All items tagged with over-the-counter (44)

Jacoti Announces OTC Ready Technologies for Over-the-Counter Hearing Aid Development Using Qualcomm 51XX SoCs

June 2, 2021 by audioXpress Staff

Jacoti Announces OTC Ready Technologies for Over-the-Counter Hearing Aid Development Using Qualcomm 51XX SoCs

Following the announcement of collaboration with Qualcomm, in October 2020, Jacoti BV, the Belgium-based medical technology company, now announced the immediate licensing availability of OTC Ready, Jacoti’s hearing software platform. OTC Ready enables headphone/earbud manufacturers using Qualcomm 51XX SoCs to address the likely requirements of the upcoming US over-the-counter hearing aid market.

Bose Unveils SoundControl FDA-Cleared Direct-to-Consumer Hearing Aids

May 11, 2021 by Joao Martins

Bose Unveils SoundControl FDA-Cleared Direct-to-Consumer Hearing Aids

Bose was the first company to receive an FDA approval for an over-the-counter (OTC) hearing assistance device. The audio industry has been waiting for the actual product announcement. Now, Bose unveiled the SoundControl Hearing Aids, which as the name implies, are actual self-fitting, direct-to-consumer hearing-aids. They can be personalized using a mobile app, but the SoundControl Hearing Aids do not stream music or take calls and they retail for $849.95.

Sonova Acquires Sennheiser Consumer Division to Expand and Enter New Growth Markets

May 7, 2021 by audioXpress Staff

Sonova Acquires Sennheiser Consumer Division to Expand and Enter New Growth Markets

Hearing solutions provider Sonova Holding AG, has signed an agreement to acquire the Consumer Division from Sennheiser electronic GmbH & Co. KG (Sennheiser). The announcement from the Switzerland-based company follows on the statement, made earlier in 2021, that Sennheiser was planning to focus on its Professional business, and aiming to secure a partnership to strengthen its market position in Consumer Electronics.

Signia Breaks Barriers With Active Pro Earbud-Style Hearing Aids

January 26, 2021 by Joao Martins

Signia Breaks Barriers With Active Pro Earbud-Style Hearing Aids

It's not only the technology that is evolving much faster in consumer true wireless earbuds. It's also consumer's perception of what these products can do and its widespread appeal. Understanding that hearing aids could greatly benefit from that form-factor to surpass existing stigmas, WS Audiology's hearing-aid brand Signia is targeting a new generation of users with its Signia Active Pro earbud-style hearing aids that also offer high-tech audiological benefits.

What Does the Future Hold for the Hearables Market?

November 3, 2020 by audioXpress Staff

What Does the Future Hold for the Hearables Market?

A new market report from IDTechEx Research, the research and consultancy focused on emerging technologies from Cambridge, UK, offers a in-depth perspective on the market for Hearables. The new IDTechEx research covers ear-worn electronic products, including headphones, hearing aids and related product areas. The new report offers an overview of trends, technology, players and expanded forecasts from 2020 to 2030.

Qualcomm Adds Jacoti Hearing Enhancement Technology to QCC5100 Bluetooth True Wireless SoCs

October 23, 2020 by audioXpress Staff

Qualcomm Adds Jacoti Hearing Enhancement Technology to QCC5100 Bluetooth True Wireless SoCs

Qualcomm is working with Jacoti, an audio technology company focused on hearing enhancement, to bring Jacoti’s medical-grade algorithms to the Qualcomm QCC5100 Series Ultra-Low Power Bluetooth SoCs. This integration combines classical audiology approaches with Jacoti’s own and software to add accessible, accurate personalized hearing assistance with additional safety features to true wireless earbuds and Bluetooth headsets.

Idtechex Forecasts 14% Growth YoY Until 2025 for the Hearables Market

April 14, 2020 by audioXpress Staff

Idtechex Forecasts 14% Growth YoY Until 2025 for the Hearables Market

IDTechEx released a new report covering the market, technology and players in hearables. The market research company uses the term "hearables" loosely to describe all true wireless devices in the consumer electronics space, but also medical devices such as hearing aids and even cochlear implants. In this overview, it finds that the market was worth $24.5bn in 2019 and will continue to grow at a forecasted 14% YoY from 2020-2025, driven primarily by the true wireless consumer category.

Is Direct to Consumer the Future for Hearing Aids?

January 16, 2020 by Peter Cooney

Is Direct to Consumer the Future for Hearing Aids?

At first glance, the reason for the decision to allow the sale of OTC hearing aids in the US is clear. The market for hearing aids is going to be driven by over-the-counter sales, according to the latest research from analyst SAR Insight & Consulting. This assertion is given weight by the news that Bose — a market leader in home audio, headphones, and automotive audio systems —is the first company to be FDA approved for a patent on OTC hearing aids. As a result, many companies are diverting their attention to the medical hearing aid market.

Futuresource Market Report Highlights New Exciting Opportunities for Hearables

May 16, 2019 by Futuresource Consulting

Futuresource Market Report Highlights New Exciting Opportunities for Hearables

Futuresource Consulting has recently published its Hearables Market Report, reviewing the market size, competitive landscape, technology drivers and future trends in this new product category. Simon Forrest, Principal Technology Analyst at Futuresource discusses new monetization opportunities in the untethered hearable segment and those resulting from the new “over the counter” hearing aid category, opening up the sector to many new entrants not least the mainstream headphones companies.

Market Opportunity and Technology Integration Drives Ingenuity in Hearables

April 11, 2019 by Futuresource Consulting

Market Opportunity and Technology Integration Drives Ingenuity in Hearables

The market for hearing enhancement products is set for disruption. Leading consumer electronics brands are now impinging upon the traditional markets for hearing aids by adding technologies that transform earphones into the growing category of hearables. Anticipating the cross-over opportunities between hearing aids and hearables and the rise of a unique new product category, market research firm Futuresource expands on the trend.

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