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Zimmer Biomet

Company Profile Analysis

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Zimmer Biomet - Healthcare showcase

Year Founded & Workforce

1927

19,000 Employees

Industry

Healthcare

Services

Tissue ProductsSports MedicineHammertoe Solution
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Zimmer Biomet Employee Contacts

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Zimmer Biomet Overview

Company Headquarters: Warsaw, Indiana, (US)

Founded: 1927

Workforce: 19,000+

Company Working: Zimmer develops, produces, and markets musculoskeletal healthcare products. It is a leading brand in providing customized joint and bone healthcare solutions. It offers products related to orthopedics, healthcare, medical instruments, medical technology, surgical instruments, medical supplies, medical devices, innovation, and signature solutions. The company is present in all major markets and holds significant market share in the global tissue engineering market.

Strategy

Zimmer strongly focuses on new product developments and innovation. Moreover, the company emphasizes on achieving growth through inorganic methods, i.e., mergers and acquisitions of small players. It also concentrates on vertical integration to support ongoing activities.

Company Snapshot

$7,668M

Revenue

19,000

Employees

1927

Founded

Warsaw, Indiana, (US)

Headquarters

SWOT Analysis

Strengths

  • Strong product portfolio
  • High quality products & services
  • Strong R&D team
  • Customer satisfaction

Weaknesses

  • Strategic investments
  • Cost cutting process
  • Zimmer Biomet has limited success ratio out of the core business
  • Zimmer has a limited success ratio out of the core business

Opportunities

  • Product portfolio diversification
  • Acquisitions and mergers
  • Entering emerging markets
  • New product launches
  • Strategic acquisitions and mergers

Threats

  • Saturating market
  • Government tax
  • Challenges in intellectual property rights and trademark
  • Shortage of skilled workforce

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Product Offering

  • Zimmer Biomet
    • Tissue Products
    • Sports Medicine
    • Hammertoe Solution

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Global Sales rose from USD 7,668 Mn in 2016 to USD 7,933 Mn in 2018.
Zimmer Biomet — By Business Segment
Series (USD Mn)201620172018
Global Sales7,6687,8037,933
R&D Expenses365.6369.9391.7

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