Hearing

Sonova, William Demant Lead US Hearing Device Market Through Product Innovation and Increased Retail Sales

More than 40 million people suffer from hearing impairment in the U.S.; the hearing aid and audiology device market in the U.S. is expected to exceed $3.7 billion by 2023.

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Sonova, William Demant Lead European Hearing Aid Market due to Premium Product Innovations

The European hearing device market is expected to increase steadily, reaching over €8 billion by 2022. The multi-billion dollar European hearing aid market consists of the sale of hearing aid devices to either private retail chains, public healthcare systems that dispense hearing aids or to patients through retail sales.

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Europe Hearing Device Market Faces Mounting Pricing Pressure

In a recent article by iData Research Analyst Scott McInnes and CEO Kamran Zamanian, on the European hearing device market, research has shown that increases in the potential customer base are helping the overall market faced by mounting pricing pressures in the region.

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ZeniPower Hearing Aid Batteries that Could Explode are Being Recalled

The ZeniPower brand batteries, which are used to power hearing aids, toys, remote controls, watches, key fobs and other small electrical devices are being recalled due to concerns that the battery may expand and could potentially explode on rare occasions.

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iHear Medical and AIER Partner to Distribute Web-Enabled Hearing Aids in China

iHear Medical announced its plans to introduce advanced web-enabled hearing aids for the China market by partnering with Beijing-based AIER, China’s largest dedicated hearing solution provider.

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CAScination and MED-EL Collaborate on State-of-the-Art Cochlear Implantation Method

According to a recent press release by Swiss company CAScination AG, they have entered a new collaboration with Austrian company MED-EL to design “a minimally-invasive and robot-assisted method for implantation of cochlear implants.”

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Cochlear Implant Popularity in Brazil Increases Sales for Cochlear, MED-EL

The number of cochlear implant units sold in Brazil is expected to grow. This trend is a result of both patient awareness and acceptance, with respect to the benefits of cochlear implants.

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Starkey, Phonak and Oticon Lead the Mexican Hearing Device and Battery Market

The Mexican hearing device and battery market is projected to almost double in value by 2021. Low market penetration coupled with the increased population of hearing loss patients will allow for significant growth.

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Significant Opportunities in Latin America’s Hearing Aids Market

Accounting for nearly twice the population of the United States and experiencing an increase in over-65 population, Latin America has significant market potential for hearing devices.

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What is the fastest growing segment in the U.S. hearing device market?

New market data for the hearing device market in the U.S.

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