The North America Hearing Amplifiers Market would witness market growth of 3.8% CAGR during the forecast period (2021-2027).
Hearing amplifiers, also known as Personal Sound Amplification Devices (PSAP), are useful in such situations since they are a type of hearing aid that amplifies sound for better hearing in those who have hearing problems. Moreover, Hearing amplifiers boost the volume of incoming signals before delivering them to the ear via speakers. These gadgets are available over-the-counter (OTC), but fittings require professional knowledge.
Hearing amplifiers today do more than just amplify sound. To increase hearing, they process sound in a variety of ways. Many hearing amplifiers help to filter out background noise and competing speakers. They increase the volume of gentle conversational sounds while decreasing the volume of disagreeable loud noise. Satisfaction with a well-fitting hearing aid can be great, and the hearing aid can improve the wearer's quality of life.
As per the National Institute on Deafness and Other Communication, In the United States, around 2 to 3 out of every 1,000 children are born with a detectable amount of hearing loss in one or both ears, Hearing parents give birth to more than 90% of deaf children, around 15% of adults in the United States (37.5 million) say they have difficulty hearing and in individuals aged 20 to 69, aging is the best predictor of hearing loss, with the largest amount of hearing loss in the 60 to 69 age group.
The US market dominated the North America Hearing Amplifiers Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $32.8 million by 2027. The Canada market is poised to grow a CAGR of 6.1% during (2021 - 2027). Additionally, The Mexico market would exhibit a CAGR of 5.2% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Hearing Amplifiers Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Hearing Amplifiers Market, by Product
1.4.2 North America Hearing Amplifiers Market, by Type
1.4.3 North America Hearing Amplifiers Market, by Distribution Channel
1.4.4 North America 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. North America Hearing Amplifiers Market by Product
4.1 North America Behind-the-ear Market by Country
4.2 North America In-the-ear Market by Country
Chapter 5. North America Hearing Amplifiers Market by Type
5.1 North America Analog Market by Country
5.2 North America Digital Market by Country
Chapter 6. North America Hearing Amplifiers Market by Distribution Channel
6.1 North America Hospital Pharmacies Market by Country
6.2 North America Online Pharmacies Market by Country
6.3 North America Others Market by Country
Chapter 7. North America Hearing Amplifiers Market by Country
7.1 US Hearing Amplifiers Market
7.1.1 US Hearing Amplifiers Market by Product
7.1.2 US Hearing Amplifiers Market by Type
7.1.3 US Hearing Amplifiers Market by Distribution Channel
7.2 Canada Hearing Amplifiers Market
7.2.1 Canada Hearing Amplifiers Market by Product
7.2.2 Canada Hearing Amplifiers Market by Type
7.2.3 Canada Hearing Amplifiers Market by Distribution Channel
7.3 Mexico Hearing Amplifiers Market
7.3.1 Mexico Hearing Amplifiers Market by Product
7.3.2 Mexico Hearing Amplifiers Market by Type
7.3.3 Mexico Hearing Amplifiers Market by Distribution Channel
7.4 Rest of North America Hearing Amplifiers Market
7.4.1 Rest of North America Hearing Amplifiers Market by Product
7.4.2 Rest of North America Hearing Amplifiers Market by Type
7.4.3 Rest of North America 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 North America Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 2 North America 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 North America Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 8 North America Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 9 North America Behind-the-ear Market by Country, 2017 - 2020, USD Thousands
TABLE 10 North America Behind-the-ear Market by Country, 2021 - 2027, USD Thousands
TABLE 11 North America In-the-ear Market by Country, 2017 - 2020, USD Thousands
TABLE 12 North America In-the-ear Market by Country, 2021 - 2027, USD Thousands
TABLE 13 North America Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 14 North America Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 15 North America Analog Market by Country, 2017 - 2020, USD Thousands
TABLE 16 North America Analog Market by Country, 2021 - 2027, USD Thousands
TABLE 17 North America Digital Market by Country, 2017 - 2020, USD Thousands
TABLE 18 North America Digital Market by Country, 2021 - 2027, USD Thousands
TABLE 19 North America Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 20 North America Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 21 North America Hospital Pharmacies Market by Country, 2017 - 2020, USD Thousands
TABLE 22 North America Hospital Pharmacies Market by Country, 2021 - 2027, USD Thousands
TABLE 23 North America Online Pharmacies Market by Country, 2017 - 2020, USD Thousands
TABLE 24 North America Online Pharmacies Market by Country, 2021 - 2027, USD Thousands
TABLE 25 North America Others Market by Country, 2017 - 2020, USD Thousands
TABLE 26 North America Others Market by Country, 2021 - 2027, USD Thousands
TABLE 27 North America Hearing Amplifiers Market by Country, 2017 - 2020, USD Thousands
TABLE 28 North America Hearing Amplifiers Market by Country, 2021 - 2027, USD Thousands
TABLE 29 US Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 30 US Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 31 US Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 32 US Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 33 US Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 34 US Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 35 US Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 36 US Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 37 Canada Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 38 Canada Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 39 Canada Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 40 Canada Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 41 Canada Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 42 Canada Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 43 Canada Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 44 Canada Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 45 Mexico Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 46 Mexico Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 47 Mexico Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 48 Mexico Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 49 Mexico Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 50 Mexico Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 51 Mexico Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 52 Mexico Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 53 Rest of North America Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 54 Rest of North America Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 55 Rest of North America Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 56 Rest of North America Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 57 Rest of North America Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 58 Rest of North America Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 59 Rest of North America Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 60 Rest of North America Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 61 Key information – Beurer GmbH
TABLE 62 Key information – Lucid Audio, LLC
TABLE 63 Key information – InnerScope Hearing Technologies, Inc.
TABLE 64 Key information – Intricon Corporation
TABLE 65 Key information – Otofonix Hearing Solutions
TABLE 66 Key information – MDHearingAid
TABLE 67 Key information – Eargo, Inc.
TABLE 68 Key information – Starkey Laboratories, Inc.
TABLE 69 Key information – Sound World Solutions, Inc.
TABLE 70 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.