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Age-Related Hearing Loss-Global Market Insights and Sales Trends 2024
Synopsis
Age-related Hearing Loss (AHL), also known as presbycusis, is a progressive, irreversible and symmetrical bilateral neurosensory hearing loss ensuing from the degeneration of the cochlea, wherein the sound-induced vibrations are shown by the sensory hair cells into the electrical signals within the cochlear neurons that further aid in relaying information to the brain region.
The global Age-Related Hearing Loss market size is expected to reach US$ 3557.7 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Age-Related Hearing Loss in various end use industries. The expanding demands from the Online and Offline, are propelling Age-Related Hearing Loss market. Devices, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Drugs segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Age-Related Hearing Loss, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Age-Related Hearing Loss market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Age-Related Hearing Loss market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Age-Related Hearing Loss sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Age-Related Hearing Loss covered in this report include Advanced Bionics, Cochlear, MED-EL GmbH, Nurotron Biotechnology, Oticon Medical, Medtronic, Envoy Medical, Sonova and Audina Hearing Instruments, etc.
The global Age-Related Hearing Loss market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Advanced Bionics
Cochlear
MED-EL GmbH
Nurotron Biotechnology
Oticon Medical
Medtronic
Envoy Medical
Sonova
Audina Hearing Instruments
RION
Decibel Therapeutics
Frequency Therapeutics
Pipeline Therapeutics
Global Age-Related Hearing Loss market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Age-Related Hearing Loss market, Segment by Type:
Devices
Drugs
Global Age-Related Hearing Loss market, by Application
Online
Offline
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Age-Related Hearing Loss companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Age-related Hearing Loss (AHL), also known as presbycusis, is a progressive, irreversible and symmetrical bilateral neurosensory hearing loss ensuing from the degeneration of the cochlea, wherein the sound-induced vibrations are shown by the sensory hair cells into the electrical signals within the cochlear neurons that further aid in relaying information to the brain region.
The global Age-Related Hearing Loss market size is expected to reach US$ 3557.7 million by 2029, growing at a CAGR of 4.9% from 2023 to 2029. The market is mainly driven by the significant applications of Age-Related Hearing Loss in various end use industries. The expanding demands from the Online and Offline, are propelling Age-Related Hearing Loss market. Devices, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Drugs segment is estimated at % CAGR for the next seven-year period.
The global pharmaceutical market is 1475 billion USD in 2022, growing at a CAGR of 5% during the next six years. The pharmaceutical market includes chemical drugs and biological drugs. For biologics is expected to 381 billion USD in 2022. In comparison, the chemical drug market is estimated to increase from 1005 billion in 2018 to 1094 billion U.S. dollars in 2022. The pharmaceutical market factors such as increasing demand for healthcare, technological advancements, and the rising prevalence of chronic diseases, increase in funding from private & government organizations for development of pharmaceutical manufacturing segments and rise in R&D activities for drugs. However, the industry also faces challenges such as stringent regulations, high costs of research and development, and patent expirations. Companies need to continuously innovate and adapt to these challenges to stay competitive in the market and ensure their products reach patients in need. Additionally, the COVID-19 pandemic has highlighted the importance of vaccine development and supply chain management, further emphasizing the need for pharmaceutical companies to be agile and responsive to emerging public health needs.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Age-Related Hearing Loss, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Age-Related Hearing Loss market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Age-Related Hearing Loss market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Age-Related Hearing Loss sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Age-Related Hearing Loss covered in this report include Advanced Bionics, Cochlear, MED-EL GmbH, Nurotron Biotechnology, Oticon Medical, Medtronic, Envoy Medical, Sonova and Audina Hearing Instruments, etc.
The global Age-Related Hearing Loss market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Advanced Bionics
Cochlear
MED-EL GmbH
Nurotron Biotechnology
Oticon Medical
Medtronic
Envoy Medical
Sonova
Audina Hearing Instruments
RION
Decibel Therapeutics
Frequency Therapeutics
Pipeline Therapeutics
Global Age-Related Hearing Loss market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Age-Related Hearing Loss market, Segment by Type:
Devices
Drugs
Global Age-Related Hearing Loss market, by Application
Online
Offline
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Age-Related Hearing Loss companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Age-Related Hearing Loss
1.1 Age-Related Hearing Loss Market Overview
1.1.1 Age-Related Hearing Loss Product Scope
1.1.2 Age-Related Hearing Loss Market Status and Outlook
1.2 Global Age-Related Hearing Loss Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Age-Related Hearing Loss Market Size by Region (2018-2029)
1.4 Global Age-Related Hearing Loss Historic Market Size by Region (2018-2023)
1.5 Global Age-Related Hearing Loss Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Age-Related Hearing Loss Market Size (2018-2029)
1.6.1 North America Age-Related Hearing Loss Market Size (2018-2029)
1.6.2 Europe Age-Related Hearing Loss Market Size (2018-2029)
1.6.3 Asia-Pacific Age-Related Hearing Loss Market Size (2018-2029)
1.6.4 Latin America Age-Related Hearing Loss Market Size (2018-2029)
1.6.5 Middle East & Africa Age-Related Hearing Loss Market Size (2018-2029)
2 Age-Related Hearing Loss Market by Type
