Invested:
May 2011
Sector:
Healthcare
Headquarters:
Fürth, Germany
Region:
Germany
Business:
Ophthalmology group
The Ober Scharrer Group is the leading ophthalmology group in Germany offering a broad spectrum of treatments to public and private patients. Key services provided are surgical treatments such as cataract operations and innovative treatments such as Intra Vitreal Operative Medication for degenerative eye disorders. The company employed 355 staff at seven regional outpatient centres and performed 28,000 ocular surgeries annually.
Ophthalmology is a niche market with stable growth of approximately 5-7% per annum driven by ageing populations and the development of new treatments. The majority of ophthalmic treatments are not performed in hospitals due to the ability of specialised outpatient centres to provide services more efficiently and cost effectively. The German industry is highly fragmented with the top three players owning a 4% market share thus presenting an opportunity for regional consolidation and national expansion. As the leading ophthalmology clinic group, OSG is ideally positioned to build out its market position to become a major national player.
OSG employs over 750 staff at thirteen regional outpatient centres and performs approximately 70,000 ocular surgeries annually.