MED-EL

Innsbruck, Austria Founded: 1989 • Age: 37 yrs
Manufactures and supplies middle ear, cochlear implants, and hearing aids.

About MED-EL

MED-EL is a company based in Innsbruck (Austria) founded in 1989. It operates as a B2B. MED-EL has completed 1 acquisition, including BHM-Tech. MED-EL operates in a competitive market with competitors including Advanced Bionics, Zhejiang Norcong Neuroelectronics, Esteem Hearing, Oticon Medical and Hemideina, among others.

Key Metrics
  • Annual Revenue
    ₹109 Cr

    FY 2025 · -10% YoY

  • Net Profit
    ₹8.09 Cr

    FY 2025 · 7% margin

  • EBITDA
    ₹11.47 Cr

    FY 2025 · 11% margin

  • Investments & Acquisitions

Board of directors of Med-El India Private Limited (MED-EL)

Med-El India Private Limited is the primary company behind MED-EL. The board of Med-El India Private Limited currently have 5 directors; the longest-serving is Alexei Iltchenko, appointed in 2006. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Alexei Iltchenko
DIN 00179773
Director01 Nov 200619 yrs 11 moMed-El India Private Limited
Ingeborg Hochmair
DIN 00179601
Director01 Nov 200619 yrs 11 moMed-El India Private Limited
Tejinder Singh
DIN 00281340
Director01 Nov 200619 yrs 11 moMed-El India Private Limited
Sandeep Chohan
DIN 01155222
Director01 Apr 20242 yrs 6 moMed-El India Private Limited
Prem Ranjan
DIN 11320601
Additional Director09 Oct 20251 yrMed-El India Private Limited

People of MED-EL

24 people are tracked at MED-EL (3 in leadership, 21 in team).

NameRoleGroup
Elizabeth Gfoeller
Corporate Director, Regulatory AffairsLeadership
CEOLeadership
Werner O.
Head Of Software Engineering, R&dLeadership
Clemens Cantelmo
Regulatory Affairs SpecialistTeam
Sarra Gdoura
Data AnalystTeam
Nathan Schackow
Project Manager, Social Media & Copy, Corporate MarketingTeam
Andreas Berenji
Team Leader, Operations - Digital DevelopmentTeam
Angelo de Marzo
Team Leader, R&dTeam
Armin Baldemair
Team Leader IT InnovationsTeam
Vishnuvarthan Sreenivasan
Cloud EngineerTeam
Franck Roussel
Delivery Team Leader, ERP & PLMTeam
Nick Kroll
Program Manager, Digital DevelopmentTeam
Wael Jaballah
Development EngineerTeam
Felipe Farias
Research EngineerTeam
Başar Uğur
Team Leader, Domain & Backend ServicesTeam
Lisa Azwanger-Geser
Referral Engagement, Awareness & Corporate Communications, LeadTeam
Bernd Kaufmann
Advanced Business Analyst | Project Manager Data & Web TechnologiesTeam
Andi Iskandar
Business ManagerTeam
Stefan Auer
Product Manager, Information SystemsTeam
Lachezar Kostov
Advanced Software EngineerTeam

4 more people are available in the full profile.

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Financials of MED-EL

Figures of Med-El India Private Limited, the primary company behind MED-EL, for FY 2025. Revenue was ₹109 Cr (-10% year on year). Net profit was ₹8.09 Cr (7% margin). EBITDA was ₹11.47 Cr (11% margin). Revenue has grown at a compounded annual rate of +11% over three years and +14% over five years.

  • ₹109 CrRevenue · FY 2025 · -10% YoY
  • ₹8.09 CrNet profit · 7% margin
  • ₹11.47 CrEBITDA · 11% margin
  • ₹0.10 CrPaid-up capital
  • 36Employees (provident fund records)
  • +11%Revenue CAGR, 3 years
  • +14%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Med-El India Private Limited are on its company page.

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Detailed financial statements for MED-EL

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Investments & Acquisitions by MED-EL

MED-EL has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BHM-Tech.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Bone conduction hearing systems are developed for impairment solutions.
bhm-tech.atPinkafeld, Austria2024Jul 2024••••
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Timeline of MED-EL

2 dated milestones of MED-EL across 35 years, from founding to its latest funding, stage changes and deals.

