Demant A/S

Company Snapshot

Founded: 1904
Entity Type: Public
Employees: 22,639
Region: North America
Revenue: $3,251.8 Millions
Revenue Year: 2024
Headquarter: Smorum, Denmark
Key Geographics: North America, Europe, Asia, Pacific region, Rest of world
Corporate Address: Kongebakken 9 2765 Smørum Denmark Tel. +1-45-3917-7300 www.demant.com

Company Overview

Demant is a global hearing healthcare and audio technology company founded in 1904. Demant conducts business through two business segments: Hearing Healthcare and Communications. Hearing Healthcare offershearing aids and implants, diagnostics and hearing care. The company offers hearing implants through its Oticon brand.

The company has a global network of 2,600 clinics in 20 countries to assist people with hearing solutions. The company distributes hearing solutions in more than 100 countries.

Financial Highlights (FY 2024)

Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***

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Demant A/S In Reports

Hearing Implants: Global Market Outlook

BCC Market Research for Hearing Implants Global Market Outlook with market revenue from 2020-2021 estimates for 2022 and projections of CAGR through 2027

Medical Devices Industry: Competitive Landscape 2021

BCC Research Market Report for Medical Devices Industry. Discussion of the major market potential and opportunities in the medical devices industry.

Hearing Aid Devices: Global Markets

Global market for hearing aids is estimated to increase from $6.1 billion in 2022 to reach $8.5 billion by 2027, at a CAGR of 6.8% from 2022 through 2027.

Company's Business Segments

  • Hearing Aids : The Hearing Aids business area engages in the development, manufacturing and wholesale of hearing aids, developing innovative and leading technological solutions that create life-changing hearing health.
  • Hearing Care : The Hearing Care business area comprises the Audika Group, which is a global retail company that provides personalised hearing care to customers worldwide through several strong local brands.
  • Diagnostics : The Diagnostics business area consists of a group of international companies and is the global market leader in hearing and balance assessment solutions used by audiologists, ENT doctors and balance clinics worldwide.

Applications/End User Industries

  • Healthcare
  • Electronics
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