A hearing aid is a device designed to improve hearing by making sound audible to a person with hearing loss. Hearing aids are classified as medical devices in most countries, and regulated by the respective regulations. Small audio amplifiers such as PSAPs or other plain sound reinforcing systems cannot be sold as "hearing aids".
The global market of industrial hearable Industry is relatively concentrated. The top five industry leaders are Sonova, William Demant, Sivantos, Starkey Hearing and GN Store Nord A/S, accounting for 59.06% of the whole market in 2017.
Europe Market Set to Dominate the Global Industrial Hearable Market in Terms of Revenue, about 39.77% market share and this trend is projected to sustain itself throughout the period of assessment.
The price of industrial hearable is slightly decreased in nearly five years. For being accorded with the corresponding application area, the product price has a large differences.
According to this study, over the next five years the Industrial Hearables market will register a 6.3% CAGR in terms of revenue, the global market size will reach US$ 12400 million by 2024, from US$ 9140 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Industrial Hearables business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Hearables market by product type, application, key manufacturers and key regions and countries.
This study considers the Industrial Hearables value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Personal Sound Amplifiers (PSAPs)
Hearing Aids
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Medical institutions
Stores
Online
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Sonova
William Demant
Sivantos Pte. Ltd.
Starkey Hearing
GN Store Nord A/S
Widex A/S
Cochlear
Miracle-Ear
RION
Arphi Electronics
Eartone
Foshan Vohom
Sound world solution
Austar Hearing
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Industrial Hearables consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Industrial Hearables market by identifying its various subsegments.
Focuses on the key global Industrial Hearables manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Industrial Hearables with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Industrial Hearables submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
