LONDON--(BUSINESS WIRE)--The hearing aid market is expected to grow by $ 2.85 bn, progressing at a CAGR of over 6% during the forecast period.
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1. Gn Hearing Care Corporation
2. Gn Audio A S

The growth in the use of binaural hearing aids is one of the major factors propelling market growth. However, factors such as the prevalence of substitutes will hamper the market growth.

• The BeMore app lets you control your hearing aids directly from your mobile device. You can change programs, and make simple or more advanced sound adjustments and save them as favorites. The app helps you learn what you can do and how to do it. It can even help you find your hearing aids if you lose them. Last, but not least, you can have your hearing care professional update your hearing.
• The development of hearing aid devices have come a long way since the first model released in the 17th-century. 1 Hearing aid manufacturers like ReSound continue to elevate the support and technology of hearing aids. With nearly 80 years of experience manufacturing hearing solutions, the company strives to develop technology built on four.

RHA = Rechargeable hearing aid RIE = Receiver-in-ear ^If your device is not on this list but uses Android 6.0 and Bluetooth® 4.0, the Nucleus Smart App may still work, but we are not able to offer the same level of support in troubleshooting scenarios. Please seek advice from your health professional about treatments for hearing loss.

More details: https://www.technavio.com/report/hearing-aid-market-industry-analysis

Hearing Aid Market: Product Landscape

Based on the product, the hearing devices segment is expected to witness lucrative growth during the forecast period.

Hearing Aid Market: Geographic Landscape

By geography, Europe is going to have a lucrative growth during the forecast period. About 42% of the market’s overall growth is expected to originate from Europe. The UK, France, and Germany are the key markets for hearing aids products in Europe.

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Companies Covered:

• Amplifon Spa
• Audina Hearing Instruments Inc.
• Cochlear Ltd.
• Demant AS
• GN Store Nord AS
• MED-EL Elektromedizinische Geräte GmbH
• Rion Co. Ltd.
• Sonova Holding AG
• Starkey Laboratories Inc.
• WS Audiology AS

What our reports offer:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers market data for 2019, 2020, until 2024
• Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.

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Gn Hearing Care Corporation

Key Topics Covered:

Executive Summary

• Market Overview

Market Landscape

• Market ecosystem
• Value chain analysis

Market Sizing

• Market definition
• Market segment analysis
• Market size 2019
• Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

• Five Forces Summary
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
• Market condition

Market Segmentation by Product

• Market segments
• Comparison by Product placement
• Hearing devices - Market size and forecast 2019-2024
• Hearing implants - Market size and forecast 2019-2024
• Market opportunity by Product

Market Segmentation by End-user

• Market segments
• Comparison by End user placement
• Market opportunity by End user

Customer landscape

• Overview

Geographic Landscape

• Geographic segmentation
• Geographic comparison
• Europe - Market size and forecast 2019-2024
• North America - Market size and forecast 2019-2024
• APAC - Market size and forecast 2019-2024
• South America - Market size and forecast 2019-2024
• MEA - Market size and forecast 2019-2024
• Key leading countries
• Market opportunity by geography

Drivers, Challenges, and Trends

• Market drivers
• Volume driver - Demand led growth
• Volume driver - Supply led growth
• Volume driver - External factors
• Volume driver - Demand shift in adjacent markets
• Price driver - Inflation
• Price driver - Shift from lower to higher-priced units
• Market challenges
• Market trends

Vendor Landscape

• Overview
• Vendor landscape
• Landscape disruption

Vendor Analysis

• Vendors covered
• Market positioning of vendors
• Amplifon Spa
• Audina Hearing Instruments Inc.
• Cochlear Ltd.
• Demant AS
• GN Store Nord AS
• MED-EL Elektromedizinische Geräte GmbH
• Rion Co. Ltd.
• Sonova Holding AG
• Starkey Laboratories Inc.
• WS Audiology AS

Appendix

• Scope of the report
• Currency conversion rates for US$
• Research methodology
• List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Models, Features, Prices, and Reviews

ReSound is the flagship brand of GN Hearing, the world's fourth largest manufacturer of premium hearing aids. Headquartered in Denmark, GN Hearing is a subsidiary of GN Store Nord AS (GN Group), a holding company founded in 1869 as a telegraph company. GN is now one of the 'Big-Five' manufacturers that control more than 80 percent of the global market for hearing aids. Another division, GN Audio, markets the popular Jabra consumer earbuds and other headsets. GN Group currently has more than 5,500 employees and sells its hearing aids through a global network of hearing professionals in more than 100 countries worldwide.

