Hearing Aid Devices Market to 2018 - Cosmetic and Audiological Advantages of Miniature Behind-the-Ear (BTE) Devices to Drive Market Growth

Introduction

Executive Summary

'Invisible' Hearing Aids are the Future

Hearing aids are set to make big noise in the medical devices market, as innovative new technologies shrink hearing aids to turn up their cosmetic appeal, states a new report by medical devices experts GBI Research.

The new report* states that growing elderly populations, government healthcare initiatives in emerging countries, and a rise in the prevalence of acquired hearing loss is boosting the market for hearing aids. However, stigmas remain associated with the devices, and as a result near-invisible hearing aids offer the greatest cosmetic appeal and are being adopted by patients around the world.

Miniature behind-the-ear (BTE) devices, and other miniature hearing aid devices such as in-the-canal (ITC) and completely-in-the-canal (CIC) are nearly invisible, and are witnessing growing global demand. Companies are investing in R&D for these hearing aids, which are attracting customer attention as they meet the need for better speech intelligibility, improved sound quality and enhanced aesthetics, while also being robust and comfortable. A wide range of deep-fitting, invisible hearing aids offering aesthetic benefits are currently available in the market, including the iMini by Siemens, the Lyric and Phonak nano by Phonak, and the Oticon Intiga by Oticon.

GBI Research noted a positive trend in global BTE device sales, as their value increased from $2.77 billion in 2004 to $4.98 billion in 2011. The BTE hearing aids market represented more than 69% of the global digital signal processing hearing aids market in 2011. Increased demand for BTE devices is encouraged by the improved comfort, long-lasting batteries, and increased ease of wearing and removal. Companies are continuing to introduce additional features and varieties, which are expected to further increase sales.

The global hearing aid devices market was valued at $7.2 billion in 2011 and is forecast to grow to $11.3 billion by 2018 at a Compound Annual Growth Rate (CAGR) of 7%.

Hearing Aid Devices Market to 2018 - Cosmetic and Audiological Advantages of Miniature Behind-the-Ear (BTE) Devices to Drive Market Growth

This report provides key data, information and analysis on the global hearing aid devices market.

This report was built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis conducted by GBI Research's team of industry experts.

Abstract

Hearing Aid Devices Market to 2018 - Cosmetic and Audiological Advantages of Miniature Behind-the-Ear (BTE) Devices to Drive Market Growth

Summary

GBI Research's report, "Hearing Aid Devices Market to 2018 - Cosmetic and Audiological Advantages of Miniature Behind-the-Ear (BTE) Devices to Drive Market Growth" provides key data, information and analysis on the global hearing aid devices market. The report provides market landscape, competitive landscape and market trends information on the two hearing aid segments: analog and digital signal processing hearing aids. Comprehensive information on the key trends affecting these segments is provided, as well key analytical content on the market dynamics. The report also reviews the competitive landscape and gives a detailed analysis of the pipeline products in each segment. Also included are details regarding important merger and acquisition deals that have taken place in the global hearing aid devices market. This report is built using data and information sourced from proprietary databases, primary and secondary research, and in-house analysis by GBI Research's team of industry experts

Scope

• Key market geographies of the US, Canada, the UK, Germany, France, Italy, Spain, Japan, China, India, Australia and Brazil
• Market size data for the two market segments: analog hearing aids and digital signal processing hearing aids
• Annualized market revenues data, forecasts for seven years through to 2018, and company share data for 2011
• Qualitative analysis of key market trends in the hearing aid devices market
• Information on the leading market players, the competitive landscape, and the leading technologies in the market

Reasons to buy

• Develop business strategies by understanding the trends and developments that are driving the hearing aid devices market globally
• Design and develop your product development, marketing and sales strategies
• Exploit M&A opportunities by identifying market players with the most innovative pipelines
• Develop market-entry and market expansion strategies
• Identify key players best positioned to take advantage of the emerging market opportunities
• Exploit in-licensing and out-licensing opportunities by identifying products most likely to ensure a robust return
• What's the next big thing in the hearing aid devices market landscape? - Identify, understand and capitalize
• Make more informed business decisions from the report's insightful and in-depth analysis of the global hearing aid devices market and the factors shaping it

