Ossur hf - Company Profile
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Ossur hf (Ossur) is an orthopedic device company. It designs, develops, manufactures, and sells prosthetics, and bracing and support products. The company also has vast expertise in compression therapy. It offers ankle and foot supports, neck and spine support products and walkers; knee braces, compression socks, thighs and bandages; and an extensive range of premium lower limb prosthetics, including liners, knees, and feet. It has manufacturing facilities in the Americas, Europe, the Middle East and Africa, and Asia-Pacific. The company distributes its products through its subsidiaries and also through a network of distributors. Ossur is headquartered in Reykjavik, Iceland.
Headquarters
Iceland
Address
Grjothals 5, Reykjavik, 110
Website
www.ossur.com
Telephone
354 5 151300
No of Employees
3,999
Industry
Medical Equipment
Ticker Symbol & Exchange
OSSR (CPH)
Revenue (2022)
$785.7M
9.3%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
37.3%
(2022 vs 2021)
Market Cap*
$1.8B
Net Profit Margin (2022)
XYZ
25.5%
(2022 vs 2021)
* As of and is in US$
Ossur hf premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Prosthetic Solutions: | CTi |
| Lower-limb Prosthetic Components | Connect |
| Upper-limb Prosthetic Components | Direct Socket |
| 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 | Corporate Changes/Expansions | In February, the company launched a new parent organization named Embla Medical and changed the name of the Ossur hf. entity to Embla Medical hf. |
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company entered into an agreement to acquire Fior & Gentz. |
| 2022 | Acquisitions/Mergers/Takeovers | In August, the company acquired Naked Prosthetics, a provider of durable, custom and functional finger prostheses for finger and partial hand amputees. |
Competitor Comparison
| Key Parameters | Ossur hf | Bauerfeind USA Inc | Breg Inc | DJO Global Inc | Otto Bock HealthCare GmbH |
|---|---|---|---|---|---|
| Headquarters | Iceland | United States of America | United States of America | United States of America | Germany |
| City | Reykjavik | Atlanta | Carlsbad | Carlsbad | Duderstadt |
| State/Province | - | Georgia | California | California | Niedersachsen |
| No. of Employees | 3,999 | - | 1,200 | 7,000 | 8,199 |
| Entity Type | Public | Private | Private | Private | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Niels Jacobsen | Chairman | Executive Board | 2006 | 67 |
| Sveinn Solvason | President; Chief Executive Officer | Senior Management | 2022 | 46 |
| Gudny Arna Sveinsdottir | Chief Financial Officer | Senior Management | 2022 | 58 |
| Lukas Marklin | Chief Operating Officer | Senior Management | 2023 | 50 |
| Olafur Gylfason | Chief Commercial Officer | Senior Management | 2022 | 55 |
| 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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