The report “Global Hearing Aid Market: Industry Analysis & Outlook (2017-2021)” by Koncept Analytics provides an extensive research and detailed analysis. For more mail: vikas@konceptanalytics.com

1. Global Hearing Aid Market:
Industry Analysis & Outlook
-----------------------------------------
(2017-2021)
Industry Research by Koncept Analytics
1
August 2017
Global Hearing Aid Market: Industry Analysis & Outlook
(2017-2021)

2. Executive Summary
2
Global Hearing Aid Market: Industry Analysis &
Outlook (2017-2021)
Hearing loss, also known as hearing impairment, is a medical condition in which a person becomes partially
or totally unable to hear sounds. It can occur in both or one ear of a person and can be temporary or
permanent. Normal hearing ability of a person ranges from 0 dB to 20 dB in all frequencies but when a
person is suffering from hearing loss, the range of hearing varies from 16 dB to more than 90 dB.
Hearing aid, also known as deaf aid, is a device used for improving the hearing capability of person suffering
with hearing loss. It is a small sound amplifying electronic device which is placed around or inside the ear of
the user. It is the most common treatment for hearing loss and consists of three components that include
microphone, amplifier and speaker. Microphone converts the received sound waves into electronic signals
and then transmits these electric signals to the amplifier. Once the amplifier receives the signals, it
intensifies these signals and sends them to the speaker which converts these electric signals into audible
acoustic waves.
EMEA region is a major contributor to the global hearing aid market, supported by increased cases of
hearing disorders. North America is likely to experience further growth of hearing aid market with increasing
awareness and adoption of hearing aids among people and rising technological advancements.
The global market is expected to grow in future due to rising prevalence of hearing loss, increasing ageing
population and life expectancy, rising disposable income and healthcare expenditure. Key trends of this
market include increasing usage of headphones, growing adoption of hearing aids and binaural fittings.
However, there are some factors which can hinder growth of the market including decreasing average selling
price of hearing aid and lack of hearing health professional.
The report “Global Hearing Aid Market: Industry Analysis & Outlook (2017-2021)” by Koncept Analytics
provides an extensive research and detailed analysis of the present market along with future outlook. The
report discusses the major growth drivers and challenges of the market, covering North America, EMEA and
APAC along with the global market. The report profiles the key players of the market including Sonova, GN
Store Nord, William Demant and Amplifon.

3. Growth of global hearing aid market is expected to be driven by increasing prevalence of hearing
loss and ageing population..
3
Global Hearing Aid Market: Industry Analysis & Outlook (2017-
2021)
• Global traditional hearing aid market value is expected
to reach US$.. billion in the year 2021, increasing from
US$.. billion in the fiscal year 2016 at a CAGR of ..%
and global OTC hearing aid market value is likely to
reach US$ ..billion in 2021.
• By the year 2021, global hearing aid market volume is
expected to reach ..million units, increasing from
..million unit in 2017.
• In year 2016, EMEA held the largest share of ..% of the
global hearing aid market volume followed by North
America with a share of ..%.
Global Hearing Aid Market Forecast by Volume (2017-
2021)
Global Hearing Aid Market Forecast by Value (2016-2021)
Global Hearing Aid Market Volume by Region (2016)

4. Growth of North American hearing aid market is likely to be driven by increasing technological
advancements in hearing aid industry and rising patient awareness..
4
Global Hearing Aid Market: Industry Analysis & Outlook (2017-
2021)
• EMEA hearing aid market volume is expected to reach
..million units in the year 2021, increasing from ..million
units in the fiscal year 2017, at a CAGR of ..%.
• By the year 2021, North American hearing aid market
volume is expected to reach ..million units, increasing
from ..million units in 2017, growing at a CAGR of ..%.
• In year 2021, APAC hearing aid market volume is
expected to reach ..million units, increasing from
..million units in 2017, at a CAGR of ..%.
North America Hearing Aid Market Forecast by Volume (2017-2021)
EMEA Hearing Aid Market Forecast by Volume (2017-2021)
APAC Hearing Aid Market Forecast by Volume (2017-2021)

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