MIDDLE EAST AND AFRICA HEARING AIDS MARKET 2022-2028

 

 

TABLE OF CONTENTS

1. MIDDLE EAST AND AFRICA HEARING AIDS MARKET – SUMMARY

2. INDUSTRY OUTLOOK

2.1. IMPACT OF COVID-19 ON THE HEARING AIDS MARKET

2.2. KEY INSIGHTS

2.3. PORTER’S FIVE FORCES MODEL

2.3.1. THREAT OF NEW ENTRANTS

2.3.2. THREAT OF SUBSTITUTE

2.3.3. BARGAINING POWER OF BUYER

2.3.4. BARGAINING POWER OF SUPPLIER

2.3.5. INTENSITY OF COMPETITIVE RIVALRY

2.4. SUPPLY CHAIN ANALYSIS

2.5. KEY BUYING CRITERIA

2.6. MARKET ATTRACTIVENESS INDEX

2.7. VENDOR SCORECARD

2.8. KEY STRATEGIC DEVELOPMENTS

2.8.1. CONTRACTS AND PARTNERSHIPS

2.8.2. BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES

2.8.3. ACQUISITIONS & MERGERS

2.8.4. NEW PRODUCT LAUNCHES & DEVELOPMENTS

2.9. MARKET DRIVERS

2.9.1. INCREASING OCCURRENCE OF HEARING LOSS WORLDWIDE

2.9.2. RISING INITIATIVES AND AWARENESS ABOUT HEARING AID DEVICES

2.10. MARKET CHALLENGES

2.10.1. LOW PENETRATION AND ADOPTION OF HEARING AIDS

2.10.2. HIGH COST OF DEVICES ASSOCIATED WITH HEARING AIDS

2.10.3. PRESENCE OF COST-EFFECTIVE ALTERNATIVES TO HEARING AID DEVICES

2.11. MARKET OPPORTUNITIES

2.11.1. POTENTIAL FOR HEARING AIDS IN EMERGING ECONOMIES

2.11.2. ADVANCEMENT IN TECHNOLOGY

3. MIDDLE EAST AND AFRICA HEARING AIDS MARKET – BY PRODUCT

3.1. HEARING AID DEVICES

3.1.1. BEHIND-THE-EAR (BTE)

3.1.2. IN-THE-CANAL (ITC) AND COMPLETELY-IN-THE-CANAL (CIC)

3.1.3. IN-THE-EAR (ITE)

3.1.4. OTHER HEARING AID DEVICES

3.2. HEARING IMPLANTS

3.2.1. COCHLEAR IMPLANTS

3.2.2. BONE-ANCHORED SYSTEMS

4. MIDDLE EAST AND AFRICA HEARING AIDS MARKET – BY TECHNOLOGY

4.1. DIGITAL HEARING AIDS

4.2. CONVENTIONAL HEARING AIDS

5. MIDDLE EAST AND AFRICA HEARING AIDS MARKET – BY TYPES OF HEARING LOSS

5.1. SENSORINEURAL HEARING LOSS

5.2. CONDUCTIVE HEARING LOSS

6. MIDDLE EAST AND AFRICA HEARING AIDS MARKET – BY PATIENT TYPE

6.1. ADULTS

6.2. PEDIATRICS/CHILDREN

7. MIDDLE EAST AND AFRICA HEARING AIDS MARKET – BY DISTRIBUTION CHANNEL

7.1. AUDIOLOGY AND ENT CLINICS

7.2. PHARMACIES

7.3. HOSPITALS

8. MIDDLE EAST AND AFRICA HEARING AIDS MARKET – COUNTRY OUTLOOK

8.1. SAUDI ARABIA

8.2. TURKEY

8.3. UNITED ARAB EMIRATES

8.4. SOUTH AFRICA

8.5. REST OF MIDDLE EAST & AFRICA

9. COMPANY PROFILES

9.1. AMPLIFON

9.2. ARPHI ELECTRONICS PVT LTD

9.3. AUDINA HEARING INSTRUMENTS INC

9.4. COCHLEAR LTD

9.5. GN STORE NORD AS

9.6. HORENTEK

9.7. MED EL

9.8. MICROSON

9.9. RION CO LTD

9.10. SEBOTEK HEARING SYSTEMS LLC

9.11. SIEMENS AG

9.12. SONOVA

9.13. STARKEY

9.14. DEMANT AS

9.15. ZOUNDS HEARING

10. RESEARCH METHODOLOGY & SCOPE

10.1. RESEARCH SCOPE & DELIVERABLES

10.1.1. OBJECTIVES OF STUDY

