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| Company type | Public |
|---|---|
| |
| Industry | Biotechnology |
| Founded | 1981 |
| Headquarters | Sydney, Australia |
Key people | Dig Howitt (CEO) Ms Alison Deans (Chair) |
| Products | Cochlear implants Bone-anchored hearing aids Cochlear wireless accessories Bone anchored prosthetics |
| Revenue |  A$1,240 million (2017) [1] |
| A$224 million (2017) [1] | |
Number of employees | 4,800 in 50 countries (2023)[2] |
| Website | www.cochlear.com |
Cochlear is a medical device company that designs, manufactures, and supplies the Nucleus cochlear implant, the Hybrid electro-acoustic implant and the Baha bone conduction implant.[3]
Based in Sydney, Cochlear was formed in 1981 as a subsidiary of Nucleus with finance from the Australian government to commercialise the implants pioneered by Dr. Graeme Clark, although the company later became separate.[4][5] As of 2022, the company holds 50% of the cochlear implant market,[6] with more than 250,000 people receiving one of Cochlear's implants as of 2015.[3]
Cochlear was named Australia's most innovative company by the Intellectual Property Research Institute of Australia in 2002 and 2003,[7] and one of the world's most innovative companies by Forbes in 2011.[8]
- ^ a b "2017 Cochlear Limited Annual Report" (PDF).
- ^ https://assets.cochlear.com/api/public/content/db4f441469aa4263acccdfc23980d21b?v=ce8bbd15;CONVERT_TO=url&CACHEID=ROOTWORKSPACE-5a41c9a8-7972-4999-aca7-45822fab0867-nl4wM4J [bare URL PDF]
- ^ a b "Annual report 2015" (PDF). Cochlear. Retrieved 3 November 2015.
- ^ "History: Who developed the cochlear implant and why?". Powerhouse Museum. Archived from the original on 18 October 2012. Retrieved 22 June 2013.
- ^ "History". Cochlear. Archived from the original on 17 August 2013. Retrieved 22 June 2013.
- ^ Zeng, Fan-Gang (1 July 2022). "Celebrating the one millionth cochlear implant". JASA Express Letters. 2 (7): 077201. doi:10.1121/10.0012825. PMID 36154048. S2CID 251164704.
- ^ "Cochlear named most innovative company". Sydney Morning Herald. 17 November 2003. Retrieved 22 June 2013.
- ^ "Most innovative growth companies". Forbes. Retrieved 22 June 2013.