Oticon has branches in several countries, including a production plant in Poland, with more than 3,000 employees worldwide.[9]
Oticon hearing aid
Oticon Medical
Oticon Medical is a sister company of Oticon, both being subsidiaries of the Demant Group.[10] Whereas Oticon specialises in hearing aids, Oticon Medical specialises in hearing implants and released its first products in 2009.[11] The company's Ponto bone conduction implant is now in its fifth generation.[12]
In 2013, Oticon Medical acquired Neurelec, a French producer of cochlear implants.[13]
In April 2022, Demant announced it had agreed to sell Oticon Medical to Australian company Cochlear Limited for DKK850 million and would exit the hearing implant business.[14]
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