Latest Report Update: Sep 19, 2019

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

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Global Hearing Aid Market Overview 2019

Hearing Aid Market Size

The global hearing aid market revenue amounted to $X in 2018, remaining stable against the previous year. Over the period under review, hearing aid consumption continues to indicate a measured decrease. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. In that year, the global hearing aid market attained its peak level of $X. From 2015 to 2018, the growth of the global hearing aid market remained at a somewhat lower figure.

Hearing Aid Production

In value terms, hearing aid production totaled $X in 2018 estimated in export prices. Over the period under review, hearing aid production continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2015 when production volume increased by X% y-o-y. The global hearing aid production peaked in 2018 and is likely to continue its growth in the near future.

Production By Country

Malaysia (X units) constituted the country with the largest volume of hearing aid production, comprising approx. X% of total production. Moreover, hearing aid production in Malaysia exceeded the figures recorded by the world's second-largest producer, China (X units), more than tenfold.

In Malaysia, hearing aid production expanded at an average annual rate of +X% over the period from 2013-2018.

Hearing Aid Exports

Exports 2007-2018

Global exports amounted to X units in 2018, picking up by X% against the previous year. Overall, hearing aid exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. The global exports peaked in 2018 and are likely to continue its growth in the near future.

In value terms, hearing aid exports totaled $X in 2018. The total export value increased at an average annual rate of +X% from 2013 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when exports increased by X% year-to-year. In that year, global hearing aid exports attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

Malaysia (X units) represented roughly X% of total exports of hearing aids (excl. parts and accessories) in 2018.

Malaysia was also the fastest-growing in terms of the hearing aids (excl. parts and accessories) exports, with a CAGR of +X% from 2013 to 2018. While the share of Malaysia (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Malaysia ($X) also remains the largest hearing aid supplier worldwide.

From 2013 to 2018, the average annual rate of growth in terms of value in Malaysia stood at +X%.

Export Prices by Country

The average hearing aid export price stood at $X per unit in 2018, increasing by X% against the previous year. Over the period under review, the hearing aid export price, however, continues to indicate a sharp decline. The pace of growth was the most pronounced in 2018 when the average export price increased by X% y-o-y. The global export price peaked at $X per unit in 2014; however, from 2015 to 2018, export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2013 to 2018, the rate of growth in terms of prices for Malaysia amounted to -X% per year.

Hearing Aid Imports

Imports 2007-2018

In 2018, the global imports of hearing aids (excl. parts and accessories) amounted to X units, increasing by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. The global imports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, hearing aid imports stood at $X in 2018. The total import value increased at an average annual rate of +X% over the period from 2013 to 2018; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. In that year, global hearing aid imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

The U.S. was the main importer of hearing aids (excl. parts and accessories) in the world, with the volume of imports amounting to X units, which was near X% of total imports in 2018. Germany (X units) took the second position in the ranking, followed by the UK (X units) and the Netherlands (X units). All these countries together held approx. X% share of total imports. The following importers - Poland (X units), Mexico (X units), Canada (X units), France (X units), Australia (X units), Japan (X units), India (X units) and Switzerland (X units) - together made up X% of total imports.

From 2013 to 2018, average annual rates of growth with regard to hearing aid imports into the U.S. stood at +X%. At the same time, Poland (+X%), the Netherlands (+X%), India (+X%), Mexico (+X%), Canada (+X%), Australia (+X%), the UK (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2013-2018. By contrast, Germany (-X%), Switzerland (-X%) and France (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), the Netherlands (+X p.p.) and Poland (+X p.p.) significantly strengthened its position in terms of the global imports, while France saw its share reduced by -X% from 2013 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported hearing aids (excl. parts and accessories) worldwide, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

In the U.S., hearing aid imports increased at an average annual rate of +X% over the period from 2013-2018. In the other countries, the average annual rates were as follows: Germany (-X% per year) and the UK (-X% per year).

Import Prices by Country

In 2018, the average hearing aid import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, the hearing aid import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average import price increased by X% y-o-y. The global 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 importing countries. In 2018, the country with the highest price was France ($X per unit), while Mexico ($X per unit) was amongst the lowest.

From 2013 to 2018, 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.

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 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 2025.



Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2025
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. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2018
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

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

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
LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption, By Country, 2015–2018
Table 5:
Production, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Physical Terms, By Country, 2007–2018
Table 7:
Imports, In Value Terms, By Country, 2007–2018
Table 8:
Import Prices, By Country Of Destination, 2007–2018
Table 9:
Exports, In Physical Terms, By Country, 2007–2018
Table 10:
Exports, In Value Terms, By Country, 2007–2018
Table 11:
Export Prices, By Country Of Origin, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Consumption, By Country, 2018
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2018
Figure 17:
Production, In Value Terms, 2007–2018
Figure 18:
Production, By Country, 2018
Figure 19:
Production, In Physical Terms, By Country, 2007–2018
Figure 20:
Imports, In Physical Terms, 2007–2018
Figure 21:
Imports, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, By Country, 2018
Figure 23:
Imports, In Physical Terms, By Country, 2007–2018
Figure 24:
Imports, In Value Terms, By Country, 2007–2018
Figure 25:
Import Prices, By Country, 2007–2018
Figure 26:
Exports, In Physical Terms, 2007–2018
Figure 27:
Exports, In Value Terms, 2007–2018
Figure 28:
Exports, In Physical Terms, By Country, 2018
Figure 29:
Exports, In Physical Terms, By Country, 2007–2018
Figure 30:
Exports, In Value Terms, By Country, 2007–2018
Figure 31:
Export Prices, 2007–2018
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