Bone Anchored Hearing Aids Market size anticipated growing by XXX with a CAGR of XXX over the period of 2020-2030.A bone anchored hearing aid is a type of hearing device based on bone conduction. Bone anchored hearing aids (BAHA) are surgically implantable devices. Hearing aids devices are used in the treatment of certain types of hearing loss such as chronic ear infections, malformations of the outer or middle ear, single-sided deafness, acoustic neuroma, cholesteatoma, and other conditions. The hearing losses can occur when sound is unable to reach the inner ear. In bone-anchored hearing aid, a steel spring attached above the patient’s head to collect the sound waves as a conventional hearing aid but instead of conveying sound waves, it transmits vibrations to the inner ear through the skull bone. The cost of hearing aids devices is around USD 5000 to USD 10,000.

Market Segmentation:

On the basis of raw material, the global bone anchored hearing aids market is segmented into titanium alloy, ceramic composites, and others. By application, the market is classified into sensorineural hearing loss, conductive hearing loss, mixed hearing loss, and single-sided deafness. By end-users, the market is divided into pediatrics, adults, and geriatrics. On the basis of the region, the bone anchored hearing aids market is segmented into North America, Europe, Asia Pacific, and RoW.

Market Dynamics and Factors:

The increasing prevalence of hearing loss, surgical navigation systems, and the emergence of the robotic platform is the key factors to drive the bone anchored hearing aids market. For instance, According to the WHO, around 466 million people are suffering from hearing losses, and among that 34 million are children. Duo, the high frequency of the hearing losses among the children and the older are rising which generates the demand for bone anchored hearing aid (BAHA) across the globe. Along with, increasing aging population, technological advancements, ongoing research, and development, rising consumer’s interest in the BAHA over the conventional hearing aids are some of the factors responsible for bone anchored hearing aids market growth. On the other hand, the sound quality is deficient due to the sound energy is lost during the transmission process in bone-anchored hearing aid (BAHA). Also, it has some disadvantages such as discomfort and the pain which is hampering the market growth. Additionally, to improve the sound quality the companies are focusing on the adoption of digital hearing aids and other new advanced technologies that are likely to create several opportunities for bone anchored hearing aids industry in upcoming years.

Geographic Analysis:

Regionally, North America dominates the bone anchored hearing aids market due to the wide use of bone anchored hearing technologies in this region. Europe is the second-largest dominating region in the bone anchored hearing aids market. North America and Europe are premium markets that contribute to significant shares in the global bone anchored hearing aids market. The rise in the number of people suffering from hearing loss in the U.S. propelled the need for advanced technology in hearing aids. Europe represents one of the largest markets for hearing aid and is already a well-penetrated market.  Asia-pacific is the fastest-growing region due to rapidly growing geriatric populations, high noise pollution levels in Asia-Pacific countries, such as India, China.

Competitive Scenario:

Major players operating the global bone anchored hearing aids industry include Oticon A/S, Sonova Holding AG, Starkey Hearing Technologies, Widex A/S, Siemens AG, Cochlear Ltd., Sonic Innovations, Inc., Auditdata A/S. GN Hearing A/S, and Natus Medical Incorporated.

Bone Anchored Hearing Aids Market Report Scope