The Europe Hearing Loss Disease Treatment Market would witness market growth of 4.0% CAGR during the forecast period (2022-2028).
The hearing devices sector could be divided into ITE (in the ear), BTE (behind the ear), CIC (completely in the canal), RIC (receiver in the canal), & others (invisible in the canal). Among the various kinds of hearing aids, the BTE (behind-the-ear) is a hugely growing sector with the highest demand.
Therefore, BTE (behind-the-ear) devices are anticipated to drive the hearing loss disease treatment market in the upcoming years. If the hearing aids are not helpful, a cochlear implant is employed to repair hearing because of inner ear injury. Cochlear implants are distinctive electronic devices and are accessible to employ in adults & children hurting from severe hearing impairment or deafness.
During the last few years, various cochlear implants have been authorized by health organizations, including FDA. One can also opt surgery option in case of severe damage to outer or middle ear. In the surgical process, ear reconstruction through stapedotomy, tympanoplasty, ossicular chain reconstruction, aural atresia repair, and others are conducted to restore & improve hearing.
According to the government of the UK, one to two infants out of a thousand are born with lifelong hearing loss in both or one of the ears. Mostly these infants are born in such families that have no past of hearing loss. Further, the United Kingdom's life science industry contributes remarkably to the nation's economy. It hires 256,100 people and has a total income of £80.7 billion. Furthermore, with more than 2,000 businesses, and over 80% of them belong to SMEs, the UK's medical technology segment hires 100,000 people, thus making it the second-largest manufacturer in Europe after Germany. This allows the accessibility of trained healthcare suppliers for improved healthcare services. The increasing cases of hearing loss, together with the robust healthcare infrastructure, are expected to increase the market growth.
The Germany market dominated the Europe Hearing Loss Disease Treatment Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,287.7 Million by 2028.The UK market is experiencing a CAGR of 3.2% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 4.8% during (2022 - 2028).
Based on Disease Type, the market is segmented into Sensorineural, Conductive and Mixed. Based on Product, the market is segmented into Devices and Drugs. Based on End-user, the market is segmented into Otology Clinics, Hospitals and Ambulatory Clinics. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Hearing Loss Disease Treatment Market will Hit $16 Billion by 2028, at a CAGR of 4.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Novartis AG, Astellas Pharma, Inc, WS Audiology A/S, Otonomy, Inc, Sensorion, Frequency Therapeutics, Inc, Acousia Therapeutics GmbH, Pipeline Therapeutics, Inc, Audina Hearing Instruments, Inc, and Audifon GmbH & CO. KG.
Scope of the Study
Market Segments Covered in the Report:
By Disease Type
- Sensorineural
- Conductive
- Mixed
By Product
By End-user
- Otology Clinics
- Hospitals
- Ambulatory Clinics
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Novartis AG
- Astellas Pharma, Inc
- WS Audiology A/S
- Otonomy, Inc
- Sensorion
- Frequency Therapeutics, Inc
- Acousia Therapeutics GmbH
- Pipeline Therapeutics, Inc
- Audina Hearing Instruments, Inc
- Audifon GmbH & CO. KG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Hearing Loss Disease Treatment Market, by Disease Type
