Published :
Tables : 45
Figures : 35
Category : Healthcare
No. of Pages : 220
Report Code : HC-1060
Hearing Loss Treatment Market Introduction Causes for hearing loss can be many ranging from exposure to high volume noise to viral ear infections. However, hearing loss is ignored by many due to denial and embarrassment. Untreated hearing loss can not only affect the quality of life but also result in other health issues like dementia, cardiovascular disorders, diabetes, hypertension, depression and in some cases premature death. Besides, disability payment costs are considerably high and affect employability. The global hearing loss treatment market largely depends on factors like age, cause of hearing loss and severity of ear damage. Modern science has multiple ways to treat hearing loss with medical surgery, hearing aids/implants and drug therapy. Hearing Loss Treatment Market Overview Sudden hearing loss incidences, viral ear infections, ageing population, genetic syndrome, head trauma, exposure to high pitch machinery noises or aircraft sounds at the workplace are some of the widespread causes that induce the need for hearing loss treatment. The technological advancement in surgical procedures and innovations in hearing loss devices effectiveness are equally facilitating the multi-dollar growth in global market. General awareness around hearing loss treatment among public and hearing healthcare professionals is supposed to enhance the growth opportunities. Further, medicinal breakthroughs like drug discovery by NIDCD (National Institute on Deafness and Other Communication Disorders) that is capable of partially restoring sensory cells of inner ear create tremendous opportunities in terms of R&D investments. North America dominates the global market due to government initiatives to create awareness among the dense population as well as steps to aid ex-air force officials with hearing the loss in regions like Afghanistan. Europe is to follow the trend in order to curb per head healthcare costs as well as disability payment overhead. The Asia Pacific is a highly conducive region for the rapid growth of global market in the coming years. Major market players are Audion Therapeutics BV, Starkey, Phonak, ReSound, Siemens,Cochlear,Sivantos,Widex,Med-El,Zounds Hearing and so on. Hearing Loss Treatment Market Segmentation: By Treatment Type • Surgical Procedures • Drug Therapy • Implants • Others By End-User • Hospitals • Clinics • Others By Region • North America • Latin America • Europe • Asia Pacific • Rest of the World Competitive Landscape: • Tier 1 players- established companies in the market with a major market share • Tier 2 players • Emerging players which are growing rapidly • New Entrants FutureWise Key Takeaways • Growth prospects • SWOT analysis • Key trends • Key data-points affecting market growth Objectives of the Study: • To provide with an exhaustive analysis on the global market on the basis of treatment type, end user, and region • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) • To evaluate and forecast micro-markets and the overall market • To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions • Profiling of companies to evaluate their market shares, strategies, financials and core competencies
Causes for hearing loss can be many ranging from exposure to high volume noise to viral ear infections. However, hearing loss is ignored by many due to denial and embarrassment. Untreated hearing loss can not only affect the quality of life but also result in other health issues like dementia, cardiovascular disorders, diabetes, hypertension, depression and in some cases premature death. Besides, disability payment costs are considerably high and affect employability. The global hearing loss treatment market largely depends on factors like age, cause of hearing loss and severity of ear damage. Modern science has multiple ways to treat hearing loss with medical surgery, hearing aids/implants and drug therapy. Hearing Loss Treatment Market Overview Sudden hearing loss incidences, viral ear infections, ageing population, genetic syndrome, head trauma, exposure to high pitch machinery noises or aircraft sounds at the workplace are some of the widespread causes that induce the need for hearing loss treatment. The technological advancement in surgical procedures and innovations in hearing loss devices effectiveness are equally facilitating the multi-dollar growth in global market. General awareness around hearing loss treatment among public and hearing healthcare professionals is supposed to enhance the growth opportunities. Further, medicinal breakthroughs like drug discovery by NIDCD (National Institute on Deafness and Other Communication Disorders) that is capable of partially restoring sensory cells of inner ear create tremendous opportunities in terms of R&D investments. North America dominates the global market due to government initiatives to create awareness among the dense population as well as steps to aid ex-air force officials with hearing the loss in regions like Afghanistan. Europe is to follow the trend in order to curb per head healthcare costs as well as disability payment overhead. The Asia Pacific is a highly conducive region for the rapid growth of global market in the coming years.
