Sonova Holding AG - Company Profile
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Sonova Holding AG (Sonova) manufactures and distributes technologically advanced wireless communication systems and hearing aids. The company provides a wide range of digital hearing instruments, high tech specialty products, complementary wireless communications systems and cochlear implant systems amongst others. Increased Hearing Instruments revenue, International Presence and focus on innovation provide an edge to the company over its competitors, even as safety issues could be a cause for concern for the company. Growing hearing aid devices market, launch of new product, and strong growth potential in Asia Pacific market could provide growth prospects to the company. However, insurance restriction on hearing aids, competitive environment and technological advancements could have an adverse effect on the company's results of operations and financial performance.
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