@ossur.com
A Global leader in orthopaedics, Össur employs the smartest minds and the most advanced technologies to help keep people mobile.
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Össur is a global leader in non-invasive orthopedics, headquartered in Reykjavik, Iceland. The company was founded in 1971 by Össur Kristinsson, a prosthetist who aspired to improve the lives of individuals with limb loss or mobility limitations. Össur initially focused on developing prosthetic solutions and gradually expanded its portfolio to include braces, supports, and other orthopedic products.
The company's headquarters, located in Reykjavik, boasts modern facilities and houses various departments such as research and development, manufacturing, marketing, and administrative functions. Össur's headquarters serves as the nerve center of the company's global operations, overseeing its subsidiaries, joint ventures, and partnerships. Össur offers a wide range of products and services aimed at promoting mobility and enhancing quality of life.
Its product portfolio includes innovative prosthetic limbs, such as the BiOM and Rheo Knee, as well as orthopedic braces, supports, and compression stockings. The company is renowned for its advanced bionic technology, incorporating robotics and artificial intelligence into its prosthetic devices. On a global scale, Össur has a significant presence, with subsidiaries and distribution networks spanning across the Americas, Europe, Asia, and the Middle East.
Notable partnerships include collaborations with healthcare providers, research organizations, and national prosthetic associations. Össur's joint ventures with prosthetic manufacturers, such as Touch Bionics and Empower, have further strengthened its position in the market. In terms of market position, Össur is considered a pioneer and market leader in the orthopedic industry.
The company has consistently demonstrated strong financial performance, with annual global sales surpassing $500 million. Össur's commitment to innovation, patient-centric approach, and focus on research and development have enabled it to stay ahead of competitors. Össur has achieved several noteworthy milestones throughout its history.
In 2012, the company acquired Touch Bionics, a leading provider of upper-limb prosthetics. This strategic move expanded Össur's product offerings, reinforcing its position in the market. Additionally, Össur has received numerous accolades for its innovative products, including several Red Dot and iF Design Awards.
As of the latest available information, Össur continues to thrive and innovate in the orthopedic industry. The company places a strong emphasis on sustainability and ethical practices, aligning its operations with the United Nations Sustainable Development Goals. Össur remains committed to transforming lives through its cutting-edge solutions and enhancing the mobility and well-being of individuals worldwide
Company Type
Public Company
Company Size
1001-5000
Year Founded
1971
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