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The global hearing aids market is estimated to grow at a lucrative CAGR of over 6.5% during the forecast period. The primary factors that drive the growth of the market increasing geriatric population coupled with increased prevalence of hearing impairment and technological advancement in the field of hearing aid industry. According to the United Nations, the number of people aged 60 years and more in 2017 was 962 million.
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Orion Market Research Global Hearing Aids Market: Industry Growth, Size, Share and Forecast 2019-2025 Request https://www.omrglobal.com/request-sample/hearing-aids-market ------------------------------------------------------------------------------------ a Free Report on Sample of Global Hearing Aids Market @ Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 7803040404
The global hearing aid market is estimated to exhibit a CAGR of over 6.5% during the forecast period (2019-2025). The market growth is attributed to the increasing geriatric population coupled with the rising prevalence of hearing loss impairment. Advances in digital technology have transformeda number of industries and hearing aid market is not lagging behind. Some hearing aids can connect to wireless devices, such as phones and tablets, as well as smart home devices such as doorbells and smoke alarms. For instance, CS10 designed by Sound World Solutions includes Bluetooth features and iPhone as well and is manufactured to enhance sound for non-hearing-impaired users by using its app for customization. This creates opportunity for the growth of the global hearing aid market in the near future. A full Report of Global Hearing Aids Market is Available at: https://www.omrglobal.com/industry- reports/hearing-aids-market Government is playing a vital role in contributing towards the growth of the global hearing aids industry.Government across the globe are taking actions for bringing accessibility and affordability of the people to hearing healthcare. For instance, the Over-the-Counter Hearing Aid Act of 2017 in the US is making its way through the FDA process and will soon allow consumers a way to purchase hearing aids over the counter without requiring a prescription. In addition, in November 2018, UK National Health Service (NHS) selected Nuheara Ltd’ IQbuds BOOST to provide hearing solutions to adults and children with mild-to-moderate hearing loss. Request a Free Report on Sample https://www.omrglobal.com/request-sample/hearing-aids-market Current Market Trends Covered in the Market Report: •Increased technological advancements is positively impacting the hearing aids market growth. •Shifting preferences toward the use of novel and advanced products with the reduced risks of hearing impairments and ensure the safety is expected to provide a growth rate to the hearing aids market •Digital hearing aids segment will exhibit a significant growth in the market •Asia-Pacific to witness remarkable growth in hearing aids market during the forecast period. Global Hearing Aids Market – Segmentation By Type •Behind-the-ear (BTE) •In-the-ear (ITE) •In-the-canal (ITC) of Global Hearing Aids Market @
By Function •Analog •Digital Global Hearing Aids Market – Segment by Region North America •United States •Canada Europe •Germany •United Kingdom •France •Spain •Italy •Rest of Europe Asia-Pacific •China •Japan •India •Rest of Asia-Pacific Rest of the World •Middle East & Africa •Latin America For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report- customization/hearing-aids-market
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. For More Information, Visit Orion Market Research Media Contact: Company Name: Orion Market Research Contact Person: Mr. AnuragTiwari Email: info@omrglobal.com Contact no: +1 646-755-7667, +91 780-304-0404 Source: Global Hearing Aids Market