'Bionic ear market bit' presentation slideshows

Bionic Ear Market is set to witness lucrative growth owing to the remarkable innovation in rechargeable devices, economic growth in emerging countries, and rising investments by manufacturers for developments of next generation sound processors. Rising prevalence of hearing disorders should lift the demand for the product. Increasing geriatric population is likely to create larger patient pool of people living with hearing loss. According to WHO, there are more than 360 million people in the world affected with hearing loss disability. Hearing loss is one of the leading global disorder. As stated by the Royal National Institute for Deaf People, prevalence of disorder increases with age, affecting 70% of people over 70 and 42% people over 50. Moreover, increasing healthcare spending and prelaunch of bionic ear devices are some other factors driving the industry size.

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