The Latin America, Middle East and Africa Hearing Amplifiers Market would witness market growth of 6.5% CAGR during the forecast period (2021-2027).
Hearing amplifiers are in high demand in the market to address end-user demand for improved, safe, and cost-effective alternatives to hearing aids. Similarly, the rising cost of hearing aids presents a great opportunity for hearing amplifier manufacturers to create a cutting-edge, cost-effective solution to meet unmet consumer demand.
The improper fitting has an impact on the hearing experience and can possibly worsen the condition. To get a perfect-fit hearing amplifier, a person would need precise measurements related to hearing ability, the proper sort of hearing aid, and the device's exact form and size. Moreover, the Hearing amplifiers industry has witnessed the influx of cutting-edge equipment such as invisible hearing aids and smart connected hearing aids (AI-, Bluetooth-enabled, which can be connected to Android or iOS).
According to the WHO's 2021 World Report on Hearing, 136 million people in the WHO region of Africa had some degree of hearing loss, with 39.9 million, or 3.6 percent, having a moderate or greater grade of hearing loss. By 2050, 332 million Africans will suffer from some form of hearing loss. Due to ear infections, poor hygiene, and a lack of treatment, children with hearing loss are overrepresented in many African countries. Hence, these factors are estimated to fuel the growth of the overall Hearing Amplifiers Market during the forecasting period.
The Brazil market dominated the LAMEA Hearing Amplifiers Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $1.7 million by 2027. The Argentina market would witness a CAGR of 7.1% during (2021 - 2027). Additionally, The UAE market is experiencing a CAGR of 6.2% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Hearing Amplifiers Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Hearing Amplifiers Market, by Product
1.4.2 LAMEA Hearing Amplifiers Market, by Type
1.4.3 LAMEA Hearing Amplifiers Market, by Distribution Channel
1.4.4 LAMEA 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. LAMEA Hearing Amplifiers Market by Product
4.1 LAMEA Behind-the-ear Market by Country
4.2 LAMEA In-the-ear Market by Country
Chapter 5. LAMEA Hearing Amplifiers Market by Type
5.1 LAMEA Analog Market by Country
5.2 LAMEA Digital Market by Country
Chapter 6. LAMEA Hearing Amplifiers Market by Distribution Channel
6.1 LAMEA Hospital Pharmacies Market by Country
6.2 LAMEA Online Pharmacies Market by Country
6.3 LAMEA Others Market by Country
Chapter 7. LAMEA Hearing Amplifiers Market by Country
7.1 Brazil Hearing Amplifiers Market
7.1.1 Brazil Hearing Amplifiers Market by Product
7.1.2 Brazil Hearing Amplifiers Market by Type
7.1.3 Brazil Hearing Amplifiers Market by Distribution Channel
7.2 Argentina Hearing Amplifiers Market
7.2.1 Argentina Hearing Amplifiers Market by Product
7.2.2 Argentina Hearing Amplifiers Market by Type
7.2.3 Argentina Hearing Amplifiers Market by Distribution Channel
7.3 UAE Hearing Amplifiers Market
7.3.1 UAE Hearing Amplifiers Market by Product
7.3.2 UAE Hearing Amplifiers Market by Type
7.3.3 UAE Hearing Amplifiers Market by Distribution Channel
7.4 Saudi Arabia Hearing Amplifiers Market
7.4.1 Saudi Arabia Hearing Amplifiers Market by Product
7.4.2 Saudi Arabia Hearing Amplifiers Market by Type
7.4.3 Saudi Arabia Hearing Amplifiers Market by Distribution Channel
7.5 South Africa Hearing Amplifiers Market
7.5.1 South Africa Hearing Amplifiers Market by Product
7.5.2 South Africa Hearing Amplifiers Market by Type
7.5.3 South Africa Hearing Amplifiers Market by Distribution Channel
7.6 Nigeria Hearing Amplifiers Market
7.6.1 Nigeria Hearing Amplifiers Market by Product
7.6.2 Nigeria Hearing Amplifiers Market by Type
7.6.3 Nigeria Hearing Amplifiers Market by Distribution Channel
7.7 Rest of LAMEA Hearing Amplifiers Market
7.7.1 Rest of LAMEA Hearing Amplifiers Market by Product
7.7.2 Rest of LAMEA Hearing Amplifiers Market by Type
7.7.3 Rest of LAMEA 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 LAMEA Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 2 LAMEA Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 3 Partnerships, Collaborations and Agreements– Hearing Amplifiers Market
TABLE 4 Product Launches And Product Expansions– Hearing Amplifiers Market
TABLE 5 Acquisition and Mergers– Hearing Amplifiers Market
TABLE 6 Approvals and Trials – Hearing Amplifiers Market
TABLE 7 LAMEA Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 8 LAMEA Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 9 LAMEA Behind-the-ear Market by Country, 2017 - 2020, USD Thousands
TABLE 10 LAMEA Behind-the-ear Market by Country, 2021 - 2027, USD Thousands
TABLE 11 LAMEA In-the-ear Market by Country, 2017 - 2020, USD Thousands
TABLE 12 LAMEA In-the-ear Market by Country, 2021 - 2027, USD Thousands
TABLE 13 LAMEA Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 14 LAMEA Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 15 LAMEA Analog Market by Country, 2017 - 2020, USD Thousands
TABLE 16 LAMEA Analog Market by Country, 2021 - 2027, USD Thousands
TABLE 17 LAMEA Digital Market by Country, 2017 - 2020, USD Thousands
TABLE 18 LAMEA Digital Market by Country, 2021 - 2027, USD Thousands