Table of Contents

TOC

1 Table of Contents

1 Table of Contents 6

• 1.1 List of Tables 8
• 1.2 List of Figures 9

2 Introduction 10

3 Hearing Aid Devices - An Overview 11

• 3.1 Types of Hearing Aids 11
• 3.1.1 Analog Hearing Aids 11
• 3.1.2 Digital Hearing Aids 12

4 Global Hearing Aid Devices Market - Market Characterization 13

• 4.1 Global Hearing Aid Devices Market, Revenue ($m), 2004-2011 13
• 4.2 Global Hearing Aid Devices Market, Revenue ($m), 2011-2018 14
• 4.3 Global Hearing Aid Devices Market, Key Company Share (%), 2011 15
• 4.4 Global Hearing Aid Devices Market, Key Market Trends 16
• 4.4.1 Miniaturization of Hearing Aid Devices is a Growing Technology Trend 16
• 4.4.2 Wireless Technology in Hearing Aid Devices to be a Major Technology Trend 19
• 4.4.3 Consolidation for Inorganic Sales Growth Is a Major Trend in the Hearing Aid Devices Industry 20
• 4.5 Global Hearing Aid Devices, Market Dynamics 22
• 4.5.1 Global Hearing Aid Devices, Market Drivers 22
• 4.5.2 Market Restraints 28

5 Global Hearing Aid Devices Market - Category Analysis and Forecasts 30

• 5.1 Digital Signal Processing Hearing Aids Market, Global, Revenue ($m), 2004-2011 30
• 5.2 Digital Signal Processing Hearing Aids Market, Global, Revenue ($m), 2011-2018 32
• 5.3 Analog Hearing Aid Devices Market, Global, Revenue ($m), 2004-2011 33
• 5.4 Analog Hearing Aid Devices Market, Global, Revenue ($m), 2011-2018 34

6 Global Hearing Aid Devices Market - Country Analysis and Forecasts 35

• 6.1 Hearing Aid Devices Market: Cross-Country Analysis 35
• 6.2 Revenue Forecasts, by Country, 2004-2018 36
• 6.2.1 Hearing Aid Devices Market, the US, Revenue ($m), 2004-2011 36
• 6.2.2 Hearing Aid Devices Market, the US, Revenue ($m), 2011-2018 38
• 6.2.3 Hearing Aid Devices Market, Canada, Revenue ($m), 2004-2011 39
• 6.2.4 Hearing Aid Devices Market, Canada, Revenue ($m), 2011-2018 40
• 6.2.5 Hearing Aid Devices Market, the UK, Revenue ($m), 2004-2011 41
• 6.2.6 Hearing Aid Devices Market, the UK, Revenue ($m), 2011-2018 42
• 6.2.7 Hearing Aid Devices Market, Germany, Revenue ($m), 2004-2011 43
• 6.2.8 Hearing Aid Devices Market, Germany, Revenue ($m), 2011-2018 44
• 6.2.9 Hearing Aid Devices Market, France, Revenue ($m), 2004-2011 45
• 6.2.10 Hearing Aid Devices Market, France, Revenue ($m), 2011-2018 46
• 6.2.11 Hearing Aid Devices Market, Italy, Revenue ($m), 2004-2011 47
• 6.2.12 Hearing Aid Devices Market, Italy, Revenue ($m), 2011-2018 48
• 6.2.13 Hearing Aid Devices Market, Spain, Revenue ($m), 2004-2011 49
• 6.2.14 Hearing Aid Devices Market, Spain, Revenue ($m), 2011-2018 50
• 6.2.15 Hearing Aid Devices Market, Japan, Revenue ($m), 2004-2011 51
• 6.2.16 Hearing Aid Devices Market, Japan, Revenue ($m), 2011-2018 52
• 6.2.17 Hearing Aid Devices Market, China, Revenue ($m), 2004-2011 53
• 6.2.18 Hearing Aid Devices Market, China, Revenue ($m), 2011-2018 54
• 6.2.19 Hearing Aid Devices Market, India, Revenue ($m), 2004-2011 55
• 6.2.20 Hearing Aid Devices Market, India, Revenue ($m), 2011-2018 56
• 6.2.21 Hearing Aid Devices Market, Australia, Revenue ($m), 2004-2011 57
• 6.2.22 Hearing Aid Devices Market, Australia, Revenue ($m), 2011-2018 58
• 6.2.23 Hearing Aid Devices Market, Brazil, Revenue ($m), 2004-2011 59
• 6.2.24 Hearing Aid Devices Market, Brazil, Revenue ($m), 2011-2018 60

