The Europe Bionic Ear Market would witness market growth of 7.2% CAGR during the forecast period (2023-2029).
There are many ways that noise can impair hearing. One of the most frequent sources of damaging noise is occupational noise. This is primarily due to the years of constant exposure. For example, if one works in manufacturing, construction, or the military, one may spend several hours each day damaging noise. Any of the ear's structural components can be harmed by a loud, unexpected noise, such as an explosion, firecracker, or gunshot close to the ear. This can result in an instant, severe, and frequently permanent loss of hearing. This kind of injury frequently needs immediate medical intervention.
A momentary ringing in the ears and hearing loss can result from loud noises (like a rock concert). Additionally, the sound may appear muffled. However, they might occasionally last for several weeks. Long-term (sometimes years-long) exposure to loud as well as moderately loud sounds repeatedly and often can result in permanent hearing loss.
One to two infants out of every 1,000 are born with permanent hearing loss in both or one ear, according to the UK government. Most of these babies are born into families who have never experienced hearing loss before. Additionally, the UK's life science sector makes a significant economic contribution to the country. It makes 256,100 hires and earns £80.7 billion in total. In addition, the UK's medical technology sector employs 100,000 people and has over 2,000 enterprises, of which more than 80% are SMEs, resulting in it being the second-biggest producer in Europe, after Germany. This makes qualified healthcare providers more accessible, resulting in better healthcare services. The solid healthcare infrastructure and rising rates of hearing loss are anticipated to boost market expansion.
The Germany market dominated the Europe Bionic Ear Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $283 Million by 2029. The UK market is showcasing a CAGR of 6.3% during (2023 - 2029). Additionally, The France market would witness a CAGR of 8% during (2023 - 2029).
Based on End-use, the market is segmented into Hospitals, Clinics, and Others. Based on Type, the market is segmented into Cochlear Implant, Auditory Brainstem Implants, and BAHA/BAHS. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Bionic Ear Market is Projected to reach USD 3.5 Billion by 2029, at a CAGR of 7.9%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Cochlear Ltd., MED-EL GmbH, Sonova Holding AG, Zhejiang Uniview Technologies Co., Ltd. (Hangzhou Jiaozhi Technology Co., Ltd.), Boston Scientific Corporation, Medtronic PLC, Amplifon S.P.A., Starkey laboratories, Inc., GN Store Nord A/S (GN Hearing A/S), and WS Audiology A/S.
Scope of the Study
Market Segments Covered in the Report:
By End-use
By Type
- Cochlear Implant
- Auditory Brainstem Implants
- BAHA/BAHS
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Cochlear Ltd.
- MED-EL GmbH
- Sonova Holding AG
- Zhejiang Uniview Technologies Co., Ltd. (Hangzhou Jiaozhi Technology Co., Ltd.)
- Boston Scientific Corporation
- Medtronic PLC
- Amplifon S.P.A.
- Starkey laboratories, Inc.
- GN Store Nord A/S (GN Hearing A/S)
- WS Audiology A/S
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Bionic Ear Market, by End-use
1.4.2 Europe Bionic Ear Market, by Type
1.4.3 Europe Bionic Ear 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 & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Bionic Ear Market by End-use
