Italy Hearing Loss Disease Treatment Market Size & Outlook
Italy hearing loss disease treatment market, 2018-2030 (US$M)
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Italy hearing loss disease treatment market highlights
- The Italy hearing loss disease treatment market generated a revenue of USD 303.5 million in 2023 and is expected to reach USD 405.2 million by 2030.
- The Italy market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
- In terms of segment, devices was the largest revenue generating product in 2023.
- Drugs is the most lucrative product segment registering the fastest growth during the forecast period.
Hearing loss disease treatment market data book summary
| Market revenue in 2023 | USD 303.5 million |
| Market revenue in 2030 | USD 405.2 million |
| Growth rate | 4.2% (CAGR from 2023 to 2030) |
| Largest segment | Devices |
| Fastest growing segment | Drugs |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Devices, Drugs |
| Key market players worldwide | Novartis AG ADR, Frequency Therapeutics, Acousia Therapeutics, Sensorion, Pipeline Therapeutics, Audina Hearing Instruments, Astellas Pharma Inc |
Other key industry trends
- In terms of revenue, Italy accounted for 2.2% of the global hearing loss disease treatment market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany hearing loss disease treatment market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 2,083.9 million by 2030.
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Hearing Loss Disease Treatment Market Scope
Hearing Loss Disease Treatment Market Companies
| Name | Profile | # Employees | HQ | Website |
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Italy hearing loss disease treatment 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 loss disease treatment market will help companies and investors design strategic landscapes.
Devices was the largest segment with a revenue share of 90.97% in 2023. Horizon Databook has segmented the Italy hearing loss disease treatment market based on devices, drugs covering the revenue growth of each sub-segment from 2018 to 2030.
Increase in demand for advanced hearing aids and therapeutics in the country coupled with high prevalence of hearing loss is likely to accelerate market growth. Furthermore, advancements by leading players are also estimated to boost the Italy hearing loss disease treatment market by 2030.
In November 2019, Italy-based hearing care company, Amplifon, joined EHIMA, Europe’s major manufacturing association. Moreover, in January 2023, Inventis and GSI Grason-Stadler entered into strategic partnership to consolidate their distribution network in Italy audiological market.
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Target buyers of Italy hearing loss disease treatment market databook
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Our clientele includes a mix of hearing loss disease treatment market companies, investment firms, advisory firms & academic institutions.
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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 country-level data and insights on the Italy hearing loss disease treatment market, including forecasts for subscribers. This country databook contains high-level insights into Italy hearing loss disease treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy hearing loss disease treatment market report size, by product, 2018-2030 (US$M)
Italy Hearing Loss Disease Treatment Market Share, 2023 & 2030 (US$M)
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