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.
See the following page sections listed below to view available resources:
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Industry Analysis, Trends, Statistics, and Forecasts
Comprehensive research reports provide in-depth industry analysis and five-year growth forecasts, with
special focus on the underlying structure and external forces and relationships that affect industries
and their performance. Topics addressed in the reports include:
- Market size, product segments, and major markets
- Key statistics, market trends, and external drivers
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and revenue forecast
Academy of Doctors of Audiology
Audiology Practices
http://www.audiologypractices.org/
Quarterly professional journal features news and information for audiologists and other hearing professionals,
with topics covered in each issue including business, marketing, professional issues, diagnosis and treatment,
advocacy, and technology. Selected feature articles categorized by topic are available online with registration.
American Speech-Language-Hearing Association
Audiology Survey
http://www.asha.org/research/
Comprehensive biennial report provides detailed information on practitioner demographics, employment, working
conditions, salaries and hourly wages, supervision, continuing education, and cultural diversity. Summary
report and individual reports covering specific topics from the survey are available online.
Allied Media, LLC
The Hearing Review
http://www.hearingreview.com/
Monthly trade journal features news and information for hearing professionals, with topics covered including
business management, reimbursement, finance, insurance, and warranties, and special features including periodic
practice benchmarking surveys which
allows users to compare their performance with other similar practices. Selected articles categorized by
topic and digital editions of the magazine are available online.
GIA Research
Audiological Devices
https://www.strategyr.com/
Comprehensive report provides in-depth analysis of the audiological devices market in the U.S. and other
countries, with topics covered including product and service overview; market analysis and trends; and historical
and forecast sales volume by product segment (e.g., hearings aids, cochlear implants, and measurement and
testing devices). Summary description and detailed table of contents are available online.
More Resources »
Financial Statements and Financial Ratios
BizMiner
Industry Financial Ratios
Audiologists
https://www.bizminer.com
Search for "621340"
Five-year financial statement analysis includes income statements, balance sheets, and key financial
ratios, with data available by sales size range on a national, state, and metro area level including:
- Income and expenses in dollars and percentages
- Balance sheets in dollars and percentages
- Profitability and return on investment ratios
- Liquidity and working capital ratios
- Asset turnover and efficiency ratios
- Capital structure and debt service ratios
Allied Media, LLC
The Hearing Review
http://www.hearingreview.com/benchmarking
Practice benchmarking surveys allow hearing professionals to compare their firm's financial performance
with other similar firms and the industry as a whole, with measures covered including gross revenue, revenue
sources, profitability, staffing, and professional compensation. All information is available free online.
More Resources »
Compensation and Salary Surveys
American Speech-Language-Hearing Association
Audiology Survey - Annual Salaries / Hourly Wages
http://asha.org/careers/salary-data/
Biennial salary and wage surveys provide compensation data for audiologists broken out by employment facility,
primary employment function, highest degree completed, years of experience, gender, state, population setting,
and geographic region. Current and prior year surveys are accessible free online.
U.S. Bureau of Labor Statistics
Occupational Outlook Handbook - Audiologists
https://www.bls.gov/ooh/
Information provided for this occupational category includes a description of the nature of the work and
the work environment, number and types of jobs, education and training requirements, wages and earnings,
employment outlook, and sources for additional information. All information is available free online.
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Business Valuation Resources
Business Valuation Resources, LLC
DealStats® - Private and Public Company Transaction Data
https://www.bvresources.com/ Select
"Guest Search" to view data by industry
Interactive database provides detailed transaction data for over
38,000 private and public companies sold for prices ranging
from under $250,000 to over $500,000,000, with valuation measures
provided including market value of invested capital as a multiple
of revenue, gross profit, EBIT, EBITDA, SDE, and book value
of invested capital. User guide, free webinar, and sample reports
are available online.
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