This Persistence Market Research report examines the global neonatal hearing screening devices market for the period 2017–2025. ABR testing forms an important part of the neonatal hearing screening devices market. ABR testing is an electrophysiological measurement which gives the information about the inner ear or auditory nerve. The ABR measurement provides information on the degree, type and configuration of hearing loss. Auditory brainstem response (ABR) is a physiological measure of the brainstem's response to sound. The test is performed by placing four to five electrode on the infants head and variety of sounds is presented to the infant through small earphones. This response is recorded and analyzed by the computer as a “pass” or “refer”. Testing usually takes 5 to 15 minutes to complete.
A comprehensive report organized in the best possible manner for enhanced clarity
In order to have an ease of understanding and for the better organization of the report, the report on global neonatal hearing screening devices market has been divided into four distinct parts. The first part of the report contains the introduction section that contains the executive summary of the report along with the market taxonomy and the definition of neonatal hearing screening devices. This valuable section of the report also contains information on the market viewpoint of the global neonatal hearing screening devices market and the macroeconomic factors affecting this market. In addition, pricing analysis of the global neonatal hearing screening devices market along with the regulatory scenario for this market is also given in this section. Besides, the scenario of reimbursement of neonatal infant care devices is also given.
The second part of the report contains the regional neonatal hearing screening devices market analysis and the regions are chosen as per the market taxonomy. In this section of the report, the regional market numbers are discussed in great detail along with the regional drivers, restraints and trends affecting the respective regional markets. The last part of the report contains the global neonatal hearing screening devices market analysis and forecast by product type, modality, end user and by region. This section of the report contains important market numbers in the form of market attractiveness index, incremental dollar opportunity and basis point share analysis.
Competition landscape is an important source for valuable market intelligence
Another part of the report features the competition landscape of the global neonatal hearing screening devices market and has information on the key players operating in this market. The competition landscape contains detailed information on the important companies operating in the global neonatal hearing screening devices market in the form of company description, product overview, key developments, strategic overview and key financials of each of the featured companies along with the SWOT analysis of the companies. This competition landscape is a valuable part of the report as it contains all the necessary information to study the leading companies operating in the global neonatal hearing screening devices market in detail and also reveals how they implement their strategies and vision to stay at top in this highly competitive market.
An up-to-date and robust research methodology for gaining accuracy
Overall market size has been analyzed through historical data, primary responses, and public domain data. Revenue of companies in the global neonatal hearing screening devices market has been benchmarked to ascertain the market size for the base year. Macroeconomic indicators such as GDP and industry growth have been considered to forecast the market size over the forecast period. The historical growth trend of end-use industries, market participants’ performance, as well as the present macro-economic outlook has been taken into consideration for estimating the overall market trend forecast. This data is then validated using the triangulation method and is extensively scrutinized using advanced tools to garner quantitative and qualitative insights into the global neonatal hearing screening devices market.
By Product Type
By End User
High birth rate in developing and under developed regions creates a huge potential for neonatal hearing screen devices market
According to a list published by the World Bank, several countries exhibited very high birth rates in 2010. These include the Republic of Niger, Mali, Zambia, Chad, and Uganda. Since many African nations exhibit very high birth rates, they also face an increased risk of neonatal problems. Many children in the Middle East and Africa are born with bilateral or permanent hearing loss. Hence, these nations would require extensive investments in neonatal care. Many Asian countries such as Afghanistan, Yemen and Iraq have also exhibited high birth rates, therefore requiring high neonatal care. Developing countries such as India have large population out of which 75% people live in rural areas who need more care and screening. Several developing countries such as Saudi Arabia, India, South Africa, and Mexico witness moderate birth rates, which would again contribute extensively towards the growing demand for neonatal care equipment. Most of these regions still lack new and advanced neonatal care equipment. There is a huge potential for neonatal hearing screen devices market in such regions.
Initiatives towards improving neonatal care boosting the market growth
Several countries across the world have undertaken various initiatives to improve neonatal hearing screening. For instance, the U.S. government is pursuing health activities through its early hearing detection and intervention (EHDI) programs, which is responsible for developing and operating a newborn hearing screening system and for providing diagnosis, early intervention and family support. This strategy was developed in consultation with partner countries, the U.S. Congress, civil society organizations, other governments and donors, multilateral and international institutions, and private sector partners.
Many non-profit organizations around the world have started different programs to impart knowledge and information to the public, especially hearing screening programs. Various governments along with private firms have set up hospitals and healthcare facilities to make pediatric and neonatal care more accessible. These measures have brought the expenditures down for price sensitive consumers. Such initiatives by governments and other organizations are likely to increase the number of people availing these services and contribute to the growth of this market.
Technological advances in screening and intervention modalities in the United States
Recent technological advances have made universal newborn hearing screening (UNHS) feasible and have led to a radical revision of screening methods and opened the door to scientific evaluation for the benefit of early intervention. Use of portable and handheld devices and accuracy in the diagnosis of the hearing screening of infants in the U.S. drives the overall neonatal hearing screening devices market. With the improvement in OAE and ABR Technique, federally funded projects and clinical screening programs have combined to demonstrate the practicality and efficacy of UNHS programs.
Global Neonatal Hearing Screening Devices Market Analysis and Forecast, By Region
As per the forecasts provided by Persistence Market Research, the North America neonatal hearing screening devices market was estimated to be valued at US$ 6.7 Mn in 2017 and is anticipated to reach a valuation of US$ 9.2 Mn in 2025, exhibiting a CAGR of 4.1% during the period of assessment 2017-2025. The Europe neonatal hearing screening devices market was estimated to be valued at US$ 7.4 Mn in 2017 and is likely to reach a valuation of US$ 10.9 Mn in 2025, exhibiting a CAGR of 4.9% during the period of forecast.