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Health

The hearing aid market - Portugal

An analysis with all the essential information for a clear, complete and quantified view of this market.

Available in Portuguese

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Study Overview

A hearing aid is a medical device intended to correct a hearing defect. The hearing aid market can be divided into two macro categories:

STANDARDs: Behind-the-ear (BTE) and Receiver-in-the-canal (RIC) CUSTOM : In-The-Ear (ITE), Completely-in-Canal (CIC) and Invisible-in-Canal (IIC)

Historically, the first modern hearing aid appeared in the early 20th century with Sonotone's invention of the first earpiece in 1929. Hearing aids then became increasingly portable and discrete over the century, with the use of increasingly smaller and more efficient microprocessors since the late 1990s. The hearing aid market is expected to benefit from a series of demographic and social transformations affecting global society. Specifically, in the context of Portugal, a progressively aging population, increasing awareness of preventive medicine, and technological innovations are projected to impact the hearing aid market.

Key takeaways

Growth and sector challenges
Demand analysis
Market structure and organization
Supply and pricing analysis
Player segmentation
Latest trends and innovations

Methodology

Our methodology

Our method combines human expertise and a large corpus of sources, including exclusive and private data, for optimal understanding of the sector

Broad source base

• National, international, and private databases
• Professional press and polling institutes
• Industry reports, company financial statements...

Exclusive data

• Indexpresse sectoral database
• Preferred Brands database
• Expert interviews and proprietary indicators

Human expertise

• Experienced research analysts
• Know-how developed through 1500+ studies
• In-depth and rigorous analysis

Visual and actionable reports

• Graphic studies with synthetic structure
• Downloadable data
• Link to original sources

Contents

Sommaire

1. Market summary
- 1.1 Definition and presentation
- 1.2 Rapid growth of the global market
- 1.3 The Portuguese case
- 1.4 International Trade
2. Demand Analysis
- 2.1 Demand Overview and Drivers
3. Market Structure
- 3.1 Market organization and dynamics
- 3.2 A highly international production
- 3.3 Distribution
- 3.4 Expected Impact of Covid-19
4. Supply Analysis
- 4.1 A more concentrated supply structure
- 4.2 Three types of hearing aids
- 4.3 An average price range for the different models
5. Rules and Regulations
- 5.1 Regulatory framework for the hearing aid market
- 5.2 Hearing aid subsidies