Ear Health Market worth $1.9 billion by 2026
The report "Ear Health Market by Product (Ear Health Devices (Diagnostic Devices, Surgical Devices, Hearing Aids, Hearing Implants, CO2 Lasers), Ear Health Supplements, Ear Infection Drug Treatment), and Region - Global Forecast to 2026" the global ear health market is projected to reach USD 1.9 billion by 2026 from USD 1.4 billion in 2021, at a CAGR of 6.3% during the forecast period. Growth in this market is largely driven by the growing geriatric population, high prevalence of ear diseases, rising incidence of noise-induced hearing loss, and shift in consumer preference towards plant-based supplements. However, the high cost of ear health devices and supplements is expected to restrain the growth of this market during the forecast period. The base year considered for the study is 2020, while, the forecast period is 2021 to 2026.
Browse 40 market data Tables and 13 Figures spread through 78 Pages and in-depth TOC on "Ear Health Market by Product (Ear Health Devices (Diagnostic Devices, Surgical Devices, Hearing Aids, Hearing Implants, CO2 Lasers), Ear Health Supplements, Ear Infection Drug Treatment), and Region - Global Forecast to 2026"
View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/ear-health-market-203353767.html
By product, the ear health devices segment accounted for the largest share of the ear health market in 2020.
On the basis of product, the ear health devices segment accounted for the largest share.
By device type, the hearing aids segment accounted for the largest share of the ear health market in 2020.
On the basis of device type, the hearing aids segment accounted for the largest share.
North America dominated the ear health market in 2020
North America accounted for the largest share of the ear health market in 2020, followed by Europe and Asia Pacific. The rising number of ear diseases, and rising incidence of noise-induced hearing loss are the key factors responsible for the large share of North America in the ear health market.
Some of the prominent players in this market are Sonova Holdings AG (Switzerland), Olympus Corp. (Japan), William Demant Holdings A/S (Denmark), Cochlear Limited (Australia), Stryker Corporation (US), Johnson & Johnson (US), Novartis (Switzerland), Karl Storz GMBH & Co. KG (Germany), Medtronic Plc (Ireland), Oscar Remedies Pvt Ltd. (India), and InnerScope Hearing Technologies (US).
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