Major market players are Audion Therapeutics BV, Starkey, Phonak, ReSound, Siemens,Cochlear,Sivantos,Widex,Med-El,Zounds Hearing and so on.
Hearing Loss Treatment Market Segmentation: By Treatment Type • Surgical Procedures • Drug Therapy • Implants • Others
By End-User • Hospitals • Clinics • Others
By Region • North America • Latin America • Europe • Asia Pacific • Rest of the World Competitive Landscape: • Tier 1 players- established companies in the market with a major market share • Tier 2 players • Emerging players which are growing rapidly • New Entrants
FutureWise Key Takeaways • Growth prospects • SWOT analysis • Key trends • Key data-points affecting market growth
Objectives of the Study: • To provide with an exhaustive analysis on the global market on the basis of treatment type, end user, and region • To cater comprehensive information on factors impacting market growth (drivers, restraints, opportunities, and industry-specific restraints) • To evaluate and forecast micro-markets and the overall market • To predict the market size, in key regions (along with countries)—North America, Europe, Asia Pacific, Latin America, and the Middle East • To record evaluate and competitive landscape mapping- product launches, technological advancements, mergers and expansions • Profiling of companies to evaluate their market shares, strategies, financials and core competencies
1. Market Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Years Considered for the Study 1.3.2 Market Covered 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2. Research Methodology 2.1 Research Data 2.1.1 Secondary Data 2.1.1.1 Key Data From Secondary Sources 2.1.2 Primary Data 2.1.2.1 Key Data From Primary Sources 2.2 Market Size Estimation 2.3 Market Breakdown and Data Triangulation 2.4 Assumptions for the Study 3. Executive Summary 3.1 Market Outlook 3.2 Segment Outlook 3.3 Competitive Insights 4. Global Hearing Loss Treatment Market Variables, Trends & Scope 4.1. Market Lineage Outlook 4.2. Penetration and Growth Prospect Mapping 4.3. Application Value Chain Analysis 4.4. Cost Analysis Breakdown 4.5. End User Overview 4.6. Regulatory Framework 4.6.1. Reimbursement Framework 4.6.2. Standards And Compliances 5. Market Overview 5.1. Market Dynamics 5.1.1. Market Driver Analysis 5.1.1.1. Increasing focus of Hearing Loss Device Manufacturers on Brand Protection 5.1.1.2. Untapped Opportunities in Emerging Regions 5.1.2. Market Restraint Analysis 5.1.2.1. Presence of Ambiguous Regulatory Framework 6. Global Hearing Loss Treatment Market Analysis Tools 6.1. Application Analysis - Porter’s 6.1.1. Supplier Power 6.1.2. Buyer Power 6.1.3. Substitution Threat 6.1.4. Threat from New Entrants 6.1.5. Competitive Rivalry 6.2. Pestel Analysis 6.2.1. Political Landscape 6.2.2. Environmental Landscape 6.2.3. Social Landscape 6.2.4. End User Landscape 6.2.5. Legal Landscape 6.3. Major Deals And Strategic Alliances Analysis 6.3.1. Joint Ventures 6.3.2. Mergers and Acquisitions 6.3.3. Licensing and Partnership 6.3.4. End User Collaborations 6.3.5. Strategic Divestments 6.4. Market Entry Strategies 6.5. Case Studies 7. Global Hearing Loss Treatment Market, By Treatment Type Historical Analysis and Forecast 2020-2027 (USD Million) 8.1. Surgical Procedures 8.2. Drug Therapy 8.3. Implants 8.4. Others 8. Global Hearing Loss Treatment Market, By End User Historical Analysis and Forecast 2020-2027 (USD Million) 8.1. Hospitals 8.2. Clinics 8.3. Others 9. North America Hearing Loss Treatment Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 9.1. Introduction 9.