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Ear Health Market Analysis By Industry Size, Share, Revenue Growth and Demand Forecast To 2031

12-27-2024 03:33 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Ear Health Market

Ear Health Market

The global ear health market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period (2024-2031). Adults are more prone to ear problems and hearing loss as it increases gradually with an increase in age. According to WHO, around 80% of people with disabling hearing loss live in low- and middle-income countries. The companies are continuously researching, making new products, and doing major acquisitions and mergers to be competitive which further contribute to the growth of the ear market across the globe, for instance-

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In February 2020, Starkey Laboratories, Inc. released Livio Edge AI, a next-generation sound with the help of Artificial Intelligence which provides improved sensors best quality sound, the world's first 2.4 GHz lithium-ion ITC and ITE custom rechargeable hearing aids.

In February 2022 Oticon A/S, launched the first pediatric hearing aid to give children access to the proper hearing environment named Oticon More has a deep neural network that has 12 million sounds from real-life which and can easily recognize sounds the same way child's brains work.

In August 2021, Medtronic plc acquired Intersect Ent, this acquisition will expand the former company's portfolio of products used during ear, nose, and throat procedures and can provide better facilities to the patients in the healthcare sector.

Full report of Ear Health Market available @ https://www.omrglobal.com/industry-reports/ear-health-market

Market Coverage

Segment Covered-
o By Devices

o By Supplements

o BY Drugs

Regions Covered-
o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- Sonova Holdings AG, Olympus Corp., Cochlear Ltd., Medtronic Plc, Johnson & Johnson Service, Inc., and others.

Key questions addressed by the report

What is the market growth rate?
Which segment and region dominate the market in the base year?
Which segment and region will project the fastest growth in the market?
How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast

o Most affected region and segment

Who is the leader in the market?
How players are addressing challenges to sustain growth?
Where is the investment opportunity?

Global Ear Health Market Report Segment

By Devices

Diagnostic Devices
Surgical Devices
Hearing Aids
Hearing Implants
CO2 Lasers
Image-Guided Surgery Systems

By Drugs

Analgesics
Antibiotics
Nonsteroidal anti-inflammatory

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.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/ear-health-market

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. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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