According to WHO estimates, more than 466 million people suffer debilitating hearing loss, with ear infections being the most common cause. Adults (242 million males and 190 million females) account for over 432 million (93 percent of the population), while children account for 34 million (7 percent). Disabling hearing loss affects around a third of the population over the age of 65. These developments are expected to boost demand for otoscopes, which are commonly used to diagnose ear problems. According to the United States Centers for Disease Control and Prevention (CDC), approximately 15% of Americans (over 50 million people) suffer from tinnitus. This will increase the demand for otic drugs in the market.
