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Hearing Aid Devices And Equipment Market 2022-2031 | Size, Share, Growth, Trends, Revenue, Competitive Landscape, Forecast Report | Starkey, Sonova, Widex, Siemens, GN ReSound

12-05-2022 05:50 AM CET | Health & Medicine

Press release from: The Business research company

Hearing Aid Devices And Equipment Market

Hearing Aid Devices And Equipment Market

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The global hearing aid devices and equipment market report by the business research company identifies growing prevalence of hearing loss to be a major growth driver for the hearing aid devices and equipment market. In the United States, more than 35 million children and adults have some degree of hearing loss. Also, around 900 million people across the globe are expected to suffer from hearing disabilities by 2050 due to the rise in noise pollution levels, genetic factors, ear infections, and other complications. A high number of people suffering from hearing loss would result in huge demand for hearing aid devices across the globe.

The global hearing aid devices and equipment market grew from $12.3 billion in 2021 to $13.74 billion in 2022 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The hearing aid devices and equipment market is expected to grow to $19.34 billion in 2026 at a CAGR of 8.9%..

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Asia Pacific was the largest region in hearing aid devices and equipment market in 2021. North America was the second-largest region in the hearing aid devices and equipment market. The regions covered in the hearing aid devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Major players in the hearing aid devices and equipment market are Starkey, Sonova, Widex, Siemens, GN ReSound, Oticon, Unitron, Hansaton, William Demant, and Beltone

The global hearing aid devices and equipment market is segmented -
1) By Product: Receiver-In-The-Ear Hearing Aids, Behind-The-Ear Hearing Aids
2) By Distribution Channel: Audiology and ENT Clinics, Pharmacies, Online Sales, Other Distribution Channels
3) By Technology: Conventional Hearing Aid, Digital Hearing Aid
4) By Patient: Adult, Pediatrics
5) By Type of Hearing Loss: Conductive Hearing Loss, Sensorineural Hearing Loss

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The Hearing Aid Devices And Equipment Market Report Contents Include
1. Executive Summary
2. Hearing Aid Devices And Equipment Market Characteristics
3. Hearing Aid Devices And Equipment Market Trends And Strategies
4. Hearing Aid Devices And Equipment Market - Macro Economic Scenario
5. Hearing Aid Devices And Equipment Market Size And Growth
....
27. Hearing Aid Devices And Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Hearing Aid Devices And Equipment Market
29. Hearing Aid Devices And Equipment Market Future Outlook and Potential Analysis
30. Appendix

This report covers the trends and market dynamics of the hearing aid devices and equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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