US hearing aid sales increased nominally by 0.8% to 4.77 million units in 2022, compared to the post-pandemic year of 2021, when sales surged by 37%, according to the Hearing Industries Association (HIA).
In 2020, EHIMA members sold 14.12 million hearing aids in total; compared to the previous year, sales fell by 17.2%, an “unprecedented first after years of continued growth,” according to EHIMA.
According to BIHIMA's announcement, the latest UK and Irish hearing instrument Q3 data shows that “the private hearing instrument market is recovering well, with the NHS market picking up at a slower rate.”
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 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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Those practices with larger gross revenues have the critical mass to leverage their advantages in an increasingly competitive 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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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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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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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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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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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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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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A market research report from Persistence Market Research that covers revenue growth in the global hearing aid market indicates that this market will attain a value of more than $10 million by the end of 2024.
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