The North America Audiology Devices Market would witness market growth of 5.6% CAGR during the forecast period (2022-2028).
Nowadays, the majority of hearing healthcare professionals sell digital hearing aids. Digital hearing aids transform sound waves into numerical codes, whereas analog devices transform sound waves into electrical impulses. The pitch or volume of the sound is connected to the code. Because digital circuitry is more adaptable to work with, devices can often be adapted more precisely and easily to a patient's specific needs due to hearing loss.
Digital hearing aids can also be set up to prioritize sounds coming from a particular angle. All types of hearing aids can also have digital circuitry fitted, although the advantages it has over analog technology would probably increase the cost. When hearing aids are no longer helpful for someone with severe hearing loss, cochlear implants can help them hear better. Their quality of life and ability to communicate can be enhanced through cochlear implants. Both ears (bilateral) and one ear (unilateral) can receive cochlear implants.
The market player across the region are estimated to witness several major growth prospects in the coming years due to various factors. The expansion of audiology models, an increase in the number of audiologists, as well as the introduction of creative computerized platforms by current providers, can all be attributed to the growth of the audiology market in the United States. In addition, the introduction of consumer-driven audiology models that utilize straightforward goods is stimulating industry growth. Moreover, due to the presence of the majority of significant players and the rapid advancement of audiology technology in the region, North America is one of the market leaders for audiology devices.
The US market dominated the North America Audiology Devices Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $3,944.7 million by 2028. The Canada market is poised to grow at a CAGR of 8% during (2022 - 2028). Additionally, The Mexico market would witness a CAGR of 7.1% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Audiology Devices Market is Estimated 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
By Product
- Hearing Aids
- Behind-the-ear (BTE)
- In-the-ear (ITE) & Others
- Cochlear Implants
- Diagnostic Devices
- BAHA/BAHS
By Distribution Channel
By End User
- Hospitals & Clinics
- Ambulatory Surgical Centers
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Audiology Devices Market, by Technology
1.4.2 North America Audiology Devices Market, by Product
1.4.3 North America Audiology Devices Market, by Distribution Channel
1.4.4 North America Audiology Devices Market, by End User
1.4.5 North America Audiology Devices 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 Geographical Expansions
3.2.5 Approvals and Trails
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. North America Audiology Devices Market by Technology
4.1 North America Digital Market by Country
4.2 North America Analog Market by Country
Chapter 5. North America Audiology Devices Market by Product
5.1 North America Hearing Aids Market by Country
5.2 North America Audiology Devices Market by Hearing Aids Type
5.2.1 North America Behind-the-ear (BTE) Market by Country
5.2.2 North America In-the-ear (ITE) & Others Market by Country
5.3 North America Cochlear Implants Market by Country
5.4 North America Diagnostic Devices Market by Country
5.5 North America BAHA/BAHS Market by Country
Chapter 6. North America Audiology Devices Market by Distribution Channel
6.1 North America Offline Market by Country
6.2 North America Online Market by Country
Chapter 7. North America Audiology Devices Market by End User
7.1 North America Hospitals & Clinics Market by Country
7.2 North America Ambulatory Surgical Centers Market by Country
7.3 North America Others Market by Country
Chapter 8. North America Audiology Devices Market by Country
8.1 US Audiology Devices Market
8.1.1 US Audiology Devices Market by Technology
8.1.2 US Audiology Devices Market by Product
8.1.2.1 US Audiology Devices Market by Hearing Aids Type
8.1.3 US Audiology Devices Market by Distribution Channel
8.1.4 US Audiology Devices Market by End User
8.2 Canada Audiology Devices Market
8.2.1 Canada Audiology Devices Market by Technology
8.2.2 Canada Audiology Devices Market by Product
8.2.2.1 Canada Audiology Devices Market by Hearing Aids Type
8.2.3 Canada Audiology Devices Market by Distribution Channel
8.2.4 Canada Audiology Devices Market by End User
8.3 Mexico Audiology Devices Market
8.3.1 Mexico Audiology Devices Market by Technology
8.3.2 Mexico Audiology Devices Market by Product
8.3.2.1 Mexico Audiology Devices Market by Hearing Aids Type
8.3.3 Mexico Audiology Devices Market by Distribution Channel
8.3.4 Mexico Audiology Devices Market by End User
8.4 Rest of North America Audiology Devices Market
8.4.1 Rest of North America Audiology Devices Market by Technology
8.4.2 Rest of North America Audiology Devices Market by Product
8.4.2.1 Rest of North America Audiology Devices Market by Hearing Aids Type
8.4.3 Rest of North America Audiology Devices Market by Distribution Channel
8.4.4 Rest of North America Audiology Devices Market by End User
Chapter 9. Company Profiles
9.1 Siemens AG
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expense
9.1.5 SWOT Analysis
9.2 Medtronic PLC
9.2.1 Company overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 William Demant Holding A/S
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Segmental and Regional Analysis
9.3.4 Research & Development Expense
9.3.5 Recent strategies and developments:
9.3.5.1 Partnerships, Collaborations, and Agreements:
9.3.5.2 Product Launches and Product Expansions:
9.3.5.3 Acquisition and Mergers:
9.4 GN Store Nord A/S (GN Hearing A/S)
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Recent strategies and developments:
9.4.4.1 Partnerships, Collaborations, and Agreements:
9.4.4.2 Product Launches and Product Expansions:
9.5 Sonova Holding AG
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expense
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.5.5.2 Acquisition and Mergers:
9.5.5.3 Approvals and Trails:
9.6 WS Audiology A/S
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Regional Analysis
9.6.4 Research & Development Expenses
9.7 Natus Medical Incorporated (Archimed SAS)
9.7.1 Company Overview
9.7.2 Financial Analysis
9.7.3 Regional & Segmental Analysis
9.7.4 Research & Development Expenses
9.8 MED-EL GmbH
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Product Launches and Product Expansions:
