openPR Logo
Press release

HEARING PROTECTION DEVICES MARKET TO BREACH US$ 2 BILLION LEVEL BY 2024 UNDERPINNED BY SURGE IN CONSTRUCTION ACTIVITY IN ASIA

04-18-2017 11:16 AM CET | Health & Medicine

Press release from: Medical Devices Market

HEARING PROTECTION DEVICES MARKET TO BREACH US$ 2 BILLION LEVEL

The Global Hearing Protection Devices Market was valued at US$ 908.3 million in 2015 and is projected to expand at a CAGR of 10.8% during the forecast period (2016–2024), as highlighted in a new report published by Coherent Market Insights.

Increasing implementation of safety guidelines, increasing employment in construction sector, growing demand for next-generation hearing protector devices in armed force and cumulative expansion and development activities across the world are chief aspects which lead to augmented growth of the global hearing protection devices market. Also, low price earplugs marketed by local developers are likely to boost adoption in price sensitive emerging economies, in turn fueling growth of the hearing protection devices market. Lack of cognizance and hampered hearing when using these devices are factors projected to hinder growth of the global hearing protection devices market. Some of the major trends in the hearing protection devices market comprise increasing inclination of end users towards custom-tailored hearing protection devices, rise in merger and acquisitions agreements between manufacturing companies, technology shift towards ear plugs with acoustic filters, and increasing demand for uniform attenuation ear plugs

To know the latest trends and insights prevalent in the hearing protection devices market, click the link below:
https://www.coherentmarketinsights.com/market-insight/hearing-protection-devices-market-199

The global hearing protection devices market is considered to influence the labor and employee safety initiatives implemented by national government bodies and private labor safety related agencies in various industrial sectors such as manufacturing and construction. High-tech advancements to reduce active noise and aid noise suppression have led to impressive growth of the global market in the recent past. A latest development permits speech augmentation technology to be combined with noise clampdown technology.

The strengthened events related to industrial and construction and lightning industrial development in emerging economies may lay a substantial groundwork for growth of the Asia Pacific market progression. North America is projected to retain its dominance as the largest market for hearing protection devices over the following decade. This is mainly attributed to copious disposable income, pervading awareness about noise pollution, and rampant industrial development in the region. Lack of cognizance about the present products or devices that help prevent impaired hearing could inhibit growth of the hearing protection devices market, especially in low income countries. However, increasing implementation of safety standards in the region would pave way for market growth over the near future. Apart from Asia Pacific, increasing industrial and construction activities in Middle East and Africa create lucrative growth opportunities for market players.

You can also get exclusive discount on this CMI report by clicking on this link: https://www.coherentmarketinsights.com/insight/request-discount/199

Key takeaways of the hearing protection devices market:

-The global hearing protection devices market is expected to expand at a CAGR of 10.8% during the forecast period (2016–2024) as there exists a huge unrealized market especially in Asia Pacific, Latin America, Middle East and Africa
-The ear plug dominates the market in the product segment as it is the easy affordable product developed and focused by mobile health device manufacturers
-Different protectors such as aural inserts and circum-aural protectors are expected to gain traction with growing awareness and increasing application areas
-Mining and construction are the major end users in the hearing protection devices market, as these organizations are human resource intensive sectors
-Some of the major players involved in global hearing protection include 3M, Starkey Laboratories India Pvt. Ltd, Honeywell International Inc, Hellberg Safety Ab, Amplifon., Dynamic Ear Company, Centurion Safety Products Ltd., Sonomax Technologies Inc, Siemens Healthcare GmbH, ADCO Hearing Products Inc, and Elvex Corporation and Moldex-Metric Inc.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

Contact Us:

Mr. Shah
Coherent Market Insights
1001 4th Ave, #3200
Seattle, WA 98154
Tel: +1-206-701-6702
Email: sales@coherentmarketinsights.com
Visit Blog: http://healthcaremarketconsulting.blogspot.in/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release HEARING PROTECTION DEVICES MARKET TO BREACH US$ 2 BILLION LEVEL BY 2024 UNDERPINNED BY SURGE IN CONSTRUCTION ACTIVITY IN ASIA here

