Audiology Devices Market, 2025


Posted April 8, 2021 by akshay925

Deafness is a result of an impairment in the ear or damage to the nerves associated with hearing. The causes for these defect include congenital defects,

 
Deafness is a result of an impairment in the ear or damage to the nerves associated with hearing. The causes for these defect include congenital defects, injuries, diseases, side effects of medications, age-related factors, and exposure to loud noise. Audiology devices are assistive tools that help enhance hearing ability of patients. These devices vary on the basis of size, shape, features, and hearing conditions. These devices are aimed towards diagnostic purposes as well as for the treatment of impairments associated with hearing. Advancements in technology related to these devices such as PC-based audiometers and hybrid audiometers can easily be integrated with standard computers and operating systems, resulting in improved diagnostic performance and treatment decisions. This in turn, is expected to boost growth of the global audiology devices market in the near future.

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Rising incidence of hearing impairments is expected to drive market growth

The audiology devices market holds a vast commercial base, as all the age groups varying from children to geriatric people can be affected by hearing problems. According to National Institute on Deafness and Other Communication Disorders (NIDCD), December 2016, around 2-3 in every 1,000 children in the U.S. suffered from an in-born detectable level of hearing loss in either one or both ears. Moreover, according to the reports of Hearing Loss Association of America (HLAA), 2017, around 20% of the population in the U.S., accounting for 48 million people are estimated to be suffering from some degree of hearing issues and hearing loss.

Market Taxonomy:

On the basis of device type, the global audiology devices market is segmented into:

Cochlear Implants
Diagnostic Devices
Tympanometers
Octoscopes
Audiometers
Bone-anchored Hearing Aids
Technological Healing Aids
Digital Hearing Aids
Analog Hearing Aids
Hearing Aids
In-the-ear Hearing Aids (ITE)
Receiver-in-the-ear hearing Aids (RITE)
Behind-the-ear Hearing Aids (BTE)
Canal Hearing Aids (CHA)
Among devices, the cochlear implants segment is expected to witness maximum traction over the forecast period, as these implants serve to be an ideal substitute for hearing. Cochlear implant provides around 80% better understanding of a sentence, as compared conventional hearing aids that provide an average of 10% understanding.

On the basis of disease type, the global audiology devices market is segmented into:

Otitis Media
Ostosclerosis
Tinnitus
Ménière´s Disease
Acoustic Tumors
Acoustic Trauma
On the basis of end user, the global audiology devices market is segmented into:

Hospitals
Audiology Clinics
Rehabilitation Centers
Others
North America to dominate the global audiology devices market, owing to significant investments in research and development of innovate models

North America is the leading geographical region in the global audiology devices market, owing to the presence of majority of key players as well as rampant development in audiology technology in the region. Asia Pacific is expected to witness maximum growth over the forecast period, owing to incorporation of various initiatives in the healthcare sector by regional government bodies and private organizations.

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Key players operating the global audiology devices market include Widex A/S, Rayovac, Ambco, Benson Medical, Amplicomms, Tremetrix, Sonova Holdings AG, Starkey Hearing Technologies, Sophono, MED-EL, Advanced Bionics, AllHear, Cochlear Ltd., and Microson Hearing Aids. Regional players are developing innovative products to establish a strong foothold in the global market. devices.

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Last Updated April 8, 2021