KARL STORZ SE & Co KG - Company Profile
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KARL STORZ SE & Co KG (Karl Storz) manufactures and distributes endoscopes, surgical devices, and medical instruments. The company offers rigid and flexible endoscopes, and other instruments for the field of human medicine used for neurosurgery; oral and maxillofacial surgery; ear, nose, and throat plastic surgery; cardiovascular surgery; anesthesiology and emergency medicine; thorax; gastroenterology and others. The company provides industrial endoscopes for non-destructive testing including video scopes, cameras, borescopes and documentation systems. It also offers endoscopy systems for all areas of veterinary medicine. The company markets products through a network of subsidiaries and distributors in the Americas, Europe, Africa, the Middle East, Asia, and Oceania. Karl Storz is headquartered in Tuttlingen, Germany.
Headquarters
Germany
Address
Dr.-Karl-Storz-Strasse 34, Tuttlingen, Baden-Wurttemberg, 78532
Website
www.karlstorz.com
Telephone
49 7461 7080
No of Employees
8,800
Industry
Medical Equipment
Revenue ()
$2.2B
KARL STORZ SE & Co KG premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Human Medicine: | On-site Service | KARL STORZ AIDA |
| Sialendoscopy | Hygiene | KARL STORZ OR1 |
| Medical Shock Wave Systems | Repair Service | EndoProtect1 |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
| XYZ | XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In April, the company announced its plans to acquire Asensus Surgical. |
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired Innersight Labs Ltd. |
| 2023 | Acquisitions/Mergers/Takeovers | In February, the company acquired AventaMed in Ireland. |
Competitor Comparison
| Key Parameters | KARL STORZ SE & Co KG | Surgical Innovations Group Plc | Aesculap Inc | B. Braun Melsungen AG | Endomed Endoskopie + Hygiene GmbH |
|---|---|---|---|---|---|
| Headquarters | Germany | United Kingdom | United States of America | Germany | Germany |
| City | Tuttlingen | Leeds | Center Valley | Melsungen | Pfungstadt |
| State/Province | Baden-Wurttemberg | West Yorkshire | Pennsylvania | Hessen | Hessen |
| No. of Employees | 8,800 | 90 | - | - | - |
| Entity Type | Private | Public | Private | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| H. C. Mult. Sybill Storz | Chairman | Non Executive Board | 2019 | - |
| Karl-Christian Storz | Chief Executive Officer | Senior Management | 2019 | - |
| Thorsten Molitor | Executive Vice President - Sales and Marketing; Executive Vice President - Research and Development | Senior Management | 2022 | - |
| Michael Trondle | Executive Vice President - Finance and IT | Senior Management | - | - |
| Sonal Matai | President - US | Senior Management | 2024 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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