Hearing Aid Tech Advances

For a well-established product like the hearing aid, the market is a dynamic one with incredible growth opportunities. âThereâs only about a 20% penetration in the space,â reported Dave Olson, CEO of Elevated Technologies/Elevated Hearing. âA lot of people canât afford hearing aids or think wearing them would be unappealing. But there are a lot of forces at work to make them more appealing and affordable.â The market for these devices is growing about 8%, according to market research firm ResearchAndMarkets, whose estimates predict the global market will reach $9 billion by 2023. Olson spoke recently during the MD&M Minneapolis 2018 panel discussion, â...

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