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The global Hearing Aids Market, valued at USD 13.16 billion in 2023, is projected to reach USD 23.37 billion by 2032, growing at a CAGR of 8.55%. This growth is driven by an aging population, technological advancements, and increasing awareness of hearing loss. Key players include Sonova, Demant, and GN Store Nord, among others.
The global Hearing Aids market is projected to grow from USD 8.10 billion in 2024 to USD 12.52 billion by 2031, with a CAGR of 6.4%. The report provides an extensive analysis of market dynamics, competitive landscape, and consumption trends, highlighting opportunities for growth amid evolving consumer preferences and technological advancements. Key players include Sonova, Starkey Laboratories, and GN Hearing, among others.
UBS has reduced its target price for Demant to DKK 300 while reaffirming its takeover offer. Demant A/S, a leading hearing aid manufacturer, generates sales primarily from custom hearing aids (44.7%) and hearing care products (40.5%), with significant markets in the U.S. (34.1%) and Europe (29.7%).
Demant A/S
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
hearing aids market projected to reach 23.37 billion by 2032
United States Dollar
GN Store Nord A/S
Demant A/S
Cochlear Ltd
Sonova R
QAT
MEX
CHN
AUT
POL
ARG
SGP
CHL
JPN
RUS
CAN
ITA
ARE
BRA
MAR
FRA
AUS
NLD
KOR
DEU
GBR
SAU
ISR
TUR
COL
ESP
TUN
NZL
BEL
USA
NGA
ZAF
TWN
IND
Suraj Venjaramoodu
Craig Francis
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08:46 03.01.2025
hearing aids market projected to grow significantly by 2031
United States Dollar
Demant A/S
Amplifon S.p.A.
WS Audiology A/S
Sonova R
Cochlear Ltd
Rion Co., Ltd.
IND
GBR
CAN
ARE
SAU
JPN
BRA
DEU
FRA
MEX
CHN
USA
Viju Shah
Alice Mutum
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11:54 11.12.2024
ubs lowers demant target price and maintains takeover offer
10:00 06.11.2024
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