The medical devices sector is typified by frequent change and innovation, in response to problems and issues faced by the healthcare industry. As a result, the sector has seen the emergence of several start-up medtech companies offering disruptive, cutting-edge solutions. Most of these are private companies, where data such as revenue is frequently not disclosed. National estimates for WS Audiology sales in the US from 2017 to 2023, as well as year-on-year growth rates, can be viewed in GlobalData’s micro revenue report. Buy the report here.
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WS Audiology AS (WS Audiology), formerly Sivantos Pte Ltd is one of the leading manufacturers of hearing aids. The company develops, manufactures and distributes hearing aid wearers, fitting software, smartphone applications and diagnostics workflow solutions. It offers hearing aids in different styles including Receiver-in-canal (RICs), Behind-The-Ear (BTEs), In-the-Ear (ITEs) and pocket hearing aids. WS Audiology also provides complementary accessories in addition to its products. The company markets its product under various brands which include Audio Service, A&M, audibene, HearUSA, Siemens, Signia and Rexton. It has formed as a spun off from Siemens Audiology Solutions, which was sold by Siemens AG. WS Audiology is headquartered in Lynge, Denmark. Key subsidiaries of WS Audiology include Auralcare Hearing Centers of America, Widex, Sivantos, Sivantos Isitme Cihazlan Sanayi ve and Sivantos.
The key metrics of WS Audiology related to marketed and pipeline products, ongoing clinical trials, active jobs and publications from 2023 are shown below:
As WS Audiology is a privately held company, it is not required to disclose its financial information and there is no stock listed on an exchange. GlobalData has access to a proprietary data set containing invoice data from over 2,600 healthcare institutions in the US and is therefore able to use estimations of a company’s revenue and growth to value private companies such as WS Audiology.
For a detailed understanding of the performance of WS Audiology, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
GlobalData’s revenue report leverages GlobalData’s SKU tracker, which contains real-world, purchasing data from the US healthcare institutions.
