The Hearing Diagnostic Devices And Equipment Global Market Report 2023 by The Business Research Company, provides hearing diagnostic devices and equipment market overview across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten-year historic period – 2010-2021, and a ten-year forecast period – 2023-2032.
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According to The Business Research Company’s Hearing Diagnostic Devices And Equipment Global Market Report 2023, the market size will grow from $1.97 billion in 2022 to $2.2 billion in 2023 at a compound annual growth rate (CAGR) of 11.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The market size of global hearing diagnostic devices and equipment is expected to grow from $3.23 billion in 2027 at a CAGR of 10.1%
Growth in the hearing diagnostic devices and equipment market is attributed to the increasing number of hearing loss cases. This increased prevalence of hearing loss is due to noise pollution, hearing diseases, ototoxic medications, hereditary disorders, birth complications, and a rising geriatric population. According to World Health Organization (WHO), the hearing diagnostic device market is expected to make enormous advancements and investments in hearing diagnostic devices and equipment even as the number of affected individuals is expected to increase to 900 million by 2050 in the world.
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The hearing diagnostic devices and equipment market is segmented:
1) By Type: Otoacoustic emission (OAE), Audiometer, Otoscope, Tympanometer, Other Types
2) By Indication: Conductive Hearing Loss, Sensorineural Hearing Loss, Combination Hearing Loss
3) By End User: Hospitals, Clinics, Personal Use, Ambulatory care settings
The hearing diagnostic devices and equipment market report table of contents includes:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
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26. Competitive Landscape And Company Profiles
27. Key Mergers and Acquisitions
28. Opportunities And Strategies
29. Hearing Diagnostic Devices And Equipment Market, Conclusions And Recommendations
30. Appendix
Top Major Players:
- Natus Medical
- Maico Diagnostics
- Inventis
- William Demant
- Amplivox
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