BIHIMA has released Q3 data on hearing technology market figures showing that the UK has remained level while the Irish market has experienced small but impactful growth.
- UK market remains flat for hearing technology from Q2 to Q3
- Irish market experiences a market product growth of 6.5%
- UK continues to lead on the purchase of sustainable, rechargeable hearing technology
Following a turbulent transition post pandemic, the UK market for hearing instruments has flattened out throughout Q3, according to the latest data released by BIHIMA – the British Irish Hearing Instrument Manufacturers Association. The Irish market, on the other hand, has experienced a steady quarter of growth.
The Irish hearing market has grown by 1,571 units – an impressive 6.5% since Q2 2022. It was also up 4.8% since Q3 2021. When asked about this period of growth, Paul Surridge, BIHIMA Chairman, said: “The Irish economy is working at a different pace than in the UK. We’ve seen a steady record of growth there since we came out of COVID restrictions, and we weren’t surprised to see the difference in the data. I hope to see the UK market catch up as we move towards the end of the year.”
Like previous quarters, the UK has led the way on more sustainable hearing technologies. The private market rose from 69.8% to 76.4% of rechargeable products, whereas the Irish market experienced a small drop from 41.1% to 41%. In the UK, NHS purchases of rechargeable hearing instruments did, however, decrease from 3.4% to 1.9%.
“It’s very encouraging to see the sale of rechargeable hearing technology steadily increasing in the private sector quarter on quarter. While we appreciate that the Irish market and the NHS have experienced a drop this quarter, the numbers are still strong and very promising,” said Paul.
As a voice for hearing technology, BIHIMA regularly monitors the market and releases the results of its members every quarter. To keep up to date with the latest hearing instrument market information sign up to receive BIHIMA’s quarterly results here.
