The global audiometer market size was significantly large in 2022, and is expected to continue to register a rapidly inclining revenue CAGR between 2023 and 2032. Key factors responsible for driving market revenue growth are increasing government orders for demolition of illegal construction, rising construction & demolition activities, and rapid urbanization across the globe. Also, governments of various countries are investing huge sums in infrastructural development projects, including construction and repair of roads, highways, and bridges.
An audiometer is used to assess hearing loss during an audiology test. It is a single piece of hardware that sends a pure-tone of controlled intensity to one ear at a time, and the patient responds when they hear the tone. Many modern devices can be used independently or in combination with hearing conservation databases when connected to a computer. An audiogram of threshold sensitivity or speech understanding profile, is produced by transmitting recorded sounds, such as pure tones or speech to the test subject\’s headphones at varying frequencies and intensities. It also records the subject\’s responses. Pure tone audiometry is a procedure that involves forcing a patient to hear pure tones, such as high-pitched tones, at regular intervals in order to assess their hearing loss.
Request a Sample@ https://www.qyresearchmedical.com/sample/119402
Moreover, speech audiometry is similar to pure-tone audiometry in terms of the process used. However, human speech is used to determine the extent and location of hearing loss. Resistance offered by the ear parts to incoming sound is measured in immittance audiometry. These devices are primarily used as hardware audiometers or software audiometers in hospitals, audiology centers, and research institutions. Audiometers are used to diagnose various types of hearing loss in children, adults, and the elderly. These devices are also capable of prescribing appropriate treatment options. An audiometry exam test is performed by an audiometer to determine a patient\’s hearing functions. Intensity and tone of sounds, as well as balance issues and other issues related to inner ear function, are examined with an audiometer.
Major Factors Driving Growth of The Global Audiometer Market:
Recent advancements in audiometer products and emergence of state-of-the-art audiometers with numerous features, such as digital noise cancellation and speech enhancement, are expected to drive the audiometer market growth over the forecast period. Furthermore, audiometers are expected to be widely available in private stores, clinics, large-scale retailers, and government stores in the near future, thereby expanding the overall market reach.
Factors Restraining Growth Of The Global Audiometer Market:
Lack of awareness of audiometers, especially in developing countries across the globe is expected to hamper the audiometer market growth in the near future. In addition to this, strict government norms associated with marketing and distribution of audiometers would also create challenges for the market.
Opportunities For Players Operating In The Global Audiometer Market:
Audiometers are required by government agencies and private institutions for screening programs. Sales of audiometers will be driven by expansion of health care programs as a result of new legislation. Besides, technological advancements, higher prevalence of hearing disorders, and rising awareness of healthcare are expected to provide numerous growth opportunities to key players in the audiometer market during the forthcoming years.
Global Audiometer Market Revenue Led By
By product, the audiometer market is segmented into stand-alone audiometer, hybrid audiometer, and PC-based audiometer. Out of these, the PC-based audiometer segment would account for the majority of market share. These audiometers are used by speech & hearing therapists working in educational institutions. These have features of both hardware and software audiometers. Also, these audiometers have various benefits, such as the ability to transfer results obtained in digital format to other devices. Hence, this segment is expected to grow rapidly.
Global Audiometer Market Leading End-use Segment:
The audiometer market is segmented into hospitals, research centers, and audiology centers based on application. The hospitals segment held the largest audiometer market share in 2020. Increasing use of electronic medical records & information technology, rising adoption of advanced technology, and increasing support by governments to set up multispecialty hospitals worldwide are some of the major factors driving this segment’s growth. Also, a few companies are joining hands with various hospitals to launch new audiometers.
North America Accounts For Largest Revenue Share In Global Audiometer Market:
In terms of revenue, North America accounted for the global audiometer market share in 2020, and this trend is expected to continue over the forecast period. Increasing prevalence of hearing disorders, rising awareness of treatment options, and presence of a well-established health-care infrastructure are expected to propel growth of this region. Europe, on the other hand, is set to remain in the second position, owing to rising R&D activities.
Asia Pacific Continues to Lead In Terms Of Revenue CAGR:
In the upcoming years, Asia Pacific is expected to generate high revenue CAGR. China is considered to be a major growth contributor, followed by India and Southeast Asia. In China, several manufacturers are striving persistently to be the early adopters of novel technologies. Hence, they are trying to manufacture novel products in their own facilities instead of importing them from other countries. At the same time, increasing prevalence of various chronic ailments would propel the Asia Pacific audiometer market growth in the near future.
Major Companies Profiled in The Report:
- William Demant
- GN Otometrics
- Natus Medical
- Benson Medical Instruments
- Beijing Beier
Strategies And Objectives Of Major Companies:
- In January 2021, SHOEBOX Ltd., a medical technology company based in Canada, introduced its latest turnkey solution named SHOEBOX PureTest. It can conduct occupational hearing testing in a compliant and consistent manner across an organization. It requires a Type 4 (screening/monitoring) audiometer.
What Our Report Provides and Why Our Offering Is Better:
This report offers historical data points and forecasts and revenue growth at a global, regional, and country level, and provides analysis, industry trends, and consumption pattern details for each region, major country, and segment from 2023 to 2032. The global market report includes industry trends, drivers, restraints, opportunities, threats, market strategies, segment revenue, and market share contribution by each regional and country market. In addition, the report offers industry analysis and competitive landscape, company financials, and impact analysis. The report includes a detailed view of the global market, along with changing dynamics and trends, scenarios, detailed market and regional segmentation, regional landscape, analysis and evaluation, major investments, product offerings, product launches, and details of historical, current, and projected revenues.
Detailed Segmentation In Our Report:
For the purpose of this report, global audiometer market is segmented on the basis of product, end-use, and region:
Product Outlook (Revenue, USD Billion; 2023-2032)
- Stand-alone Audiometer
- Hybrid Audiometer
- PC-Based Audiometer
End-use Outlook (Revenue, USD Billion; 2023-2032)
- Research Centers
- Audiology Centers
Region Outlook (Revenue, USD Billion; 2023-2032)
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East & Africa
- Saudi Arabia
- South Africa
- Rest of Middle East & Africa
Buy quantitative research Report at discounted price – USD 1500 https://www.qyresearchmedical.com/report/checkout/119402/1500
You can place an order or ask any questions, please feel free to contact email@example.com | +1 9197 992 333
QYResearch Medical has more than 4000 global well-known customers, covering more than 30 industries including pharmaceuticals, medical technology & devices, healthcare services etc. Company services cover one-stop solution as Data-Analysis-Suggestion-Consulting Implementation. Research regions cover North America, Europe, Latin America, Middle East and Africa, Asia- Pacific.
For Latest Update Follow Us: