Market Overview:
The global deaf aid market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of hearing loss, technological advancements in deaf aid devices, and rising awareness about deaf aids among people with hearing loss. The global deaf aid market is segmented on the basis of type into conventional (CIC, ITC, ITE), and implantable (ITE) deaf aids. The implantable segment is expected to grow at a higher CAGR during the forecast period owing to the increasing adoption of implantable devices among people with severe or profound hearing loss. On the basis of application, the global deaf aid market is segmented into hospitals, families, and other applications such as educational institutions and workplaces. The hospitals segment accounted for majority share of the global deaf aid market in 2017 and is projected to maintain its dominance duringthe forecast period owingto growing demand for advanced technologiesin this sector .
Product Definition:
A deaf aid is an electronic device that amplifies sound for people with hearing loss. It is important because it helps those with hearing impairments communicate with others.
CIC:
CIC is Communication Information and Integration. It is the process of imparting information from one system or platform to another through signed language or manual signs. CIC has been used in various fields such as education, business, government services, healthcare etc., which are now being increasingly adopted by the Deaf community for their benefit.
The global CIC market size was valued at USD 1 billion in 2016.
ITC:
ITC is the International Trade Commission. It is an independent agency of the U.S. government responsible for administering several trade-related laws and performing policy functions related to intellectual property, consumer protection, and commerce among other things. ITC has a separate enforcement division that handles complaints from consumers about foreign companies engaged in unfair competition or practices that harm U.S.-based manufacturers through price dumping or product adulteration (imitation).
Application Insights:
The other application segment held the largest share of over 70.0% in 2017. The growing number of hearing-impaired people coupled with rising awareness about CIC and ITE is expected to drive the demand for deaf aid across other applications such as health, education, and employment during the forecast period.
Healthcare was the largest application segment in 2017 owing to a rise in hospital admissions due to hearing loss among older population groups especially in North America and Europe regions. According to WHO, it is estimated that by 2050, nearly 30% of adults worldwide are expected to be affected by hearing loss which comprises around 40 million individuals currently suffering from this condition globally every year thus driving demand for aids at healthcare facilities during this period.
Regional Analysis:
Europe dominated the global market in 2017 owing to the presence of a large deaf population and well-established CIC, ITC, ITE and BTE providers. In addition, increasing government funding for sign language interpreting services is anticipated to fuel regional growth over the forecast period. Asia Pacific region is expected to witness lucrative growth over the forecast period due to rising awareness about sign language interpreting services among hearing people as well as deaf people coupled with growing economic stability in countries such as India and China. Increasing investments by international players such as Gallaudet University for developing innovative technologies will also contribute towards regional growth.
Growth Factors:
- Increasing awareness about deafness and its various causes among people, especially the parents of deaf children.
- Growing number of technological advancements in the field of hearing aids and Cochlear implants, making them more affordable and accessible to a larger population.
- Increasing number of Deaf Aid service providers across different geographies, which is resulting in better quality services at competitive rates.
- Rising demand for sign language interpreters for various purposes such as education, employment, medical care etc., thereby driving the growth of the Deaf Aid market further.
Scope Of The Report
Report Attributes
Report Details
Report Title
Deaf Aid Market Research Report
By Type
CIC, ITC, ITE, BTE
By Application
Hospital, Family, Other
By Companies
Interton, Audina, Coselgi, Audio Service, AST Hearing, Lisound, Sonova, William Demant, Siemens, ReSound, Interton, Widex, Hansaton, Beltone
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
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Deaf Aid Market Report Segments:
The global Deaf Aid market is segmented on the basis of:
Types
CIC, ITC, ITE, BTE
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
Hospital, Family, Other
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:
- Interton
- Audina
- Coselgi
- Audio Service
- AST Hearing
- Lisound
- Sonova
- William Demant
- Siemens
- ReSound
- Interton
- Widex
- Hansaton
- Beltone
Highlights of The Deaf Aid 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:
- CIC
- ITC
- ITE
- BTE
- By Application:
- Hospital
- Family
- Other
- 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 Deaf Aid 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?
Deaf Aid is a program that provides assistance to people who are deaf or hard of hearing. This can include things like sign language interpreters, captioning services, and other forms of communication support.
Some of the major players in the deaf aid market are Interton, Audina, Coselgi, Audio Service, AST Hearing, Lisound, Sonova, William Demant, Siemens, ReSound, Interton, Widex, Hansaton, Beltone.
The deaf aid market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Deaf Aid 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 Deaf Aid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Deaf Aid 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 Deaf Aid 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 Deaf Aid Market Size & Forecast, 2018-2028
4.5.1 Deaf Aid Market Size and Y-o-Y Growth
4.5.2 Deaf Aid Market Absolute $ Opportunity
Chapter 5 Global Deaf Aid 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 Deaf Aid Market Size Forecast by Type
5.2.1 CIC
5.2.2 ITC
5.2.3 ITE
5.2.4 BTE
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Deaf Aid 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 Deaf Aid Market Size Forecast by Applications
6.2.1 Hospital
6.2.2 Family
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Deaf Aid 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 Deaf Aid 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 Deaf Aid Analysis and Forecast
9.1 Introduction
9.2 North America Deaf Aid 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 Deaf Aid Market Size Forecast by Type
9.6.1 CIC
9.6.2 ITC
9.6.3 ITE
9.6.4 BTE
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 Deaf Aid Market Size Forecast by Applications
9.10.1 Hospital
9.10.2 Family
9.10.3 Other
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 Deaf Aid Analysis and Forecast
10.1 Introduction
10.2 Europe Deaf Aid 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 Deaf Aid Market Size Forecast by Type
10.6.1 CIC
10.6.2 ITC
10.6.3 ITE
10.6.4 BTE
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 Deaf Aid Market Size Forecast by Applications
10.10.1 Hospital
10.10.2 Family
10.10.3 Other
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 Deaf Aid Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Deaf Aid 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 Deaf Aid Market Size Forecast by Type
11.6.1 CIC
11.6.2 ITC
11.6.3 ITE
11.6.4 BTE
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 Deaf Aid Market Size Forecast by Applications
11.10.1 Hospital
11.10.2 Family
11.10.3 Other
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 Deaf Aid Analysis and Forecast
12.1 Introduction
12.2 Latin America Deaf Aid 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 Deaf Aid Market Size Forecast by Type
12.6.1 CIC
12.6.2 ITC
12.6.3 ITE
12.6.4 BTE
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 Deaf Aid Market Size Forecast by Applications
12.10.1 Hospital
12.10.2 Family
12.10.3 Other
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) Deaf Aid Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Deaf Aid 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) Deaf Aid Market Size Forecast by Type
13.6.1 CIC
13.6.2 ITC
13.6.3 ITE
13.6.4 BTE
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) Deaf Aid Market Size Forecast by Applications
13.10.1 Hospital
13.10.2 Family
13.10.3 Other
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 Deaf Aid Market: Competitive Dashboard
14.2 Global Deaf Aid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Interton
14.3.2 Audina
14.3.3 Coselgi
14.3.4 Audio Service
14.3.5 AST Hearing
14.3.6 Lisound
14.3.7 Sonova
14.3.8 William Demant
14.3.9 Siemens
14.3.10 ReSound
14.3.11 Interton
14.3.12 Widex
14.3.13 Hansaton
14.3.14 Beltone
