Market Research Insights

  San Francisco, 28 March 2024:  The Report  Hearing Aids Market  Size, Share & Trends Analysis Report By Product Type (BTE, Canal Hearing Aids), By Technology (Digital, Analog), By Sales Channel, By Region, And Segment Forecasts, 2024 - 2030 The global hearing aids market size is anticipated to reach USD 12.57 billion by 2030 and it is projected to grow at a CAGR of 6.78% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing adoption of hearing aid devices, and the growing awareness regarding technologically advanced products for the treatment of hearing loss are some of the factors contributing to the market growth. The World Health Organization (WHO) estimates that by 2050, the number of individuals living with disabling hearing impairment will approach 900 million. Besides that, physiological ear aging, hereditary vulnerability, increasing noise exposure, vascular illness, and chronic inflammation are factors that ...

San Francisco, 16 July 2019:   The Report   Hearing Aids Market   Size, Share & Trends Analysis Report By Product Type (Behind-the-Ear, Canal), By Technology Type (Digital, Analog), By Sales Channel, By Region, And Segment Forecasts, 2019 – 2025 The global hearing aids market size is expected to reach USD 7.3 billion by 2025, expanding at a CAGR of 4.6% over the forecast period, according to a report by Grand View Research, Inc. Increasing adoption of hearing aids, growing awareness about technologically advanced products for treatment of auditory loss, and rising prevalence of auditory loss are some of the factors contributing to the market growth over the forecast period. Behind-the-ear hearing aids was the largest product type segment in 2018 and is expected to grow at a lucrative rate over the forecast period. This is because they are easy to handle and clean and are more preferred by younger population. Moreover, they can fit into various ear mold...