The Asia Pacific Hearing Care Devices Market would witness market growth of 5.7% CAGR during the forecast period (2022-2028).
Some of hearing care devices, mostly implants, are intended to help people who are profoundly deaf in regaining their hearing capabilities. Hearing aids & hearing implants are two different forms of hearing aids. Hearing aids are used to aid people with temporary or permanent hearing loss improve or regaining their hearing. Whereas, Hearing implants are surgically implanted hearing devices that help completely or partially deaf patients in hearing voices and sounds around them.
Moreover, the adoption of aesthetically pleasing designs, as well as the introduction of novel product variations like as waterproof hearing aids, are all contributing to market expansion. The use of digital technology, as well as the advent of solutions that combine cochlear implants & hearing aid technology to address high-frequency hearing loss, are likely to boost the market's growth. Other factors like growing noise pollution levels, increasing incidences of birth problems & ear infections, rising disposable income, and manufacturers' increased emphasis on research & development (R&D) are estimated to fuel the market growth.
Market leaders are always producing innovative goods that increase the benefits of these gadgets for target consumers and help them gain adoption in the region. Growing disposable income & healthcare expenditure of the general population, as well as government initiatives, are factors that are also driving the regional market.
Although, due to rising demand for sophisticated hearing care devices, a large number of healthcare reforms, a high existence of hearing disorders, and increased focus of key players on developing technologically advanced cost-effective devices, Asia-Pacific is expected to see significant market growth in the hearing care devices market. Furthermore, in the Asia-Pacific Hearing Care Devices Market, India and Japan are predicted to rise due to the increasing population across the region.
The China market dominated the Asia Pacific Hearing Care Devices Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $843.5 million by 2028. The Japan market is estimated to grow at a CAGR of 5.1% during (2022 - 2028). Additionally, The India market would showcase a CAGR of 6.4% during (2022 - 2028).
Based on Product, the market is segmented into Hearing Aids and Hearing Implants. Based on End User, the market is segmented into Home-use, Ambulatory Surgical Centers (ASCs), and Hospitals & Clinics. Based on Type of hearing loss, the market is segmented into Conductive Hearing Loss and Sensorineural Hearing Loss. 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 Care Devices Market is Projected to reach USD 10.5 Billion by 2028, at a CAGR of 5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include WS Audiology, Cochlear Ltd., Intricon Corporation, Starkey laboratories, Inc., GN Store Nord A/S (GN Hearing A/S), Sonova Holding AG, William Demant Holding A/S, Amplifon SpA (Ampliter N.V.), and MED-EL GmbH.
Scope of the Study
Market Segments Covered in the Report:
By Product
- Hearing Aids
- Hearing Implants
By End User
- Home-use
- Ambulatory Surgical Centers (ASCs)
- Hospitals & Clinics
By Type of hearing loss
- Conductive Hearing Loss
- Sensorineural Hearing Loss
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- WS Audiology
- Cochlear Ltd.
- Intricon Corporation
- Starkey laboratories, Inc.
- GN Store Nord A/S (GN Hearing A/S)
- Sonova Holding AG
- William Demant Holding A/S
- Amplifon SpA (Ampliter N.V.)
- MED-EL GmbH
Related Reports:
Global Hearing Care Devices Market Report 2022-2028
North America Hearing Care Devices Market Report 2022-2028
Europe Hearing Care Devices Market Report 2022-2028
LAMEA Hearing Care Devices Market Report 2022-2028
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 Care Devices Market, by Product
1.4.2 Asia Pacific Hearing Care Devices Market, by End User
1.4.3 Asia Pacific Hearing Care Devices Market, by Type of hearing loss
1.4.4 Asia Pacific Hearing Care Devices 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. Strategies Deployed in Hearing Care Devices Market
Chapter 4. Asia Pacific Hearing Care Devices Market by Product
4.1 Asia Pacific Hearing Aids Market by Country
4.2 Asia Pacific Hearing Implants Market by Country
Chapter 5. Asia Pacific Hearing Care Devices Market by End User
5.1 Asia Pacific Home-use Market by Country
5.2 Asia Pacific Ambulatory Surgical Centers (ASCs) Market by Country
5.3 Asia Pacific Hospitals & Clinics Market by Country
Chapter 6. Asia Pacific Hearing Care Devices Market by Type of hearing loss
6.1 Asia Pacific Conductive Hearing Loss Market by Country
6.2 Asia Pacific Sensorineural Hearing Loss Market by Country
Chapter 7. Asia Pacific Hearing Care Devices Market by Country
7.1 China Hearing Care Devices Market
7.1.1 China Hearing Care Devices Market by Product
7.1.2 China Hearing Care Devices Market by End User
7.1.3 China Hearing Care Devices Market by Type of hearing loss
7.2 Japan Hearing Care Devices Market
7.2.1 Japan Hearing Care Devices Market by Product
7.2.2 Japan Hearing Care Devices Market by End User
7.2.3 Japan Hearing Care Devices Market by Type of hearing loss
7.3 India Hearing Care Devices Market
7.3.1 India Hearing Care Devices Market by Product
7.3.2 India Hearing Care Devices Market by End User
7.3.3 India Hearing Care Devices Market by Type of hearing loss
7.4 South Korea Hearing Care Devices Market
7.4.1 South Korea Hearing Care Devices Market by Product
7.4.2 South Korea Hearing Care Devices Market by End User
7.4.3 South Korea Hearing Care Devices Market by Type of hearing loss
7.5 Singapore Hearing Care Devices Market
7.5.1 Singapore Hearing Care Devices Market by Product
7.5.2 Singapore Hearing Care Devices Market by End User
7.5.3 Singapore Hearing Care Devices Market by Type of hearing loss
7.6 Malaysia Hearing Care Devices Market
7.6.1 Malaysia Hearing Care Devices Market by Product
7.6.2 Malaysia Hearing Care Devices Market by End User
7.6.3 Malaysia Hearing Care Devices Market by Type of hearing loss
7.7 Rest of Asia Pacific Hearing Care Devices Market
7.7.1 Rest of Asia Pacific Hearing Care Devices Market by Product
7.7.2 Rest of Asia Pacific Hearing Care Devices Market by End User
7.7.3 Rest of Asia Pacific Hearing Care Devices Market by Type of hearing loss
Chapter 8. Company Profiles
8.1 WS Audiology
