Navigation Links
Sounds Good: Hearing Aid Clinics in the US Industry Market Research Report Now Available from IBISWorld
Date:6/17/2013

Los Angeles, CA (PRWEB) June 17, 2013

The Hearing Aid Clinics industry has contracted slightly during the past five years as declines in insurance coverage and consumer income combined with rising hearing aid prices. Following the financial crisis, a number of individuals were left “without private health insurance coverage as unemployment levels rose,” says IBISWorld analyst Austen Sherman. “In addition, disposable income fell, leaving hearing aids as a luxury for a large number of those in need.” As a result, industry revenue declined from 2009 through 2011.

More recently, the Hearing Aid Clinics industry has returned to growth, says Sherman. “Employment levels have improved slightly and federal funding for health insurance programs has expanded in anticipation of healthcare reform.” As a result, IBISWorld estimates industry revenue will rise 3.2% in 2013. Nevertheless, recent performance will be unable to overcome earlier losses, resulting in anticipated revenue decline of 0.2% per year on average to $2.0 billion in 2013.

The past five years have exacerbated a broader trend of consolidation within the industry. The Hearing Aid Clinics industry's largest operators have always looked to purchase small nonemployers to expand their number of storefronts and increase their consumer exposure. Declining revenue even forced some of the industry's largest operators to declare bankruptcy, making them prime targets for acquisitions. For example, a Siemens AG affiliate purchased HearUSA in 2011 after the latter filed bankruptcy. Fortunately for the remaining operators in the industry, the consolidation has
'/>"/>

Source: PRWeb
Copyright©2012 Vocus, Inc.
All rights reserved

Page: 1 2 3

Related medicine news :

