Ossur hf - Company Profile
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Business Description
Ossur hf (Ossur) designs, manufactures and sells non-invasive orthopedic products, specializing in prosthetics and bracing and support solutions. While the company’s products are available globally, the primary markets for the company are in North America and Europe. The company operates manufacturing facilities and offices across the Americas, Asia, and Europe, the Middle East and Africa (EMEA).
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R&D Overview
Ossur focuses on the development of new and innovative products to expand its product portfolio. It focuses its efforts on developing solutions intended for the large population of elderly amputees. It aims to deliver cost-effective medical solutions that add value to end-users and the healthcare system with each product. The company majorly focuses on five key competencies namely, Bionic Technology, Carbon Composites, Silicon, Mechanics and Injection Molding. In collaboration with third parties, Ossur has continued to research in the field of augmenting systems. As of December 2023, the company spent US$38.1 million on R&D. Ossur has more than 2,100 patents in its IP portfolio. In addition, Ossur is protected by over 650 trademark registrations.
Business Segments
Overview
Offers products that support joints and other body parts, for therapeutic and preventive purposes. It offers custom-made and off-the-shelf products with focus on osteoarthritis and injury solutions. The company supplies its products through direct sales force and distributors, and through Orthotic and Prosthetic(O&P) clinics and workshops. - Key products include spinal, knee, hip, foot, ankle and upper extremities support devices.
Performance
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Overview
Offers products and services offered in O&P clinics owned by Ossur. The main products distributed are prosthetics and bracing and support solutions, along with a range of other mobility aids.
Performance
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Overview
Develops and manufactures lower and upper limb prosthetic components. - It offers these products for high and low active lower-limb amputees, upper-limb amputees, children, and athletes with limb loss.
Performance
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Geographical Segments
Performance
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Performance
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Performance
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