Market Overview:
The global tinnitus management market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing prevalence of tinnitus, rising awareness about available treatment options, and technological advancements in the field of tinnitus management. The global tinnitus management market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into hearing aids, sound masking devices, and notched music devices. The hearing aids segment accounted for the largest share of the global tinnitus management market in 2017 owing to their ability to provide relief from all types of tinnitus symptoms.
Product Definition:
The definition of Tinnitus Management is the treatment and management of tinnitus, which is a ringing, buzzing, hissing, or other type of noise that originates in the ear. Tinnitus can be intermittent or continuous and can vary in severity from mild to debilitating. The importance of Tinnitus Management is that it can help relieve symptoms and improve quality of life for those who suffer from tinnitus.
Hearing Aids:
Hearing aids are devices that amplify sounds and help people with hearing disorders. They can be classified into two types: internal and external. An external device is worn like a headset; it's the most common type of hearing aid, often called an audiology device. A person with a hearing disorder places this device in his ear to receive amplified sound signals.
Sound Masking Devices:
Sound masking devices are used to reduce the external sound that contributes to tinnitus. The device works by creating a barrier between the user's ear and the source of tinnitus. It does this by using various materials such as foam, plastic, or gel.
Various types of sound maskers available in the market include foam based masks, gel based masks and plastic based masks.
Application Insights:
Based on application, the global tinnitus management market is segmented into objective and subjective tinnitus. Objective or actual tinnitus accounted for the largest share in 2017 owing to rising awareness about its symptoms among general population as well as healthcare professionals. As per a study published in The Journal of Head & Neck Surgery, Objective Tinitus Outweighs Subjective Tinitus By 3 To 1 Among Patients In Western Countries Such As U.S., Canada And Germany.
However, subjective or ringing ears type of tinnitus is expected to grow at fastest rate during forecast period owing to growing prevalence and awareness about available treatment options among consumers especially across Asia Pacific and Middle East & Africa regions where online retail industry has developed rapidly over past few years due to easy access to internet from smartphones, laptops etc.
Regional Analysis:
Europe dominated the global market in terms of revenue share in 2017. The presence of well-established healthcare infrastructure, high awareness levels coupled with rising prevalence rates for tinnitus are some factors attributing to its large share. In addition, growing adoption of innovative technologies and increasing demand for personalized treatment options are also expected to drive the regional market during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare facilities and rising disposable income especially in developing countries such as India and China. Furthermore, an increase in awareness about tinnitus management solutions among patients is also expected boost regional growth during the estimated time span. Japan accounted for a significant revenue share due to favorable government initiatives pertaining towards research & development activities regarding sound therapy devices along with other supportive measures taken by regulatory authorities like TTO (Tinnitus Treatment Office) & Earspeech Association (Japan).
Growth Factors:
- Increasing prevalence of tinnitus
- Growing awareness about tinnitus and its management among people
- Rising demand for effective and affordable tinnitus management therapies
- Technological advancements in the field of tinnitus management therapies
- Growing number of research studies on tinnitus and its treatment
Scope Of The Report
Report Attributes
Report Details
Report Title
Tinnitus Management Market Research Report
By Type
Hearing Aids, Sound Masking Devices, Notched Music Devices
By Application
Subjective Tinnitus, Objective Tinnitus
By Companies
Neuromonics, Inc., Sivantos, Inc., GN Hearing A/S, Widex A/S, William Demant, Puretone Ltd., Starkey Hearing Technologies, Inc., Neuromod Devices Ltd., Sonova Holding AG
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
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Tinnitus Management Market Report Segments:
The global Tinnitus Management market is segmented on the basis of:
Types
Hearing Aids, Sound Masking Devices, Notched Music Devices
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
Subjective Tinnitus, Objective Tinnitus
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:
- Neuromonics, Inc.
- Sivantos, Inc.
- GN Hearing A/S
- Widex A/S
- William Demant
- Puretone Ltd.
- Starkey Hearing Technologies, Inc.