7 Global Hearing Aid Devices Market - Key Market Participants 61

• 7.1 William Demant Holding 61
• 7.1.1 Marketed Products 61
• 7.2 Sonova Holding 61
• 7.2.1 Marketed products 61
• 7.3 Widex 61
• 7.3.1 Marketed products 61
• 7.4 Siemens Healthcare 62
• 7.4.1 Marketed Products 62
• 7.5 Starkey Hearing Technologies 62
• 7.5.1 Marketed products 62
• 7.6 GN ReSound 62
• 7.6.1 Marketed products 62

8 Global Hearing Aid Devices Market - Product Pipeline Analysis 63

• 8.1 Hearing Aid Devices Market: Pipeline Product Summary 63
• 8.2 Hearing Aid Devices Market: List of Pipeline Products 63
• 8.3 Hearing Aid Devices: Profiles of Key Pipeline Products 64
• 8.3.1 Tooth Phone Auditory Device 64
• 8.3.2 ClearVoice - Pediatric Use 64
• 8.3.3 Auditory Training System 65
• 8.3.4 EarLens Photonic Hearing System 65
• 8.3.5 Hearing Enhancement Device 66
• 8.3.6 Situational Listening Device 66
• 8.3.7 Next Generation Neptune Sound Processor 67
• 8.3.8 Next Generation Chip Platform for Hearing Instrument 67

9 Global Hearing Aid Devices Market - Consolidation Landscape 68

• 9.1 Hearing Aid Devices Market: Deals by Volume, 2008 -2011 68
• 9.2 Hearing Aid Devices Market: Key Deals, 2008-2011 69
• 9.2.1 Audiology Distribution's Acquisition of HearUSA for $71 Million 69
• 9.2.2 William Demant's Acquisition of Otix Global 69
• 9.2.3 Sonova Holding's Acquisition of InSound Medical 69
• 9.2.4 Derwood S. Chase's Acquisition of Zounds 70
• 9.2.5 Trivaris' Acquisition of VitaSound from Sonomax Hearing 70
• 9.2.6 Technitrol's Acquisition of Sonion 70

10 Appendix 71

• 10.1 Definitions 71
• 10.1.1 Hearing Aid Devices 71
• 10.1.2 Analog Hearing Devices 71
• 10.1.3 Digital Signal Processing Hearing Aids 71
• 10.1.4 Behind the Ear (BTE) 71
• 10.1.5 Completely in the Canal (CIC) 71
• 10.1.6 In the Canal (ITC) 71
• 10.1.7 In the Ear (ITE) 71
• 10.2 Acronyms 71
• 10.3 Sources 72
• 10.4 Research Methodology 73
• 10.4.1 Secondary Research 73
• 10.4.2 Primary Research 73
• 10.4.3 Models 74
• 10.4.4 Forecasts 74
• 10.4.5 Expert Panels 74
• 10.5 Contact Us 74
• 10.6 Disclaimer 75

