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INDONESIA HEARING AIDS MARKET FORECAST 2022-2028

The Indonesia hearing aids market is registered to progress with a CAGR of 8.25% across the forecasting years. The market growth of the country is primarily driven by the surging incidence of hearing problems as well as the rising geriatric population. While the base year regarded for the studied market is 2021, the forecasted years are from 2022 to 2028.

INDONESIA HEARING AIDS MARKET FORECAST 2022-2028

Indonesia Hearing Aids Market by Product (Hearing Aid Devices, Hearing Implants) Market by Technology (Digital Hearing Aids, Conventional Hearing Aids) Market by Types of Hearing Loss (Sensorineural Hearing Loss, Conductive Hearing Loss) Market by Patient Type (Adults, Pediatrics / Children) Market by Distribution Channel (Audiology and Ent Clinics, Pharmacies, Hospitals)

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The Indonesia hearing aids market is registered to progress with a CAGR of 8.25% across the forecasting years. The market growth of the country is primarily driven by the surging incidence of hearing problems as well as the rising geriatric population. While the base year regarded for the studied market is 2021, the forecasted years are from 2022 to 2028.

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Despite 150,000 cases of hearing loss identified annually in Indonesia, the condition seldom draws adequate attention. Moreover, hearing loss is highly prevalent among the older populace, impacting around 4% of senior citizens. This type of hearing loss is typically termed degenerative hearing loss since it is primarily caused by the degeneration of cells in the part of the inner ear involved in hearing, termed cochlea.

Furthermore, the World Health Organization (WHO) predicted that approximately 5.3% of the global population, equating to 360 million people, had problems associated with hearing. Out of this, more than 9 million Indonesians suffered from the same, thus augmenting the need for hearing devices in the country. Therefore, these factors are set to play a pivotal role in facilitating the hearing aids market growth in Indonesia over the estimated period.

Med-EL, headquartered in Austria, designs, develops, manufactures, and commercializes medical devices for treating several types of hearing loss. It offers hearing implant solutions, including middle ear, bone conduction implants, cochlear, and electric-acoustic stimulation hearing, in addition to single-unit processors and sports headbands. The company’s geographical presence spans Austria, Indonesia, China, Canada, Italy, Japan, and others.


    1. RESEARCH SCOPE & METHODOLOGY
      • STUDY OBJECTIVES
      • SCOPE OF STUDY
      • METHODOLOGY
      • ASSUMPTIONS & LIMITATIONS
    2. EXECUTIVE SUMMARY
      • MARKET SIZE & ESTIMATES
      • COUNTRY SNAPSHOT
      • PESTLE ANALYSIS
      • COUNTRY ANALYSIS
      • KEY GROWTH ENABLERS
      • KEY CHALLENGES
    3. KEY ANALYTICS
      • IMPACT OF COVID-19 ON HEARING AIDS MARKET
      • KEY MARKET TRENDS
      • PORTER’S FIVE FORCES ANALYSIS
        • BUYERS POWER
        • SUPPLIERS POWER
        • NEW ENTRANTS
        • SUBSTITUTION
        • INDUSTRY RIVALRY
      • SUPPLY CHAIN ANALYSIS
      • KEY BUYING CRITERIA
      • OPPORTUNITY MATRIX
      • VENDOR LANDSCAPE
    4. MARKET BY PRODUCT
      • HEARING AID DEVICES
        • BEHIND-THE-EAR (BTE)
        • IN-THE-CANAL (ITC) AND COMPLETELY-IN-THE-CANAL (CIC)
        • IN-THE-EAR (ITE)
        • OTHER HEARING AID DEVICES
      • HEARING IMPLANTS
        • COCHLEAR IMPLANTS
        • BONE-ANCHORED SYSTEMS
    1. MARKET BY TECHNOLOGY
      • DIGITAL HEARING AIDS
      • CONVENTIONAL HEARING AIDS
    2. MARKET BY TYPES OF HEARING LOSS
      • SENSORINEURAL HEARING LOSS
      • CONDUCTIVE HEARING LOSS
    3. MARKET BY PATIENT TYPE
      • ADULTS
      • PEDIATRICS / CHILDREN
    4. MARKET BY DISTRIBUTION CHANNEL
      • AUDIOLOGY AND ENT CLINICS
      • PHARMACIES
      • HOSPITALS
    5. COMPETITIVE ANALYSIS
      • KEY STRATEGIC DEVELOPMENTS
        • MERGERS & ACQUISITIONS
        • PRODUCT LAUNCHES & DEVELOPMENTS
        • PARTNERSHIPS & AGREEMENTS
        • BUSINESS EXPANSIONS, ANNOUNCEMENTS, AND DIVESTITURES
      • COMPANY PROFILES
        • COCHLEAR LTD
        • MED-EL
        • SIEMENS AG
        • STARKEY

    LIST OF TABLES

    TABLE 1: MARKET SNAPSHOT – HEARING AIDS

    TABLE 2: INDONESIA HEARING AIDS MARKET, BY PRODUCT, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 3: INDONESIA HEARING AIDS MARKET, BY PRODUCT, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 4: INDONESIA HEARING AID DEVICES MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 5: INDONESIA HEARING AID DEVICES MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 6: INDONESIA HEARING IMPLANTS MARKET, BY TYPE, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 7: INDONESIA HEARING IMPLANTS MARKET, BY TYPE, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 8: INDONESIA HEARING AIDS MARKET, BY TECHNOLOGY, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 9: INDONESIA HEARING AIDS MARKET, BY TECHNOLOGY, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 10: INDONESIA HEARING AIDS MARKET, BY TYPES OF HEARING LOSS, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 11: INDONESIA HEARING AIDS MARKET, BY TYPES OF HEARING LOSS, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 12: INDONESIA HEARING AIDS MARKET, BY PATIENT GROUP, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 13: INDONESIA HEARING AIDS MARKET, BY PATIENT GROUP, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 14: INDONESIA HEARING AIDS MARKET, BY DISTRIBUTION CHANNEL, HISTORICAL YEARS, 2018-2021 (IN $ MILLION)

