Latest Report Update: Dec 20, 2019

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

Hearing Aid Market Size in Ireland

The revenue of the hearing aid market in Ireland amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, hearing aid consumption continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Hearing aid consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Hearing Aid Exports

Exports from Ireland

In 2018, approx. X units of hearing aids (excl. parts and accessories) were exported from Ireland; waning by -X% against the previous year. In general, hearing aid exports continue to indicate an abrupt drop. The growth pace was the most rapid in 2011 when exports increased by X% y-o-y. In that year, hearing aid exports attained their peak of X units. From 2012 to 2018, the growth of hearing aid exports remained at a somewhat lower figure.

In value terms, hearing aid exports stood at $X in 2018. In general, hearing aid exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

South Africa (X units) was the main destination for hearing aid exports from Ireland, accounting for a X% share of total exports. Moreover, hearing aid exports to South Africa exceeded the volume sent to the second major destination, Egypt (X units), more than tenfold. The third position in this ranking was occupied by the UK (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to South Africa stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+X% per year) and the UK (-X% per year).

In value terms, the largest markets for hearing aid exported from Ireland were the UK ($X), Egypt ($X) and Sweden ($X), with a combined X% share of total exports.

In terms of the main countries of destination, the UK recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced a decline.

Export Prices by Country

In 2018, the average hearing aid export price amounted to $X per unit, declining by -X% against the previous year. In general, the hearing aid export price continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2010 an increase of X% against the previous year. In that year, the average export prices for hearing aids (excl. parts and accessories) attained their peak level of $X per unit. From 2011 to 2018, the growth in terms of the average export prices for hearing aids (excl. parts and accessories) failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was the UK ($X per unit), while the average price for exports to South Africa ($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 the UK, while the prices for the other major destinations experienced a decline.

Hearing Aid Imports

Imports into Ireland

Hearing aid imports into Ireland stood at X units in 2018, going up by X% against the previous year. Over the period under review, hearing aid imports continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, hearing aid imports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

In value terms, hearing aid imports amounted to $X in 2018. Overall, hearing aid imports continue to indicate a strong increase. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, hearing aid imports reached their peak figure in 2018 and are likely to see steady growth in the near future.

Imports by Country

In 2018, the UK (X units) constituted the largest hearing aid supplier to Ireland, accounting for a X% share of total imports. Moreover, hearing aid imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X units), sevenfold. The third position in this ranking was occupied by Denmark (X units), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from the UK stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Denmark (+X% per year).

In value terms, the UK ($X) constituted the largest supplier of hearing aid to Ireland, comprising X% of total hearing aid imports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value from the UK amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and France (+X% per year).

Import Prices by Country

The average hearing aid import price stood at $X per unit in 2018, increasing by X% against the previous year. Overall, the hearing aid import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. In that year, the average import prices for hearing aids (excl. parts and accessories) attained their peak level of $X per unit. From 2009 to 2018, the growth in terms of the average import prices for hearing aids (excl. parts and accessories) remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Singapore ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Singapore, 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 Ireland. 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:

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Ireland
• 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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