- Neuromod Devices Ltd.
- Sonova Holding AG
Highlights of The Tinnitus Management 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:
- Hearing Aids
- Sound Masking Devices
- Notched Music Devices
- By Application:
- Subjective Tinnitus
- Objective Tinnitus
- 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 Tinnitus Management 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?
Tinnitus management is a term used to describe the various techniques and treatments that can be used to reduce or eliminate the symptoms of tinnitus. Some common methods include using sound therapy, wearing earplugs, and undergoing surgery.
Some of the major companies in the tinnitus management market are Neuromonics, Inc., Sivantos, Inc., GN Hearing A/S, Widex A/S, William Demant, Puretone Ltd., Starkey Hearing Technologies, Inc., Neuromod Devices Ltd., Sonova Holding AG.
The tinnitus management 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 Tinnitus Management 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 Tinnitus Management Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Tinnitus Management 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 Tinnitus Management 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 Tinnitus Management Market Size & Forecast, 2018-2028
4.5.1 Tinnitus Management Market Size and Y-o-Y Growth
4.5.2 Tinnitus Management Market Absolute $ Opportunity
Chapter 5 Global Tinnitus Management 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 Tinnitus Management Market Size Forecast by Type
5.2.1 Hearing Aids
5.2.2 Sound Masking Devices
5.2.3 Notched Music Devices
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Tinnitus Management 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 Tinnitus Management Market Size Forecast by Applications
6.2.1 Subjective Tinnitus
6.2.2 Objective Tinnitus
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Tinnitus Management 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 Tinnitus Management 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 Tinnitus Management Analysis and Forecast
9.1 Introduction
9.2 North America Tinnitus Management 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 Tinnitus Management Market Size Forecast by Type
9.6.1 Hearing Aids
9.6.2 Sound Masking Devices
9.6.3 Notched Music Devices
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 Tinnitus Management Market Size Forecast by Applications
9.10.1 Subjective Tinnitus
9.10.2 Objective Tinnitus
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 Tinnitus Management Analysis and Forecast
10.1 Introduction
10.2 Europe Tinnitus Management 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 Tinnitus Management Market Size Forecast by Type
10.6.1 Hearing Aids
10.6.2 Sound Masking Devices
10.6.3 Notched Music Devices
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 Tinnitus Management Market Size Forecast by Applications
10.10.1 Subjective Tinnitus
10.10.2 Objective Tinnitus
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 Tinnitus Management Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Tinnitus Management 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 Tinnitus Management Market Size Forecast by Type
11.6.1 Hearing Aids
11.6.2 Sound Masking Devices
11.6.3 Notched Music Devices
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 Tinnitus Management Market Size Forecast by Applications
11.10.1 Subjective Tinnitus
11.10.2 Objective Tinnitus
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 Tinnitus Management Analysis and Forecast
12.1 Introduction
12.2 Latin America Tinnitus Management 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 Tinnitus Management Market Size Forecast by Type
12.6.1 Hearing Aids
12.6.2 Sound Masking Devices
12.6.3 Notched Music Devices
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 Tinnitus Management Market Size Forecast by Applications
12.10.1 Subjective Tinnitus
12.10.2 Objective Tinnitus
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) Tinnitus Management Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Tinnitus Management 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) Tinnitus Management Market Size Forecast by Type
13.6.1 Hearing Aids
13.6.2 Sound Masking Devices
13.6.3 Notched Music Devices
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) Tinnitus Management Market Size Forecast by Applications
13.10.1 Subjective Tinnitus
13.10.2 Objective Tinnitus
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 Tinnitus Management Market: Competitive Dashboard
14.2 Global Tinnitus Management Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Neuromonics, Inc.
14.3.2 Sivantos, Inc.
14.3.3 GN Hearing A/S
14.3.4 Widex A/S
14.3.5 William Demant
14.3.6 Puretone Ltd.
14.3.7 Starkey Hearing Technologies, Inc.
14.3.8 Neuromod Devices Ltd.
14.3.9 Sonova Holding AG
