Hearing loss in adults can happen due to several reasons. Whilst age-related or medicinal side effects that cause hearing loss are largely unavoidable, prolonged exposure to high noise levels certainly is. This is where hearing protection devices come into play in protecting against damaging noise levels, which can lead to hear loss.
The global hearing protection devices (HPD) market will be valued at US$1.9 bn by 2021, says a market study carried out by Persistence Market Research. Consistent expansion of the construction sector, along with development of the manufacturing and arms and ammunition industries, holds worthwhile prospects for the growth of this market. In these industries, government mandates to control noise levels and the utilization of hearing protection devices for precautionary reasons are supporting the growth of the global hearing protection devices market.
Other than these, the military sector will account for a significant revenue in the overall market for HPD, says the report. This is because the utilization of next-generation devices to minimize hearing loss incidents at warfronts is stimulating development of the same. Increasing urbanization and developmental activities in many parts of the world have also necessitated the use of HPD for laborers, especially those working on noisy machines. However, inadequate awareness is challenging the growth of this market.
Technological Advancements, Custom-made Devices Spur Sales of HPDs in North America
Owing to the unsurpassed technological capabilities of medical aid devices in the region, North America is the largest market for hearing protection devices. The region is expected to hold more than 34.4% of the global market by the end of 2015. The consistent development spree in the region is due to custom-made hearing protection devices, shift of technology towards ear plugs integrated with acoustic filters, rising demand for uniform attenuation earplugs, mergers and acquisitions, and increasing investment in the North American HPD market. These trends are augmenting the market share of regional players in the hearing protection devices industry.
According to a report published by the Centers for Disease Control and Prevention, workers at mining sites are exposed to the highest level of workplace noise over all other industrial sectors. Thus, it is imperative for workers at these sites to use HPDs to curb work-related hearing loss.
Get Sample Report: http://www.persistencemarketresearch.com/samples/3036
The developments that will come to the fore in some other regional markets for HPDs are enumerated as follows:
Asia Pacific will emerge as a significant market for hearing protection devices in the coming years. Rapid industrialization and proliferating construction activities to support this in the developing countries of China, Bangladesh, Indonesia, India, and the Philippines are necessitating the utilization of work-related hazard protection gear. The region held 20.4% of the global market by the end of 2015, which will increase to 20.9% by 2021.
The Middle East and Africa regional segment of the global market for hearing protection devices is currently untapped. With increasing awareness about the utilization of HPDs, global market players will receive numerous growth opportunities to serve this region.