Oticon is a
hearing aid
A hearing aid is a device designed to improve hearing by making sound audible to a person with hearing loss. Hearing aids are classified as medical devices in most countries, and regulated by the respective regulations. Small audio amplifiers ...
manufacturer based in
Copenhagen
Copenhagen ( ) is the capital and most populous city of Denmark, with a population of 1.4 million in the Urban area of Copenhagen, urban area. The city is situated on the islands of Zealand and Amager, separated from Malmö, Sweden, by the ...
, Denmark. Oticon is a subsidiary of
Demant A/S. Oticon was founded in 1904 by Hans Demant, whose wife was
hearing impaired
Hearing loss is a partial or total inability to Hearing, hear. Hearing loss may be present at birth or acquired at any time afterwards. Hearing loss may occur in one or both ears. In children, hearing problems can affect the ability to Lang ...
. The company claims to be the world's second-largest manufacturer of
hearing aids
A hearing aid is a device designed to improve hearing by making sound audible to a person with hearing loss. Hearing aids are classified as medical devices in most countries, and regulated by the respective regulations. Small audio amplifiers ...
, and uses a
management style
Management consists of the planning, prioritizing, and organizing work efforts to accomplish objectives within a business organization. A management style is the particular way managers go about accomplishing these objectives. It encompasses the wa ...
known as "spaghetti organization" introduced by
Lars Kolind under his leadership between 1988 and 1998.
Oticon has branches in several countries, including a production plant in
Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It extends from the Baltic Sea in the north to the Sudetes and Carpathian Mountains in the south, bordered by Lithuania and Russia to the northeast, Belarus and Ukrai ...
, with more than 3,000 employees worldwide.
Oticon Medical
Oticon Medical is a sister company of Oticon, both being subsidiaries of the Demant Group. Whereas Oticon specialises in hearing aids, Oticon Medical specialises in hearing implants and released its first products in 2009. The company's Ponto bone conduction implant is now in its fifth generation.
In 2013, Oticon Medical acquired
Neurelec
Demant A/S is a Danish multinational company involved with hearing care, hearing aids, audiometric equipment and personal communication devices.
History
The business was founded in 1904 by Hans Demant, under the name Oticon. After his deat ...
, a French producer of cochlear implants.
In April 2022, Demant announced it had agreed to sell Oticon Medical to Australian company
Cochlear Limited
Cochlear is a medical device company that designs, manufactures, and supplies the Nucleus cochlear implant, the Hybrid Electric acoustic stimulation, electro-acoustic implant and the Bone anchored hearing aid, Baha bone conduction implant.
Bas ...
for DKK850 million and would exit the hearing implant business.
References
External links
Oticon's official websiteOticon's official UK site for NHS (Oticon NHS) which includes information and training resources for NHS hearing care professionals and the general public
{{Authority control
Hearing aid manufacturers
Electronics companies of Denmark
Medical technology companies of Denmark
Manufacturing companies established in 1904
Danish companies established in 1904
Danish brands