세계의 보청기용 배터리 시장 예측(-2030년) : 배터리 유형별, 보청기 유형별, 배터리 사이즈별, 충전성별, 판매 채널별, 용도별, 최종 사용자별, 지역별 분석

According to Stratistics MRC, the Global Hearing Aid Battery Market is accounted for $9.36 billion in 2024 and is expected to reach $14.52 billion by 2030 growing at a CAGR of 7.6% during the forecast period. An Hearing Aid Battery refers to the specialized batteries used to power hearing aids, which are essential devices for individuals with hearing loss. These batteries are offered in many sizes and in different varieties, including lithium-ion and zinc-air, all of which are color-coded for simple identification. This market is developing to meet rising demand due to factors like aging populations and the increase of e-commerce for convenient purchase, as well as the rising prevalence of hearing impairments and advancements in hearing aid technology.

According to World Health Organization (WHO), over 466 million people globally have disabling hearing loss. This number is expected to grow to over 900 million by 2050.

Market Dynamics:

Driver:

Technological advancements

The performance and endurance of hearing aid batteries have improved because to advancements in technology. Rechargeable batteries have replaced disposable ones, and zinc-air batteries have extended battery life. In addition to smaller, more covert designs, these advancements have improved the comfort and aesthetics of hearing aids. Because of these developments, people who suffer hearing loss now live in considerably better quality of life thanks to dependable and practical solutions. In general, the market for hearing aids has greatly improved as a result of these technological advancements.

Restraint:

High cost of rechargeable batteries

The high price of rechargeable batteries in the market for hearing aids is a significant obstacle to their wide use, especially for older and fixed-income users. Many users are reluctant to switch because the upfront cost is higher than that of conventional disposable batteries. A lack of knowledge on the rechargeable options' long-term cost advantages exacerbates the problem and may encourage people to choose less sustainable, less expensive disposable options.

Opportunity:

Increased awareness about hearing health

Rising demand for long-lasting and high-quality choices is a result of rising awareness of the significance of hearing aid batteries. Consumers are becoming more aware about the aspects that determine battery performance, such as battery type, capacity, and charging technology. This increased awareness has prompted producers to spend money on R&D in order to produce cutting-edge battery solutions that satisfy the changing requirements of wearers of hearing aids. Furthermore, social media and online platforms have made it easier for people to share experiences and information about hearing aid batteries, which has raised consumer awareness even further.

Threat:

Competition from alternative solutions

Increased customer dependence on non-prescription equipment such as personal sound amplification products (PSAPs) creates difficulties to the market from alternative options. These substitutes frequently offer a more affordable option and are suitable for those with mild to severe hearing loss. The simplicity and portability of PSAPs may dissuade prospective customers from purchasing conventional hearing aids and the batteries that go with them. Furthermore, as technology develops, these substitutes might provide better performance, drawing customers away from traditional hearing aids even more. This would have an effect on the market's need for hearing aid batteries.

Covid-19 Impact

The interruptions in supply chains and decreased accessibility to healthcare services caused by the COVID-19 epidemic had a substantial effect on the market for hearing aid batteries. People with hearing impairments found it difficult to get critical items and medical services due to lockdowns and safety concerns that restricted their mobility. Hearing aid battery shortages resulted from production and delivery issues faced by numerous manufacturers. For people who depend on hearing aids, the pandemic exacerbated already-existing health disparities. As a result, the market slowed down; but, as limits loosen and demand rises, recovery efforts are getting under way.

The behind-the-ear (BTE) segment is expected to be the largest during the forecast period

The behind-the-ear (BTE) segment is projected to account for the largest market share during the projection period, due to their convenience, extended battery life, and potent amplification capabilities. Regardless their exterior location, they can be used with different degrees of hearing loss and are simple to clean and maintain. Additionally equipped with cutting-edge features like Bluetooth connectivity, BTE devices are the go-to option for people who have hearing loss. BTE hearing aids are a popular option among consumers because of their versatility, comfort, and simplicity of use.

The personal hearing aids segment is expected to have the highest CAGR during the forecast period

The personal hearing aids segment is expected to register lucrative growth during the estimation period, as it offers subtle and comfortable remedies for mild to severe hearing loss. Custom-fit and invisible-in-canal variants are becoming more and more available, meeting consumer desire for visually appealing devices. The user experience is improved by cutting-edge technologies including Bluetooth connectivity and noise reduction technology. Personalized hearing aids are becoming more popular as more people become aware of the benefits of maintaining good hearing and as the stigma associated with it fades.

Region with largest share:

Over the forecast period, the Europe region is anticipated to hold the largest market share, due to the aging population, rising rates of hearing loss, public awareness of hearing health, technological advancements in hearing aids, well-established manufacturers, a robust healthcare system, and government programs aimed at enhancing accessibility to hearing aids. These elements support the expansion of the European market and the rising demand for hearing aid batteries.

Region with highest CAGR:

During the estimation period, the Asia Pacific region is forecasted to record the highest growth rate, as a result of numerous significant factors. Growing urbanization and industrialization are raising public awareness of the need of good hearing, which is driving up demand for hearing aids and the batteries that power them. This demand is further fuelled by the region's vast population base and the increased incidence of hearing loss. Furthermore, the market is expected to grow due to consumers' increasing acceptance of technology-integrated hearing aids, such as those with Bluetooth capabilities, as they look for more sophisticated and practical options.

