Hospitals and Clinics Segment to Dominate Europe Medical Audiometer Devices Market during 2019–2028

According to a new market research study on “Europe Medical Audiometer Devices Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and End User,” is expected to reach US$ 47.29 million by 2028 from US$ 35.74 million in 2021. The market is estimated to grow at a CAGR of 4.1% from 2021 to 2028. Increased awareness about hearing impairment and respective management is the major factor driving the growth of the Europe medical audiometer devices market. However, shortage of trained professionals for using audiometers may hinder the growth of Europe medical audiometer devices market. The report provides trends prevailing in the Europe medical audiometer devices market along with the drivers and restraints pertaining to the market growth.

Europe has been massively hit by the COVID-19 spread, with most countries being in lockdown. The routine healthcare services were cancelled and patients were recommended to avoid hospital visits to minimize the risk of COVID-19 transmission, leading to significant disruption to the provision of healthcare service and patient care. The medical audiometer devices market witnessed a shortfall at the beginning of the COVID-19 crisis because of interruption in supply chain and demand due to the lockdown announced by most European countries that caused disruptions in manufacturing and supply chain operations. Additionally, appointments and undergoing hearing loss and disorder examinations have been delayed in many clinics. Audiology services represent one of the busiest and heavily outpatient-oriented specialties, but due to COVID 19 pandemic, around 61% of nationally employed and 26% of independent hearing care professionals are being furloughed in the UK. The lockdown resulted in the cancellation of thousands of visits and hearing loss procedures; this potentially led to permanent and significant harm to patients’ care. Joint clinical guidance from UK Audiology professional bodies encouraged the use of remote care, where possible, to limit face-to-face consultations. Hence, most hearing care professionals have adopted telehealth services in response to the COVID-19 pandemic. This could lead to the development of tools and information provisions to support HCPs in adopting telehealth practices to provide increased patient benefit. This is not only relevant in the current context of the COVID-19 pandemic, but also when considering the need to better serve people with hearing loss who have limited mobility in rural settings.

The Europe medical audiometer devices market is segmented into type, end user, and country. Based on type, the medical audiometer devices market is segmented into hybrid audiometers, standalone audiometers, and PC-based audiometer. In 2021, the PC-based audiometer segment held the largest share of the market. Based on end user the medical audiometer devices market is divided into hospitals and clinics, research centers, and diagnostic centers. The hospitals and clinics segment is expected to the fastest growing segment over the forecast period. On the basis of country, the market is segmented into Germany, UK, France, Italy, Spain, and rest of Europe. Germany accounts for largest market share in the 2021. 

Auditdata, Hedera Biomedics S.r.l., Hill Rom Holding Inc, INTERACOUSTICS AS, INVENTIS SRL, MedRx, Natus Medical Incorporated, and RESONANCE are among the leading companies in the Europe medical audiometer devices market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2021, Hillrom announced major technological advances to its market-leading physical assessment tools with the new Welch Allyn MacroView Plus Otoscope launch

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