Asia Pacific Medical Audiometer Devices Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (PC-Based Audiometer, Standalone Audiometers, and Hybrid Audiometers) and End User (Hospitals and Clinics, Diagnostic Centers, and Research Centers)
The medical audiometer devices market in APAC is expected to grow from US$ 28.97 million in 2021 to US$ 41.60 million by 2028; it is estimated to grow at a CAGR of 5.3% from 2021 to 2028.
Developing countries offer significant growth opportunities to the medical audiometer devices market players. This can be attributed to their low regulatory barriers, improvements in healthcare infrastructure, growing patient population, and rising healthcare expenditure. In addition, the regulatory policies in Asia Pacific are more adaptive and business-friendly than those in developed countries. This, along with the increasing competition in mature markets, has drawn key players to the medical audiometer devices market to expand their presence in emerging countries. Developing countries have the world's highest prevalence of hearing loss and scarce hearing screening programs. Mobile devices such as smartphones have potential for audiometric testing. For instance, Quadio Labs, India, launched Q+ hearing mobile app. This app has inbuilt hearing tests and adaptive sound processing technology that can convert smartphones into a hearing aid. In India, hearing loss is the second-largest disability that affects more than 120 million lives with majority patients are over the age of 60. There are less than 2,000 practicing audiologists in India, and therefore, most people have never actually received treatment until their hearing has degraded severely with age. These factors would offer significant growth opportunities for APAC medical audiometer devices market during the forecast period.
The enormous demand for effective therapies for the treatment of COVID-19 has put the healthcare research industry in a critical situation. Asian economies were among the earliest epicenters of the COVID-19 pandemic but were also more effective in controlling and managing the spread of the virus. Powerful economies such as Japan and South Korea felt the disruption that the pandemic caused. For instance, the pandemic led the Japanese economy to contract by 29% on an annualized basis. In December 2020, real wages fell for the 10th consecutive month, reaching their worst level. Exports initially dropped 11.1%, their lowest since 2012, following China’s contraction at the beginning of 2020, and accounted for roughly half of last year’s economic contraction. In the early discovery of cases, contact tracing hit country, treatment of patients, and public health workforce workers in clinical settings played a crucial role. The shutdown of various plants and factories affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in the global market. A few companies have already announced possible delays in product deliveries and slump in future sales of their products.
APAC Medical Audiometer Devices Market Revenue and Forecast to 2028 (US$ Million)
APAC Medical Audiometer Devices Market Segmentation
APAC Medical Audiometer Devices Market – By Type
- PC-Based Audiometers
- Standalone Audiometers
- Hybrid Audiometers
APAC Medical Audiometer Devices Market – By End User
- Hospitals and Clinics
- Diagnostic Centres
- Research Centres
APAC Medical Audiometer Devices Market– By Country
- China
- Japan
- India
- South Korea
- Australia
- Rest of APAC
APAC Medical Audiometer Devices Market-Companies Mentioned
- Auditdata
- Hill Rom Holding Inc.
- INTERACOUSTICS AS
- Natus Medical Incorporated
1. Introduction
1.1 Scope of the Study
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
1.2.1 APAC Medical Audiometer Devices Market – By Type
1.2.2 APAC Medical Audiometer Devices Market – By End User
1.2.3 APAC Medical Audiometer Devices Market – By Country
2. APAC Medical Audiometer Devices Market – Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Medical Audiometer Devices Market– Market Landscape
4.1 Overview
4.2 APAC PEST Analysis
4.3 Experts Opinion
5. APAC Medical Audiometer Devices Market– Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Prevalence of Hearing Disorders
5.1.2 Surge in Geriatric Population
5.1.3 Increased Awareness About Hearing Impairment
5.2 Market Restraints
5.2.1 Shortage of Trained Professionals for Using Audiometers
5.3 Market Opportunities
5.3.1 Growing Focus of Market Players and Governments on Addressing Hearing Impairment Issues in Developing Countries
5.4 Future Trends
5.4.1 Rising Emphasis on Digital Diagnostic Hearing Devices
5.5 Impact analysis
6. Medical Audiometer Devices Market– APAC Analysis
6.1 APAC Medical Audiometer Devices Market Revenue Forecast and Analysis
7. APAC Medical Audiometer Devices Market Analysis – By Type
7.1 Overview
7.2 APAC Medical Audiometer Devices Market Share by Type, 2021 & 2028 (%)
7.3 Hybrid Audiometers
7.3.1 Overview
7.3.2 Hybrid Audiometers Market Revenue and Forecast to 2028 (US$ Million)
7.4 Standalone Audiometers
7.4.1 Overview
7.4.2 Standalone Audiometers Market Revenue and Forecast to 2028 (US$ Million)
7.5 PC-Based Audiometer
7.5.1 Overview
7.5.2 PC-Based Audiometer Market Revenue and Forecast to 2028 (US$ Million)
8. APAC Medical Audiometer Devices Market Analysis – By End User
8.1 Overview
8.2 APAC Medical Audiometer Devices Market Share, by End User, 2021 and 2028 (%)
8.3 Hospitals and Clinics
8.3.1 Overview
8.3.2 Hospitals and Clinics: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
8.4 Research Centers
8.4.1 Overview
8.4.2 Research Centers: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
8.5 Diagnostic Centers
8.5.1 Overview
8.5.2 Diagnostic Centers: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
9. APAC Medical Audiometer Devices Market – Country Analysis
