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The global hearable devices market is expected to reach USD 23.24 Billion by 2023

The market for hearing aids accounted for the largest market in 2016. The huge market of hearing aids is accounted because of the increasing number of the hearing-impaired population across the globe. According to World Health Organization (Switzerland), more than 5 % of world’s population suffers from hearing loss. Companies in the market have a strong distribution network to ensure the customized hearing aid devices. They started offering new capabilities in hearables to the elderly and other patients. These hearable devices also help manage particular health conditions and disease states.<br>For more visit: https://www.marketsandmarkets.com/Market-Reports/hearable-devices-market-107674255.html?utm_source=PPT&utm_medium=7278

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The global hearable devices market is expected to reach USD 23.24 Billion by 2023

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  1. Hearable Devices Market by Product ((Headset (Traditional Headset, Earbuds), Headphone, and Hearing Aids (Smart, Regular)), Technology (Bluetooth, Wi-Fi), Application (Consumer, Healthcare), and Geography - Global Forecast to 2023 www.MarketsandMarkets.com

  2. According to the new research report "Hearable Devices Market by Product ((Headset (Traditional Headset, Earbuds), Headphone, and Hearing Aids (Smart, Regular)), Technology (Bluetooth, Wi-Fi), Application (Consumer, Healthcare), and Geography - Global Forecast to 2023“ The hearable devices market is expected to be worth USD 23.24 Billion by 2023, at a CAGR of 9.98% between 2017 and 2023. The growth of this market is mainly driven by the growing demand for smartphones as a source of entertainment; consumer preference for wearable and portable devices; increasing demand for health monitoring applications and hearing aids; and high investment in R&D for hearables by OEMs. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=107674255&utm_source=PPT&utm_medium=7278

  3. Market for hearing aids held the largest size in 2016 The huge market of hearing aids is accounted because of the increasing number of the hearing-impaired population across the globe. According to World Health Organization (Switzerland), more than 5 % of world’s population suffers from hearing loss. Companies in the market have a strong distribution network to ensure the customized hearing aid devices. These hearable devices also help manage particular health conditions and disease states. Also, an increasing number of advanced clinics and recommendations from audiologist have given boosted the adoption of hearing aids among the consumers. Market for digital hearing aids is expected to grow at the highest rate during the forecast period Digitally programmable hearing aids possess all the features of analog aids, but they use digitized sound processing. They are usually self-adjusting and offer greater precision for speech recognition and noise reduction. Digital hearing aids allow the use of the latest wireless connecting technologies such as Bluetooth and others.

  4. The Americas accounted for the largest share of the hearable devices market in 2016 The market in the Americas is likely to be fueled by the increase in sale and distribution of hearing aids. The growing population of music listeners, increasing digital music sales, and the popularity of audio and video entertainment segment are expected to influence the regional market positively over the next decade. Technological improvements are mainly driving the hearable devices market in the Americas. The market for digital hearing aids is expected to grow at the highest rate during the forecast period. Digitally programmable hearing aids possess all the features of analog aids, but they use digitized sound processing. They are usually self-adjusting and offer greater precision for speech recognition and noise reduction. Digital hearing aids allow the use of the latest wireless connecting technologies such as Bluetooth and others. The evolution of technology allows people to measure heart rates and other parameters such as body temperature, blood pressure, pulse oximetry, electrocardiogram (ECG), electroencephalogram signals, and others using various smart hearable devices available in the market.

  5. Browse >> 73marketdata tables 48figures 152 Pages and in-depth TOC on “Hearable Devices Market - Global Forecast to 2023” Early buyers will receive 10% customization on this report. This is a Premium Report Priced at Single user : US $5650 Corporate User : US$8150 This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  6. Key players - The Hearable Devices Market is dominated by • Starkey Hearing Technology Inc. (US) • BragiGmBH (Germany) • Doppler Labs Inc. (US) • Miracle-Ear, Inc. (US) • ValancellInc. (US) • Samsung Electronics Co., Ltd. (South Korea) • Earin AB (Sweeden) • NuhearaLtd. (Australia) • KanoaInc. (Curacao) • EargoInc. (US) • GN Store Nord A/S (Denmark) • SivantosPte Ltd. (Singapore) • Apple Inc. (US) • Sennheiser Electronics GmBH For More Information: - https://www.marketsandmarkets.com/Market-Reports/hearable-devices-market-107674255.html?utm_source=PPT&utm_medium=7278

  7. Contact: Mr. Shelly Singh MarketsandMarkets™ INC.630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 Email: sales@marketsandmarkets.com

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