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Audiological Devices Market Growth to be Fuelled by Advancements in Technology

The hearing aids segment held a major share of the global market, in terms of revenue, in 2021. The segment is anticipated to cross the value of US$ 10.8 Bn by 2031. Increasing severity of hearing loss and the cochlear implants are expected to drive the global audiological devices market during the forecast period.

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Audiological Devices Market Growth to be Fuelled by Advancements in Technology

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  1. Analysis of Global Audiological Devices Market Audiological devices are the electronic devices used by audiologists for the correct diagnosis and treatment of hearing impairment or hearing loss. As per the data enlisted by World Health Organization, around 2.5 billion people are expected to possess some degree of hearing loss by the year 2050 and at least 700 million will require hearing rehabilitation. In addition, more than 1 billion adults are at the risk of permanent and avoidable hearing loss owing to the unsafe listening practices. This, in turn, is likely to fuel the audiological devices market during the forecast period. Read Report Overview- https://www.transparencymarketresearch.com/audiological-devices- market.html Rise in Incidence of Hearing Loss to Drive Demand for Audiological Devices According to The Hearing Loss Association of America (HLAA), hearing loss is considered to be the third most common physical condition after arthritis and heart disease, affecting people of all ages. Gradual hearing loss can affect people of all ages, differing from mild to profound. It can be mild or severe, temporary or permanent, depending on the cause. According to the WHO, a person who is unable to hear as well as someone with normal hearing thresholds of 25 dB or better in both ears is considered to have hearing loss. An increase in the prevalence is estimated to drive the requirement for diagnosis and treatment, which, in turn, is projected to boost the audiological devices market across the globe. Request a PDF Sample - https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=1287 Increase in Demand and Adoption of Hearing Aids to Lead Global Audiological Devices Market The hearing aidssegment held a major share of the global market, in terms of revenue, in 2021. The segment is anticipated to cross the value of US$ 10.8 Bn by 2031. Increasing severity of hearing loss and the cochlear implants are expected to drive the global audiological devices market during the forecast period. Technological advancements in audiological products due to extensive research & development activities by key players are also fueling the market growth. According to WHO, people with hearing impairment generally communicate via spoken language and could benefit from hearing aids, cochlear implants, and other supportive devices as well as captioning. People with more substantial hearing loss could benefit from cochlear implants. Request a PDF Brochure - https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=1287 Rise in Incidence of Meniere’s Disease to Fuel Global Audiological Devices Market

  2. In terms of disease type, the Meniere’s disease segment was valued over US$ 3.5 Bn in 2021. The segment is estimated to grow at a notable pace from 2022 to 2031. Meniere's disease is a disorder of the inner ear that causes severe dizziness (vertigo), ringing in the ears (tinnitus), hearing loss, and a feeling of fullness or congestion in the ear. Meniere's disease usually affects only one ear. Attacks of dizziness may take place suddenly or after a short period of tinnitus or muffled hearing. Some people with Meniere’s disease have vertigo so extreme that they lose their balance and fall. These episodes are called drop attacks. Meniere’s disease segment is expected to account for a major share of the global audiological devices market during the forecast period. According to American Hearing Research Foundation, in the U.S., approximately, 0.2% of the population suffers from Meniere’s disease, and every year about 45,500 new cases are diagnosed. Enquiry before Buying Audiological Devices Market Report - https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=1287 Rise in Number of Hearing Care Clinics to Lead Global Audiological Devices Market In terms of end-user, the clinics segment led the global audiological devices market in 2021. The segment is anticipated to account for 50.9% share of the market by 2031. The clinics segment is expected to expand at a CAGR of 5% from 2022 to 2031. An increase in demand for hearing products, cochlear devices, and diagnostic devices in ENT and other clinics is expected to drive the segment. Hearing care clinics provide audiology services that involves hearing and balance assessment. More Trending Reports by Transparency Market Research: Sterile Vials Market- https://www.transparencymarketresearch.com/sterile-vials-market.html Heat Therapy Market- https://www.transparencymarketresearch.com/heat-therapy- market.html Dental 3D Printing Market- https://www.transparencymarketresearch.com/dental-3d-printer- market.html Cleanroom Consumables Market- https://www.transparencymarketresearch.com/cleanroom- consumables-market.html Cardiovascular Proximal Anastomosis Devices Market- https://www.transparencymarketresearch.com/cardiovascular-proximal-anastomosis-devices- market.html

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