US hearing aid unit sales during the first half of 2019 increased by 2.7% for the private/commercial sector and 8.5% for the US Department of Veteran Affairs (VA), for a total increase of 3.8% compared to the same period last year. The VA accounted for 1 in 5 (19.5%) of all hearing aids dispensed in the United States in the first half of 2019. RIC-style hearing aids constituted 81.7% of all hearing aids dispensed.
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Hearing aid net unit sales in the United States increased by 2.5% during the first quarter (Q1) of 2019, totaling 1,000,653 units—the second time unit volume has ever exceeded 1 million in a quarter.
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Hearing care practice owners often get sweaty palms this time of year due to a drop in business and hearing aid units sold. However, industry statistics show that, if that’s the case in your business, maybe you should relax a little; historically, January and February are probably the worst months for hearing aid sales in the private sector.
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US hearing aid unit sales increased by 5.3% in 2018, falling just 30,000 units short of the 4 million mark, according to HIA fourth quarter statistics. For the year, the commercial sector experienced unit sales gains of 5.95%, while the Department of Veterans Affairs (VA) dispensing activity increased by 2.4%.
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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.
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According to HIA statistics, the US hearing aid market has experienced sales gains of 5.9% and may exceed 4 million hearing aid units dispensed by the end of 2018. Here’s a summary of the US hearing industry statistics through the third quarter of this year, including a look at the most-common styles of hearing aids sold.
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In the second quarter of 2018, US quarterly sales of hearing aids exceeded 1 million net units for the first time in the industry’s history, according to statistics generated by the Hearing Industries Association (HIA). In Q2 2018, unit sales increased by 5.73% compared to the same period last year—the exact same percentage growth as the first quarter’s sales’ growth rate.
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In 2017, the six EHIMA members who are the world’s largest and leading hearing instrument manufacturers sold 15.05 million hearing aids in total. Compared to the previous year, sales grew by 5.7%.
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Hearing aid net unit sales in the United States increased by 7.2% for the private sector and stayed about the same (-0.5%) at the VA in the first quarter of 2018 compared to the same period last year. RICs constituted 71.7% of the total market.
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Hearing aid net unit sales in the United States grew by 3.4% in 2017, with a 4.0% growth rate for the commercial/private sector and 0.92% for the Department of Veterans Affairs (VA), according to statistics generated by the Hearing Industries Assn (HIA), Washington, DC.
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In the third quarter of 2017, private sector unit sales of hearing aids increased by 2.8%, VA dispensing fell by 1.3%, and the total market gained 2.0% in unit volume compared to the same period last year.
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Hearing aid unit sales remained relatively flat in the third quarter of 2017 but still within historical growth norms, according to statistics generated by the Hearing Industries Association (HIA), Washington, DC.
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Statistics generated by the Hearing Industries Association (HIA), Washington, DC, indicate that US hearing aid sales in 2017 have returned to levels more in line with the industry’s historical norms of 2-4%.
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Total US unit sales increased by 3.4% and 2.3% in the first two quarters of 2017, making for a total unit sales increase of 2.8% in the first half of 2017 compared to the same period last year—or a total of 1.87 million hearing aids sold.
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In his end-of-year “Staff Standpoint” installment, Hearing Review Editor Karl Strom reports that at its current pace of about 10% growth, the US hearing aid market should come in just shy of 3.7 million net units distributed by the end of 2016.
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