Hearing Aids Statistics By Manufacturers And Countries

Introduction

Hearing Aids Statistics: Hearing Aid refers to devices designed to enhance the hearing capability of individuals with hearing disabilities. Depending upon the design, small amplifications or other reinforcement systems are in place to improve listening capabilities. For the most part, modern hearing aids require a configuration to improve the user experience.

With innovations like rechargeable batteries, Bluetooth connectivity, and AI-driven sound adjustments, the demand for hearing aids continues to rise. We can learn exciting aspects of the industry by referring to hearing aid statistics. This article explores the statistics of critical hearing aids, market trends, and future growth projections.

Editor’s Choice

• Sonova leads the hearing aid market with a 31% share.
• By 2050, an estimated 711 million people will have hearing loss.
• India has the highest number of people affected by hearing loss, at 100 million.
• Mild hearing loss (20-34 dB) is the most prevalent, affecting 14.2% of respondents.
• The number of audiologists increased from 12,060 in 2012 to 13,880 in 2023.
• Hearing aid specialists more than doubled from 4,980 in 2012 to 10,250 in 2023.
• Quality of life costs related to hearing loss amount to $457.6 billion globally.
• Tinnitus affects 68% of US military veterans with service-related injuries.
• Type 13 batteries are commonly used in Behind-the-Ear (BTE) and In-the-Ear (ITE) hearing aids.
• The global hearing aids market was valued at approximately $9.5 billion in 2023.
• 65% of hearing aids sold globally in 2023 were equipped with rechargeable batteries.
• Nearly 72% of hearing aid devices had Bluetooth connectivity in 2023.
• North America accounted for 40% of the hearing aid market share in 2023.
• The average price for a pair of hearing aids in the US was approximately $4,700 in 2023.
• AI-enabled hearing aids are expected to account for 20% of the market by 2024.

Top Hearing Aid Manufacturers

(Reference: statista.com)

• Hearing Aids Statistics show that GN ReSound Demant Sivantos/Widex Sonova Starkey Others rank among the top hearing aid manufacturers.
• Sonova has the highest market share with 31%, followed by Demant with 30% market share, Sivantos/Widex with 19% market share, GN ReSound with 15% market share, Starkey with 4% market share, and Others with 1% market share.

People With Hearing Loss

(Reference: statista.com)

• Hearing Aids Statistics show that the number of people with hearing aid loss is expected to increase worldwide.
• In 2019, there were 430 million people with hearing loss.
• By 2030, there will be 509 million people with hearing loss, followed by 612 million people in 2040 and 711 million people by the end of 2050.

Countries With The Highest Hearing Loss

(Reference: statista.com)

• Hearing Aids Statistics show that Brazil, India, the Philippines, Indonesia, the Russian Federation, Bangladesh, China, Pakistan, Nigeria, Mexico, Japan, and the United States are countries with the highest hearing loss.
• India has the highest number of hearing loss-affected people, with 100 million, followed by China with 96 million, Indonesia with 18.5 million, Pakistan with 14.5 million, United States with 11.5 million, Brazil with 10 million, Bangladesh with 9.5 million, Russian Federation with 10.5 million, Nigeria with 6.5 million, Mexico with 6 million, Philippines with 5.5 million, Japan with 5.5 million.

Severity of Hearing Loss

(Reference: statista.com)

• Hearing Aids Statistics show that Mild hearing loss, 20-34 dB; Moderate hearing loss, 35-49 dB; Moderately severe hearing loss, 50-64 dB; Severe hearing loss, 65-79 dB; Profound hearing loss, 80-94 dB, Complete hearing loss, ≥95 dB are different level.
• Mild hearing loss, 20-34 dB, has the highest prevalence, with 14.2% hearing loss among respondents, followed by   Moderate hearing loss, 35-49 dB with 3.3% hearing loss among respondents, Moderately severe hearing loss, 50-64 dB with 1.1% hearing loss among respondents, Severe hearing loss, 65-79 dB with 0.3% hearing loss among respondents, Profound hearing loss, 80-94 dB with 0.2% hearing loss among respondents, Complete hearing loss, ≥95 dB with 0.2% hearing loss among respondents.

