Market

The UK's Coronvirus Business Interruption Loan Scheme

 

crisis loans

©Gwengoat - iStock

As part of measures to compensate domestic businesses affected by coronavirus strategies, the UK government has fast-tracked its loan proposal for businesses.

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AAA 2020 Conference officially cancelled

 

coronavirus

© AAA

Disruption caused by the spread of coronavirus now includes the official cancellation of the 2020 American Academy of Audiology Conference and HearTech Expo. The AAA's Board of Directors unanimously called off the event on Wednesday, March 11. 

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Advanced Bionics recalls cochlear implant devices following reports of decreased performance

 

CI market

© Sonova

In what it has called "an abundance of caution", Sonova's US  Advanced Bionics (AB) brand has retrieved a limited number of its unimplanted HiRes Ultra and Ultra 3D cochlear implants (CIs), replacing them with a new, recently approved version of the device.

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Coronavirus fears begin to hit hearing device market

 

market fears

© Stockcrafter - iStock

As fear and panic over a potential coronavirus pandemic send share values into free fall generally, the Australian cochlear implant producer, Cochlear, has blamed the health scare for having to cut its full-year profit forecast.

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InnerScope looks to private investment to fund its "disruption" of the US hearing aid market

 

retail

© RiverNorthPhotography - iStock

InnerScope Hearing Technologies' promised over-the-counter onslaught on the US hearing aid market requires a $15m investment which, says the company, will be found from private placement offerings.

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Survey shows US growth for rechargeable hearing aids

 

surveys

© AndreyPopov - iStock

A small survey it may be, with completed forms from just 225 audiologists, but almost 70% of respondents in the 2020 Audiology Professional Dispensing Survey agreed with the statement that they dispensed “significantly more” rechargeable hearing aids in 2019 than in 2018.

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EuroTrak hearing loss market survey to add data from Spain

 

market data

© Mercedes Rancaño Otero - iStock

For the first time, the multi-country hearing loss survey, EuroTrak, is to include data from one of the major markets so far absent from this vital information haul: Spain.

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Audacious Boots team-up tailors mobile calls to hearing profiles

 

mobiles

© humonia - iStock

Sound processing technology has been developed in the UK to help hearing loss sufferers cope with mobile phone calls, using a service delivered by the mobile network Audacious through the giant retailer and pharmacy chain, Boots.

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Starkey's Las Vegas Expo underlines "seismic shift in the hearing industry"

 

events

© Starkey. Bill Austin greets the Starkey faithful

Offering professionals a first glimpse of its soon-to-be launched Livio Edge AI hearing aid, Starkey held its own business and tech show this month in Las Vegas. The key words, of course, were "artificial intelligence" (AI) and "healthable".

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Can the audiology business future be predicted from market survey data?

 

surveys

© Raúl García-Medina

Market surveys such as EuroTrak and the long-running MarkeTrak offer up plenty of data, but does it really provide any clues to the future of the audiology business? Raúl García-Medina, new VP of the British Society of Hearing Aid Audiologists (BSHAA), says the data is invaluable but prediction calls for all the tools of the digital revolution.

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