Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for the healthcare sector. As there is a large number of startups working on a wide variety of solutions, we want to share our insights with you. This time, you will discover 5 promising orthopedic device startups.
Heat Map: 5 Top Orthopedic Device Startups
Using our StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally, we looked at innovation in the field of healthcare. For this research, we identified 187 relevant solutions and picked 5 to showcase below. These companies were chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. Depending on your specific criteria, the top picks might look entirely different.
The Global Startup Heat Map below highlights 5 startups & scaleups developing innovative orthopedic devices. Moreover, the Heat Map reveals regions that observe a high startup activity and illustrates the geographic distribution of all 187 companies we analyzed for this specific topic.
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Manamed – Sequential Compression System
Deep vein thrombosis (DVT) is a common surgical complication that leads to the formation of blood clots in deep veins following orthopedic surgery. This condition contributes to long-term pain, swelling, and sores, and may even turn fatal in some cases. Medical device startups are working on solutions that forestall DVT development.
Manamed is a US-based startup that provides orthopedic devices. The startup develops PlasmaFlow, a sequential compression system for use at home or in clinic settings. The portable, tubeless, and lightweight solution comes with a long-lasting rechargeable battery. The device stimulates blood flow in the extremities that prevents the onset of DVT in patients.
Loci Orthopaedics – Orthopedic Implants
Certain orthopedic conditions are difficult to treat because of the relatively smaller or complicated bones and other structures. An example is thumb base arthritis, a condition that causes persistent pain and renders daily tasks, such as using a phone, difficult for the patients. Startups & scaleups are working on implants that mimic the functioning of small joints to address the need for orthopedic patients.
Irish startup Loci Orthopaedics develops medical devices to meet clinical needs in orthopedics. The startup’s InDx implant mimics the natural and complex motions of the thumb joint. It features two points of rotation that move together and independently of each other to enable the full range of natural thumb joint movements. The startup also builds OsteoAnchor, a 3D printed surface architecture that enhances the lifetime and stability of orthopedic implants.
Spentys – Patient-Specific Orthoses
Orthoses, also called orthotics, are medical devices that patients wear externally to support the musculoskeletal system. These need to fit the patient’s leg perfectly, however, custom-built orthotics take a long time, generally weeks, to manufacture. In response, startups are using advances in imaging technology and additive manufacturing to offer mass customization solutions that reduce both the time and cost it takes to produce orthoses.
Spentys is a Belgian startup that offers orthopedic immobilization devices. The startup’s platform provides mass-customized, 3D printed devices for orthopedic patients and helps surgeons create patient-specific orthoses faster and at lower costs.
Miach Orthopaedics – Bioengineered Surgical Implants
Anterior cruciate ligament (ACL) tear is one of the most common types of sports injuries. Reconstruction surgeries for this condition require healing of the graft side and come with risks of an allograft in case the tissue comes from a donor. Moreover, most patients are at high risk of re-tears due to a difficult recovery. Startups are working on solutions that heal these tears on-site and improve recovery time.
The US-based startup Miach Orthopaedics develops bioengineered surgical implants for connective tissue repair. The Bridge-Enhanced ACL Repair (BEAR) acts as a bridge that helps heal the torn ACL. The FDA-approved implant fits between the torn ends of the ACL and holds a small amount of the patient’s blood in the wound site.
Field Orthopaedics – Small Fractures
The treatment of small fractures is a complicated process due to the size limitations of surgical instruments. This can make it difficult for surgeons to precisely insert screws that facilitate the healing process. Startups and scaleups are working on new designs that overcome this challenge and improve the success of small fracture surgeries.
Field Orthopaedics is an Australian startup that designs and manufactures orthopedic devices. The FO micro screw offers a fully cannulated system of 1.5 mm and 2 mm screws ranging in length from 6 mm to 22 mm. The design maximizes compression and usability for small fracture management. The startup also develops other kinds of screws and implants for different orthopedic procedures.
What About The Other 182 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence and enable you to achieve your goals faster. The 5 orthopedic device startups showcased above are promising examples out of 187 we analyzed for this article. To identify the most relevant solutions based on your specific criteria, get in touch.
