- June 12, 2020
- Category: Healthcare and LifeSciences, Medical Device and Equipment
Global Bluetooth Hearing Aids Market Size study, by Product Type (In-The-Ear Hearing Aid (ITE), In-The-Canal Hearing Aid (ITC), Behind-The-Ear Hearing Aid (BTE), Completely-In-The Canal Hearing Aid (CIC), Receiver-In-The-Ear Hearing Aid (RIE)) by Application (Hospitals, Clinic/ Medical Centers, Individual) by End-User (Adults, Kids) and Regional Forecasts 2020-2027
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion) 1.2.1. Bluetooth Hearing Aids Market, by Region, 2018-2027 (USD Billion) 1.2.2. Bluetooth Hearing Aids Market, by Product Type, 2018-2027 (USD Billion) 1.2.3. Bluetooth Hearing Aids Market, by Application, 2018-2027 (USD Billion) 1.2.4. Bluetooth Hearing Aids Market, by End-User, 2018-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Bluetooth Hearing Aids Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Bluetooth Hearing Aids Market Dynamics 3.1. Bluetooth Hearing Aids Market Impact Analysis (2018-2027) 3.1.1. Market Drivers 3.1.2. Market Challenges 3.1.3. Market Opportunities Chapter 4. Global Bluetooth Hearing Aids Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Bluetooth Hearing Aids Market, by Product Type 5.1. Market Snapshot 5.2. Global Bluetooth Hearing Aids Market by Product Type, Performance - Potential Analysis 5.3. Global Bluetooth Hearing Aids Market Estimates & Forecasts by Product Type 2017-2027 (USD Billion) 5.4. Bluetooth Hearing Aids Market, Sub Segment Analysis 5.4.1. In-The-Ear Hearing Aid (ITE) 5.4.2. In-The-Canal Hearing Aid (ITC) 5.4.3. Behind-The-Ear Hearing Aid (BTE) 5.4.4. Completely-In-The Canal Hearing Aid (CIC) 5.4.5. Receiver-In-The-Ear Hearing Aid (RIE) Chapter 6. Global Bluetooth Hearing Aids Market, by Application 6.1. Market Snapshot 6.2. Global Bluetooth Hearing Aids Market by Application, Performance - Potential Analysis 6.3. Global Bluetooth Hearing Aids Market Estimates & Forecasts by Application 2017-2027 (USD Billion) 6.4. Bluetooth Hearing Aids Market, Sub Segment Analysis 6.4.1. Hospitals 6.4.2. Clinic/ Medical Centers 6.4.3. Individual Chapter 7. Global Bluetooth Hearing Aids Market, by End-User 7.1. Market Snapshot 7.2. Global Bluetooth Hearing Aids Market by End-User, Performance - Potential Analysis 7.3. Global Bluetooth Hearing Aids Market Estimates & Forecasts by End-User 2017-2027 (USD Billion) 7.4. Bluetooth Hearing Aids Market, Sub Segment Analysis 7.4.1. Adults 7.4.2. Kids Chapter 8. Global Bluetooth Hearing Aids Market, Regional Analysis 8.1. Bluetooth Hearing Aids Market, Regional Market Snapshot 8.2. North America Bluetooth Hearing Aids Market 8.2.1. U.S. Bluetooth Hearing Aids Market 188.8.131.52. Product Type breakdown estimates & forecasts, 2017-2027 184.108.40.206. Application breakdown estimates & forecasts, 2017-2027 220.127.116.11. End-User breakdown estimates & forecasts, 2017-2027 8.2.2. Canada Bluetooth Hearing Aids Market 8.3. Europe Bluetooth Hearing Aids Market Snapshot 8.3.1. U.K. Bluetooth Hearing Aids Market 8.3.2. Germany Bluetooth Hearing Aids Market 8.3.3. France Bluetooth Hearing Aids Market 8.3.4. Spain Bluetooth Hearing Aids Market 8.3.5. Italy Bluetooth Hearing Aids Market 8.3.6. Rest of Europe Bluetooth Hearing Aids Market 8.4. Asia-Pacific Bluetooth Hearing Aids Market Snapshot 8.4.1. China Bluetooth Hearing Aids Market 8.4.2. India Bluetooth Hearing Aids Market 8.4.3. Japan Bluetooth Hearing Aids Market 8.4.4. Australia Bluetooth Hearing Aids Market 8.4.5. South Korea Bluetooth Hearing Aids Market 8.4.6. Rest of Asia Pacific Bluetooth Hearing Aids Market 