Innovative Technologies are Changing the Hearing Aid Market

  • August 01, 2019

The global hearing aid market is likely to transform due to
the technological innovations in the development of hearing aids. Many of the leading players in the global hearing aids market are shifting their focus to expand their product portfolio and strengthen their position against competitors. Some of these vendors that provide hearing aids are William Demant Holdings, Sonova Holding AG, Amplifon S.p.A, GN ReSound, Sivantos Pte. Ltd., Widex, Cochlear Ltd, and Starkey Hearing Technologies, Inc.

Companies are introducing a different variety of enhanced
hearing aids thanks to the adoption of new technologies and continued
investment into research and development activities. Phonak recently introduced
one of the latest advanced hearing aid technologies that has created a buzz in
the hearing community. They offer devices that can perform speech
understanding, excellent performance, and high sound quality.

With increasing transformation in technology used for
hearing aids, the global hearing aid market is expected to cross over ten
billion by the end of 2024. With that said, the market is expected to face a few
challenges during this period.

Hearing aids are now equipped with Bluetooth technology, making
its use more convenient and easier to use. Numerous hearing aids manufacturers
are coming up with in-the-ear (ITE) and behind-the-ear (BTE) models. The Opn,
from Oticon is made for iPad, iPhone, and iPod touch, and allows the user to
stream audio directly into their hearing aids. Various ear devices require the
use of a streamer, and it is worn around the neck or placed in a pocket for
hand-free use.

Hearing aids has moved away from hospitals and towards locations
that have easier access. Manufacturers are now focusing on innovations in
details about the ear from a distant location. Similar to a fitness tracker
application, hearing aids are also transforming. Audiologists can remotely
change and update hearing aids settings remotely. ReSound LiNX 3D is a device
that allows the individual using this hearing aid to send their audiologist a
real-time snapshot in the event they are facing difficulties.

Visit our blog again soon for the latest news in hearing aid
technology and remember that you can schedule an appointment to have your
hearing checked today by visiting our
. With all of this new innovation, we are happy to be your source
for hearing aid related news and advice.