December 2022 Update
Governments are worried that Oticon Medical and Cochlear merger will lead to higher prices. Would lead to a 90-100% marketshare in UK bone conduction market! Regulatory authorities in UK, Europe and Australia now looking at the deal.
Hearing aids of the future will read lips? Learning algorithms correctly interpreted data up to 95 percent of the time for unmasked lips, and 80 percent for masked!
Wanna get away? New Zealand is currently dealing with an Audiologist shortage.
Two Audiologists launch online sales training program.
Will these OTC manufacturers make any money? Another quarter of losses for Eargo. So far in 2022, they have 24M in revenue, yet their cost of goods and total expenses are 112M!
Cha-ching! Global hearing aid market expected to almost double during this decade.
Audiology practices now getting smartphone apps for their patients.
Walmart is officially getting into the OTC hearing aid game. Lexie, Lucid and GoHearing brands dominating the placements right now.
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