Össur

Össur was founded in Iceland in 1971 by a prosthetist named Össur Kristinsson. Initially serving mainly the native Icelandic market, the company began exporting in 1986 and developed swiftly via a series of smart acquisitions. The company develops, manufactures, and sells non-invasive equipment for orthopedics. The World Economic Forum titled the company a "technology pioneer" in 2006, and it is a signatory to the UN Global Compact, UN Women's Empowerment Principles, contributes to the UN Sustainable Development Goals, and will be carbon neutral in 2021.

Össur operates in three markets: bracing and support, compression therapy, and prosthetics which include bionics technology. It makes a range of braces and support equipment for the arms, legs, and torso. One of its main products - Unloader One is a brace that provides mechanical support to relieve knee discomfort caused by osteoarthritis. It is intended to separate bones when ligaments and cartilage are compromised and to avoid future joint injury. The company also manufactures the CTi (formerly known as the CTi2), a knee ligament brace used for both rehabilitation and injury prevention, as well as cervical collars.

Össur is the second-biggest company in Iceland. As of April 2023, Össur has a market cap of $1.89 Billion. According to Össur's latest financial reports, the company's current revenue (TTM) is $0.71 B. In 2021 the company made a revenue of $0.71 B an increase over the year 2020 revenue that was of $0.62 B. Now, Össur has operations in more than 30 countries worldwide and employs around 4000 employees.

Founded: 1971
Headquarters: Reykjavík, Iceland
Website: https://ossur.com