1. Soothing sounds during cataract surgery reduces patient anxiety
2. Stressed-Out Women May Be More Sensitive to Sounds
3. Grant awarded to help improve problem-solving skills for deaf and hard-of-hearing students
4. Cone beam CT proves better for visualizing some causes of hearing loss at half the radiation dose
5. ASTRO chairman to testify at CARE Act hearing
6. C-Section Babies May Be More Likely to Fail First Hearing Test
7. Children exposed to HIV in the womb at increased risk for hearing loss
8. HIV Exposure Before Birth May Raise Kids Risk of Hearing Loss
9. New screening test to help people with hearing loss in China
10. Suffering of Thousands Prompts FDA Hearing about Hip Implants
11. Not Enough Data to Advise Routine Hearing Screens for Older People: Experts
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:7/11/2014)... Global enterprises today are shifting towards ... management activities. Managed services offer these global enterprises a ... slowdown resulted into rising operational costs to companies. The ... to be the global market driver for expanding the ... managed services market is estimated to grow from $142.75 ...
(Date:7/11/2014)... 2014 As reported by the ... 7/11/14), a significant number of severe adverse events such ... and even death from the highly-promoted and costly immune-system ... Times report , a regulatory filing revealed that ... patients was almost 14% of prescriptions, up from 9.1% ...
(Date:7/11/2014)... Wash.The largest study of its kind has found ... of advantages over their conventional counterparts, including more ... The study looked at an unprecedented 343 peer-reviewed ... organic and conventional plant-based foods, including fruits, vegetables, ... techniques to quantify differences between organic and non-organic ...
(Date:7/11/2014)... HealthDay Reporter THURSDAY, July ... children from the worldwide scourge of dengue fever was somewhat ... vaccine only prevented dengue fever in 56 percent of the ... it protected more than 88 percent of them from severe ... hospitalization, and sometimes death. "This vaccine has already proven ...
(Date:7/11/2014)... 11, 2014 Ticket Down is ... the Sleep Train Amphitheatre in Wheatland, CA. In ... compare to what the Sleep Train Amphitheatre can do for ... special attractions over the course of its existence and can ... Train Amphitheatre in Wheatland (Sacramento metro area) will host the ...
Breaking Medicine News(10 mins):Health News:North America Managed Services Market Worth $68.65 Billion by 2018 - New Report by MicroMarket Monitor 2Health News:North America Managed Services Market Worth $68.65 Billion by 2018 - New Report by MicroMarket Monitor 3Health News:North America Managed Services Market Worth $68.65 Billion by 2018 - New Report by MicroMarket Monitor 4Health News:Acthar’s Deadly Adverse Events Revealed 2Health News:Acthar’s Deadly Adverse Events Revealed 3Health News:Major study documents nutritional and food safety benefits of organic farming 2Health News:Major study documents nutritional and food safety benefits of organic farming 3Health News:Dengue Fever Vaccine Shows Some Promise in Trial 2Health News:Dengue Fever Vaccine Shows Some Promise in Trial 3Health News:Luke Bryan Tickets Sleep Train Amphitheatre in Wheatland, CA (Sacramento): Ticket Down has Slashed Ticket Prices on Luke Bryan in Wheatland at Sleep Train 2Health News:Luke Bryan Tickets Sleep Train Amphitheatre in Wheatland, CA (Sacramento): Ticket Down has Slashed Ticket Prices on Luke Bryan in Wheatland at Sleep Train 3
... WASHINGTON, July 28 Rallies will be held ... Thursday, July 31, to,protest Bain Capital Partners, buyout ... -- Bright Horizons Family Solutions.,Coalitions of concerned parents, ... talk about the threats posed by the buyout ...
... body aches and pains. As we get older, our ... like young ones, and for senior citizens, falls are ... Tel Aviv University provide hopeful news from an unexpected ... hyperactive children, may have therapeutic benefits for seniors too. ...
... Anticipating the needs of,the future, Geneva College will ... in the nation., Drawing on Geneva,s long-standing ... the program offers students a M.S. degree in,Cardiovascular ... of obtaining a B.S. (in four years) or ...
... 28, 2008) In a study using laboratory ... erectile dysfunction opened a mechanism called the blood-brain ... to malignant brain tumors. , The experiments ... Neurosurgical Institute and published in Brain Research ...
... higher-income nations smaller, group says , , MONDAY, July ... developing countries have been greatly underestimated, according to ... dementia prevalence. , Previous studies have suggested that ... lower than in high-income countries. However, the quality ...
... TEM Counseling LLC launches new website offering convenient http://www.terrimilen.com ... clients in the comfort of their own home or office. ... ... an effort to provide clients with an alternative to traditional therapy ...
Cached Medicine News:Health News:Alleviating the fear of falling 2Health News:Geneva Offers First Cardiovascular Technology Graduate Program in the Nation 2Health News:Erectile dysfunction drugs allowed more chemotherapy to reach brain tumors in laboratory study 2Health News:Dementia Underestimated in Developing Countries 2Health News:Online Counseling and Life Coaching Practice Launches New Website 2
(Date:1/15/2014)... Sono-Tek Corporation (OTC BB: SOTK) today announced sales of  ... to sales of $2,202,000 for the prior year period, an ... also shown growth over the preceding quarter,s sales, continuing a ... year. Markets that experienced sales increases over the prior year ...
(Date:1/15/2014)... , Jan. 15, 2014 Most osteoporosis patients ... to a recent online survey* sponsored by Mission Pharmacal ... the National Osteoporosis Foundation online support community, revealed that ... medication that comes in a form other than a ...
(Date:1/15/2014)... , Jan. 15, 2014 As health officials across ... virus, select Meijer pharmacies in Michigan ... to eligible patients, enabling Meijer pharmacists to administer tests and, ... set by a physician participating in the study. ...
Breaking Medicine Technology:Sono-Tek Announces Third Quarter Results 2Sono-Tek Announces Third Quarter Results 3Sono-Tek Announces Third Quarter Results 4Mission Pharmacal Conducts Online Survey of Osteoporosis Patients 2Mission Pharmacal Conducts Online Survey of Osteoporosis Patients 3Meijer Pharmacy Offers Free Flu, Strep Testing as Influenza Cases Rise Across the Midwest 2Meijer Pharmacy Offers Free Flu, Strep Testing as Influenza Cases Rise Across the Midwest 3
... balloon. ,The first outside-the-balloon, dual-wire dilatation catheter. ... represents an innovative new approach to dilatation. ... the two wires to create expansion planes ... challenging lesions. ,The FX miniRAIL RX PTCA ...
... intravascular catheters provide a simple, efficient ... pressures in the heart or cardiovascular ... are ideal for high fidelity pressure ... from 2 to 7 French and ...
... Millar Mikro-Tip pressure intravascular catheters ... accurate method of measuring pressures in ... reusable, thromboresistant Mikro-Tip catheters are ideal ... catheters range in size from 2 ...
... pressure sensor catheters incorporate a ... injection/guide wire, or high-speed injection/guide ... high-speed injection has two laterally ... an open-end pigtail extension for ...
Medicine Products: