The U.S. hearing aids market size was USD 2.53 billion in 2020. The global impact of COVID-19 was unprecedented and staggering, with hearing devices witnessing a negative demand across the U.S. amid the pandemic. Based on our analysis, the U.S. market exhibited a substandard growth of -16.0% in 2020 as compared to the average year-on-year growth during 2017-2019. The market is projected to grow from USD 2.65 billion in 2021 to USD 4.48 billion in 2028 at a CAGR of 7.8% in the 2021-2028 period. The sudden fall in CAGR is attributable to a decrease in demand and growth, returning to pre-pandemic levels once the pandemic is over.
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Some of the leading companies operating in the U.S. Hearing Aids market include:
- Sonova (Stäfa, Switzerland)
- Demant A/S (Copenhagen, Denmark)
- GN Store Nord A/S (Ballerup, Denmark)
- Cochlear Ltd (Sydney, Australia)
- WS Audiology (Lynge, Denmark)
- RION Co., Ltd.(Tokyo, Japan)
- Other Prominent Players
The Global Immunomodulators Market 2021 research provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Global Immunomodulators Market report is provided for the international markets as well as development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as manufacturing processes and cost structures are also analysed. This report additionally states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins.
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