MVP Launches “Pipeline” Feature to Project Future Hearing Aid Sales
The MVP Pipeline feature is designed to transform schedule data into predictive insights about future hearing aid sales.
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Search Results for: Hearing aid sales
EHIMA Reports Growth in Hearing Aid Sales in 2024
The European Hearing Instrument Manufacturers Association (EHIMA) has announced the consolidated sales figures of its member companies for the year 2024.
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Economic Headwinds Flatten Hearing Aid Sales in 2022
US hearing aid sales increased nominally by 0.8% to 4.77 million units in 2022, compared to the post-pandemic year of 2021, when sales surged by 37%, according to the Hearing Industries Association (HIA).
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EHIMA Shows Increase in Global Hearing Aid Sales
After a noticeable drop of hearing aid sales in the year 2020, global annual sales rebounded, in 2021, according to an announcement from the European Hearing Instrument Manufacturers Association (EHIMA). In the last year, the members of EHIMA sold 18.79 million hearing aids in total. Compared to the previous year, sales figures increased by a full 33%, according to EHIMA. This marks a return to the growth path seen before 2020.
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Hearing Aid Sales Continue to Reflect Pent-up Demand in Q1 2022
In the first quarter of 2022, hearing aid unit sales increased by 18.4% at the VA and by 5.7% for the private-practice and commercial market. In total, hearing aid sales increased by 7.8% compared to the same period last year when the market first started posting positive sales numbers following the Covid-19 pandemic.
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Hearing Aid Sales Increase by 37% in 2021
The US hearing aid market rebounded from a net unit loss of -18% in 2020, which was induced by the pandemic, to a unit increase of 37% in 2021—essentially making what would appear to be a full recovery. In fact, hearing aid sales in 2021 ended up an impressive 12% above pre-pandemic 2019 levels. Pent-up demand is likely to keep fueling hearing aid growth numbers in 2022 for both the private/commercial market and especially the VA.
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US Hearing Aid Sales Roar Back
Even though any comparison of today’s US hearing aid sales to those of 2020 is bound to involve gaudy numbers—recall that total sales fell by more than half (58.6%) in the second quarter of last year due to the pandemic—statistics from the Hearing Industries Association (HIA) confirm a big comeback.
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A March Sales Surge? An Analysis of Seasonal Fluctuations in Hearing Aid Sales
The past year has been anything but typical. However, if long-term hearing aid sales trends are predictive of future dispensing volume, then the statistics suggest we should—right now in March—be arriving at one of the best times of the year for business. And that means trying to make the most of this period while preparing for the better days to come.
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US Hearing Aid Sales Fall by 18% in 2020
According to Hearing Industries Association (HIA) statistics, total net hearing aid sales in 2020 reached 3.47 million units, a decrease of 18.0%, with the private/commercial sector experiencing a decrease of 14.2% and the US Department of Veterans Affairs (VA) a decrease of 34.0%. Here is an analysis of hearing aid sales in 2020, including state-by-state unit losses, and what the future might hold in 2021.
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US Hearing Aid Sales Rebound Strongly in Third Quarter 2020
It may not be a miraculous market recovery for the hearing healthcare field, but it’s still very good. Total US hearing aid net unit sales—while still down by -6.2% in the third quarter —made what can be considered a very strong rebound from the -58.6% thumping experienced from April-June (Q2) due to the COVID-19 pandemic. In particular, statistics generated by HIA show that private/commercial sector hearing aid sales actually increased by 0.5% compared to Q3 of last year.
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US Hearing Aid Sales Fall by 59% in Second Quarter 2020
According to statistics generated by the Hearing Industries Association (HIA), US hearing aid net unit sales decreased by 58.6% in the second quarter of 2020 due to the negative effects of the Covid-19 pandemic and mass shutdowns during March through May.
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EHIMA Reports 6.4% Growth in Global Hearing Aid Sales for 2019
As for the current year, due to effects of the coronavirus pandemic, the entire industry has experienced a significant drop in demand.
Read MoreCovid-19 and Hearing Aid Sales
US hearing aid unit sales dropped off the table after the first week of March. However, even with the “Great Lockdown,” first-quarter US hearing aid unit sales still came in about 1% above the same period last year, according to HIA statistics.
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British and Irish Hearing Aid Sales Up, but Mixed, says BIHIMA
The key finding, according to BIHIMA, is that NHS Q3 unit sales were 12.9% up on Q3 2018 (and 14% year-to-date). Private unit sales, whilst not as strong as previous quarters this year, were up 2.5% on the same period last year, and up 5.9% year to date.
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US Hearing Aid Sales Rise by 4.9% Through Q3 2019
According to statistics generated by the Hearing Industries Association (HIA), Washington, DC, overall hearing aid unit sales through the first three quarters of 2019 have increased by 4.9%, with a 4.2% increase in the commercial sector and a 7.9% increase in the VA.
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