Zimmer Biomet Holdings Inc - Company Profile

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Zimmer Biomet Holdings Inc: Segment Analysis

Business Description

Zimmer Biomet Holdings Inc (Zimmer Biomet) designs, manufactures, and commercializes reconstructive products; dental implants; sports medicine, biologics, extremities, and trauma products; spine, craniomaxillofacial and thoracic products; and related surgical products. It serves neurosurgeons, orthopedic surgeons, oral surgeons, dentists, hospitals, stocking distributors, healthcare purchasing organizations, healthcare dealers, and other specialists.

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R&D Overview

Zimmer Biomet focuses on the development of new surgical techniques, including robotic techniques, biologics, materials, and product designs. The company also focuses on developing new technologies and expanding its product categories through strategic alliances and acquisitions. In FY2022, Zimmer Biomet spent US$406 million on its R&D activities, which as a percentage of revenue, amounted to 5.9%. It has more than 2,100 employees working on its R&D activities. Its primary R&D facility is in Warsaw, Indiana; and other facilities are in China, Canada, France, Switzerland, and the US. At the end of 2022, Zimmer Biomet had over 6,000 issued patents and patent applications throughout the world.


Product Categories

Overview

Provides hip replacement products for the head of the femur and the socket portion of the pelvis (acetabulum) and products for primary, joint replacement and revision procedures. Major products include Zimmer M/L taper hip prosthesis, Taperloc hip system, Avenir Complete hip system, Arcos modular hip system, Continuum acetabular system and G7 acetabular system.

Performance

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Overview

Provides implants for total knee replacement surgery, which include a femoral component, a tibial tray, a patella (knee cap) and an articular surface (placed on the tibial tray). Major products include NexGen comprehensive knee solution, Persona the personalized knee system, Vanguard knee system, and Oxford partial knee. Envisages considerable investment to expand and enhance its knee portfolio. It also aims at expanding the use of its ROSA Robot to other product categories.

Performance

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Overview

Includes bone cement, surgical and office based technology products. Major products include Palacos 2 bone cement and SpinalPak non-invasive spine fusion stimulator system.

Performance

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Overview

Focuses on surgical, biologics, sports medicine, foot and ankle, extremities and trauma products. Its surgical products are used in various surgical procedures; sports medicine products to repair soft tissue injuries; foot and ankle and extremities products are used for the treatment of arthritic conditions and fractures in the foot, shoulder, ankle, elbow and wrist; biologics products are used as early intervention in joint preservation or in surgical procedures; and trauma products to stabilize damaged or broken bones and surrounding tissues. Major products include JuggerKnot soft anchor system; Gel-One Cross-linked hyaluronate; Zimmer Trabecular Metal reverse shoulder system; comprehensive shoulder; Zimmer natural nail system; and A.L.P.S. plating system Views product innovation as a critical factor for the growth of the segment.

Performance

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Geographical Segments

Target Markets

The US and other North, Central and South American markets.

Performance

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Target Markets

Japan, Korea, Australia, China, India, New Zealand, Thailand, Singapore, Taiwan, Hong Kong and Malaysia.

Performance

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Target Markets

France, Germany, Italy, Spain, the UK, Nordic, Switzerland, Benelux, Central and Eastern Europe, the Middle East and Africa.

Performance

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Gain a 360-degree view of Zimmer Biomet Holdings Inc and make more informed decisions for your business Gain a 360-degree view of Zimmer Biomet Holdings Inc and make more informed decisions for your business Find out more
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