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In audiology who owns what?

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In audiology who owns what?

The hearing aid industry is a massive business, and like many industries, some manufacturers have been forging ahead with vertical integration: setting up stores to sell their own products direct to you the consumer rather than just rely on independent audiologists.

It can be difficult to get a complete overview of who owns what, or who is behind every brand in the hearing aid industry landscape. But Hearing Tracker has come to the rescue with a new release of their Hearing Industry Map.

The map shows which manufacturers own which brands, not just in relation to hearing aids, but also the branded clinics they have set up as a way to reach the consumer directly.

If you want to access a high-resolution version of this map you can do so here.

Hearing industry map

We spent a lot of time poring over the map and highlight below the relevant manufacturers, their hearing aid brands, and retail brands that are relevant to the Australian market.

This way you get an understanding of which clinics are linked with which manufacturers and which brands of hearing devices you are likely to be recommended at those clinics.

There are of course many other clinics not linked directly to a manufacturer who may offer more choice if required.

In 2021 the Australian hearing aid manufacturer landscape looks as follows:

WS Audiology

WS Audiology is a privately-owned manufacturer of hearing aids with headquarters in Denmark and Singapore with roots going back to 1878 and Siemens AG. The current company was created following the 2019 merger of Sivantos Group and Widex.

  • Hearing Aid Brands: Widex, Signia, Rexton,
  • Retail Clinics: Bloom Hearing Specialists

Demant

Demant is another Danish manufacturer. It was founded in 1904 by Hans Demant under the name Oticon. In 1997 the company changed its name to Demant.

Amplifon

Amplifon is the world’s largest hearing aid retailer. It was founded in 1950 in Milan and now has a presence in over 29 countries. Amplifon does not manufacture their own hearing aids but sells their own branded version of other manufacturers’ devices.

  • Retail Clinics: Bay Audiology, Amplifon, Attune

Sonova

Sonova is a Swiss manufacturer and holds 24% of the global hearing aid market in terms of sales. It recently purchased the consumer arm of the Sennheiser brand.

  • Hearing Aid Brands: Lyric, Unitron, Kirkland (for Costco), Amplifon (for Amplifon), Phonak
  • Other Brands: Sennheiser
  • Retail Clinics: Connect Hearing, Blamey Saunders Hears

GN

In Denmark yet again for the Great Northern Telegraph Company, as GN was called when founded in 1869. GN expanded its hearing health offering in 2000 when it acquired Jabra.

Starkey

Starkey Hearing Technologies 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 2019, the company had more than 5,000 employees in 24 facilities, serving more than 100 markets worldwide

  • Hearing Aid Brands: Starkey
  • Retail Clinics: iHear

Other brands and organisations

Here we have only looked at organisations that are vertically integrated and have a retail outlet for their own products in Australia. There are other brands and products in the market, including a number of new entries and single-brand manufacturers. These include brands we already know of in Australia and more we may hear of soon if they expand into our market:

Also on the map are cochlear implant manufacturers and brands including Cochlear, Medel, Advanced Bionics, and Oticon Medical.

We’ll keep an eye out for any updates and reflect those in this article as they happen.

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