Hearing News Watch

DUBLIN, IRELAND – Neuromod Devices Ltd. (Neuromod), an Irish medical device company specializing in tinnitus treatment, has successfully closed a €10 million (~$10.9M USD) equity financing to expand the availability of its tinnitus treatment device, Lenire. Oversubscribed Financing to Support Growth Neuromod raised €10 million ($10.9 million) in an expansion of its Series B funding round. The financing was oversubscribed

BIHIMA has released Q4 data on hearing technology market figures for 2024, highlighting overall growth throughout the year. Total hearing instrument sales increased by 4% in 2024, reaching 2,245,540 units compared to 2,155,033 in 2023. Both private and public sector sales experienced steady growth over the year. In Q4, private hearing instrument sales saw an uptick compared to Q3, while

MILAN/WARSAW – Amplifon has completed the acquisition of KIND Aparaty Słuchowe, the Polish subsidiary of the German KIND Group, which operates in the hearing healthcare retail sector. Amplifon has acquired over 120 retail locations, including both direct street stores and part-time satellite stores, complementing its existing network of approximately 115 stores in Poland. The annual turnover of the acquired business

Blackberry Hearing has officially partnered with Tesco Ireland, allowing customers to use their Clubcard vouchers for exclusive savings at any of Blackberry Hearing’s 55 locations across Ireland. The new partnership offers 3x the value on hearing devices and accessories, making high-quality hearing solutions more accessible and affordable than ever before. Blackberry Hearing has established a presence in five Tesco Extra

MILAN, ITALY — Amplifon S.p.A. has reported robust financial results for the full year 2024, with consolidated revenues reaching €2.4 billion (~$2.58 billion USD), reflecting a 7% increase at constant exchange rates compared to the previous year. The company’s growth was driven by organic growth of 3.4%, complemented by strategic acquisitions that contributed an additional 3.6%. While the European market

EDEN PRAIRIE, MINNESOTA  – Starkey has announced a community partnership with the Minnesota Timberwolves and Minnesota Lynx. As part of this collaboration, Starkey will serve as a sponsor of the Changemaker’s Platform, hold full quarter replay moment exclusivity, and provide hearing protection for all home games. This initiative underscores Starkey’s commitment to community engagement and its dedication to promoting hearing

NEW BRIGHTON, MINNESOTA — The Audiology Practice Standards Organization (APSO) is preparing to publish two draft standards for public review. The S3.2 Diagnostic Hearing Evaluation of the Pediatric Patient outlines the tasks performed by audiologists when evaluating hearing in children. The S1.1 General Intake Standards, reviewed in 2024 and recommended for editing, describes the intake process for general audiologists, with

A new study from TympaHealth has revealed concerning insights into ear and hearing health among adults, highlighting significant social and psychological barriers preventing crucial ear and hearing care interventions. The study surveyed over 1,000 representative adults aged 18 to 65 and older, uncovering that more than one in three people (35%) have experienced hearing loss. Over half of the respondents

MINNEAPOLIS, MINNESOTA – Amplifon, the parent company of U.S. brands Miracle-Ear and Amplifon Hearing Health Care (AHHC), is organizing initiatives worldwide in celebration of World Hearing Day on March 3. The theme for this year, set by the World Health Organization (WHO), focuses on changing mindsets regarding hearing care: recognizing the importance of hearing health, protecting oneself from noise exposure,

FARMINGTON HILLS, MICHIGAN – Members of the International Hearing Society (IHS) are preparing to celebrate World Hearing Day on March 3, 2025, to raise awareness about hearing healthcare and address the stigma surrounding hearing loss and the use of hearing aids. According to the World Health Organization (WHO), by 2030, over 500 million people are expected to experience disabling hearing