
Zimmer Biomet is owned by Zimmer Biomet Holdings, Inc. (NYSE: ZBH), a publicly traded medical device company headquartered in Warsaw, Indiana. The Zimmer name dates to 1927, when Justin O. Zimmer founded the company in Warsaw; it merged with Biomet in 2015 for $14 billion. The brand covers knee and hip implants, trauma and extremities products, dental, and the ROSA surgical robot, with fiscal 2025 revenue of approximately $8.2 billion.
Parent Company
Founded
1927
Status
Publicly Traded
Headquarters
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Zimmer Biomet | Zimmer Biomet Holdings, Inc. | Wholly owned |
Justin O. Zimmer founded Zimmer Manufacturing in 1927 in Warsaw, Indiana, initially producing aluminum splints. The company pivoted to orthopedic implants and grew into one of the dominant names in joint replacement, making Warsaw a global center of the orthopedic industry.
Zimmer spent most of the 20th century building its implant business through internal development and acquisitions, becoming the largest knee and hip implant maker in the US. In 2001 it was spun off from Bristol-Myers Squibb's medical division as an independent public company.
The 2015 acquisition of Biomet, the private equity-owned rival also headquartered in Warsaw, for approximately $14 billion combined two of the top orthopedic implant companies. The deal nearly doubled the business and created the current Zimmer Biomet entity, consolidating brands including Biomet's implant lines, the company's sports medicine business, and its dental unit.
Under CEO Ivan Tornos, the company has focused on surgical robotics through its ROSA platform, acquired foot and ankle specialist Paragon 28 in 2025, and navigated tariff and supply chain pressures. Fiscal 2025 revenue was approximately $8.2 billion.
Is Zimmer Biomet publicly traded?
Yes. Zimmer Biomet Holdings, Inc. trades on the New York Stock Exchange under the ticker symbol ZBH. The company is also listed on the SIX Swiss Exchange. Zimmer Biomet is a component of the S&P 500 index. The company was first spun off from Bristol Myers Squibb in August 2001 and has been independently traded since then.
When was Zimmer Biomet founded?
Zimmer Biomet traces its origins to 1927, when Justin O. Zimmer founded Zimmer Manufacturing Company in Warsaw, Indiana, to produce aluminum splints. The modern Zimmer Biomet Holdings, Inc. was incorporated in Delaware in 2001 and was formed through the acquisition of Biomet, Inc. in June 2015, at which point the company changed its name from Zimmer Holdings, Inc. to Zimmer Biomet Holdings, Inc.
Where is Zimmer Biomet headquartered?
Zimmer Biomet is headquartered at 345 East Main Street, Warsaw, Indiana 46580, USA. Warsaw, Indiana, is a major hub for the orthopedic device industry, with Zimmer Biomet as one of its anchor companies. The company operates manufacturing and distribution facilities across the United States, Europe, Asia, and Latin America.
What products does Zimmer Biomet make?
Zimmer Biomet manufactures orthopedic reconstructive products (knee, hip, shoulder, elbow replacements), sports medicine and biologics products, extremities and trauma products, craniomaxillofacial and thoracic products, bone cement, surgical products, and integrated digital and robotic technologies. Key product platforms include ROSA Robotic Solutions, Persona OsseoTi Keel Tibia, Oxford Cementless Partial Knee, Z1 Femoral Hip System, and iTaperloc Complete and iG7 Hip System with iodine-treated implants.
What are Zimmer Biomet's major acquisitions?
Zimmer Biomet's most significant acquisition was Biomet, Inc. in June 2015 for approximately $14.0 billion, which created the current company. Other major acquisitions include Centerpulse AG (2003, $3.2 billion), LDR Holding Corporation (2016, $1 billion), Paragon 28 (April 2025, $1.2 billion), OrthoGrid Systems (2024), Monogram Technologies (2025), and the iovera pain therapy business from Pacira BioSciences (2026, $140 million).
What is ZimVie?
ZimVie Inc. (NASDAQ: ZVIE) is an independent public company that was spun off from Zimmer Biomet in March 2022. ZimVie operates Zimmer Biomet's former spine and dental business. The spin-off allowed Zimmer Biomet to focus on its core orthopedic reconstructive and sports medicine businesses. ZimVie is no longer part of Zimmer Biomet.
Who is the CEO of Zimmer Biomet?
Ivan Tornos serves as Chairman, President, and CEO of Zimmer Biomet. Tornos was appointed CEO in 2023, succeeding Bryan Hanson. Under Tornos's leadership, the company has focused on its "Magnificent Seven" innovation platforms, completed three transformative acquisitions, and initiated a transition to a direct sales model in the U.S.
What is Zimmer Biomet's revenue?
Zimmer Biomet reported FY2025 (ended December 31, 2025) net sales of $8.23 billion, up 7.2% from $7.68 billion in FY2024. Net earnings were $705.1 million, and adjusted net earnings were $1.63 billion. Diluted EPS was $3.55, and adjusted diluted EPS was $8.20. For Q1 2026, net sales were $2.09 billion, up 9.3%, with net earnings of $238.1 million and diluted EPS of $1.22.
Zimmer Biomet's implants and robotics earn regular recognition in orthopedic industry coverage, and its ROSA platform has been highlighted in surgical technology roundups. The company's Warsaw presence makes it the anchor of what the industry calls the Orthopedic Capital of the World, a manufacturing cluster it effectively created.
Medical implants carry inherent regulatory exposure, and Zimmer Biomet's recall history includes product corrections typical of the industry, including issues with certain hip implant components and surgical tools reported through FDA channels over the years. The company has also faced product liability litigation common to all major implant makers, particularly around knee and hip devices, though none has been fatal to its market position. It settled a US Foreign Corrupt Practices Act matter in the mid-2010s related to overseas subsidiary practices, a compliance issue it addressed through settlement.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Medtronic | USA | 2021 | Mass market | Global | All Genders | |
| Stryker | USA | 2004 | Market leader | Global | All Genders | |
| Zimmer Biomet | USA | 2010 | Mass market | Global | All Genders |
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Healthcare PharmaceuticalsOwned by Stryker Corporation
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Market Positioning: Zimmer Biomet competes with 3 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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