10.1.2. SCOPE OF STUDY

10.2. SOURCES OF DATA

10.2.1. PRIMARY DATA SOURCES

10.2.2. SECONDARY DATA SOURCES

10.3. RESEARCH METHODOLOGY

10.3.1. EVALUATION OF PROPOSED MARKET

10.3.2. IDENTIFICATION OF DATA SOURCES

10.3.3. ASSESSMENT OF MARKET DETERMINANTS

10.3.4. DATA COLLECTION

10.3.5. DATA VALIDATION & ANALYSIS

 

 

LIST OF TABLES

TABLE 1: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

TABLE 2: VENDOR SCORECARD

TABLE 3: LIST OF CONTRACTS AND PARTNERSHIPS

TABLE 4: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES

TABLE 5: LIST OF ACQUISITIONS & MERGERS

TABLE 6: LIST OF NEW PRODUCT LAUNCHES & DEVELOPMENTS

TABLE 7: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY PRODUCT, 2022-2028 (IN $ MILLION)

TABLE 8: MIDDLE EAST AND AFRICA HEARING AID DEVICES MARKET, BY TYPES, 2022-2028 (IN $ MILLION)

TABLE 9: MIDDLE EAST AND AFRICA HEARING IMPLANTS MARKET, BY TYPES, 2022-2028 (IN $ MILLION)

TABLE 10: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY TECHNOLOGY, 2022-2028 (IN $ MILLION)

TABLE 11: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY TYPES OF HEARING LOSS, 2022-2028 (IN $ MILLION)

TABLE 12: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY PATIENT TYPE, 2022-2028 (IN $ MILLION)

TABLE 13: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY DISTRIBUTION CHANNEL, 2022-2028 (IN $ MILLION)

TABLE 14: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, COUNTRY OUTLOOK, 2022-2028 (IN $ MILLION)

 

 

LIST OF FIGURES

FIGURE 1: SUPPLY CHAIN ANALYSIS IN THE HEARING AIDS INDUSTRY

FIGURE 2: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY PRODUCT, 2021 & 2028 (IN %)

FIGURE 3: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY HEARING AID DEVICES, 2022-2028 (IN $ MILLION)

FIGURE 4: MIDDLE EAST AND AFRICA HEARING AID DEVICES MARKET, BY BEHIND-THE-EAR (BTE), 2022-2028 (IN $ MILLION)

FIGURE 5: MIDDLE EAST AND AFRICA HEARING AID DEVICES MARKET, BY IN-THE-CANAL (ITC) AND COMPLETELY-IN-THE-CANAL (CIC), 2022-2028 (IN $ MILLION)

FIGURE 6: MIDDLE EAST AND AFRICA HEARING AID DEVICES MARKET, BY IN-THE-EAR (ITE), 2022-2028 (IN $ MILLION)

FIGURE 7: MIDDLE EAST AND AFRICA HEARING AID DEVICES MARKET, BY OTHER HEARING AID DEVICES, 2022-2028 (IN $ MILLION)

FIGURE 8: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY HEARING IMPLANTS, 2022-2028 (IN $ MILLION)

FIGURE 9: MIDDLE EAST AND AFRICA HEARING IMPLANTS MARKET, BY COCHLEAR IMPLANTS, 2022-2028 (IN $ MILLION)

FIGURE 10: MIDDLE EAST AND AFRICA HEARING IMPLANTS MARKET, BY BONE-ANCHORED SYSTEMS, 2022-2028 (IN $ MILLION)

FIGURE 11: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY TECHNOLOGY, 2021 & 2028 (IN %)

