- Summary
- Table Of Content
- Methodology
Pediatric Hearing Aids Market Introduction :
Consegic Business Intelligence analyzes that the pediatric hearing aids market is growing with a CAGR of 6.9% during the forecast period (2023-2030), and the market is projected to be valued at USD 1,521.59 Million by 2030 from USD 895.66 Million in 2022.
Pediatric Hearing Aids Market Definition & Overview:
Pediatric hearing aids is a specialized devices designed to amplify sounds and improve hearing loss in children. These devices are specifically tailored to meet the needs and preferences of children taking into consideration factors, such as their age, degree of hearing loss, developmental stage, and comfort. Pediatric hearing devices are commercialized in numerous styles and designs including, behind-the-ear (BTE), receiver-in-canal (RIC), in-the-canal (ITC), in-the-ear (ITE), completely in canal (CIC), and invisible-in-canal (IIC), among others. They are equipped with advanced technology such as digital signal technology, noise reduction, feedback cancellation, and wireless connectivity. Pediatric hearing aids are typically prescribed and fitted by audiologists or hearing healthcare professionals, and they play a crucial role in facilitating communication and hearing development.
Pediatric Hearing Aids Market Insights :
Pediatric Hearing Aids Market Dynamics - (DRO) :
Key Drivers :
Technological advancement in hearing aids accelerates the growth of market
Technological advancement in pediatric hearing aids has greatly improved their performance and functionality. Features such as noise reduction, feedback cancellation, wireless connectivity, and improved battery life make hearing aids more effective and user-friendly. For example, 93% of hearing aids sold in the U.S. contained DSP technology. The continued innovation and development of advanced technology attract parents and healthcare professionals, driving the demand for the pediatric hearing aids market. For illustration, in February 2022, Oticon launched Play PX, which is the first Deep Neural Network child hearing aid. Play PX helps support children's brains to handle sound as well as hear naturally claimed by Oticon.
Thus, increasing new product portfolio, product innovation, and technological capabilities have increased the demand for pediatric hearing aids devices in the market.
Increasing prevalence of hearing loss in children propelling the market growth
The rising prevalence of hearing loss in children is the major factor driving the growth of the pediatric hearing aids market. Factors such as genetic disorders, infection, exposure to loud noises, and complications at birth contribute to the increasing number of children with hearing impairments. For instance, according to the report published by WHO in February 2023, by 2050 nearly 2.5 billion people are estimated to have some degree of hearing loss and over 1 billion young adults are at risk of permanent, avoidable hearing loss due to unsafe listening practices. Whereas at least 700 million will require hearing rehabilitation. For this reason, the increasing prevalence of hearing loss in children is propelling the market growth.
Key Restraints :
High cost of hearing aids is posing a major bottleneck for the market growth
Pediatric hearing aids can be expensive, and the cost of the hearing aids depends on the technology used in the product. Moreover, the cost of pediatric aid is not covered by insurance or government programs.
For instance, in June 2021 study published by the Journal of American Medical Association (JAMA) the study found that many children with hearing loss are not receiving appropriate intervention due to financial constraints. Furthermore, 22% of families reported delaying or forgoing purchasing hearing aids altogether because of financial barriers. However, the high cost of pediatric hearing aids can often pose a significant barrier for families.
Future Opportunities :
Rising awareness about the importance of early intervention for hearing loss is expected to create significant opportunities in the market
The rising awareness about the importance of early intervention for hearing loss is a major opportunity for the pediatric hearing aids market. Early intervention can help children develop speech and language skills normally. This is why many parents are now opting to get their children hearing aids as soon as possible after they are diagnosed with hearing loss.
There are several reasons why early intervention is important for children with hearing loss. It can help to prevent delays in speech and language development. When children cannot hear well, they may not be able to learn the sounds of speech as easily. This can lead to delays in their ability to speak and understand language. Early intervention can help to improve children's social and emotional development. Children with hearing loss may feel isolated and frustrated if they cannot hear what is going on around them. Early intervention can help them to learn how to communicate more effectively and to participate more fully in social activities. For this reason, rising awareness about the importance of early intervention for hearing loss is expected to create significant opportunities in the market.
Pediatric Hearing Aids Market Report Insights :
| Report Attributes | Report Details |
| Study Timeline | 2017-2030 |
| Market Size in 2030 | USD 1,521.59 Million |
| CAGR (2023-2030) | 6.9% |
| By Type | Over-The-Ear {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)}, Others |
| By Technology | Digital Aids, Analog Aids |
| By Hearing Loss | Sensorineural Hearing Loss, Conductive Hearing Loss, Mixed Hearing Loss |
| By Age Group | Infants, Toddlers, Preschoolers, School Aged Children, Adolescents |
| By Distribution Channel | Hospitals, Audiology and ENT Clinics, Others |
| By Region | North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
| Key Players | Oticon, Phonak, GN Hearing, Starkey Laboratories, Inc., Unitron, Widex A/S, Sonova Holding AG |
Pediatric Hearing Aids Market Segmental Analysis :
Based on the Type :
The type segment is categorized into Over-The-Ear, Custom Hearing Aid, and Others. In 2022, the Over-The-Ear segment accounted for the highest market share in the overall pediatric hearing aids market and grew with the highest CAGR. Over-The-Ear is further divided into Behind-The-Ear, Receiver-In-Canal. In Over-The-Ear Behind-The-Ear aids offer the most powerful sound amplification, making them suitable for all levels of hearing loss- particularly with profound or high frequency hearing loss. For instance, in October 2021, Unitron introduced its latest product Stride Blu BTE hearing aids, also known as Stride B-UP and Stride B-PR. The Stride Blu BTE hearing aids have a smaller and sleeker design than their predecessor. Furthermore, this advancement is further expected to increase the adoption of Behind-The-Ear hearing aids by patients, which in turn is expected to increase the growth of the market.
