Amplifon

An Italian company based in Milan and the world's largest hearing aid retailer

Categories

Retail and Consumer Goods  

#1744

Rank

$8.46B

MarketCap IT

IT Italy

Country

Summary

Amplifon is a globally recognized leader in the field of hearing solutions, dedicated to improving the lives of individuals with hearing loss. With a rich history spanning over 70 years, the company has established itself as a trusted provider of innovative hearing aids, audiology services, and related accessories.

Amplifon's mission revolves around ensuring that everyone can enjoy the benefits of better hearing. They offer a wide range of cutting-edge hearing aids, tailored to individual needs and preferences. Through their extensive network of specialized clinics and partnerships with healthcare professionals, Amplifon provides personalized hearing assessments, fitting services, and ongoing support to optimize each customer's hearing experience.

The company's commitment to technological advancements and research drives their ability to offer state-of-the-art solutions. Amplifon's products incorporate advanced features, including wireless connectivity, noise reduction, and customized programming, enabling users to hear clearly in various environments.

In addition to hearing aids, Amplifon offers a comprehensive suite of audiology services, including diagnostic assessments, rehabilitation programs, and tinnitus management. Their experienced audiologists and hearing care professionals are dedicated to delivering exceptional care and support throughout the entire hearing journey.

Amplifon's customer-centric approach is reflected in their emphasis on education and awareness. They strive to empower individuals and communities by providing resources, information, and educational initiatives to promote better hearing health. Through their advocacy efforts, Amplifon aims to reduce the stigma associated with hearing loss and promote early intervention for better outcomes.

As a global leader, Amplifon operates in numerous countries worldwide, ensuring accessibility to their products and services across different regions. Their commitment to quality, innovation, and customer satisfaction has earned them a strong reputation as a trusted provider of comprehensive hearing solutions.


History

Amplifon has a rich and storied history that spans over 70 years, marked by significant milestones and pioneering achievements in the field of hearing solutions.

The company was founded in Milan, Italy, in 1950 by Algernon Charles Holland, an Englishman who recognized the need for quality hearing care. Holland established the first Amplifon clinic, introducing innovative hearing aids and personalized audiology services to improve the lives of individuals with hearing loss.

As the demand for hearing solutions grew, Amplifon expanded its operations beyond Italy, opening clinics across Europe and expanding into new markets worldwide. Throughout the years, the company demonstrated a commitment to excellence, investing in research and development to deliver cutting-edge technologies and advancements in hearing aid technology.

Amplifon's dedication to innovation was evident in 1995 when they introduced the world's first fully digital hearing aid, revolutionizing the industry. This breakthrough paved the way for further advancements in sound quality, customization, and user experience.

In subsequent years, Amplifon continued to expand its global footprint through strategic acquisitions and partnerships. They established a strong presence in North America, Latin America, and Asia-Pacific, solidifying their position as a global leader in hearing solutions.

The company's commitment to providing personalized care and tailored solutions remained at the forefront of their operations. Amplifon invested in a network of highly skilled audiologists and hearing care professionals, ensuring that customers receive individualized assessments, fittings, and ongoing support to meet their specific hearing needs.

Amplifon's dedication to education and awareness is another vital aspect of its history. The company launched various initiatives and campaigns to promote hearing health and raise awareness about the importance of early intervention and regular hearing check-ups.

Today, Amplifon stands as a globally recognized brand, known for its unwavering commitment to improving lives through better hearing. With a presence in over 20 countries and a vast network of clinics, the company continues to innovate and provide comprehensive hearing solutions, driven by a mission to empower individuals to reconnect with the world of sound.


Mission

Amplifon's mission is to improve lives by providing innovative and personalized hearing solutions that empower individuals to reconnect with the world of sound.


Vision

Amplifon's vision is to be the global leader in hearing solutions, revolutionizing the industry with cutting-edge technology, personalized care, and a commitment to enhancing the quality of life for individuals with hearing loss.


Key Team

Ms. Francesca Rambaudi (Investor Relations Director)

Mr. Federico Dal Poz (Chief Legal Officer)

Mr. Salvatore Ricco (Chief Communication Officer)

Ms. Francesca Morichini (Chief HR Officer)

Mr. Giuseppe Vironda (Chief Marketing Officer)

Mr. Paolo Tacciaria (Head of Internal Audit)

Mr. Giulio Pizzini (Chief Strategy & Bus. Devel. Officer)


Recognition and Awards
Amplifon has been the recipient of numerous awards and accolades, such as the World Hearing Care Market Leader Award from Frost & Sullivan in 2012, the Best Performance Award from the European Union in 2013, and the prestigious Grand Prix Special of the Jury Prize for Innovation from the International Exposition of Inventions & Innovations in 2014.

Products and Services

Amplifon offers a comprehensive range of products and services designed to address the diverse needs of individuals with hearing loss. With a focus on innovative technology and personalized care, the company provides the following offerings:

Hearing Aids: Amplifon offers a wide selection of advanced hearing aids from leading manufacturers. These devices incorporate state-of-the-art technology to enhance sound quality, provide custom programming, and offer various features such as wireless connectivity, noise reduction, and feedback cancellation.

Personalized Fittings: Amplifon's team of experienced audiologists and hearing care professionals provide personalized fittings to ensure that each hearing aid is tailored to the individual's unique hearing needs and preferences. Through comprehensive assessments, they determine the appropriate settings, optimize sound quality, and ensure maximum comfort.

Audiology Services: Amplifon provides comprehensive audiology services to support individuals throughout their hearing journey. This includes diagnostic assessments to evaluate hearing capabilities, rehabilitation programs to improve listening skills, tinnitus management for those experiencing ringing in the ears, and ongoing counseling to address any concerns or questions.

Accessories and Assistive Devices: Amplifon offers a range of accessories and assistive devices that complement their hearing aids. These include wireless accessories for improved connectivity with electronic devices, remote controls for easy adjustment of settings, and assistive listening devices for enhanced hearing in specific environments.

Maintenance and Repair: Amplifon provides maintenance and repair services to ensure the longevity and optimal performance of hearing aids. Their trained professionals offer regular check-ups, cleanings, and adjustments to keep the devices functioning at their best. In the event of any issues or repairs, they provide timely support and assistance.


References
Amplifon
Leadership team

Mr. Enrico Vita (CEO, MD & Exec. Director)

Mr. Gabriele Galli (Exec. of Financial Reporting & Corp. Accounting Information and CFO)

Mr. Andrea Ciccolini (Chief Information Officer)

Industries

Retail and Consumer Goods

Products/ Services
E-Commerce, Health Care, Retail
Number of Employees
1,000 - 20,000
Headquarters
Milan, Lombardia, Italy
Established
1950
Net Income
100M - 500M
Revenue
Above - 1B
Traded as
AMP.MI
Social Media

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Sun Mar 03 2024
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