Stemcup Medical Products AG was founded on November 1, 1994 by Xaver Kuoni, who was owner and general manager of Xaver Kuoni AG in Zurich. In 1999, the subsidiary, Stemcup Medical Procucts GmbH, was founded in Germany Stemcup Medical Products Austria GmbH was founded in 2003.
Stemcup originally obtained its hips products from the company Xaver Kuoni AG which was founded in 1968 and which produced implants and tools for third-party companies in the medical technology area. Because Xaver Kuoni was the main shareholder of both companies, the obvious thing seemed to be to combine the two companies for financial reasons. The merger was completed effective January 1, 2004.