Global Audiology Devices Market Size & Outlook, 2024-2030
The audiology devices industry worldwide is expected to reach a projected revenue of US$ 21,125.3 million by 2030. A compound annual growth rate of 6.2% is expected of the worldwide audiology devices industry from 2025 to 2030.
Revenue, 2024 (US$M)
$14,725.0
Forecast, 2030 (US$M)
$21,125.3
CAGR, 2025 - 2030
6.2%
Report Coverage
Worldwide
Global audiology devices market, 2018-2030 (US$M)
Related Markets
Global audiology devices market highlights
- The global audiology devices market generated a revenue of USD 14,725.0 million in 2024 and is expected to reach USD 21,125.3 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 6.2% by 2030.
- In terms of segment, hearing aids accounted for a revenue of USD 9,039.0 million in 2024.
- Hearing Aids is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 14,725.0 million |
| Market revenue in 2030 | USD 21,125.3 million |
| Growth rate | 6.2% (CAGR from 2025 to 2030) |
| Largest segment | Hearing aids |
| Fastest growing segment | Hearing Aids |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hearing Aids, Cochlear Implants, BAHA/BAHS, Diagnostic Devices, Surgical Devices |
Other key industry trends
- In terms of revenue, the North America accounted for 32.9% of the global audiology devices market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 1,256.3 million by 2030.
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Audiology Devices Market Scope
Audiology devices market segmentation & scope
Audiology Devices Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global audiology devices market size, by regions, 2018-2030 (US$M)
Top 10 countries: Audiology devices market size, 2024 (US$M)
Global audiology devices market share, by product, 2024 & 2030 (%, US$M)
Audiology devices market: Opportunity assessment by country
Global audiology devices market, by region, 2024 (US$M)
Related regional statistics
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