    TABLE 15: INDONESIA HEARING AIDS MARKET, BY DISTRIBUTION CHANNEL, FORECAST YEARS, 2022-2028 (IN $ MILLION)

    TABLE 16: LIST OF MERGERS & ACQUISITIONS

    TABLE 17: LIST OF PRODUCT LAUNCHES & DEVELOPMENTS

    TABLE 18: LIST OF PARTNERSHIPS & AGREEMENTS

    TABLE 19: LIST OF BUSINESS EXPANSIONS, ANNOUNCEMENTS & DIVESTITURES                                 

    LIST OF FIGURES

    FIGURE 1: KEY MARKET TRENDS

    FIGURE 2: PORTER’S FIVE FORCES ANALYSIS

    FIGURE 3: SUPPLY CHAIN ANALYSIS IN THE HEARING AIDS MARKET

    FIGURE 4: OPPORTUNITY MATRIX

    FIGURE 5: VENDOR LANDSCAPE

    FIGURE 6: INDONESIA HEARING AIDS MARKET, BY PRODUCT, IN 2021

    FIGURE 7: INDONESIA HEARING AIDS MARKET, BY HEARING AID DEVICES, 2022-2028 (IN $ MILLION)

    FIGURE 8: INDONESIA HEARING AID DEVICES MARKET, BY BEHIND-THE-EAR (BTE), 2022-2028 (IN $ MILLION)

    FIGURE 9: INDONESIA HEARING AID DEVICES MARKET, BY IN-THE-CANAL (ITC) AND COMPLETELY-IN-THE-CANAL (CIC), 2022-2028 (IN $ MILLION)

    FIGURE 10: INDONESIA HEARING AID DEVICES MARKET, BY IN-THE-EAR (ITE), 2022-2028 (IN $ MILLION)

    FIGURE 11: INDONESIA HEARING AID DEVICES MARKET, BY OTHER HEARING AID DEVICES, 2022-2028 (IN $ MILLION)

    FIGURE 12: INDONESIA HEARING AIDS MARKET, BY HEARING IMPLANTS, 2022-2028 (IN $ MILLION)

    FIGURE 13: INDONESIA HEARING IMPLANTS MARKET, BY COCHLEAR IMPLANTS, 2022-2028 (IN $ MILLION)

    FIGURE 14: INDONESIA HEARING IMPLANTS MARKET, BY BONE-ANCHORED SYSTEMS, 2022-2028 (IN $ MILLION)

    FIGURE 15: INDONESIA HEARING AIDS MARKET, BY TECHNOLOGY, IN 2021

    FIGURE 16: INDONESIA HEARING AIDS MARKET, BY DIGITAL HEARING AIDS, 2022-2028 (IN $ MILLION)

    FIGURE 17: INDONESIA HEARING AIDS MARKET, BY CONVENTIONAL HEARING AIDS, 2022-2028 (IN $ MILLION)

    FIGURE 18: INDONESIA HEARING AIDS MARKET, BY TYPES OF HEARING LOSS, IN 2021

    FIGURE 19: INDONESIA HEARING AIDS MARKET, BY SENSORINEURAL HEARING LOSS, 2022-2028 (IN $ MILLION)

    FIGURE 20: INDONESIA HEARING AIDS MARKET, BY CONDUCTIVE HEARING LOSS, 2022-2028 (IN $ MILLION)

    FIGURE 21: INDONESIA HEARING AIDS MARKET, BY PATIENT GROUP, IN 2021

    FIGURE 22: INDONESIA HEARING AIDS MARKET, BY ADULTS, 2022-2028 (IN $ MILLION)

    FIGURE 23: INDONESIA HEARING AIDS MARKET, BY PEDIATRICS/CHILDREN, 2022-2028 (IN $ MILLION)

    FIGURE 24: INDONESIA HEARING AIDS MARKET, BY DISTRIBUTION CHANNEL, IN 2021

    FIGURE 25: INDONESIA HEARING AIDS MARKET, BY AUDIOLOGY AND ENT CLINICS, 2022-2028 (IN $ MILLION)

    FIGURE 26: INDONESIA HEARING AIDS MARKET, BY PHARMACIES, 2022-2028 (IN $ MILLION)

    FIGURE 27: INDONESIA HEARING AIDS MARKET, BY HOSPITALS, 2022-2028 (IN $ MILLION)  

    1. MARKET BY PRODUCT
      • HEARING AID DEVICES
        • BEHIND-THE-EAR (BTE)
        • IN-THE-CANAL (ITC) AND COMPLETELY-IN-THE-CANAL (CIC)
        • IN-THE-EAR (ITE)
        • OTHER HEARING AID DEVICES
      • HEARING IMPLANTS
        • COCHLEAR IMPLANTS
        • BONE-ANCHORED SYSTEMS
    1. MARKET BY TECHNOLOGY
      • DIGITAL HEARING AIDS
      • CONVENTIONAL HEARING AIDS
    2. MARKET BY TYPES OF HEARING LOSS
      • SENSORINEURAL HEARING LOSS
      • CONDUCTIVE HEARING LOSS
    3. MARKET BY PATIENT TYPE
      • ADULTS
      • PEDIATRICS / CHILDREN
    4. MARKET BY DISTRIBUTION CHANNEL
      • AUDIOLOGY AND ENT CLINICS
      • PHARMACIES
      • HOSPITALS

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