Global Hearing Aids Market Size & Outlook, 2023-2030
Global hearing aids market, 2018-2030 (US$M)
Related Markets
Global hearing aids market highlights
- The global hearing aids market generated a revenue of USD 6,310.3 million in 2023 and is expected to reach USD 9,964.7 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.7% by 2030.
- In terms of segment, outpatient facilities accounted for a revenue of USD 5,040.8 million in 2023.
- OUTPATIENT FACILITIES is the most lucrative end use segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, Norway is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 6,310.3 million |
| Market revenue in 2030 | USD 9,964.7 million |
| Growth rate | 6.7% (CAGR from 2023 to 2030) |
| Largest segment | Outpatient facilities |
| Fastest growing segment | OUTPATIENT FACILITIES |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | HOSPITALS, OUTPATIENT FACILITIES |
Other key industry trends
- In terms of revenue, the North America accounted for 27.6% of the global hearing aids market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 34.6 million by 2030.
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Hearing Aids Market Scope
Hearing Aids Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global hearing aids market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hearing aids market will help companies and investors design strategic landscapes.
Outpatient facilities was the largest segment with a revenue share of 79.88% in 2023. Horizon Databook has segmented the Global hearing aids market based on hospitals, outpatient facilities covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Hearing Aids End Use Outlook (Revenue, USD Million, 2018-2030)
- HOSPITALS
- OUTPATIENT FACILITIES
- HOME CARE
- RESEARCH AND MANUFACTURING
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Target buyers of Global hearing aids market databook
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Our clientele includes a mix of hearing aids market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global hearing aids market , including forecasts for subscribers. This global databook contains high-level insights into Global hearing aids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global hearing aids market size, by region, 2018-2030 (US$M)
Top 10 countries: Hearing aids market size, 2023 (US$M)
Global hearing aids market share, by end use, 2023 & 2030 (%, US$M)
Hearing aids market: Opportunity assessment by country
Global hearing aids market, by region, 2023 (US$M)
Related regional statistics
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