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Global Ear Health Market to reach USD 2.15 Billion by 2028.

Global Ear Health Market Size study, By Product (Ear Health devices, {Diagnostic Devices, Surgical Devices, Hearing Aids, Hearing Implants, CO2 Lasers, Image-guided Surgery Systems}, Tinnitus and ear impairment care supplements, Ear infection treatment medication), and Regional Forecasts 2022-2028

Product Code: HLSMD-49910709
Publish Date: 22-04-2022
Page: 200

Global Ear Health Market is valued at approximately USD 1.40 Billion in 2021 and is anticipated to grow with a healthy growth rate of more than 6.3% over the forecast period 2022-2028.
Ear health includes various conditions that comprise Meniere’s disease, tinnitus, earaches, vertigo, hearing loss, and ear infections. There are numerous aids available in the market that may boost hearing ability. The growing incidences of noise-induced hearing loss, escalating geriatric population, growing prevalence of ear diseases are the primary factors that may propel the market demand across the globe. For instance, according to The National Institute on Deafness and Other Communication Disorders, in the United States, nearly one in three individuals between the ages of 65 and 74 has hearing loss, and approximately half of those older than 75 have suffered from difficulty in hearing. Thereby, these factors are likely to bolster the growth of the ear health market worldwide. However, the high cost of ear health devices and supplements and shortage of skilled professionals impede the growth of the market over the forecast period of 2022-2028. Also, emerging economies offer lucrative demand is anticipated to act as a catalyzing factor for the market demand during the forecast period.

The key regions considered for the global Ear Health market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the rising inclination towards the development of new and improved hearing aids, and the presence of the leading market players. Whereas, Asia-Pacific is also anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the increasing geriatric population, high prevalence of ear diseases, and rising number of ENT clinics & hospitals would create lucrative growth prospects for the Ear Health market across the Asia-Pacific region.

Major market players included in this report are:
Sonova Holdings AG
Olympus Corp.
Cochlear Limited
Stryker Corporation
Johnson & Johnson
Novartis
Karl Storz GMBH & Co. KG
Medtronic Plc
Oscar Remedies Pvt Ltd.
InnerScope Hearing Technologies
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:
Ear Health devices
Diagnostic Devices
Surgical Devices
Hearing Aids
Hearing Implants
CO2 Lasers
Image-guided Surgery Systems
Tinnitus and ear impairment care supplements
Ear infection treatment medication
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019,2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Ear Health Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028(USD Billion)
1.2.1. Ear Health Market, by Region, 2020-2028(USD Billion)
1.2.2. Ear Health Market, by Product, 2020-2028(USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Ear Health 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 Ear Health Market Dynamics
3.1. Ear Health Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growing geriatric population
3.1.1.2. Increasing incidences of noise-induced hearing loss
3.1.2. Market Challenges
3.1.2.1. High cost of ear health devices and supplements
3.1.2.2. Shortage of skilled professionals
3.1.3. Market Opportunities
3.1.3.1. Emerging economies offer lucrative demand
Chapter 4. Global Ear Health 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 (2019-2028)
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
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Ear Health Market, by Product
6.1. Market Snapshot
6.2. Global Ear Health Market by Product, Performance – Potential Analysis
6.3. Global Ear Health Market Estimates & Forecasts by Product, 2019-2028 (USD Billion)
6.4. Ear Health Market, Sub Segment Analysis
6.4.1. Ear Health devices
6.4.1.1. Diagnostic Devices
6.4.1.2. Surgical Devices
6.4.1.3. Hearing Aids
6.4.1.4. Hearing Implants
6.4.1.5. CO2 Lasers
6.4.1.6. Image-guided Surgery Systems
6.4.2. Tinnitus and ear impairment care supplements
6.4.3. Ear infection treatment medication
Chapter 7. Global Ear Health Market, Regional Analysis
7.1. Ear Health Market, Regional Market Snapshot
7.2. North America Ear Health Market
7.2.1. U.S. Ear Health Market
7.2.1.1. Product breakdown estimates & forecasts, 2019-2028
7.2.2. Canada Ear Health Market
7.3. Europe Ear Health Market Snapshot
7.3.1. U.K. Ear Health Market
7.3.2. Germany Ear Health Market
7.3.3. France Ear Health Market
7.3.4. Spain Ear Health Market
7.3.5. Italy Ear Health Market
7.3.6. Rest of Europe Ear Health Market
7.4. Asia-Pacific Ear Health Market Snapshot
7.4.1. China Ear Health Market
7.4.2. India Ear Health Market
7.4.3. Japan Ear Health Market
7.4.4. Australia Ear Health Market
7.4.5. South Korea Ear Health Market
7.4.6. Rest of Asia Pacific Ear Health Market
7.5. Latin America Ear Health Market Snapshot
7.5.1. Brazil Ear Health Market
7.5.2. Mexico Ear Health Market
7.6. Rest of The World Ear Health Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Sonova Holdings AG
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Olympus Corp.
8.2.3. Cochlear Limited
8.2.4. Stryker Corporation
8.2.5. Johnson & Johnson
8.2.6. Novartis
8.2.7. Karl Storz GMBH & Co. KG
8.2.8. Medtronic Plc
8.2.9. Oscar Remedies Pvt Ltd.
8.2.10. InnerScope Hearing Technologies
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

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