MedWatch

Swiss hearing aid giant comes out on top after covid-19 crisis

Sonova managed the coronavirus crisis well, with just a minor fall in revenue and better cost efficiency compared to competitors like Demant and GN Hearing.

Sonova CEO Arnd Kaldowski | Photo: Sonova / PR/Daniel Hager Photography & Film

The world's biggest manufacturer of hearing aids – Sonova – has navigated the coronavirus crisis better than any other company within the industry.

The global pandemic has left its mark on Sonova which – like the rest of the industry – has seen the impact of traders and health systems shutting down their hearing clinics. Furthermore, Sonova's customers are typically elderly, meaning they are in the covid-19 risk group, and have generally stayed at home and put up with worse hearing to avoid possible infection.

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