LAMEA Audiology Devices Market Size, Projection by 2022-2028

LAMEA Audiology Devices Market Size, Share & Industry Trends Analysis Report By Technology (Digital and Analog), By Product, By Hearing Aids Type, By Distribution Channel, By End User, By Country and Growth Forecast, 2022 - 2028

Published Date: July-2022 | Number of Pages: 116 | Format: PDF | Report ID: KBV-19013

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Market Report Description

The Latin America, Middle East and Africa Audiology Devices Market would witness market growth of 8.9% CAGR during the forecast period (2022-2028).

A behind-the-ear hearing aid with a thin tube, a receiver-in-the-canal hearing aid, or a receiver-in-the-ear cochlear with an open dome in the ear is all examples of open-fit hearing aids. This design maintains a fairly wide ear canal, allowing low-frequency sounds to naturally enter the ear and high-frequency sounds to be amplified by the hearing aid. Because of this, the design is suitable for those who have mild to moderate high-frequency hearing loss in addition to better low-frequency hearing.

Hearing aids come in a wide range of prices, sizes, features, and insertion techniques. There are several typical hearing aid designs across the market, starting with the tiniest and least noticeable in the ear. To satisfy consumer demand for a hearing aid that is barely visible, hearing aid manufacturers are creating smaller hearing aids. Adults with mild to severe hearing loss benefit from it.

The common understanding of hearing impairment is inadequate in many African countries, and the lack of resources has prevented the development of screening programs. In its 2021 World Report on Hearing, the WHO predicts that 136 million people in the WHO Region of Africa have some hearing impairment and that 39.9 million, or 3.6%, have a moderate or higher grade. Africa will have 332 million people with hearing loss by the year 2050. Due to variations in methodology and standards, studies on hearing loss conducted in various nations may not always allow for fair comparisons. The number of participants in each study, the research methods, and variances in generally recognized criteria of hearing loss can all affect results. The articles on these pages give a comprehensive picture of hearing loss prevalence in various nations. The majority of surveys focus on hearing loss in children.

The Brazil market dominated the LAMEA Audiology Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $319.4 million by 2028.The Argentina market is experiencing a CAGR of 9.5% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 8.6% during (2022 - 2028).

Based on Technology, the market is segmented into Digital and Analog. Based on Product, the market is segmented into Hearing Aids, Cochlear Implants, Diagnostic Devices, and BAHA/BAHS. Based on Hearing Aids Type, the market is segmented into Behind-the-ear (BTE) and In-the-ear (ITE) & Others. Based on Distribution Channel, the market is segmented into Offline and Online. Based on End User, the market is segmented into Hospitals & Clinics, Ambulatory Surgical Centers and Others. 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 Audiology Devices Market is Predict to reach $16 Billion by 2028, at a CAGR of 6.2%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Medtronic PLC, William Demant Holding A/S, GN Store Nord A/S, Sonova Holding AG, WS Audiology A/S, Natus Medical Incorporated, MED-EL GmbH, Starkey laboratories, Inc., and Benson Medical Instruments.

Scope of the Study

Market Segments Covered in the Report:

By Technology

  • Digital
  • Analog

By Product

  • Hearing Aids
    • Behind-the-ear (BTE)
    • In-the-ear (ITE) & Others
  • Cochlear Implants
  • Diagnostic Devices
  • BAHA/BAHS

By Distribution Channel

  • Offline
  • Online

By End User

  • Hospitals & Clinics
  • Ambulatory Surgical Centers
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • Siemens AG
  • Medtronic PLC
  • William Demant Holding A/S
  • GN Store Nord A/S
  • Sonova Holding AG
  • WS Audiology A/S
  • Natus Medical Incorporated
  • MED-EL GmbH
  • Starkey laboratories, Inc.
  • Benson Medical Instruments

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Related Reports:

Global Audiology Devices Market Report 2022-2028

North America Audiology Devices Market Report 2022-2028

Asia Pacific Audiology Devices Market Report 2022-2028

Europe Audiology Devices Market Report 2022-2028

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