  1. Founded MED-EL is founded.
  2. Acquisition Acquires BHM-Tech.

Competitors of MED-EL

MED-EL operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Advanced Bionics, Zhejiang Norcong Neuroelectronics, Esteem Hearing, Oticon Medical and Hemideina, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
advancedbionics.com1993Valencia, United States$78.06M687
Provider of advanced cochlear implants and hearing technology for powerful connections
nurotron.com2006Hangzhou, China$16.24M–
Multi-channel cochlear implants and speech processors are developed and manufactured.
esteemhearing.com1995Saint Paul, United States$19.38M22
Developer of implanted hearing devices
oticonmedical.com2009Gothenburg, Sweden––
Develops medical devices for cochlear implants and bone conduction hearing aids.
hemideina.com2016Melbourne, Australia$15.06M–
Cochlear implants for deafness treatment are developed.
otokinetics.com2009Salt Lake, United States$2.11M–
Cochlear Implant
beacon-bio.com2021United States––
A regenerative tissue graft for eardrum repair is developed.
tymcure.com2014Caesarea, Israel––
Minimally invasive medical device to treat Tympanic Membrane Perforation
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Detailed competitors of MED-EL

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Web traffic of MED-EL

The website of MED-EL (medel.com) receives about 258K visits a month and ranks #202,661 among all websites worldwide, #6,571 in Health.

  • Monthly visits
    258K

    ▲ 20.9% vs previous month

  • Unique visitors
    88.9K

    per month

  • Global rank
    #202,661

    among all websites

  • Category rank
    #6,571

    Health · Health

Similar websites

Websites whose visitors overlap most with MED-EL. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cochlear.com
100%
518.7K#83,996View details
advancedbionics.com
100%
65.9K#533,219View details
retina-implant.de
100%
––View details
amplifon.com
81%
1.1M#63,510View details
sonici.com
79%
5.5K#3,642,183View details
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
••••••••••••••••.com••%•.•M#•••••–
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All 9 similar websites and full traffic analytics for MED-EL

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Latest news on Med-El

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Complete news archive for MED-EL

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Similar companies to MED-EL

10 companies that operate in the same segment as MED-EL (Diversified Medical Devices), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Medical equipment for treating over 30 chronic diseases is developed.
1949Minneapolis, Minnesota, United States–USD 36.36 B95,000
Wide range of medical devices
1979Marlborough, Massachusetts, United States–USD 20.07 B53,000
Healthcare solutions are provided by Johnson & Johnson globally.
1886New Brunswick, New Jersey, United States–USD 94.18 B139,800
Diagnostic and surgical products for women's healthcare are provided.
1985Marlborough, Massachusetts, United States–USD 4.1 B7,060
Developer of drug candidates for the treatment of rare CNS disorders
1971Boston, Massachusetts, United StatesUSD 105.8 M–487
Surgical instruments are manufactured for multiple therapeutic areas.
1987Utica, New York, United States–USD 1.37 B3,900
A wide range of medical devices is developed by HOYA.
1941Tokyo, Tokyo, Japan–USD 5.94 B37,910
Medical devices for cardiac and neuromodulation therapies are manufactured globally.
1976Saint Paul, Minnesota, United States–––
Complex healthcare challenges are addressed through technology solutions by Commure.
2016San Francisco, California, United StatesUSD 823.3 M–316
Provider of medical devices for emergency medicine and various health conditions
1943Wayne, United States–USD 1.99 B14,100
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Frequently Asked Questions about MED-EL

MED-EL was founded in 1989.

MED-EL is headquartered in Innsbruck, Austria. It is registered at Innsbruck, Tyrol, Austria.

The primary company behind MED-EL, Med-El India Private Limited, reported revenue of ₹109 Cr for FY 2025, down 10% year on year.

MED-EL, established in 1989, excels in providing healthcare solutions, developing medical devices, hearing aids, and implants. Manufactures and supplies middle ear, cochlear implants, and hearing aids. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide.

MED-EL's top competitors include Advanced Bionics, Hemideina and Zhejiang Norcong Neuroelectronics.

MED-EL has made 1 acquisition, including BHM-Tech.

MED-EL operates through Med-El India Private Limited.

The legal entities of MED-EL currently have 5 directors, including Alexei Iltchenko, Ingeborg Hochmair, Tejinder Singh and others.

The website of MED-EL receives about 258 thousand visits a month and ranks #202,661 among all websites worldwide.

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