Latest Report Update: Dec 20, 2019

Denmark - Hearing Aids (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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Denmark: Hearing Aid Market Overview 2020

Hearing Aid Market Size in Denmark

The revenue of the hearing aid market in Denmark amounted to $X in 2018, shrinking by -X% against the previous year. Overall, hearing aid consumption, however, continues to indicate a prominent expansion. The pace of growth was the most pronounced in 2016 when the market value increased by X% against the previous year. In that year, the hearing aid market reached its peak level of $X. From 2017 to 2018, the growth of the hearing aid market remained at a lower figure.

Hearing Aid Production in Denmark

In value terms, hearing aid production totaled $X in 2018 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Over the period under review, hearing aid production reached its peak figure level in 2018 and is expected to retain its growth in the near future.

Hearing Aid Exports

Exports from Denmark

Hearing aid exports from Denmark totaled X units in 2018, declining by -X% against the previous year. Overall, hearing aid exports continue to indicate a mild reduction. The pace of growth was the most pronounced in 2008 when exports increased by X% year-to-year. In that year, hearing aid exports attained their peak of X units. From 2009 to 2018, the growth of hearing aid exports remained at a lower figure.

In value terms, hearing aid exports amounted to $X in 2018. Over the period under review, hearing aid exports continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. In that year, hearing aid exports reached their peak of $X. From 2012 to 2018, the growth of hearing aid exports remained at a lower figure.

Exports by Country

The U.S. (X units) was the main destination for hearing aid exports from Denmark, with a X% share of total exports. Moreover, hearing aid exports to the U.S. exceeded the volume sent to the second major destination, Japan (X units), sevenfold. The third position in this ranking was occupied by Germany (X units), with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of volume to the U.S. amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+X% per year) and Germany (-X% per year).

In value terms, the U.S. ($X) remains the key foreign market for hearing aid exports from Denmark, comprising X% of total hearing aid exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to the U.S. was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Japan (+X% per year).

Export Prices by Country

The average hearing aid export price stood at $X per unit in 2018, waning by -X% against the previous year. In general, the hearing aid export price continues to indicate a moderate slump. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% y-o-y. The export price peaked at $X per unit in 2013; however, from 2014 to 2018, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Germany ($X per unit), while the average price for exports to Turkey ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Brazil, while the prices for the other major destinations experienced more modest paces of growth.

Hearing Aid Imports

Imports into Denmark

In 2018, approx. X units of hearing aids (excl. parts and accessories) were imported into Denmark; coming down by -X% against the previous year. Overall, hearing aid imports continue to indicate a deep setback. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Imports peaked at X units in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, hearing aid imports amounted to $X in 2018. In general, hearing aid imports continue to indicate a slight slump. The growth pace was the most rapid in 2016 with an increase of X% year-to-year. In that year, hearing aid imports reached their peak of $X. From 2017 to 2018, the growth of hearing aid imports remained at a lower figure.

Imports by Country

The U.S. (X units), China (X units) and the UK (X units) were the main suppliers of hearing aid imports to Denmark, together comprising X% of total imports. The Netherlands, Singapore, Switzerland and France lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Singapore, while the other leaders experienced more modest paces of growth.

In value terms, the largest hearing aid suppliers to Denmark were the Netherlands ($X), the UK ($X) and China ($X), with a combined X% share of total imports. These countries were followed by Singapore, the U.S., Switzerland and France, which together accounted for a further X terms of the main suppliers, Singapore recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hearing aid import price stood at $X per unit in 2018, growing by X% against the previous year. Over the period under review, the hearing aid import price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012 when the average import price increased by X% y-o-y. The import price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was France ($X per unit), while the price for the U.S. ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

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

This report provides an in-depth analysis of the hearing aid market in Denmark. 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.


Country coverage:
• Denmark

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Denmark
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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