North American Market Forecast
The North America hearing aids market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037. The growth of the market can be ascribed to the rising cases of hearing loss and exponential growth in the geriatric population coupled with the technological advancement in hearing aid designs. For instance, it has been observed that around 45 million Americans live with hearing disabilities, additionally, in every 5 people, 1 person wears a hearing aid. Moreover, the presence of highly developed healthcare infrastructure and the noteworthy penetration of major key players in the region is further expected to hike the growth of the market over the forecast period
Author Credits: Radhika Pawar
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