MIDDLE EAST AND AFRICA HEARING AIDS MARKET 2020-2028

Lifesciences | Medical Devices & Consumables

MIDDLE EAST AND AFRICA HEARING AIDS MARKET 2020-2028

Market By Types Of Hearing Loss, Types Of Patient, Product, And Geography | Forecast 2020-2028

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As per a Triton Market Research report, the Middle East and Africa market for hearing aids is set to surge with 6.08% CAGR during the forecasting years between 2020 and 2028.



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The countries considered for analysis in this report include:

           Saudi Arabia

           Turkey

           South Africa

           The United Arab Emirate

           Rest of MEA

The World Health Organization has stated that approx. 16.5 million individuals in the Middle East and North Africa were reported to have disability hearing loss (DHL) in 2018. This has led to a substantial increase in the adoption of hearing aids in the region, thereby driving the market growth for hearing aids during the forecast period.

Further, South Africa had close to 4.6 million people aged 60 and above in 2017, forming 8.1% of the country’s total population in that year. The elderly population is more vulnerable to hearing loss. As hearing aids assist the older adults in hearing functionality, there has been increased adoption of these devices in the elderly. Therefore, the growing aging populace is contributing to the growth of the Middle East and Africa’s hearing aids market.

Statistics suggest that, in Saudi Arabia, there is a high incidence of hearing loss in industrial workers exposed to noise, as compared to those not exposed. Additionally, it is estimated that the aged population in the country would reach 25% of its total population by the year 2050, at 40 million, with the number of people aged 80 and above to reach 1.6 million or 4%. These factors would aid the adoption of hearing aid devices, which would propel the market for hearing devices in Saudi Arabia.

Established in 1944, Rion Co Ltd is engaged in designing, developing, manufacturing, and commercializing hearing instruments, sound & vibration measuring instruments, and other medical equipment. The company also has a business presence in the Middle East, in countries like Saudi Arabia, Oman, and Syria, among others.

