PALM BEACH, Florida, November 29, 2017 /PRNewswire/ —
The increasing number of hearing impairment coupled with rising cost of hearing aids are expected to drive the hearing amplifiers market over the forecast period. A majority of the consumers turn to hearing amplifiers or personal sound amplification products (PSAPs) as they are considered cheap alternatives to hearing aids. The global hearing aid market is projected to approach $10 billion in revenue within the next five years, growing at a rate of 7% each year. The growth is due in large part to breakthroughs from advanced research and new technologies that leaders have infused into their products to enhance overall quality. Additionally, the number of individuals with hearing impairments is projected to steadily grow as well, therefore also driving revenues in hand with a rising demand. Notable leaders in the space at some level today include: InnerScope Hearing Technologies Inc. (OTC: INND), Knowles Corporation (NYSE: KN), Dolby Laboratories, Inc. (NYSE: DLB), Apple Inc. (NASDAQ: AAPL), Sony Corporation (NYSE: SNE)
InnerScope Hearing Technologies Inc. (OTCQB: INND) announced today a successful launch as part of the INND.com website an Direct-To-Consumer (DTC) E-Commerce Store for its Personal Sound Amplification Products (PSAPs) and its Hearable/Wearable hearing products. The Company prides itself on giving consumers direct access to top quality hearing products from around the world and plans on adding new products to the website as they are developed. The Company continues to expand infrastructure and growth capabilities within its new E-Commerce platform, beginning with the launch of its E-Commerce DTC Store. Read this and more news for INND at http://www.marketnewsupdates.com/news/innd.html
InnerScope Hearing Technologies DTC E-Commerce Store launched with 2 ear-level PSAP products with its universal fitting earpiece that fits approximately 94% of all consumers and can be worn comfortably all day. In addition, the store also offers 2 Hearable/Wearable PSAP products that can be used to understand conversation better in a variety of situations and difficult listening environments. The Hearable/Wearable products, have Bluetooth functionality and is able to be adjusted by the user for more advance hearing features using a smartphone with the Andriod app as well as having the options for streaming capabilities via audio input for music/movies.
“We are very excited and thrilled when we went live with our E-Commerce DTC Store,” said Matthew Moore, president of InnerScope Hearing Technologies (INND). “Building an E-Commerce platform is part of the company’s vision