MED-EL - About the company
MED-EL is an unfunded company based in Innsbruck (Austria), founded in 1989 by Erwin Hochmair and Ingeborg Hochmair. It operates as a Middle ear & Cochlear implants and Hearing aids. MED-EL has not raised any funding yet. The company has 16 active competitors, including 4 funded and 3 that have exited. Its top competitors include companies like Cochlear, Advanced Bionics and Oticon Medical.
Company Details
MED-EL develops and manufactures hearing implants i.e. Cochlear implants solutions for both children and adults and other medical devices. Its products for ENt include Cochlear implants, Middle ear implants, Behind-the-Ear Audio Processors, Single-Unit Audio Processor, Electra-Acoustic Stimulation systems etc... The company sells its products in over 100 countries and has more than 30 offices worldwide
- Website
- www.medel.com/
- Email ID
- *****@medel.com
- Phone Number
- +43 **********
- Registered Address
- Durham, North Carolina
Key Metrics
Founded Year
1989
Location
Innsbruck, Austria
Stage
Unfunded
Ranked
3rd among 16 active competitors
Employee Count
1,001 - 5,000 as on Jul 01, 2024
Legal entities associated with MED-EL
MED-EL is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
MED-EL CORPORATION CIN: 561998501 , United States, Active | Dec 31, 1999 | - | 173 (As on Dec 31, 2021) | - |
MED-EL INDIA PRIVATE LIMITED CIN: U33112DL2006FTC155131 , India, Active | Nov 01, 2006 | $12.9M (As on Mar 31, 2025) | 36 (As on Aug 01, 2025) |
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MED-EL's funding and investors
MED-EL has not raised any funding rounds yet.
MED-EL's founders and board of directors
Founder? Claim ProfileThe founders of MED-EL are Erwin Hochmair and Ingeborg Hochmair. Ingeborg Hochmair and David Packer are the CEOs of MED-EL.
Here are the details of MED-EL's key team members:
- Erwin Hochmair: Co-Founder & Owner of MED-EL. Contact Info: 1 email address
- Ingeborg Hochmair: Co-Founder & Co-CEO & CTO of MED-EL. Contact Info: 1 email address
- David Packer: Co-CEO of MED-EL.
View details of MED-EL's Founder profiles and Board Members
MED-EL's employee count trend
MED-EL has 1,001 - 5,000 employees as of Jul 24. Here is MED-EL's employee count trend over the years:
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MED-EL's Competitors and alternates
Top competitors of MED-EL include Cochlear, Advanced Bionics and Oticon Medical. Here is the list of Top 10 competitors of MED-EL, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Electronic hearing devices and implants | - | 68/100 | ||
2nd | Advanced Bionics 1993, Valencia (United States), Acquired | Provider of advanced cochlear implants and hearing technology for powerful connections | $128M | 68/100 | |
3rd | Middle ear & Cochlear implants and Hearing aids | - | - | 57/100 | |
4th | Oticon Medical 2009, Gothenburg (Sweden), Acquired | Provider of one anchored hearing system and cochlear implants | - | - | 50/100 |
5th | Developer of cochlear implant to treat deafness | $22.5M | 41/100 | ||
6th | Zhejiang Norcong Neuroelectronics 2006, Hangzhou (China), Series B | Developer of ear implant and speech processing devices | $16.2M | 38/100 | |
7th | Esteem Hearing 1995, Saint Paul (United States), Series B | Developer of implanted hearing devices | $19.4M | 38/100 | |
8th | Otokinetics 2009, Salt Lake City (United States), Seed | Cochlear Implant | $2.11M | 26/100 | |
9th | Normanby Laboratory Services 2013, Redcar (United Kingdom), Unfunded | Provider of earmoulds for hearing protection | - | - | 24/100 |
10th | Provider of cochlear implant solutions for individuals with severe to profound hearing loss | - | - | 24/100 |
Looking for more details on MED-EL's competitors? Click here to see the top ones
MED-EL's Investments and acquisitions
MED-EL has made 2 investments in Audiocure and Audiocure and acquired BHM-Tech.Here is the list of these investments and acquisitions:
News related to MED-EL
Media has covered MED-EL for a total of 3 events in the last 1 year, 1 of them has been about company updates.
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MED-EL Cochlear Implant Becomes First FDA-Approved Option for Children Seven Months and OlderBusiness Wire•Dec 04, 2025•MED-EL
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InfectoPharm Invests in AudioCure to Advance Innovative Hearing Loss TherapyBusiness Wire•Feb 13, 2025•Audiocure, InfectoPharm, MED-EL, HTGF
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MED-EL, Starkey Team Up on New Bluetooth Listening ExperienceMedical Product Outsourcing•Aug 09, 2024•MED-EL, Starkey
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MED-EL and Starkey Announce Collaboration to Develop New Bluetooth ExperienceBusiness Wire•Jul 11, 2024•MED-EL, Starkey
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