Össur

Össur hf.

Type	Public
Traded as	Nasdaq Iceland: OSSR
Industry	Health care
Founded	1971
Headquarters	Reykjavík, Iceland
Area served	Global
Key people	Jon Sigurdsson (President and CEO) Niels Jacobsen (Chairman) Sveinn Solvason (CFO)
Products	Non-invasive orthopaedic bracing and support, compression therapy, prosthetics
Revenue	US $436 million (2013)
Operating income	US $75.5 million (2013)
Profit	US $41 million (2013)
Total assets	US $706.2 million (2013)
Total equity	US $448 million (2013)
Number of employees	2300 (average, 2013)
Website	www.ossur.com

Össur is an Icelandic company that develops, manufactures and sells non-invasive orthopaedics equipment, including bracing and support products, compression therapy, and prosthetics. The company's headquarters is in Reykjavík, and it has offices in the Americas, Europe, and Asia, with distributors in other markets.

Össur was founded in Iceland in 1971 by Össur Kristinsson, a prosthetist. His family owned the company until 1999, when it went public and was listed on the . Initially, the company served only the domestic Icelandic market, and then began to export in 1986. It currently employs around 2,300 staff in 18 locations.

In 2006, the company was named as a "technology pioneer" by the World Economic Forum.

Since 2000, Össur has acquired 15 companies. The Gibaud Group operates autonomously.

Össur operates five research and development (R&D) departments in four countries, employing 76 people. In-house R&D also partners with third parties, including universities and research companies. In 2007, R&D investment amounted to 6 percent of the company’s total sales. The same year, 22 US patents were granted to Össur and 37 new applications filed. At the end of the year, Össur had 218 US, 26 European, and 103 granted international patents in its portfolio, together with 119 US and 239 pending applications world.

The company operates in three markets: bracing & support, compression therapy, and prosthetics including bionics technology. It manufactures a range of braces and support products for arms, legs, and torso. Products include Unloader One, a brace that provides mechanical support to reduce the knee pain caused by osteoarthritis. It's designed to separate bones when ligaments and cartilage are damaged, and to prevent further damage to the joint. The firm also makes the CTi (formerly sold as the CTi2), a ligament brace for knees used for both rehabilitation and for injury prevention, as well as cervical collars.