USX:CHEOF - Cochlear Ltd Cochlear Limited
Sector: Health Care, Industry: Health Care Equipment
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USD 209    +0.0 (+0%)

19 Apr 2024


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General

CEO: Mr. Diggory William Howitt BE (Hons), MBA

Headquarters: US

Employees: 4,800

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Description

Cochlear is the leading cochlear implant device manufacturer with around 60% global market share. Developed markets contribute 80% of group revenue where cochlear implants are the standard of care for children with severe to profound hearing loss. The company also actively targets the growing cohort of seniors in developed markets. Tender-oriented emerging markets contribute the remaining 20% of group revenue. Main products include cochlear implants, bone-anchored hearing aids, and associated sound processors. In fiscal 2020, 49% of revenue came from the Americas, 35% from Europe, the Middle East, and Africa, and 16% from the Asia-Pacific segment.

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