France Over-the-counter (otc) Hearing Aids Market Size & Outlook
France over-the-counter (otc) hearing aids market, 2018-2030 (US$M)
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France over-the-counter (otc) hearing aids market highlights
- The France over-the-counter (otc) hearing aids market generated a revenue of USD 61.5 million in 2023 and is expected to reach USD 98.7 million by 2030.
- The France market is expected to grow at a CAGR of 7% from 2024 to 2030.
- In terms of segment, canal hearing aids was the largest revenue generating product in 2023.
- Behind-the-Ear Hearing Aids is the most lucrative product segment registering the fastest growth during the forecast period.
Over-the-counter (otc) hearing aids market data book summary
| Market revenue in 2023 | USD 61.5 million |
| Market revenue in 2030 | USD 98.7 million |
| Growth rate | 7% (CAGR from 2023 to 2030) |
| Largest segment | Canal hearing aids |
| Fastest growing segment | Behind-the-Ear Hearing Aids |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | In-the-Ear Hearing Aids, Receiver-in-the-Ear Hearing Aids, Behind-the-Ear Hearing Aids, Canal Hearing Aids |
| Key market players worldwide | PatientPop, GN Store Nord A/S, Sony Group Corp, Audicus, Lexie Hearing |
Other key industry trends
- In terms of revenue, France accounted for 5.5% of the global over-the-counter (otc) hearing aids market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, UK over-the-counter (otc) hearing aids market is projected to lead the regional market in terms of revenue in 2030.
- France is the fastest growing regional market in Europe and is projected to reach USD 98.7 million by 2030.
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Over-The-Counter (OTC) Hearing Aids Market Scope
Over-The-Counter (OTC) Hearing Aids Market Companies
| Name | Profile | # Employees | HQ | Website |
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France over-the-counter (otc) 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 over-the-counter (otc) hearing aids market will help companies and investors design strategic landscapes.
Canal hearing aids was the largest segment with a revenue share of 32.85% in 2023. Horizon Databook has segmented the France over-the-counter (otc) hearing aids market based on in-the-ear hearing aids, receiver-in-the-ear hearing aids, behind-the-ear hearing aids, canal hearing aids covering the revenue growth of each sub-segment from 2018 to 2030.
Sales of hearing aids increased by 85% in the first half of 2021, post the government policy changes that made the devices effectively free of charge. Under the 100% Santé audio logie program, all French citizens with mutually top up insurance can receive free hearing aids if they select a device from the given list of models.
In the past, a significant number of individuals did not have access to necessary eyeglasses, dental crowns, or hearing aids as the state paid only a small portion of the total cost, and certain other basic schemes offered even lesser reimbursement.
Only 35% of the 3 million people who could benefit from hearing aids, according to official estimates, were fitted with them. To rectify the situation, reimbursement plans with full coverage were implemented, with immediate success for dental and optical services as well.
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Our clientele includes a mix of over-the-counter (otc) hearing aids market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the France over-the-counter (otc) hearing aids market, including forecasts for subscribers. This country databook contains high-level insights into France over-the-counter (otc) hearing aids market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France over-the-counter (otc) hearing aids market size, by product, 2018-2030 (US$M)
France Over-The-Counter (OTC) Hearing Aids Market Share, 2023 & 2030 (US$M)
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