The Europe Hearing Amplifiers Market would witness market growth of 4.0% CAGR during the forecast period (2021-2027).
Hearing amplifiers have recently evolved to include a number of user-friendly features that provide novel solutions and increased application. Recent advancements, for example, have enabled smartphone connectivity, allowing users to have better phone conversations while simultaneously keeping track of their cognitive hearing and mental health. Moreover, this technology enables sound isolation by removing undesirable sounds, resulting in a better user experience.
Sound World Solutions has released the CS10, a hearing solution with Bluetooth and an iPhone platform that is designed to enhance and raise the sound intensity for hearing challenged people via a mobile app that can be customized. Additionally, it seeks to improve listening in a variety of scenarios, including business meetings, family gatherings, phone calls, and watching television. As a result, technical improvements in the hearing amplifiers business are expected to accelerate the industry's growth in the near future.
Some of the key trends of the regional market are the rising prevalence of deafness, the introduction of technological breakthroughs, and the resulting increase in awareness. According to the WHO, the prevalence of hearing impairment in adults is 16.2% in adults, impacting 11.1 million people in Germany. As per the Royal National Institute for the Deaf, the number of persons who use British Sign Language in the UK is believed to be 151,000, with 87,000 of them being Deaf. Hearing loss affects more than 40% of adults over the age of 50 in the United Kingdom and more than 70% of people over the age of 70.
The Germany market dominated the Europe Hearing Amplifiers Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $8.2 million by 2027. The UK market would witness a CAGR of 3.3% during (2021 - 2027). Additionally, The France market is anticipated to grow a CAGR of 4.8% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Hearing Amplifiers Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Hearing Amplifiers Market, by Product
1.4.2 Europe Hearing Amplifiers Market, by Type
1.4.3 Europe Hearing Amplifiers Market, by Distribution Channel
1.4.4 Europe 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. Europe Hearing Amplifiers Market by Product
4.1 Europe Behind-the-ear Market by Country
4.2 Europe In-the-ear Market by Country
Chapter 5. Europe Hearing Amplifiers Market by Type
5.1 Europe Analog Market by Country
5.2 Europe Digital Market by Country
Chapter 6. Europe Hearing Amplifiers Market by Distribution Channel
6.1 Europe Hospital Pharmacies Market by Country
6.2 Europe Online Pharmacies Market by Country
6.3 Europe Others Market by Country
Chapter 7. Europe Hearing Amplifiers Market by Country
7.1 Germany Hearing Amplifiers Market
7.1.1 Germany Hearing Amplifiers Market by Product
7.1.2 Germany Hearing Amplifiers Market by Type
7.1.3 Germany Hearing Amplifiers Market by Distribution Channel
7.2 UK Hearing Amplifiers Market
7.2.1 UK Hearing Amplifiers Market by Product
7.2.2 UK Hearing Amplifiers Market by Type
7.2.3 UK Hearing Amplifiers Market by Distribution Channel
7.3 France Hearing Amplifiers Market
7.3.1 France Hearing Amplifiers Market by Product
7.3.2 France Hearing Amplifiers Market by Type
7.3.3 France Hearing Amplifiers Market by Distribution Channel
7.4 Russia Hearing Amplifiers Market
7.4.1 Russia Hearing Amplifiers Market by Product
7.4.2 Russia Hearing Amplifiers Market by Type
7.4.3 Russia Hearing Amplifiers Market by Distribution Channel
7.5 Spain Hearing Amplifiers Market
7.5.1 Spain Hearing Amplifiers Market by Product
7.5.2 Spain Hearing Amplifiers Market by Type
7.5.3 Spain Hearing Amplifiers Market by Distribution Channel
7.6 Italy Hearing Amplifiers Market
7.6.1 Italy Hearing Amplifiers Market by Product
7.6.2 Italy Hearing Amplifiers Market by Type
7.6.3 Italy Hearing Amplifiers Market by Distribution Channel
7.7 Rest of Europe Hearing Amplifiers Market
7.7.1 Rest of Europe Hearing Amplifiers Market by Product
7.7.2 Rest of Europe Hearing Amplifiers Market by Type
7.7.3 Rest of Europe 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 Europe Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 2 Europe 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 Europe Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 8 Europe Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 9 Europe Behind-the-ear Market by Country, 2017 - 2020, USD Thousands
TABLE 10 Europe Behind-the-ear Market by Country, 2021 - 2027, USD Thousands
TABLE 11 Europe In-the-ear Market by Country, 2017 - 2020, USD Thousands
TABLE 12 Europe In-the-ear Market by Country, 2021 - 2027, USD Thousands
TABLE 13 Europe Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 14 Europe Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 15 Europe Analog Market by Country, 2017 - 2020, USD Thousands
TABLE 16 Europe Analog Market by Country, 2021 - 2027, USD Thousands
TABLE 17 Europe Digital Market by Country, 2017 - 2020, USD Thousands
TABLE 18 Europe Digital Market by Country, 2021 - 2027, USD Thousands
TABLE 19 Europe Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 20 Europe Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 21 Europe Hospital Pharmacies Market by Country, 2017 - 2020, USD Thousands
TABLE 22 Europe Hospital Pharmacies Market by Country, 2021 - 2027, USD Thousands
TABLE 23 Europe Online Pharmacies Market by Country, 2017 - 2020, USD Thousands
TABLE 24 Europe Online Pharmacies Market by Country, 2021 - 2027, USD Thousands
TABLE 25 Europe Others Market by Country, 2017 - 2020, USD Thousands
TABLE 26 Europe Others Market by Country, 2021 - 2027, USD Thousands
TABLE 27 Europe Hearing Amplifiers Market by Country, 2017 - 2020, USD Thousands
TABLE 28 Europe Hearing Amplifiers Market by Country, 2021 - 2027, USD Thousands
TABLE 29 Germany Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 30 Germany Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 31 Germany Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 32 Germany Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 33 Germany Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 34 Germany Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 35 Germany Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 36 Germany Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 37 UK Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 38 UK Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 39 UK Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 40 UK Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 41 UK Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 42 UK Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 43 UK Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 44 UK Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 45 France Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 46 France Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 47 France Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 48 France Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 49 France Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 50 France Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 51 France Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 52 France Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 53 Russia Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 54 Russia Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 55 Russia Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 56 Russia Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 57 Russia Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 58 Russia Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 59 Russia Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 60 Russia Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 61 Spain Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 62 Spain Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 63 Spain Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 64 Spain Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 65 Spain Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 66 Spain Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 67 Spain Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 68 Spain Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 69 Italy Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 70 Italy Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 71 Italy Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 72 Italy Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 73 Italy Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 74 Italy Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 75 Italy Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 76 Italy Hearing Amplifiers Market by Distribution Channel, 2021 - 2027, USD Thousands
TABLE 77 Rest of Europe Hearing Amplifiers Market, 2017 - 2020, USD Thousands
TABLE 78 Rest of Europe Hearing Amplifiers Market, 2021 - 2027, USD Thousands
TABLE 79 Rest of Europe Hearing Amplifiers Market by Product, 2017 - 2020, USD Thousands
TABLE 80 Rest of Europe Hearing Amplifiers Market by Product, 2021 - 2027, USD Thousands
TABLE 81 Rest of Europe Hearing Amplifiers Market by Type, 2017 - 2020, USD Thousands
TABLE 82 Rest of Europe Hearing Amplifiers Market by Type, 2021 - 2027, USD Thousands
TABLE 83 Rest of Europe Hearing Amplifiers Market by Distribution Channel, 2017 - 2020, USD Thousands
TABLE 84 Rest of Europe 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.