Market Overview:
The global personal amplification devices market is expected to grow at a CAGR of 5.5% 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 personal amplification devices, and technological advancements in these devices. On the basis of type, the global personal amplification devices market is segmented into on-the-ear and in-the-ear devices. On-the-ear personal amplification devices are further subsegmented into open ear and closed ear types.
Product Definition:
Personal amplification devices, also known as hearing aids, are small electronic devices that help people with hearing loss amplify sound. They come in a variety of shapes and sizes, and can be used to improve overall hearing or just for specific tasks like listening to music or talking on the phone.
On the Ear:
On the ear, it's usage and growth factor in Personal Amplification Devices market is expected to witness significant growth over the forecast period. The market for personal amplification devices (PADs) has been growing at a rapid rate due to increasing awareness of hearing aids and noise-canceling headphones among consumers. Increasing disposable income coupled with rising health concerns are some of the factors driving demand for PADs globally.
In the Ear:
The In the ear (ITE) devices market is expected to witness significant growth over the forecast period owing to factors such as increasing awareness of hearing aids, growing prevalence of deafness and rising disposable income. The ITE devices market is segmented on the basis of product type which includes hearing aids, sound amplifiers and others. Hearing Aids held a major share in 2014 owing to factors such as increasing prevalence of deafness and technological advancements in this field.
Application Insights:
The others segment held the largest share of more than 50.0% in 2017. This is attributed to the high adoption of personal amplification devices for social occasions such as parties and gatherings, which require a high volume of music for an appropriate level, thereby driving the demand for PADs globally. Moreover, hospitals are expected to be one of the prominent application segments over the forecast period owing to increasing investments by governments in healthcare infrastructure development across various countries worldwide coupled with growing awareness regarding hearing loss and tinnitus among consumers is anticipated to drive growth over next seven years.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of manufacturers and retailers. The region is expected to maintain its dominance over the forecast period due to increasing cases of hearing loss, coupled with an increase in awareness about personal amplification devices. According to a study published by American Academy of Audiology, nearly 50 million Americans have some degree of hearing impairment that causes difficulty in understanding speech or understanding music. In addition, high disposable income levels and favorable reimbursement policies are also driving growth across this region.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rising product demand from developing countries such as India and China.
Growth Factors:
- Increasing demand for personal amplification devices from the hearing impaired population.
- Rising popularity of personal amplification devices among athletes and fitness enthusiasts to improve performance.
- Growing demand for personal amplification devices in educational institutions to help students with hearing disabilities learn better.
- Proliferation of online and offline retail channels that offer a wide range of PA devices at competitive prices is aiding the growth of this market globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
Personal Amplification Devices Market Research Report
By Type
On the Ear, In the Ear
By Application
Hospitals, Specialty Clinics, Online Stores, Retail Stores, Others
By Companies
Foshan Vohom Technology, Austar Hearing Science and Technology, Sound World Solution, SoundHawk, Resound, Huizhou Jinghao Electronics, Shenzhen LA Lighting, Ethymatic, Able Planet, Ziphearing, Foshan Vohom Technology
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
164
Number of Tables & Figures
115
Customization Available
Yes, the report can be customized as per your need.
Global Personal Amplification Devices Market Report Segments:
The global Personal Amplification Devices market is segmented on the basis of:
Types
On the Ear, In the Ear
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, Online Stores, Retail Stores, Others
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:
- Foshan Vohom Technology
- Austar Hearing Science and Technology
- Sound World Solution
- SoundHawk
- Resound
- Huizhou Jinghao Electronics
- Shenzhen LA Lighting
- Ethymatic
- Able Planet
- Ziphearing
- Foshan Vohom Technology
Highlights of The Personal Amplification Devices 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:
- On the Ear
- In the Ear
- By Application:
- Hospitals
- Specialty Clinics
- Online Stores
- Retail Stores
- Others
- 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 Personal Amplification Devices 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
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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?
Personal amplification devices (PADs) are electronic devices that amplify sound. They can be used to listen to music, make phone calls, or hear the TV in a noisy environment.
Some of the major players in the personal amplification devices market are Foshan Vohom Technology, Austar Hearing Science and Technology, Sound World Solution, SoundHawk, Resound, Huizhou Jinghao Electronics, Shenzhen LA Lighting, Ethymatic, Able Planet, Ziphearing, Foshan Vohom Technology.
The personal amplification devices market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Personal Amplification Devices 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 Personal Amplification Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Personal Amplification Devices 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 Personal Amplification Devices 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 Personal Amplification Devices Market Size & Forecast, 2020-2028
4.5.1 Personal Amplification Devices Market Size and Y-o-Y Growth
4.5.2 Personal Amplification Devices 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 On the Ear
5.2.2 In the Ear
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 Specialty Clinics
6.2.3 Online Stores
6.2.4 Retail Stores
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Personal Amplification Devices 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 Personal Amplification Devices 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 On the Ear
9.6.2 In the Ear
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 Specialty Clinics
9.10.3 Online Stores
9.10.4 Retail Stores
9.10.5 Others
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 On the Ear
10.6.2 In the Ear
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 Specialty Clinics
10.10.3 Online Stores
10.10.4 Retail Stores
10.10.5 Others
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 On the Ear
11.6.2 In the Ear
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 Specialty Clinics
11.10.3 Online Stores
11.10.4 Retail Stores
11.10.5 Others
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 On the Ear
12.6.2 In the Ear
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 Specialty Clinics
12.10.3 Online Stores
12.10.4 Retail Stores
12.10.5 Others
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 On the Ear
13.6.2 In the Ear
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 Specialty Clinics
13.10.3 Online Stores
13.10.4 Retail Stores
13.10.5 Others
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 Personal Amplification Devices Market: Competitive Dashboard
14.2 Global Personal Amplification Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Foshan Vohom Technology
14.3.2 Austar Hearing Science and Technology
14.3.3 Sound World Solution
14.3.4 SoundHawk
14.3.5 Resound
14.3.6 Huizhou Jinghao Electronics
14.3.7 Shenzhen LA Lighting
14.3.8 Ethymatic
14.3.9 Able Planet
14.3.10 Ziphearing
14.3.11 Foshan Vohom Technology
