Hearing Assistive Technology Segmentation
The hearing assistive technology market is segmented based on functionality type into wireless device, and wired device, out of which, the wireless device segment is anticipated to grab the largest share by the end of 2021 on account of freedom and extended mobility offered by wireless devices, the surge in IoT devices, rapid development and proliferation of wireless technologies. Moreover, wired device is widely being used owing to the low price, zero latency, and better audio quality offered by these devices to the growth of the segment during the forecast period.
On the basis of device type, the wireless/wired headsets segment in the hearing assistive technology market is projected to grow with a significant CAGR over the forecast period. The growth of the segment can be attributed to the fact that demand of personal hearing devices is growing on account of rapid internet proliferation, growth in OTT platforms, and growing number of smartphone users.
Our in-depth analysis of the global market includes the following segments:
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