3.1 Europe Hospitals Market by Country
3.2 Europe Clinics Market by Country
3.3 Europe Others Market by Country
Chapter 4. Europe Bionic Ear Market by Type
4.1 Europe Cochlear Implant Market by Country
4.2 Europe Auditory Brainstem Implants Market by Country
4.3 Europe BAHA/BAHS Market by Country
Chapter 5. Europe Bionic Ear Market by Country
5.1 Germany Bionic Ear Market
5.1.1 Germany Bionic Ear Market by End-use
5.1.2 Germany Bionic Ear Market by Type
5.2 UK Bionic Ear Market
5.2.1 UK Bionic Ear Market by End-use
5.2.2 UK Bionic Ear Market by Type
5.3 France Bionic Ear Market
5.3.1 France Bionic Ear Market by End-use
5.3.2 France Bionic Ear Market by Type
5.4 Russia Bionic Ear Market
5.4.1 Russia Bionic Ear Market by End-use
5.4.2 Russia Bionic Ear Market by Type
5.5 Spain Bionic Ear Market
5.5.1 Spain Bionic Ear Market by End-use
5.5.2 Spain Bionic Ear Market by Type
5.6 Italy Bionic Ear Market
5.6.1 Italy Bionic Ear Market by End-use
5.6.2 Italy Bionic Ear Market by Type
5.7 Rest of Europe Bionic Ear Market
5.7.1 Rest of Europe Bionic Ear Market by End-use
5.7.2 Rest of Europe Bionic Ear Market by Type
Chapter 6. Company Profiles
6.1 Cochlear Ltd.
6.1.1 Company Overview
6.1.2 Financial Analysis
6.1.3 Research & Development Expense
6.2 MED-EL GmbH
6.2.1 Company Overview
6.2.2 Recent strategies and developments:
6.2.2.1 Approvals & Trials:
6.3 Sonova Holding AG
6.3.1 Company Overview
6.3.2 Financial Analysis
6.3.3 Segmental and Regional Analysis
6.3.4 Research & Development Expenses
6.3.5 Recent strategies and developments:
6.3.5.1 Acquisition and Mergers:
6.4 Zhejiang Uniview Technologies Co., Ltd. (Hangzhou Jiaozhi Technology Co., Ltd.)
6.4.1 Company Overview
6.5 Boston Scientific Corporation
6.5.1 Company Overview
6.5.2 Financial Analysis
6.5.3 Segmental and Regional Analysis
6.5.4 Research & Development Expense
6.5.5 SWOT Analysis
6.6 Medtronic PLC
6.6.1 Company overview
6.6.2 Financial Analysis
6.6.3 Segmental and Regional Analysis
6.6.4 Research & Development Expenses
6.6.5 SWOT Analysis
6.7 Amplifon S.P.A.
6.7.1 Company Overview
6.7.2 Financial Analysis
6.7.3 Regional Analysis
6.7.4 Recent strategies and developments:
6.7.4.1 Acquisition and Mergers:
6.8 Starkey laboratories, Inc.
6.8.1 Company Overview
6.9 GN Store Nord A/S (GN Hearing A/S)
6.9.1 Company Overview
6.9.2 Financial Analysis
6.9.3 Segmental and Regional Analysis
6.9.4 Research & Development Expenses
6.10. WS Audiology A/S
6.10.1 Company Overview
6.10.2 Financial Analysis
6.10.3 Regional Analysis
6.10.4 Research & Development Expenses
TABLE 1 Europe Bionic Ear Market, 2019 - 2022, USD Million
TABLE 2 Europe Bionic Ear Market, 2023 - 2029, USD Million
TABLE 3 Europe Bionic Ear Market by End-use, 2019 - 2022, USD Million
TABLE 4 Europe Bionic Ear Market by End-use, 2023 - 2029, USD Million
TABLE 5 Europe Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Hospitals Market by Country, 2023 - 2029, USD Million
TABLE 7 Europe Clinics Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Clinics Market by Country, 2023 - 2029, USD Million
TABLE 9 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 10 Europe Others Market by Country, 2023 - 2029, USD Million
TABLE 11 Europe Bionic Ear Market by Type, 2019 - 2022, USD Million
TABLE 12 Europe Bionic Ear Market by Type, 2023 - 2029, USD Million
TABLE 13 Europe Cochlear Implant Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Cochlear Implant Market by Country, 2023 - 2029, USD Million
TABLE 15 Europe Auditory Brainstem Implants Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Auditory Brainstem Implants Market by Country, 2023 - 2029, USD Million
TABLE 17 Europe BAHA/BAHS Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe BAHA/BAHS Market by Country, 2023 - 2029, USD Million
TABLE 19 Europe Bionic Ear Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Bionic Ear Market by Country, 2023 - 2029, USD Million
