The Asia Pacific Hearing Amplifiers Market would witness market growth of 4.8% CAGR during the forecast period (2021-2027).
Hearing amplifiers are electrical devices supplied directly to consumers to augment the loudness of incoming sound in a variety of recreational settings. The rise in the geriatric population, the link between increasing age and a higher prevalence of hearing impairments, and increased investments for research and development are the primary drivers of the hearing amplifiers industry.
Moreover, one of the key trends of the market is the rise in a number of innovative ways to address hearing problems. As a result, as the number of people with hearing impairments rises, so does the demand for hearing amplifiers. In addition, the use of various customizable hearing amplifier devices as per consumer needs, as well as developments in the medical field and reductions in the cost of treatments, will drive demand for these devices in the market.
According to the WHO, China has 27.8 million persons with hearing loss, accounting for 33.5 percent of the total impaired population [5]. Hearing loss has become a major public health concern in China, which has the world's largest population and new family planning programs. Hence, these factors are estimated to accelerate the growth of the regional Hearing Amplifiers Market during the forecasting period.
The China market dominated the Asia Pacific Hearing Amplifiers Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $9.0 million by 2027. The Japan market would experience a CAGR of 4.2% during (2021 - 2027). Additionally, The India market is expected to witness a CAGR of 5.4% during (2021 - 2027).
Based on Product, the market is segmented into Behind-the-ear, and In-the-ear. Based on Type, the market is segmented into Analog and Digital. Based on Distribution Channel, the market is segmented into Hospital Pharmacies, Online Pharmacies, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Hearing Amplifiers Market is Projected to reach USD 116.9 Million by 2027, at a CAGR of 4.3%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Beurer GmbH, Lucid Audio, LLC (Hearing Lab Technology, LLC), InnerScope Hearing Technologies, Inc., Intricon Corporation, Otofonix Hearing Solutions, MDHearingAid, Eargo, Inc., Starkey laboratories, Inc., Sound World Solutions, Inc., and Cochlear Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Behind-the-ear, and
- In-the-ear
By Type
By Distribution Channel
- Hospital Pharmacies
- Online Pharmacies
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Beurer GmbH
- Lucid Audio, LLC (Hearing Lab Technology, LLC)
- InnerScope Hearing Technologies, Inc.
- Intricon Corporation
- Otofonix Hearing Solutions
- MDHearingAid
- Eargo, Inc.
- Starkey laboratories, Inc.
- Sound World Solutions, Inc.
- Cochlear Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Hearing Amplifiers Market, by Product
1.4.2 Asia Pacific Hearing Amplifiers Market, by Type
1.4.3 Asia Pacific Hearing Amplifiers Market, by Distribution Channel
1.4.4 Asia Pacific Hearing Amplifiers Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Approvals and Trials
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Mar – 2021, Nov) Leading Players
Chapter 4. Asia Pacific Hearing Amplifiers Market by Product
4.1 Asia Pacific Behind-the-ear Market by Country
4.2 Asia Pacific In-the-ear Market by Country
Chapter 5. Asia Pacific Hearing Amplifiers Market by Type
5.1 Asia Pacific Analog Market by Country
5.2 Asia Pacific Digital Market by Country
Chapter 6. Asia Pacific Hearing Amplifiers Market by Distribution Channel
6.1 Asia Pacific Hospital Pharmacies Market by Country
6.2 Asia Pacific Online Pharmacies Market by Country
6.3 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Hearing Amplifiers Market by Country
7.1 China Hearing Amplifiers Market
7.1.1 China Hearing Amplifiers Market by Product
7.1.2 China Hearing Amplifiers Market by Type
7.1.3 China Hearing Amplifiers Market by Distribution Channel
7.2 Japan Hearing Amplifiers Market
7.2.1 Japan Hearing Amplifiers Market by Product
7.2.2 Japan Hearing Amplifiers Market by Type
7.2.3 Japan Hearing Amplifiers Market by Distribution Channel
7.3 India Hearing Amplifiers Market
7.3.1 India Hearing Amplifiers Market by Product
7.3.2 India Hearing Amplifiers Market by Type
7.3.3 India Hearing Amplifiers Market by Distribution Channel
7.4 South Korea Hearing Amplifiers Market
7.4.1 South Korea Hearing Amplifiers Market by Product
7.4.2 South Korea Hearing Amplifiers Market by Type
7.4.3 South Korea Hearing Amplifiers Market by Distribution Channel
7.5 Singapore Hearing Amplifiers Market
7.5.1 Singapore Hearing Amplifiers Market by Product
7.5.2 Singapore Hearing Amplifiers Market by Type
7.5.3 Singapore Hearing Amplifiers Market by Distribution Channel
7.6 Malaysia Hearing Amplifiers Market
7.6.1 Malaysia Hearing Amplifiers Market by Product
7.6.2 Malaysia Hearing Amplifiers Market by Type
7.6.3 Malaysia Hearing Amplifiers Market by Distribution Channel
7.7 Rest of Asia Pacific Hearing Amplifiers Market
7.7.1 Rest of Asia Pacific Hearing Amplifiers Market by Product
7.7.2 Rest of Asia Pacific Hearing Amplifiers Market by Type
7.7.3 Rest of Asia Pacific Hearing Amplifiers Market by Distribution Channel
Chapter 8. Company Profiles
8.1 Beurer GmbH
8.1.1 Company Overview
8.2 Lucid Audio, LLC (Hearing Lab Technology, LLC)
8.2.1 Company Overview
8.2.2 Recent strategies and developments:
8.2.2.1 Partnerships, Collaborations, and Agreements:
8.3 InnerScope Hearing Technologies, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Recent strategies and developments:
8.3.3.1 Partnerships, Collaborations, and Agreements:
8.3.3.2 Acquisition and Mergers:
8.4 Intricon Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional & Segmental Analysis
8.4.4 Research & Development Expenses
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Acquisition and Mergers:
8.5 Otofonix Hearing Solutions
8.5.1 Company Overview
8.6 MDHearingAid
8.6.1 Company Overview
8.7 Eargo, Inc.
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Research & Development Expenses
8.7.4 Recent strategies and developments:
8.7.4.1 Partnerships, Collaborations, and Agreements:
8.7.4.2 Product Launches and Product Expansions:
8.8 Starkey Laboratories, Inc.
8.8.1 Company Overview
8.8.2 Recent strategies and developments:
8.8.2.1 Partnerships, Collaborations, and Agreements:
8.8.2.2 Product Launches and Product Expansions:
8.9 Sound World Solutions, Inc.
8.9.1 Company Overview
8.10. Cochlear Ltd.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5 Recent strategies and developments:
8.10.5.1 Partnerships, Collaborations, and Agreements:
8.10.5.2 Product Launches and Product Expansions:
8.10.5.3 Approvals and Trials:
TABLE 1 Asia Pacific Hearing Amplifiers Market, 2017 - 2020, USD Thousands TABLE 1
TABLE 2 Asia Pacific Hearing Amplifiers Market, 2021 - 2027, USD Thousands TABLE 2
TABLE 3 Partnerships, Collaborations and Agreements– Hearing Amplifiers Market TABLE 3
TABLE 4 Product Launches And Product Expansions– Hearing Amplifiers Market TABLE 4
TABLE 5 Acquisition and Mergers– Hearing Amplifiers Market TABLE 5
TABLE 6 Approvals and Trials – Hearing Amplifiers Market TABLE 6
TABLE 7 Asia Pacific Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands TABLE 7
TABLE 8 Asia Pacific Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands TABLE 8
TABLE 9 Asia Pacific Behind-the-ear Market by Country, 2017 - 2020, USD Thousands TABLE 9
TABLE 10 Asia Pacific Behind-the-ear Market by Country, 2021 - 2027, USD Thousands TABLE 10
TABLE 11 Asia Pacific In-the-ear Market by Country, 2017 - 2020, USD Thousands TABLE 11
TABLE 12 Asia Pacific In-the-ear Market by Country, 2021 - 2027, USD Thousands TABLE 12
TABLE 13 Asia Pacific Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands TABLE 13
TABLE 14 Asia Pacific Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands TABLE 14
TABLE 15 Asia Pacific Analog Market by Country, 2017 - 2020, USD Thousands TABLE 15
TABLE 16 Asia Pacific Analog Market by Country, 2021 - 2027, USD Thousands TABLE 16
TABLE 17 Asia Pacific Digital Market by Country, 2017 - 2020, USD Thousands TABLE 17
TABLE 18 Asia Pacific Digital Market by Country, 2021 - 2027, USD Thousands TABLE 18
TABLE 19 Asia Pacific Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands TABLE 19
TABLE 20 Asia Pacific Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands TABLE 20
TABLE 21 Asia Pacific Hospital Pharmacies Market by Country, 2017 - 2020, USD Thousands TABLE 21
TABLE 22 Asia Pacific Hospital Pharmacies Market by Country, 2021 - 2027, USD Thousands TABLE 22
TABLE 23 Asia Pacific Online Pharmacies Market by Country, 2017 - 2020, USD Thousands TABLE 23
TABLE 24 Asia Pacific Online Pharmacies Market by Country, 2021 - 2027, USD Thousands TABLE 24
TABLE 25 Asia Pacific Others Market by Country, 2017 - 2020, USD Thousands TABLE 25
TABLE 26 Asia Pacific Others Market by Country, 2021 - 2027, USD Thousands TABLE 26
TABLE 27 Asia Pacific Hearing Amplifiers Market by Country, 2017 - 2020, USD Thousands TABLE 27
TABLE 28 Asia Pacific Hearing Amplifiers Market by Country, 2021 - 2027, USD Thousands TABLE 28
TABLE 29 China Hearing Amplifiers Market, 2017 - 2020, USD Thousands TABLE 29
TABLE 30 China Hearing Amplifiers Market, 2021 - 2027, USD Thousands TABLE 30
TABLE 31 China Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands TABLE 31
TABLE 32 China Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands TABLE 32
TABLE 33 China Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands TABLE 33
TABLE 34 China Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands TABLE 34
TABLE 35 China Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands TABLE 35
TABLE 36 China Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands TABLE 36
TABLE 37 Japan Hearing Amplifiers Market, 2017 - 2020, USD Thousands TABLE 37
TABLE 38 Japan Hearing Amplifiers Market, 2021 - 2027, USD Thousands TABLE 38
TABLE 39 Japan Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands TABLE 39
TABLE 40 Japan Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands TABLE 40
TABLE 41 Japan Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands TABLE 41
TABLE 42 Japan Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands TABLE 42
TABLE 43 Japan Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands TABLE 43
TABLE 44 Japan Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands TABLE 44
