Global Hearing Amplifiers Market By Product (On-the-Ear, In-the-Ear) Is Expected To Reach USD 78.2 Million By 2022: Grand View Research, Inc.
Global hearing amplifiers market is expected to reach USD 78.2 million by 2022, according to a new study by Grand View Research Inc. Growing prevalence of deafness and hearing disorders and the increasing cost of hearing aids are expected to drive the hearing amplifiers market over the forecast period. Hearing amplifiers are relatively cheaper products and therefore, are more preferred in patients with manageable deafness severities. For instance, the ASP of hearing amplifier amounts to USD 200, as opposed to hearing aids priced at approximately USD 450 to 1,000. Rising R&D investments aimed at new product development in congruence with the changing consumer dynamics is expected to significantly contribute towards expedited market growth. View summary of this report analysis/hearing-amplifiers-market
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