TABLE 21 Germany Bionic Ear Market, 2019 - 2022, USD Million
TABLE 22 Germany Bionic Ear Market, 2023 - 2029, USD Million
TABLE 23 Germany Bionic Ear Market by End-use, 2019 - 2022, USD Million
TABLE 24 Germany Bionic Ear Market by End-use, 2023 - 2029, USD Million
TABLE 25 Germany Bionic Ear Market by Type, 2019 - 2022, USD Million
TABLE 26 Germany Bionic Ear Market by Type, 2023 - 2029, USD Million
TABLE 27 UK Bionic Ear Market, 2019 - 2022, USD Million
TABLE 28 UK Bionic Ear Market, 2023 - 2029, USD Million
TABLE 29 UK Bionic Ear Market by End-use, 2019 - 2022, USD Million
TABLE 30 UK Bionic Ear Market by End-use, 2023 - 2029, USD Million
TABLE 31 UK Bionic Ear Market by Type, 2019 - 2022, USD Million
TABLE 32 UK Bionic Ear Market by Type, 2023 - 2029, USD Million
TABLE 33 France Bionic Ear Market, 2019 - 2022, USD Million
TABLE 34 France Bionic Ear Market, 2023 - 2029, USD Million
TABLE 35 France Bionic Ear Market by End-use, 2019 - 2022, USD Million
TABLE 36 France Bionic Ear Market by End-use, 2023 - 2029, USD Million
TABLE 37 France Bionic Ear Market by Type, 2019 - 2022, USD Million
TABLE 38 France Bionic Ear Market by Type, 2023 - 2029, USD Million
TABLE 39 Russia Bionic Ear Market, 2019 - 2022, USD Million
TABLE 40 Russia Bionic Ear Market, 2023 - 2029, USD Million
TABLE 41 Russia Bionic Ear Market by End-use, 2019 - 2022, USD Million
TABLE 42 Russia Bionic Ear Market by End-use, 2023 - 2029, USD Million
TABLE 43 Russia Bionic Ear Market by Type, 2019 - 2022, USD Million
TABLE 44 Russia Bionic Ear Market by Type, 2023 - 2029, USD Million
TABLE 45 Spain Bionic Ear Market, 2019 - 2022, USD Million
TABLE 46 Spain Bionic Ear Market, 2023 - 2029, USD Million
TABLE 47 Spain Bionic Ear Market by End-use, 2019 - 2022, USD Million
TABLE 48 Spain Bionic Ear Market by End-use, 2023 - 2029, USD Million
TABLE 49 Spain Bionic Ear Market by Type, 2019 - 2022, USD Million
TABLE 50 Spain Bionic Ear Market by Type, 2023 - 2029, USD Million
TABLE 51 Italy Bionic Ear Market, 2019 - 2022, USD Million
TABLE 52 Italy Bionic Ear Market, 2023 - 2029, USD Million
TABLE 53 Italy Bionic Ear Market by End-use, 2019 - 2022, USD Million
TABLE 54 Italy Bionic Ear Market by End-use, 2023 - 2029, USD Million
TABLE 55 Italy Bionic Ear Market by Type, 2019 - 2022, USD Million
TABLE 56 Italy Bionic Ear Market by Type, 2023 - 2029, USD Million
TABLE 57 Rest of Europe Bionic Ear Market, 2019 - 2022, USD Million
TABLE 58 Rest of Europe Bionic Ear Market, 2023 - 2029, USD Million
TABLE 59 Rest of Europe Bionic Ear Market by End-use, 2019 - 2022, USD Million
TABLE 60 Rest of Europe Bionic Ear Market by End-use, 2023 - 2029, USD Million
TABLE 61 Rest of Europe Bionic Ear Market by Type, 2019 - 2022, USD Million
TABLE 62 Rest of Europe Bionic Ear Market by Type, 2023 - 2029, USD Million
TABLE 63 key Information – Cochlear Ltd.
TABLE 64 Key Information – MED-EL GmbH
TABLE 65 key Information – Sonova Holding AG
TABLE 66 Key Information – Zhejiang Uniview Technologies Co., Ltd.
TABLE 67 key Information – Boston Scientific Corporation
TABLE 68 Key Information – Medtronic PLC
TABLE 69 Key Information – Amplifon S.P.A.
TABLE 70 key Information – Starkey Laboratories, Inc.
TABLE 71 key Information – GN Store Nord A/S
TABLE 72 Key Information – WS Audiology A/S
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Bionic Ear Market share by End-use, 2022
FIG 3 Europe Bionic Ear Market share by End-use, 2029
FIG 4 Europe Bionic Ear Market by End-use, 2019 - 2029, USD Million
FIG 5 Europe Bionic Ear Market share by Type, 2022
FIG 6 Europe Bionic Ear Market share by Type, 2029
FIG 7 Europe Bionic Ear Market by Type, 2019 - 2029, USD Million
FIG 8 Europe Bionic Ear Market share by Country, 2022
FIG 9 Europe Bionic Ear Market share by Country, 2029
FIG 10 Europe Bionic Ear Market by Country, 2019 - 2029, USD Million
FIG 11 SWOT Analysis: Boston Scientific Corporation
FIG 12 Swot analysis: Medtronic plc