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 9.2.1. U.S.A 9.2.2. Canada 9.2.3. Mexico 9.3. Market Size (USD Million) Forecast for North America 2020-2027 10. Latin America Hearing Loss Treatment Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 10.1. Introduction 10.2. Regional Market Trends 10.3. Historical Market Size (USD Million) Analysis By Country, 2015-2019 10.3.1. Brazil 10.3.2. Venezuela 10.3.3. Argentina 10.3.4. Rest of Latin America 10.4. Market Size (USD Million) Forecast for Latin America 2020-2027 11. Europe Hearing Loss Treatment Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 11.1. Introduction 11.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 11.2.1. Germany 11.2.2. U.K 11.2.3. France 11.2.4. Italy 11.2.5. Spain 11.2.6. Russia 11.2.7. Poland 11.2.8. Switzerland 11.2.9. Rest of Western Europe 11.3. Market Size (USD Million) Forecast for Europe 2020-2027 12. Asia Pacific Hearing Loss Treatment Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 12.1. Introduction 12.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 12.2.1. Japan 12.2.2. China 12.2.3. Singapore 12.2.4. India 12.2.5. Australia and New Zealand 12.2.6. ASEAN 12.2.7. South Korea 12.2.8. Rest of Asia Pacific 12.3. Market Size (USD Million) Forecast for Asia Pacific 2020-2027 13. Middle East and Africa Hearing Loss Treatment Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 13.1. Introduction 13.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 13.2.1. Saudi Arabia 13.2.2. UAE 13.2.3. South Africa 13.2.4. Egypt 13.3. Market Size (USD Million) Forecast for MEA 2020-2027 14. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Connected Devices and End User Portfolio, Financial Layouts) 14.1. AUDIO THERAPEUTICS BV. 14.1.1. Company Overview 14.1.2. Product Portfolio 14.1.3. SWOT Analysis 14.1.4. Financial Overview 14.1.5. Strategic Overview 14.2. STARKEY 14.2.1. Company Overview 14.2.2. Product Portfolio 14.2.3. SWOT Analysis 14.2.4. Financial Overview 14.2.5. Strategic Overview 14.3. PHONAK 14.3.1. Company Overview 14.3.2. Product Portfolio 14.3.3. SWOT Analysis 14.3.4. Financial Overview 14.3.5. Strategic Overview 14.4. RESOUND 14.4.1. Company Overview 14.4.2. Product Portfolio 14.4.3. SWOT Analysis 14.4.4. Financial Overview 14.4.5. Strategic Overview 14.5. SIEMENS 14.5.1. Company Overview 14.5.2. Product Portfolio 14.5.3. SWOT Analysis 14.5.4. Financial Overview 14.5.5. Strategic Overview 15. FutureWise SME Key Takeaway Points for Client
1. Market Introduction 1.1 Objectives of the Study 1.2 Market Definition 1.3 Market Scope 1.3.1 Years Considered for the Study 1.3.2 Market Covered 1.4 Currency 1.5 Limitations 1.6 Stakeholders 2. Research Methodology 2.1 Research Data 2.1.1 Secondary Data 2.1.1.1 Key Data From Secondary Sources 2.1.2 Primary Data 2.1.2.1 Key Data From Primary Sources 2.2 Market Size Estimation 2.3 Market Breakdown and Data Triangulation 2.4 Assumptions for the Study 3. Executive Summary 3.1 Market Outlook 3.2 Segment Outlook 3.3 Competitive Insights 4. Global Hearing Loss Treatment Market Variables, Trends & Scope 4.1. Market Lineage Outlook 4.2. Penetration and Growth Prospect Mapping 4.3. Application Value Chain Analysis 4.4. Cost Analysis Breakdown 4.5. End User Overview 4.6. Regulatory Framework 4.6.1. Reimbursement Framework 4.6.2. Standards And Compliances 5. Market Overview 5.1. Market Dynamics 5.1.1. Market Driver Analysis 5.1.1.1. Increasing focus of Hearing Loss Device Manufacturers on Brand Protection 5.1.1.2. Untapped Opportunities in Emerging Regions 5.1.2. Market Restraint Analysis 5.1.2.1. Presence of Ambiguous Regulatory Framework 6. Global Hearing Loss Treatment