1.4.2 Europe Hearing Loss Disease Treatment Market, by Product
1.4.3 Europe Hearing Loss Disease Treatment Market, by End-user
1.4.4 Europe Hearing Loss Disease Treatment 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 & Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Hearing Loss Disease Treatment Market
Chapter 4. Europe Hearing Loss Disease Treatment Market by Disease Type
4.1 Europe Sensorineural Market by Country
4.2 Europe Conductive Market by Country
4.3 Europe Mixed Market by Country
Chapter 5. Europe Hearing Loss Disease Treatment Market by Product
5.1 Europe Devices Market by Country
5.2 Europe Drugs Market by Country
Chapter 6. Europe Hearing Loss Disease Treatment Market by End-user
6.1 Europe Otology Clinics Market by Country
6.2 Europe Hospitals Market by Country
6.3 Europe Ambulatory Clinics Market by Country
Chapter 7. Europe Hearing Loss Disease Treatment Market by Country
7.1 Germany Hearing Loss Disease Treatment Market
7.1.1 Germany Hearing Loss Disease Treatment Market by Disease Type
7.1.2 Germany Hearing Loss Disease Treatment Market by Product
7.1.3 Germany Hearing Loss Disease Treatment Market by End-user
7.2 UK Hearing Loss Disease Treatment Market
7.2.1 UK Hearing Loss Disease Treatment Market by Disease Type
7.2.2 UK Hearing Loss Disease Treatment Market by Product
7.2.3 UK Hearing Loss Disease Treatment Market by End-user
7.3 France Hearing Loss Disease Treatment Market
7.3.1 France Hearing Loss Disease Treatment Market by Disease Type
7.3.2 France Hearing Loss Disease Treatment Market by Product
7.3.3 France Hearing Loss Disease Treatment Market by End-user
7.4 Russia Hearing Loss Disease Treatment Market
7.4.1 Russia Hearing Loss Disease Treatment Market by Disease Type
7.4.2 Russia Hearing Loss Disease Treatment Market by Product
7.4.3 Russia Hearing Loss Disease Treatment Market by End-user
7.5 Spain Hearing Loss Disease Treatment Market
7.5.1 Spain Hearing Loss Disease Treatment Market by Disease Type
7.5.2 Spain Hearing Loss Disease Treatment Market by Product
7.5.3 Spain Hearing Loss Disease Treatment Market by End-user
7.6 Italy Hearing Loss Disease Treatment Market
7.6.1 Italy Hearing Loss Disease Treatment Market by Disease Type
7.6.2 Italy Hearing Loss Disease Treatment Market by Product
7.6.3 Italy Hearing Loss Disease Treatment Market by End-user
7.7 Rest of Europe Hearing Loss Disease Treatment Market
7.7.1 Rest of Europe Hearing Loss Disease Treatment Market by Disease Type
7.7.2 Rest of Europe Hearing Loss Disease Treatment Market by Product
7.7.3 Rest of Europe Hearing Loss Disease Treatment Market by End-user
Chapter 8. Company Profiles
8.1 Novartis AG
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.2 Astellas Pharma, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.3 WS Audiology A/S
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expenses
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.4 Otonomy, Inc.
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Research & Development Expenses
8.4.4 Recent strategies and developments:
8.4.4.1 Partnerships, Collaborations, and Agreements:
8.5 Sensorion
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Research & Development Expenses
8.5.4 Recent strategies and developments:
8.5.4.1 Partnerships, Collaborations, and Agreements:
8.6 Frequency Therapeutics, Inc
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Research & Development Expenses
8.6.4 Recent strategies and developments:
8.6.4.1 Partnerships, Collaborations, and Agreements:
8.7 Acousia Therapeutics GmbH
8.7.1 Company Overview
8.8 Pipeline Therapeutics, Inc
8.8.1 Company Overview
8.9 Audina Hearing Instruments, Inc.
8.9.1 Company Overview
8.10. Audifon GmbH & CO. KG
8.10.1 Company Overview
TABLE 1 Europe Hearing Loss Disease Treatment Market, 2018 - 2021, USD Million
TABLE 2 Europe Hearing Loss Disease Treatment Market, 2022 - 2028, USD Million
TABLE 3 Europe Hearing Loss Disease Treatment Market by Disease Type, 2018 - 2021, USD Million
TABLE 4 Europe Hearing Loss Disease Treatment Market by Disease Type, 2022 - 2028, USD Million
TABLE 5 Europe Sensorineural Market by Country, 2018 - 2021, USD Million
TABLE 6 Europe Sensorineural Market by Country, 2022 - 2028, USD Million
TABLE 7 Europe Conductive Market by Country, 2018 - 2021, USD Million
TABLE 8 Europe Conductive Market by Country, 2022 - 2028, USD Million
TABLE 9 Europe Mixed Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Mixed Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Hearing Loss Disease Treatment Market by Product, 2018 - 2021, USD Million
TABLE 12 Europe Hearing Loss Disease Treatment Market by Product, 2022 - 2028, USD Million
TABLE 13 Europe Devices Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Devices Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Drugs Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Drugs Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Hearing Loss Disease Treatment Market by End-user, 2018 - 2021, USD Million
TABLE 18 Europe Hearing Loss Disease Treatment Market by End-user, 2022 - 2028, USD Million
TABLE 19 Europe Otology Clinics Market by Country, 2018 - 2021, USD Million
TABLE 20 Europe Otology Clinics Market by Country, 2022 - 2028, USD Million
TABLE 21 Europe Hospitals Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Hospitals Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Ambulatory Clinics Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Ambulatory Clinics Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Hearing Loss Disease Treatment Market by Country, 2018 - 2021, USD Million
TABLE 26 Europe Hearing Loss Disease Treatment Market by Country, 2022 - 2028, USD Million
TABLE 27 Germany Hearing Loss Disease Treatment Market, 2018 - 2021, USD Million
TABLE 28 Germany Hearing Loss Disease Treatment Market, 2022 - 2028, USD Million
TABLE 29 Germany Hearing Loss Disease Treatment Market by Disease Type, 2018 - 2021, USD Million
TABLE 30 Germany Hearing Loss Disease Treatment Market by Disease Type, 2022 - 2028, USD Million
TABLE 31 Germany Hearing Loss Disease Treatment Market by Product, 2018 - 2021, USD Million
TABLE 32 Germany Hearing Loss Disease Treatment Market by Product, 2022 - 2028, USD Million
TABLE 33 Germany Hearing Loss Disease Treatment Market by End-user, 2018 - 2021, USD Million
TABLE 34 Germany Hearing Loss Disease Treatment Market by End-user, 2022 - 2028, USD Million
TABLE 35 UK Hearing Loss Disease Treatment Market, 2018 - 2021, USD Million
TABLE 36 UK Hearing Loss Disease Treatment Market, 2022 - 2028, USD Million
TABLE 37 UK Hearing Loss Disease Treatment Market by Disease Type, 2018 - 2021, USD Million
TABLE 38 UK Hearing Loss Disease Treatment Market by Disease Type, 2022 - 2028, USD Million
TABLE 39 UK Hearing Loss Disease Treatment Market by Product, 2018 - 2021, USD Million
TABLE 40 UK Hearing Loss Disease Treatment Market by Product, 2022 - 2028, USD Million
TABLE 41 UK Hearing Loss Disease Treatment Market by End-user, 2018 - 2021, USD Million
TABLE 42 UK Hearing Loss Disease Treatment Market by End-user, 2022 - 2028, USD Million
TABLE 43 France Hearing Loss Disease Treatment Market, 2018 - 2021, USD Million
TABLE 44 France Hearing Loss Disease Treatment Market, 2022 - 2028, USD Million
TABLE 45 France Hearing Loss Disease Treatment Market by Disease Type, 2018 - 2021, USD Million
