US hearing aid sales drop in third quarter of 2008
Hearing Industries Association has released its quarterly statistical report of U.S. hearing instrument sales for the third quarter of 2008. Based on this survey of 21 member companies, the commercial (non-Veteran’s Administration) market was down 16,345 units from the previous quarter, and down 3% when compared to the same period. VA dispensing activity continued to increase, with a 9% increase Q3 2008 over Q3 2007. Instruments sold to the VA accounted for 16% of the market this quarter. Overall, these numbers totalled a 1.23% decrease overall for the combined U.S. hearing instrument market for Q3 2008 as compared to Q3 2007, with 615,593 instruments reported as sold.
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