Coherent Market Insights

U.S. Hearing Protection Devices Market to Surpass US$ 1,078.9 Mn by 2030

U.S. Hearing Protection Devices Market to Surpass US$ 1,078.9 Mn by 2030 - Coherent Market Insights

Publish In: Aug 02, 2023

U.S. Hearing Protection Devices Market, By Product Type (Earplugs, Earmuffs, Hearing Bands, Uniform Attenuation Earplugs, Canal Caps, and Connected Devices), By Protection Type (Enclosure, Aural Insert, Super-aural, and Circumaural) and By End User (Healthcare, Mining, Military, Manufacturing, Construction, and Others) is estimated to be valued at US$ 544.0 Million in 2023, and is expected to exhibit a CAGR of 10.3% during the forecast period (2023-2030), as highlighted in a new report published by Coherent Market Insights.

The key market players are focusing on adopting growth strategies such as acquisition as partnership, and increasing technological advancements activities by market players are expected to drive the U.S. hearing protection devices market growth during the forecast period. For instance, in June 2022, Reviv3 Procare Company, a global e-commerce brand in the hair and skincare products industry, announced that it had successfully completed the previously announced acquisition of substantially all assets of AXIL & Associated Brands, a provider of hearing protection and enhancement products.

U.S. Hearing Protection Devices Market– Impact of Coronavirus (COVID-19) Pandemic

The World Health Organization (WHO) designated the illness caused by the Severe Acute Respiratory Syndrome Coronavirus 2 (SARS-CoV-2), which first appeared in Wuhan (province of Hubei, China), in the last months of 2019, as "coronavirus disease 2019" or COVID-19. This virus spread quickly, and had a serious negative impact on the economies, social behaviors, and healthcare of every country in the world.

COVID-19 affected the economy in three main ways: by directly affecting production and demand, by creating disruptions in distribution channels, and through its financial impact on firms and financial markets. Due to the lockdown, several countries such as India, China, Brazil, and others faced problems regarding transportation of drugs from one place to another.

COVID-19 had a negative impact on the U.S. hearing protection devices market owing to the cancellation of various construction, mining, manufacturing activities, and postponement of several public events. For instance, in April 2022, according to an article published by International Archives of Occupational and Environmental Health Journal, there had been decrease in the manufacturing of the hearing protection devices due to the decrease in the supply of hearing protection devices due to the COVID-19 outbreak.

U.S. Hearing Protection Devices Market: Key Developments

In April 2020, McKeon Products, Inc., a company that provides ear care products, announced the launch of Mack's Flightguard Airplane Pressure Relief Earplugs, a product that is designed specifically for hectic travel to provide flyers with a better, more comfortable flight experience. Developed by hearing protection specialists, its performance has been proven by independent engineering assessments and extensive consumer testing.

In October 2022, Lucid Hearing Holding Company, LLC., a global provider of advanced hearing technology and audio solutions, launched its over-the-counter (OTC) hearing aids to consumers in the U.S Market.

In December 2020, Demant A/S, a brand licensee of Philips, announced the launch of the next generation of Philips hearing aids. The new Philips HearLink hearing aids with AI sound technology elevate speech understanding to a new level, and with clear speech, engaging in conversations is easier and more enjoyable. The new Philips HearLink hearing aids with AI sound technology embrace a significant change in hearing aid technology to help make the connections with friends, all generations of family, and colleagues, which are essential for living positively and actively.

Browse 32 Market Data Tables and 22 Figures spread through 180 Pages and in-depth TOC on “U.S. Hearing Protection Devices Market”- Forecast to 2030, U.S. Hearing Protection Devices Market, By Product Type (Earplugs, Earmuffs, Hearing Bands, Uniform Attenuation Earplugs, Canal Caps, and Connected Devices), By Protection Type (Enclosure, Aural Insert, Super-aural, and Circumaural) and By End User (Healthcare, Mining, Military, Manufacturing, Construction, and Others)

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/us-hearing-protection-devices-market-4201

Key Takeaways of the U.S. Hearing Protection Devices Market:

  • The U.S. hearing protection devices market is expected to exhibit a CAGR of 10.3% during the forecast period
  • Among protection type, the circumaural segment is expected to dominate the S. hearing protection devices market over the forecast period because using earplugs to block out noise gives soldiers an advantage in combat. As per the U.S Department of Veteran’s Affair, in 2020, hearing loss, tinnitus, and other impairments are common service-connected disabilities for army personnel. For instance, in September 2022, Sony Group Corporation, a Japan-based multinational conglomerate corporation, announced development of its first over-the-counter hearing aid for the U.S. market.
  • Major players operating in the U.S. hearing protection devices market include 3M, Honeywell International Inc., ProtectEar USA, LLC., PROTECH USA, David Clark Company, MSA, Moldex-Metric, DEWALT, Miracle-Ear, SoundGear, McKeon Products, Inc., Walker, and Altus Brands.

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