Hearing Aids Market Analysis

Hearing Aids Market Analysis

The hearing aid is a small loudspeaker that amplifies the sound that could not be heard, and then uses the residual hearing of the hearing impaired, so that the sound can be sent to the hearing center of the brain, and the sound is felt. It is mainly composed of microphone, amplifier, earphone, power supply and volume control.

Hearing Aid is a tool, device, device, and instrument that helps hearing-impaired people to improve their hearing impairment, thereby improving their ability to communicate with others. Hearing aids come in both electrical and non-electrical types. The former has two types: tube type and transistor type. Transistor hearing aids are the smartest and lightest, and have replaced tube-type hearing aids. In a broad sense, all kinds of devices that can effectively transmit sound into the ear can be regarded as hearing aids. In the narrow sense, a hearing aid is an electroacoustic amplifier. By amplifying the sound, the deaf can not hear clearly and cannot hear Sound, this device is a hearing aid.

Hearing Aid Principles and Development

Hearing aids are medical devices that help people with hearing disabilities to compensate for their hearing, and thus improve the language communication between people with disabilities. With the development of hearing aids, new types of hearing aids are not limited to hearing compensation for disabled patients, but are aimed at improving patient comfort. , Can also be applied to a variety of listening environments. Hearing aid is essentially an amplifier, which is mainly used to amplify the electrical signal and pass it into the patient’s ear with minimal distortion. In the process of energy conversion, it is mainly the conversion between the microphone and the receiver.

Since the beginning of the twentieth century, the structure of the hearing aid has not changed much, and it still consists of a microphone, an amplifier, a receiver, and a power supply. However, the volume of each part of the hearing aid is gradually reduced, the sound quality is gradually.

RISING CASES OF AGED HEARING IMPAIRMENT:

There are various type of hearing loss in the elderly population such as sensori neural hearing loss, conductive hearing loss and mixed hearing loss. The hearing loss mainly occurs when the sound transmitted from tympanic membrane to the inner ear is blocked, conductive ear loss due to the ear wax and prebyscusis which is the most common form of hearing impairment in the elderly.

Market Trends:

On the basis of product, the market is segmented into hearing aid devices and hearing implants. Hearing aid devices is sub-segmented into ear and canal. The ear segment is further sub-segmented into behind the ear hearing aids, receiver-in-the-ear hearing aids and in-the ear hearing aids. The canal segment is further sub-segmented into in-the canal hearing aids, invisible-in-the-canal hearing aids and completely in canal hearing aids. Hearing implants is sub-segmented into cochlear implants and bone-anchored systems. The hearing aids devices segment is growing at the highest CAGR and expected to reach USD 12,780.89 million in the forecast period of 2019 to 2026.

Although hearing aids are a small industry compared to other medical devices, they are increasingly active in the market.

According to the World Health Organizations (WHO), in 2018, around 466 million of population suffering from disabling hearing loss in which 34 million of them are children. The WHO also estimated that around 2050 this number will cross 900 million. Amongst the number the 60.0% of childhood hearing loss is due to preventable causes.

At the same time, the rise in ageing has also exacerbated the current state of hearing loss. It is generally believed that the elderly population aged 60 years and over accounts for 10% of the total population, which means entering an aging society.

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