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Hearing Aids Market Trends, Segmentation, Growth, Analysis and Forecast 2023-2029

01-19-2023 07:25 PM CET | Health & Medicine

Press release from: Orion Market Research

Hearing Aids Market Trends, Segmentation, Growth, Analysis

The global hearing aid market is estimated to exhibit a CAGR of over 6.5% during the forecast period. The market growth is attributed to the increasing geriatric population coupled with the rising prevalence of hearing loss impairment. Advances in digital technology have transformeda number of industries and hearing aid market is not lagging behind. Some hearing aids can connect to wireless devices, such as phones and tablets, as well as smart home devices such as doorbells and smoke alarms. For instance, CS10 designed by Sound World Solutions includes Bluetooth features and iPhone as well and is manufactured to enhance sound for non-hearing-impaired users by using its app for customization. This creates opportunity for the growth of the global hearing aid market in the near future.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/hearing-aids-market

Government is playing a vital role in contributing towards the growth of the global hearing aids industry.Government across the globe are taking actions for bringing accessibility and affordability of the people to hearing healthcare. For instance, the Over-the-Counter Hearing Aid Act of 2017 in the US is making its way through the FDA process and will soon allow consumers a way to purchase hearing aids over the counter without requiring a prescription. In addition, in November 2018, UK National Health Service (NHS) selected Nuheara Ltd' IQbuds BOOST to provide hearing solutions to adults and children with mild-to-moderate hearing loss.

Current Market Trends Covered in the Market Report:

• Increased technological advancements is positively impacting the hearing aids market growth.
• Shifting preferences toward the use of novel and advanced products with the reduced risks of hearing impairments and ensure the safety is expected to provide a growth rate to the hearing aids market
• Digital hearing aids segment will exhibit a significant growth in the market
• Asia-Pacific to witness remarkable growth in hearing aids market during the forecast period.

Global Hearing Aids Market - Segmentation

By Type

• Behind-the-ear (BTE)
• In-the-ear (ITE)
• In-the-canal (ITC)

By Function

• Analog
• Digital

A full report of Hearing Aids Market is available at: https://www.omrglobal.com/industry-reports/hearing-aids-market

Hearing Aids Market- Segment by Region

North America

• United States
• Canada

Europe

• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World

• Middle East & Africa
• Latin America

Company Profiles

• AmplifonSpA
• Audina Hearing Instruments Inc.
• Beurer GmbH
• Cochlear Ltd.
• Demant A/S
• Medtronic, PLC
• Merry Healthcare Co. Ltd.
• GN Hearing A/S
• Oticon, Inc.
• Sivantos Group
Sonova Holding AG

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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