Ottobock's asset
Ottobock

@ottobock.com

Ottobock bietet innovative Produkte in den Bereichen Prothesen, Orthesen, Rollstühle und Mobilität bei neurologischen Krankheiten.

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Description

Ottobock is a German company specializing in prosthetic and orthotic solutions. Founded in 1919 by Otto Bock, it has grown into a global leader in the field, offering a wide range of products and services to improve patients' mobility and quality of life. Headquartered in Duderstadt, Germany, Ottobock operates in more than 50 countries worldwide, with over 7,000 employees.


The company has a strong presence in the United States, Europe, and Asia, with subsidiaries and joint ventures in key markets. Notable examples include the Ottobock China subsidiary and the partnership with Össur, a leading Icelandic company in the orthotics and prosthetics industry. Ottobock's main products include prosthetic limbs, orthopedic braces, wheelchairs, and supporting hospital equipment.


The company's innovative approach and continuous commitment to research and development have led to the introduction of groundbreaking solutions, such as the C-Leg, a computer-controlled prosthetic knee joint. In terms of market position, Ottobock holds a significant share of the global market for prosthetic and orthotic solutions. It faces competition from other major players in the industry, including companies like Össur and Fillauer.


However, its extensive product portfolio, global reach, and strong brand reputation have contributed to its leadership position. Throughout its history, Ottobock has achieved several milestones. In 2017, the company unveiled the Proactive Discovery Approach, a strategic move aimed at leveraging new technologies and data science to better serve patients.


Ottobock has also received numerous awards and recognition for its innovative products and solutions. As of the latest available information, Ottobock continues to focus on research and development, aiming to further improve patients' lives through advanced prosthetic and orthotic solutions. The company actively seeks partnerships and collaborations to expand its global presence and enhance its product offerings.


In conclusion, Ottobock is a renowned German company with a rich history in providing prosthetic and orthotic solutions. With a strong global presence, a diverse product portfolio, and a commitment to innovation, it is well-positioned in the market and continues to evolve to meet the needs of patients worldwide

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Privately Held

Company Size

5001-10,000

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