World - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Mar 1, 2024

World - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights

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Hearing Aid Market

Hearing aid market: read new datasets enhanced by an Ai-driven BI tool. Data cover companies, consumption, trade, market size, production, exports, imports, and market prices. Here is a breakdown by country, including the U.K., the U.S., Africa, EU, China, Latin America, Russia, and the Middle East. Market insights and outlook to 2030 are also featured in the snapshots.


Get FREE access to the latest data and statistics on the Hearing Aid Market.

Hearing Aid - World's Largest Markets

RatingCountry
1China
2United States
3Canada
4Germany
5Mexico

In value terms, the largest hearing aid markets worldwide were China, the United States and Canada, together comprising 45% of the global market.

Among the main consuming countries, Canada saw the highest growth rate of market size, over the period under review, while hearing aid market for the other global leaders experienced more modest paces of growth.

Hearing Aid Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per unit
China725742-23.6%
Mexico14111268-30.6%
Poland20416077-38.6%
Denmark14112985-22.3%
United States147137121-9.3%
Singapore201199159-11.0%
Netherlands323324170-27.4%
Average13814696-16.5%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was the Netherlands ($170 per unit), while China ($42 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced a decline in the export price figures.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per unit
France13315422931.4%
United States199193176-5.8%
Japan178152175-0.6%
Singapore178155167-3.0%
Germany1641691660.7%
Netherlands919712617.5%
Canada1161161160.2%
Spain16813699-23.3%
Australia1008588-6.1%
Poland1048973-16.2%
United Kingdom956152-26.4%
Mexico434441-2.5%
Philippines513028-25.4%
Average142126133-3.3%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was France ($229 per unit), while the Philippines ($28 per unit) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

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Hearing Aid - Top Importers

COUNTRY201820192020CAGR,
2018-2020
billion USD
United States1.61.61.4-6.0%
Germany0.40.50.4-0.8%
France0.30.40.420.5%
Netherlands0.20.20.320.0%
Poland0.20.20.22.4%

In value terms, the United States ($1.4B) constitutes the largest market for imported hearing aids (excl. parts and accessories) worldwide, comprising 30% of global imports. The second position in the ranking was occupied by Germany ($433M), with a 9.4% share of global imports. It was followed by France, with a 8% share.

In the United States, hearing aid imports contracted by an average annual rate of -6.0% over the period from 2018-2020. The remaining importing countries recorded the following average annual rates of imports growth: Germany (-0.8% per year) and France (+20.5% per year).

Hearing Aid - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
billion USD
Poland0.9114.6%
China0.80.30.5-22.2%
Singapore0.50.50.4-4.8%
Denmark0.40.30.4-0.9%
United States0.40.40.4-7.1%

In value terms, Poland ($987M) remains the largest hearing aid supplier worldwide, comprising 22% of global exports. The second position in the ranking was occupied by China ($484M), with a 11% share of global exports. It was followed by Singapore, with a 10% share.

In Poland, hearing aid exports increased at an average annual rate of +4.6% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (-22.2% per year) and Singapore (-4.8% per year).

Hearing Aid - Market Forecast

Driven by rising demand for hearing aid worldwide, the market is expected to start an upward consumption trend over the next decade. The performance of the market is forecast to increase slightly, with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Hearing Aid - Top Companies

Fresenius SE & Co. KGaA, Danaher Corporation, Medtronic, Inc., OLYMPUS CORPORATION, St. Jude Medical, LLC, Hologic, Inc., Varian Medical Systems, Inc., CANON MEDEICAL SYSTEMSCO.,LTD., Biomet, Inc., Shenzhen Mindray Bio-Medical Electronics Co., Ltd., NIHON KOHDEN CORPORATION, GE Medical Systems Information Technologies, Inc., Carl Zeiss Meditec AG, Johnson & Johnson Surgical Vision, Inc., FUKUDA DENSHI CO.,LTD., Otto Bock Healthcare Products GmbH, Ottobock SE & Co. KGaA, Iconn Orthopedics, LLC, Roche Diabetes Care GmbH, Medtronic Minimed, Inc.

