In the United Kingdom, hearing aids are dispensed through both the public healthcare system and private retail shops. The National Health Service (NHS) supplies hearing aids for free to patients (without any official reimbursement amount), which has significantly contributed to the country having one of the highest penetration rates in all of Europe. However, patients who acquire hearing aids through the private sector receive no reimbursement from the government. Furthermore, hearing aid batteries are distributed to the public for free by the NHS.
The total hearing aid market includes both manufacturer revenue and retail revenue. The manufacturer hearing aid market segment represents the revenue generated from manufacturers selling their hearing aids to retailers. The retail hearing aid market segment represents the revenue generated from retailers selling hearing aids to end users. This approach was taken in order to do a comparison of the market revenue of the manufacturers of the hearing aid devices versus the retail hearing aid sales.
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TABLE OF CONTENTS I
LIST OF FIGURES IV
LIST OF CHARTS V
EXECUTIVE SUMMARY 1
EUROPEAN HEARING DEVICE MARKET OVERVIEW 1
COMPETITIVE ANALYSIS 3
MARKET TRENDS 5
MARKET DEVELOPMENTS 6
MARKETS INCLUDED 7
KEY REPORT UPDATES 8
VERSION HISTORY 8
RESEARCH METHODOLOGY 9
1.1 RESEARCH SCOPE 9
1.2 IDATA’S 9-STEP METHODOLOGY 9
Step 1: Project Initiation & Team Selection 9
Step 2: Prepare Data Systems and Perform Secondary Research 11
Step 3: Preparation for Interviews & Questionnaire Design 12
Step 4: Performing Primary Research 13
Step 5: Research Analysis: Establishing Baseline Estimates 15
Step 6: Market Forecast and Analysis 16
Step 7: Identify Strategic Opportunities 18
Step 8: Final Review and Market Release 19
Step 9: Customer Feedback and Market Monitoring 20
COUNTRY PROFILES 21
2.1 INTRODUCTION 21
2.1.1.1 Population 21
2.1.1.2 Median Age 21
2.1.1.3 Hearing Aid Penetration Rate 21
2.1.1.4 GDP Per Capita 21
2.1.1.5 Price Index 22
2.2 UNITED KINGDOM 23
UNITED KINGDOM HEARING AID MARKET 24
3.1 INTRODUCTION 24
3.1.1 Reimbursement Policies 24
3.1.2 Industry Structure 24
3.2 HEARING AID COUNTRY STATISTICS 25
3.3 MARKET ANALYSIS AND FORECAST 27
3.3.1 Total Manufacturer Hearing Aid Market 27
3.3.2 Public Manufacturer Hearing Aid Market 30
3.3.3 Private Manufacturer Hearing Aid Market 32
3.3.4 Total Retail Hearing Aid Market 35
3.3.5 Public Retail Hearing Aid Market 38
3.3.6 Private Retail Hearing Aid Market 41
3.4 UNIT ANALYSIS 43
3.4.1 Units Sold by Style 43
3.4.2 Units Sold by Circuit 46
3.4.3 Units Sold by Battery Size 50
3.5 DRIVERS AND LIMITERS 53
3.5.1 Market Drivers 53
3.5.2 Market Limiters 53
3.6 COMPETITIVE MARKET SHARE ANALYSIS 55
3.6.1 Manufacturer Hearing Aid Market 55
3.6.2 Retail Hearing Aid Market 59
ABBREVIATIONS 62
Chart 1 1: Hearing Device Market by Segment, Europe, 2012 – 2022 2
Chart 1 2: Hearing Device Market Overview, Europe, 2012 & 2022 2
Chart 2 1: Country Profile, United Kingdom, 2015 23
Chart 3 1: Total Manufacturer Hearing Aid Market, U.K., 2012 – 2022 29
Chart 3 2: Public Manufacturer Hearing Aid Market, U.K., 2012 – 2022 31
Chart 3 3: Private Manufacturer Hearing Aid Market, U.K., 2012 – 2022 34
Chart 3 4: Total Retail Hearing Aid Market, U.K., 2012 – 2022 37
Chart 3 5: Public Retail Hearing Aid Market, U.K., 2012 – 2022 40
Chart 3 6: Private Manufacturer Hearing Aid Market, U.K., 2012 – 2022 42
Chart 3 7: Leading Competitors, Manufacturer Hearing Aid Market, U.K., 2015 58
Chart 3 8: Leading Competitors, Retail Hearing Aid Market, U.K., 2015 61
Figure 1 1: Hearing Device Market Share Ranking by Segment, Europe, 2015 3
Figure 1 2: Companies Researched in this Report, Europe, 2015 4
Figure 1 3: Factors Impacting the Hearing Device Market by Segment, Europe 5
Figure 1 4: Recent Events in the Hearing Device Market, Europe, 2012 – 2016 6
Figure 1 5: Hearing Device Markets Covered, Europe, 2015 7
Figure 1 6: Key Report Updates 8
Figure 1 7: Version History 8
Figure 3 1: Hearing Aid Statistics, U.K., 2012 – 2022 25
Chart 3 2: Hearing Aid Statistics, U.K., 2012 – 2022 26
Figure 3 3: Total Manufacturer Hearing Aid Market, U.K., 2012 – 2022 28
Figure 3 4: Public Manufacturer Hearing Aid Market, U.K., 2012 – 2022 (€ and US$) 30
Figure 3 5: Private Manufacturer Hearing Aid Market, U.K., 2012 – 2022 (€ and US$) 33
Figure 3 6: Total Retail Hearing Aid Market, U.K., 2012 – 2022 (€ and US$) 36
Figure 3 7: Public Retail Hearing Aid Market, U.K., 2012 – 2022 (€ and US$) 39
Figure 3 8: Private Manufacturer Hearing Aid Market, U.K., 2012 – 2022 (€ and US$) 41
Figure 3 9: Units Sold by Style, U.K., 2012 – 2022 44
Chart 3 10: Units Sold by Style, U.K., 2012 – 2022 45
Figure 3 11: Units Sold by Circuit, U.K., 2012 – 2022 48
Chart 3 12: Units Sold by Circuit, U.K., 2012 – 2022 49
Figure 3 13: Units Sold by Battery Size, U.K., 2012 – 2022 51
Chart 3 14: Units Sold by Battery Size, U.K., 2012 – 2022 52
Figure 3 15: Drivers and Limiters, Hearing Aid Market, U.K., 2015 54
Figure 3 16: Leading Competitors, Manufacturer Hearing Aid Market, U.K., 2015 57
Figure 3 17: Leading Competitors, Retail Hearing Aid Market, U.K., 2015 60
Sonova
Siemens
William Demant
GN ReSound
Widex
Starkey
Others include Audifon, Audina, Audio Service , Eurion, ExSilent, Gewa, Hansaton, Magnatone/Persona Medical, Puretone, Rion, Sebotek, Starkey, etc
