Global Adult Hearing Aids Revenue Is Nearly 6760 M USD In 2017
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In the last several years, global market of Adult Hearing Aids developed rapidly, with an average growth rate of 7.11% during 2013 to 2017. In 2017, global revenue of Adult Hearing Aids is nearly 6760 M USD; the actual sales are about 13500 K Unit.
The global average price of Adult Hearing Aids is in the increasing trend, from 482 USD/Unit in 2013 to 508 USD/Unit in 2017. With the situation of global economy, prices will be in increasing trend in the following five years.
The classification of Adult Hearing Aids includes Behind-the-ear?(BTE) Hearing Aids, In-the-ear?(ITE) Hearing Aids, In-The-Canal?(ITC) Hearing Aids and Completely-In-Canal?(CIC) Hearing Aids, and the proportion of Behind-the-ear?(BTE) Hearing Aids in 2017 is about 75%, and the proportion is in increasing trend from 2013 to 2017.
Adult Hearing Aids is widely used for congenital hearing loss, age-related hearing loss and acquired?trauma hearing loss. The most proportion of Adult Hearing Aids is used for age-related hearing loss, and the proportion in 2017 is 82%.
North America and Europe are the two largest consumption place, with a similar consumption market share nearly 34% in 2017.
Market competition is not intense. William Demant, Sonova, Starkey, Sivantos, GN ReSound, Widex, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.