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Home > Medtech > Full Story

Widex India introduces new generation hearing aids
By A Correspondent - Bangalore

Widex India Pvt Ltd, a subsidiary of US$ 250 million Widex Aps, Denmark, the manufacturer of largest number of hearing aids, is looking at India as an export base for its marketing operations in South Asia.

‘‘We are looking at funding from financial institutions like ICICI and Standard Chartered for setting up dispensing centres and make our products available at affordable prices. We also plan to provide technical know-how and financial support to audiologists in India to set up their own centres,’’ says T S Anand, managing director, Widex India.

By the end of March this year, Widex India plans to launch the fourth generation advanced hearing aid Senso-Diva, priced at Rs 75,000. The German and Indian 80:20 joint venture intends to raise the standards of dispensing in India.

Earlier at a press conference, Widex announced the launch of Bravo, its new generation digital hearing aids in Bangalore. The new range of digital hearing aid is a major breakthrough not only from the technology point of view but from the market point of view as well. The Bravo series consists of B2 (behind the ear), B2X (in the canal), B2-CIC (completely in the canal and the ultimate in discretion), B1 (behind the ear) and B1X (in the canal).

The company also announced that it would expand its presence in India by opening ten hearing aid centres in major cities shortly with local partners and diagnostic centres. “Our research indicated that pricing would be key to better penetration of digital hearing aids in the Indian market and Bravo presents the opportunity for us to do exactly that with its 100 per cent digital functionality and competitive pricing. We expect the market for digital hearing aids in India to expand considerably with competitive pricing,’’ said Anand.

Priced between Rs 15,000-75,000, the Bravo series is expected to be sold at 10,000 pieces in the current year. Mike Dictmann, regional exports manager, said, ‘‘Widex India is keenly looking at instituting scholarships for students qualifying to become hearing specialists. This will lead to increased availability of trained professionals which inturn will lead to further expansion of the market.”

The Senso hearing centres of Widex are located at Delhi, Chandigarh, Pune and Bangalore and more are in the offing. Currently with Rs five crore turnover, the Indian subsidiary of Widex is expected to touch Rs 10 crore this year.

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