: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (US$ Million)
9.5.5.1.3 Brazil: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.5.5.2 Argentina: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
9.5.5.2.1 Argentina: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
9.5.5.2.2 Argentina: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (US$ Million)
9.5.5.2.3 Argentina: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (US$ Million)
9.5.5.3 Rest of South and Central America: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
9.5.5.3.1 Rest of South and Central America: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
9.5.5.3.2 Rest of South & Central America: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (US$ Million)
9.5.5.3.3 Rest of South & Central America: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (US$ Million)
10. Impact of COVID-19 Pandemic on Global Medical Audiometer Devices Market
10.1 North America: Impact Assessment of COVID-19 Pandemic
10.2 Europe: Impact Assessment of COVID-19 Pandemic
10.3 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.4 Middle East and Africa: Impact Assessment of COVID-19 Pandemic
10.5 South & Central America: Impact Assessment of COVID-19 Pandemic
11. Medical Audiometer Devices Market –Industry Landscape
11.1 Overview
11.2 Growth Strategies in the Medical Audiometer Devices Market, 2021-2028
11.3 Inorganic Growth Strategies
11.3.1 Overview
11.4 Organic Growth Strategies
11.4.1 Overview
12. Company Profiles
12.1 Benson Medical Instruments Co.
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 Hedera Biomedics S.r.l.
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 Smart Diagnostic Devices
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 Natus Medical Incorporated
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 INVENTIS SRL
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 Auditdata
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 MedRx
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 INTERACOUSTICS AS
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 RESONANCE
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 Hill Rom Holding 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
LIST OF TABLES
Table 1. North America Medical Audiometer Devices Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 2. North America Medical Audiometer Devices Market, by End User- Revenue and Forecast to 2028 (USD Million)
Table 3. US Medical Audiometer Devices Market, by Type - Revenue and Forecast to 2028 (USD Million)
Table 4. US Medical Audiometer Devices Market, by End User- Revenue and Forecast to 2028 (USD Million)
Table 5. Canada Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 6. Canada Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 7. Mexico Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 8. Mexico Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 9. Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn).
Table 10. Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
Table 11. Germany Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn).
Table 12. Germany Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User US$ Mn)
Table 13. UK Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn).
Table 14. UK Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User US$ Mn)
Table 15. France Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
Table 16. France Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
Table 17. Italy Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
Table 18. Italy Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
Table 19. Spain Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
Table 20. Spain Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 by End User (USD Million)
Table 21. Rest of Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
Table 22. Rest of Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028, by End User (US$ Mn)
Table 23. Asia Pacific Medical Audiometer Devices Market, by type – Revenue and Forecast to 2028 (USD Million)
Table 24. Asia Pacific Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 25. China Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 26. China Medical Audiometer Devices Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 27. Japan Medical Audiometer Devices Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 28. Japan Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 29. India Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 30. India Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (USD Million)
Table 31. South Korea Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 32. South Korea Medical Audiometer Devices Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 33. Australia Medical Audiometer Devices Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 34. Australia Medical Audiometer Devices Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 35. Rest of Asia Pacific Medical Audiometer Devices Market, by Type– Revenue and Forecast to 2028 (USD Million)
Table 36. Rest of Asia Pacific Medical Audiometer Devices Market, by End User– Revenue and Forecast to 2028 (USD Million)
Table 37. Middle East & Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
Table 38. Middle East & Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By End User (US$ Mn)
Table 39. UAE: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
Table 40. UAE: Medical Audiometer Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 41. Saudi Arabia: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
Table 42. Saudi Arabia: Medical Audiometer Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 43. South Africa Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
Table 44. South Africa: Medical Audiometer Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 45. Rest of Middle East & Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Type (US$ Mn)
Table 46. Rest of Middle East and Africa: Medical Audiometer Devices Market, By End User – Revenue and Forecast to 2028 (USD Million)
Table 47. South and Central America: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 48. South and Central America: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 49. Brazil: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 50. Brazil: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 51. Argentina: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 52. Argentina: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of South & Central America: Medical Audiometer Devices Market, by Type – Revenue and Forecast to 2028 (US$ Million)
