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Pulished Date August, 2019
ID: 3638
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Middle East & Africa Hearing Aid Market Research Report – Segmented By Hearing Loss, Product, End-User & By Country (KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA) - Industry Analysis, Size, Share, Growth, Trends, Forecast (2019-2024)

Pulished: August, 2019
ID: 3638
Pages: 145

The size of the MEA Hearing Aid Market is expected to grow from USD 0.7 million in 2019 to USD 660 million by 2024, growing at a CAGR of 0.740 during the forecast period. It captures 10% of the global market.

Rising hearing loss issues in newborn babies are the main driving factor for the market growth. Increasing focus on reducing high-frequency hearing loss patients is also escalating the growth of the market to the extent. Growing incidences of hearing loss along with increasing geriatric population are eventually boosting up the demand for the Hearing Aid Market in Middle East & Africa. Escalating expenditure on healthcare is also accelerating the demand of this market. The rise in infectious diseases is also one of the factors leading to cause hearing loss problems which are promoting the demand for this market. 

However, smart hearing aids devices cost very high due to their advanced features are slowly hindering the growth rate of the market. The government is being very strict in approving new products to promote public safety which is a challenging factor for the market to grow. Also, fluctuations in the prices of the final products are another attribute impeding the demand of the Middle East & Africa Hearing Aid Market. Lack of certain knowledge in the usage of these devices more effectively is also one of the factors limiting the demand of the market. 

Adoption of the latest technologies in the medical sector and also increasing support from the IT sector are sole to provide growth opportunities for the market. Rising capital income in developed countries is certainly to boost up the growth of the Middle East & Africa Hearing Aid Market. Growing focus on introducing innovative products is additionally leveraging the demand of the market. Also, the trend towards early detection and diagnosis of a disease is elevating the growth rate of the Middle East & Africa Hearing Aid Market. Furthermore, the rising scale of industries and increasing emission of noise pollution from various companies is ascribed to bolster the demand of the market. 

This report segmented and sub-segmented the MEA Hearing Aid Market into the following categories:

  • By Hearing Loss: Sensorineural and Conductive
  • By Product: In-The-Ear, Canal Hearing Aids, Receiver-In-The-Ear, Behind-The-Ear, Cochlear Implants and Bone Anchored Systems
  • By End-User: Adults and Paediatrics
  • By Country: KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA

Notable companies in the MEA Hearing Aid Market profiled in this report are GN Store Nord A/S (Denmark), Cochlear Limited (Australia), MED-EL (Austria), SeboTek Hearing Systems, Starkey Hearing Technologies, Inc. (U.S.), Widex (Denmark), William Demant Holding A/S (Denmark), LLC (U.S.), Sivantos Pte. Ltd. (Singapore), Sonova (Switzerland), and Zounds Hearing, Inc. (U.S.).

1. Introduction             

1.1 Market Definition

1.2 Study Deliverables  

1.3 Base Currency, Base Year and Forecast Periods      

1.4 General Study Assumptions

2. Research Methodology       

2.1 Introduction           

2.2 Research Phases  

2.2.1 Secondary Research           

2.2.2 Primary Research 

2.2.3 Econometric Modelling      

2.2.4 Expert Validation  

2.3 Analysis Design     

2.4 Study Timeline      

3. Overview   

3.1 Executive Summary

3.2 Key Inferences     

3.3 Epidemology          

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)

