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SOURCE Decision Resources Group
Underpenetration, Increasing Awareness and Expanded Indications Will Facilitate Moderate Market Expansion, According to Findings from Decision Resources Group
BURLINGTON, Mass., May 1, 2014 /PRNewswire/ -- Decision Resources Group finds that hearing loss is currently under-addressed among the U.S. population, facilitating moderate growth in the hearing aid device market. Device penetration into the eligible patient pool will grow as awareness of these devices increases as a result of new research and educational awareness campaigns sponsored by manufacturers. This market will reach a value of approximately $2.5 billion by 2022.
Other key findings from the Medtech 360 report entitled US Markets for Hearing Aid Devices 2014:
Comments from Decision Resources Group Senior Analyst Jason Lau:
About Decision Resources Group
Decision Resources Group offers best-in-class, high-value information and insights on critical issues within the healthcare industry. Clients rely on this analysis and data to make informed decisions. Find out more at www.DecisionResourcesGroup.com.
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