Audiologists & Hearing Aid Clinics – Industry Analysis, Statistics, Trends, and Forecasts

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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 Market Analysis Reports
Audiologist / Hearing Aid Stores
https://www.bizminer.com  Search for "621340" and "446199" to see available reports

Market analysis reports provide 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.

Financial Statements and Financial Ratios

https://www.bizminer.com  Search for "621340" and "446199" to see available reports

• 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

(see links for individual reports)  (sample spreadsheet)

Financial benchmarks section provides detailed comparative income statements and balance sheets and over twenty-five industry financial ratios, with financial benchmarks available for each of the five most recent fiscal years and on a historical average basis for three-year, five-year, and ten-year time periods. Sample spreadsheet that includes breakdowns by total asset size can be viewed free online.

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.

BV Guides and Databases

BVMarketData
Private Company Sales Transaction Databases
https://www.bvresources.com/

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