TABLE 45 India Hearing Amplifiers Market, 2017 - 2020, USD Thousands TABLE 45
TABLE 46 India Hearing Amplifiers Market, 2021 - 2027, USD Thousands TABLE 46
TABLE 47 India Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands TABLE 47
TABLE 48 India Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands TABLE 48
TABLE 49 India Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands TABLE 49
TABLE 50 India Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands TABLE 50
TABLE 51 India Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands TABLE 51
TABLE 52 India Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands TABLE 52
TABLE 53 South Korea Hearing Amplifiers Market, 2017 - 2020, USD Thousands TABLE 53
TABLE 54 South Korea Hearing Amplifiers Market, 2021 - 2027, USD Thousands TABLE 54
TABLE 55 South Korea Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands TABLE 55
TABLE 56 South Korea Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands TABLE 56
TABLE 57 South Korea Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands TABLE 57
TABLE 58 South Korea Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands TABLE 58
TABLE 59 South Korea Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands TABLE 59
TABLE 60 South Korea Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands TABLE 60
TABLE 61 Singapore Hearing Amplifiers Market, 2017 - 2020, USD Thousands TABLE 61
TABLE 62 Singapore Hearing Amplifiers Market, 2021 - 2027, USD Thousands TABLE 62
TABLE 63 Singapore Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands TABLE 63
TABLE 64 Singapore Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands TABLE 64
TABLE 65 Singapore Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands TABLE 65
TABLE 66 Singapore Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands TABLE 66
TABLE 67 Singapore Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands TABLE 67
TABLE 68 Singapore Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands TABLE 68
TABLE 69 Malaysia Hearing Amplifiers Market, 2017 - 2020, USD Thousands TABLE 69
TABLE 70 Malaysia Hearing Amplifiers Market, 2021 - 2027, USD Thousands TABLE 70
TABLE 71 Malaysia Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands TABLE 71
TABLE 72 Malaysia Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands TABLE 72
TABLE 73 Malaysia Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands TABLE 73
TABLE 74 Malaysia Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands TABLE 74
TABLE 75 Malaysia Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands TABLE 75
TABLE 76 Malaysia Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands TABLE 76
TABLE 77 Rest of Asia Pacific Hearing Amplifiers Market, 2017 - 2020, USD Thousands TABLE 77
TABLE 78 Rest of Asia Pacific Hearing Amplifiers Market, 2021 - 2027, USD Thousands TABLE 78
TABLE 79 Rest of Asia Pacific Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands TABLE 79
TABLE 80 Rest of Asia Pacific Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands TABLE 80
TABLE 81 Rest of Asia Pacific Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands TABLE 81
TABLE 82 Rest of Asia Pacific Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands TABLE 82
TABLE 83 Rest of Asia Pacific Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands TABLE 83
TABLE 84 Rest of Asia Pacific Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands TABLE 84
TABLE 85 Key information – Beurer GmbH TABLE 85
TABLE 86 Key information – Lucid Audio, LLC TABLE 86
TABLE 87 Key information – InnerScope Hearing Technologies, Inc. TABLE 87
TABLE 88 Key information – Intricon Corporation TABLE 88
TABLE 89 Key information – Otofonix Hearing Solutions TABLE 89
TABLE 90 Key information – MDHearingAid TABLE 90
TABLE 91 Key information – Eargo, Inc. TABLE 91
TABLE 92 Key information – Starkey Laboratories, Inc. TABLE 92
TABLE 93 Key information – Sound World Solutions, Inc. TABLE 93
TABLE 94 key Information – Cochlear Ltd. TABLE 94
List of Figures
FIG 1 Methodology for the research FIG 1
FIG 2 KBV Cardinal Matrix FIG 2
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021) FIG 3
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Mar – 2021, nov) Leading Players FIG 4
FIG 5 Recent strategies and developments: InnerScope Hearing Technologies, Inc. FIG 5
FIG 6 Recent strategies and developments: IntriCon Corporation FIG 6
FIG 7 Recent strategies and developments: Eargo, Inc. FIG 7
FIG 8 Recent strategies and developments: Starkey laboratories, Inc. FIG 8
FIG 9 Recent strategies and developments: Cochlear Ltd. FIG 9