Worldwide Hearing Aid Industry to 2026 – Featuring Sonova Holding, Demant and Starkey Among Others – Yahoo Finance UK

Dublin, Nov. 25, 2021 (GLOBE NEWSWIRE) — The “Worldwide Hearing Aid Market (2021 Version) – Evaluation By Hearing Models (BTE, ITE, RIC, ITC and CIC), Sort of Hearing Loss, Know-how, Affected person Type, By Area, By Nation: Market Insights and Forecast with Influence of COVID-19 (2021-2026)” report has been added to ResearchAndMarkets.com’s offering.

The worldwide Hearing Aid Market was worthd at USD 10270.26 Million Inside the yr 2020. The elements facilitating progress of the hearing aids market embrace the rising burden of hearing loss, technological developments in hearing aids, rising consciousness and initiatives associated to hearing aid devices.

The Hearing Aid Market May even be being pushed by prolonged-time period socioeconomic forces. Although inhabitants in creating nations are anticipated to develop In all probability the most, even developed nations with safe inhabitantss will face a rising proportion of aged residents, Who’re Extra probably to expertise hearing loss. These tendencies create enterprise progress for Hearing Aid Market by way of a rising demand for hearing care.

The postponement of non-obligatory surgical procedures As a Outcome of of surge in COVID-19 sufferers has Outcomeed in An monumental loss for the hearing aids enterprise. The demand for hearing aids has witnessed vital decline in 2020. Further, the lowered gross sales and manufacturing of hearing aid devices can significantly inhibit the market’s progress.

Amongst The numerous completely different Sorts of hearing aids out there to the consumers, the market is closely captured by the behind the ear (BTE) type of hearing aids. Contemplating the economical worth Of these hearing aids, BTE devices are principally purchased Inside the creating and beneath-developed markets.

Key elements Similar to developing adoption of Hearing Aid devices, rising consciousness about technologically superior devices for the remedy of deafness, and developing prevalence of hearing loss As a Outcome of of rising geriatric inhabitants will facilitate the demand of hearing aid devices Finally.

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Scope of the Report:

• The report presents the analysis Of worldwide Hearing Aid Market for the historic interval of 2016-2020 and the forecast interval of 2021-2026.

• The report analyses the Worldwide Hearing Aid Market by worth (USD Million) and by quantity (quantity in hundreds of hundreds).

• The report analyses the Hearing Aid Market by Hearing Models (Behind the Ear, In the Ear (ITE), Receiver Inside the Ear Canal, In-the-canal (ITC) and utterly-in-the-canal (CIC), Others).

• The report analyses the Hearing Aid Market by Sort of Hearing Loss (Conductive, Sensorineural).

• The report analyses the Hearing Aid Market by Know-how (Analog, Digital).

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  Source: https://uk.finance.yahoo.com/news/worldwide-hearing-aid-industry-2026-142800419.html

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