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Hearing Aids Market

The latest Hearing Aids Market Research Report 2030 contains complete Industry outlook, market manufacturers and key statistics analysis. The industry sales & Share, trends are all discussed, explained and analyzed. It provides marketing strategy analysis, distributors/traders list, raw materials analysis, import and export analysis, Key success factors and Supply Chain Analysis.

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Hearing Aids Market

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  1. Hearing Aids Market Outlook, Strategies, Manufacturers, Countries, Type and Application, Global Forecast To 2030 © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Market Scenario of Hearing Aids Market • The Hearing Aids Market report offers detailed competitive landscape of the global market. It includes company, market share analysis, product portfolio of the major industry participants. The report provides detailed segmentation of the Clear Aligners market based on product, technology, end user and region. • The global hearing aids market is expected to witness a commendable growth trajectory over the forecast spell. This is credited to the expanding geriatric population across the globe, susceptible to several hearing loss disorders. • Growing noise pollution, geriatric population, and rapid urbanization are primary factors driving the hearing aids market growth. • The geriatric population is primarily affected by hearing impairment. According to the National Institute on Aging, around one in three people between the ages of 65-74 years have hearing loss, with almost half of the population older than 75 years having difficulty in hearing. © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Continue:- • Geographic location is another factor impacting the prevalence of hearing impairment and drive hearing aids industry demand. As per the World Health Organization (WHO), nearly 80 percent of people with hearing disabilities live in middle- and low-income countries. • Although developed nations have sufficient healthcare infrastructure, rapid urbanization has significantly escalated hearing impairment. Statistics from the National Institute on Deafness and Other Communication Disorders (NIDCD) showcase that around 15% of American adults, which equates to 37.5 million, aged 18 years and over report some hearing impairment. • Some key players in the hearing aids industry are launching new products to address the rising prevalence of hearing loss conditions. Citing an instance, in April 2021, Hansaton unveiled a new hearing platform dubbed Stratos that used its HearIntelligence technology and comprised three new receiver-in-canal hearing aids. © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. 360° Industry Analysis • The hearing aids market is segmented in terms of product, patient, and region. • In terms of product, the Receiver in the ear/Receiver in canal (RITE/RIC) hearing aids accounted for over USD 1.9 billion in 2021. RITE/RIC earbuds are emerging as suitable solutions for mild-to-severe hearing impairment and offer consistent noise reduction enabling the user to focus on the interlocutor's speech. • With respect to patient, the industry is divided into adult and pediatric. Of these, the pediatric segment was valued at over USD 500 million in 2021. Hearing impairment has significantly increased among children over the years. • According to NIDCD, around 2 to 3 out of every 1,000 children in the United States have detectable levels of hearing impairment by birth. High prevalence of hearing loss among children has thus fostered the deployment of hearing aids devices, stimulating market growth. © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Competitive Analysis: • AS AUDIO-SERVICE GmbH • Audina Hearing Instruments • Demant A/S • EARTECHNIC • GN Store Nord A/S • Sonova Holding AG • Starkey • WS Audiology • RION Co. Ltd • Eargo Inc. • ZOUNDS Hearing Inc. • Browse Complete Summary of this report @ https://www.gminsights.com/industry-analysis/hearing-aids-market © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2022 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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