The global pediatric hearing aids market size was significantly robust in 2022 and is expected to register a steady revenue CAGR over the forecast period. Rising prevalence of hearing loss among children, increasing incidence of congenital hearing impairment, growing need for advanced diagnostics to detect hearing loss, and launch of innovative hearing aids are key factors expected to drive market revenue growth over the forecast period. In addition, increasing penetration of digital hearing aids and growing disposable income among individuals are some other key factors expected to fuel market growth going ahead.
Hearing aids are devices that can amplify sounds to improve hearing among individuals with hearing impairment. Hearing aids have certain electronic components such as microphone, amplifier circuitry, receiver, and batteries. They are small enough to wear in or behind the ear and are useful in improving hearing and speech comprehension in people with hearing loss or impairment. Over the recent past, the prevalence of hearing loss among children of various age group has increased significantly. A significant number of children screened for hearing loss are diagnosed with congenital hearing loss or infant hearing loss. Children can develop hearing loss in later life, primarily due to severe infection, side effects of medications, or due to exposure to loud noises. Pediatric hearing aids are more durable that adult hearing aids with tamper resistant battery cases. Pediatric hearing aids are also devoid of possible allergens or toxic chemicals and are available in various sizes and shapes.
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Growing use of hearing aids owing to rising prevalence of hearing loss among children and increasing awareness among parents regarding availability of advanced hearing aids are some other key factors expected to drive market growth over the forecast period. Technological advancements in hearing aids, increasing purchasing power among individuals, and increasing preference for digital hearing aids are also expected to contribute to revenue growth. Rising inclination towards hearing aids with innovative attributes have prompted key manufacturers to accelerate research and development activities to expand their product portfolio. Advanced features can allow hearing aids to meet the demands of particular pattern of hearing impairment and can enhance their overall performance. Pediatric hearing aids are highly compatible with communication systems and assistive devices that facilitates uninterrupted communication and learning among school-going children. In addition, these devices are also equipped with LED lights to indicate if the device is working which allows parents or teachers to better monitor the hearing aids. These key factors are expected to further fuel revenue growth of the market over the forecast period.
Lack of knowledge about advanced hearing aids in developing and underdeveloped countries, high costs associated with sophisticated devices, and unfavorable reimbursement scenario in certain regions are some key factors expected to restrain market growth to a certain extent over the forecast period.
Based on type, the global market has been segmented into over-the-ear, custom hearing aid, and others. On-the-ear hearing aid segment is expected to register considerable revenue growth during the forecast period attributable to numerous advantage of on-the-ear aids such as increased comfort, reduction in feedback, and reduced occlusion in the ear canals. On-the-ear hearing aids is further segmented into behind-the-ear (BTE) and receiver-in-canal (RIC). Behind-the-ear hearing aid is the most preferred choice for children owing to its increased ability to accommodate various types of earmolds. BTE aids are convenient to use, handle, and clean and are relatively robust as compared to other hearing aids. This is a key factor boosting its adoption among children and is expected to contribute to revenue growth of the segment.
Age Group Outlook:
Based on age group, the global market has been segmented into neonatal, toddler, children, and teenagers. Neonatal segment is expected to account for largest revenue share in the global market attributable to congenital hearing loss being one of most prevalent chronic condition among children. Congenital hearing loss is prevalent in low-income settings owing to increasing incidence of congenital infections and impact of environmental and prenatal factors. Genetic factors also contribute to congenital hearing impairment. Management of hearing loss or impairment in neonates often includes therapies and hearing aids and this is expected to fuel revenue growth of the segment.
Hearing Loss Outlook:
Based on hearing loss, the global market has been segmented into conductive, sensorineural, and mixed hearing loss. Conductive hearing loss segment is expected to dominate other segments over the forecast period owing to rising incidence of conductive loss among children. Conductive hearing loss occurs when the outer or middle ear are affected which prevents sounds waves from reaching the ear. Conductive hearing loss can be congenital in some children but it is mostly caused due to ear infection which can be treated through medications and temporary hearing aids. Management of mild cases of conductive hearing loss can be treated with hearing aids and speech therapy. Availability of wide range of hearing assist devices for specific pattern of hearing loss is another factor expected to boost revenue growth.
Based on regional analysis, North America is expected to register significant revenue growth over the forecast period attributable to increasing prevalence of hearing impairment among children, rising penetration of technologically advanced hearing aids, and availability of favorable reimbursement policies in the region. In addition, growing awareness among parents about pediatric hearing aids and rising disposable income and increasing preference for high-quality hearing aids are some other factors expected to drive revenue growth of the market in the region.
Companies Profiled in the Report:
Major companies in the market include William Demant, Sonova, Sivantos, Starkey Technologies, Widex, and GN Store Nord (ReSound).
The global pediatric hearing aids market is highly consolidated and key players operating in the market are focusing on product development, extensive R&D activities, and forming strategic alliances such as joint ventures, partnerships, and mergers and acquisitions to expand their product portfolio to cater to growing global demand.
- In December 2020, Advanced Bionics (AB), which is a global leader in cochlear implant technology, announced approval from the FDA for its Marvel cochlear implant platform and first-of-its-kind sound processor for children. AB partnered with Phonak, which is a leading provider of advanced hearing solutions, to bring its Marvel hearing tech to people using cochlear implants made by Advanced Bionics.
Segments Covered in the Report:
This report offers historical data points and forecasts and revenue growth at a global, regional, and country level, and provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2023 to 2032. The global pediatric hearing aids market report includes industry trends, drivers, restraints, opportunities, threats, market strategies, segment revenue, and market share contribution by each regional and country market. In addition, the report offers industry analysis and competitive landscape, company financials, and impact analysis. The report includes a detailed view of the global pediatric hearing aids market, along with changing dynamics and trends, scenarios, detailed market and regional segmentation, regional landscape, analysis and evaluation, major investments, product offerings, product launches, and details of historical, current, and projected revenues.
For the purpose of this report, has segmented the global pediatric hearing aids market on the basis of type, age group, hearing loss, and region:
Type Outlook (Revenue, USD Billion; 2023-2032)
- Behind-the-Ear (BTE)
- Receiver-in-Canal (RIC)
- Custom Hearing Aid
- In-the-ear (ITE)
- In-the-canal (ITC)
- Completely in Canal (CIC)
- Invisible-in-canal (IIC)
- Bone-anchored hearing aid (BAHA)
- Cochlear Implant
Age Group Outlook (Revenue, USD Billion; 2023-2032)
Hearing Loss Outlook (Revenue, USD Billion; 2023-2032)
Regional Outlook (Revenue, USD Billion; 2023-2032)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of APAC
- Latin America
- Rest of LATAM
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of MEA
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