MarketsandMarkets Blog

The high prevalence of hearing loss, availability of technologically advanced hearing aids, growth in the aging population, and increasing initiatives by companies to expand in these emerging economies are driving the growth of hearing aids market. How much is the Hearing Aids Market worth? MarketsandMarkets forecasts the Hearing Aids market to grow from USD 9.78 Billion by 2022 from USD...

According to the new market research report “Hearing Aids Market by Product (Receiver In The Ear, Behind The Ear, In The Ear, In The Canal Hearing Aids, Cochlear Implant, BAHA implant), Types of Hearing Loss (Sensorineural, Conductive Hearing loss) & Patient (Adult, Pediatric) – Forecast to 2022” published by MarketsandMarkets™, analyzes and studies the major market drivers, restraints/challenges,...

The growth of this market is majorly attributed to the high prevalence of hearing loss, rising geriatric population, and technological advancements in hearing aids. What the Market Looks Like? Predicted to grow at a CAGR of 7.0% during the forecast period, the global Hearing Aids marketis estimated to reach USD 9.78 Billion by the end of 2022. “Hearing aid devices segment to dominate...

The growth of this market is majorly driven by the growing preference for cell-based assays, increasing research funding, and the growth in the number of drug discovery activities. However, the high cost of instruments and restrictions on reagent use are the major factors restraining the growth of this market. The hearing aids market is expected to reach USD 9.78 Billion by 2022 from USD 6.56 Billion...