Press release
Prevalence of Disabling Hearing Loss Linked to Global Hearing Aids Market Growth
According to a new market research report launched by Inkwood Research, the Global Hearing Aids Market is projected to generate a revenue of $12660.1 million by 2030, developing with a CAGR of 6.74% over the forecasting period of 2022 to 2030.Browse 67 market data Tables and 55 Figures spread over 210 Pages, along with in-depth analysis on Global Hearing Aids Market by Technology, Patient Group, Product, Types of Hearing Loss, Distribution Channel, & by Geography
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by assessing major geographies and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Global Hearing Aids Market Scenario
As per the World Health Organization (WHO), hearing loss was the fourth-highest cause of disability in 2019, across the globe, with an estimated annual cost of more than $750 billion.
Moreover, according to a report for Hear-It AISBL, “Evaluation of the social and economic costs of hearing impairment,” in March 2019, approximately 22.6 million individuals were living with an untreated, disabling hearing loss in the European Union.
On the other hand, the total number of people living with a disabling hearing loss was projected to be higher, equating to 34.4 million people. The study further stated that the total annual costs accounted for EUR 185 billion across the region, or EUR 8,200, for every affected person.
The Global Hearing Aids Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Hearing Aids Market by Product, Distribution Channel, Technology, Types of Hearing Loss, Patient Group, & by Geography: https://www.inkwoodresearch.com/reports/hearing-aids-market/#request-free-sample
Market Segmentation
Market by Product
• Hearing Aid Devices
• Hearing Implants
Market by Technology
• Conventional Hearing Aids
• Digital Hearing Aids
Market by Distribution Channel
• Pharmacies
• Audiology and ENT Clinics
• Hospitals
Market by Types of Hearing Loss
• Conductive Hearing Loss
• Sensorineural Hearing Loss
Market by Patient Group
• Adults
• Pediatrics/Children
Report Highlights
- The report provides a detailed analysis of the current and future market trends to identify the investment opportunities
- Market forecasts till 2030, using estimated market values as the base numbers
- Key market trends across the business segments, regions, and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities, and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2030
Companies Profiled
• COCHLEAR LTD
• RION CO LTD
• AMPLIFON
• HORENTEK
• MED-EL
• SIEMENS AG
• SONOVA
• EXTENET
• AUDINA HEARING INSTRUMENTS INC
• SEBOTEK HEARING SYSTEMS LLC
• MICROSON
• STARKEY
• WILLIAM DEMANT
• ARPHI ELECTRONICS PVT LTD
• GN STORE NORD A/S
• ZOUNDS HEARING
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