Hearing Aids Market

Report Description
A hearing aid can be defined as sound-amplifying devices designed to aid people who
have a hearing impairment. Hearing aids treat hearing loss by helping person hear the
sounds that are missing out on by fitted an audiologist at active audiology, person will get
a device that is measured in ear and set up according to a prescription to match their
hearing needs.
Hearing aids are much more than just an amplifier. They have a computer chip with
artificial intelligence. This chip gives person the details of sounds whilst reducing
background noise to give them the best sound experience possible.
Hearing loss can be caused by many different causes, some of which can be successfully
treated with medicine or surgery, depending on the disease process. There are three
types of Hearing loss: Conductive hearing loss, Sensorineural hearing loss, mixed hearing
loss.
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According to the WHO's estimates, there will be approximately 1.2 billion people in the
world over the age of 60 by 2026. This marks a shift in population demographics, from a
demographic majority of young people globally to a more balanced proportion of young
and old. Hearing loss is one of the six leading global disease burden. According to the
Royal National Institute for Deaf People, the prevalence of hearing loss increases with
age, affecting 42% of people over 50 and more than 70% of people over 70.