Key players in the market

Some of the key players profiled in the Hearing Aid Battery Market include Energizer Holdings, Inc., Duracell Inc., Rayovac (Spectrum Brands, Inc.), Varta Microbattery, Panasonic Corporation, Renata Batteries (Swatch Group), Saft Group, Accu-Chek (Roche), Eveready Industries India Ltd., Maxell Holdings, Ltd., Fujitsu Limited, Toshiba Corporation, Apex Battery Company, Hearing Life (part of the Amplifon Group) and Power One (Varta).

Key Developments:

In February 2023, Panasonic committed significant resources to research and development aimed at advancing battery technology for hearing aids, focusing on longer life and reduced charging times.

In September 2022, Power One received ISO certification for its quality management systems, enhancing its credibility and commitment to producing high-quality hearing aid batteries.

In April 2022, Maxell launched a sustainability initiative aimed at improving the recyclability of its hearing aid batteries and reducing environmental impact.

In October 2020, Duracell established strategic partnerships with leading hearing aid manufacturers to provide tailored battery solutions for their devices.

Battery Types Covered:

• Zinc-Air Batteries
• Lithium-Ion Batteries
• Silver-Zinc Batteries
• Other Battery Types

Hearing Aid Types Covered:

• Behind-the-Ear (BTE)
• In-the-Ear (ITE)
• Completely-in-Canal (CIC)

Battery Sizes Covered:

• Size 10 (Yellow)
• Size 312 (Brown)
• Size 13 (Orange)
• Size 675 (Blue)

Rechargeabilities Covered:

• Disposable Batteries
• Rechargeable Batteries

Sales Channels Covered:

• Online Retail
• Specialty Stores
• Pharmacies/Drugstores

Applications Covered:

• Personal Hearing Aids
• Medical Devices
• Other Applications

End Users Covered:

• Adults
• Children
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, 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

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Hearing Aid Battery Market, By Battery Type

• 5.1 Introduction
• 5.2 Zinc-Air Batteries
• 5.3 Lithium-Ion Batteries
• 5.4 Silver-Zinc Batteries
• 5.5 Other Battery Types

6 Global Hearing Aid Battery Market, By Hearing Aid Type

• 6.1 Introduction
• 6.2 Behind-the-Ear (BTE)
• 6.3 In-the-Ear (ITE)
• 6.4 Completely-in-Canal (CIC)

7 Global Hearing Aid Battery Market, By Battery Size

• 7.1 Introduction
• 7.2 Size 10 (Yellow)
• 7.3 Size 312 (Brown)
• 7.4 Size 13 (Orange)
• 7.5 Size 675 (Blue)

8 Global Hearing Aid Battery Market, By Rechargeability

• 8.1 Introduction
• 8.2 Disposable Batteries
• 8.3 Rechargeable Batteries

9 Global Hearing Aid Battery Market, By Sales Channel

• 9.1 Introduction
• 9.2 Online Retail
• 9.3 Specialty Stores
• 9.4 Pharmacies/Drugstores

10 Global Hearing Aid Battery Market, By Application

• 10.1 Introduction
• 10.2 Personal Hearing Aids
• 10.3 Medical Devices
• 10.4 Other Applications

11 Global Hearing Aid Battery Market, By End User

• 11.1 Introduction
• 11.2 Adults
• 11.3 Children
• 11.4 Other End Users

12 Global Hearing Aid Battery Market, By Geography

• 12.1 Introduction
• 12.2 North America
  • 12.2.1 US
  • 12.2.2 Canada
  • 12.2.3 Mexico
• 12.3 Europe
  • 12.3.1 Germany
  • 12.3.2 UK
  • 12.3.3 Italy
  • 12.3.4 France
  • 12.3.5 Spain
  • 12.3.6 Rest of Europe
• 12.4 Asia Pacific
  • 12.4.1 Japan
  • 12.4.2 China
  • 12.4.3 India
  • 12.4.4 Australia
  • 12.4.5 New Zealand
  • 12.4.6 South Korea
  • 12.4.7 Rest of Asia Pacific
• 12.5 South America
  • 12.5.1 Argentina
  • 12.5.2 Brazil
  • 12.5.3 Chile
  • 12.5.4 Rest of South America
• 12.6 Middle East & Africa
  • 12.6.1 Saudi Arabia
  • 12.6.2 UAE
  • 12.6.3 Qatar
  • 12.6.4 South Africa
  • 12.6.5 Rest of Middle East & Africa

13 Key Developments

• 13.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 13.2 Acquisitions & Mergers
• 13.3 New Product Launch
• 13.4 Expansions
• 13.5 Other Key Strategies

14 Company Profiling

• 14.1 Energizer Holdings, Inc.
• 14.2 Duracell Inc.
• 14.3 Rayovac (Spectrum Brands, Inc.)
• 14.4 Varta Microbattery
• 14.5 Panasonic Corporation
• 14.6 Renata Batteries (Swatch Group)
• 14.7 Saft Group
• 14.8 Accu-Chek (Roche)
• 14.9 Eveready Industries India Ltd.
• 14.10 Maxell Holdings, Ltd.
• 14.11 Fujitsu Limited
• 14.12 Toshiba Corporation
• 14.13 Apex Battery Company
• 14.14 Hearing Life (part of the Amplifon Group)
• 14.15 Power One (Varta)