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Oticon Inc.

Division of William Demant Holding AS
www.oticon.com

Latest From Oticon Inc.

Start-Up Spotlight: Small Lens In Eardrum Hopes To Make Big Soundwaves In Hearing Aid Market

A new hearing aid lets users enjoy the full range of normal hearing frequencies, activated by a contact lens on the eardrum. The hearing aid from Earlens Corp. also provides audio gain without feedback. In October, the company completed an $87m round of financing, which will help launch its next-generation hearing aid, which employs magnetic induction for further hearing refinement.

Start-up Spotlight StartUps and SMEs

MED-EL Buys Otorix’ Non-Surgical Bone-Conduction Hearing Technology

The non-implantable bone-conduction system, which MED-EL hopes to launch next year, will complement the Austrian hearing technology company’s existing cochlear implants and other implantable hearing devices.

Commercial Deals

Hearing Aid Industry Poised For Growth

The aging baby boomer population is driving linear growth in the multibillion-dollar hearing aid market, which increased 4.76% in 2014, with 3.1 million units sold in the US alone according to the Hearing Industries Association. To drive further growth and capture market share, hearing aid manufacturers have been catering to boomers, and developing new high-tech hearing aids that are more like wearable health care technology, with improved performance and wireless connectivity to electronic devices.

Medical Device Innovation

Rumblings of Change in the Hearing Markets: Sonova Buys Advanced Bionics

The hearing markets have followed a different evolutionary branch than the rest of the medical world, with a complicated infrastructure, and a schism between its two main product categories; the hearing aids sold through the audiology channel, and cochlear implants, surgical devices marketed to ENTs. This fragmentation has long kept the hearing markets from realizing their potential. The recent merger of Advanced Bionics with Sonova is a major step toward bridging the chasm in the hearing impairment industry, and perhaps in beginning to change its dynamics.
Business Strategies
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Company Information

  • Industry
  • Medical Devices
    • Implantable Devices
  • Therapeutic Areas
  • Otolaryngology
  • Alias(es)
  • Oticon AS
  • Ownership
  • Private
  • Headquarters
  • Worldwide
    • North America
      • USA
  • Parent & Subsidiaries
  • William Demant Holding AS
  • Senior Management
  • Gary Rosenblum, Pres.
  • Contact Info
  • Oticon Inc.
    Phone: (45)
    580 Howard Ave.
    Somerset, NJ 08873
    USA
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