Market Overview:
The global wireless assistive hearing system 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, growing awareness about wireless assistive hearing systems, and technological advancements in this field. The global wireless assistive hearing system market is segmented on the basis of type into infrared connected, Bluetooth connected, and others. The Bluetooth connected segment is expected to grow at a higher CAGR than other segments during the forecast period from 2018 to 2030. This growth can be attributed to the increasing demand for portable devices that are easy-to-use and provide better sound quality. On the basis of application, the global wireless assistive hearing system market is segmented into business meeting, factory tour, personal use, and other applications.
Product Definition:
A wireless assistive hearing system is a device that helps people who are deaf or hard of hearing to hear better. This device attaches to a person's ear and transmits sound signals directly to the person's inner ear. The importance of this device is that it allows people with hearing impairments to participate in everyday activities, such as talking on the phone, listening to music, or participating in meetings, without having to rely on others for assistance.
Infrared Connected:
The global infrared connected (IR-C) hearing system market size was valued at USD 1.6 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The rising prevalence of hearing impairment and increasing awareness about the benefits offered by infrared connected (IR-C) hearing aids are some factors driving growth in this market.
Bluetooth Connected:
Bluetooth connected and it's usage in Wireless Assistive Hearing System market: Bluetooth is a wireless technology used for connecting electronic devices, such as smartphones, tablets, and hearing aids. It enables the connection of peripherals including headphones or speakers with an audio source like a laptop or desktop over short distances (10 meters). The technology provides various benefits to users; it reduces cable clutter and allows easy connections between multiple devices.
Application Insights:
The business meeting application segment dominated the global wireless assistive hearing system market in 2017. The use of this technology for conducting meetings and other similar events is expected to drive the segment growth over the forecast period. Assistive listening devices have been gaining popularity among professionals as well as consumers due to their ability to enhance communication, reduce background noise, and focus on conversations. These devices are also used by people with hearing impairment for listening & speaking in meetings or conference calls without wearing headphones.
The personal use application segment is expected register a significant CAGR of XX% from 2018 to 2030 owing to increasing adoption of these systems by individuals suffering from hearing loss or deafness, especially in developed regions like North America and Europe. Moreover, rising awareness about these products among consumers with normal hearing is further anticipated fuel product demand over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of hearing aid dispensing facilities, high disposable income, and favorable reimbursement policies & regulatory reforms by governments. In addition, increasing awareness about audiology devices is also expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness significant growth during the forecast period owing to an increase in demand for assistive devices due to rising population with hearing impairment coupled with technological advancements such as wireless connectivity and miniaturization of products that are not only affordable but also help people suffering from deafness communicate more efficiently with others thereby driving demand for these systems in this region.
Growth Factors:
- Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of 6.5% from 2016 to 2020, owing to the increase in life expectancy and the growth in the number of people aged 65 years and above. This will result in an increased demand for wireless assistive hearing systems, as they are more beneficial for elderly people than traditional hearing aids.
- Rising prevalence of hearing loss: According to the World Health Organization (WHO), 360 million people worldwide have disabling hearing loss, which is expected to increase to 548 million by 2030. This growing prevalence of hearing loss will create a high demand for wireless assistive hearing systems, as they are more effective in treating various types of Hearing Loss (HL) than traditional aids.
- Technological advancements: Wireless assistive hearing system manufacturers are constantly innovating their products with new features and technologies, such as noise cancellation and automatic volume control, which make them more user-friendly and efficient than traditional aids. This will lead to an increased demand for these systems among consumers worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wireless Assistive Hearing System Market Research Report
By Type
Infrared Connected, Bluetooth Connected, Others
By Application
Business Meeting, Factory Tour, Personal Use, Other
By Companies
Sennheiser, Sonova, Clarity, Panasonic, WS Audiology, William Demant, MED-EL, GN ReSound, Starkey, Audina Hearing Instruments, Sennheiser, Rion, Sebotek Hearing Systems
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Wireless Assistive Hearing System Market Report Segments:
The global Wireless Assistive Hearing System market is segmented on the basis of:
Types
Infrared Connected, Bluetooth Connected, Others
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
Business Meeting, Factory Tour, Personal Use, 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:
- Sennheiser
- Sonova
- Clarity
- Panasonic
- WS Audiology
- William Demant
- MED-EL
- GN ReSound
- Starkey
- Audina Hearing Instruments
- Sennheiser
- Rion
- Sebotek Hearing Systems
Highlights of The Wireless Assistive Hearing System 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:
- Infrared Connected
- Bluetooth Connected
- Others
- By Application:
- Business Meeting
- Factory Tour
- Personal Use
- 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 Wireless Assistive Hearing System 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?
