The Latin America, Middle East and Africa Hearing Care Devices Market would witness market growth of 6.7% CAGR during the forecast period (2022-2028).
People's hearing faculties are being negatively impacted by increasing noise pollution around the world. Adults' hearing capacity is projected to be harmed as an outcome of noise pollution in heavy-duty businesses & public carnivals, leading to an increase in the demand for hearing aids. Further, market players in this sector are improving their products through technical innovation and the introduction of new gadgets, which is likely to boost the hearing aids market growth during the forecast period. For example, GN Hearing developed ReSound ONE in 2020, which addresses one of the most persistent problems faced by people with hearing loss. This approach uses a microphone & receiver-in-ear design (M&RIE) to install an additional microphone within the ear canal, which collects sound using the unique shape of each individual's ear.
Moreover, technological improvements bringing to new product launches, changes favouring OTC hearing aid sales, along with favourable reimbursement policies are projected to stimulate demand for hearing aid systems. Government-funded initiatives are also boosting the market for hearing aid support products. The majority of countries with higher penetration rates have government-funded programs, or at the very least, subsidies or full or partial reimbursements for hearing aids & accessories.
Hearing impairment is one of the most disabling congenital disorders, meaning it is present from birth. Congenital hearing loss affects 1-2 per 1,000 new-borns worldwide, although it affects up to 6 per 1,000 in Sub-Saharan Africa. It is advised that children with Hearing Impairments have early diagnosis and care to maximize their cognitive, social-emotional, speech, and language development. EHDI services are scarce in Africa, and in the absence of new-born screening, the age at diagnosis is sometimes relatively late.
About half of all patients born in LAMEA with hearing impairment have NSHI caused by mutation in their DNA. People in the same family, regardless of gender, are frequently impacted by hearing impairment when there is an error that produces a change in the genes. The person diagnosed with hearing impairment, on the other hand, may be the first and only member of their family to be affected. In most cases in LAMEA, neither parent has a hearing problem, but each possess a gene with flaw that could be handed down to their offspring. This type of heredity is known as autosomal recessive (AR), and it accounts for a substantial number of NHSI cases. At birth or within the first several years of life, every child who inherits these two genes with errors from both parents with genetic errors suffer from hearing loss & can pass it on to their offspring. It is possible that more than a thousand NSHI genes have yet to be discovered. Because cultures that have been understudied, such as Sub-Saharan Africans (SSA), may generate genes that play a key role in NSHI, these undiscovered genes are not necessarily infrequent sources of NSHI.
The Brazil market dominated the LAMEA Hearing Care Devices Market by Country 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $216.5 million by 2028. The Argentina market is poised to grow at a CAGR of 7.3% during (2022 - 2028). Additionally, The UAE market would witness 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Hearing Care Devices Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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
Asia Pacific 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 LAMEA Hearing Care Devices Market, by Product
1.4.2 LAMEA Hearing Care Devices Market, by End User
1.4.3 LAMEA Hearing Care Devices Market, by Type of hearing loss
1.4.4 LAMEA 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. LAMEA Hearing Care Devices Market by Product
4.1 LAMEA Hearing Aids Market by Country
4.2 LAMEA Hearing Implants Market by Country
Chapter 5. LAMEA Hearing Care Devices Market by End User
5.1 LAMEA Home-use Market by Country
5.2 LAMEA Ambulatory Surgical Centers (ASCs) Market by Country
5.3 LAMEA Hospitals & Clinics Market by Country
Chapter 6. LAMEA Hearing Care Devices Market by Type of hearing loss
6.1 LAMEA Conductive Hearing Loss Market by Country
6.2 LAMEA Sensorineural Hearing Loss Market by Country
Chapter 7. LAMEA Hearing Care Devices Market by Country
7.1 Brazil Hearing Care Devices Market
7.1.1 Brazil Hearing Care Devices Market by Product
7.1.2 Brazil Hearing Care Devices Market by End User
7.1.3 Brazil Hearing Care Devices Market by Type of hearing loss
7.2 Argentina Hearing Care Devices Market
7.2.1 Argentina Hearing Care Devices Market by Product
7.2.2 Argentina Hearing Care Devices Market by End User
7.2.3 Argentina Hearing Care Devices Market by Type of hearing loss
7.3 UAE Hearing Care Devices Market
7.3.1 UAE Hearing Care Devices Market by Product
7.3.2 UAE Hearing Care Devices Market by End User
7.3.3 UAE Hearing Care Devices Market by Type of hearing loss
7.4 Saudi Arabia Hearing Care Devices Market
7.4.1 Saudi Arabia Hearing Care Devices Market by Product
7.4.2 Saudi Arabia Hearing Care Devices Market by End User
7.4.3 Saudi Arabia Hearing Care Devices Market by Type of hearing loss
7.5 South Africa Hearing Care Devices Market
7.5.1 South Africa Hearing Care Devices Market by Product
7.5.2 South Africa Hearing Care Devices Market by End User
7.5.3 South Africa Hearing Care Devices Market by Type of hearing loss
7.6 Nigeria Hearing Care Devices Market
7.6.1 Nigeria Hearing Care Devices Market by Product
7.6.2 Nigeria Hearing Care Devices Market by End User
7.6.3 Nigeria Hearing Care Devices Market by Type of hearing loss
7.7 Rest of LAMEA Hearing Care Devices Market
7.7.1 Rest of LAMEA Hearing Care Devices Market by Product
7.7.2 Rest of LAMEA Hearing Care Devices Market by End User
7.7.3 Rest of LAMEA 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 LAMEA Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 4 LAMEA Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 5 LAMEA Hearing Aids Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Hearing Aids Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Hearing Implants Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Hearing Implants Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 10 LAMEA Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 11 LAMEA Home-use Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Home-use Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Ambulatory Surgical Centers (ASCs) Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Ambulatory Surgical Centers (ASCs) Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Hospitals & Clinics Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Hospitals & Clinics Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 18 LAMEA Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 19 LAMEA Conductive Hearing Loss Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Conductive Hearing Loss Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Sensorineural Hearing Loss Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Sensorineural Hearing Loss Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Hearing Care Devices Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Hearing Care Devices Market by Country, 2022 - 2028, USD Million
TABLE 25 Brazil Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 26 Brazil Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 27 Brazil Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 28 Brazil Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 29 Brazil Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 30 Brazil Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 31 Brazil Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 32 Brazil Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 33 Argentina Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 34 Argentina Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 35 Argentina Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 36 Argentina Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 37 Argentina Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 38 Argentina Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 39 Argentina Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 40 Argentina Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 41 UAE Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 42 UAE Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 43 UAE Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 44 UAE Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 45 UAE Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 46 UAE Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 47 UAE Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 48 UAE Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 49 Saudi Arabia Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 50 Saudi Arabia Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 51 Saudi Arabia Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 52 Saudi Arabia Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 53 Saudi Arabia Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 54 Saudi Arabia Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 57 South Africa Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 58 South Africa Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 59 South Africa Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 60 South Africa Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 61 South Africa Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 62 South Africa Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 63 South Africa Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 64 South Africa Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 65 Nigeria Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 66 Nigeria Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 67 Nigeria Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 68 Nigeria Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 69 Nigeria Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 70 Nigeria Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 71 Nigeria Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 72 Nigeria Hearing Care Devices Market by Type of hearing loss, 2022 - 2028, USD Million
TABLE 73 Rest of LAMEA Hearing Care Devices Market, 2018 - 2021, USD Million
TABLE 74 Rest of LAMEA Hearing Care Devices Market, 2022 - 2028, USD Million
TABLE 75 Rest of LAMEA Hearing Care Devices Market by Product, 2018 - 2021, USD Million
TABLE 76 Rest of LAMEA Hearing Care Devices Market by Product, 2022 - 2028, USD Million
TABLE 77 Rest of LAMEA Hearing Care Devices Market by End User, 2018 - 2021, USD Million
TABLE 78 Rest of LAMEA Hearing Care Devices Market by End User, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Hearing Care Devices Market by Type of hearing loss, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA 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