Market Analysis Tools 6.1. Application Analysis - Porter’s 6.1.1. Supplier Power 6.1.2. Buyer Power 6.1.3. Substitution Threat 6.1.4. Threat from New Entrants 6.1.5. Competitive Rivalry 6.2. Pestel Analysis 6.2.1. Political Landscape 6.2.2. Environmental Landscape 6.2.3. Social Landscape 6.2.4. End User Landscape 6.2.5. Legal Landscape 6.3. Major Deals And Strategic Alliances Analysis 6.3.1. Joint Ventures 6.3.2. Mergers and Acquisitions 6.3.3. Licensing and Partnership 6.3.4. End User Collaborations 6.3.5. Strategic Divestments 6.4. Market Entry Strategies 6.5. Case Studies 7. Global Hearing Loss Treatment Market, By Treatment Type Historical Analysis and Forecast 2020-2027 (USD Million) 8.1. Surgical Procedures 8.2. Drug Therapy 8.3. Implants 8.4. Others 8. Global Hearing Loss Treatment Market, By End User Historical Analysis and Forecast 2020-2027 (USD Million) 8.1. Hospitals 8.2. Clinics 8.3. Others 9. North America Hearing Loss Treatment Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 9.1. Introduction 9.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 9.2.1. U.S.A 9.2.2. Canada 9.2.3. Mexico 9.3. Market Size (USD Million) Forecast for North America 2020-2027
10. Latin America Hearing Loss Treatment Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 10.1. Introduction 10.2. Regional Market Trends 10.3. Historical Market Size (USD Million) Analysis By Country, 2015-2019 10.3.1. Brazil 10.3.2. Venezuela 10.3.3. Argentina 10.3.4. Rest of Latin America 10.4. Market Size (USD Million) Forecast for Latin America 2020-2027 11. Europe Hearing Loss Treatment Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 11.1. Introduction 11.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 11.2.1. Germany 11.2.2. U.K 11.2.3. France 11.2.4. Italy 11.2.5. Spain 11.2.6. Russia 11.2.7. Poland 11.2.8. Switzerland 11.2.9. Rest of Western Europe 11.3. Market Size (USD Million) Forecast for Europe 2020-2027 12. Asia Pacific Hearing Loss Treatment Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 12.1. Introduction 12.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 12.2.1. Japan 12.2.2. China 12.2.3. Singapore 12.2.4. India 12.2.5. Australia and New Zealand 12.2.6. ASEAN 12.2.7. South Korea 12.2.8. Rest of Asia Pacific 12.3. Market Size (USD Million) Forecast for Asia Pacific 2020-2027 13. Middle East and Africa Hearing Loss Treatment Market Analysis 2015–2019 and Forecast 2020–2027 (USD Million) 13.1. Introduction 13.2. Historical Market Size (USD Million) Analysis By Country, 2015-2019 13.2.1. Saudi Arabia 13.2.2. UAE 13.2.3. South Africa 13.2.4. Egypt 13.3. Market Size (USD Million) Forecast for MEA 2020-2027 14. Company Profiles (Competition Dashboard, Competitors Deep Dive, Product Connected Devices and End User Portfolio, Financial Layouts) 14.1. AUDIO THERAPEUTICS BV. 14.1.1. Company Overview 14.1.2. Product Portfolio 14.1.3. SWOT Analysis 14.1.4. Financial Overview 14.1.5. Strategic Overview 14.2. STARKEY 14.2.1. Company Overview 14.2.2. Product Portfolio 14.2.3. SWOT Analysis 14.2.4. Financial Overview 14.2.5. Strategic Overview 14.3. PHONAK 14.3.1. Company Overview 14.3.2. Product Portfolio 14.3.3. SWOT Analysis 14.3.4. Financial Overview 14.3.5. Strategic Overview 14.4. RESOUND 14.4.1. Company Overview 14.4.2. Product Portfolio 14.4.3. SWOT Analysis 14.4.4. Financial Overview 14.4.5. Strategic Overview 14.5. SIEMENS 14.5.1. Company Overview 14.5.2. Product Portfolio 14.5.3. SWOT Analysis 14.5.4. Financial Overview 14.5.5. Strategic Overview 15. FutureWise SME Key Takeaway Points for Client
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