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Audiologists and Audiology Practices

SIC 8049  /  NAICS 621340 

The following guide to industry information, research, and analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.

Select from the following page sections or scroll down the page below for a complete listing of all available resources:

Industry Overview, Issues, Trends, and Outlook

Financial Information and Financial Ratios

Compensation and Salary Surveys

Business Valuation Resources



For resource guides specific to other industries, see Industry Information Resources which covers over 400 individual industries.



Industry Overview, Issues, Trends, and Outlook


Audiologists
http://www.ibisworld.com
Reports provide in-depth industry analysis and a five-year industry growth forecast, with special focus on the underlying structure and external forces and relationships that affect an industry and its performance. Report sections include:

Sample industry report is available free online.

Academy of Doctors of Audiology
Careers in Audiology
http://www.audiologist.org/ada-students/careers-in-audiology
Career section provides an overview of audiology profession and includes information on career opportunities and educational requirements, with links to additional resources for parties interested in pursuing this career. All information is available free online.

ADVANCE for Hearing Practice Management
All About Audiology
http://audiology.advanceweb.com/Article/All-About-Audiology.aspx
Trade journal features news and information for audiology professionals, with topics covered including management, operations, finance, marketing, and more. "All About Audiology" article provides an overview of the profession and includes links to additional information resources. Current and prior issues can be viewed free online.

Audiology Online
Audiology Online Articles - Practice Management
http://www.audiologyonline.com/articles/index.asp
Select "Practice Management/Marketing/Business Issues" from "View By Topic"
Articles included in this section cover a variety of topics including including practice management, finance, marketing, patient relations, buying and selling a practice, and more. All articles are available free online.

American Speech-Language-Hearing Association
Audiology Survey
http://www.asha.org/research/memberdata/AudiologySurvey.htm
Comprehensive survey provides detailed information on employment and working conditions, practitioner demographics, services provided, private practice characteristics, and more. Survey summary and individual reports can be viewed free online.

Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook - Audiologists
http://www.bls.gov/audiologists.htm
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is available free online.

Industry Market Research Reports
Audiologists
http://www.marketresearch.com  Search for specific term or keywords
In-depth business market research reports include information on market size and market segmentation; marketing strategy; product and market forecasts; business trends, risks, and opportunities; key participant profiles; market share data; and more. Summary abstract and detailed table of contents for each market research report is accessible free online.

Industry Market Analysis Reports
Audiologists
http://www.bizminer.com  Search for "621340"
Industry statistics for audiology practices include industry sales and sales trends, market size and market share by sales class, average company sales and sales per employee, staffing and employment trends, business start up activity and failure rates, and other business statistics on a national, state, and metropolitan area level. Sample market analysis reports can be viewed free online.

More Industry Research and Analysis
For more business research and analysis available from Standard & Poor's, Freedonia Group, Euromonitor, and other sources—including key business statistics, market research and analysis, and business trends and forecasts for a wide range of industries, see Industry Overview, Issues, Trends, and Outlook.




Financial Information and Financial Ratios


Industry Financial Ratios
Audiologists
http://www.bizminer.com  Search for "621340"
Five-year comparative financial statement analysis includes income statements with expense detail, balance sheets, cash flow statements, and key business and financial ratios for audiology practices. Reports are available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports with detailed financial ratio analysis can be viewed free online.

More Industry Financial Analysis
For more business financial information and analysis available from Integra Information, RMA Annual Financial Statement Studies, and other sources—including financial statements, financial ratios, and other key performance indicators and benchmarks for a wide range of industries, see Industry Financial Information and Financial Ratios.





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Compensation and Salary Surveys


American Speech-Language-Hearing Association
Salary Survey Data
http://www.asha.org/Careers/SalaryData/
Annual wage and salary surveys for audiologists include compensation data broken out by employment function, employment setting, education, experience, geographic region, and more. Current and prior year surveys are accessible free online.

ADVANCE for Hearing Practice Management
Salary Survey
http://audiology.advanceweb.com  Search for "salary survey"
Annual salary survey provides compensation data for audiologists by job title, gender, education, experience, employment setting, and geographic region. Current and prior year surveys can be viewed free online.

Bureau of Labor Statistics, U.S. Department of Labor
Occupational Outlook Handbook - Audiologists
http://www.bls.gov/audiologists.htm
Information provided includes a description of the nature of the work, number and types of jobs, education and training, wages and earnings, employment outlook, and sources for additional information. All information is available free online.

Officer Compensation Expense
See "BizMiner Industry Financial Ratios" above for report including this data.
Five-year comparative financial analysis details officer compensation expense in both dollars and as a percentage of sales. Available by sales size range, and also in small business, sole proprietor, and business start up versions. Sample financial reports can be viewed free online.

More Compensation and Salary Data
For more compensation and salary survey data available from ERI Economic Research Institute, PayScale, Salary.com, and other sources—including average salary, salary range, incentive compensation, and employee benefits information for a wide range of jobs and industries, see Compensation and Salary Surveys.





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Business Valuation Resources


BVMarketData
Private Company Sales Transactions Databases
Pratt's Stats®  http://www.bvmarketdata.com/PSAdvSearch.asp
BIZCOMPS®  http://www.bvmarketdata.com/BIZAdvSearch.asp
Free "Visitor Search" allows users to search thousands of private company sales transactions by SIC Code, NAICS Code, or business description for comparable business sale transaction data, including revenue, earnings, and EBITDA multiples. Data can be purchased as a single report or by subscription.


More Business Sale Transaction Data
For more business sale transaction data available from BizBuySell®, Done Deals, Mergerstat, Public Stats™, and other sources for a wide range of industries, see Business Valuation Multiples and Merger & Acquisition Transaction Data.




Related Industries:
Doctors, Physicians, and Medical Practices
Nursing Homes and Assisted Living Facilities
Occupational Therapists and Occupational Therapy Practices
Speech Language Pathologists / Speech Therapists

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