Industry Statistics and Trends
Market size and recent performance (2015-2030)
Industry revenue has grown at a CAGR of 1.7 % over the past five years, to reach an estimated $985.5m in 2025.
Trends and Insights
An ageing population has proven beneficial to the industry
- Like many developed economies, Australia’s population has been trending older, with people aged 65 and over making up a growing share of the population. Since ageing and hearing degradation are correlated, this trend has benefited the Audiology industry, as more and more Australians have needed hearing aids.
- Additional trends and insights available with purchase
Source: IBISWorld
Industry outlook (2025-2030)
Market size is projected to grow over the next five years.
Trends and Insights
Consumer technology and over-the-counter hearing aids will pressure the industry
- Hearing aids that have received approval by the Therapeutic Goods Administration as medical devices can be sold over the counter. While over-the-counter hearing aids aren't used as commonly in Australia as in the United States, a shift towards this more accessible purchasing model will heap pressure on the Audiology industry as it removes them from the supply chain.
Biggest companies in the Audiologists in Australia
There are no companies that hold a large enough market share in the Audiologists in Australia industry for IBISWorld to include in this product.
Products & Services Segmentation
Source: IBISWorld
Industry revenue is measured across several distinct product and services lines, including Hearing aids and related device sales , Diagnostic and clinical services and Implantable hearing devices and speciality products . Hearing aids and related device sales is the largest segment of the Audiologists in Australia.
Trends and Insights
Hearing aids dominate revenue share for the industry
- The primary product category for the industry, hearing aids and related devices cater to individuals with all levels of hearing loss. The behind-the-ear device is the most common product within this category, although receiver-in-canal (RIC) products offer a more discreet alternative with a more natural sound quality. While Australian-specific data is limited, global trends indicate that RIC devices are gaining popularity.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
Audiologists in Australia are university-trained professionals who diagnose and manage hearing and balance disorders. They must complete a master’s degree in audiology and obtain accreditation through Audiology Australia or an equivalent body. Their work includes conducting hearing assessments, fitting and programming hearing aids, and managing cochlear implants. They also provide tinnitus rehabilitation, balance therapy, workplace screenings and paediatric hearing care.
What's included in this industry?
Hearing aids and related devicesDiagnostic and clinical servicesImplantable hearing devices and specialty productsRepair and maintenance and accessoriesCompanies
Purchase this report to view all major companies in this industry.
Related Terms
TINNITUS AUDIOLOGY HEARING SERVICES PROGRAM (HSP) NATIONAL DISABILITY INSURANCE SCHEME (NDIS)Industry Code
ANZSIC 8539 - Audiologists in Australia
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
The Audiology industry is growing thanks to demographic shifts and habits. With more people at risk of hearing degradation through natural ageing, work environment or lifesty...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2015-2024) and forecast (2025-2030)
- Employees, including historical (2015-2024) and forecast (2025-2030)
- Businesses, including historical (2015-2024) and forecast (2025-2030)
- Profit, including historical (2015-2025)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Factors that influence volatility in the industry
- Key success factors for businesses to overcome volatility
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
People aged 65 and older remain the industry’s primary revenue source. Older Australians more commonly encounter hearing difficulties through the natural ageing process. As A...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2025
- Product innovation level
Charts
- Products & services segmentation in 2025
- Major market segmentation in 2025
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
Purchase this report to unlock analyst insights.
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2025
Tables
- Number and share of establishments in each region in 2025
- Number and share of revenue each region accounts for in 2025
- Number and share of wages each region accounts for in 2025
- Number and share of employees in each region in 2025
Detailed analysis
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Audiologists can only operate after receiving relevant qualifications and accreditations. The equipment needed for diagnostic testing and the hearing aids that clinics aim to...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2020-2025
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The industry receives significant assistance through subsidised hearing aid purchases via the NDIS and HSP. In 2023-24, 806,473 Australians received support from the HSP, wit...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Detailed analysis
- Demographic and macroeconomic factors influencing the industry, including Regulation & Policy and Assistance
Financial Benchmarks
View average costs for industry operators and compare financial data against an industry's financial benchmarks over time.
Analyst insights
As the industry derives most of its revenue from product sales, successfully passing on costs to clients can determine audiologists’ profit margins. The strength of the Austr...
In this chapter
- Cost Structure
- Financial Ratios
- Key Ratios
Key metrics
- Profit margin, and how it compares to the sector-wide margin
- Average wages, and how it compares to the sector-wide average wage
- Largest cost component as a percentage of revenue
- Industry average ratios for days' receivables, industry coverage and debt-to-net-worth ratio
Charts
- Average industry operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Average sector operating costs as a share of revenue, including purchases, wages, depreciation, utilities, rent, other costs and profit in 2025
- Investment vs. share of economy
Data tables
- Cash Flow & Debt Service Ratios (2015-2030)
- Revenue per Employee (2015-2030)
- Revenue per Enterprise (2015-2030)
- Employees per Establishment (2015-2030)
- Employees per Enterprise (2015-2030)
- Average Wage (2015-2030)
- Wages/Revenue (2015-2030)
- Establishments per Enterprise (2015-2030)
- IVA/Revenue (2015-2030)
- Imports/Demand (2015-2030)
- Exports/Revenue (2015-2030)
Detailed analysis
- Trends in the cost component for industry operators and their impact on industry costs and profitability
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2015-2030)
- IVA (2015-2030)
- Establishments (2015-2030)
- Enterprises (2015-2030)
- Employment (2015-2030)
- Exports (2015-2030)
- Imports (2015-2030)
- Wages (2015-2030)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the market size of the Audiologists industry in Australia in 2025?
The market size of the Audiologists industry in Australia is $985.5m in 2025.
How many businesses are there in the Audiologists in Australia industry in 2025?
There are 626 businesses in the Audiologists industry in Australia, which has grown at a CAGR of 3.4 % between 2020 and 2025.
Has the Audiologists industry in Australia grown or declined over the past 5 years?
The market size of the Audiologists industry in Australia has been growing at a CAGR of 1.7 % between 2020 and 2025.
What is the forecast growth of the Audiologists industry in Australia over the next 5 years?
Over the next five years, the Audiologists industry in Australia is expected to grow.
What does the Audiologists in Australia include?
Hearing aids and related devices and Diagnostic and clinical services are part of the Audiologists industry.
How competitive is the Audiologists industry in Australia?
The level of competition is moderate and increasing in the Audiologists industry in Australia.
Related Industries
Widen your competitive advantage with related industries
Competitors
Complementors
View all industries in Australia
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Key data sources in Australia include:
- Australian Bureau of Statistics
- Australian Taxation Office
- Australian Securities & Investments Commission
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
Learn more about our methodology and data sourcing on the Help Center.
