The emerging Asia-Pacific markets for hearing aids and audiology devices were valued at over $852 million in 2012.The total market for hearing devices comprised the wholesale and retail markets for hearing aids, as well as the cochlear implant markets, in India and China. Both India and China are rapidly developing countries, as well as the world’s two largest countries by population. Both population size and strong economic development are strong growth drivers in these markets.The hearing aid usage penetration rate in the emerging markets region is very low, by the standards set by the U.S. and Western Europe. Low penetration rates, fast developing economies and health care se...
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