According to recent statistics, the hearing aid market has grown by 9.9% compared to H1 2015. HR Editor Karl Strom predicts that, at the current pace, US hearing aid sales would approach 3.7 million units by year’s end.
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US hearing aid net unit sales grew by as much as 9.7% in the first 3 months of 2016 compared to the same period last year, with the private/commercial sector leading the way with a 10.8% increase.
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Hearing aid net unit sales in the United States grew to 3.36 million units in 2015, a 7.17% increase over the 3.13 million units dispensed in 2014. For the first time since 2006, private sector unit growth exceeded that of the Department of Veterans Affairs (VA).
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US hearing aid sales increased by 4.2% in the third quarter of 2015, aided by a 5.6% increase in private-sector dispensing, according to statistics generated by the Hearing Industries Association (HIA), Washington, DC. Dispensing activity at the Department of Veteran Affairs (VA) was flat (-0.4%), dipping into negative territory for the first time in almost a decade (Q1 2006).
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Hearing aid unit sales in the first half increased by 8.8%, and gains were evenly distributed among private practices and the VA.
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Hearing aid sales in the United States during the first quarter of 2015 increased by 11.32% compared to the same period last year, with nearly identical strong sales for both the private sector and the VA.
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According to statistics generated by the Hearing Industries Association (HIA), hearing aid unit sales in the United States grew by 4.76% in 2014—topping 3 million units for the first time in industry history. Hearing aid sales in the private sector increased by 3.4%, while the VA (which accounted for 21.6% of the US market) increased its units dispensed by 9.8%.
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According to the HIA, total hearing aid units dispensed are 3.9% above last years’ figures. Commercial sector (non-VA sales) hearing aid unit sales are 2.5% higher that they were at this point last year; the VA’s dispensing activity has increased by 9.3%.
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Hearing Review Editor-in-Chief Karl Strom takes a look at second quarter hearing aid sales in this month’s Staff Standpoint.
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According to HIA statistics, second-quarter US hearing aids sales increased by 3.3% for the commercial market and 10.2% for the Department of Veterans Affairs (VA) compared to the same period last year, for a total quarterly increase of 4.75% over Q2 2013. At the mid-point of 2014, total hearing aid unit sales have increased by 2.9%.
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US hearing aid unit sales in the first quarter of 2014 increased by less than a percentage point for the total market compared to the same period last year.
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US hearing aid unit sales in the first quarter of 2014 increased by less than a percentage point (0.95%) for the total market, and by one-tenth of a percent (0.12%) for the commercial (non-VA) sector compared to the same period last year, according to recently released HIA statistics.
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Hearing aid unit sales increased in 2013, and behind-the-ear hearing aids with external receivers now make up more than half of all hearing aids sold, according to year-end US statistics from the Hearing Industries Association.
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Hearing aid unit sales increased by 4.8% in 2013, and BTE hearing aids with external receivers (ie, RICs/RITEs) now make up more than half (52.2%) of all hearing aids sold in the United States, according to 2013 year-end HIA statistics.
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US hearing aid net unit sales in the third quarter increased by a total of 8.7% over the same period last year. On the year, US hearing aid sales are now up by 4.6%—or slightly above the industry’s historical growth rate of 2-4%.
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