Market revenue in 2023 | USD 195.6 million |
Market revenue in 2030 | USD 263.8 million |
Growth rate | 4.4% (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 |
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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 91% in 2023. Horizon Databook has segmented the Sweden hearing loss disease treatment market based on devices, drugs covering the revenue growth of each sub-segment from 2018 to 2030.
To deal with considerable prevalence of hearing loss, the government of Sweden launched a national registry for adults with STPHL (severe-to-profound hearing loss) in 2005. The registry is also assisting the government to investigate reasons for hearing loss and to plan strategic policies for rehabilitation of patients.
Along with government, several market players in Sweden are also focusing on partnerships and collaborations to consolidate supply chain of hearing devices in the country. In February 2023, AB Transistor Sweden and Audientes A/S entered into strategic collaboration for distribution and sale of Audientes’ cutting edge hearing aids.
The collaboration is emphasizing on distribution of new hearing aids through AB Transistor’s online store in Sweden.
Horizon Databook provides a detailed overview of country-level data and insights on the Sweden hearing loss disease treatment market, including forecasts for subscribers. This country databook contains high-level insights into Sweden hearing loss disease treatment market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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