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Hearing Aids Market Report (2022 to 2030) – Benson Hearing, Cochlear Ltd, Medtronic, Sonova, Starkey, and WS Audiology

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Newark, New Castle, USA, Jan. 31, 2023 (GLOBE NEWSWIRE) — According to a new market research report titled, “Hearing Aids Market by Product (Hearing Devices and Hearing Implants), by Patient Type (Adults and Pediatrics), and by Distribution Channel (Hospital Pharmacies, Retail Pharmacies, and Online Pharmacies) – Global Outlook & Forecast 2022-2030 ” published by Growth Plus Reports, the Hearing Aids market is expected to grow at a CAGR of 7.80% from 2021 to reach US$ 19.62 billion by 2030. The global hearing aids market is primarily driven by rising hearing loss prevalence, an aging population, and technological advancement. Furthermore, the introduction of new products and rising awareness about hearing aids treatment are propelling the global hearing aids market. Furthermore, rising government initiatives and investment in research & development are also fueling the global hearing aids market forward.

Request a Sample Copy of the Research Report:  https://www.growthplusreports.com/inquiry/request-sample/hearing-aids-devices-market/8053

A hearing aid is a specialized medical electronic device worn behind or in the ear as a therapeutic treatment for hearing loss. Conductive hearing loss is caused by problems with the middle ear, eardrum, or ear canal. Usually, surgery or other invasive surgery can make things better. Hearing aids amplify sounds, allowing people with hearing loss to better listen, communicate, and participate in daily activities.

Growth Drivers

Increasing technological advancement and the introduction of novel products are contributing to the global hearing aids market growth.  The introduction of new technology such as artificial intelligence, noise cancellation, and custom or personalized devices provides better features and compatibility. This in turn is increasing the demand for hearing aids and thereby propelling the growth of the overall market. In October 2022 Sony Electronics introduced its first novel over-the-counter hearing aids device in the United States. The launch was aimed at re-imagining the hearing device space with a focus on innovation, accessibility, and personalization

The global hearing aids market has been analyzed from four different perspectives – Product, Patient Type, Distribution Channel, and Region

Excerpts from ‘by Product’

The global hearing aids market based on products has been segmented into:

  • Hearing Devices
  • Hearing Implants

The hearing devices are further categorized into Behind-the-Ear (BTE), In the Ear (ITE), Receiver in the Canal (RIC), Completely in the Canal (CIC), and Others. Whereas Hearing Implants are sub-segmented into Cochlear Implants and Bone Anchored Implants.  Behind the ear (BTE) hearing devices segment is dominating the global hearing aids market owing to the introduction of novel products, increasing adoption behind the ear (BTE) hearing devices, and rising cases of hearing loss & deafness.

Excerpts From ‘by Patient Type’

The global hearing aids market based on the application has been segmented into:

  • Adults
  • Pediatrics

Adults segment dominating the global hearing aids market. The high share adults’ segment is attributed to the growing prevalence of hearing loss among adults due to aging, trauma, and increased excessive use of sound systems. Nearly 50% of people between the ages of 12 and 35, or 1.1 billion young people, are at risk of developing hearing loss, according to a statement made by the World Health Organization in February 2019. This is due to prolonged and excessive exposure to loud sounds, including music that people listen to through personal audio devices.

Excerpts from ‘by Region Segmentation

The global hearing aids market has been segmented into:

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

The global hearing aids market is dominated by North America, followed by Asia Pacific. The large share of North America in the global market is attributed to the region’s rising hearing loss prevalence, favorable reimbursement policies, and developed infrastructure.  The North America hearing aids market is also being driven by rising regulatory approval for novel hearing aids and technological advancement. In August 2022, The United States Food and Drug Administration issued a final regulation to enable access to hearing aids, potentially lowering prices for millions of Americans. This move is expected to create a new category of over-the-counter (OTC) hearing devices, allowing customers with perceived mild to moderate hearing impairment to buy hearing aids directly from shops or internet sellers without requiring a medical evaluation, prescription, or fitting modification by an audiologist. Asia Pacific is expected to show the highest growth during the forecast period owing to its large elderly population, rising use of cutting-edge technology, and expanding medical device start-up industry.

