Hearables’ Shipments to Exceed 200 Million Globally by 2024, Juniper Research Predicts

A new study by Juniper Research has found that 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 market research firm sees assistive and healthcare-focused hearables segments — typified by Nuheara’s IQbuds and Bose’s SoundControl Hearing Aids — are key to this growth; comprising 18% of hearables shipments by 2024, compared to 12% in 2021.

The U.S. Food and Drug Administration (FDA) allowed marketing of a new device, the Bose Hearing Aid, intended to amplify sounds for individuals 18 years or older with perceived mild to moderate hearing impairment (hearing loss). This is the first hearing aid authorized for marketing by the FDA that enables users to fit, program and control the hearing aid on their own, without assistance from a health care provider.