Based on the Technology :
The technology segment is categorized into digital aids and analog aids. In 2022, the digital aids segment accounted for the highest market share in the pediatric hearing aids market and grew with the highest CAGR. Digital aids use digital signal processing (DSP) technology which provides enhanced speech signals, due to which children can hear more clearly. For instance, as per the survey conducted by ResearchGate in 2019, 40% of analog hearing aid users had moderate difficulty when they wanted to hear better whereas 66% of digital hearing aid users faced no difficulty while using. Furthermore, the adoption of digital aids over analog aids has increased due to their benefits such as improved sound quality, and directional microphones, which in turn increase the growth of the market.
Based on the Hearing Loss :
The hearing loss segment is divided into Sensorineural Hearing Loss, Conductive Hearing Loss, and Mixed Hearing Loss. In 2022, conductive hearing loss segment accounted for the highest market share in the pediatric hearing aids market and grew with the highest CAGR. Conductive hearing loss is the most common in young children and infants. Conductive hearing loss is caused by an ear infection. For instance, as per the Centers for Disease Control and Prevention (CDC), 25% of cases of hearing loss in babies are due to maternal infections during pregnancy, head trauma, and complications after birth. which is 1 out of 4 cases. Furthermore, the above factors are attributed to the growth of the Conductive Hearing Loss segment.
Based on the Age Group :
The age group segment is divided into Infants, Toddlers, Preschoolers, School Aged Children, Adolescents. In 2022, the adolescents segment accounted for the highest market share in the pediatric hearing aids market and grew with the highest CAGR. Adolescent children continue to lose hearing from multiple etiologies, such as temporal bone fractures, ototoxic exposures, and delayed onset of genetic hearing loss. For instance, in 2023 as per the report of the American Academy of Audiology, Hearing loss in children is common in the 18 years age group in the U.S., which means affects nearly 1 of every 5 children. Furthermore, above mentioned factors contribute to the growth of the adolescent segment in the market.
Based on the Distribution Channel :
The distribution channel is divided into Hospitals, Audiology and ENT Clinics, and Others. In 2022, the hospital segment accounted for the highest market share of 42.55% in the pediatric hearing aids market and grew with the highest CAGR. Major factors attributed to the growth such as favorable health reimbursement for hearing implantation surgeries and increasing numbers of cases of hearing loss during birth in the hospitals. Moreover, growing number of hearing loss in babies due to genetic causes at the time of birth, which in turn accelerates the growth of hospital segment.
Based on the Region :
The regional segment includes North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
In 2022, North America accounted for the highest market share at 38.55% and was valued at USD 345.28 million and is expected to reach USD 589.92 million in 2030. Owing to the robust healthcare infrastructure, high prevalence of hearing loss in newborn babies, greater awareness, and the adoption of hearing aids in the regions.
For instance, in March 2021 according to the National Institute on Deafness and Other Communication Disorders update, about 2 to 3 out of every 1,000 children in the US are born with a detectable level of hearing loss in one or both ears, and approximately 15% of American adults (37.5 million) aged 18 and over report some trouble hearing.
Hence, this data shows the high prevalence of hearing loss in the region.
Moreover, Asia Pacific is expected to grow at the fastest CAGR of 7.5% in the overall pediatric hearing aids market during the forecast period.
Top Key Players & Market Share Insights:
The pediatric hearing aids market is highly competitive, with several large players and numerous small and medium-sized enterprises. These companies have strong research and development capabilities and a strong presence in the market through their extensive product portfolios and distribution networks. The market is characterized by intense competition, with companies focusing on expanding their product offerings and increasing their market share through mergers, acquisitions, and partnerships. The key players in the market include-
- GN Hearing
- Starkey Laboratories, Inc.
- Unitron
Recent Industry Developments :
- In February 2022, Oticon announced that it is introducing the award-winning hearing technologies of Oticon More into pediatric hearing aids. The new Oticon Play PX family is the world's first hearing aids for children with an on-board Deep Neural Network (DNN).
- In August 2022, GN Hearing announced the launch of ReSound OMNIA – a new hearing aid platform that will set a new standard in hearing technology.
Key Questions Answered in the Report
What was the market size of the pediatric hearing aids industry in 2022? +
In 2022, the market size of pediatric hearing aids was USD 895.66 million
What will be the potential market valuation for the pediatric hearing aids industry by 2030? +
In 2030, the market size of pediatric hearing aids will be expected to reach USD 1,521.59 million.
What are the key factors driving the growth of the pediatric hearing aids market? +
Technological advancement in hearing aids and the increasing prevalence of hearing aids in children are driving the global pediatric hearing aids market growth.
What is the dominating segment in the pediatric hearing aids market by distribution channel? +
In 2022, the hospital segment accounted for the highest market share of 42.55% in the overall pediatric hearing aids market.
Based on current market trends and future predictions, which geographical region is the dominating region in the pediatric hearing aids market? +
North America accounted for the highest market share in the overall pediatric hearing aids market.
