The British and Irish Hearing Instrument Manufacturers Association (BIHIMA) announced its release of the Q3 results of its members, providing a picture of current trends and developments within the UK and Irish hearing care markets.
According to BIHIMA’s announcement, the “most significant” development is the continued growth in the number of units distributed through the private market in the UK: the number of unit sales increased by 2,756 units (3.5%) from the previous year and by 2,638 (3.3%) from Q2 2018. YTD (year-to-date) unit sales were also up 3.8% from 2017.
Meanwhile, the BIHIMA reports that the NHS side of the market slowed down in the same period: unit sales were flat compared to Q3 2017 and decreased by 7445 (2.2%) from Q2 2018. YTD units were down 1.6% from 2017.
BIHIMA also tracks the trends in the types of technology being selected by patients in the private sector. In the private sector, the RITE/RIC (receiver-in-the-ear technology) continues to grow in popularity and now represents 69.4% of all sales, up 1.7% from Q3 2017.
“We are seeing solid growth in the private hearing care sector which is in line with expectations based on our aging population and also points to evolving public awareness of the hearing technology produced by our manufacturers which can have transformative results,” said the BIHIMA chairman, Paul Surridge.
In its role as the voice for the hearing technology industry, BIHIMA regularly monitors the market and releases the results of its members every quarter.
To keep up to date with the latest market information, download the results here: https://www.bihima.com/resources/statistics/.