Providing Clarity in a Noisy DTC Hearing Aid Market: The Growth of InnerScope Hearing Technologies Inc. (INND)
37.5 million Americans report some degree of hearing impairment each year, many of which can’t afford the high out-of-pocket costs of prescription hearing aids InnerScope offers a comprehensive portfolio of affordable products that do not require a doctor’s prescription In recent months, InnerScope has made accretive acquisitions and more than tripled its staff, further cementing its position in the market as Walmart’s biggest provider of hearing aids There is a case to be made that direct-to-consumer (“DTC”) is the future of hearing aids. Unfortunately, prescription hearing aids are rarely covered by insurance and can cost thousands of dollars. Akin to…