4.1 Market Drivers      

4.2 Market Restraints

4.3 Key Challenges     

4.4 Current Opportunities in the Market          

5. Market Segmentation          

5.1 Product    

5.1.1 Introduction           

5.1.2 Hearing AID Devices            

5.1.2.1 Receiver-In-The-Ear (RITE) Hearing AIDS

5.2.2.2 Behind-The-Ear (BTE) Hearing AIDS          

5.2.2.3 Canal Hearing AIDS          

5.2.2.4 In-The-Ear (ITE) Hearing AIDS      

5.2.2.5 Other Hearing AIDS         

5.1.3 Hearing Implants  

5.1.3.1 Cochlear Implants            

5.1.3.2 Bone-Anchored Systems              

5.1.4  Y-o-Y Growth Analysis, By Product              

5.1.5  Market Attractiveness Analysis, By Product            

5.1.6  Market Share Analysis, By Product              

5.2 Type of Hearing Loss          

5.2.1 Introduction           

5.2.2 Sensorineural Hearing Loss              

5.2.3 Conductive Hearing Loss   

5.2.4 Y-o-Y Growth Analysis, By Type of Hearing Loss      

5.2.5 Market Attractiveness Analysis, By Type of Hearing Loss    

5.2.6 Market Share Analysis, By Type of Hearing Loss     

5.3 End User  

5.3.1 Introduction           

5.3.2 Adults       

5.3.3 Pediatrics 

5.3.4 Y-o-Y Growth Analysis, By End User             

5.3.5  Market Attractiveness Analysis, By End User          

5.3.6  Market Share Analysis, By End User            

6. Geographical Analysis          

6.1 Introduction           

6.1.1 Regional Trends    

6.1.2 Impact Analysis     

6.1.3 Y-o-Y Growth Analysis        

6.1.3.1 By Geographical Area     

6.1.3.2 By Product           

6.1.3.3 By Type of Hearing Loss 

6.1.3.4 By End User        

6.1.4  Market Attractiveness Analysis     

6.1.4.1 By Geographical Area     

6.1.4.2 By Product           

6.1.4.3 By Type of Hearing Loss 

6.1.4.4 By End User        

6.1.5  Market Share Analysis      

6.1.5.1 By Geographical Area     

6.1.5.2 By Product           

6.1.5.3 By Type of Hearing Loss 

6.1.5.4 By End User        

6.2 Middle-East            

6.3 Africa        

7. Strategic Analysis   

7.1 PESTLE analysis     

7.1.1 Political     

7.1.2 Economic 

7.1.3 Social         

7.1.4 Technological         

7.1.5 Legal          

7.1.6 Environmental       

7.2 Porter’s Five analysis          

7.2.1 Bargaining Power of Suppliers        

7.2.2 Bargaining Power of Consumers    

7.2.3 Threat of New Entrants     

7.2.4 Threat of Substitute Products and Services              

7.2.5 Competitive Rivalry within the Industry     

8. Market Leaders' Analysis    

8.1 Sonova Holding Ag  

8.1.1 Overview 

8.1.2 Product Analysis   

8.1.3 Financial analysis  

8.1.4 Recent Developments       

8.1.5 SWOT analysis       

8.1.6 Analyst View          

8.2 William Demant Holding A/S           

8.3 GN Store Nord A/S  

8.4 Cochlear Limited  

8.5 Sivantos Pte. Ltd. 

8.6 Starkey Hearing Technologies, Inc.   

8.7 Widex       

8.8 Med-El     

8.9 Zounds Hearing, Inc.           

8.10 Sebotek Hearing Systems, Llc       

9. Competitive Landscape       

9.1 Market share analysis        

9.2 Merger and Acquisition Analysis   

9.3 Agreements, collaborations and Joint Ventures     

9.4 New Product Launches     

10. Market Outlook and Investment Opportunities     

Appendix       

a) List of Tables

b) List of Figures          

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms of Hearing Loss, product and end user along with market size forecasts and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the middle east and africa market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Middle East and Africa Hearing Aid Market By Products, From 2019-2024 ( USD Million )
  2. Middle East and Africa Hearing Aid Devices Market By Region, From 2019-2024 ( USD Million )
  3. Middle East and Africa Hearing Implants Market By Region, From 2019-2024 ( USD Million )
  4. Middle East and Africa Hearing Aid Market By Type of Hearing Loss, From 2019-2024 ( USD Million )
  5. Middle East and Africa Sensorineural Market By Region, From 2019-2024 ( USD Million )
  6. Middle East and Africa Conductive Market By Region, From 2019-2024 ( USD Million )
  7. Middle East and Africa Hearing Aid Market By End-user, From 2019-2024 ( USD Million )
  8. Middle East and Africa Adult Market By Region, From 2019-2024 ( USD Million )
  9. Middle East and Africa Pediatric Market By Region, From 2019-2024 ( USD Million )
  10. Middle East Hearing Aid Market By Products, From 2019-2024 ( USD Million )
  11. Middle East Hearing Aid Market By Type of Hearing Loss, From 2019-2024 ( USD Million )
  12. Middle East Hearing Aid Market By End-user, From 2019-2024 ( USD Million )
  13. Africa Hearing Aid Market By Products, From 2019-2024 ( USD Million )
  14. Africa Hearing Aid Market By Type of Hearing Loss, From 2019-2024 ( USD Million )
  15. Africa Hearing Aid Market By End-user, From 2019-2024 ( USD Million )

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