FIGURE 12: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY DIGITAL HEARING AIDS, 2022-2028 (IN $ MILLION)

FIGURE 13: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY CONVENTIONAL HEARING AIDS, 2022-2028 (IN $ MILLION)

FIGURE 14: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY TYPES OF HEARING LOSS, 2021 & 2028 (IN %)

FIGURE 15: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY SENSORINEURAL HEARING LOSS, 2022-2028 (IN $ MILLION)

FIGURE 16: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY CONDUCTIVE HEARING LOSS, 2022-2028 (IN $ MILLION)

FIGURE 17: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY PATIENT TYPE, 2021 & 2028 (IN %)

FIGURE 18: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY ADULTS, 2022-2028 (IN $ MILLION)

FIGURE 19: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY PEDIATRICS/CHILDREN, 2022-2028 (IN $ MILLION)

FIGURE 20: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY DISTRIBUTION CHANNEL, 2021 & 2028 (IN %)

FIGURE 21: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY AUDIOLOGY AND ENT CLINICS, 2022-2028 (IN $ MILLION)

FIGURE 22: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY PHARMACIES, 2022-2028 (IN $ MILLION)

FIGURE 23: MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY HOSPITALS, 2022-2028 (IN $ MILLION)

FIGURE 24: SAUDI ARABIA HEARING AIDS MARKET 2022-2028 (IN $ MILLION)

FIGURE 25: TURKEY HEARING AIDS MARKET 2022-2028 (IN $ MILLION)

FIGURE 26: UNITED ARAB EMIRATES HEARING AIDS MARKET 2022-2028 (IN $ MILLION)

FIGURE 27: SOUTH AFRICA HEARING AIDS MARKET 2022-2028 (IN $ MILLION)

FIGURE 28: REST OF MIDDLE EAST & AFRICA HEARING AIDS MARKET 2022-2028 (IN $ MILLION)

 

 

MARKET OUTLOOK

Triton Market Research's study on the hearing aids market in the Middle East and Africa puts forth that this industry is likely to witness growth, with a CAGR of 6.23% over the forecasting years 2022-2028. Turkey, the United Arab Emirates, South Africa, Saudi Arabia, and Rest of Middle East & Africa together form the market in this region.

Istanbul in Turkey has one of the highest incidence rates for hearing loss, worldwide. Data from TurkStat puts forth that the percentage of older adults (those over 65 years old) increased by 16% between 2013 and 2018, accounting for 7.1 million people. Devices to aid hearing are largely used by people in this age group due to problems, such as hearing loss, associated with aging. Therefore, the growing adoption of hearing aid devices is anticipated to propel the growth of the Turkish hearing aids market over the forecasting period.

But not just the elderly, but infants and children are also being increasingly affected by hearing-related conditions. For instance, data published by the Turkish Health Ministry in 2020 showed that, every year, nearly 1.2 million babies are born in the country. And 2-3 babies out of every 1,000 born are affected by advanced hearing loss. This number is expected to escalate in the coming years, depending on numerous factors like ear infections and childhood diseases. Therefore, a rising demand for hearing aids is seen in Turkey, which is anticipated to boost the market growth in the coming period.

 

Get more insights into the Middle East And Africa Hearing Aids Market:

 

https://www.tritonmarketresearch.com/reports/middle-east-and-africa-hearing-aids-market

 

COMPETITIVE OUTLOOK

The dominant players in the hearing aids market include Sebotek Hearing Systems LLC, Demant AS, Arphi Electronics Pvt Ltd, Audina Hearing Instruments Inc, Rion Co Ltd, Cochlear Ltd, Med El, and Siemens AG.

 

 

SEGMENTATION

1. AMPLIFON

2. ARPHI ELECTRONICS PVT LTD

3. AUDINA HEARING INSTRUMENTS INC

4. COCHLEAR LTD

5. GN STORE NORD AS

6. HORENTEK

7. MED EL

8. MICROSON

9. RION CO LTD

10. SEBOTEK HEARING SYSTEMS LLC

11. SIEMENS AG

12. SONOVA

13. STARKEY

14. DEMANT AS

15. ZOUNDS HEARING