Search Results for: Hearing aid sales

US Hearing Aid Unit Sales Increased by 8.7% in 2016

According to HIA statistics, 3.65 million hearing aid units were dispensed in the United States during 2016—or 8.7% more than in 2017. For the private/commercial sector, hearing aid unit sales grew by 10.6% in 2016—a strong follow-up to the 7.8% gains experienced in 2015. However, when accounting for gains by Big Box retailers and other factors, unit gains for most dispensing practices in 2016 were more likely to be around 6%.

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Second Quarter Hearing Aid Unit Sales Rise by 1%

After a 1.1% increase in sales during the first quarter of 2008, unit sales of hearing aids in the US held steady in the second quarter–actually increasing by 0.8%–in the face of a gloomy economy. Sales were buoyed by a 9.5% increase in VA dispensing activity, while private sector (non-VA) unit sales decreased by 0.6%.

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MarkeTrak VI: The VA and Direct Mail Sales Spark Growth in Hearing Aid Market

MarkeTrak VI indicates that there are now 28.6 million people reporting hearing difficulty and 22.2% of these people now use hearing aids (up from 20.4% in 1997). Binaural fittings have increased to 74.2% of all purchases, physician hearing screenings have fallen to 14%, and there are now fewer in-the-drawer aids (11.7%) than in 1997 (16.2%). The new study also indicates that VA and mail-order sales account for half of the incremental hearing instrument penetration increases over the last 3 years.

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