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Global Audiology Devices Market Report to 2030 - Availability of a Wide Range of Audiology Devices is Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, August 19, 2022 - 12:58pm

The "Audiology Devices Market By Type, By Disease Type, By End-Use, and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Audiology Devices Market By Type, By Disease Type, By End-Use, and By Region Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.
  • The global audiology devices market size is expected to reach USD 17.43 Billion in 2030 and register a revenue CAGR of 5.3% over the forecast period, according to latest report.
  • Key factors driving market revenue growth are the increase in geriatric population, and the rising incidences of hearing loss.
  • This is one of the major factors driving the growth of the audiology devices market.

Eargo Supports Over-the-Counter Hearing Aid Final Ruling

Retrieved on: 
Wednesday, August 17, 2022 - 9:01pm

For example, we believe Eargo hearing aids currently on the market are within the FDAs output and insertion depth limit requirements.

Key Points: 
  • For example, we believe Eargo hearing aids currently on the market are within the FDAs output and insertion depth limit requirements.
  • We believe our Eargo hearing aids are the first virtually invisible, rechargeable, completely-in-canal, FDA-regulated, Class I or Class II exempt devices indicated to compensate for mild to moderate hearing loss.
  • Consumers can purchase Eargo hearing aids online or over the phone and get personalized and convenient consultation and support from hearing professionals via phone, text, email or video chat.
  • Eargo hearing aids are offered to consumers at approximately half the cost of competing hearing aids purchased through traditional channels in the United States.

AUDICUS, ONLINE HEARING HEALTH COMPANY FOUNDED ON THE MISSION OF PROVIDING AFFORDABLE AND ACCESSIBLE HEARING AIDS, SAYS FDA RULE WILL CONTINUE TO FUEL INNOVATION IN THE SPACE

Retrieved on: 
Wednesday, August 17, 2022 - 8:34pm

"It's no secret the hearing industry has been in need of a shakeup for a long time," Patrick Freuler, CEO of Audicus.

Key Points: 
  • "It's no secret the hearing industry has been in need of a shakeup for a long time," Patrick Freuler, CEO of Audicus.
  • "We set out on the mission of making hearing care affordable and accessible for all over a decade ago.
  • "We're excited to keep breaking down these barriers and to continue our record of innovation in the space," Freuler continued.
  • Audicus offers award-winning, affordable hearing aids online, at a fraction of the cost of traditional audiologists.

ASHA Welcomes Final FDA Regulations for OTC Hearing Aids

Retrieved on: 
Wednesday, August 17, 2022 - 11:00am

ROCKVILLE, Md., Aug. 17, 2022 /PRNewswire-PRWeb/ -- With the U.S. Food and Drug Administration's (FDA) final rule for over-the-counter (OTC) hearing aids now available, the American Speech-Language-Hearing Association (ASHA) is praising the agency for the landmark regulations intended to ensure the safety and effectiveness of this new class of direct-to-consumer medical devices.

Key Points: 
  • ASHA stresses thatalthough many people will be helped by OTC hearing aidsfor others, a device alone will not be the most effective solution.
  • ASHA submitted comments to the agency on its draft regulations for OTC hearing aids in January 2022.
  • The Association emphasized the need for safetyand strongly recommended that consumers obtain a hearing assessment before purchasing an OTC hearing aid.
  • These professionals likely will be fielding the most questions on OTC hearing aids from people concerned with their hearing.

Auditory Insight Urges Hearing Health Executives to Size OTC Market Now

Retrieved on: 
Tuesday, August 16, 2022 - 6:58pm

NEW HAVEN, Conn., Aug. 16, 2022 /PRNewswire/ -- Auditory Insight, a leading consultancy for the hearing healthcare industry, has created a proprietary process for calculating the OTC hearing aid market size. Developing addressable market size has new urgency now that the FDA has released a final rule for a new OTC hearing aid category. The final rule contains the product specifications required to size the market.

Key Points: 
  • With FDA final rule issued today, actionable market insight helps executives make appropriate investment decisions
    NEW HAVEN, Conn., Aug. 16, 2022 /PRNewswire/ -- Auditory Insight , a leading consultancy for the hearing healthcare industry, has created a proprietary process for calculating the OTC hearing aid market size.
  • Developing addressable market size has new urgency now that the FDA has released a final rule for a new OTC hearing aid category.
  • "Executives frequently want to know the OTC hearing aid market size.
  • Auditory Insight developed a six-step proprietary process to calculate market size for new categories in hearing healthcare:
    Summarize prevalence and number of people with hearing loss, by segment
    Outline penetration of hearing interventions, by segment
    Auditory Insight has conducted this process with clients in multiple hearing healthcare sectors, including cochlear implants, drug therapies, and direct-to-consumer hearing aids.

InnerScope Hearing Technologies (OTC: INND) Announces FDA Has Released The Final Rule For OTC Hearing Aids 

Retrieved on: 
Tuesday, August 16, 2022 - 5:18pm

InnerScope plans to register its hearing aid products, which include its HearingAssist and iHear branded hearing aid products, as OTC Hearing Aids in compliance with the FDA's Final Rule ("InnerScope's OTC Hearing Aid Products") and will be offered to its current and future Network of Wholesale Retailers to be sold in-store right off the shelf and online through each retailers' website.