A Wireless Assistive Hearing System (WAS) is a type of assistive technology that uses wireless signals to send audio information to hearing aids or cochlear implants. WAS can improve the quality of life for people who have difficulty hearing by providing them with access to better communication and entertainment experiences.
Some of the major players in the wireless assistive hearing system market are Sennheiser, Sonova, Clarity, Panasonic, WS Audiology, William Demant, MED-EL, GN ReSound, Starkey, Audina Hearing Instruments, Sennheiser, Rion, Sebotek Hearing Systems.
The wireless assistive hearing system 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 Wireless Assistive Hearing System 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 Wireless Assistive Hearing System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wireless Assistive Hearing System 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 Wireless Assistive Hearing System 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 Wireless Assistive Hearing System Market Size & Forecast, 2018-2028
4.5.1 Wireless Assistive Hearing System Market Size and Y-o-Y Growth
4.5.2 Wireless Assistive Hearing System Market Absolute $ Opportunity
Chapter 5 Global Wireless Assistive Hearing System 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 Wireless Assistive Hearing System Market Size Forecast by Type
5.2.1 Infrared Connected
5.2.2 Bluetooth Connected
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wireless Assistive Hearing System 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 Wireless Assistive Hearing System Market Size Forecast by Applications
6.2.1 Business Meeting
6.2.2 Factory Tour
6.2.3 Personal Use
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wireless Assistive Hearing System 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 Wireless Assistive Hearing System 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 Wireless Assistive Hearing System Analysis and Forecast
9.1 Introduction
9.2 North America Wireless Assistive Hearing System 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 Wireless Assistive Hearing System Market Size Forecast by Type
9.6.1 Infrared Connected
9.6.2 Bluetooth Connected
9.6.3 Others
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 Wireless Assistive Hearing System Market Size Forecast by Applications
9.10.1 Business Meeting
9.10.2 Factory Tour
9.10.3 Personal Use
9.10.4 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 Wireless Assistive Hearing System Analysis and Forecast
10.1 Introduction
10.2 Europe Wireless Assistive Hearing System 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 Wireless Assistive Hearing System Market Size Forecast by Type
10.6.1 Infrared Connected
10.6.2 Bluetooth Connected
10.6.3 Others
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 Wireless Assistive Hearing System Market Size Forecast by Applications
10.10.1 Business Meeting
10.10.2 Factory Tour
10.10.3 Personal Use
10.10.4 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 Wireless Assistive Hearing System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wireless Assistive Hearing System 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 Wireless Assistive Hearing System Market Size Forecast by Type
11.6.1 Infrared Connected
11.6.2 Bluetooth Connected
11.6.3 Others
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 Wireless Assistive Hearing System Market Size Forecast by Applications
11.10.1 Business Meeting
11.10.2 Factory Tour
11.10.3 Personal Use
11.10.4 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 Wireless Assistive Hearing System Analysis and Forecast
12.1 Introduction
12.2 Latin America Wireless Assistive Hearing System 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 Wireless Assistive Hearing System Market Size Forecast by Type
12.6.1 Infrared Connected
12.6.2 Bluetooth Connected
12.6.3 Others
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 Wireless Assistive Hearing System Market Size Forecast by Applications
12.10.1 Business Meeting
12.10.2 Factory Tour
12.10.3 Personal Use
12.10.4 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) Wireless Assistive Hearing System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wireless Assistive Hearing System 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) Wireless Assistive Hearing System Market Size Forecast by Type
13.6.1 Infrared Connected
13.6.2 Bluetooth Connected
13.6.3 Others
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) Wireless Assistive Hearing System Market Size Forecast by Applications
13.10.1 Business Meeting
13.10.2 Factory Tour
13.10.3 Personal Use
13.10.4 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 Wireless Assistive Hearing System Market: Competitive Dashboard
14.2 Global Wireless Assistive Hearing System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sennheiser
14.3.2 Sonova
14.3.3 Clarity
14.3.4 Panasonic
14.3.5 WS Audiology
14.3.6 William Demant
14.3.7 MED-EL
14.3.8 GN ReSound
14.3.9 Starkey
14.3.10 Audina Hearing Instruments
14.3.11 Sennheiser
14.3.12 Rion
14.3.13 Sebotek Hearing Systems
