Subject category:
Strategy and General Management
Published by:
International Institute for Management Development (IMD)
Version: 09.02.2021
Revision date: 02-Mar-2021
Length: 16 pages
Data source: Field research
Abstract
Sonova, market leader for hearing aids, has rapidly grown through acquisitions of manufacturers and retailers while maintaining acquired brands. Recently launched digital solutions offer Sonova's products with new options but challenging to scale in light of multiple brands and diverse channel situation. Amplifon improves its position by selling own branded hearing aids connected with a proprietary digital platform. As the market moves towards digital, Amplifon seems to be better positioned since they can offer an end-to-end solution under one single brand. In the landscape of multiple product and channel brands and the fast-moving competitive environment, how should Sonova react?
Time period
The events covered by this case took place in Until September 2018.Geographical setting
Region:
World/global
Featured company
Sonova
Employees:
10000+
Turnover:
USD 3.03 billion
Industry:
Medical devices
About
Abstract
Sonova, market leader for hearing aids, has rapidly grown through acquisitions of manufacturers and retailers while maintaining acquired brands. Recently launched digital solutions offer Sonova's products with new options but challenging to scale in light of multiple brands and diverse channel situation. Amplifon improves its position by selling own branded hearing aids connected with a proprietary digital platform. As the market moves towards digital, Amplifon seems to be better positioned since they can offer an end-to-end solution under one single brand. In the landscape of multiple product and channel brands and the fast-moving competitive environment, how should Sonova react?
Settings
Time period
The events covered by this case took place in Until September 2018.Geographical setting
Region:
World/global
Featured company
Sonova
Employees:
10000+
Turnover:
USD 3.03 billion
Industry:
Medical devices