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Hearing aids are devices utilized for the treatment of hearing impairment. It is an electronic sound-amplifying device that consists of varied components such as receiver, microphone, amplifier circuitry, and batteries.
Hearing aids are devices utilized for the treatment of hearing impairment. It is an electronic sound-
amplifying device that consists of varied components such as receiver, microphone, amplifier circuitry, and
batteries. These devices intend to capture, amplify and deliver sound into the ear canal. The hearing loss
may occur owing to varied reasons such as trauma or injury to the head, aging, prolonged exposure to loud
noise, genetic factor and disorders such as Meniere’s disease.
According to the 2015 statistics provided by Royal National Institute for Deaf People (RNID), in the U.K. ,
around 11 million people suffer from hearing loss and the number is anticipated to grow to 15.6 million by
the year 2035. Also, in the year 2014, according to the Centers for Disease Control and Prevention (CDC),
over 97% infants were screened for hearing loss. During the period 2005 to 2014, over 45,000 deaf children
were born in the U.S.
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In 2012, as per the World Health Organization (WHO), over 360 million people were suffering from
hearing loss that included 32 million children. In addition in the year 2017, over 1.1 billion people across
the world falling in the age group of 12-35 years are at the hearing loss risk owing to continuous noise
exposure. Over 60% of childhood hearing loss can be prevented by immunizing children against the disease
that results in hearing loss for instance meningitis, rubella, and mumps.
There are three different types of hearing loss, namely mixed hearing loss, conductive hearing loss, and
sensorineural hearing loss. The most common type of hearing loss is sensorineural hearing loss. It is also a
permanent type of hearing loss that is caused owing to damage to the inner cells or auditory nerve of the
The global hearing aids market can be classified based on product, type of hearing loss, patient type and
region. On the basis of product, the global market is classified into hearing aid devices and hearing
implants. Further, the hearing aid devices are classified into receiver-in-the-ear (RITE) hearing aids, behind
the ear hearing aids, canal hearing aids, in the ear hearing aids and other hearing aid devices. Further based
upon type of hearing loss, it is segmented into sensorineural hearing loss and conductive hearing loss.
Depending upon patient type, the global market is sub-divided into adults and pediatrics.
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Based on regions, the global hearing aids market is divided into North America, Europe, Asia-Pacific
(APAC), Middle East & Africa (MEA), and Latin America. North America commands the majority of the
market share, followed by Europe in the global market. Factors such as huge geriatric population and high
rate of adoption of devices in this region will help in the market growth. It is anticipated that the rate of
growth of hearing aids market will rise in Asia-Pacific region during future period owing to the incessant
increase in population in the emerging countries such as China and India. Also, the majority of companies
are focusing on emerging economies to capture the market share and expand their customer base in order to
meet the high demand from this region.
The major companies that provide hearing aids include William Demant Holding A/S, Sonova Holding
AG, Sivantos Inc., Sonic Innovations Inc., Cochlear Ltd., Oticon A/S, Zounds Hearing Inc, SeboTek
Hearing Systems, LLC, MED-EL, GN Hearing.
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