Press release
Hearing Amplifiers Market Expected to reach $123.81 million by 2030
The global hearing amplifiers market was valued at $80.66 million in 2020, and is projected to reach $123.81 million by 2030, registering a CAGR of 4.5% from 2021 to 2030.Hearing loss is the loss of hearing in one or both ears, ranging from mild to profound. There are many causes, and it can affect anyone at any age, but it's most common among people older than 60 years age. The major causes for hearing loss are age-related hearing loss, exposure to excessive noise, or family history of genetic disorder. There are various solutions for hearing loss, including hearing amplifiers and aids. The hearing amplifiers is categorized into product, type, distribution channel, and region. Hearing loss is also associated with overuse of ototoxic drugs, trauma or injury to the head, Meniere's disease, otosclerosis or autoimmune disease and acoustic neuroma.๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
Beurer GmbH
Etymotic Research, Inc.
Innerscope Hearing Technologies, Inc.
IntriCon Corporation, Sound World Solutions
Otofonix Hearing Solutions
MD Hearing Aid
Cochlear Limited
Eargo, Inc.
Starkey Hearing Technologies
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ https://www.alliedmarketresearch.com/request-sample/11355
This pandemic of coronavirus has negatively impacted the global hearing amplifiers market. In the emergency of COVID-19, people are defending themselves by social distancing, wearing masks and washing their hands regularly. According to a new study conducted by Hearing Health Foundation, more than 87% of the people who have hearing disorders are facing difficulty in communication. These factors are creating more difficulties for people with hearing loss, which is predicted to restrain the demand for hearing amplifiers during the pandemic period. Moreover, due to the COVID-19 outbreak, the elective procedures outside the U.S. were also postponed in several countries. Covid-19 negatively impacted the hearing amplifiers market as well. The pandemic creating barriers for hospital patients who are facing hearing disorders. Use of mask during the pandemic has increased, which thereafter made it harder for people who rely on lip-reading and facial expressions to communicate. Due to social distancing, many hospitals have restricted interpreters and visitors, and they are instead offering patients' video conferencing with hearing aids to overcome the limitations of the market growth.
Rising geriatric population, increasing incidences of hearing impairments creating a patient pool, availability of affordable hearing amplifiers are the factors contributing to the market growth. The advancements in the medical field and reduction in the cost of treatments along with use of various customizable hearing amplifier devices as per consumer needs would further surge the demand for these devices in the market.
๐ ๐จ๐ซ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ https://www.alliedmarketresearch.com/purchase-enquiry/11355
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