Cochlear Ltd CHEOF
Morningstar’s Analysis
1-Star Price
PREMIUM
5-Star Price
PREMIUM
Economic Moat
PREMIUM
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Company Profile
Cochlear is the leading cochlear implant device manufacturer with around 60% global market share. Developed markets contribute 80% of revenues where cochlear implants are the standard of care for children with severe to profound hearing loss. The company is actively targeting the growing cohort of seniors in developed markets. Tender-oriented emerging markets contribute the remainder 20% of revenues. Products include cochlear and other ear implants, bone-anchored hearing aids (BAHA) and associated sound processors. In fiscal 2020 49% of revenue came from the Americas, 36% from EMEA and 17% from the Asia-Pacific segment.
Sydney, NSW, 2109, Australia