8.5. Latin America Bluetooth Hearing Aids Market Snapshot 8.5.1. Brazil Bluetooth Hearing Aids Market 8.5.2. Mexico Bluetooth Hearing Aids Market 8.6. Rest of The World Bluetooth Hearing Aids Market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. Sonova Holding AG 18.104.22.168. Key Information 22.214.171.124. Overview 126.96.36.199. Financial (Subject to Data Availability) 188.8.131.52. Product Summary 184.108.40.206. Recent Developments 9.2.2. Eartone Hearing Aid 9.2.3. Siemens Healthcare 9.2.4. Beltone 9.2.5. Miracle Hearing Aid 9.2.6. Cochlear 9.2.7. Starkey Laboratories Inc. 9.2.8. GN ReSound 9.2.9. Union Hearing Aid. 9.2.10. Shenzhen Sunsky Technology Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
Global Bluetooth Hearing Aids Market is valued approximately USD 1.9 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 8.00 % over the forecast period 2020-2027. Bluetooth hearing aids provide the communication link between the wireless technology in the hearing aids and Bluetooth enabled devices such as smartphones, Smart TVs and more. Despite the continued availability of their traditional predecessors, Bluetooth hearing devices are gaining traction because of their advanced features. These involve multiple device connectivity, water resistance, smaller size and enhanced sound clarity. Thus, the increasing advancements in the Bluetooth hearing aids technology drives the market growth. Further, the advent of smart ready and Bluetooth 5.0 improves the performance of devices owing to lower energy consumption and hinderance free audio escalating the market growth. As in September 2020, Bluettoh SIG, the standard group that monitor development of Bluetooth standards announced an new codec “LC3 codec” to make wireless audio much better. Further, increasing incidences of hearing loss across the globe fuel the demand for Hearing aids driving the market growth. As per National Institute on Deafness and Other Communication Disorders (NIDCD) one in eight people in the United States aged 12 years and above has hearing loss as per standard hearing examinations. The incidence of hearing impairment in the U.S. is clearly indicative of prospects for hearing aids sales in the country. However, high bustling and augmentation sound of devices impedes the growth of the market over the forecast period of 2020-2027. Although, integration of Artificial intelligence empowers the hearing aid technology presents a lucrative opportunity for the market. As in February 2020, Starkey Laboratories Inc. launched a product named Livio Al which is a behind-the-ear hearing aid integrated with artificial intelligence for better sound quality.
The regional analysis of global Bluetooth Hearing Aids market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the early adoption of technology and well established infrastructure. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as rapidly increasing hearing loss incidences would create lucrative growth prospects for the Bluetooth Hearing Aids market across Asia-Pacific region.
Major market player included in this report are:
Sonova Holding AG
Eartone Hearing Aid
Miracle Hearing Aid
Starkey Laboratories Inc.
Union Hearing Aid.
Shenzhen Sunsky Technology
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
In-The-Ear Hearing Aid (ITE)
In-The-Canal Hearing Aid (ITC)
Behind-The-Ear Hearing Aid (BTE)
Completely-In-The Canal Hearing Aid (CIC)
Receiver-In-The-Ear Hearing Aid (RIE)
Clinic/ Medical Centers
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Bluetooth Hearing Aids Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers