Market

2014 sales: Sonova forecasts double-digit core growth in profits

Market

Swiss hearing aid giant Sonova is expecting double-digit growth in earnings this year, following strong sales of some of its newer products.

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ZPower Secures $10 Million in New Financing to Support Growth

Market

Starkey Laboratories, Inc.,– ZPower today announced it has raised $10 million in additional funding from existing investors, bringing the company’s total to $110 million from investors. The funds will be used to accelerate the adoption of ZPower silver-zinc rechargeable batteries, used by leading hearing aid manufacturers.

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GN ReSound: Changes to the executive management team

Nomination

GN Store Nord has appointed Anders Hedegaard as CEO of GN ReSound and member of GN Store Nord's executive management team, effective as of August 1, 2014. Anders Hedegaard replaces Lars Viksmoen, who has decided to step down from his position as CEO of GN ReSound to change his work life balance.

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The smart digital hearing aid revolution

Market

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The Times of India reports on how smart digital hearing aids are changing the face of the hearing aid market. According to the report, growing numbers of people with mild to severe hearing loss are opting for smart hearing devices and moving away from simple analog aids that have been available for much longer.

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Siemens Audiology to be floated

MARKET

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Siemens AG has announced that it is preparing to publicly list its audiology business on the Stock Market, ‘in order to give the business an opportunity to better leverage its potential outside the company’ the press release states. The statement was issued prior to a press and analyst conference on 7th May in which the CEO of Siemens spoke about the company’s strategic realignment. The long anticipated corporate overhaul, called Vision 2020, will see Siemens AG restructured into nine divisions, its healthcare unit managed separately, and its hearing aids business publicly listed.

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Advanced Bionics announces its arrival in Vietnam

MARKET

Advanced Bionics (AB), a global leader in cochlear implant technology and a company of the Sonova Group, announced that the HiResolution Bionic Ear System, featuring the HiFocus Mid-Scala electrode and the Naída CI Q70 (Naída CI) sound processor, is commercially available in Vietnam.

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Cochlear Ltd. banking on research and development

Market

The Australian Business Review Weekly reports on Sydney-based global biotechnology company Cochlear Ltd. and its plans for future development.

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The BAHA and beyond: Bone conduction is market-ready

The Bone Anchored Hearing Aid (BAHA) approaches its thirtieth birthday since market introduction. A lot is happening on the BAHA-front, says its inventor, professor Bo Håkansson. A bone anchored hearing aid that doesn’t need a skin penetration and at the same time compensates the loss of 10 to 15 dB due to a wireless solution is technically ready. The first patients have already been implanted with the Bone Conduction Implant (BCI) in a clinical study.

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Upgrade your Noah System: It’s free, easy and well worth it! - by HIMSA

by Project Director A.Rasmussen*


In your daily work routine, it’s often hard to find the time to perform simple tasks – like updating software. However, HIMSA highly recommends you take the time to make a free upgrade to Noah 4.4. You’ll be glad you did.

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UK hearing aid sales: a record year in 2013

Market

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The British Hearing Aid Manufacturers Association (BHAMA) latest sales data show an impressive growth in hearing aid sales from UK manufacturers for 2013.

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