The Big Picture
2022 in Brief
Össur is a global leader in non-invasive orthopaedics; innovating, producing and providing advanced technological solutions to improve people’s mobility so they can live their Life Without Limitations®
Sales in 2022 by Product Segment
of sales
USD 351 million
Organic growth: 2%
FTEs: ~1,500
of sales
USD 306 million
Organic growth: 5%
FTEs: ~1,500
of sales
USD 62 million
Organic growth: 4%
FTEs: ~200
Organic growth
EBITDA margin before special items
Cash generated by operations
NIBD/EBITDA
HQ FTEs: ~700
Female in management postitions
Global employee satisfaction
Incident rate per 100 FTEs
Electricity from renewable energy sources
Gender Ratio
of employees trained in our Code of Conduct
The Big Picture
Year in Review
This year, we celebrated many notable achievements. The global commercial launch of the Power Knee™ at the beginning of the year, was an exciting milestone, followed by the addition of more waterproof products to our product portfolio. We are proud of these and many other accomplishments that embody the spirit of Life Without Limitations®.
The Big Picture
Össur at a Glance
Össur is a global leader in non-invasive orthopaedics; innovating, producing, and providing advanced technological solutions within the prosthetics and bracing & supports market. Our mission is to improve people’s mobility so they can live their Life Without Limitations®.
We Improve People's Mobility
Since the foundation of Össur in 1971, we have grown through a healthy combination of organic development and acquisitions, both in Prosthetics and Bracing & Supports. Össur has a strong presence in its industries and key markets and is well positioned to leverage future growth opportunities. Össur is listed on Nasdaq Copenhagen, has operations in 36 countries and has around 4,000 employees worldwide. Össur is signatory to the UN Global Compact, UN Women’s Empowerment Principles, contributes to the UN Sustainable Development Goals and has since 2021, been Carbon Neutral for scope 1 and 2, and selected scope 3 emissions.
Life Without Limitations®
We strive to create a Life Without Limitations for the many people who use our products and solutions. They are at the core of everything we do, and we specialize in providing qualitative and comprehensive solutions to a wide range of individual needs.
Our End-Users
We help individuals to advance their everyday life and pursue their goals. Prosthetics are used by people who were born with limb loss or limb difference, or who have had limbs amputated for a variety of reasons. Vascular diseases including diabetes as well as cancer, trauma, and congenital defects are some of the more common reasons. The users of our prosthetic products and solutions range from children to the elderly, and from low to high active people and successful athletes. Bracing & Supports are used by individuals who develop knee pain, are diagnosed with osteoarthritis in their joints, incur fractures to their ligaments or injure themselves causing movement impairment.
World Class Innovation Capabilities
Significant investment in research and development has resulted in over 2,000 patents, award-winning designs, successful clinical outcomes, and consistently strong market positions. Every year, we invest around 5% of sales in research and development to progress and enhance our product portfolio for the benefit of our end-users. Össur is a pioneer of advanced technology with top tier brand recognition based on quality and high reliability, providing scientifically proven solutions that deliver effective clinical outcomes. We emphasize listening to and learning from our end-users to develop successful products and solutions. By understanding their needs, through continuous development and pushing the boundaries of technology, we continue to create some of the best products and services available in Prosthetics and Bracing & Supports. In 2022, we introduced 15 new products to the market.
Our Product Segments
Össur operates within two market segments of the orthopaedic market; Prosthetics and Bracing & Supports. Prosthetic products include artificial limbs and related products for people with limb loss or limb difference while bracing & supports products are used to support joints and other body parts, both for preventive and therapeutic purposes.
Mechanical Products
People living with lower and upper limb loss and limb difference
Broad product offering of lower limb prosthetics and finger prostheses
Bionic Products
People living with lower and upper limb loss and limb difference
Advanced microprocessor controlled feet, knees, hands and fingers
Mechanical Products
Bionic Products
Injury Solutions
People recovering from fractures, ligament injuries or need a post operative treatment
Products stabilizing joints and improving healing
OA Solutions
People living with Osteoarthritis (OA)
Non-surgical treatment by unloading affected joint with braces
Injury Solutions
OA Solutions
Our Products
Prosthetics
Össur’s prosthetics product portfolio includes a range of premium lower and upper limb prosthetic components. The portfolio ranges from solutions to support low active individuals who may be challenged to maintain the ideal balance of safety, comfort, and mobility, to solutions designed to enable especially active people to excel and engage in high-impact activities.
Mechanical Products
Össur’s mechanical product portfolio includes lower limb prosthetics and finger prostheses.
Bionic Products
Össur’s bionic product portfolio includes advanced microprocessor-controlled feet, knees, hands, and fingers. The bionic products include integrated sensors, computing power, internal intelligence and actuators that help the individual to move more naturally. Sales of bionic products accounted for 21% of prosthetics component sales in 2022.
Bracing & Supports
OA solutions
Össur’s osteoarthritis (OA) solutions are designed to enhance quality of life, reduce pain, and improve mobility for people living with osteoarthritis. Össur offers the Unloader One® range of knee braces that relieve pain from knee osteoarthritis, as well as the Unloader® Hip which is designed to reduce pain by optimizing load dispersion for patients suffering from mild and moderate osteoarthritis of the hip.
Injury Solutions
Össur’s injury solutions are designed for people recovering from fractures, ligament injuries or for those in need of post-operative treatment solutions. These solutions are designed to support the healing process of bone and soft tissue injuries. Several of these products come with the Functional Healing® seal that signifies a clinically validated healing solution that helps enhance the body’s natural healing process while maximizing mobility.
Who are the end-users that benefit from our solutions?
Prosthetics
- People of all ages living with lower limb loss or limb difference
- People of all ages living with upper limb loss or limb difference
Bracing & Supports
- People that require post-operative treatment
- People in rehabilitation for PCL ruptures
- People requiring protection and joint stabilization
- People with joint injuries that require immobilization
- People with mild to severe osteoarthritis
- People seeking treatment for venous ulcers and swelling