Number of Audiologists

(Reference: statista.com)

• Hearing Aids Statistics show that the number of audiologists has increased consistently.
• In 2012, the number of audiologists was 12,060 million, which increased to 13,880 million by the end of 2023.

Number of Hearing Aid Specialists

(Reference: statista.com)

• Hearing Aids Statistics show that the number of hearing aid specialists has increased consistently.
• In 2012, the number of hearing aid specialists was 4980, which increased to 10,250 by the end of 2023.

Cost of Hearing Cost Globally

(Reference: statista.com)

• Hearing Aids Statistics show that Quality of life, Productivity losses, Education costs, and Total health care costs are the global costs of hearing loss.
• Quality of life cost has the highest global cost with $457.6 billion, followed by Total health care costs at $314.2 billion, Productivity losses at $182.5 billion, and Education costs at $26.9 billion, totaling $981.1 billion.

Service-Related Injuries Among US Military Veterans

(Reference: statista.com)

• Hearing Aids Statistics show that Burns/Scarring Anxiety, TBI, Paralysis, PTSD, Hearing loss, Loss of limb Musculoskeletal/Joint Injuries, Chronic pain, Pulmonary Issues, Vision Loss, Depression, and Tinnitus are the different forms of injuries among US military veterans.
• Tinnitus has the highest injuries among US veterans, with 68%, followed by PTSD with 67% of respondents, Musculoskeletal/Joint Injuries with 67% of respondents, Chronic Pain with 63% of respondents, Anxiety with 60% of respondents, Depression with 56% of respondents, Hearing Loss with 54% of respondents, TBI with 27% of respondents, Pulmonary Issues with 20% of respondents, Burns/Scarring with 16% of respondents, Vision Loss with 9% of respondents, Paralysis with 2% of respondents, Loss of Limb with 1% of respondents.

Types of Hearing Aid Batteries

(Source: wikipedia.org)

