Gadgets Technology

Hearing Aids Market 2019 Overview Investment Feasibility, Emerging Technology, Latest Trends, Rising Demand, Healthcare Benefits, Competative Landscape, Regional Analysis 2025

Can You Hear Me Now? Global Hearing Aids Market Research

People who need hearing aid vary extensively in their personal styles and expectations. Some are technological fanatics, others are value conscious, some are self-directed and others look for personal service. These different needs lead them to different types of providers, from different audiologists to large chain store networks. The renowned players in the global hearing aid market include Sonova, William Demant, GN Store Nord, Cochlear, Starkey, Widex, SeboTek Hearing Instruments, Microson, and others. Vendors are focusing on new product launches through technological advancements, as well as, mergers & acquisitions to lead the market position.

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Rising noise pollutions levels:

Hearing sounds which is inclusive of the range 80- 90 dbA leads to the hearing loss and 140 dbA causes severe damage. Excessive noise pollution in heavy duty industries and public places may influence psychological health and creates sleeping disorders in individuals.

One of the major challenges faced by the global healthcare sector is hearing disabilities among infants and war veterans. The demand for enhanced hearing aid devices has earned importance as untreated hearing loss in infants can further complicate and affect their academic, speaking and psychological abilities. Moreover, government’s initiatives for spreading awareness about hearing impairment and handiness of hearing aid devices in the market is expected to fuel the growth of global hearing aids market.

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Top trends impacting the global hearing aids industry:

Intelligent devices: Some software permit users to self-program and customize their device. For instance, by using Bluetooth wireless technology, user can adjust hearing aid’s settings.

3D printing technology: Manufacturers use this digitized option to shrink the manufacturing process of hearing aids to three steps: scanning, modeling and printing. Thus troubleshooting some of the concernsrelated to custom fits.

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