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Research & Development Expense
8.2 Cochlear Ltd.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent Strategies and Developments:
8.2.5.1 Approvals and Trials:
8.3 Intricon Corporation
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional & Segmental Analysis
8.3.4 Research & Development Expenses
8.4 Starkey Laboratories, Inc.
8.4.1 Company Overview
8.4.2 Recent Strategies and Developments:
8.4.2.1 Partnerships, Collaborations and Agreements:
8.4.2.2 Product Launches and Product Expansions:
8.5 GN Store Nord A/S (GN Hearing A/S)
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Recent Strategies and Developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.5.4.2 Acquisitions and Mergers:
8.5.4.3 Product Launches and Product Expansions:
8.6 Sonova Holding AG
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent Strategies and Developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 William Demant Holding A/S
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expense
8.7.5 Recent Strategies and Developments:
8.7.5.1 Partnerships, Collaborations, and Agreements:
8.8 Amplifon SpA (Ampliter N.V.)
8.8.1 Company Overview
8.8.2 Recent Strategies and Developments:
8.8.2.1 Acquisitions and Mergers:
8.9 MED-EL GmbH
8.9.1 Company Overview
TABLE 1 Asia Pacific Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Hearing Aids Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Hearing Aids Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Hearing Implants Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Hearing Implants Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Home-use Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Home-use Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Ambulatory Surgical Centers (ASCs) Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Ambulatory Surgical Centers (ASCs) Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Hospitals & Clinics Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Hospitals & Clinics Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Conductive Hearing Loss Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Conductive Hearing Loss Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Sensorineural Hearing Loss Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Sensorineural Hearing Loss Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Hearing Care Devices Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Hearing Care Devices Market by Country, 2022 - 2028, USD Million
TABLE 25 China Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 26 China Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 27 China Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 28 China Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 29 China Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 30 China Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 31 China Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 32 China Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 33 Japan Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 34 Japan Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 35 Japan Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 36 Japan Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 37 Japan Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 38 Japan Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 39 Japan Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 40 Japan Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 41 India Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 42 India Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 43 India Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 44 India Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 45 India Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 46 India Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 47 India Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 48 India Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 49 South Korea Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 50 South Korea Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 51 South Korea Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 52 South Korea Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 53 South Korea Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 54 South Korea Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 55 South Korea Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 56 South Korea Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 57 Singapore Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 58 Singapore Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 59 Singapore Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 60 Singapore Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 61 Singapore Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 62 Singapore Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 63 Singapore Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 64 Singapore Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 65 Malaysia Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 66 Malaysia Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 67 Malaysia Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 68 Malaysia Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 69 Malaysia Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 70 Malaysia Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 71 Malaysia Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 72 Malaysia Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 73 Rest of Asia Pacific Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 74 Rest of Asia Pacific Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 75 Rest of Asia Pacific Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 76 Rest of Asia Pacific Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 77 Rest of Asia Pacific Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 78 Rest of Asia Pacific Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 81 key Information – WS Audiology
TABLE 82 key Information – Cochlear Ltd.
TABLE 83 Key information – Intricon Corporation
TABLE 84 Key information – Starkey Laboratories, Inc.
TABLE 85 key Information – GN Store Nord A/S
TABLE 86 key Information – Sonova Holding AG
TABLE 87 key Information – William Demant Holding A/S
TABLE 88 key Information – Amplifon SpA
TABLE 89 Key Information – MED-EL GmbH
List of Figures
FIG 1 Methodology for the research