Hearing Aid - Product Coverage

  • HS 902140 - Hearing aids (excluding parts and accessories)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the global hearing aid market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 26601433 - Appliances for overcoming deafness (excluding parts and accessories)

Country coverage:

Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:

+ the largest producing countries

Data coverage:

  • Global market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Global production, split by region and country
  • Global trade (exports and imports)
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Company coverage:

Oticon, Phonak, Phillips, ReSound, Widex, Starkey, Siemens, Unitron, Kirkland, Amplifon, Beltone, Bernafon, Cochlear Bone Anchored Solutions, Demant, Eargo, MED-EL, Miracle-Ear, Sonotone, Sonova, Sound 0 Solutions, Tondi Elektroonika, WS Audiology

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. CONSUMPTION BY COUNTRY
    3. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. GLOBAL PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
    2. PRODUCTION BY COUNTRY
  8. 8. GLOBAL IMPORTS

    The Largest Importers on The Market and How They Succeed

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. GLOBAL EXPORTS

    The Largest Exporters on The Market and How They Succeed

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 11. COUNTRY PROFILES

    The Largest Markets And Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
    • United States
    • China
    • Japan
    • Germany
    • United Kingdom
    • France
    • Brazil
    • Italy
    • Russian Federation
    • India
    • Canada
    • Australia
    • Republic of Korea
    • Spain
    • Mexico
    • Indonesia
    • Netherlands
    • Turkey
    • Saudi Arabia
    • Switzerland
    • Sweden
    • Nigeria
    • Poland
    • Belgium
    • Argentina
    • Norway
    • Austria
    • Thailand
    • United Arab Emirates
    • Colombia
    • Denmark
    • South Africa
    • Malaysia
    • Israel
    • Singapore
    • Egypt
    • Philippines
    • Finland
    • Chile
    • Ireland
    • Pakistan
    • Greece
    • Portugal
    • Kazakhstan
    • Algeria
    • Czech Republic
    • Qatar
    • Peru
    • Romania
    • Vietnam
  12. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption, By Country, 2018–2023
    5. Production, In Physical Terms, By Country, 2012–2023
    6. Imports, In Physical Terms, By Country, 2012–2023
    7. Imports, In Value Terms, By Country, 2012–2023
    8. Import Prices, By Country Of Destination, 2012–2023
    9. Exports, In Physical Terms, By Country, 2012–2023
    10. Exports, In Value Terms, By Country, 2012–2023
    11. Export Prices, By Country Of Origin, 2012–2023
  13. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Consumption, By Country, 2023
    4. Market Volume Forecast to 2030
    5. Market Value Forecast to 2030
    6. Products: Market Size And Growth, By Type
    7. Products: Average Per Capita Consumption, By Type
    8. Products: Exports And Growth, By Type
    9. Products: Export Prices And Growth, By Type
    10. Production Volume And Growth
    11. Exports And Growth
    12. Export Prices And Growth
    13. Market Size And Growth
    14. Per Capita Consumption
    15. Imports And Growth
    16. Import Prices
    17. Production, In Physical Terms, 2012–2023
    18. Production, In Value Terms, 2012–2023
    19. Production, By Country, 2023
    20. Production, In Physical Terms, By Country, 2012–2023
    21. Imports, In Physical Terms, 2012–2023
    22. Imports, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, By Country, 2023
    24. Imports, In Physical Terms, By Country, 2012–2023
    25. Imports, In Value Terms, By Country, 2012–2023
    26. Import Prices, By Country, 2012–2023
    27. Exports, In Physical Terms, 2012–2023
    28. Exports, In Value Terms, 2012–2023
    29. Exports, In Physical Terms, By Country, 2023
    30. Exports, In Physical Terms, By Country, 2012–2023
    31. Exports, In Value Terms, By Country, 2012–2023
    32. Export Prices, 2012–2023
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Free Data: Hearing Aids (Excl. Parts And Accessories) - World