NanoEar Corporation, Inc.

There are 466 million people who suffer from hearing loss worldwide. In the US and in many other western countries there is only a 20-30% adoption of today’s hearing technologies. Untreated hearing loss, can lead to a reduction in productivity, loss of jobs, emotional distress and even cognitive disorders like anxiety, depression, and dementia. The most common reasons for lack of hearing aid adoption are: stigma, cost, hassle with batteries, poor fit, and the perception that hearing aids offer limited benefit. The current global hearing aid market is $7B annually. Given the low adoption rates, positive demographics, and the desire for improved hearing aid quality, NanoEar is poised to take advantage of a severely under-penetrated market.