Hearing aids: a recession proof segment, but is it different this time (?)
From October 12th to 14th we attended the 66th EUHA (European Association of Hearing Acousticians) congress in Hannover, Germany. With thousands of participants, almost 120 exhibitors and dozens of expert lectures the EUHA congress is among the largest in the world in this field. Many hearing aid companies use this platform for their own investor meetings. We also attended the Sonova Investor Day that preceded the fair.
40.97% - that's how much the HC market has returned since November 2019 until end of November 2022. It certainly has not been a straight line. Join our Kieger Healthcare specialists Urban Fritsche and Raphael Oesch as they look back at the last three healthcare investment years and discuss two current challenges and corresponding opportunities.
Day after day currently feels like a roller coaster ride, going up because of better than hoped for CPI numbers, down because of looming recession fears, and back up because of a less hawkish FED speech. Are we there yet? What do you think?