Oticon A/S is a subsidiary of the Demant Group, a global hearing healthcare company headquartered in Smørum, Denmark. Founded in 1904, the group has grown to encompass more than 26,000 employees, with subsidiaries in over 30 countries and products sold in more than 130 markets. Its annual revenue exceeds DKK 22 billion.
The company's operations span the entire hearing healthcare value chain. It develops and manufactures hearing aids under several brands, including Oticon, Bernafon, Sonic, and Philips Hearing Solutions. It also produces professional audiological and diagnostic equipment and operates a network of direct hearing care clinics. Its technical work is concentrated in hearing technologies, audiological equipment, and hearing care services.
Demant describes its culture as rooted in a heritage of care, health, and innovation, with a strong commitment to research and development. Its stated mission centers on helping people connect and communicate through improved hearing health.
