Share this article NEW YORK, May 4, 2021 /PRNewswire/ -- The hearing aid market is poised to grow by USD 2.92 billion, and accelerate at a CAGR of almost 7% during 2021-2025. The market records an incremental growth due to the global rise in the number of patients with hearing loss during the forecast period. Technavio has announced its latest market research report titled Hearing Aid Market by Product and Geography - Forecast and Analysis 2021-2025 Technavio's latest market report estimates include the pre-and post-COVID-19 impact on the hearing aid market. Download FREE Sample Report The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. The growth in the use of binaural hearing aids is one of the major factors propelling the market growth. However, the battery concerns for hearing aids may impede the market growth.