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Ottobock

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Ottobock
NameOttobock
TypePrivate
IndustryMedical technology
Founded1919
FounderOtto Bock
HeadquartersDuderstadt, Germany
Key peopleHans Georg Näder
ProductsProsthetic limbs, Orthotics, Wheelchairs
Revenue€967 million (2020)
Num employees7,000
Websiteottobock.com

Ottobock is a leading global medical technology company that specializes in the development, manufacture, and distribution of prosthetic limbs, orthotics, and wheelchairs. Founded in 1919 by Otto Bock in Berlin, Germany, the company has a long history of innovation and has worked with renowned institutions such as the University of California, Los Angeles and the German Research Foundation. Ottobock has collaborated with notable organizations like the International Paralympic Committee and the World Health Organization to improve the lives of people with disabilities. The company's products have been used by famous Paralympic Games athletes, including Tatyana McFadden and Marlee Matlin.

History of Ottobock

The history of Ottobock began in 1919 when Otto Bock founded the company in Berlin, Germany. During World War I, Otto Bock developed his first prosthetic limbs to help injured soldiers, and later, he worked with the Red Cross to provide orthotics and prosthetics to those in need. In the 1950s, Ottobock introduced its first myoelectric prosthetic arm, which was developed in collaboration with the University of Heidelberg and the Max Planck Society. The company has since expanded its operations to over 50 countries, including the United States, China, and India, and has worked with notable researchers from institutions like the Massachusetts Institute of Technology and the University of Cambridge.

Products and Services

Ottobock offers a wide range of products and services, including prosthetic limbs, orthotics, and wheelchairs. The company's prosthetic limbs are designed to provide individuals with amputations with greater mobility and independence, and have been used by athletes competing in the Paralympic Games and the Invictus Games. Ottobock's orthotics are designed to help individuals with musculoskeletal disorders and other conditions, and have been used in conjunction with treatments developed by the National Institutes of Health and the Mayo Clinic. The company's wheelchairs are designed to provide individuals with mobility impairments with greater freedom and independence, and have been used by individuals such as Stephen Hawking and Christopher Reeve.

Research and Development

Ottobock is committed to research and development, and has collaborated with renowned institutions such as the University of Oxford and the Stanford University to develop new and innovative products. The company's research and development team has worked with notable researchers, including Stephen M. Levin, a leading expert in prosthetics and orthotics, and Robert Riener, a renowned expert in rehabilitation robotics. Ottobock has also partnered with organizations such as the National Science Foundation and the European Research Council to develop new technologies and treatments. The company's research has been published in leading scientific journals, including the Journal of Prosthetics and Orthotics and the IEEE Transactions on Neural Systems and Rehabilitation Engineering.

Company Structure and Operations

Ottobock is a private company headquartered in Duderstadt, Germany, and is led by Hans Georg Näder, the grandson of the company's founder. The company has operations in over 50 countries, including the United States, China, and India, and employs over 7,000 people worldwide. Ottobock has a strong commitment to social responsibility, and has partnered with organizations such as the United Nations and the Red Cross to provide prosthetic limbs and orthotics to individuals in need. The company has also collaborated with notable companies, including Microsoft and IBM, to develop new technologies and treatments.

Awards and Recognition

Ottobock has received numerous awards and recognition for its innovative products and services. The company has been recognized as one of the most innovative companies in Germany by the German Ministry of Education and Research, and has received awards from organizations such as the International Federation for Medical and Biological Engineering and the American Academy of Orthopaedic Surgeons. Ottobock's products have been used by famous athletes, including Tatyana McFadden and Marlee Matlin, and have been featured in leading media outlets, including the New York Times and the BBC. The company has also been recognized for its commitment to social responsibility, and has received awards from organizations such as the United Nations and the World Health Organization. Category:Medical technology companies