Medical Audiometer Devices Market is expected to reach US$ 175.73 Million by 2028

Hybrid Audiometers Segment to Grow at Highest CAGR During 2021–2028

According to our new market research study on “Medical Audiometer Devices Market to 2028 – Global Analysis and Forecast – by Type and End User,” the market is expected to reach US$ 175.73 million by 2028 from US$ 129.58 million in 2021; it is expected to grow at a CAGR of 4.4% from 2021 to 2028. The report highlights trends prevailing in the market and drivers and hindrances pertaining to the market growth.       

Based on type, the medical audiometer devices market is segmented into hybrid audiometers, standalone audiometers, and PC-based audiometer. The PC-based audiometer segment would account for the largest market share in 2021, and the hybrid audiometers segment is anticipated to register the highest CAGR during the forecast period.

Based on end user, the medical audiometer devices market is segmented into hospitals and clinics, research centers, and diagnostic centers. The hospitals and clinics segment would hold the largest share of the market in 2021, and the same segment is estimated to register the highest CAGR in the market during the forecast period.   

The COVID-19 pandemic has become the most significant challenge across the world. As this pandemic has stressed healthcare systems across the globe, prioritizing the limited resources was essential to minimize hospital admissions. However, market players have adopted an innovative approach of tele-audiology solutions to deal with hearing loss patients. For instance, Satellite Tele-Audiology Solutions, part of the Inventis company, is said to be the first technology of its kind. This technology allows audiologists to interact and remotely perform complete hearing assessments with their patients in real-time. Such developments by the leading market players have resulted in the minimal impact of the COVID-19 pandemic on the medical audiometer devices market.    

Benson Medical Instruments Co, Hedera Biomedics S.r.l., Smart Diagnostic Devices, Natus Medical Incorporated, INVENTIS SRL, Auditdata, MedRx, INTERACOUSTICS AS, RESONANCE, and Hill Rom Holding Inc. are among the leading companies operating in the medical audiometer devices market.    

Medical Audiometer Devices Market, by Region, 2021 (%)