Hearing Aids Market 2019 Analysis, Future Opportunities and Market Forecast to 2030 - Sonova, William Demant Holding

Hearing aids are small electronic devices that are worn in or behind the ear or ears. They are specially designed for people who are unable to hear less and clear. The said devices enable the user to listen clearly, participate in the daily activities, and make communication easier. Hearing aids efficiently help users to hear in noisy and quiet situations. A person with hearing defect may use one or both aids, depending on the user's requirement. The different types of hearing aids available are in the ear, behind the ear (BTE), and canal.

Market Industry Reports (MIR) has published a new report titled "Hearing Aids Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019–2030." According to the report, the global hearing aids market is estimated to be over US$ 6.5 Bn in 2017. It is anticipated to grow at a CAGR of 6.6% from 2019 to 2030.

Major Key Players of the Hearing Aids Market are:Sonova, William Demant Holding A/S, GN Store Nord A/S, Cochlear, Sivantos Pte. Ltd., Starkey, WIDEX A/S, SeboTek Hearing Systems, Audina Hearing Instruments, Inc. and Horentek other prominent players.

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