BIHIMA: Hearing Instrument Sales Finish on a High for 2024
BIHIMA has released Q4 data on British and Irish hearing technology market figures for 2024, revealing overall growth across the entire year.
Tag: hearing aid sales
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Hearing Aid Market Roars Back in First Half 2021
The latest statistics from the Hearing Industries Association (HIA) indicate a big comeback in 2021 for US hearing aid dispensing. For the first half of 2021, net unit sales rose by 61.6% when compared to H1 2020, and by 13.5% when compared to the pre-pandemic period of H1 2019.
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The Resurgence of Covid-19 and Adjustments in Hearing Care Marketing
Covid-19 is still impacting hearing aid sales, but these strategies can blunt its effects while preparing your practice for what many experts predict will be an excellent year for hearing healthcare in 2021.
Blog: Seasonality in Hearing Aid Sales
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 Sales Increase by 5.3% in 2018; Approach 4-Million Unit Mark
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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Will Hearing Aid Sales Top 4 Million Units in 2018?
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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US Hearing Aid Sales Up by 5.7% in First Half of 2018
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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EHIMA Data Shows 5.7% Increase in Global Hearing Aid Sales
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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US Hearing Aid Sales Up 5.7% in First Quarter 2018
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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Keep Building Your Business
Those practices with larger gross revenues have the critical mass to leverage their advantages in an increasingly competitive market.
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Staff Standpoint: Hearing Aid Sales Increase by 3.4% in 2017
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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BIHIMA Releases 2017 Q3 Market Statistics Report
The BIHMA reports what they call “improved growth” in the number of units distributed through the private market in both the UK and Ireland.
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Staff Standpoint: Hearing Aid Sales in Q3 2017 on Low Side of Normal
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 Sales in Q3 2017 on Low Side of Normal
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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Hearing Aid Sales Return to Industry Norms in H1 2017
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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Staff Standpoint: A Growing Hearing Aid Market, Despite Turmoil
Net hearing aid unit sales in the United States increased by 3.4% in the first quarter of 2017—with a gain of 3.9% for the private/commercial sector and 1.3% for the VA—compared to the same period last year, according to statistics generated by the Hearing Industries Association (HIA).
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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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Staff Standpoint: Hearing Aid Sales Remain Strong
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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