Key Points: 
  • InnerScope plans to register its hearing aid products, which include its HearingAssist and iHear branded hearing aid products, as OTC Hearing Aids in compliance with the FDA's Final Rule ("InnerScope's OTC Hearing Aid Products") and will be offered to its current and future Network of Wholesale Retailers to be sold in-store right off the shelf and online through each retailers' website.
  • The OTC Hearing Aids are expected to cost between $500 to $1,500 for a pair of hearing aids.
  • InnerScope Hearing Technologies Inc. is a leading Direct-to-Consumer (DTC) manufacturer and distributor of FDA-registered hearing aids, hearing assistive devices, hearing health-related products, and Personal Sound Amplifier Products (PSAPs) ("Hearing Products") dedicated to addressing the global demand for affordable hearing solutions.
  • For information related to InnerScope Hearing Technologies' latest hearing aids and related hearing products, please visit:

New class of hearing aids will soon be available directly to consumers without a prescription

Retrieved on: 
Tuesday, August 16, 2022 - 5:55pm

ROCKVILLE, Md., Aug. 16, 2022 /PRNewswire/ -- Millions of American adults with mild to moderate hearing loss will soon have more choices in hearing aids, and the ability to get them without seeing a doctor or hearing care professional first. The Hearing Loss Association of America (HLAA) – the leading voice for the growing number of Americans with hearing loss – calls the step a win for millions of adults who have hearing loss and may have been waiting to get the help they need.

Key Points: 
  • HLAA is providing free resources available for anyone considering over-the-counter hearing aids at hearingloss.org/OTC.
  • The FDA on August 16 issued the final rule for how over-the-counter hearing aids will be sold to consumers, and devices are expected to be available within the coming months.
  • "We are hopeful that over-the-counter options will inspire some to take a first step to treat their hearing loss sooner.
  • Walk4Hearing events raise awareness and funds in cities across the country and offer support to families dealing with hearing loss.

Beltone announces launch of two new hearing aids as part of continued dedication to patient care & support to its independent network of owners

Retrieved on: 
Tuesday, August 16, 2022 - 11:00am

GLENVIEW, Ill., Aug. 16, 2022 /PRNewswire/ -- Beltone, named America's #1 Hearing Care Retailer by Newsweek, debuted two new hearing aids today, Beltone Achieve and Beltone Imagine Custom CIC. These hearing aids were designed and engineered with advanced hearing technology to offer more benefits to users so hearing loss doesn't have to slow them down.

Key Points: 
  • These hearing aids were designed and engineered with advanced hearing technology to offer more benefits to users so hearing loss doesn't have to slow them down.
  • For more than 80 years, Beltone has been one of the nation's most trusted and leading hearing care provider.
  • Our Beltone hearing care professionals receive extensive training and education, so they are always equipped with the latest knowledge to bring you the best care.
  • Apple, the Apple logo, iPhone, iPad, and iPod touch are trademarks of Apple Inc., registered in the U.S. and other countries.

GN launches new technology platform to address the No.1 hearing aid challenge: hearing speech in noise

Retrieved on: 
Tuesday, August 16, 2022 - 8:00am

GN Hearing, the global leader in hearing aid innovation, today announces the launch of ReSound OMNIA a new hearing aid platform that will set a new standard in hearing technology and improve how people interact with the world around them.

Key Points: 
  • GN Hearing, the global leader in hearing aid innovation, today announces the launch of ReSound OMNIA a new hearing aid platform that will set a new standard in hearing technology and improve how people interact with the world around them.
  • ReSound OMNIA provides significantly better hearing in noisy environments than any previous ReSound hearing aid.
  • View the full release here: https://www.businesswire.com/news/home/20220816005068/en/
    GN launches new technology platform to address the No.1 hearing aid challenge: hearing speech in noise (Photo: Business Wire)
    Despite advances in hearing aid technology over the last 10 years, hearing speech in noisy environments is still a challenge for people with hearing loss.
  • At GN Hearing, we know that hearing in noise and hearing aid comfort are both critically important to hearing aid users, says GN Hearing CEO, Gitte Aabo.

Arlington Resources Celebrates 25 Years as Specialists in Human Resources Talent Acquisition and Staffing

Retrieved on: 
Monday, August 15, 2022 - 9:30pm

SCHAUMBURG, Ill., Aug. 15, 2022 /PRNewswire-PRWeb/ -- Arlington Resources, an industry leader in the recruitment of Human Resources Professionals for direct hire and contract placements, marks its 25th anniversary year. Founded on August 14 in 1997 by Patricia Casey as a Chicago-based, "boutique style" talent acquisition and staffing firm for Human Resources professionals, the company has worked with thousands of companies and job candidates over the years. Throughout 25 years in business, quite a bit has changed, including workforce fluctuations, recruiting technologies and employment law. One thing has remained constant since Arlington Resources' inception: helping people connect with its service-oriented approach and work environment where employees care for each other and the community at large.

Key Points: 
  • SCHAUMBURG, Ill., Aug. 15, 2022 /PRNewswire-PRWeb/ -- Arlington Resources , an industry leader in the recruitment of Human Resources Professionals for direct hire and contract placements, marks its 25th anniversary year.
  • Founded on August 14 in 1997 by Patricia Casey as a Chicago-based, "boutique style" talent acquisition and staffing firm for Human Resources professionals, the company has worked with thousands of companies and job candidates over the years.
  • The company offers a "boutique-style" approach to recruiting, talent selection and staffing of Human Resources Professionals to the greater Chicago area.
  • Some of the organizations our team participates in include: Society of Human Resources Management, the Human Resources Management Association of Chicago, Chicago SHRM, the Northwest Human Resources Council, the Illinois Search and Staffing Association, and the National Association of Personnel Services.