ReSound hearing aid technologies

ReSound was the first to deliver Made-for-iPhone hearing aids. The wireless hearing aids hastened the transformation of hearing aids from devices used mainly for amplification to consumer electronic products used for phone calls, music streaming and other forms of connectivity, communication and entertainment. Prior to its iPhone hearing aids, ReSound was a pioneer in 2.4 GHz wireless technology streaming solutions. Among other things, ReSound wireless accessories were the first to eliminate cumbersome 'neck loops' that had been required to transmit audio signals to hearing aids.

Its latest chip platform, released in 2020, powers the high-end sound processing software in ReSound's premium One hearing aid family. Compared with ReSound's previous technology platform, the new “C6 Chip Platform” offers twice the memory and 50% more processing power. The platform delivers beamforming directionality, which enables improved speech understanding in background noise.

ReSound hearing aid prices

ReSound hearing aids range in price from $1,927 to $4,318 per device, depending on the model. Popular models include the LiNX Quattro, Enzo Q, and One.

Disclaimer

Consumers save an average of $776 per device on ReSound hearing aids when using Hearing Tracker’s hearing aid discounts platform. Average retail prices are calculated based on data from Hearing Tracker’s advertising platform.

ReSound Discounts Delivered to Your Inbox

ReSound hearing aid models

ReSound makes premium hearing aids that are programmed by an audiologist or other hearing health professional based on the results of your hearing test. ReSound’s broad line of hearing aids serve all levels of hearing loss. Model styles range from custom invisible in-the-ear (ITE) to powerful behind-the-ear (BTE) solutions, with multiple levels of technology and features to accommodate users' individual needs. New ReSound hearing aids also offer multiple options utilizing lithium-ion rechargeable batteries. And ReSound control apps make it easy to change program settings on the fly.

Lineup of ReSound LiNX Quattro models

ReSound One hearing aids

ReSound One is GN Hearing’s latest flagship hearing aid. One shares many hardware and software features with the popular LiNX Quattro (released in 2018), and uses the same smartphone app (ReSound Smart 3D™) as previous generations of LiNX hearing aids. One appears to signal the end of line for the long-running LiNX series, which all started with the world's first Made-For-iPhone hearing aid back in 2013.

One inherits a very strong foundation from LiNX, and represents a radically new generation of hearing aids for ReSound, with the introduction of 'Microphone & Receiver-In-Ear (M&RIE)', a pioneering technology that places a microphone in the ear to improve sound quality, localization, and wind noise. ReSound is also introducing binaural beamforming directionality ('Ultra Focus') in One.

As of the moment, there are three One models available, which are all receiver-in-canal (RIC) models. Two of the available models (61 an 62 DRW) rely on disposable batteries, with a telecoil included in the 62 model. The 61-DRWC comes with rechargeable lithium-ion batteries, but lacks a telecoil. ReSound states that One will run for up to30 hours on a single 3-hour charge.

All One models offer direct wireless audio streaming from iOS and Android devices, and offer hands-free calling via the Phone Clip+ accessory. All models also offer best-in-class moisture and dust protection with IP68 ingress protection ratings. Remote programming is also available.

ReSound LiNX Quattro hearing aids

Of its previous flagship, ReSound said LiNX Quattro delivered its “most clear, natural, sound quality yet” (Of course, One holds the current title). They provide audio streaming from Apple iPhones, iPads, and iPods. Powered by ReSound's “Smart Hearing” sound processing platform technology, the hearing aids have an extended dynamic range and improved frequency response.

They also utilize a wireless radio featuring less lag time in streaming and stronger wireless signal strength for enhanced ear-to-ear performance and localization of sound (when compared to previous LiNX generations). A rechargeable option provides more than a full day of power, even when streaming phone calls, TV and music, with a portable charging case small enough to fit into a handbag or pocket.

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Resound Enzo Q hearing aids

ReSound ENZO Q hearing aids are based on the same technology platform as the LiNX Quattro, and provide the same sophisticated sound processing. The ENZO line is specifically made for consumers with severe-to-profound hearing loss. ENZO utilizes Binaural Directionality III to improve spatial sense by helping users locate sound. It also provides very high levels of amplification without feedback.

ReSound legacy hearing aid models

ReSound continues to support earlier hearing-aid models based on previous generations of its sound-processing technology. Because these models still provide high-performance sound processing and functionality, some audiologist may still sell them at lower price points than the latest models.

Legacy models include LiNX 3D, LiNX 2, LiNX, Vea, Enya, Verso, Alera, Lex, Vea, Magna, Live, Dot2, Ziga, Essence, Pulse, x-plore, Be, and Match hearing aids.