TABLE 19 LAMEA Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 20 LAMEA Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 21 LAMEA Hospital Pharmacies Market by Country, 2017 - 2020, USD Thousands
TABLE 22 LAMEA Hospital Pharmacies Market by Country, 2021 - 2027, USD Thousands
TABLE 23 LAMEA Online Pharmacies Market by Country, 2017 - 2020, USD Thousands
TABLE 24 LAMEA Online Pharmacies Market by Country, 2021 - 2027, USD Thousands
TABLE 25 LAMEA Others Market by Country, 2017 - 2020, USD Thousands
TABLE 26 LAMEA Others Market by Country, 2021 - 2027, USD Thousands
TABLE 27 LAMEA Hearing Amplifiers Market by Country, 2017 - 2020, USD Thousands
TABLE 28 LAMEA Hearing Amplifiers Market by Country, 2021 - 2027, USD Thousands
TABLE 29 Brazil Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 30 Brazil Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 31 Brazil Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 32 Brazil Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 33 Brazil Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 34 Brazil Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 35 Brazil Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 36 Brazil Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 37 Argentina Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 38 Argentina Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 39 Argentina Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 40 Argentina Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 41 Argentina Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 42 Argentina Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 43 Argentina Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 44 Argentina Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 45 UAE Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 46 UAE Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 47 UAE Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 48 UAE Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 49 UAE Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 50 UAE Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 51 UAE Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 52 UAE Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 53 Saudi Arabia Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 54 Saudi Arabia Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 55 Saudi Arabia Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 56 Saudi Arabia Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 57 Saudi Arabia Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 58 Saudi Arabia Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 59 Saudi Arabia Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 60 Saudi Arabia Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 61 South Africa Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 62 South Africa Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 63 South Africa Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 64 South Africa Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 65 South Africa Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 66 South Africa Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 67 South Africa Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 68 South Africa Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 69 Nigeria Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 70 Nigeria Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 71 Nigeria Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 72 Nigeria Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 73 Nigeria Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 74 Nigeria Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 75 Nigeria Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 76 Nigeria Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 77 Rest of LAMEA Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 78 Rest of LAMEA Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 79 Rest of LAMEA Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 80 Rest of LAMEA Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 81 Rest of LAMEA Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 82 Rest of LAMEA Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 83 Rest of LAMEA Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 84 Rest of LAMEA Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 85 Key information – Beurer GmbH
TABLE 86 Key information – Lucid Audio, LLC
TABLE 87 Key information – InnerScope Hearing Technologies, Inc.
TABLE 88 Key information – Intricon Corporation
TABLE 89 Key information – Otofonix Hearing Solutions
TABLE 90 Key information – MDHearingAid
TABLE 91 Key information – Eargo, Inc.
TABLE 92 Key information – Starkey Laboratories, Inc.
TABLE 93 Key information – Sound World Solutions, Inc.
TABLE 94 key Information – Cochlear Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Partnerships, Collaborations & Agreements : 2018, Mar – 2021, nov) Leading Players
FIG 5 Recent strategies and developments: InnerScope Hearing Technologies, Inc.
FIG 6 Recent strategies and developments: IntriCon Corporation
FIG 7 Recent strategies and developments: Eargo, Inc.
FIG 8 Recent strategies and developments: Starkey laboratories, Inc.
FIG 9 Recent strategies and developments: Cochlear Ltd.