Audiologists & Hearing Aid Clinics – Industry Analysis, Statistics, Trends, and Forecasts
See the following sections listed below to view available resources by category:
For guides to other industries, see our index of over 400 industries.
Industry Analysis, Statistics, Trends, and Forecasts
- Market size and major product and service segments
- Key industry statistics, trends, and financial ratios
- Operating conditions and current performance
- Competitive landscape and environment
- Major company profiles and market shares
- Five-year outlook and growth forecasts
American Academy of Audiology
Audiology Today
https://www.audiology.org/
Bimonthly publication features news and information for audiology professionals, with topics covered in various issues of the publication including professional issues, clinical activities, auditory research, practice management, coding, reimbursement, compliance, state issues, licensure and accreditation, and continuing education. Current and prior digital editions of the magazine are available free online.
Academy of Doctors of Audiology
Audiology Practices
http://www.audiologypractices.org/
Quarterly magazine features news and information for audiologists and students who
are or desire to
be independent practitioners, with topics covered in various issues
including business, diagnosis and treatment, marketing, professional issues, and
technology. Selected items from current and archived
issues of the publication are categorized by topic and publication date and can
be viewed free online.
ASHA
Audiology Survey Reports
http://www.asha.org/
Comprehensive biennial reports provide detailed information on the audiology profession, with topics covered on in-depth basis in individual reports including annual salaries, hourly wages, clinical focus patterns, private practice, and practitioner demographics. Current and prior survey reports and trend reports that provide comparative results from three or more prior surveys are all available free online.
Medqor LLC
The Hearing Review
https://www.hearingreview.com
Monthly trade journal features news and information for hearing healthcare professionals, with online article categories and topics including practice management, office services, marketing, patient care, health and wellness, prevention, products, industry news, regulation, research, and events. Selected articles categorized by topic and current and prior editions of the publication are available free online.
Grand View Research
Hearing Aids Market
https://www.grandviewresearch.com/
Comprehensive report provides an in-depth analysis of the market for this product sector on a global and regional basis, with data provided for the U.S. including market size and forecasts in unit volume and sales dollars by type (e.g., in-the-ear, receiver-in-the-ear, behind-the-ear, and canal), technology (e.g., analog, digital), and sales channel (e.g., retail sales, government purchases, and e-commerce).
Allied Market Research
Hearing Care Devices Market
https://www.alliedmarketresearch.com/
Market research report provides a detailed analysis of this sector on a global and regional basis, with data provided in the report including market size and forecast by device (e.g., in-the-ear, behind-the- ear, receiver-in-the-ear, canal, implants), technology (e.g., analog, digital), type of hearing loss (e.g., sensorineural, conductive), and end user (e.g., hospital/clinic, homecare, ambulatory surgery center).
BizMiner
Audiologist / Hearing Aid Store Market Analysis
https://www.bizminer.com Search for "621340" and "446199"
Market analysis report provides industry statistics for a user-defined area on a national, state, county, metro area, or zip code level, with data provided including number of companies, market volume and sales trends, average company sales, sales per employee, staffing and employment trends, average employee wage, and business start up activity and failure rates. Sample report can be viewed online.
For more industry research reports and other resources, see the following resource guide.
Financial Statements and Financial Ratios
Audiologists / Hearing Aid Stores
https://www.bizminer.com Search for "621340" and "446199"
- 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
IBISWorld
Audiologists / Hearing Aid Clinics
(see links for individual reports)
Financial benchmarking section of these reports provides an analysis of industry profit and expenses as a percentage of the most recent year's revenues for audiology practices and clinics that diagnose, manage, and treat hearing, balance, and ear problems, fit and dispense hearing aids, sell warranties, batteries, and accessories, and provide ongoing cleaning and adjustment services for these devices.
Compensation and Salary Surveys
ASHA
Audiology Survey Reports: Annual Salaries / Hourly Wages
https://www.asha.org/
Biennial salary and wage reports provide compensation data for audiologists by primary employment facility (e.g., colleges, hospitals, franchise, nonresidential health care, industry), primary employment function (e.g., clinician, faculty, administrator, sales), highest degree completed, years of experience, gender, population setting, and geographic region. Current and prior reports are available free online.
U.S. Bureau of Labor Statistics
Offices of Audiologists and Physical, Occupational, and Speech Therapists
https://www.bls.gov/oes/
Annual wage survey provides hourly and annual wage data on a national, state, and local area basis for this healthcare sector which includes occupations employed by audiology practices that diagnose, manage, and treat hearing, balance, and ear problems, fit and dispense hearing aids, sell warranties, batteries, and accessories, and provide ongoing cleaning and adjustment services for these devices.
Business Valuation Resources
Physicians and Medical Practices
Nursing Homes and Assisted Living Facilities
Occupational Therapists and Therapy Practices
Speech Language Pathologists
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