Table 54. Rest of South & Central America: Medical Audiometer Devices Market, by End User – Revenue and Forecast to 2028 (US$ Million)
Table 55. Recent Inorganic Growth Strategies in the Medical Audiometer Devices Market
Table 56. Recent Organic Growth Strategies in the Medical Audiometer Devices Market
Table 57. Glossary of Terms, Medical Audiometer Devices Market
LIST OF FIGURES
Figure 1. Medical Audiometer Devices Market Segmentation
Figure 2. Medical Audiometer Devices Market Segmentation, By Region
Figure 3. Global Medical Audiometer Devices Market Overview
Figure 4. PC-Based Audiometer Segment Held Largest Share by Type in Global Medical Audiometer Devices Market
Figure 5. Asia Pacific to Show Significant Growth During Forecast Period
Figure 6. Medical Audiometer Devices Market, by Geography (US$ Million)
Figure 7. Global Medical Audiometer Devices Market – Leading Country Markets (US$ Million)
Figure 8. Global Medical Audiometer Devices Market, Industry Landscape
Figure 9. North America PEST Analysis
Figure 10. Europe and PEST Analysis
Figure 11. Asia Pacific PEST Analysis
Figure 12. Middle East and Africa PEST Analysis
Figure 13. South and Central America (SCAM) PEST Analysis
Figure 14. Medical Audiometer Devices Market: Impact Analysis of Driver and Restraints
Figure 15. Global Medical Audiometer Devices Market– Revenue Forecast and Analysis – 2020- 2028
Figure 16. Global Medical Audiometer Devices Market– Number of Installed Base (Units) (2019-2020)
Figure 17. Global Medical Audiometer Devices Market – By Geography Forecast and Analysis – 2021 & 2028
Figure 18. Market Positioning of Key Players in Global Medical Audiometer Devices Market
Figure 19. Global Medical Audiometer Devices Market Share by Type 2021 & 2028 (%)
Figure 20. Hybrid Audiometers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 21. Standalone Audiometers Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 22. PC-Based Audiometer Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 23. Medical devices market Share, by End User, 2021 and 2028 (%)
Figure 24. Hospitals and Clinics: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 25. Research Centers: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 26. Diagnostic Centers: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Thousand)
Figure 27. North America: Medical Audiometer Devices Market, by Key Country – Revenue (2021) (USD Million)
Figure 28. North America Medical Audiometer Devices Market Revenue and Forecast to 2028 (USD Million)
Figure 29. North America: Medical Audiometer Devices Market, by Country, 2021 & 2028 (%)
Figure 30. US: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 31. Canada: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 32. Mexico: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 33. Europe: Medical Audiometer Devices Market Revenue Overview, by Country, 2021 (US$ MN)
Figure 34. Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 35. Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Country (%)
Figure 36. Germany Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 37. UK Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 38. France Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 39. Italy Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 40. Spain Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 41. Rest of Europe Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 42. Asia Pacific: Medical Audiometer Devices Market, by Key Country – Revenue (2021) (USD Million)
Figure 43. Asia Pacific Medical Audiometer Devices Market Revenue and Forecast to 2028 (USD Million)
Figure 44. Asia Pacific: Medical Audiometer Devices Market, by Country, 2021 & 2028 (%)
Figure 45. China Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 46. Japan: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 47. India: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 48. South Korea: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 49. Australia: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 50. Rest of Asia Pacific: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (USD Million)
Figure 51. Middle East & Africa Medical Audiometer Devices Market Revenue Overview, by Country, 2021 (US$ Mn)
Figure 52. Middle East & Africa Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 53. Middle East & Africa Medical Audiometer Devices Market Revenue and Forecasts to 2028, By Country (%)
Figure 54. UAE: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 55. Saudi Arabia: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 56. South Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 57. Rest of Middle East and Africa: Medical Audiometer Devices Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 58. South and Central America: Medical Audiometer Devices Market, By Key Country – Revenue (2021) (USD Million)
Figure 59. South and Central America: Medical Audiometer Devices Market- Revenue and Forecasts To 2028 (USD Million)
Figure 60. South and Central America: Medical Audiometer Devices Market, by Country, 2021 & 2028 (%)
Figure 61. Brazil: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 62. Argentina: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 63. Rest of South and Central America: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 64. Impact of COVID-19 Pandemic in North American Country Markets
Figure 65. Impact of COVID-19 Pandemic in European Country Markets
Figure 66. Impact of COVID-19 Pandemic on Medical Audiometer Devices Market in Asia Pacific Countries
Figure 67. Impact of COVID-19 Pandemic in Middle East and Africa Country Markets
Figure 68. Impact of COVID-19 Pandemic in South & Central America Market
Figure 69. Growth Strategies in the Medical Audiometer Devices Market, 2021-2028
The List of Companies - Medical Audiometer Devices Market
- Benson Medical Instruments Co.
- Hedera Biomedics S.r.l.
- Smart Diagnostic Devices
- Natus Medical Incorporated
- INVENTIS SRL
- Auditdata
- MedRx
- INTERACOUSTICS AS
- RESONANCE
- Hill Rom Holding 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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