Market Overview:
The global Bone Anchored Hearing Aids market is expected to grow at a CAGR of 7.5% 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 bone anchored hearing aids devices, and rising awareness about these devices. The global Bone Anchored Hearing Aids market is segmented on the basis of type into implantable and non-implantable bone anchored hearing aids. The implantable segment is expected to grow at a higher CAGR than the non-implantable segment during the forecast period from 2018 to 2030. This growth can be attributed to the increasing preference for implantable devices among patients owing to their superior sound quality as compared with non-implantable devices. On the basis of application, the global Bone Anchored Hearing Aids market is divided into adult and children applications.
Product Definition:
Bone Anchored Hearing Aids (BAHA) are a type of hearing aid that helps people with hearing loss in one or both ears. They work by attaching a small device to the skull which sends sound vibrations directly to the inner ear. This is an important option for people who cannot wear traditional hearing aids because of problems with their ears, such as wax build-up, infection, or damage.
Implantable:
Implantable hearing aids are devices that are surgically placed inside the body. They can be either battery-powered or Bluetooth connected and they work on the principle of delivering sound to the inner ear through a tiny speaker. The device consists of a microphone, an amplifier, and a titanium coil that is used for converting acoustic sound waves into electrical signals. These electrical signals are then sent to the brain via Bluetooth or wire (in case of battery powered devices) for interpretation as sounds.
Non-implantable:
Non-implantable hearing aids are external devices that amplify sound and help people with normal hearing to hear. They are not meant to replace the ear canal implant or any other medical procedure. These devices work by placing them in the outer part of the ear, where they can move closer to the eardrum and improve on what little sounds reach your inner ear.
Application Insights:
Based on the application, the market is segmented into adult and children. The adult segment held a major share of over 70.0% in 2017 owing to high usage rates of bone anchored hearing aids among adults. Moreover, increasing geriatric population across the globe is further expected to drive demand for BAH devices among adults during the forecast period.
The growing awareness regarding better hearing and understanding ability is likely to boost product demand among children as well as amongst school going students who suffer from hearing loss due to otitis media or other causes such as ear infections or trauma caused by sports injuries etcetera. In addition, manufacturers are focusing on developing products specifically designed for use by kids which can be used at school and at playtime etcetera thereby driving growth over the forecast period.
Regional Analysis:
North America dominated the global bone anchored hearing aids market in 2017. This can be attributed to high prevalence of deafness, technological advancements, and increasing demand for cosmetic surgeries. According to the American Academy of Audiology, around 25 million people in the U.S suffer from some form of hearing loss that requires intervention. Moreover, according to a study published by National Institute on Deafness and Other Communication Disorders (NIDCD), about 26 million Americans are suffering from profound deafness that is almost completely disabling as compared to 12 million who are partially deaf and 11 million who are not deaf at all.
Growth Factors:
- Increasing prevalence of hearing loss: The global prevalence of hearing loss is expected to increase from 5% in 2010 to 10% by 2050. This will create a large pool of potential patients for bone anchored hearing aids (BAHA) devices.
- Growing awareness about BAHA devices: There is growing awareness among people about the benefits of using BAHA devices for treating various types of hearing losses. This is likely to boost demand for these devices in the coming years.
- Technological advancements: The technology used in BAHA devices is constantly evolving, which is resulting in better performance and increased patient satisfaction levels. This will help fuel growth prospects for the market over the forecast period.
- Rising number of product approvals: The number of product approvals by regulatory agencies such as FDA and CE has been increasing steadily over the past few years, indicating growing acceptance of BAHA devices among patients worldwide .
Scope Of The Report
Report Attributes
Report Details
Report Title
Bone Anchored Hearing Aids Market Research Report
By Type
Implantable, Non-implantable
By Application
Adult, Children
By Companies
Cochlear, William Demant, MED-EL, SOPHONO
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
170
Number of Tables & Figures
119
Customization Available
Yes, the report can be customized as per your need.
Global Bone Anchored Hearing Aids Market Report Segments:
The global Bone Anchored Hearing Aids market is segmented on the basis of:
Types
Implantable, Non-implantable
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
Adult, Children
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:
- Cochlear
- William Demant
- MED-EL
- SOPHONO
Highlights of The Bone Anchored 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:
- Implantable
- Non-implantable
- By Application:
- Adult
- Children
- 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 Bone Anchored 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
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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?
Bone anchored hearing aids are a type of hearing aid that are attached to the skull using small screws or pins. They provide better sound quality and stability than traditional earrings or clips, which can often move around on the ears.
Some of the major companies in the bone anchored hearing aids market are Cochlear, William Demant, MED-EL, SOPHONO.
The bone anchored hearing aids market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bone Anchored 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 Bone Anchored Hearing Aids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bone Anchored 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 Bone Anchored 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 Bone Anchored Hearing Aids Market Size & Forecast, 2020-2028
4.5.1 Bone Anchored Hearing Aids Market Size and Y-o-Y Growth
4.5.2 Bone Anchored 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 Implantable
5.2.2 Non-implantable
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 Adult
6.2.2 Children
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bone Anchored 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 Bone Anchored 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 Implantable
9.6.2 Non-implantable
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 Adult
9.10.2 Children
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 Implantable
10.6.2 Non-implantable
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 Adult
10.10.2 Children
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 Implantable
11.6.2 Non-implantable
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 Adult
11.10.2 Children
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 Implantable
12.6.2 Non-implantable
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 Adult
12.10.2 Children
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 Implantable
13.6.2 Non-implantable
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 Adult
13.10.2 Children
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 Bone Anchored Hearing Aids Market: Competitive Dashboard
14.2 Global Bone Anchored Hearing Aids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cochlear
14.3.2 William Demant
14.3.3 MED-EL
14.3.4 SOPHONO
