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Hearing Device Market Analysis, Size, Trends | Europe | 2016-2022 | MedSuite

  • Year: 2016
  • Scope: 2012-2022
  • Region: Europe
  • Pages: 467
  • Published Date: 8/1/2016
  • Type: MedSuite

One major trend within the European hearing device market is the constant focus on product innovation. Within the hearing device market, product innovation is a theme that runs through all segments. Virtually all products, even batteries, are consistently upgraded with the newest features and technologies. This will drive the market by having a positive effect on the ASP of certain product lines. There has also been a popular trend toward manufacturing consolidation. The big six competitors went from making up 90% of the market in 2010 to 98% of the market in 2015. In addition to the manufacturing consolidation, there has also been a trend of manufacturers expanding into retailer operations. This report includes an analysis of other factors and trends that have positively and negatively impacted the market.

The European hearing device markets comprise hearing aids, hearing aid batteries, cochlear implants, and bone anchored hearing aids. The hearing aid market is segmented into the manufacturer and retail markets. The manufacturer hearing aid market captures the sale of hearing aids produced by manufacturers and sold to the retail chain, while the retail hearing aid market captures the final sale of the hearing aid device to the end -user. Depending on the country, the retail market can consist of either a private retail market where hearing aids are dispensed solely through private retail chains, or a public healthcare system that controls the distribution of hearing aids to patients. The cochlear implant market captures the sale of devices to surgical centers, whereas the hearing aid battery market captures the sale of batteries to the retail chains or public clinics that dispense hearing aids. Like the cochlear implant market, the bone anchored hearing aid market consists of sales to surgical centers. In contrast to other reports, the market for hearing aids is broken up with a separate chapter for each country. While this is not the typical reporting that iData does for Europe, this nature of this particular market makes a country by country analysis more prudent. There are vast differences in adoption, reimbursement, and prices that make aggregating the market impractical.

While this report suite contains all Europe hearing device data, each of the markets are also available as standalone MedCore reports. This allows you to get access to only the hearing device market research that you need. You can view all these included reports and segmentation here:

  • Germany Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Germany. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • France Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in France. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • United Kingdom Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in the United Kingdom. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Italy Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Italy. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Spain Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Spain. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Netherlands Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in the Netherlands. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Belgium Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Belgium. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Sweden Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Sweden. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Denmark Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Denmark. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Norway Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Norway. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Finland Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Finland. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Portugal Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Portugal. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Austria Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Austria. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Switzerland Market Report for Hearing Aids 2016 – MedCore – In-depth analysis of the Hearing Device market in Switzerland. Chapter provides a unit analysis of the products, competitive analysis of the companies involved in the market, drivers and limiters of the market and units sold within the country.
  • Europe Market Report for Bone Anchored Hearing Systems 2016 – MedCore – In-depth analysis of the Bone Anchored Hearing Systems market. Chapter includes number of installed base usnits, ASPs, growth rates, market values and units sold by country.
  • Europe Market Report for Cochlear Implants 2016 – MedCore – In-depth analysis of the Cochlear Implants market. Chapter includes number of installed base usnits, ASPs, growth rates, market values and units sold by country.
  • Europe Market Report for Hearing Aid Batteries 2016 – MedCore – In-depth analysis of the Hearing Aid Battery market. Chapter includes number of installed base usnits, ASPs, growth rates, market values and units sold by country

Hearing Device Market Report Data Types Included

  • Unit Sales, Average Selling Prices, Market Value & Growth Trends
  • Forecasts Until 2022, and Historical Data to 2012
  • Market Drivers & Limiters for Each Device Segment
  • Competitive Analysis with Market Shares for Each Segment
  • Recent Mergers & Acquisitions
  • Disease Overviews and Demographic Information
  • Company Profiles, Product Portfolios and SWOT for Top Competitors
  • Related Press Releases from Top Competitors

Hearing Device Market Share Analysis

In 2015, Sonova made up 25.3% of the European manufacturer hearing aid market. Similar to William Demant, Sonova competed based on offering higher priced premium-quality hearing aids which has also built up a strong reputation in Europe. Phonak operates under the Sonova holding group, which also owns Unitron in addition to other newly acquired companies such as Advanced Bionics in the cochlear implant market, and Lyric, the manufacturer of the invisible ITE hearing aid. Sonova’s market share has been steadily increasing over the last few years. The company is active in pursuing acquisitions to add to its growing hearing device portfolio.

William Demant comprised 22.1% of the European manufacturer hearing aid market, securing them second place under the manufacturer segment. Under the William Demant holding group, other manufacturers included Bernafon, Oticon and Sonic Innovations. Another potential boost to William Demant’s market share was the acquisition of Sonic Innovations, a hearing aid manufacturer that had previously manufactured hearing aids specifically to the small segment of ENT doctors that fitted patients with hearing aids.
 

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The "European Market Report Suite for Hearing Devices 2016 - MedSuite" includes analysis on the following companies currently active in this market:SonovaSiemensWilliam DemantGN ReSoundWidexStarkeyOthers include Audifon, Audina, Audio Service , Eurion, ExSilent, Gewa, Hansaton, Magnatone/Persona Medical, Puretone, Rion, Sebotek, Starkey, etc*Not all companies are currently active in every segment or sub-report from this suite. For more details contact an iData Research Product Advisor.

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