News-ID: 503853 • Views: 129

More Releases from Medical Devices Market

Needles Market to Reach US$ 8.3 Billion by 2025
Growing geriatric population worldwide to drive growth of the global needles market Rising geriatric population is expected to drive growth of the needles market. As per World Population Prospect, 2017 Revision report by United Nations in 2017, there were 962 million people, under the geriatric category (people aged 60 years and above). By 2030, this is projected to be 1.4 billion increasing at an annual rate of 3%. Geriatric people require
X Ray Detectors Market -
X-ray technology is the most conventional and widely used form of medical imaging. X-rays consist of ionizing radiations, which are passed through the patient’s body and are absorbed by the internal organs. X-rays have been in use for non-invasive imaging of biological matters by passing high resolution radiations. X-Rays have wide range of applications such as structural imaging of bones, cavities in soft tissues, and metal implants pre and post
Blood Collection Devices Market - Global Industry Insights, 2025
Blood collection devices plays a crucial role in the patient treatment. For the treatment, blood samples are collected to measure the basic metabolism components such as blood urea nitrogen, sodium, potassium, creatinine, magnesium, chloride, and also used to measure blood glucose and lipid levels. In the recent years, as technology has increased in availability and complexity, the experts in the laboratories are receiving wide range of opportunities and challenges. In
Global Tumor Ablation Devices Market - Trends and Forecast to 2025
Global Tumor Ablation Devices Market - Insights With the robust development of imaging devices and modalities during past two decades, image guided techniques like tumor ablation has become a powerful tool for definitive treatment of certain benign and malignant tumors of the lungs, liver, kidneys, bone, and soft tissues and for pain palliation. Tumor ablation is one of the minimally invasive procedure used to destroy cancer cells in the chest, lung

All 5 Releases


More Releases for Coherent

Coherent Optical Equipment Market Size, Share, Development by 2024
Global Info Research offers a latest published report on Coherent Optical Equipment Market Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 102 pages which highly exhibit on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. Click to view the full report TOC, figure and tables: https://www.globalinforesearch.com/global-coherent-optical-equipment-market_p107267.html   Coherent optical equipment refers to all the
PHASE-XS – A New Proprietary Database of Coherent Market Insights
PHASE-XS is a database developed by Coherent Market Insights, a market intelligence and consulting company. This database provides clinical information about phase 3 and phase 4 products for biologics and biosimilars. Information related to trial design, current phase, patent expiry, indication, technology, therapeutic category, approved indications, end point analysis, research locations, dosage, physician-administered or self-administered, route of administration, update, reimbursement, addressable patient population, and more of key data is included
PHASE-XS – A New Proprietary Database of Coherent Market Insights
PHASE-XS is a database developed by Coherent Market Insights, a market intelligence and consulting company. This database provides clinical information about phase 3 and phase 4 products for biologics and biosimilars. Information related to trial design, current phase, patent expiry, indication, technology, therapeutic category, approved indications, end point analysis, research locations, dosage, physician-administered or self-administered, route of administration, update, reimbursement, addressable patient population, and more of key data is included
Semiconductor Lasers Market: ASML, Axcel Photonics, Coherent, IPG Photonics, New …
MarketResearchReports.Biz announced the analysis report titled "Global Semiconductor Lasers Market": Industry Analysis, Size, Share, Growth, Trends, and Forecasts. The Semiconductor Lasers Market has been comprehensively detailed in the report with special focus on a range of key elements such as market share, forecast and base figures, CAGR, driving factors, growth restraints, and business opportunities. Buyers of the report are expected to be informed about significant improvements in the market and its
New Report By Coherent Market Insights: Zika Vaccines Market
Zika vaccines are developed for immunization & prevention against diseases caused by Zika virus. This virus belongs to genus Flavivirus and is transmitted by Aedes mosquitoes. The virus can also be transmitted through blood transfusion, sexual contact or from infected pregnant women to the fetus. Diagnosis of this infection is confirmed by detecting viral DNA through PCR. However, only 1 in 4 people with zika infection are prone to develop
Coherent Market Insights
Third party logistics (TPL or 3PL), is a service provider outsourced by a company in a supply chain management or logistic. Increasing globalization for trade offers manufacturing companies with a worldwide networking platform. Companies majorly focus on keeping up with their productivity, and thus rely on third party logistics to suffice their transportation and packaging. This in turn, has driven growth of the market for third part logistics. Growing e-commerce