Market Overview:
The global Bluetooth hearing aids market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of hearing loss, technological advancements in Bluetooth hearing aids, and rising demand for wireless devices. The global Bluetooth hearing aids market is segmented on the basis of type into in-the-ear (ITE) hearing aids, behind-the-ear (BTE) hearing aids, receiver-in-the ear (RIE) hearings aides, and other types. The ITE segment is expected to account for the largest share of the global Bluetooth hearign aid market in 2018 owing to its low cost and easy portability.
Product Definition:
Bluetooth hearing aids are devices that amplify sound and transmit it wirelessly to a paired device, such as a cell phone or computer. Bluetooth hearing aids are important because they allow wearers to stream audio from their devices directly into their ears, without the need for wires or cords. This can be useful for listening to music, making calls, or watching videos. Additionally, Bluetooth technology is often used in conjunction with noise-cancelling features in hearing aids to provide an even better listening experience.
In-The-Ear (ITE) Hearing Aids:
The increasing prevalence of hearing loss due to the growing geriatric population is expected to drive the demand for ITE (In-the-Ear) Bluetooth enabled hearing aids. According to data published by World Population Prospects, in 2019, around 1 in 11 people across the globe will be aged 65 years and above by 2050.
Behind-The-Ear (BTE) Hearing Aids:
The behind-the-ear (BTE) hearing aids market is expected to grow at a rapid pace over the forecast period. The major driving factors for this growth are increasing prevalence of age-related hearing disorders and growing awareness about these devices among consumers. Moreover, technological advancements in BTE products such as wireless connectivity and improved battery life are also anticipated to drive the market during the forecast period.
Application Insights:
The market is segmented by application into hospitals, clinics, and individuals. The individual segment held the largest share in 2017 owing to the growing preference for using hearing aids among aging people and those who have suffered from ear trauma or infections. Bluetooth technology makes it easy to transfer music from a smartphone to a hearing aid. Moreover, the availability of apps like TTS (Text-To-speech) allows users to hear natural speech without having text read aloud. These factors are expected drive growth over the forecast period for this application segment.
Hospitals are anticipated to be one of the fastest-growing segments due largely their increasing adoption of advanced technologies such as AI and VR that can improve patient care along with reducing healthcare costs by as much as 30%.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period owing to high disposable income, increasing geriatric population, and availability of advanced products. Europe accounted for a significant share in terms of revenue due to growing awareness about hearing aids and technological advancements coupled with favorable government initiatives. Asia Pacific is projected to be the fastest-growing region over the forecast period owing to improving healthcare infrastructure and rising disposable income especially in developing countries such as India, China, Indonesia, Malaysia & Vietnam.
The key players operating within Asia Pacific include audiology clinics; Bose Corporation; BrainGate Inc.; CIC Corporation; Cochlear Ltd.; Earin Inc.; Etymotic Research Institute (ERI); GN ReSound Co., Ltd.; Grason Technology LLC; Heco Medical GmbH & Co.
Growth Factors:
- Increasing demand for wireless technology in hearing aids
- Growing geriatric population and rising prevalence of hearing loss
- Technological advancements in Bluetooth hearing aids
- Rising awareness about the benefits of Bluetooth hearing aids
- Growing demand for custom-fit Bluetooth hearing aids
Scope Of The Report
Report Attributes
Report Details
Report Title
Bluetooth Hearing Aids Market Research Report
By Type
In-The-Ear (ITE) Hearing Aids, Behind-The-Ear (BTE) Hearing Aids, Receiver-In-The-Ear (RIE) Hearing Aids, Other
By Application
Hospitals, Clinics, Individuals
By Companies
Sonova Holding, Eartone, Siemens Healthcare, Sivantos Pte. Ltd., Beltone, Miracle Hearing Aid Clinic, Cochlear, Starkey Hearing Aids, GN ReSound, Union Hearing Aid Centre, Shenzhen Sunsky Technology, MED-EL, Persona, Medtechnica Orthophone, William Demant Holding, GN Store Nord, Widex
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Bluetooth Hearing Aids Market Report Segments:
The global Bluetooth Hearing Aids market is segmented on the basis of:
Types
In-The-Ear (ITE) Hearing Aids, Behind-The-Ear (BTE) Hearing Aids, Receiver-In-The-Ear (RIE) Hearing Aids, Other
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, Clinics, Individuals
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:
- Sonova Holding
- Eartone
- Siemens Healthcare
- Sivantos Pte. Ltd.
