The largest manufacturer of orthopaedic medical products in Germany is Ottobock SE & Co. KGaA with a turnover of almost one billion euros. Under the Ottobock brand, the Otto Bock Group of Companies produces and markets orthopaedic solutions and is also active in information and communication technology (ICT). The company’s history began in 1919 with the entrepreneur Otto Bock in Berlin, who built up his business with prostheses – at the time a huge market in view of the many war-disabled people of World War I. The company has remained true to this business model to this day. Ottobock has more than 7,000 employees and is represented in over 50 countries. The headquarters were moved to Duderstadt after the 2nd World War. The company is 80 percent owned by the Näder family, descendants of the company founder. This article is based on the unique List of the 100 largest medical technology companies in Germany.
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Ottobock SE & Co KGaA in Duderstadt and Sycor in Göttingen
The business comprises two divisions, which are reflected in the Group structure: Prostheses and orthoses are manufactured directly by Ottobock SE & Co. KGaA, formerly Otto Bock HealthCare GmbH. The subsidiary Otto Bock Mobility Solutions GmbH emerged from Otto Bock HealthCare and produces wheelchairs, rehabilitation aids for children and seating products. Products in these areas account for over 90 percent of sales.
The ICT division is represented by the Sycor group of companies. Sycor was created in 1998 by spinning off the IT department of Ottobock. Today, the company employs more than 500 people and has an annual turnover of around 70 million euros. Sycor offers customers solutions in the areas of IT outsourcing, CRM (customer loyalty systems), e-commerce, Big Data and Internet of Things.Source: Listenchampion Picture source: Unsplash