Global Hearing Protection Devices Market Is Booming Worldwide | 3M, Starkey Laboratories India Pvt. Ltd, Honeywell International Inc., Hellberg Safety Ab, Amplifon., Dynamic Ear Company

Hearing loss is the inability to hear any kind of sounds, whereas deafness is the inability to know and understand speech heard even after the sound is amplified. Intense deafness means an individual cannot hear at all, characterized by the inability to detect or identify sound, even at the highest volume. Hearing loss may happen due to several reasons such as genetic causes, complications in birth, ear infections, infectious diseases, and exposure to excessive noise. Hearing protection devices are used to protect from noise-induced hearing loss.

What is Global Hearing Protection Devices? Who are Major & Emerging Players in Hearing Protection Devices Market

The companies holding the largest market share in the Hearing Protection Devices Market include 3M, Starkey Laboratories India Pvt. Ltd, Honeywell International Inc., Hellberg Safety Ab, Amplifon., Dynamic Ear Company, Centurion Safety Products Ltd., Sonomax Technologies Inc., Siemens Healthcare GmbH, ADCO Hearing Products Inc., Elvex Corporation and Moldex-Metric Inc.x

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Increasing demand for hearing protection devices has led manufacturers to develop and launch innovative products. For instance, in January 2017, 3M launched PELTOR Sport Tactical 300 and PELTOR Sport Tactical 500 electronic hearing protectors at The National Shooting Sports Foundation’s Shooting, Hunting and Outdoor Trade Show (SHOT Show) in Las Vegas, U.S.

This product of 3M works on self-monitoring analysis and reporting (SMART) technology that automatically adjusts noise frequency according to the given working environment and type of firearm for customized hearing protection.

Segmentation:

According to World Health Organization (WHO), in March 2019, one among every ten people in the U.S. suffer from hearing impairment, which can deteriorate an individual’s ability to recognize and understand normal speech. Exposure to intense sounds is one of the primary causes of impaired hearing. According to data published by the World Health Organization (WHO) in March 2019, 466 million people across the globe have disabled hearing, among which 34 million are children.

Moreover, a large number of hearing loss cases are reported at manufacturing sites. For instance, according to the National Institute of Occupational Safety and Health (NIOSH) 2018, globally around 46% of workers at manufacturing sites were exposed to hazardous noise, among which 18% of the workers developed hearing difficulty, and about 11% of the workers have tinnitus (a perception of noise or ringing in the ears). Increasing prevalence of hearing loss is expected to drive demand for hearing protection devices and boost the global hearing protection devices market growth.

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Europe is expected to witness significant demand for hearing protection devices market owing to increasing product launches by major players in this region. For instance, in July 2019, CENS Digital launched the ProFlex DX Series of hearing protection earplugs, including DX1 & DX3, for shooters. In October 2019, CENS Digital announced the availability of 0% finance options for all its electronic hearing protection earplugs. Customer has to spend US$ 307.5 (£250) on CENS Digital’s website to qualify for interest-free finance options to make CENS Proflex more affordable to customers.

Asia Pacific is expected to show significant growth owing to increasing prevalence of disabled hearing among the geriatric population over the forecast period. For instance, according to the World Health Organization (WHO), around one third of the people over the age of 65 have disabled hearing. For instance, according to WHO in 2015, South Asia accounted for around 27% of the global incidence of hearing impairment, and East Asia accounted for 22%. This growing prevalence is expected to drive the Asia Pacific hearing protection devices market growth.
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Report highlights continued............

Regional Analysis

Demand Determinants

Major & Emerging Countries & growth Outlook

Market Size by Region

Cross Segmentation by Countries

- North America: United States, Canada, and Mexico.

- South & Central America: Argentina, Chile, LATAM, and Brazil.

- Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt and South Africa.

- Europe: UK, France, Italy, Germany, Spain, BeNeLux, and Russia.

- Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, and Australia

Competitive Landscape

Market Share Concentration

Success Factors

PORTER 5-Forces Analysis

Company Analysis

Market Share Analysis by Players

Major Players

Emerging Players by Growth

Company Profiles

- Business Overview

- Key Financials

- Development Insights

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