Global Electronic Hearing Protection Devices Market to Surpass US$ 818.4 Million by 2027 – Coherent Market Insights
SEATTLE--(BUSINESS WIRE)--Dec 17, 2019--
According to Coherent Market Insights, the global electronic hearing protection devices market is expected to be valued at US$ 441.2 million in 2019, and is projected to exhibit a CAGR of 8.0% over the forecast period (2019-2027).
Key Trends and Analysis of the Global Electronic Hearing Protection Devices Market:
Key trends in market are rising incidences of hearing loss, increasing number of product launches, and increasing collaboration and acquisition activities by key market players.
According to the National Health Interview Survey of the U.S. Centers for Disease Control and Prevention, during 2014-2016, almost 16% of the U.S. adults aged 18 year and older had hearing loss.
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Moreover, increasing product launches by key players is expected to drive growth of the global electronic hearing protection devices market over the forecast period. For instance, in July 2019, CENS Digital launched ProFlex DX Series of hearing protection earplugs, including DX1 & DX3, for shooters
Furthermore, key players operating in the market are focused on adopting acquisition and collaboration strategies, in order to expand their product offerings in the market. For instance in July 2018, Hulfators Group acquired Hellberg Safety AB’s product portfolio, which includes hearing protection, face protection, and communication solutions. As a result of this acquisition, Hulfators Group gained access to complete Hellberg Safety AB portfolio of highly advanced hearing protection, face protection, and communication solutions, through which they will expand their product offerings in market.
Key Market Takeaways:
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Similar Market Reports:
Hearing Protection Devices Market
Hearing protection devices are devices worn in or over the ears to prevent noise-induced hearing loss. There are several types of hearing protection devices such as earmuffs, earplugs, hearing bands, and others.
Personal Protective Equipment Market
Personal protective equipment (PPE) refers to protective helmets, clothing, footwear, goggles, or other equipment that are designed to protect the wearer’s body from infection or injury.
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CONTACT: Mr. Raj Shah
Coherent Market Insights
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Seattle, WA 98154
KEYWORD: CALIFORNIA WASHINGTON UNITED STATES NORTH AMERICA
INDUSTRY KEYWORD: MEDICAL DEVICES HEALTH
SOURCE: Coherent Market Insights
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PUB: 12/17/2019 10:51 AM/DISC: 12/17/2019 10:51 AM