Global Smart Hearing Aids Market Trends, Forecast Report 2025-2037
Smart Hearing Aids Market size is set to grow from USD 11.78 billion to USD 34.43 billion, reflecting a CAGR of around 8.6% during the forecast period, between 2025 and 2037. In the year 2025, the industry size of smart hearing aids is evaluated at USD 13.46 billion.
The growth of smart hearing aids market is primarily attributed to the increasing prevalence of hearing loss globally and technological advancements in hearing aid devices. According to the World Health Organization (WHO) by 2050 nearly 2.5 billion people are projected to have some degree of hearing loss and at least 700 million will require hearing rehabilitation. The overall sales of advanced hearing aids, including smart hearing aids have significantly increased in recent years. According to statistics by the Observatory of Economic Complexity (OEC), the total trade of hearing aids in 2022 was USD 6.4 billion. Here is a list of top exporters of hearing products in 2022.
Top Exporters of Hearing Aids in 2022
|
Country |
Export Revenue |
|
Poland |
USD 1.3 billion |
|
Vietnam |
USD 637 million |
|
Netherlands |
USD 577 million |
|
China |
USD 557 million |
|
United States |
USD 544 million |
