Market Overview:
The global audiometric testing equipment market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of hearing loss, rising awareness about early diagnosis and treatment of hearing loss, and technological advancements in audiometric testing equipment. The global audiometric testing equipment market can be segmented on the basis of type into screening audiometry and diagnostic audiometry. On the basis of application, the market can be segmented into hospitals and specialty clinics. Geographically, the global Audiometric Testing Equipment Market is segmented into North America, Latin America, Europe, Asia Pacific and Middle East & Africa.
Product Definition:
Audiometric testing equipment is used to measure a person's hearing. The equipment can be used to test different frequencies of sound and measure the intensity of sound that a person can hear. Audiometric testing is important because it can help identify hearing loss and help people get the treatment they need.
Screening Audiometry:
The global increase in prevalence of hearing disorders and the introduction of technologically advanced devices are factors expected to drive the screening audiometry, it's usage and growth factor in Audiometric Testing Equipment market during the forecast period. According to data published by The National Institute on Deafness & Other Communication Disorders (NIDCD), approximately 35 million Americans aged 18 years or older were reported to be suffering from some form of hearing impairment or deafness as of 2014.
Diagnostic Audiometry:
Diagnostic Audiometry is a medical procedure, which involves the testing of a patient's hearing ability. It is used to detect and measure any impairment in the ear, brain or nerve that enables the healthcare professional to determine if treatment is required.
The diagnostic audiometry market has been witnessing significant growth over recent years owing to increasing prevalence of hearing disorders coupled with rising awareness among people regarding early diagnosis and effective treatment methods for these diseases.
Application Insights:
Based on the application, the market is segmented into hospitals, specialty clinics and others. Hospitals held the largest share in 2017 owing to rising prevalence of hearing loss and growing awareness about Audiometric Testing among audiologists. Moreover, increasing investments by governments in Audiometry testing infrastructure at hospitals will boost product demand over the forecast period.
Specialty clinics are expected to witness lucrative growth over the forecast period due to high adoption of screening audiometry for newborns followed by diagnostic audiometry for children followed by adults. Growing preference for aural health programs that include Audiometric Testing as a component is also fueling segment growth. For instance, through its ¢â‚¬Å“Hearing Health America Program¢â‚¬ initiative launched in 2015, Healthcare providers throughout U.S.
Regional Analysis:
Europe dominated the global market in 2017 owing to the presence of well-established healthcare infrastructure and high awareness among audiologists regarding audiology screening devices. In addition, increasing prevalence of hearing impairment is anticipated to drive regional growth over the forecast period. According to a study published by National Institute on Deafness and Other Communication Disorders (NIDCD), about 40 million Americans have some form of hearing loss.
Asia Pacific region is expected to witness lucrative growth during the forecast period due as rising disposable income leading towards improved accessibility for people with disabilities such as deafness or hard of hearing.
Growth Factors:
- Increasing prevalence of hearing loss: The global prevalence of hearing loss is increasing with the increase in the aging population. This is expected to drive the demand for audiometric testing equipment in the coming years.
- Growing awareness about audiometric testing: There is a growing awareness among people about the importance of early diagnosis and treatment of hearing loss. This is expected to boost demand for audiometric testing equipment in the coming years.
- Technological advancements: The development of new and innovative technologies has led to introduction of advanced Audiometric Testing Equipment that are more accurate and efficient than traditional equipment’s used for diagnosing hearing impairment .This is likely to fuel growth prospects for this market during forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Audiometric Testing Equipment Market Research Report
By Type
Screening Audiometry, Diagnostic Audiometry
By Application
Hospitals, Specialty Clinics
By Companies
MAICO, RION, Auditdata, Grason-Stadler, 3M, Demant, Otometrics, Hill-Rom, Benson Medical Instruments, Lisound Hearing Aid
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
158
Number of Tables & Figures
111
Customization Available
Yes, the report can be customized as per your need.
Global Audiometric Testing Equipment Market Report Segments:
The global Audiometric Testing Equipment market is segmented on the basis of:
Types
Screening Audiometry, Diagnostic Audiometry
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Specialty Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- MAICO
- RION
- Auditdata
- Grason-Stadler
- 3M
- Demant
- Otometrics
- Hill-Rom
- Benson Medical Instruments
- Lisound Hearing Aid
Highlights of The Audiometric Testing Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Screening Audiometry
- Diagnostic Audiometry
- By Application:
- Hospitals
- Specialty Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Audiometric Testing Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Audiometric testing equipment is used to measure the hearing ability of individuals. This equipment can be used to test both pure-tone and speech audiometry.
Some of the major companies in the audiometric testing equipment market are MAICO, RION, Auditdata, Grason-Stadler, 3M, Demant, Otometrics, Hill-Rom, Benson Medical Instruments, Lisound Hearing Aid.
The audiometric testing equipment market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Audiometric Testing Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Audiometric Testing Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Audiometric Testing Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Audiometric Testing Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Audiometric Testing Equipment Market Size & Forecast, 2018-2028
4.5.1 Audiometric Testing Equipment Market Size and Y-o-Y Growth
4.5.2 Audiometric Testing Equipment Market Absolute $ Opportunity
Chapter 5 Global Audiometric Testing Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Audiometric Testing Equipment Market Size Forecast by Type
5.2.1 Screening Audiometry
5.2.2 Diagnostic Audiometry
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Audiometric Testing Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Audiometric Testing Equipment Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Specialty Clinics
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Audiometric Testing Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Audiometric Testing Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Audiometric Testing Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Audiometric Testing Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Audiometric Testing Equipment Market Size Forecast by Type
9.6.1 Screening Audiometry
9.6.2 Diagnostic Audiometry
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Audiometric Testing Equipment Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Specialty Clinics
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Audiometric Testing Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Audiometric Testing Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Audiometric Testing Equipment Market Size Forecast by Type
10.6.1 Screening Audiometry
10.6.2 Diagnostic Audiometry
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Audiometric Testing Equipment Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Specialty Clinics
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Audiometric Testing Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Audiometric Testing Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Audiometric Testing Equipment Market Size Forecast by Type
11.6.1 Screening Audiometry
11.6.2 Diagnostic Audiometry
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Audiometric Testing Equipment Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Specialty Clinics
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Audiometric Testing Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Audiometric Testing Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Audiometric Testing Equipment Market Size Forecast by Type
12.6.1 Screening Audiometry
12.6.2 Diagnostic Audiometry
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Audiometric Testing Equipment Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Specialty Clinics
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Audiometric Testing Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Audiometric Testing Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Audiometric Testing Equipment Market Size Forecast by Type
13.6.1 Screening Audiometry
13.6.2 Diagnostic Audiometry
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Audiometric Testing Equipment Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Specialty Clinics
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Audiometric Testing Equipment Market: Competitive Dashboard
14.2 Global Audiometric Testing Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MAICO
14.3.2 RION
14.3.3 Auditdata
14.3.4 Grason-Stadler
14.3.5 3M
14.3.6 Demant
14.3.7 Otometrics
14.3.8 Hill-Rom
14.3.9 Benson Medical Instruments
14.3.10 Lisound Hearing Aid
