Ottobock SE & Co KGaA - Company Profile
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Ottobock SE & Co KGaA (Otto Bock), formerly Otto Bock HealthCare GmbH, is a manufacturer and distributor of disability products. It offers a range of prosthetic, orthotic, and other mobility aids and related equipment. Comprehensive distribution network, strong financial performance, and focus on R&D and digitization provide the company an edge over its competitors and strengthen its sales, even as its dependency on healthcare reimbursement systems could be a cause for concern. Launch of new products, capitalizing on demographic changes, and growing orthopedic devices market could present ample growth opportunities to the company. However, intense competition, rapid technological changes, and stringent regulations could affect Otto Bock’s business, operating results and financial condition.
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