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Hearing Protection Devices Market is expected to account for a market value of US$ 2.8 Bn by 2031 | The 3M Company, Cotral Lab Inc, Custom Protect Ear Inc

01-06-2023 09:47 AM CET | Health & Medicine

Press release from: Persistence Market Research

The hearing protection devices market refers to the market for products that are designed to protect against hearing loss caused by exposure to loud noises. These products include earplugs, earmuffs, and other devices that are worn over or in the ear to reduce the volume of incoming sounds.

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The market for hearing protection devices is expected to see significant growth in the coming years due to the increasing awareness about the importance of hearing protection and the growing prevalence of noise-induced hearing loss. In addition, the increasing adoption of advanced hearing protection technologies, such as electronic noise-cancelling earmuffs, is expected to drive the market.

Worldwide revenue from the hearing protection devices market reached US$ 1.7 Bn in 2021, with the global market estimated to surge ahead at a CAGR of 10.1% and reach a market valuation of US$ 5 Bn by the end of 2031. As per Persistence Market Research analysis, passive hearing protection devices are expected to account for a market value of US$ 2.8 Bn by 2031.

Overall, hearing protection product sales accounted for approximately 18.9% revenue share in the global audiology market in 2021.

 Companies

The 3M Company
Cotral Lab Inc
Custom Protect Ear Inc
David Clark Company
EAR Inc
Elevex Corporation (Delta Plus)
Etymotic Research, Inc.
Gentex Corporation
HONEYWELL INTERNATIONAL INC.
Insta-Mold Products Inc
Moldex-Metric, Inc.
Pacific Coast Laboratories
ReadyMax
Sensear Pty Ltd

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Geographically, the market for hearing protection devices is expected to be dominated by North America and Europe due to the high demand for hearing protection products in these regions and the presence of well-established hearing protection industries. However, the market in Asia Pacific is expected to grow at a significant rate due to the increasing awareness about the importance of hearing protection and the growing industrialization in the region.

Overall, the market for hearing protection devices is expected to see strong growth in the coming years due to the increasing awareness about the importance of hearing protection and the growing prevalence of noise-induced hearing loss.

Competitive Landscape

Mergers and acquisitions are mainly looked upon in this market. Also, various new product launches with the latest technology have been undertaken by several key manufacturers of hearing protection devices.

For instance,

In September 2021, Constant Aviation partnered with hearing protection leader Decibullz on innovative products for the aviation sector.
In August 2021, EAR Inc. entered into a partnership with AudioCardio in relation with the E.A.R. Customized hearing product line.
In March 2021, Honeywell International Inc. introduced a new earplug dispenser with enhanced antimicrobial protection.

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Key Segments Covered in Hearing Protection Devices Industry Research

Hearing Protection Devices Market by Product:

Earplugs

Foam Earplugs

PVC

Polyurethane

Silicone & TPE

Molded Plugs

Attenuation Earplugs

Canal Caps

Ear Muffs

Metal Detectable

Hearing Protection Devices Market by Protection:

Active Hearing Protection Devices

Passive Hearing Protection Devices

Hearing Protection Devices Market by End User:

Construction Sites

Industrial/Factories

Recreational Activities

Transportation

Defense

Firearm Shooting

Sleeping

Live Music Concerts

Biking/Motorbikes

Do It Yourself Work

Others

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Media Contact:
Persistence Market Research
305 Broadway,7th Floor New York City, NY 10007 United States
Call +1-646-568-7751
Call +1 800-961-0353
sales@persistencemarketresearch.com

About Us

Persistence Market Research's Expertise in Life Sciences and Transformational Health

Our expert team of industry analysts comprising management graduates, medical professionals, engineers, and project managers provides insights on emerging therapy areas, diagnostic tools, medical devices and components, reimbursement and market access, biotechnology, and life science research products and services to equip decision-makers with sound inputs and strategic recommendations. Click here to learn more about how we zero in on the critical aspects of this industry.

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