List of Tables

1.1 List of Tables

• Table 1: Hearing Aid Devices Market, Global, Revenue ($m), 2004-2011 13
• Table 2: Hearing Aid Devices Market, Global, Revenue ($m), 2011-2018 14
• Table 3: Hearing Aid Devices Market, Global, Key Company Revenue ($m), 2011 15
• Table 4: Hearing Aids, Small-Sized Products - List One 17
• Table 5: Hearing Aids, Small-sized Products - List Two 18
• Table 6: Major M&A Deals, Hearing Aid Devices, 2006-2011 20
• Table 7: Major Acquisitions 21
• Table 8: Breakdown of Global Digital Sales by Hearing Aid Style, Units Sold, 2011 23
• Table 9: List of Advanced Hearing Aids 25
• Table 10: Digital Signal Processing Hearing Aids Market, Global, Revenue ($m), 2004-2011 31
• Table 11: Digital Signal Processing Hearing Aids Market, Global, Revenue ($m), 2011-2018 32
• Table 12: Analog Hearing Aid Devices Market, Global, Revenue ($m), 2004-2011 33
• Table 13: Analog Hearing Aid Devices Market, Global, Revenue ($m), 2011-2018 34
• Table 14: Hearing Aid Devices Market, Global, Cross-Country Analysis, CAGR (%), 2004-2018 35
• Table 15: Hearing Aid Devices Market, the US, Revenue ($m), 2004-2011 37
• Table 16: Hearing Aid Devices Market, the US, Revenue ($m), 2011-2018 38
• Table 17: Hearing Aid Devices Market, Canada, Revenue ($m), 2004-2011 39
• Table 18: Hearing Aid Devices Market, Canada, Revenue ($m), 2011-2018 40
• Table 19: Hearing Aid Devices Market, the UK, Revenue ($m), 2004-2011 41
• Table 20: Hearing Aid Devices Market, the UK, Revenue ($m), 2011-2018 42
• Table 21: Hearing Aid Devices Market, Germany, Revenue ($m), 2004-2011 43
• Table 22: Hearing Aid Devices Market, Germany, Revenue ($m), 2011-2018 44
• Table 23: Hearing Aid Devices Market, France, Revenue ($m), 2004-2011 45
• Table 24: Hearing Aid Devices Market, France, Revenue ($m), 2011-2018 46
• Table 25: Hearing Aid Devices Market, Italy, Revenue ($m), 2004-2011 47
• Table 26: Hearing Aid Devices Market, Italy, Revenue ($m), 2011-2018 48
• Table 27: Hearing Aid Devices Market, Spain, Revenue ($m), 2004-2011 49
• Table 28: Hearing Aid Devices Market, Spain, Revenue ($m), 2011-2018 50
• Table 29: Hearing Aid Devices Market, Japan, Revenue ($m), 2004-2011 51
• Table 30: Hearing Aid Devices Market, Japan, Revenue ($m), 2011-2018 52
• Table 31: Hearing Aid Devices Market, China, Revenue ($m), 2004-2011 53
• Table 32: Hearing Aid Devices Market, China, Revenue ($m), 2011-2018 54
• Table 33: Hearing Aid Devices Market, India, Revenue ($m), 2004-2011 55
• Table 34: Hearing Aid Devices Market, India, Revenue ($m), 2011-2018 56
• Table 35: Hearing Aid Devices Market, Australia, Revenue ($m), 2004-2011 57
• Table 36: Hearing Aid Devices Market, Australia, Revenue ($m), 2011-2018 58
• Table 37: Hearing Aid Devices Market, Brazil, Revenue ($m), 2004-2011 59
• Table 38: Hearing Aid Devices Market, Brazil, Revenue ($m), 2011-2018 60
• Table 39: Hearing Aid Market, Global, Pipeline Products Analysis, 2012 63
• Table 40: Tooth Phone Auditory Device, Product Status, 2012 64
• Table 41: ClearVoice - Pediatric Use, Product Status, 2012 64
• Table 42: Auditory Training System, Product Status, 2012 65
• Table 43: EarLens Photonic Hearing System, Product Status, 2012 65
• Table 44: Hearing Enhancement Device, Product Status, 2012 66
• Table 45: Situational Listening Device, Product Status, 2012 66
• Table 46: Next Generation Neptune Sound Processor, Product Status, 2012 67
• Table 47: Next Generation Chip Platform For Hearing Instrument, Product Status, 2012 67
• Table 48: Hearing Aid Devices Market, Mergers and Acquisitions, Number of Deals, Global, 2008-2011 68

