Hearing Aid Devices Market Size, Growth, Drivers, Segmentation
WRDE COAST TV is a press release distribution service. On Nov 13, 2019, it released an article on the Hearing Aid Devices And Equipment Market, sourced from TBRC`S Hearing Aid Devices And Equipment Global Market report. The global hearing aid devices and equipment market is expected to grow to $4.68 billion at a rate of about 4.0% through 2022. Growing prevalence of hearing loss is as a major driver for hearing aid devices & equipment market growth. In the United States, more than 35 million children and adults have some degree of hearing loss. Also, around 900 million people across the globe are expected to suffer from hearing disabilities by 2050 due to rise in noise pollution level, genetic factors, ear infections and other complications. High number of people suffering from hearing loss would result in huge demand for hearing aid devices across the globe. High cost of hearing aid devices is acting as a major restraint in the hearing aid devices and equipment market.