William Demant, corporate parent of Oticon hearing aids, has tapped the European Investment Bank (EIB) for a €110 million Euro loan ($123 million USD) to power research and development of wireless hearing aid and hearing implant technologies. It's a vote of confidence in the Danish conglomerate, which needs new products and technology to prosper in an increasingly competitive … [Read more...] about William Demant Invests In Wireless Hearing Aid And Hearing Implant Technologies
Hearing Industry
At $1,799 A Pair, Costco’s iPhone Hearing Aids Challenge Audiologists
Update 2/3/2017: Kirkland Signature 7.0 was recently released. Read reviews for the KS7 Costco hearing aids. Costco has made a quiet entry into the Made-for-iPhone hearing aid market, selling its own Kirkland-brand iPhone-compatible hearing aids for $1,799.99 a pair. The new Kirkland Signature 6.0 hearing aids, utilizing technology from Big-Six hearing aid maker GN ReSound, … [Read more...] about At $1,799 A Pair, Costco’s iPhone Hearing Aids Challenge Audiologists
Finally, A Single-Snapshot View Of The Entire Hearing Aid Industry
Anyone new to the hearing aid industry can be easily overwhelmed by the complex web of brands and product manufacturers. But most hearing aid buyers would like to know where their products are coming from. Hearing Tracker, the leading online review system for hearing aids and providers, has finally brought some order to the chaos with a visual snapshot of all the global hearing … [Read more...] about Finally, A Single-Snapshot View Of The Entire Hearing Aid Industry
How Costco And The VA Drove U.S. Hearing Aid Market Growth In 2014
Hearing Review's report on the 4.8 percent increase in 2014 U.S. hearing aid unit sales underscores the roles Costco and the Veterans Administration (VA) have played in driving the growth of the hearing industry. The report shows that Costco, the "big box" retailer, and the government-funded VA accounted for nearly a third of the more than three million units sold in the U.S. … [Read more...] about How Costco And The VA Drove U.S. Hearing Aid Market Growth In 2014
Siemens Audiology Is Now An Independent Company: “The Sivantos Group”
With the conclusion of its multi-billion-dollar acquisition of Siemens AG's audiology business Thursday, a private investment group led by EQT Partners announced a new name for the company -- Sivantos Group -- along with an ambitious agenda to quickly make its presence felt as one of the world's largest independent hearing aid manufacturers. Siemens Hearing Instruments for … [Read more...] about Siemens Audiology Is Now An Independent Company: “The Sivantos Group”