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The Demant Group operates in a global market with companies in more than 30 countries, employs more than 21,000 staff and generates annual revenue of more than DKK 22 billion.


 

  • Australia
  • Belgium
  • Brazil
  • Canada
  • China
  • Denmark
  • Finland
  • France
  • Germany
  • Greece
  • Hungary
  • Ireland
  • Israel
  • Malaysia
  • Mexico
  • Norway
  • The Netherlands
  • New Zealand
  • Italy
  • Japan
  • Korea
  • The Philippines
  • Poland 
  • UK
  • USA
  • Singapore
  • South Africa
  • Spain
  • Sweden
  • Switzerland
  • Turkey
  •  

    Demant covers five business areas: Hearing Care, Hearing Aids, Hearing Implants, Diagnostics and Communications.

    We are the only company in the world that covers these five areas, and we harvest significant synergies from this unique position - synergies that enable us to help millions of people experience the joy of hearing for many years to come. Just as the Demant family envisioned it when they founded the company in 1904.

    With our approach to hearing healthcare and technology, and our complete product range, Demant, our customers and partners are fully equipped to help people with various kinds of hearing loss and communication needs connect with the world and live their lives to the fullest.

    Our unique position is a great advantage in a growing market. The hearing healthcare market represents a value
    of around USD 24 billion per year, with Europe and North America being by far the largest markets. Global tracking of hearing loss, as done by for instance MarkeTrak, EuroTrak and JapanTrak, shows that around 1 in 10 people over the age of 50 is living with a hearing loss, and that more than 18 million hearing aids and 85,000 hearing implants are sold every year.

    The estimated value growth rates are 2-4% in the hearing aid market and 10-15% in the hearing implants market. This growth is largely driven by the underlying demographic development and, particularly for hearing implants, gradually increasing penetration rates. The estimated value growth rate in the diagnostics market is 3-5%.

    The Communications market represents a value of around USD 6 billion, and the estimated value growth rate is around 12%.

    • revenue-2018

      Revenue

      22,443 MDKK

      In 2023, we generated DKK 22,443 million in revenue. Our largest markets are Europe and North America.
       
    • four-business-areas

      Business

      Five areas

      Demant covers five business areas: Hearing Care, Hearing Aids, Hearing Implants, Diagnostics and Communications.

       

    • full-time-employees-average-14000

      Workforce

      >21,000

      End of 2023, the Group employed more than 21,000 employees.

       

    • ownership

      Ownership

      58%

      Demant A/S is listed on Nasdaq Copenhagen. William Demant Foundation is the sole owner of the investment company, William Demant Invest, that holds the majority of shares in Demant A/S.


    The Demant Group develops, manufactures and sells products and equipment that help people with hearing loss connect and communicate with the world around them. We cover five business areas: Hearing Care, Hearing Aids, Hearing Implants, Diagnostics and Communications.


    The many companies run by our individual business areas collaborate in many areas throughout the entire value chain from purchasing and manufacturing to R&D, marketing and sales and also share resources and technologies to a wide extent.


    However, they all have their own organisation and unique identity to enable them to service their individual markets in the best possible way.

    demant-business-areasthis-is-demant-2021

    William Demant Foundation is the majority shareholder in Demant A/S (55-60%) through William Demant Invest A/S, which is the wholly owned holding company for William Demant Foundation’s investment activities.

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