Hearing Aids Overview

• Hearing aids have become essential for millions worldwide, especially as hearing loss becomes more prevalent with an aging global population. In 2023, the global hearing aids market was valued at approximately $9.5 billion. By 2024, this figure will grow to around $10.3 billion. Several factors drive this growth, including advancements in hearing aid technology, increasing awareness about hearing health, and the rising demand from aging populations, particularly in developed countries. As a market researcher, understanding hearing aid statistics is critical for businesses and consumers.
• One of the critical aspects of the hearing aid market is the innovation in device technology. In 2023, around 65% of hearing aids sold globally were equipped with rechargeable batteries, which offer greater convenience and longer battery life. Additionally, nearly 72% of devices had Bluetooth connectivity, allowing users to link their hearing aids with smartphones and other devices for a more seamless experience. These trends are expected to continue growing in 2024, with projections suggesting that over 80% of hearing aids sold will include Bluetooth features, reflecting a growing demand for high-tech devices in this market.
• The demographic factor is one of the most significant drivers of hearing aid demand. In 2023, approximately 12% of the global population, or 930 million people, experienced some form of hearing impairment. By 2024, this number is expected to increase to 1 billion, with hearing loss primarily affecting people aged 65 and older. This demographic shift is particularly prominent in countries like the United States and Japan, where aging populations represent a large proportion of potential hearing aid users. In the United States alone, more than 15% of adults reported having trouble hearing in 2023, a figure expected to grow by at least 5% in 2024.
• When examining the global market, North America remains the largest region for hearing aid sales, accounting for nearly 40% of the market share in 2023. The market in this region was worth around $3.8 billion in 2023, with projections to reach $4.1 billion in 2024. Europe follows closely behind, with 2023 sales reaching $2.9 billion. Hearing Aids Statistics indicate that demand in Asia-Pacific is also increasing significantly, especially in countries like China and India. In 2023, the Asia-Pacific region accounted for 25% of global sales, with this share expected to rise to 28% by 2024.
• One of the critical components of the hearing aid market is the variety of battery types available for these devices. The most common types in 2023 were size 312 batteries, used in nearly 50% of hearing aids due to their compact size and reliable performance. Hearing aids that use size 13 batteries accounted for approximately 30% of devices, while the remaining 20% were divided between size 10 and size 675 batteries. Hearing Aids Statistics for 2024 predict that size 312 batteries will continue to dominate, especially as more minor, discreet hearing aids become more popular.
• Affordability continues to be a significant concern for hearing aid users. In 2023, the average price for a pair of hearing aids in the United States was approximately $4,700. This price can be prohibitive for many individuals, as hearing aids are often not fully covered by insurance plans. However, more affordable options are entering the market, mainly through online retailers and discount stores, where prices can be as low as $1,000 per pair. Hearing Aids Statistics indicate that this trend towards affordability will continue in 2024, driven by increased competition and technological advances that lower production costs.
• Regarding market competition, several key players dominate the hearing aid industry. Sonova, a Swiss company, held the largest market share in 2023, accounting for around 25% of global sales. Other leading companies include Demant, which captured 18% of the market, and GN ReSound, with 15%. These companies are known for their innovative approaches to hearing aid design, focusing on improving sound quality, battery life, and user comfort. Hearing Aids Statistics for 2024 suggests that these companies will continue to lead the market, although smaller players are gaining traction, especially in niche markets.
• Government policies and healthcare reforms are also playing a role in shaping the future of the hearing aid market. In the United States, for example, the Over-the-Counter Hearing Aid Act, passed in 2017, came into full effect in 2023. This law allows hearing aids to be sold over the counter without a prescription, significantly increasing consumer accessibility. As a result, sales of over-the-counter hearing aids grew by 15% in 2023 and are expected to rise by 20% in 2024. These reforms are making hearing aids more accessible to the general public, contributing to the market’s overall growth.
• Finally, looking at future trends, artificial intelligence (AI) is becoming an increasingly important component of hearing aid technology. In 2023, approximately 10% of hearing aids incorporated AI features, such as adaptive sound processing and personalized hearing profiles. Hearing Aids Statistics indicate that AI-enabled devices are expected to account for 20% of the market by 2024. These AI-powered features allow hearing aids to automatically adjust to different environments, providing a more tailored listening experience for users.
• In conclusion, the hearing aids market is set to continue its upward trajectory, driven by technological advancements, growing demand from aging populations, and increased accessibility through policy changes. The importance of staying updated with Hearing Aids Statistics cannot be understated, as they provide valuable insights into the evolving market dynamics and consumer preferences. As we move into 2024, businesses in this industry will need to focus on innovation, affordability, and user experience to maintain their competitive edge.

Conclusion

The hearing aid market is experiencing significant growth and transformation, driven by technological advancements, demographic shifts, and increasing hearing health awareness. Hearing Aids Statistics show that the global market was valued at $9.5 billion in 2023 and is projected to reach $10.3 billion in 2024; the industry is poised for continued expansion.

Affordability remains challenging, but new regulations and emerging technologies make hearing aids more accessible. A few key players dominate the industry, but smaller companies are gaining ground in niche markets.

Maitrayee Dey

Maitrayee Dey has a background in Electrical Engineering and has worked in various technical roles before transitioning to writing. Specializing in technology and Artificial Intelligence, she has served as an Academic Research Analyst and Freelance Writer, particularly focusing on education and healthcare in Australia. Maitrayee's lifelong passions for writing and painting led her to pursue a full-time writing career. She is also the creator of a cooking YouTube channel, where she shares her culinary adventures. At Smartphone Thoughts, Maitrayee brings her expertise in technology to provide in-depth smartphone reviews and app-related statistics, making complex topics easy to understand for all readers.

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