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Demant
AddedFeb 15, 2024
UpdatedJun 28, 2026
Demant

Demant

Operating

Demant A/S: Global producer of hearing aids, implants, and diagnostic tools for improved communication.

Founded
1904
Location
Smørumnedre, Capital Region of Denmark, DK
Overview
Compare
Employees
Website

Founded in 1904 and headquartered in Smørum, Denmark, Demant A/S is a global leader in the production of hearing aids, implants, and diagnostic tools aimed at improving communication for individuals with hearing loss. The company’s core mission is to help people with hearing loss connect and communicate effectively. Demant offers a range of products including hearing devices, implants, and audiometric equipment, serving a worldwide market with a strong focus on innovation and quality in healthcare.

Notable figures associated with Demant include Chairman Niels B. Christiansen and President and CEO Søren Nielsen. The company is publicly traded on Nasdaq Copenhagen under the ticker DEMANT. Key achievements include significant financial performance with a revenue of DKK 13.189 billion and a net income of DKK 1.759 billion in 2017. Demant has made a substantial impact on the healthcare industry by enhancing the quality of life for millions of people with hearing impairments globally.

Demant - Quick Facts

When was Demant founded?

Demant was founded in 1904.

Where is Demant's headquarters located?

Demant's headquarters is located in Smørumnedre, Capital Region of Denmark, DK.

When was Demant's last funding round?

Demant's most recent funding round was for $375M (USD) in March 2023.

How much has Demant raised to-date?

As of Mar 29, 2023, Demant has raised a total of $490M (USD).

How many employees does Demant have?

Demant has 20,500 employees as of Feb 6, 2024.

Demant - Classification

Industry
  • Hardware
Ownership
  • Public
Technology
  • Medical Devices
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Transactional
Customer
  • Consumers
  • Enterprise
Main Product
  • Hearing Aids
  • Implants
Tags
  • Healthtech
NAICS
  • 320000Manufacturing
  • 325400Pharmaceutical and Medicine Manufacturing
  • 325000Chemical Manufacturing
  • 325410Pharmaceutical and Medicine Manufacturing
SIC
  • 5000Wholesale Trade-durable Goods
  • 5040Professional And Commercial Equipment And Supplies
  • 5047Medical, Dental, And Hospital Equipment And Supplies
Show 19 more industry codes
NAICS
  • 813000Religious, Grantmaking, Civic, Professional, and Similar Organizations
  • 813200Grantmaking and Giving Services
  • 813210Grantmaking and Giving Services
  • 813212Voluntary Health Organizations
  • 813900Business, Professional, Labor, Political, and Similar Organizations
  • 813920Professional Organizations
  • 330000Manufacturing
  • 620000Health Care and Social Assistance
  • 810000Other Services (except Public Administration)
  • 335000Electrical Equipment, Appliance, and Component Manufacturing
  • 623000Nursing and Residential Care Facilities
SIC
  • 8600Membership Organizations
  • 8620Professional Membership Organizations
  • 8690Membership Organizations, Not Elsewhere Classified
  • 3600Electronic And Other Electrical Equipment And Components, Except Computer
  • 3900Miscellaneous Manufacturing Industries
  • 8000Health Services
  • 8040Offices And Clinics Of Other Health Practitioners
  • 8049Offices And Clinics Of Health Practitioners, Not Elsewhere Classified