Browse detail report and full TOC: https://www.growthplusreports.com/report/hearing-aids-devices-market/8053

Excerpts from ‘Competitive Landscape’

The prominent players operating in the global hearing aids market are:

  • Benson Hearing
  • Cochlear Ltd
  • Demant A/S
  • GN Store Nord A/S
  • MED-EL
  • Medtronic
  • Phonak
  • RION Co., Ltd.
  • Sonova
  • Starkey
  • Widex USA, Inc.
  • William Demant Holding A/S
  • WS Audiology

VALUE PROPOSITIONS RELATED TO THE REPORT:

  • Powered with Complimentary Analyst Hours and Expert Interviews with Each Report
  • Comprehensive quantitative and qualitative insights at segment and sub-segment level
  • Covid 19 impact trends and perspective
  • Granular insights at global/regional/country level
  • Deep-rooted insights on market dynamics (drivers, restraints, opportunities) and business environment
  • Blanket coverage on competitive landscape
  • Winning imperatives
  • Exhaustive coverage on ‘Strategic Developments’ registered by leading players of the market

CUSTOMIZATION OPTIONS:

  • Distributor Landscape Assessment
  • Pricing Intelligence
  • Customer Base Assessment
  • Investment & Initiatives Analysis
  • ‘Business Profile’ of Key Players

Buy now complete report here: https://www.growthplusreports.com/checkout-8053

About Us:

Growth Plus Reports is part of GRG Health, a global healthcare knowledge service company. We are proud members of EPhMRA (European Pharmaceutical Marketing Research Association).

Growth Plus portfolio of services draws on our core capabilities of secondary & primary research, market modelling & forecasting, benchmarking, analysis and strategy formulation to help clients create scalable, ground-breaking solutions that prepare them for future growth and success.

We were awarded by the prestigious CEO Magazine as “Most Innovative Healthcare Market Research Company in 2020.


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50 Scholarships Empowering STEM & Sustainability Education for UK Youth

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NEW YORK, April 15, 2024 /PRNewswire/ — AFS Intercultural Programs, a global non-profit educational exchange organisation, is proud to announce the second year of Global STEM Innovators scholarships in the United Kingdom – equipping young people with access to STEM, sustainability, and global competence education.

The AFS Global STEM Innovators is a five-week, full-scholarship exchange program, for 50 youth (ages 14 to 17), that fosters the understanding and skills needed to help the world transition to a more sustainable future. The program combines an interactive virtual exchange focused on global skills, and a week-long, in-person workshop focused on innovations in STEM. Scholars will explore sustainability and social impact through diverse perspectives, innovations, and real-world case studies, including opportunities to meet with STEM industry leaders and experts.
Upon program completion, scholars earn the award-winning AFS Global Competence Certificate and are invited to join the AFS Global STEM alumni community, which offers mentorship, networking, and further academic and professional development opportunities.
Program Dates
Application Deadline: 15 May 2024Virtual Exchange: 8 July – 9 August 2024 (online)Workshop: 11-17 August 2024 (in-person)Eligibility
Legal residence in one of the following postcode areas: Aberdeen (AB), Cardiff (CF), Darlington (DL), Newport (NP), Swansea (SA), or Teesside (TS)Birthdate: 1 January 2007 – 31 July 2010AFS has partnered with Celtic English Academy in Wales to administer the program. Full scholarship funding is provided by bp, which supports AFS Global STEM programs to help build the STEM talent that the world needs to create sustainable solutions and improve the diversity of talent in STEM.
AFS brings decades of expertise in impact-driven educational exchange and the power of a global network. “We know that young people are eager to innovate and bring positive change to their communities, and we are proud to empower young people with critical global skills and knowledge, like cross-cultural communication, empathy, and conflict resolution,” says Daniel Obst, President & CEO of AFS. “Educating more young people to become global citizens is crucial to create a more sustainable future.”
To learn more or apply, please visit https://afs.org/global-stem/innovators/.
 
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Zimperium Positioned as the Leader in the 2024 SPARK MatrixTM for In-App Protection by Quadrant Knowledge Solutions

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The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading In-App Protection vendors.Zimperium, with its comprehensive technology for In-App Protection, has received strong ratings across the parameters of technology excellence and customer impact.MIDDLETON, Mass., April 15, 2024 /PRNewswire/ — Quadrant Knowledge Solutions announced today that it has named Zimperium as the 2024 technology leader in the SPARK Matrix™: In-App Protection, Q2 2024.