9.8.2.2 Approvals and Trails:
9.9 Starkey Laboratories, Inc.
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Product Launches and Product Expansions:
9.9.2.2 Geographical Expansions:
9.10. Benson Medical Instruments
9.10.1 Company Overview
TABLE 1 North America Audiology Devices Market, 2018 - 2021, USD Million
TABLE 2 North America Audiology Devices Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Audiology Devices Market
TABLE 4 Product Launches And Product Expansions– Audiology Devices Market
TABLE 5 Acquisition and Mergers– Audiology Devices Market
TABLE 6 Geographical Expansions– Audiology Devices Market
TABLE 7 approvals and trails– Audiology Devices Market
TABLE 8 North America Audiology Devices Market by Technology, 2018 - 2021, USD Million
TABLE 9 North America Audiology Devices Market by Technology, 2022 - 2028, USD Million
TABLE 10 North America Digital Market by Country, 2018 - 2021, USD Million
TABLE 11 North America Digital Market by Country, 2022 - 2028, USD Million
TABLE 12 North America Analog Market by Country, 2018 - 2021, USD Million
TABLE 13 North America Analog Market by Country, 2022 - 2028, USD Million
TABLE 14 North America Audiology Devices Market by Product, 2018 - 2021, USD Million
TABLE 15 North America Audiology Devices Market by Product, 2022 - 2028, USD Million
TABLE 16 North America Hearing Aids Market by Country, 2018 - 2021, USD Million
TABLE 17 North America Hearing Aids Market by Country, 2022 - 2028, USD Million
TABLE 18 North America Audiology Devices Market by Hearing Aids Type, 2018 - 2021, USD Million
TABLE 19 North America Audiology Devices Market by Hearing Aids Type, 2022 - 2028, USD Million
TABLE 20 North America Behind-the-ear (BTE) Market by Country, 2018 - 2021, USD Million
TABLE 21 North America Behind-the-ear (BTE) Market by Country, 2022 - 2028, USD Million
TABLE 22 North America In-the-ear (ITE) & Others Market by Country, 2018 - 2021, USD Million
TABLE 23 North America In-the-ear (ITE) & Others Market by Country, 2022 - 2028, USD Million
TABLE 24 North America Cochlear Implants Market by Country, 2018 - 2021, USD Million
TABLE 25 North America Cochlear Implants Market by Country, 2022 - 2028, USD Million
TABLE 26 North America Diagnostic Devices Market by Country, 2018 - 2021, USD Million
TABLE 27 North America Diagnostic Devices Market by Country, 2022 - 2028, USD Million
TABLE 28 North America BAHA/BAHS Market by Country, 2018 - 2021, USD Million
TABLE 29 North America BAHA/BAHS Market by Country, 2022 - 2028, USD Million
TABLE 30 North America Audiology Devices Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 31 North America Audiology Devices Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 32 North America Offline Market by Country, 2018 - 2021, USD Million
TABLE 33 North America Offline Market by Country, 2022 - 2028, USD Million
TABLE 34 North America Online Market by Country, 2018 - 2021, USD Million
TABLE 35 North America Online Market by Country, 2022 - 2028, USD Million
TABLE 36 North America Audiology Devices Market by End User, 2018 - 2021, USD Million
TABLE 37 North America Audiology Devices Market by End User, 2022 - 2028, USD Million
TABLE 38 North America Hospitals & Clinics Market by Country, 2018 - 2021, USD Million
TABLE 39 North America Hospitals & Clinics Market by Country, 2022 - 2028, USD Million
TABLE 40 North America Ambulatory Surgical Centers Market by Country, 2018 - 2021, USD Million
TABLE 41 North America Ambulatory Surgical Centers Market by Country, 2022 - 2028, USD Million
TABLE 42 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 43 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 44 North America Audiology Devices Market by Country, 2018 - 2021, USD Million
TABLE 45 North America Audiology Devices Market by Country, 2022 - 2028, USD Million
TABLE 46 US Audiology Devices Market, 2018 - 2021, USD Million
TABLE 47 US Audiology Devices Market, 2022 - 2028, USD Million
TABLE 48 US Audiology Devices Market by Technology, 2018 - 2021, USD Million
TABLE 49 US Audiology Devices Market by Technology, 2022 - 2028, USD Million
TABLE 50 US Audiology Devices Market by Product, 2018 - 2021, USD Million
TABLE 51 US Audiology Devices Market by Product, 2022 - 2028, USD Million
TABLE 52 US Audiology Devices Market by Hearing Aids Type, 2018 - 2021, USD Million
TABLE 53 US Audiology Devices Market by Hearing Aids Type, 2022 - 2028, USD Million
TABLE 54 US Audiology Devices Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 55 US Audiology Devices Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 56 US Audiology Devices Market by End User, 2018 - 2021, USD Million
TABLE 57 US Audiology Devices Market by End User, 2022 - 2028, USD Million
TABLE 58 Canada Audiology Devices Market, 2018 - 2021, USD Million
TABLE 59 Canada Audiology Devices Market, 2022 - 2028, USD Million
TABLE 60 Canada Audiology Devices Market by Technology, 2018 - 2021, USD Million
TABLE 61 Canada Audiology Devices Market by Technology, 2022 - 2028, USD Million
TABLE 62 Canada Audiology Devices Market by Product, 2018 - 2021, USD Million
TABLE 63 Canada Audiology Devices Market by Product, 2022 - 2028, USD Million
TABLE 64 Canada Audiology Devices Market by Hearing Aids Type, 2018 - 2021, USD Million
TABLE 65 Canada Audiology Devices Market by Hearing Aids Type, 2022 - 2028, USD Million
TABLE 66 Canada Audiology Devices Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 67 Canada Audiology Devices Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 68 Canada Audiology Devices Market by End User, 2018 - 2021, USD Million
TABLE 69 Canada Audiology Devices Market by End User, 2022 - 2028, USD Million
TABLE 70 Mexico Audiology Devices Market, 2018 - 2021, USD Million
TABLE 71 Mexico Audiology Devices Market, 2022 - 2028, USD Million
TABLE 72 Mexico Audiology Devices Market by Technology, 2018 - 2021, USD Million
TABLE 73 Mexico Audiology Devices Market by Technology, 2022 - 2028, USD Million
TABLE 74 Mexico Audiology Devices Market by Product, 2018 - 2021, USD Million
TABLE 75 Mexico Audiology Devices Market by Product, 2022 - 2028, USD Million
TABLE 76 Mexico Audiology Devices Market by Hearing Aids Type, 2018 - 2021, USD Million
TABLE 77 Mexico Audiology Devices Market by Hearing Aids Type, 2022 - 2028, USD Million
TABLE 78 Mexico Audiology Devices Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 79 Mexico Audiology Devices Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 80 Mexico Audiology Devices Market by End User, 2018 - 2021, USD Million
TABLE 81 Mexico Audiology Devices Market by End User, 2022 - 2028, USD Million
TABLE 82 Rest of North America Audiology Devices Market, 2018 - 2021, USD Million
TABLE 83 Rest of North America Audiology Devices Market, 2022 - 2028, USD Million
TABLE 84 Rest of North America Audiology Devices Market by Technology, 2018 - 2021, USD Million
TABLE 85 Rest of North America Audiology Devices Market by Technology, 2022 - 2028, USD Million
TABLE 86 Rest of North America Audiology Devices Market by Product, 2018 - 2021, USD Million
TABLE 87 Rest of North America Audiology Devices Market by Product, 2022 - 2028, USD Million
TABLE 88 Rest of North America Audiology Devices Market by Hearing Aids Type, 2018 - 2021, USD Million
TABLE 89 Rest of North America Audiology Devices Market by Hearing Aids Type, 2022 - 2028, USD Million
TABLE 90 Rest of North America Audiology Devices Market by Distribution Channel, 2018 - 2021, USD Million
TABLE 91 Rest of North America Audiology Devices Market by Distribution Channel, 2022 - 2028, USD Million
TABLE 92 Rest of North America Audiology Devices Market by End User, 2018 - 2021, USD Million
TABLE 93 Rest of North America Audiology Devices Market by End User, 2022 - 2028, USD Million
TABLE 94 Key Information – Siemens AG
TABLE 95 Key Information – Medtronic PLC
TABLE 96 key Information – William Demant Holding A/S
TABLE 97 key Information – GN Store Nord A/S
TABLE 98 key Information – Sonova Holding AG
TABLE 99 Key Information – WS Audiology A/S
TABLE 100 Key Information – Natus Medical Incorporated
TABLE 101 Key Information – MED-EL GmbH
TABLE 102 Key information – Starkey Laboratories, Inc.
TABLE 103 Key Information – Benson Medical Instruments
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Swot analysis: Siemens AG
FIG 5 Swot analysis: Medtronic plc
FIG 6 Recent strategies and developments: William Demant Holding A/S
FIG 7 Recent strategies and developments: GN Store Nord A/S
FIG 8 Recent strategies and developments: Sonova Holding AG
FIG 9 Recent strategies and developments: MED-EL GmbH
FIG 10 Recent strategies and developments: Starkey laboratories, Inc.