Hearing Aid Manufacturing in the US - Industry Market Research Report

Hearing Aid Manufacturing in the US - Industry Market Research Report

  • November 2019 •
  • 38 pages •
  • Report ID: 5832913 •
  • Format: PDF
Loud and clear: An increasingly elderly population will likely sustain rising demand for hearing aids

Abstract

Hearing Aid Manufacturing
The United States represents a significant market for the Hearing Aid Manufacturing industry. Over the five years to 2018, the US market has expanded, driven by an aging population and improving economic conditions. However, the industry has been forced to contend with mounting price-based competition from hearing aid imports that are anticipated to rise as a share of domestic demand. Over the five years to 2023, industry revenue is forecast to increase slightly. In the United States, an increasingly elderly population is anticipated sustain rising demand for hearing aids.
This industry manufactures audiological devices, including hearing aids, measurement and testing devices and cochlear implants.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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