Seven to ten percent of the world population (over 400 million) has a disabling degree of hearing impairment. Over 6.2 million hearing aids were sold in 2005 for a total retail value of about $9BN. The market is ranked 5th in growth rate within the medical device industry, with 13% CAGR.
Technology (product) Description
Audiodent’s patented technology allows incorporation of high-fidelity wireless technology in tiny earpieces as well as all hearing aids, including M-BTE, ITE, ITC and CIC devices, thus presenting a top-performing yet totally concealed hearing device and bringing the benefits of wireless systems to all hearing aid users.
Audiodent introduces an innovative ultra low-power FM receiver that requires less than 20% of the power and volume resources required by any other RF receiver, while providing excellent sound quality (SNR, bandwidth and sensitivity.
Furthermore, our technology allows incorporation of assistive listening device (ALD) functionality within standard mobile phones, thus presenting an unmatched proposition to the elderly and the hearing impaired populations.
Audiodent’s hearing systems use multidisciplinary technologies including microelectronics, RF, DSP software and mechanical engineering.
The Team
Audiodent’s team consists of a balanced group of professionals, each an expert in his own field.
The team is headed by Mr. E. Aharon (MBA, BsC EE), a serial entrepreneur;
Mr. V. Leibman (MsC EE) – a top expert in wireless audio systems;
Ms. R. Sharon (MsC Audiology) – one of Israel’s most recognized audiologists.
Together, this team brings the expertise and experience required to lead the company to a successful future.
Company Status
Audiodent developed and tested several prototype systems that validate the technology and concept. Prototypes were tested by patients with all types and degrees of hearing impairment and demonstrated exceptional performances which were defined by market experts as a “revolution in audiology.”