Tinnitus Management Market Global Analysis, Size, Share, Growth, Trends and Forecast 2018-2026

                                                                                   
Tinnitus is a condition in which a person's ears ring or make other noises. It can affect one or both ears.

         Tinnitus Management Market


Tinnitus is a condition in which a person's ears ring or make other noises. It can affect one or both ears. The sound that a tinnitus sufferer hears is not created by external sources, and most people are oblivious to it. The sound might be quiet or loud, and it can be high pitched or low pitched. Tinnitus is a prevalent problem among the elderly, affecting 15% to 20% of the population. Tinnitus is most commonly caused by an underlying medical disease or circulatory system difficulties, as well as ear injuries and age-related hearing loss. Tinnitus can be effectively managed with hearing aids, sound masking devices, and notched-music devices in persons of all ages.

According to the American Academy of Audiology, global tinnitus prevalence ranged from 5% to 42% in 2016, according to various research, and this high prevalence is projected to fuel the Tinnitus Management Market's rise. According to the British Tinnitus Association, around 90% of patients with tinnitus experience hearing loss. Patients with partial deafness or hearing loss have also complained about tinnitus and have undergone tinnitus therapy management. This is another element that is predicted to propel the tinnitus management market forward. Market expansion will be aided by the development of unique and innovative gadgets and therapies for tinnitus management.

Market Segmentation:

On the basis of product

  • Sound masking devices
  • Hearing aids
  • Notched music devices
  • Cochlear Implants
On the basis of distribution channel
  • Clinics
  • Hospitals
  • Others
The cost of tinnitus control equipment is relatively significant. Furthermore, insurance coverage for tinnitus may not include it as an indication, preventing patients from using treatment equipment. Over the projected period, these factors are expected to have a negative impact on market growth.

The key players operating in the global tinnitus management market include Sivantos, Inc., Starkey Hearing Technologies, Inc., GN Hearing A/S, Widex A/S, Oticon Inc., Neuromod Devices Ltd., Neuromonics, Inc., Puretone Ltd., and Cochlear Americas, Inc.

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