List of Figures

1.2 List of Figures

• Figure 1: Difference between Analog and Digital Hearing Aids 11
• Figure 2: Hearing Aid Devices Market, Global, Revenue ($m), 2004-2011 13
• Figure 3: Hearing Aid Devices Market, Global, Revenue ($m), 2011-2018 14
• Figure 4: Hearing Aid Devices Market, Global, Key Company Shares (%), 2011 15
• Figure 5: Breakdown of Global Digital Sales by Hearing Aid Type, Percentage (%), 2011 22
• Figure 6: Increase in Percentage of Elderly Population, Global, 2010-2050 26
• Figure 7: Adoption Rate of Hearing Aid Devices by Age, Germany, France, the UK and the US, 2009 27
• Figure 8: Hearing Aid Devices, Factors Affecting Adoption Rate 29
• Figure 9: Hearing Aid Devices Market, Market Categorization and Segmentation 30
• Figure 10: Digital Signal Processing Hearing Aids Market, Global, Revenue ($m), 2004-2011 30
• Figure 11: Digital Signal Processing Hearing Aids Market, Global, Revenue ($m), 2011-2018 32
• Figure 12: Analog Hearing Aid Devices Market, Global, Revenue ($m), 2004-2011 33
• Figure 13: Analog Hearing Aid Devices Market, Global, Revenue ($m), 2011-2018 34
• Figure 14: Hearing Aid Devices Market, Global, Cross-Country Analysis, CAGR (%), 2004-2018 35
• Figure 15: Hearing Aid Devices Market, the US, Revenue ($m), 2004-2011 36
• Figure 16: Hearing Aid Devices Market, the US, Revenue ($m), 2011-2018 38
• Figure 17: Hearing Aid Devices Market, Canada, Revenue ($m), 2004-2011 39
• Figure 18: Hearing Aid Devices Market, Canada, Revenue ($m), 2011-2018 40
• Figure 19: Hearing Aid Devices Market, the UK, Revenue ($m), 2004-2011 41
• Figure 20: Hearing Aid Devices Market, the UK, Revenue ($m), 2011-2018 42
• Figure 21: Hearing Aid Devices Market, Germany, Revenue ($m), 2004-2011 43
• Figure 22: Hearing Aid Devices Market, Germany, Revenue ($m), 2011-2018 44
• Figure 23: Hearing Aid Devices Market, France, Revenue ($m), 2004-2011 45
• Figure 24: Hearing Aid Devices Market, France, Revenue ($m), 2011-2018 46
• Figure 25: Hearing Aid Devices Market, Italy, Revenue ($m), 2004-2011 47
• Figure 26: Hearing Aid Devices Market, Italy, Revenue ($m), 2011-2018 48
• Figure 27: Hearing Aid Devices Market, Spain, Revenue ($m), 2004-2011 49
• Figure 28: Hearing Aid Devices Market, Spain, Revenue ($m), 2011-2018 50
• Figure 29: Hearing Aid Devices Market, Japan, Revenue ($m), 2004-2011 51
• Figure 30: Hearing Aid Devices Market, Japan, Revenue ($m), 2011-2018 52
• Figure 31: Hearing Aid Devices Market, China, Revenue ($m), 2004-2011 53
• Figure 32: Hearing Aid Devices Market, China, Revenue ($m), 2011-2018 54
• Figure 33: Hearing Aid Devices Market, India, Revenue ($m), 2004-2011 55
• Figure 34: Hearing Aid Devices Market, India, Revenue ($m), 2011-2018 56
• Figure 35: Hearing Aid Devices Market, Australia, Revenue ($m), 2004-2011 57
• Figure 36: Hearing Aid Devices Market, Australia, Revenue ($m), 2011-2018 58
• Figure 37: Hearing Aid Devices Market, Brazil, Revenue ($m), 2004-2011 59
• Figure 38: Hearing Aid Devices Market, Brazil, Revenue ($m), 2011-2018 60
• Figure 39: Hearing Aid Devices Market, Pipeline Assessment, by Development Stage 63
• Figure 40: Hearing Aid Devices Market, Mergers and Acquisitions, Number of Deals, Global, 2008-2011 68

Hearing Aid Devices Market to 2018 - Cosmetic and Audiological Advantages of Miniature Behind-the-Ear (BTE) Devices to Drive Market Growth published by GBI Research in September 30, 2012. This report consists of Pages: 75 and the price starts from US $ 3500.

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