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Hearing Aid Unit Sales Increase by 6.5% in 2019

Hearing aid unit sales in the United States during 2019 increased by 6.5%—and officially broke the 4 million-unit mark for the first time, according to statistics generated by the Hearing Industries Association.

Demant Group Companies Hit by Cyber Attack

Companies in the Demant Group, which include Oticon, Sonic Innovations, and Bernafon, were the victims of a cyber attack that affected their IT infrastructure on September 3. The group was forced to shut down its IT systems across multiple sites and business units to contain the issue last week.

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Amplifon Off to a Hot Start in 2019

Amplifon, the parent group of Miracle Ear and Elite Hearing Network, published impressive first quarter 2019 financial results, showing revenue growth of 25.4% driven by solid organic growth and a large contribution from their M&A activity, notably from their recent purchase of the GAES hearing aid dispensing network based in Spain.

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Philips Hearing Aids Introduced by Demant

The Philips brand portfolio–one of the world’s best known and leading health technology brands–will enter the hearing aid market in a complete range of Philips HearLink premium hearing aids. Demant, the exclusive hearing aid brand licensee of Philips, looks to the potential of addressing new segments on a global scale combining first-class hearing technology with a well-known brand.

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