Zimmer Biomet Holdings, Inc. is a Humankind 100 company whose ranking is based on its Humankind Value, a proprietary metric that provides an estimate of the overall dollar amount a company creates for investors, consumers, employees, and society at large.
Zimmer Biomet Holdings, Inc. is an American medical device manufacturer and developer. The company specializes in orthopedics products such as hip, shoulder, knee, ankle, and joint prosthetics.
(All values are in US Dollars, where M=Million, B=Billion, T=Trillion.)
Medical device research and development is responsible for substantive gains in length and quality of life, partly by fighting immobility via implantable technologies. Zimmer Biomet Holdings, Inc. is responsible for positive Humankind Value, primarily due to Medical Devices ($47.9 B), Medical Services ($3.7 B), and Economic Value ($2.4 B). The value associated with Medical Devices and Medical Services is linked to an estimate of 1,070,673.9 additional years lived by people worldwide. It produces economic value by offering to consumers goods and services that they value, paying employees for their labor in producing these goods and services, and providing value for shareholders. However, there is room for improvement with respect to Opioid Abuse (-$731.5 M) and Greenhouse Gases (-$340.5 M). Medical Devices is attached to this company as a result of its direct business activities. Medical Services, Economic Value, Opioid Abuse, and Greenhouse Gases are largely consequences of the actions of supply chain partners.