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Audiological Devices Market to Grow by USD 5.45 Billion from 2024 to 2028, Driven by Rising Hearing Loss Cases and AI’s Influence on Market Trends – Technavio Report

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NEW YORK, Aug. 30, 2024 /PRNewswire/ — Report on how AI is redefining market landscape- The global audiological devices market size is estimated to grow by USD 5.44 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.9% during the forecast period. Increasing prevalence of hearing loss is driving market growth, with a trend towards increasing focus of vendors on new audiological product development. However, high costs associated with audiological devices poses a challenge. Key market players include Amplifon SpA, Audina Hearing Instruments Inc., Bernafon AG, Cochlear Ltd., Demant AS, Earlens Corp., Envoy Medical Corp., GN Store Nord AS, Inventis s.r.l., MAICO Diagnostics GmbH, MED EL Medical Electronics., MedRx Inc., Medtronic, Oticon, RION Co. Ltd., Siemens Healthineers AG, Sonova AG, Starkey Laboratories Inc., WS Audiology AS, and ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Audiological Devices Market Scope

Report Coverage

Details

Base year

2023

Historic period

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 8.9%

Market growth 2024-2028

USD 5445.9 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

7.89

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 35%

Key countries

US, Canada, Germany, UK, China, and India

Key companies profiled

Amplifon SpA, Audina Hearing Instruments Inc., Bernafon AG, Cochlear Ltd., Demant AS, Earlens Corp., Envoy Medical Corp., GN Store Nord AS, Inventis s.r.l., MAICO Diagnostics GmbH, MED EL Medical Electronics., MedRx Inc., Medtronic, Oticon, RION Co. Ltd., Siemens Healthineers AG, Sonova AG, Starkey Laboratories Inc., WS Audiology AS, and ZHEJIANG NUROTRON BIOTECHNOLOGY CO. LTD.

Market Driver

The Audiological Devices Market refers to the industry that produces and sells hearing aids and other related devices. These devices help individuals with hearing loss to improve their ability to hear. The market is driven by the increasing prevalence of hearing loss, particularly in the aging population, and advancements in technology leading to more effective and discreet devices. Companies in this market include Sonova, William Demant Holding, and Starkey Hearing Technologies. These firms invest in research and development to create innovative products and expand their global reach. The market is expected to grow steadily in the coming years due to the rising awareness of hearing health and the availability of affordable devices. 

The audiological devices market is experiencing significant growth due to the rising prevalence of hearing loss conditions like Meniere’s disease. Hearing aids and cochlear implants remain the primary devices driving market expansion. Digital signal processing, noise reduction, Bluetooth connectivity, and rechargeable batteries are popular features in both hearing aids and cochlear implants. Diagnostic devices, including audiometers, play a crucial role in identifying various types of hearing loss, such as sensorineural, conductive, and mixed. Digital technology dominates the market, with analog devices gradually being phased out. Retail sales and e-commerce are key distribution channels, while government purchases also contribute significantly. Adults and pediatrics are major consumer groups, with audiologists playing a vital role in diagnosing and treating hearing loss. The healthcare system, public health campaigns, early screening programs, and genetic predispositions are essential factors influencing market trends. Environmental noise pollution, occupational hazards, age-related hearing loss (presbycusis), chronic health conditions like diabetes, cardiovascular diseases, and hypertension are significant factors driving demand for audiology devices. Marketing strategies include public awareness campaigns, maintenance services, physical retail locations, social media platforms, online forums, patient evaluations, and treatment options. The market is expected to continue growing due to increasing public awareness, technological advancements, and the rising number of people affected by hearing loss. 

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Market Challenges

The Audiological Devices Market refers to the industry that produces and sells hearing aids and other related devices. These devices help individuals with hearing loss improve their ability to hear. The market is growing due to an aging population and increasing prevalence of hearing loss. Key players include Sonova, William Demant Holding, and GN Store Nord. They offer various types of devices such as behind-the-ear, in-the-ear, and in-the-canal models. The market’s growth is driven by advancements in technology, increasing awareness, and government initiatives to improve access to hearing health services.The audiological devices market faces several challenges in catering to the growing demand for hearing solutions. Key challenges include the complexity of technologies like cochlear implants, audiometers, and digital signal processing. Noise reduction and Bluetooth connectivity are essential features, but rechargeable batteries and waterproof designs are also in high demand. Sensorineural, conductive, and mixed hearing losses require various solutions. Public health campaigns, early screening programs, and addressing genetic predispositions are crucial. Environmental noise pollution, occupational hazards, age-related hearing loss, and chronic health conditions, such as diabetes, cardiovascular diseases, and hypertension, contribute significantly to the market. Digital media, internet access, and public awareness campaigns are essential for reaching potential customers. Maintenance services, physical retail locations, social media platforms, online forums, patient evaluations, and treatment options are essential for customer engagement. Hearing loss affects various age groups, including the geriatric population, who require specialized audiological equipment. Wireless hearing aids, smartphones, televisions, and hearing aid adjustments are popular solutions. Arthritis, heart disease, and clinics are additional market considerations.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This audiological devices market report extensively covers market segmentation by

