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 su ...
manufacturer based in
Copenhagen
Copenhagen ( or .; da, København ) is the capital and most populous city of Denmark, with a proper population of around 815.000 in the last quarter of 2022; and some 1.370,000 in the urban area; and the wider Copenhagen metropolitan ar ...
, Denmark. The company is a subsidiary of the
Demant Group. It was founded in 1904 by Hans Demant, whose wife was
hearing impaired
Hearing loss is a partial or total inability to 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 acquire spoken la ...
. 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 su ...
, 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
Lars Kolind (born 5 May 1947) is a Danish businessman. Kolind holds an M.Sc. in Mathematics from Aarhus University from 1972 and a B.Comm. from the Copenhagen Business School from 1977. He is adjunct professor of leadership and strategy at ...
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 is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous ...
, with more than 3,000 employees worldwide.
In 2016, Oticon launched what they claim to be the world's first internet-connected hearing aid, called the Oticon Opn. The company employs an "open sound" approach designed to manage multiple speech and noise sources, even in complex listening situations. The company says the new OpenSound Navigator scans the environment 100 times per second to analyze and balance every sound individually. Environmental sounds are said to be accessible, but not disturbing.
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 an international hearing health care company within hearing aids, audiometric equipment, and personal communication.
History
The Demant Group was founded in 1904 by Hans Demant, under the name Oticon. After his death in 1910, ...
, a French producer of cochlear implants. Using the acquired technology, the company developed its own Neuro cochlear implant system, which received FDA approval in 2021.
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 electro-acoustic implant and the Baha bone conduction implant.
Based in Sydney, Cochlear was formed in 1983 as a subsidiar ...
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