Hearing Amplifiers Market: Trends, Challenges, and Opportunities
The global hearing amplifiers market is experiencing significant growth, driven by demographic shifts, technological advancements, and increasing awareness of hearing health. The market, valued at $80.66 million in 2020, is projected to reach $123.81 million by 2030, growing at a compound annual growth rate (CAGR) of 4.5% from 2021 to 2030. This surge is largely attributed to the rising geriatric population, the increasing prevalence of hearing loss, and rapid innovations in hearing amplifier technology.
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