- Beltone
- Miracle Hearing Aid Clinic
- Cochlear
- Starkey Hearing Aids
- GN ReSound
- Union Hearing Aid Centre
- Shenzhen Sunsky Technology
- MED-EL
- Persona
- Medtechnica Orthophone
- William Demant Holding
- GN Store Nord
- Widex
Highlights of The Bluetooth Hearing Aids 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:
- In-The-Ear (ITE) Hearing Aids
- Behind-The-Ear (BTE) Hearing Aids
- Receiver-In-The-Ear (RIE) Hearing Aids
- Other
- By Application:
- Hospitals
- Clinics
- Individuals
- 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 Bluetooth Hearing Aids 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?
Bluetooth hearing aids are a type of electronic hearing aid that uses Bluetooth technology to connect with other devices. These devices can include smartphones, tablets, and computers. They allow people who have difficulty hearing to listen to audio files and receive alerts from their phones or tablets.
Some of the major companies in the bluetooth hearing aids market are Sonova Holding, Eartone, Siemens Healthcare, Sivantos Pte. Ltd., Beltone, Miracle Hearing Aid Clinic, Cochlear, Starkey Hearing Aids, GN ReSound, Union Hearing Aid Centre, Shenzhen Sunsky Technology, MED-EL, Persona, Medtechnica Orthophone, William Demant Holding, GN Store Nord, Widex.
The bluetooth hearing aids market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bluetooth Hearing Aids 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 Bluetooth Hearing Aids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bluetooth Hearing Aids 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 Bluetooth Hearing Aids 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 Bluetooth Hearing Aids Market Size & Forecast, 2020-2028
4.5.1 Bluetooth Hearing Aids Market Size and Y-o-Y Growth
4.5.2 Bluetooth Hearing Aids Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 In-The-Ear (ITE) Hearing Aids
5.2.2 Behind-The-Ear (BTE) Hearing Aids
5.2.3 Receiver-In-The-Ear (RIE) Hearing Aids
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Individuals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bluetooth Hearing Aids 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 Bluetooth Hearing Aids 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 In-The-Ear (ITE) Hearing Aids
9.6.2 Behind-The-Ear (BTE) Hearing Aids
9.6.3 Receiver-In-The-Ear (RIE) Hearing Aids
9.6.4 Other
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 Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Individuals
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 In-The-Ear (ITE) Hearing Aids
10.6.2 Behind-The-Ear (BTE) Hearing Aids
10.6.3 Receiver-In-The-Ear (RIE) Hearing Aids
10.6.4 Other
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 Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Individuals
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 In-The-Ear (ITE) Hearing Aids
11.6.2 Behind-The-Ear (BTE) Hearing Aids
11.6.3 Receiver-In-The-Ear (RIE) Hearing Aids
11.6.4 Other
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 Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Individuals
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 In-The-Ear (ITE) Hearing Aids
12.6.2 Behind-The-Ear (BTE) Hearing Aids
12.6.3 Receiver-In-The-Ear (RIE) Hearing Aids
12.6.4 Other
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 Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Individuals
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 In-The-Ear (ITE) Hearing Aids
13.6.2 Behind-The-Ear (BTE) Hearing Aids
13.6.3 Receiver-In-The-Ear (RIE) Hearing Aids
13.6.4 Other
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) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Individuals
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 Bluetooth Hearing Aids Market: Competitive Dashboard
14.2 Global Bluetooth Hearing Aids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sonova Holding
14.3.2 Eartone
14.3.3 Siemens Healthcare
14.3.4 Sivantos Pte. Ltd.
14.3.5 Beltone
14.3.6 Miracle Hearing Aid Clinic
14.3.7 Cochlear
14.3.8 Starkey Hearing Aids
14.3.9 GN ReSound
14.3.10 Union Hearing Aid Centre
14.3.11 Shenzhen Sunsky Technology
14.3.12 MED-EL
14.3.13 Persona
14.3.14 Medtechnica Orthophone
14.3.15 William Demant Holding
14.3.16 GN Store Nord
14.3.17 Widex
