Product ID: SQSG35A2005
Report ID:
SQSG35A2005 |
Region:
Global |
Published Date: April, 2024
Pages:
165
|
Tables:
92 |
Figures:
76
Global Hearing Aid Market size was valued at USD 7.5 billion in 2019 and is poised to grow from USD 7.98 billion in 2023 to USD 13.95 billion by 2031, growing at a CAGR of 6.4% in the forecast period (2024-2031).
A hearing aid is an electrical device that amplifies sound in order to provide the user with clear sound. These are mostly used by those who have hearing loss or disability. Hearing aids are becoming more popular as a result of technology advancements and increased desire for attractive designs. While factors such as technical developments and pricing pressures are expected to influence the market, significant growth is expected throughout the analysis period. Wireless gadgets, Bluetooth, and the constant introduction of new attractive designs are the primary drivers of the market. The industry is also being driven by a growing ageing population, improved diagnosis, and increased awareness.
US Hearing Aid Market is poised to grow at a sustainable CAGR for the next forecast year.
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REQUEST FREE CUSTOMIZATIONGlobal Hearing Aid Market size was valued at USD 7.5 billion in 2019 and is poised to grow from USD 7.98 billion in 2023 to USD 13.95 billion by 2031, growing at a CAGR of 6.4% in the forecast period (2024-2031).
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Product ID: SQSG35A2005