ReSound hearing aid apps and accessories

ReSound hearing aid wireless accessories transmit audio from your phone and TV directly to your hearing aids. And its smartphone apps let you control your hearing aid programs and Bluetooth settings. Following are accessories for the most recent popular ReSound hearing aid models. Make sure to check with your provider to see which accessories will work with your hearing aid model.

ReSound Unite Phone Clip+

The ReSound Unite Phone Clip+ streams phone calls and audio straight to your hearing aids from any Bluetooth-enabled mobile phone or smartphone. It’s a wireless device small enough to clip onto your shirt collar. Phone Clip+ also connects your hearing aids to two separate Bluetooth devices at the same time.

Accessory

Unite Phone Clip+

Small enough to clip onto your shirt collar, it streams phone calls and audio to your hearing aids from any Bluetooth-enabled mobile phone or smartphone.

Compatible hearing aids

When the ReSound Phone Clip+ is used in conjunction with the ReSound TV Streamer 2, your phone's ringtone will override the audio streamed from the TV and allow you to decide whether to answer or reject a phone call.

TV Streamer 2

The ReSound Unite TV Streamer 2 streams stereo sound from the television directly to your hearing aids from up to 22 feet away. (The hearing aids have to be in a clear line of sight from the TV Streamer). All ReSound Smart Hearing aids and TV models are compatible with TV Streamer 2. And with standard cable connections, it can be used with your stereo system or computer as well.

Accessory

Unite TV Streamer 2

Streams stereo sound from the television directly to your hearing aids from up to 22 feet away.

Compatible hearing aids

Micro Mic remote microphone

The ReSound Micro Mic remote microphone lets you hear from a distance up to 80 feet away (with a clear line of sight). A matchbox-sized wireless accessory, the Micro Mic can clip onto the wearer’s clothing and and transmit their voice directly to your hearing aids.

Accessory

Micro Mic

A matchbook-sized remote wireless microphone that lets you hear from a distance up to 80 feet away.

Compatible hearing aids

Multi Mic remote microphone

The ReSound Multi Mic is a flexible remote microphone that can be clipped to an individual’s clothing or set on a conference table to help you hear better in group meetings. It also connects with induction hearing loop and FM systems and has a standard 3.5 mm mini-jack input for streaming audio from a music player to your hearing aids or other device.

Accessory

Multi Mic

A flexible remote microphone that can either be clipped to clothes or used as a tabletop mic for meetings. Use the mini-jack input for streaming audio from a music player to your hearing aids.

Compatible hearing aids

Remote Control 2

ReSound Unite Remote Control 2 is a wireless handheld accessory that gives you simple control of the volume and program settings of your hearing aids. It also enables you to manage your streaming accessories. For instance, with a single touch it will activate the TV Streamer 2. A backlit display makes it easy to navigate your choices.

Accessory

Unite Remote Control 2

Gives you push-button control of volume and program settings on your hearing aids and lets you manage streaming accessories.

Compatible hearing aids

Smartphone Control+ app

Gn Audio A S

The ReSound Control+ app lets you control your hearing aid when used with the Phone Clip+. You can use adjust volume, change hearing-aid programs, and manage your streaming devices.

Accessory

Control+

Compatible hearing aids

The Control+ app is available for the Apple iPhone, iPod, or iPod touch running iOS 7 or later. It is also available for Android smartphones running version 2.3.5 or later.

ReSound Smart 3D and Smart apps

ReSound Smart 3D and ReSound Smart are apps for iOS and Android devices. ReSound Smart 3D works with the latest ReSound hearing aids, including One, LiNX Quattro, LiNX 3D, and ENZO 3D. The Smart app works with earlier hearing aid models. You can use the apps to adjust the sound settings, manage tinnitus settings, and monitor your battery use, among other things. And you can use Smart 3D to have your provider make remote adjustments to your hearing aid programs.

Accessory

ReSound Smart 3D app

Adjusts sound, volume and balance settings, tinnitus settings, and allows your provider to make remote adjustments to your hearing aid programs.

Compatible hearing aids

ReSound tinnitus solutions

ReSound hearing aids come with a built-in Tinnitus Sound Generator (TSG) to mask annoying ringing, humming and buzzing tinnitus sounds in your head and ears. Its NatureSounds feature offers soothing water-inspired sounds like “ocean”, “beach surf” and “calming waves.” It also lets you select sounds or music from Apple devices. And a ReSound Relief smartphone app offers dynamic sounds, tinnitus management guidance and a variety of exercises.