Receiver-in-the-canal (RIC) hearing aids, also referred to as receiver-in-the-ear (RITE) or canal receiver technology (CRT), are smaller than standard Behind the Ear (BTE) models, but are easy to maneuver and can still house a variety of features. Like standard BTEs, they can be worn comfortably behind the ear. However, unlike regular BTE hearing aids, the RIC’s loudspeaker or “receiver” is located outside the housing and positioned at the end of a thin earwire, placed near the ear drum. Since generated sound only has to travel a very short distance with lower transmission loss, less sound energy (and battery power) is required to produce a superior listening experience. This hearing aid is placed like an earplug in the ear canal.
This report contains market size and forecasts of Receiver-in-canal (RIC) Hearing Aids in global, including the following market information:
Global Receiver-in-canal (RIC) Hearing Aids Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Receiver-in-canal (RIC) Hearing Aids Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Receiver-in-canal (RIC) Hearing Aids companies in 2021 (%)
The global Receiver-in-canal (RIC) Hearing Aids market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Digital Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Receiver-in-canal (RIC) Hearing Aids include Starkey, Triton Hearing, ReSound, Widex, Signia, SeboTek, Microson and Benson, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Receiver-in-canal (RIC) Hearing Aids manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Receiver-in-canal (RIC) Hearing Aids Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Receiver-in-canal (RIC) Hearing Aids Market Segment Percentages, by Type, 2021 (%)
Digital
Analog
Global Receiver-in-canal (RIC) Hearing Aids Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Receiver-in-canal (RIC) Hearing Aids Market Segment Percentages, by Application, 2021 (%)
Aldults
Pediatrics
Global Receiver-in-canal (RIC) Hearing Aids Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Receiver-in-canal (RIC) Hearing Aids Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Receiver-in-canal (RIC) Hearing Aids revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Receiver-in-canal (RIC) Hearing Aids revenues share in global market, 2021 (%)
Key companies Receiver-in-canal (RIC) Hearing Aids sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Receiver-in-canal (RIC) Hearing Aids sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Starkey
Triton Hearing
ReSound
Widex
Signia
SeboTek
Microson
Benson