Hearing Amplifiers Market Size, Share, Growth, Trends and Industry Report, 2022
The increasing number of hearing impairment coupled with rising cost of hearing aids are expected to drive the hearing amplifiers market over the forecast period. A majority of the consumers turn to hearing amplifiers or personal sound amplification products (PSAPs) as they are considered cheap alternatives to hearing aids.
(firmenpresse) - Global hearing amplifiers market is expected to reach USD 78.2 million by 2022, according to a new study by Grand View Research Inc. Growing prevalence of deafness and hearing disorders and the increasing cost of hearing aids are expected to drive the hearing amplifiers market over the forecast period.
Hearing amplifiers are relatively cheaper products and therefore, are more preferred in patients with manageable deafness severities. For instance, the ASP of hearing amplifier amounts to USD 200, as opposed to hearing aids priced at approximately USD 450 to 1,000. Rising R&D investments aimed at new product development in congruence with the changing consumer dynamics is expected to significantly contribute towards expedited market growth.
Further key findings from the study suggest:
nt as a driver. Moreover, these devices score high on the consumer preference matrix owing to their aesthetic appeal.
In 2003, as per a study of the United Nations Children''s Fund (UNICEF), approximately 10% of the population had hearing loss. The Second China National Survey on Disability by the China Disabled Persons'' Federation (CDPF) identified 20.04 million people as
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Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales(at)grandviewresearch.com
For More Information: http://www.grandviewresearch.com
Datum: 19.08.2019 - 07:57 Uhr
Sprache: Deutsch
News-ID 1551491
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Phone: 1-888-202-9519
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Typ of Press Release: Financial
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Date of sending: 19.08.2019
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