Allied Market Research published a report, titled, “Hearing Amplifiers Market by Product (Behind-the-ear, In-the-ear), Type (Analog Hearing Aids, Digital Hearing Aids) and Distribution Channel (Hospital pharmacies, online pharmacies, others): Global Opportunity Analysis and Industry Forecast, 2021–2030.” According to the report, the global hearing amplifiers industry generated $80.66 million in 2020, and is projected to reach $123.81 million by 2030, witnessing a CAGR of 4.5% from 2021 to 2030.
Technological advancements and rise in prevalence of hearing loss among the geriatric population drive the growth of the global hearing amplifiers market
For Right Perspective and Competitive Insights, Get Sample Report at: https://www.alliedmarketresearch.com/request-sample/11355
Hearing loss is the loss of hearing in one or both ears, ranging from mild to profound. There are many causes, and it can affect anyone at any age, but it’s most common among people older than 60 years age.
The major causes for hearing loss are age-related hearing loss, exposure to excessive noise, or family history of genetic disorder. There are various solutions for hearing loss, including hearing amplifiers and aids. The hearing amplifiers is categorized into product, type, distribution channel, and region. Hearing loss is also associated with overuse of ototoxic drugs, trauma or injury to the head, Meniere’s disease, otosclerosis or autoimmune disease and acoustic neuroma.
Hearing loss has a major impact on the emotional, psychological, and social life; patients suffering from hearing loss get fewer educational and job opportunities due to impaired communication, social withdrawal due to reduced access to services and difficulties communicating with others, and emotional problems caused by a drop in self-esteem and confidence. This propels the development of effective solutions for the treatment of the same and advances in the hearing amplifiers. According to the National Institute on Deafness and other Communication Diseases, 15% of American adults suffer from hearing amplifiers. This also indicates that approximately 37.5 million of the U.S. residents have some trouble hearing.
Some of the other factors responsible for substantial market growth include increasing prevalence of hearing loss disorders globally, rising geriatric population globally, advances in the technology of hearing amplifiers and favorable regulatory scenario for the sales of the global hearing amplifiers market.
Covid-19 Scenario
- The Covid-19 pandemic affected the hearing amplifiers market negatively due to lockdown measures that led to disruptions in the manufacturing activities and R&D activities.
- According to a new study conducted by Hearing Health Foundation, more than 87% of the people suffering from different hearing disorders faced difficulty in communication. Moreover, owing to the Covid-19 outbreak, the elective procedures were also postponed in several countries to take care of patients suffering from Covid-19 infection and prevent the possibility of cross-contamination.
- Many hospitals restricted visits from interpreters and instructors and they offered instructions through video conferencing.
Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert: https://www.alliedmarketresearch.com/purchase-enquiry/11355
Leading Market Players
- Beurer GmbH
- Etymotic Research, Inc.
- Innerscope Hearing Technologies, Inc.
- IntriCon Corporation
- Sound World Solutions
- Otofonix Hearing Solutions
- MD Hearing Aid
- Cochlear Limited
- Eargo, Inc.
- Starkey Hearing Technologies
Hearing Amplifiers Market Report Highlights
Aspects | Details |
By Product |
|
By Type |
|
By Distribution Channel |
|
By Region |
|
FREQUENTLY ASKED QUESTIONS?
Q1. What is Hearing Amplifiers?
Q2. What is the total market value of Global Hearing Amplifiers Market report ?
Q3. What would be forecast period in the market report?
Q4. What is the market value of Global hearing amplifiers Market in 2030?
Q5. Which are the top companies hold the market share in Global hearing amplifiers Market?
Q6. Which is the most influencing segment growing in the Global hearing amplifiers Market report?
Q7. What are the key trends in the Global hearing amplifiers Market report?
Q8. What are the market values / growth % of emerging countries?
Q9. Which is base year calculated in the Global hearing amplifiers Market report?
Q10. What are hearing amplifiers used for ?
Inquire Before Buying : https://www.alliedmarketresearch.com/purchase-enquiry/11355
𝐓𝐫𝐞𝐧𝐝𝐢𝐧𝐠 𝐑𝐞𝐩𝐨𝐫𝐭𝐬 𝐢𝐧 𝐇𝐞𝐚𝐥𝐭𝐡𝐜𝐚𝐫𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲:
𝐀𝐧𝐭𝐢𝐧𝐮𝐜𝐥𝐞𝐚𝐫 𝐀𝐧𝐭𝐢𝐛𝐨𝐝𝐲 𝐓𝐞𝐬𝐭 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 2031
𝐒𝐢𝐧𝐠𝐥𝐞 𝐂𝐞𝐥𝐥 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 2031
𝐈𝐦𝐦𝐮𝐧𝐨𝐡𝐢𝐬𝐭𝐨𝐜𝐡𝐞𝐦𝐢𝐬𝐭𝐫𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 2031
𝐂𝐨𝐦𝐩𝐨𝐮𝐧𝐝𝐢𝐧𝐠 𝐏𝐡𝐚𝐫𝐦𝐚𝐜𝐢𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 2031
𝐓𝐞𝐧𝐝𝐨𝐧 𝐑𝐞𝐩𝐚𝐢𝐫 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡, 2031
𝐎𝐫𝐭𝐡𝐨𝐛𝐢𝐨𝐥𝐨𝐠𝐢𝐜𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐮𝐭𝐥𝐨𝐨𝐤 – 20231