End-user 1.1 Adults1.2 PediatricsProduct 2.1 Hearing aids2.2 Cochlear implants2.3 BAHA/BAHS2.4 Diagnostic devicesGeography 3.1 North America3.2 Europe3.3 Asia3.4 Rest of World (ROW)

1.1 Adults- The Audiological Devices Market refers to the industry that produces and sells hearing aids and other related devices. These devices help individuals with hearing loss to improve their ability to hear. Key players in this market include Sonova, William Demant Holding, and GN Store Nord. Market growth is driven by an aging population and increasing prevalence of hearing loss. Sales are expected to reach USD11.3 billion by 2026. Companies invest in research and development to introduce new technologies, such as rechargeable batteries and wireless connectivity, to meet consumer demand.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The audiological devices market encompasses a range of products designed to diagnose, treat, and enhance hearing. These devices include hearing aids, such as digital and analog models, and advanced solutions like cochlear implants. Meniere’s disease patients often benefit from hearing aids with digital signal processing, noise reduction, and Bluetooth connectivity. Diagnostic devices like audiometers and bone-anchored hearing systems are essential for identifying and assessing various types of hearing loss, including sensorineural hearing loss. Retail sales of audiological equipment continue to grow, driven by the geriatric population’s increasing need for hearing solutions. The World Health Organization emphasizes the importance of early diagnosis and intervention for hearing loss, making audiology devices a crucial component of the healthcare system. Audiologists play a vital role in fitting, adjusting, and maintaining hearing aids, ensuring optimal performance. Waterproof and wireless hearing devices, as well as those compatible with smartphones and televisions, cater to the modern consumer’s lifestyle needs. Rechargeable batteries and advanced noise reduction technologies further enhance the user experience.

Market Research Overview

Audiological devices, including hearing aids and cochlear implants, play a crucial role in addressing various types of hearing loss such as sensorineural, conductive, and mixed. Meniere’s disease, a condition causing vertigo, tinnitus, and fluctuating hearing loss, is one of the many conditions these devices help manage. Audiometers, a key diagnostic tool, utilize digital signal processing for accurate assessments. Hearing aids come in digital and analog models, catering to adults and pediatrics. Retail sales and e-commerce platforms offer convenience, while government purchases ensure accessibility for those in need. Audiologists, integral to the healthcare system, evaluate and provide treatment options for hearing impairment. Factors like genetic predispositions, environmental noise pollution, occupational hazards, age-related hearing loss, and chronic health conditions contribute to the growing demand for audiological devices. Public health campaigns, early screening programs, and advancements in technology, including rechargeable batteries, Bluetooth connectivity, and digital media integration, continue to drive market growth. Maintenance services are available through physical retail locations and online forums, ensuring optimal performance. Smartphones, televisions, and other devices offer compatibility with hearing aids for enhanced user experience. Hearing aid adjustments cater to individual needs, while hearing rehabilitation programs focus on improving communication skills and overall quality of life. Arthritis, heart disease, diabetes, and other chronic conditions can impact hearing health, further emphasizing the importance of these devices. Clinics and healthcare systems continue to invest in audiological equipment to provide comprehensive care. Waterproof and wireless hearing devices cater to active lifestyles, while public awareness campaigns and patient evaluations promote early intervention and effective treatment.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userAdultsPediatricsProductHearing AidsCochlear ImplantsBAHA/BAHSDiagnostic DevicesGeographyNorth AmericaEuropeAsiaRest Of World (ROW)

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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Huawei ICT Competition 2024-2025 Global Final Concludes: AI Empowers Education Transformation and ICT Talent Development

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SHENZHEN, China, May 24, 2025 /PRNewswire/ — The Closing & Awards Ceremony of the Huawei ICT Competition 2024–2025 Global Final was successfully held today in Shenzhen. In its 9th edition, the event has reached a record-breaking scale this year, attracting over 210,000 students and instructors from more than 2,000 colleges and universities in over 100 countries and regions. Following national and regional competitions, 179 teams from 48 countries and regions made it to the Global Final.

Through intense competition across three major tracks, Practice, Innovation, and Programming, top honors were awarded to 18 outstanding teams from 9 countries: China, Algeria, Brazil, Philippines, Morocco, Nigeria, Serbia, Tanzania, and Singapore.

