Demant

Demant is a global hearing healthcare group that develops hearing aids, diagnostic equipment and hearing care services. Founded in 1904 in Odense and headquartered in Smørum, Denmark, the company employs more than 26,000 people and reports annual revenue of more than DKK 22 billion. Its operations span hearing aid technology, audiological diagnostics, sound processing, and research and development in hearing science, including the Eriksholm Research Centre.

The group sells products in over 130 countries and maintains subsidiaries in more than 30. Its portfolio includes the hearing aid brands Oticon, Bernafon, Sonic and Philips Hearing Solutions, professional audiological and diagnostic equipment for hearing care practitioners, and a clinic network delivering hearing care services under the Hearing Care business segment. The businesses operate across the medical device, consumer hearing aid and audiology services verticals.

Demant was founded by Hans Demant, who was motivated by helping his hearing-impaired wife, Camilla. Majority shares in the company are held by the William Demant Foundation, a philanthropic owner. The group describes a heritage of care, health and innovation dating back more than 120 years, with a mission centred on helping people connect and communicate through hearing technologies.