2.1 Introduction
2.1.1 Devices
2.1.2 Drugs
2.2 Global Age-Related Hearing Loss Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Age-Related Hearing Loss Historic Market Size by Type (2018-2023)
2.2.2 Global Age-Related Hearing Loss Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Age-Related Hearing Loss Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Age-Related Hearing Loss Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Age-Related Hearing Loss Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Age-Related Hearing Loss Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Age-Related Hearing Loss Revenue Breakdown by Type (2018-2029)
3 Age-Related Hearing Loss Market Overview by Application
3.1 Introduction
3.1.1 Online
3.1.2 Offline
3.2 Global Age-Related Hearing Loss Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Age-Related Hearing Loss Historic Market Size by Application (2018-2023)
3.2.2 Global Age-Related Hearing Loss Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Age-Related Hearing Loss Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Age-Related Hearing Loss Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Age-Related Hearing Loss Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Age-Related Hearing Loss Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Age-Related Hearing Loss Revenue Breakdown by Application (2018-2029)
4 Age-Related Hearing Loss Competition Analysis by Players
4.1 Global Age-Related Hearing Loss Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Age-Related Hearing Loss as of 2022)
4.3 Date of Key Players Enter into Age-Related Hearing Loss Market
4.4 Global Top Players Age-Related Hearing Loss Headquarters and Area Served
4.5 Key Players Age-Related Hearing Loss Product Solution and Service
4.6 Competitive Status
4.6.1 Age-Related Hearing Loss Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Advanced Bionics
5.1.1 Advanced Bionics Profile
5.1.2 Advanced Bionics Main Business
5.1.3 Advanced Bionics Age-Related Hearing Loss Products, Services and Solutions
5.1.4 Advanced Bionics Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.1.5 Advanced Bionics Recent Developments
5.2 Cochlear
5.2.1 Cochlear Profile
5.2.2 Cochlear Main Business
5.2.3 Cochlear Age-Related Hearing Loss Products, Services and Solutions
5.2.4 Cochlear Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.2.5 Cochlear Recent Developments
5.3 MED-EL GmbH
5.3.1 MED-EL GmbH Profile
5.3.2 MED-EL GmbH Main Business
5.3.3 MED-EL GmbH Age-Related Hearing Loss Products, Services and Solutions
5.3.4 MED-EL GmbH Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.3.5 Nurotron Biotechnology Recent Developments
5.4 Nurotron Biotechnology
5.4.1 Nurotron Biotechnology Profile
5.4.2 Nurotron Biotechnology Main Business
5.4.3 Nurotron Biotechnology Age-Related Hearing Loss Products, Services and Solutions
5.4.4 Nurotron Biotechnology Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.4.5 Nurotron Biotechnology Recent Developments
5.5 Oticon Medical
5.5.1 Oticon Medical Profile
5.5.2 Oticon Medical Main Business
5.5.3 Oticon Medical Age-Related Hearing Loss Products, Services and Solutions
5.5.4 Oticon Medical Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.5.5 Oticon Medical Recent Developments
5.6 Medtronic
5.6.1 Medtronic Profile
5.6.2 Medtronic Main Business
5.6.3 Medtronic Age-Related Hearing Loss Products, Services and Solutions
5.6.4 Medtronic Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.6.5 Medtronic Recent Developments
5.7 Envoy Medical
5.7.1 Envoy Medical Profile
5.7.2 Envoy Medical Main Business
5.7.3 Envoy Medical Age-Related Hearing Loss Products, Services and Solutions
5.7.4 Envoy Medical Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.7.5 Envoy Medical Recent Developments
5.8 Sonova
5.8.1 Sonova Profile
5.8.2 Sonova Main Business
5.8.3 Sonova Age-Related Hearing Loss Products, Services and Solutions
5.8.4 Sonova Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.8.5 Sonova Recent Developments
5.9 Audina Hearing Instruments
5.9.1 Audina Hearing Instruments Profile
5.9.2 Audina Hearing Instruments Main Business
5.9.3 Audina Hearing Instruments Age-Related Hearing Loss Products, Services and Solutions
5.9.4 Audina Hearing Instruments Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.9.5 Audina Hearing Instruments Recent Developments
5.10 RION
5.10.1 RION Profile
5.10.2 RION Main Business
5.10.3 RION Age-Related Hearing Loss Products, Services and Solutions
5.10.4 RION Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.10.5 RION Recent Developments
5.11 Decibel Therapeutics
5.11.1 Decibel Therapeutics Profile
5.11.2 Decibel Therapeutics Main Business
5.11.3 Decibel Therapeutics Age-Related Hearing Loss Products, Services and Solutions
5.11.4 Decibel Therapeutics Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.11.5 Decibel Therapeutics Recent Developments
5.12 Frequency Therapeutics
5.12.1 Frequency Therapeutics Profile
5.12.2 Frequency Therapeutics Main Business
5.12.3 Frequency Therapeutics Age-Related Hearing Loss Products, Services and Solutions
5.12.4 Frequency Therapeutics Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.12.5 Frequency Therapeutics Recent Developments
5.13 Pipeline Therapeutics
5.13.1 Pipeline Therapeutics Profile
5.13.2 Pipeline Therapeutics Main Business
5.13.3 Pipeline Therapeutics Age-Related Hearing Loss Products, Services and Solutions
5.13.4 Pipeline Therapeutics Age-Related Hearing Loss Revenue (US$ Million) & (2018-2023)
5.13.5 Pipeline Therapeutics Recent Developments
6 North America
6.1 North America Age-Related Hearing Loss Market Size by Country (2018-2029)
6.2 United States
6.3 Canada
7 Europe
7.1 Europe Age-Related Hearing Loss Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Age-Related Hearing Loss Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Age-Related Hearing Loss Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Age-Related Hearing Loss Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Age-Related Hearing Loss Market Dynamics
11.1 Age-Related Hearing Loss Industry Trends
11.2 Age-Related Hearing Loss Market Drivers
11.3 Age-Related Hearing Loss Market Challenges
11.4 Age-Related Hearing Loss Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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