Key players are focusing on inorganic strategies to enhance and expand their product portfolio, which is expected to propel growth of the global hearing protection devices market
Increasing demand for hearing protection devices has influenced major players to expand their product portfolios by adopting inorganic growth strategies such as mergers and acquisitions with other firms to expand their offerings. For instance, in December 2018, Amplifon acquired GAES, a privately-owned specialty hearing care retailer. This acquisition helped Amplifon to expand its presence in the global hearing care retail market.
Key Players
Key companies covered as a part of this study include 3M, Starkey Laboratories India Pvt. Ltd, Honeywell International Inc., Hellberg Safety Ab, Amplifon., Dynamic Ear Company, Centurion Safety Products Ltd., Sonomax Technologies Inc., Siemens Healthcare GmbH, ADCO Hearing Products Inc., Elvex Corporation and Moldex-Metric Inc.
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