TABLE 46 France Hearing Loss Disease Treatment Market by Disease Type, 2022 - 2028, USD Million
TABLE 47 France Hearing Loss Disease Treatment Market by Product, 2018 - 2021, USD Million
TABLE 48 France Hearing Loss Disease Treatment Market by Product, 2022 - 2028, USD Million
TABLE 49 France Hearing Loss Disease Treatment Market by End-user, 2018 - 2021, USD Million
TABLE 50 France Hearing Loss Disease Treatment Market by End-user, 2022 - 2028, USD Million
TABLE 51 Russia Hearing Loss Disease Treatment Market, 2018 - 2021, USD Million
TABLE 52 Russia Hearing Loss Disease Treatment Market, 2022 - 2028, USD Million
TABLE 53 Russia Hearing Loss Disease Treatment Market by Disease Type, 2018 - 2021, USD Million
TABLE 54 Russia Hearing Loss Disease Treatment Market by Disease Type, 2022 - 2028, USD Million
TABLE 55 Russia Hearing Loss Disease Treatment Market by Product, 2018 - 2021, USD Million
TABLE 56 Russia Hearing Loss Disease Treatment Market by Product, 2022 - 2028, USD Million
TABLE 57 Russia Hearing Loss Disease Treatment Market by End-user, 2018 - 2021, USD Million
TABLE 58 Russia Hearing Loss Disease Treatment Market by End-user, 2022 - 2028, USD Million
TABLE 59 Spain Hearing Loss Disease Treatment Market, 2018 - 2021, USD Million
TABLE 60 Spain Hearing Loss Disease Treatment Market, 2022 - 2028, USD Million
TABLE 61 Spain Hearing Loss Disease Treatment Market by Disease Type, 2018 - 2021, USD Million
TABLE 62 Spain Hearing Loss Disease Treatment Market by Disease Type, 2022 - 2028, USD Million
TABLE 63 Spain Hearing Loss Disease Treatment Market by Product, 2018 - 2021, USD Million
TABLE 64 Spain Hearing Loss Disease Treatment Market by Product, 2022 - 2028, USD Million
TABLE 65 Spain Hearing Loss Disease Treatment Market by End-user, 2018 - 2021, USD Million
TABLE 66 Spain Hearing Loss Disease Treatment Market by End-user, 2022 - 2028, USD Million
TABLE 67 Italy Hearing Loss Disease Treatment Market, 2018 - 2021, USD Million
TABLE 68 Italy Hearing Loss Disease Treatment Market, 2022 - 2028, USD Million
TABLE 69 Italy Hearing Loss Disease Treatment Market by Disease Type, 2018 - 2021, USD Million
TABLE 70 Italy Hearing Loss Disease Treatment Market by Disease Type, 2022 - 2028, USD Million
TABLE 71 Italy Hearing Loss Disease Treatment Market by Product, 2018 - 2021, USD Million
TABLE 72 Italy Hearing Loss Disease Treatment Market by Product, 2022 - 2028, USD Million
TABLE 73 Italy Hearing Loss Disease Treatment Market by End-user, 2018 - 2021, USD Million
TABLE 74 Italy Hearing Loss Disease Treatment Market by End-user, 2022 - 2028, USD Million
TABLE 75 Rest of Europe Hearing Loss Disease Treatment Market, 2018 - 2021, USD Million
TABLE 76 Rest of Europe Hearing Loss Disease Treatment Market, 2022 - 2028, USD Million
TABLE 77 Rest of Europe Hearing Loss Disease Treatment Market by Disease Type, 2018 - 2021, USD Million
TABLE 78 Rest of Europe Hearing Loss Disease Treatment Market by Disease Type, 2022 - 2028, USD Million
TABLE 79 Rest of Europe Hearing Loss Disease Treatment Market by Product, 2018 - 2021, USD Million
TABLE 80 Rest of Europe Hearing Loss Disease Treatment Market by Product, 2022 - 2028, USD Million
TABLE 81 Rest of Europe Hearing Loss Disease Treatment Market by End-user, 2018 - 2021, USD Million
TABLE 82 Rest of Europe Hearing Loss Disease Treatment Market by End-user, 2022 - 2028, USD Million
TABLE 83 Key Information – Novartis AG
TABLE 84 key information – Astellas Pharma, Inc.
TABLE 85 Key Information – WS Audiology A/S
TABLE 86 Key Information – Otonomy, Inc.
TABLE 87 Key Information – Sensorion
TABLE 88 Key Information – Frequency Therapeutics, INc.
TABLE 89 Key Information – Acousia Therapeutics GmbH
TABLE 90 Key Information – Pipeline Therapeutics, Inc
TABLE 91 Key Information – Audina Hearing Instruments, Inc.
TABLE 92 Key Information – Audifon GmbH & CO. KG
List of Figures
FIG 1 Methodology for the research