NetworkNewsBreaks – InnerScope Hearing Technolog
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InnerScope Hearing Technologies (OTC: INND), an emerging and disruptive leader in the direct-to-consumer (“DTC”) hearing technology space, is set to benefit as hearing issues represent a substantial market in the U.S. and globally. Up until recently, a prescription was required for hearing aids in the U.S., a country where roughly one in eight people over the age of 12 have hearing loss. To that point, only about 16% of Americans aged 20-68 who could benefit from hearing aids have ever used them, a figure that jumps to about 30% among people over age 70. “InnerScope is aiming to break the persistent barriers with a full lineup of affordable hearing solutions designed to improve the quality of life of the 70 million people in North America who suffer from hearing impairment and/or hearing-related issues, including tinnitus,” a recent article reads. 2021 was a transformational year for InnerScope. The company launched its hearing aid products and deployed one-of-a-kind Free Self-Check Hearing Screening Kiosks with some of the largest grocery and pharmacy retailers in the nation. InnerScope also acquired iHEAR Medical Inc. and Hearing Assist II LLC, following which the company expected record revenue during Q4.
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