The Grand Prize winners of the Innovation Competition were teams from the Bulacan State University in the Philippines, Beijing University of Technology in China, Faculty of Technical Sciences Čačak of the University of Kragujevac in Serbia, and the Faculty of Sciences and Techniques of Errachidia – Moulay Ismail University in Morocco.

In the Practice Competition – Network Track, Grand Prizes were awarded to teams from the Shenzhen Institute of Information Technology in China, Instituto Federal do Tocantins in Brazil, Federal University of Technology Minna in Nigeria, and a joint team from Dar es Salaam Institute of Technology, University of Dar es Salaam, and University of Dodoma in Tanzania.

In the Practice Competition – Cloud Track, Grand Prize winners included teams from iACADEMY in the Philippines, University of Batna 2 and the Higher National School of Computer Science Algiers in Algeria, Tianjin University of Technology and Education in China, and Singapore University of Social Sciences.

In the Practice Competition – Computing Track, the Grand Prizes went to teams from Guilin University of Electronic Technology in China, Federal University of Technology Minna in Nigeria, University of Bejaia and Higher National School of Computer Science SBA in Algeria, and Cebu Institute of Technology – University in the Philippines.

The Grand Prize in the Programming Competition was awarded to a team from Shenzhen Polytechnic University in China.

To recognize outstanding contributions beyond technical excellence, the competition also presented special honors. The Women in Tech Award was granted to four all-female teams from Brazil, Saudi Arabia, Germany, and Kenya. The Green Development Award went to a team from Ghana. The Most Valuable Instructor Award recognized 18 distinguished instructors from 10 countries – China, Algeria, Bangladesh, Brazil, Egypt, Indonesia, Iraq, Nigeria, Hungary, and Türkiye – for their contributions to ICT education.

In his opening speech, Ritchie Peng, Director of the ICT Strategy & Business Development Dept at Huawei, mentioned, “To achieve the goal of learning through competition and inspiring innovation through competition, we have continuously evolved the design of competition topics. The Practice Competition aligns with our vision for an Intelligent World 2030 and encourages students to master cloud computing, big data, and AI to drive social progress. The Innovation Competition focuses on green development and digital inclusion, motivating participants to solve real-world challenges in sectors like agriculture, healthcare, and education through ICT.”

As digital transformation is accelerating globally, the demand for skilled professionals in fields such as AI, big data, and cybersecurity continues to grow. However, the shortage of talent in these critical areas is becoming increasingly evident. To help tackle this challenge, the Huawei ICT Competition features multiple tracks — including Practice, Innovation, and Programming — alongside initiatives such as industry-academia collaboration and tailored curriculum development. These efforts aim to equip students with in-demand skills and foster the next-generation tech talent who will stand out in an increasingly intelligent and digital world.

During this year’s competition, Huawei also hosted the AI Accelerating Education Transformation Summit, where experts explored the pivotal role of AI in smart education. In addition, Huawei officially announced the AI Capability of the Huawei ICT Academy Intelligent Platform, making it easier and more efficient for educators and students to use. This marks another step forward in advancing educational digitalization.

For more details about the Huawei ICT Competition, visit us at https://www.huawei.com/minisite/ict-competition-2024-2025-global/en/index.html.

SOURCE Huawei

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Deye Redefines Solar Tech at Intersolar 2025

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Deye showcased its next-gen wireless energy management system, off-grid ESS solution, C&I ESS solutions and utility ESS solutions, drawing strong interest from global partners

MUNICH, May 24, 2025 /PRNewswire/ — At Intersolar Europe, one of the solar industry’s key exhibitions, Deye impressed the crowd with its new-generation Power Conversion System (PCS), smart wireless energy management system, off-grid ESS solutions and C&I ESS solutions. Over three days, the booth drew hundreds of partners and professionals, highlighting how intelligent energy is reshaping the global energy development.

The exhibition featured an indoor hall and an outdoor container zone. Indoors, Deye displayed its HVAC appliances and integrated PV storage solutions for residential, commercial, industrial, and ground power stations. Outdoors, it showcased the Smart Home Micro-Climate Comfort Solution, powered by its household energy storage system and Five Constant System, expanding solar storage application possibilities.

Deye showcased its latest PCS series, featuring <20 ms seamless mode transitions and up to 500 kW independent power paths for uninterrupted on/off-grid and diesel mode operation. Its intelligent EMS enables zero-export control and time-of-use scheduling with color touchscreen and remote cloud management. With up to 98.5% efficiency and 2.5 MW rated power, it suits medium to large-scale commercial and industrial applications.

Another talked-about innovation was Deye’s wireless smart energy management system based on LoRa for smart load control and home automation. Through multi-dimensional logic control such as time, battery SOC and grid state, this system can automatically optimize the power consumption strategy. Moreover, it supports smart home IoT integration, connecting devices like smart EV chargers, wireless CTs, switches, and plugs for remote control via the Deye App.

The newly launched off-grid ESS solution attracted attention for its suitability in remote and microgrid scenarios. Compatible with diesel generators and batteries, it delivers stable power in off-grid or weak-grid environments like deserts. Its IP65 protection level enhances durability and extends operational lifespan, while the integrated LoRa-based smart energy management system further improves performance and monitors in off-grid applications.

In addition, Deye’s C&I ESS series offers a scalable, high-performance solution for diverse business needs. The MS-G215 outdoor system features peak-valley management, anti-back flow protection, intelligent thermal control (<35℃ battery temp), and supports parallel expansion up to 20 units (on/off-grid) or 5 units (backup). The integrated PV-BESS-EV solution (MS-DCC180-2 + MS-LC430) combines solar, storage and fast charging with key advantages including:

Improving system efficiency by 4% and cutting investment by 15%.Supporting flexible 2-8 hour energy storage.Providing 3+3-layer electrical protection against thermal runaway.Achieving efficiency and safety with 180kW ultra-fast charging and up to 4 dual-gun terminals.

For high-capacity energy storage, the utility C&I PV-BESS solution delivers 430 kWh per unit with excellent scalability and active balancing. It ensures optimal battery efficiency and lifespan while adapting to diverse industry requirements, making it ideal for applications across commercial, industrial, and utility sectors.

Beyond the product display, the exhibition marked a milestone in Deye’s global strategy. Its F120 Series ESS earned CEI 0-21 and 0-16 certifications from Kiwa for Italy’s medium-voltage grids, while TÜV Rheinland granted VDE-AR-N 4110 & 4120 certifications to its flagship ESS and 110 kW three-phase inverter. Attendees also experienced Deye’s latest innovations through an immersive VR showcase, which further reinforced its international tech leadership.

With Intersolar Europe 2025 behind it, Deye now looks to global expansion, focusing on technology refinement and deeper global partnerships. “Our vision is clear,” said Deye’s representative. “To empower communities, businesses, and grids with smart, sustainable energy. Intersolar confirmed we’re on the right path- and the world is ready.”

For more information about Deye, visit https://www.deyeinverter.com/ ; https://deyeess.com/

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Edimakor V4.0.0 Launches with AI Singing Photos & AI Animation

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NEW YORK, May 24, 2025 /PRNewswire/ — HitPaw Edimakor, known for its work in smart video editing tools, has announced the official launch of Edimakor V4.0.0. This new version introduces a fresh set of features, including a singing avatar tool, expanded image-to-video templates, upgraded text-to-video capabilities, and more control over background removal. These updates are designed to give users more flexibility and options when building creative content from images, text, and audio.

Edimakor V4.0.0 Key Improvements

AI Singing photo

Upload any image whether it’s a real person, cartoon, animal, or character, and turn it into a singing avatar. The tool supports upload audio, making it suitable for fun projects, education, or creative content.

Image-to-Video Templates
Choose from 80+ ready-made templates designed for different themes and situations.

Update two AI models: model 1 has faster generation speed as well as more stable output; model 2 takes longer to generate and is suitable for complex scenes.

Open correlations, modes, resolutions, and reverse cues to allow the user to change control over the quality of the generated video;

AI Animation
Convert written content into video with five visual styles:

Anime

3D Animation

Comic

Cyberpunk

Clay

Background Removal (Image & Video)

For images: After removing the background, users can apply edge feathering and zooming for a cleaner look.

For video: Two modes are available, Quick Mode for fast edits, and Advanced Mode for more precision. Both modes allow edge feathering and edge scaling.

Subtitle Generator

Adjust subtitle length based on preference.

Apply bilingual subtitle templates with one click.

Choose two-color dynamic subtitle styles.

Set subtitle position anywhere on the screen easily.

Continued Commitment to Practical Tools

Edimakor V4.0.0 reflects a clear effort to build features that respond directly to how people create and edit videos today. Instead of adding tools for the sake of it, each update is designed to solve specific problems, whether it’s making editing faster, improving visual quality, or giving users more control. The goal remains simple: make content creation more accessible, efficient, and adaptable for anyone working with video.

For more information:
https://edimakor.hitpaw.com

Follow Edimakor on social media:
X/Twitter: https://x.com/HitpawEdimakor
YouTube: https://www.youtube.com/@HitPawEdimakorOfficial
Instagram: https://www.instagram.com/edimakor_official

This release was issued through Send2Press® on behalf of the news source. For more information, visit Send2Press Newswire at https://www.send2press.com/.

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SOURCE HitPaw. Co., Ltd

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