KevinMD June 24, 2024
My hearing precipitously declined four years ago. As a patient and practicing physician, I became dependent upon hearing aids. Thus, I was introduced to the off-putting business of hearing aids in America.
The American hearing aid market is estimated to generate between $3 to 4 billion per year annually. It is expected to grow six to eight percent annually as our population ages. Assistive listening devices can be a vast mystery for patients. The industry became even more treacherous because of battles between hearing aid manufacturers and insurance companies. The people caught in the crossfire are the ones who can’t hear the bullets whizzing past.
Let’s focus on people with severe enough hearing loss who need prescription hearing aids, not...
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