Upper Limb Prosthetics companies

Key Upper Limb Prosthetics Market Players:

Below is the list of some prominent players operating in the global market:

• Össur (Iceland)
  • Company Overview
  • Business Strategy
  • Key Product Offerings
  • Financial Performance
  • Key Performance Indicators
  • Risk Analysis
  • Recent Development
  • Regional Presence
  • SWOT Analysis
• Ottobock (Germany)
• Fillauer LLC (U.S.)
• COVVI (U.K.)
• Open Bionics (U.K.)
• Touch Bionics (a Össur company) (U.S./UK)
• Shadow Robot Company (U.K.)
• Vincent Systems GmbH (Germany)
• Mobius Bionics (a DJO company) (U.S.)
• Naked Prosthetics (U.S.)
• Point Designs LLC (U.S.)
• UNYQ (U.S.)
• Psyonic, Inc. (U.S.)
• BionIT Labs (Italy)
• Rehabtronics Inc. (Canada)
• Mitsubishi Electric Corporation (Japan)
• B-Temia Inc. (Canada)
• Stochastic Pty Ltd (Australia)
• Bionic Prosthetics & Orthotics (India)

The global market is partially consolidated, wherein the established entities such as Ottobock and Össur lead through exclusive product portfolios and global distribution networks. Research & development focused on creating more intuitive devices, and mergers & acquisitions are a few strategies implemented by the pioneers to thrive in this field. In November 2024, Eqwal reported that it finalized its acquisition of LimbTex Ltd, which is a major player in the prosthetics and orthotics materials and equipment. Furthermore, this strategic move enhances Eqwal’s global capabilities by integrating LimbTex’s technical expertise, thereby enhancing its worldwide presence.

Corporate Landscape of the Upper Limb Prosthetics Market:

• Ottobock SE & Co. KGaA is the predominant leader in this field, which has a strong international presence due to its large product portfolio. The company’s strength lies in extensive R&D, large-scale production, and strong brand recognition. Genium arm, Michelangelo Hand, and DynamicArm are among their top products, hence solidifying their dominance over the global landscape.
• Össur hf is based in Iceland and holds an extremely strong position in bionic and myoelectric upper limb devices. The company also owns Touch Bionics, which produced the i-Limb line and has invested substantially in technologies such as AI‑sensor fusion, haptic feedback, etc. The firm’s R&D intensity and patent portfolio are the competitive advantages allowing it to emerge in this sector.
• Steeper Group is a UK-based prominent organization that is best known for advanced prosthetic hands and custom solutions. The firm also provides both standard myoelectric arms or hands and high-performance options and focuses strongly on patient customization, prompting a positive adoption rate.
• Fillauer LLC is based in the U.S, which is a specialist in prosthetic components which including upper limbs as well as sockets, joints, etc. It also established a footprint in the hybrid or modular device space, enabling custom fittings. The company plays a pivotal role in the domestic landscape owing to its reliability and compatibility with local prosthetic ecosystems
• Open Bionics is a recent entrant that is currently offering more affordable bionic (myoelectric) prosthetic arms, especially for below-elbow amputees, often making use of 3D printing, modular design, and lighter components. The firm emphasizes making prosthetics more accessible, especially for younger users or in settings with constrained budgets.