9.1 Overview
9.1.1 APAC: Medical Audiometer Devices Market, by Country, 2021 & 2028 (%)
9.1.1.1 China: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 China: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.2 China: Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
9.1.2 China: Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
9.1.2.1 Japan: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.1 Japan: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.1.2 Japan: Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
9.1.2.1.3 Japan: Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
9.1.2.2 India: Medical Audiometer Devices Market - Revenue and Forecasts to 2028 (USD Million)
9.1.2.2.1 India: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.2.2 India: Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
9.1.2.2.3 India: Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
9.1.2.3 South Korea: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.1 South Korea: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.3.2 South Korea: Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
9.1.2.3.3 South Korea: Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
9.1.2.4 Australia: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.1 Australia: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.4.2 Australia: Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
9.1.2.4.3 Australia: Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
9.1.2.5 Rest of APAC: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.1 Rest of APAC: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
9.1.2.5.2 Rest of APAC: Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
9.1.2.5.3 Rest of APAC: Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
10. Impact of COVID-19 Pandemic on APAC Medical Audiometer Devices Market
10.1 APAC: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Overview
11.2 Inorganic Growth Strategies
11.2.1 Overview
11.3 Organic Growth Strategies
11.3.1 Overview
12. Company Profiles
12.1 Natus Medical Incorporated
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Auditdata
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 INTERACOUSTICS AS
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Hill Rom Holding Inc.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. APAC Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
Table 2. China Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
Table 3. China Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 4. Japan Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
Table 5. Japan Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 6. India Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
Table 7. India Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 8. South Korea Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
Table 9. South Korea Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 10. Australia Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
Table 11. Australia Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 12. Rest of APAC Medical Audiometer Devices Market Revenue and Forecast to 2028, by Type (US$ Million)
Table 13. Rest of APAC Medical Audiometer Devices Market Revenue and Forecast to 2028, by End User (US$ Million)
Table 14. Recent Inorganic Growth Strategies
Table 15. Recent Organic Growth Strategies
Table 16. Glossary of Terms
LIST OF FIGURES
Figure 1. APAC Medical Audiometer Devices Market Segmentation
Figure 2. APAC Medical Audiometer Devices Market Segmentation, By Country
Figure 3. APAC Medical Audiometer Devices Market Overview
Figure 4. PC-Based Audiometer Segment Held the Largest Share in 2021
Figure 5. China to Show Significant Growth During Forecast Period
Figure 6. APAC PEST Analysis
Figure 7. APAC Medical Audiometer Devices Market: Impact Analysis of Driver and Restraints
Figure 8. APAC Medical Audiometer Devices Market– Revenue Forecast and Analysis
Figure 9. APAC Medical Audiometer Devices Market Share by Type, 2021 & 2028 (%)
Figure 10. APAC Hybrid Audiometers Market Revenue and Forecast to 2028 (US$ Million)
Figure 11. APAC Standalone Audiometers Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. APAC PC-Based Audiometer Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. APAC Medical Devices Market Share, by End User, 2021 and 2028 (%)
Figure 14. APAC Hospitals and Clinics: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 15. APAC Research Centers: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 16. APAC Diagnostic Centers: Medical Audiometer Devices Market– Revenue and Forecast to 2028 (US$ Million)
Figure 17. APAC: Medical Audiometer Devices Market, by Key Country – Revenue (2021) (US$ Million)
Figure 18. APAC: Medical Audiometer Devices Market, by Country, 2021 & 2028 (%)
Figure 19. China Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Japan: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. India: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. South Korea: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Australia: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Rest of APAC: Medical Audiometer Devices Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Impact of COVID-19 Pandemic on Medical Audiometer Devices Market in APAC Countries
- Auditdata
- Hill Rom Holding Inc.
- INTERACOUSTICS AS
- Natus Medical Incorporated
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the APAC medical audiometer devices market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the APAC medical audiometer devices market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth APAC market trends and outlook coupled with the factors driving the medical audiometer devices market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution