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Rising Demand for Hearing Amplifiers amidst COVID-19 Crisis to Upsurge the Growth of Hearing Amplifiers Industry - Exclusive Report [245 pages] by Research Dive

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News provided by

Research Dive

18 Aug, 2020, 12:00 GMT

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- The rise of the COVID-19 pandemic has positively impacted the global hearing amplifiers market growth in 2020. This is mainly due to the growth in the number of hearing impairment patients all over the world

PUNE, India, Aug. 18, 2020 /PRNewswire/ --  Research Dive has added a new research report on the Global Hearing Amplifiers Market to its repository. The report reveals the impact of COVID-19 pandemic on the current and future growth of the global market. This report is a comprehensive research formulated by expert market analysts by analyzing major regional market situations, important driving factors, latest trends and advances, and size & scope of the market in the course of the pandemic period. 

Download COVID-19 Impact Analysis Report [70] Sample https://www.researchdive.com/covid-19-insights/352/hearing-amplifiers-market#myQueryForm 

Highlights of the Report

The COVID-19 disaster has created a positive impact on the global hearing amplifiers market. As per the report, the global hearing amplifiers market was accounted for $67.4 billion in 2019 and is estimated to hit $108.0 billion by 2027, rising at a CAGR of 5.9% throughout the crisis period. The market size in the present scenario has stretched up to $72.2 billion owing to the amplified demand for hearing amplifiers by people suffering from hearing loss. 

Factors Boosting the Market Growth amidst COVID-19 Pandemic

The global hearing amplifiers market is projected to experience substantial growth owing to the growing elderly population and increasing cases of hearing loss all over the world. Additionally, as DHH (deaf and hard hearing) people might have heart and blood pressure issues, they have greater chances of getting infected by COVID-19 disease. Therefore, a sudden surge in the adoption of hearing amplifiers has been witnessed in the course of the COVID-19 pandemic, which is fueling the global market growth. 

Response of Market Players to COVID-19:

Some of the foremost players in the hearing amplifiers sector are significantly investing in the development of innovative hearing amplifiers during the pandemic. For instance, Olive Union, a firm involved in the development of smart sound algorithms and Bluetooth earpiece technology has introduced the "Olive Smart Ear hearing amplifier" at CES® Las Vegas in January 2020. Such initiatives by industry players are projected to bring in profitable opportunities for the market growth during the pandemic period. 

Customize this report and get 10% Off: https://www.researchdive.com/request-for-customization/352 

Additionally, government bodies in various COVID-19 infected countries are supporting the hearing amplifier market players to sustain during the COVID-19 upheaval. For example, the Chinese government has proclaimed effective development plans to support advances in several areas including healthcare, medicines, and telemedicine.

Future Scope of the Market:

As per the report, the global hearing amplifiers market is estimated to perceive incessant growth after the end of COVID-19 pandemic. New entrants and some of the leading players such as:

  1. Amplifon
  2. iHEAR Medical, Inc.
  3. IntriCon
  4. SOUNDWORLD Solutions
  5. MDHearingAid
  6. Britzgo.com
  7. Beurer
  8. FocusEar
  9. Etymotic Research, Inc.
  10. Otofonix

And others are projected to transform the future of the global hearing amplifiers market in the coming years. 

Moreover, the report offers a brief summary of business overview including financial performance, product portfolio, recent strategic moves & developments, and SWOT analysis of all key players of the market. Inquire before Purchase Summary Report

 Read more about Hearing Amplifiers:

Here are 5 Top Amplifier Models to Ease Your Hearing Issues

Similar Reports:

  1. Mechanical Ventilators Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 – Download Sample Report
  2. MRI Guided Neurosurgical Ablation Market: Global Opportunity Analysis and Industry Forecast, 2020–2027 – Download Sample Report

About Research Dive

Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge.

Contact:

Mr. Abhishek Paliwal
Research Dive
30 Wall St. 8th Floor, New York NY 10005
(P) +91-(788)-802-9103 (India)
+1-(917)-444-1262 (US)
Toll Free: 1-888-961-4454
E-mail: support@researchdive.com
Website: https://www.researchdive.com
Blog:  https://www.researchdive.com/blog/ 
LinkedIn: https://www.linkedin.com/company/research-dive/ 
Twitter: https://twitter.com/ResearchDive
Facebook: https://www.facebook.com/Research-Dive-1385542314927521 

Logo: https://mma.prnewswire.com/media/997523/Research_Dive_Logo.jpg  

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