COMPANY PROFILE -Institut Straumann AG
Business Sector :Medical Equipment & Supplies Manufacturing Industry
Operating Geography :Switzerland, Europe, Global
About Institut Straumann AG :
Institut Straumann AG is headquartered in Basel, Switzerland and is part of the Medical Equipment & Supplies Manufacturing Industry. Straumann Group designs, produce and distributes dental implants, instruments, biomaterials, CADCAM prosthetics, computer devices, software, and transparent aligners for use in repair, restorative, orthodontic, and preventative dentistry. In 1954, the company started in the Swiss village of Waldenburg with the establishment of a research institute named after its founder, Dr Ing. Reinhard Straumann. In cooperation with the International Team for Implantology (ITI) and the Instituto Latino Americano de Pesquisa e Ensino Odonatologist, the Straumann Group also provides services to the dental profession worldwide, including training and education (ILAPEO). Via a large network of distribution subsidiaries and distributors, the company's goods and services are available in over 100 countries. On 26 March, 2021, Straumann Group signed an investment agreement with Shanghai Xin Zhuang Industrial Park (SHXIP) to construct its first campus in China, which will combine manufacturing, education, and innovation in dentistry.
Institut Straumann AG's Unique Selling Point or USP lies in it being the world leader in implantology, offering cutting-edge technologies that are known as industry benchmarks and revolutionary technical breakthroughs, all of which are backed up by long-term scientific proof. Institut Straumann AG's vision statement reads, "Our vision is: more than creating smiles, restoring confidence – we want to be the partner of choice in esthetic dentistry".
Institut Straumann AG Revenue :
CHF 1.42 billion – FY ended Dec 2020
CHF 1.59 billion – FY ended Dec 2019
Competitive Analysis of Institut Straumann AG
The SWOT analysis for Institut Straumann AG is presented below in a matrix followed by the detailed analysis report
Strengths | Weaknesses |
1. Leadership in Implant Dentistry
2. Established portfolio in digital dentistry
3. Strong market growth and increasing expansion with time
4. Rapidly expanding clear aligner business and other products of orthodontics
| 1. Involved in litigations and patent disputes |
Opportunities | Threats |
1. Innovative solutions to drive future Growth
2. Innovative solutions to drive future Growth
3. Providing a total solution for aesthetic dentistry
4. Major growth opportunity in CAD/CAM prosthetics and Clear Aligners
| 1. Impact of Covid-19 on dental practices throughout the world
2. Impact of currency fluctuations on profitability
|
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Detailed SWOT Analysis of Institut Straumann AG
Strength
1. Leadership in Implant Dentistry: the Straumann group is leading the market for dental implants with a leading 26% share compared to its competitors. Among its competitors noted ones include Danaher, Zimmer Biotech, Henry Schein and Osstem. A major contributor towards maintaining its position in the implant market is the continuous innovation in this sector through its products Straumann BLX, Straumann Zygomatic suited for patients with high bone loss and is effective in providing primary stability in a shorter time interval post placement. StraumannTLX implant which has tissue level design with high primary stability was launched in January 2021 in Europe and NAM.
2. Established portfolio in digital dentistry: In recent times, digital dentistry is considered an advanced treatment form. Straumann Group too, keeping in line with the trend, invented the ‘Smile in a Box’ –a guided surgery & prosthetic design which has been made in a simple yet efficient and convenient way. The clinicians can offer implant treatment using a guided digital flow but without investing in digital training and use of special instruments. It can cover all type of cases from single tooth to full mouth restorations satisfying both the surgical and prosthetic requirements. All components required can be delivered in one box, on the day of surgery providing customized services depending on the need of the individual.
The remaining section under "Strength" is available only in the 'Complete Report' on purchase.
Weakness
This section is available only in the 'Complete Report' on purchase.
Opportunity
This section is available only in the 'Complete Report' on purchase.
Threats
This section is available only in the 'Complete Report' on purchase.
The PESTLE analysis for Institut Straumann AG is presented below in a table followed by the detailed analysis report
Political | Economical |
1. Impact of Brexit on the Swiss economy and Companies | 1. Rise in the per capita income and discretionary income in developing nations will create increased demand for dental services
2. Fluctuations in foreign exchange rates and currency and their impact on business
|
Social | Technological |
1. Increasing awareness for dental products and treatment can drive increased demand in the dental sector
2. Aging population will require tooth replacement in the near future increasing implant demand
| 1. ‘Immediacy in implant dentistry’
2. Promoting digital dentistry and use of CAD-CAM for better patient outcomes
3. Use of Ceramic technology to improve the healing process
|
Legal | Environmental |
1. False lawsuits over implant patent rights | 1. Promoting a sustainable environmental approach
2. Use of renewable energy sources and reduction in greenhouse emissions
|
On purchase the Institut Straumann AG SWOT and PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
Detailed Pestle Analysis of Institut Straumann AG
Political
This section is available only in the 'Complete Report' on purchase.
Economic
This section is available only in the 'Complete Report' on purchase.
Social
This section is available only in the 'Complete Report' on purchase.
Technological
1. ‘Immediacy in implant dentistry’:Immediacy simply means placing an implant immediately in the socket after extraction of the tooth and placing a prosthesis immediately on it. ‘Immediacy’ helps in addressing patient expectations by shortening time to teeth replacement, lowering the costs, reducing the number of surgery and clinic visits – which is highly advantageous during a pandemic. In 2020 the company introduced Zygomatic implants where implants are anchored in the Zygomatic bone instead of maxilla or mandible are highly useful in treating patients with resorbed jaw bones and totally supports immediacy as the Zygomatic bone provides firm stability and can be loaded immediately.
The remaining section under "Technological" is available only in the 'Complete Report' on purchase.
Legal
This section is available only in the 'Complete Report' on purchase.
Environmental
This section is available only in the 'Complete Report' on purchase.
On purchase the Institut Straumann AG SWOT and PESTLE Analysis PDF report will reach you within minutes. At rare times, a slight delay not exceeding 1 hour might be caused.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
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Check Out Analysis of Other Relevant Companies
References used in Institut Straumann AG SWOT & PESTLE Analysis Report
1 TogetherStrong Basel, 16 February 2021 2020 Annaul Report- https://www.straumann.com/content/dam/media-center/group/en/documents/presentation/2021/Straumann-2020-FY-Presentation.pdf
2. Full-year highlights - https://www.straumann.com/content/dam/media-center/group/en/documents/presentation/2019/Straumann_Group_Kepler_Cheuvreux_Swiss_Seminar_21_March_2019_Handout.pdf
3. Brexit - Economic Impact for Switzerland - https://www2.deloitte.com/ch/en/pages/finance/articles/brexit-economic-impact-for-switzerland.html#
4. BICON INC v. THE STRAUMANN COMPANY AG - https://caselaw.findlaw.com/us-federal-circuit/1344308.html
5. Pushing the boundaries - Kepler Cheuvreux Swiss Seminar 21 March 2019 - https://www.straumann.com/content/dam/media-center/group/en/documents/presentation/2019/Straumann_Group_Kepler_Cheuvreux_Swiss_Seminar_21_March_2019_Handout.pdf
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Institut Straumann AG SWOT and PESTLE analysis has been conducted by Dr.Fatema Sayeed and reviewed by senior analysts from Barakaat Consulting.
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