Feb 24, 2019

World - Hearing Aids - 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 2017, increasing by X% against the previous year. Overall, hearing aid consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, when it surged by X% y-o-y. Global hearing aid consumption peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Hearing Aid Production

In 2017, the global production of hearing aids stood at X units, waning by -X% against the previous year. In general, hearing aid production continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2015, with an increase of X% year-to-year. Over the period under review, the global hearing aid production attained its peak figure volume of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Hearing Aid Exports

Global exports totaled X units in 2017, dropping by -X% against the previous year. In general, the total exports indicated a perceptible growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the hearing aid exports decreased by -X% against 2015 indices. The most prominent rate of growth was recorded in 2015, with an increase of X% against the previous year. In that year, the global hearing aid exports reached their peak volume of X units. From 2016 to 2017, growth of the global hearing aid exports failed to regain its momentum.

In value terms, hearing aid exports totaled $X in 2017. The total export value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. Global exports peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Hearing Aid Exports by Country

In 2017, the U.S. (X units) and Denmark (X units) represented the key exporters of hearing aids in the globe, together creating X% of total exports. It was distantly followed by the Netherlands (X units), Switzerland (X units), Singapore (X units), China (X units), Mexico (X units) and Australia (X units), together achieving X% share of total exports. The following exporters - the UK (X units), Poland (X units), Germany (X units) and Indonesia (X units) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Poland (+X% per year), while the other global leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Singapore ($X) and China ($X) appeared to be the countries with the highest levels of exports in 2017, together accounting for X% of global exports. These countries were followed by the U.S., Switzerland, the Netherlands, the UK, Mexico, Poland, Australia, Germany and Indonesia, which together accounted for a further X%.

Poland (+X% per year) recorded the highest growth rate of exports, among the main exporting countries over the last decade, while the other global leaders experienced more modest paces of growth.

Hearing Aid Export Prices by Country

In 2017, the average hearing aid export price amounted to $X per unit, picking up by X% against the previous year. Overall, hearing aid export price continues to indicate a slight descent. The most prominent rate of growth was recorded in 2017, an increase of X% year-to-year. Global export price peaked of $X per unit in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was China ($X per unit), while the U.S. ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the Netherlands (+X% per year), while the other global leaders experienced more modest paces of growth.

Hearing Aid Imports

In 2017, approx. X units of hearing aids were imported worldwide; flattening at the previous year. The total import volume increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2008, when it surged by X% year-to-year. Over the period under review, the global hearing aid imports attained its maximum volume in 2017, and are expected to retain its growth in the near future.

In value terms, hearing aid imports amounted to $X in 2017. The total import value increased an average annual rate of +X% over the period from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. Over the period under review, the global hearing aid imports reached its peak figure level in 2017, and are expected to retain its growth in the immediate term.

Hearing Aid Imports by Country

The U.S. was the main importing country with an import of about X units, which reached X% of total imports. The UK (X units) ranks second in terms of the global imports with a X% share, followed by Germany (X%). Switzerland (X units), Canada (X units), France (X units), Japan (X units), Australia (X units), Singapore (X units), the Netherlands (X units), Spain (X units) and China (X units) followed a long way behind the leaders.

From 2007 to 2017, average annual rates of growth with regard to hearing aid imports into the U.S. stood at +X%. At the same time, the Netherlands (+X%), Spain (+X%), Australia (+X%), Canada (+X%), Japan (+X%), the UK (+X%) and Switzerland (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2017. Germany and China experienced a relatively flat trend pattern. By contrast, France (-X%) and Singapore (-X%) illustrated a downward trend over the same period. While the share of Singapore (X%) increased significantly in terms of the global imports from 2007-2017, the share of the Netherlands (-X%), the UK (-X%) and the U.S. (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the UK (+X% per year).

Hearing Aid Import Prices by Country

In 2017, the average hearing aid import price amounted to $X per unit, picking up by X% against the previous year. In general, hearing aid import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009, when it surged by X% y-o-y. Global import price peaked of $X per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($X per unit), while Switzerland ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by China (+X% per year), 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. Download a free sample to know more about hearing aid market share; hearing aid prices; hearing aid industry; hearing aid sales; hearing aid import; hearing aid export; hearing aid market forecast; hearing aid price forecast; hearing aid producers, hearing aid market report.


Country coverage:

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

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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