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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About InnerScope Hearing Technologies Inc.
InnerScope is a leading direct-to-consumer (“DTC”) manufacturer and distributor of FDA-registered hearing aids, hearing assistive devices, hearing health-related products, and personal sound amplifier products (“PSAPs”) (“hearing products”) dedicated to addressing the global demand for affordable hearing solutions. InnerScope’s products and its business model break through the persistent barriers that prevent access to effective hearing solutions. InnerScope’s recent acquisition of iHear Medical Inc., a DTC cloud-based hearing solution provider, gives the company access to over 40 patents and an FDA-registered manufacturing and R&D facility. In addition, InnerScope has acquired HearingAssist, an established leader in the direct-to-consumer hearing aid market with a customer base of over 400,000. These acquisitions, combined with a partnership with Atlazo Inc., a semiconductor innovator for next-generation AI smart devices, will allow InnerScope to take the lead position in the direct-to-consumer hearing solutions market by selling innovated proprietary advanced hearing products through Walmart and other major big box retailers. InnerScope has a full line of hearing products including proprietary, free to the public, automated self-check hearing screening kiosks, which are currently being deployed in some of the nation’s largest retailers and pharmacy chains. InnerScope’s hearing products are presently displayed in 757 Walmart stores in five states. The products are also available through these multiple retail/wholesale channels: Walmart.com, Amazon.com, Giant Eagle, Hy-Vee, Hartig Drug, Food City, and Cardinal Health dba RGH Enterprises Inc. Additional major retailers are launching soon in-store and online. For information related to InnerScope Hearing Technologies’ latest hearing aids and related hearing products, please visit www.MyHearIQ.com, www.iHearDirect.com and www.HearingAssist.com. For the most up-to-date information about InnerScope, please visit and follow its official Twitter account @inndstock page: https://twitter.com/inndstock.
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