The organization has also estimated that over 96,000 cochlear implant surgeries were conducted in the U.S. The other growth promoting factors include rising number of government awareness programs, technology up-gradation, and rise in geriatric population.

The wearable medical devices that are utilized by the patients suffering with hearing loss are referred to as Hearing aids. The report studies different types of hearing aid devices that are commercially available Increasing prevalence of hearing related problems along with emergence of technologically advanced hearing aid devices is expected to boost the market growth. The hearing loss over 40 decibels in the adults hearing ear aged 20 years or older is referred to as disabling hearing loss. The global hearing aids market comprises of the study of various hearing aid products such as hearing aid devices as well as hearing implants that are utilized by patients suffering with hearing loss.

Over the past years, there has been an increase in the prevalence of hearing related disorders and it is expected to increase in the future years. For instance, according to the World Health Organization (WHO), in 2012, over 360 million populations across the world were suffering with varied forms of hearing impairments. According to the National Institute on Defense and other Communication Disorders (NIDCD), it has been estimated that around 15% of American adults suffer with some or the other form of hearing problems per year. Also, over 29.0 million U.S. adults gain by using hearing aids per year. This will lead to a significant boost in the demand for hearing aid devices and implants among the end- users.

Source: Lisa Coleman
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