BASINGSTOKE, England, May 5 (Bernama-BUSINESS WIRE) — A new study by Juniper Research has found hearables shipments will exceed 200 million units by 2024, up from 165 million in 2022; representing total growth of 30% over the next two years.
The report identified assistive and healthcare-focused hearables segments, typified by Nuheara’s IQbuds and Bose’s SoundControl Hearing Aids, as key to this growth. These devices facilitate proactive management of hearing loss and other medical conditions; enabling long-term care cost savings compared to traditional therapies. As such, it anticipates that these segments will comprise 18% of hearables’ shipments by 2024, compared to 12% in 2021.