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Table of Content

1.    MIDDLE EAST AND AFRICA HEARING AIDS MARKET - SUMMARY

2.    INDUSTRY OUTLOOK

2.1. PORTER’S FIVE FORCES MODEL

2.1.1.   THREAT OF NEW ENTRANTS

2.1.2.   THREAT OF SUBSTITUTE

2.1.3.   BARGAINING POWER OF BUYER

2.1.4.   BARGAINING POWER OF SUPPLIER

2.1.5.   INTENSITY OF COMPETITIVE RIVALRY

2.2. SUPPLY CHAIN ANALYSIS

2.3. KEY INSIGHT

2.4. KEY BUYING CRITERIA

2.5. REGULATORY FRAMEWORK

2.6. MARKET ATTRACTIVENESS INDEX

2.7. MARKET DRIVERS

2.7.1.   POTENTIAL FOR HEARING AIDS IN EMERGING ECONOMIES

2.7.2.   ADVANCEMENT IN TECHNOLOGY

2.7.3.   INCREASING GERIATRIC POPULATION

2.8. MARKET RESTRAINTS

2.8.1.   LOW PENETRATION AND ADOPTION OF HEARING AIDS

2.8.2.   HIGH COST OF DEVICES ASSOCIATED WITH HEARING AIDS

2.9. MARKET OPPORTUNITIES

2.9.1.   ADOPTION OF LITHIUM-ION BATTERIES

2.9.2.   GROWING OCCURRENCE OF HEARING LOSS

2.10. MARKET CHALLENGES

2.10.1. LACK OF REIMBURSEMENT

2.10.2. LACK OF AWARENESS

3.    HEARING AIDS MARKET OUTLOOK - BY TYPES OF HEARING LOSS

3.1. SENSORINEURAL HEARING LOSS

3.2. CONDUCTIVE HEARING LOSS

4.    HEARING AIDS MARKET OUTLOOK - BY TYPES OF PATIENT

4.1. ADULTS

4.2. PEDIATRICS

5.    HEARING AIDS MARKET OUTLOOK - BY PRODUCT

5.1. HEARING AIDS DEVICES

5.2. HEARING IMPLANTS

6.    HEARING AIDS MARKET – MIDDLE EAST AND AFRICA

6.1. COUNTRY ANALYSIS

6.1.1.   SAUDI ARABIA

6.1.2.   TURKEY

6.1.3.   UNITED ARAB EMIRATES

6.1.4.   SOUTH AFRICA

6.1.5.   REST OF MIDDLE EAST & AFRICA

7.    COMPANY PROFILES

7.1. AMPLIFON

7.2. ARPHI ELECTRONICS PVT LTD

7.3. AUDINA HEARING INSTRUMENTS INC

7.4. COCHLEAR LTD

7.5. GN STORE NORD A/S

7.6. HORENTEK

7.7. MED-EL

7.8. MICROSON

7.9. RION CO LTD

7.10. SEBOTEK HEARING SYSTEMS LLC

7.11.  SIEMENS AG

7.12. SONOVA

7.13.  STARKEY

7.14.  DEMANT A/S

7.15.  ZOUNDS HEARING

8.    RESEARCH METHODOLOGY & SCOPE

8.1. RESEARCH SCOPE & DELIVERABLES

8.1.1.   OBJECTIVES OF STUDY

8.1.2.   SCOPE OF STUDY

8.2. SOURCES OF DATA

8.2.1.   PRIMARY DATA SOURCES

8.2.2.   SECONDARY DATA SOURCES

8.3. RESEARCH METHODOLOGY

8.3.1.   EVALUATION OF PROPOSED MARKET

8.3.2.   IDENTIFICATION OF DATA SOURCES

8.3.3.   ASSESSMENT OF MARKET DETERMINANTS

8.3.4.   DATA COLLECTION

8.3.5.   DATA VALIDATION & ANALYSIS

List of table

TABLE 1        MIDDLE EAST AND AFRICA HEARING AIDS MARKET 2020-2028 ($ MILLION)

TABLE 2        MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY TYPES OF HEARING LOSS, 2020-2028 ($ MILLION)

TABLE 3        MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY TYPES OF PATIENT, 2020-2028 ($ MILLION)

TABLE 4        MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY PRODUCTS, 2020-2028 ($ MILLION)

TABLE 5        MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY COUNTRY, 2020-2028 ($ MILLION)

List of Figures

FIGURE 1      MIDDLE EAST AND AFRICA HEARING AIDS MARKET 2020-2028 ($ MILLION)

FIGURE 2      SUPPLY CHAIN ANALYSIS IN HEARING AIDS INDUSTRY

FIGURE 3      KEY BUYING CRITERIA

FIGURE 4      NUMBER OF PEOPLE WITH HEARING LOSS (MILLION)

FIGURE 5      MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY SENSORINEURAL HEARING LOSS, 2020-2028 ($ MILLION)

FIGURE 6      MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY CONDUCTIVE HEARING LOSS, 2020-2028 ($ MILLION)

FIGURE 7      MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY ADULTS, 2020-2028 ($ MILLION)

FIGURE 8      MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY PEDIATRICS, 2020-2028 ($ MILLION)

FIGURE 9      MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY HEARING AIDS DEVICES, 2020-2028 ($ MILLION)

FIGURE 10   MIDDLE EAST AND AFRICA HEARING AIDS MARKET, BY HEARING IMPLANTS, 2020-2028 ($ MILLION)

FIGURE 11   SAUDI ARABIA HEARING AIDS MARKET 2020-2028 ($ MILLION)

FIGURE 12   TURKEY HEARING AIDS MARKET 2020-2028 ($ MILLION)

FIGURE 13   UNITED ARAB EMIRATES HEARING AIDS MARKET 2020-2028 ($ MILLION)

FIGURE 14   SOUTH AFRICA HEARING AIDS MARKET 2020-2028 ($ MILLION)

FIGURE 15   REST OF MIDDLE EAST AND AFRICA HEARING AIDS MARKET 2020-2028 ($ MILLION)

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