 
The Quadrant Knowledge Solutions SPARK Matrix™ includes a detailed analysis of the global market dynamics, vendor landscape, and competitive positioning. The study also provides a competitive analysis and ranking of the leading In-App Protection providers in the form of the SPARK Matrix™. The study also provides strategic information for users to evaluate different vendor capabilities, competitive differentiation, and market positions.
Ayush Patidar, Analyst at Quadrant Knowledge Solutions, states, “Zimperium’s Mobile Application Protection Suite (MAPS) provides ‘shift left’ security to Android and iOS mobile applications through a unified security platform that protects sensitive user information through app shielding techniques and advanced cryptographic key protection capabilities. Zimperium has received strong ratings across technology excellence and customer impact and has been positioned as a leader in the SPARK Matrix: In-App Protection, Q1 2024.”
 “In-app protection capabilities enable seamless integration of security throughout the application lifecycle from development to runtime without slowing down releases.  The app’s comprehensive protection prevents reversing and tampering in app stores and defends against on-device threats,” said Krishna Vishnubhotla, Vice President of Product Marketing, Zimperium. “Being able to update the in-app detections and responses over the air is key as it allows security teams to keep up with evolving threats without having to release a new app every time.”
Additional Resources:
For more information about Zimperium, visit hereSPARK Matrix: In-App Protection, Q1 2024Complimentary Download – SPARK Matrix: In-App Protection, Q1 2024: LinkAbout Zimperium
Zimperium enables companies to realize the full potential of mobile-powered business by activating a Mobile-First Security Strategy. Built for the demands of mobile business, Zimperium’s Mobile-First Security Platform™ delivers unmatched security across both applications and devices. Only Zimperium delivers autonomous mobile security that dynamically adapts to changing environments so companies can securely capitalize on the new world of mobile-powered opportunities. Zimperium is headquartered in Dallas, Texas and backed by Liberty Strategic Capital and SoftBank. For more information, follow Zimperium on Twitter (@Zimperium) and LinkedIn, or visit www.Zimperium.com.
Zimperium Media Contacts:
Lisa Bergamo [email protected]  (650) 380-9250, Sena McGrand [email protected] (917) 941-4975
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients in achieving business transformation goals with Strategic Business and Growth advisory services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, please visit https://quadrant-solutions.com/market-research/
Quadrant Media Contact:Mr. Ajinkya Ingle Quadrant Knowledge Solutions Regus Business Center 35 Village Road, Suite 100, Middleton Massachusetts 01949 United StatesEmail: [email protected] Phone: (+1) 978-344-2770
Content Source: https://quadrant-solutions.com/press-release/zimperium-positioned-as-the-leader-in-the-2024-spark-matrixtm-for-in-app-protection-by-quadrant-knowledge-solutions-544
Connect with us on LinkedIn- https://www.linkedin.com/company/quadrant-knowledge-solutions/
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Broadcom Earns Frost & Sullivan’s 2024 Global Company of the Year Award for Delivering Reliable and Flexible Hybrid Cloud Management Solutions

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Broadcom’s VMware software leads the industry with its innovative approach to hybrid cloud management, providing businesses with unparalleled visibility, automation, and control over diverse IT environments.
SAN ANTONIO, April 15, 2024 /PRNewswire/ — Frost & Sullivan recently researched the hybrid cloud management industry and based on its findings, recognizes Broadcom Inc. with the Global Company of the Year Award. This award is based on VMware software which Broadcom acquired in November 2023.

VMware software unifies and streamlines hybrid cloud environments and accelerates app innovation for the world’s most complex organizations. VMware hybrid cloud management solutions are globally recognized for their comprehensive features and integrations that extend visibility and control to Kubernetes environments and applications. VMware software, however, is unique based on in its integrated support for various infrastructures and its focus on automation to ensure consistent security and governance policies, reduce human error, and maintain budget alignment.
Through its acquisition of VMware, and with its strategic product development and highly innovative approach, Broadcom has solidified its position as a leader in the hybrid cloud management space. The company has solidified its position as a leader in the hybrid cloud management space by offering features not offered by other providers, including support for Kubernetes environments. Its hybrid management platforms support the widest variety of infrastructures and clouds in the market today, and recent enhancements have strengthened its security capabilities.
“Broadcom has earned its leadership position by acquiring VMware’s highly successful hybrid cloud platform. As Broadcom drives VMware’s roadmap for continued enhancements around app-aware infrastructure management comes to fruition, the company will experience continual growth as a market leader,” said Karyn Price, Industry Principal, ICT at Frost & Sullivan.
Recognizing the evolving needs of the global market, VMware successfully integrated new functionality by acquiring companies such as Mesh7 and SaltStack prior to the Broadcom acquisition. Mesh7 brought valuable API management capabilities, enhancing VMware’s service offerings, while SaltStack improved the company’s event-driven automation and security operations. This blend of strategic acquisitions with in-house platform development has allowed the company to offer a versatile solution that addresses a broad spectrum of cloud management demands.
Furthermore, VMware consistently demonstrated an unwavering commitment to organic growth, mainly through enhancing its app-aware infrastructure management capabilities. By consistently developing and updating its product suite, VMware ensured its offerings remained at the forefront of technology, catering to the dynamic needs of businesses undergoing digital transformation. In addition, Broadcom leverages generative artificial intelligence (AI) automation features, showing strategic thinking and leadership in platform growth and evolution. As a result, this commitment to innovation and growth positions VMware software as a key participant in the hybrid cloud management space, and Broadcom is expected to strengthen its market leadership in the next few years.
“With VMware software, Broadcom is one of the few providers that offers integrated support for APAC-based infrastructure providers and boasts the broadest variety of infrastructures supported on its hybrid cloud management platform,” noted Price.
Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence, in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies and the resulting leadership, in terms of customer value and market penetration.
Frost & Sullivan Best Practices Awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.
About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, Mega Trends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.
Contact:
Tarini SinghP: +91- 9953764546E: [email protected] 
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