Starkey Hearing Technologies Overview
Pro stress-test →Starkey is an American privately owned company based in Eden Prairie, Minnesota that makes hearing aids, and is one of the largest hearing aid manufacturers in the world. As of November 2024, Starkey reported that it employed over 5,000 people across 29 facilities and operated in more than 100 markets worldwide, and is the only American-owned global hearing aid manufacturer.
Strategic Profile
Pro stress-test →Starkey has introduced an Auracast assistant, Google Fast Pair, and Push to Talk, updates designed to simplify access to shared audio, streamline device pairing, and enable new forms of communication between hearing aid wearers. In October 2024, Starkey introduced Edge AI hearing aids, which feature the G2 Neuro Processor with an integrated neural processing unit (NPU), designed to support on-device processing related to speech and environmental sound classification.
Competitive Landscape
Pro stress-test →The biggest companies operating in the Hearing Aid Manufacturing industry in the United States are William Demant Holding Group, Starkey Hearing Technologies and Sonova Holding Ag. The company holding the most market share in the Hearing Aid Manufacturing industry in the United States is William Demant Holding Group. Sonova, Demant, WS Audiology, GN Store Nord, and Starkey Hearing Solutions dominated the global hearing aids market owing to their diverse product offerings, established relationships with retailers, and wider geographic presence.
Industry Context
Starkey Hearing Technologies operates in Hearing aid manufacturing and digital hearing solutions.
Key facts
Founded: 1967 · Headquarters: Eden Prairie, Minnesota · Employees: 5,000-6,000 · Revenue: $2.1B