Driven by innovation and technology
The Demant Group of international companies develops, manufactures and sells innovative solutions with the aim to make a life-changing difference to millions of people worldwide. Our solutions incorporate microelectronics, micromechanics, wireless technology, software and audiology.
With companies in more than 30 countries, we are a global market leader in hearing healthcare and our core business is hearing aids. Our approach to and indeed our many business areas within hearing healthcare mean that we can serve our customers end-users in the best possible way: From diagnosing a hearing loss to purchasing and on-going support.
From the independent dispenser and large retail chains to the audiologist, ENT (ear, nose, throat) doctor, children’s nurse or hospital surgeon, we work with our customers and partners to serve the individual needs of the end-user.
Demant at a glance
We operate globally with a local presence through our companies in more than 30 countries and through trusted distributors in more than 130 countries. This way, we combine the best of two worlds: Centralised and standardised processes that value local presence and initiatives.
Adding to our global orientation is a local presence. As a company represented in many countries, we act as a good citizen in the community. Besides from expected compliance with rules and regulations, this good citizenship includes the ambition that our employees and products contribute positive to the development of the community.
The Demant Group covers four business activities: traditional hearing instruments, hearing implants, diagnostic instruments and personal communication.
We are the only company in the world that covers these four areas, and we expect to harvest significant synergies from this unique position. Synergies that will help millions of people experience the joy of hearing for many years to come. Just as William Demant envisioned it when he developed the company during the twentieth century.
With our approach to hearing healthcare and our complete product range, the Demant Group, our customers and partners are fully equipped to help people with various kinds of hearing loss connect with the world and live their lives to the fullest.
Our unique position is a great advantage in a market that is growing. The hearing healthcare market represents a wholesale value of USD 6 billion per year, with Europe and North America being by far the largest markets.
Global tracking of hearing loss, e.g. MarkeTrak, EuroTrak and JapanTrak, shows that around 1 in 10 people over the age of 50 is living with a hearing loss. Approximately 13 million hearing aids and 60,000 hearing implants are sold every year, and the annual market growth is 4-5% in units, largely driven by the underlying demographic development.
- Industry: Pharmaceutical
- Rank: 3
- Company size: 1000
- Graduate program: Yes
- Intern program: Yes