Orthotics

Myomo Announces Two German Social Court Rulings Ordering MyoPro® Reimbursement

Retrieved on: 
Monday, August 21, 2023

In each case, the courts confirmed that the MyoPro powered arm orthosis is an orthopedic aid that serves to directly compensate for disabilities.

Key Points: 
  • In each case, the courts confirmed that the MyoPro powered arm orthosis is an orthopedic aid that serves to directly compensate for disabilities.
  • In a previous ruling a social court ruled in favor of a plaintiff against DAK, Germany’s third-largest statutory health insurer.
  • We’re pleased that numerous social courts have confirmed the usefulness of the MyoPro for those with upper extremity impairment,” said John Frijters, Managing Director of Myomo Europe GmbH.
  • It is our expectation that as a result of these rulings, many affected Germans will now experience easier access to this orthopedic aid."

Steeper Group Join Global Patient Services Provider Eqwal Group

Retrieved on: 
Tuesday, February 28, 2023

LEEDS, England, Feb. 28, 2023 /PRNewswire/ -- Steeper Group is an expert in delivering Orthotic and Prosthetic patient care as well as being a global supplier of upper limb prostheses, and a strategic distributor partner for world-recognised brands.

Key Points: 
  • Today Steeper announce they have joined Eqwal Group, a global network of patient care service providers
    LEEDS, England, Feb. 28, 2023 /PRNewswire/ -- Steeper Group is an expert in delivering Orthotic and Prosthetic patient care as well as being a global supplier of upper limb prostheses, and a strategic distributor partner for world-recognised brands.
  • From 28th February Eqwal Group have agreed to acquire 100% of the shares in Steeper Group.
  • Eqwal Group is a global patient care services provider, employing over 1700 people with clinics across Europe and the USA, and is an international leader in 3D printing solutions and CAD/CAM systems.
  • Jean-Pierre Mahé, CEO at Eqwal said "Eqwal is proud to welcome Steeper Group to our worldwide network of patient care service providers.

Steeper Group Join Global Patient Services Provider Eqwal Group

Retrieved on: 
Tuesday, February 28, 2023

LEEDS, England, Feb. 28, 2023 /PRNewswire/ -- Steeper Group is an expert in delivering Orthotic and Prosthetic patient care as well as being a global supplier of upper limb prostheses, and a strategic distributor partner for world-recognised brands.

Key Points: 
  • Today Steeper announce they have joined Eqwal Group, a global network of patient care service providers
    LEEDS, England, Feb. 28, 2023 /PRNewswire/ -- Steeper Group is an expert in delivering Orthotic and Prosthetic patient care as well as being a global supplier of upper limb prostheses, and a strategic distributor partner for world-recognised brands.
  • From 28th February Eqwal Group have agreed to acquire 100% of the shares in Steeper Group.
  • Eqwal Group is a global patient care services provider, employing over 1700 people with clinics across Europe and the USA, and is an international leader in 3D printing solutions and CAD/CAM systems.
  • Jean-Pierre Mahé, CEO at Eqwal said "Eqwal is proud to welcome Steeper Group to our worldwide network of patient care service providers.

Global $9 Billion Prosthetics and Orthotics Markets to 2028: Size, Segments, Outlook, and Revenue Forecasts - ResearchAndMarkets.com

Retrieved on: 
Wednesday, January 11, 2023

Global Prosthetics and Orthotics Market was valued at US$ 6 billion in 2017.

Key Points: 
  • Global Prosthetics and Orthotics Market was valued at US$ 6 billion in 2017.
  • The growing prevalence of osteosarcoma along with the increase in disability rate is anticipated to propel the growth of the Global Prosthetics and Orthotics Market.
  • The Global Prosthetics and Orthotics Market face challenges due to the high cost of the devices and technologies of prosthetics.
  • The challenge faced by the Global Prosthetics and Orthotics Market is the lack of developed healthcare infrastructure in developed and under-developed economies.

Orthopedic Orthotic Devices Global Market Report 2022: Featuring Ossur, Breg, DeRoyal Industries, Truelife & More - ResearchAndMarkets.com

Retrieved on: 
Tuesday, December 20, 2022

The "Orthopedic Orthotic Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 To 2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Orthopedic Orthotic Devices Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022 To 2030" report has been added to ResearchAndMarkets.com's offering.
  • Additionally, the rising geriatric population with joint deformities and traumatic injuries will result in deep market penetration for orthopedic orthotic devices.
  • The limiting factors related to this market are the ineffective reimbursement policies deter the patients from availing orthotic devices for treatment and maintaining the orthotic devices such as cleaning, oiling, etc.
  • The growth of orthopedic orthotic devices market is determined by rising prevalence of chronic diseases such as osteoporosis, spondylitis and rheumatoid arthritis etc.

ROSALIND FRANKLIN UNIVERSITY RESEARCHER AWARDED $1.2 MILLION FOR STUDIES ON DIABETIC FOOT ULCERS AND PREVENTION OF FALLS

Retrieved on: 
Wednesday, December 7, 2022

NORTH CHICAGO, Ill., Dec. 7, 2022 /PRNewswire/ -- Rosalind Franklin University of Medicine and Science scientists have been awarded $1.2 million in research grants from the National Institutes of Health and the Department of Defense to investigate barriers to foot health and mobility.

Key Points: 
  • NORTH CHICAGO, Ill., Dec. 7, 2022 /PRNewswire/ -- Rosalind Franklin University of Medicine and Science scientists have been awarded $1.2 million in research grants from the National Institutes of Health and the Department of Defense to investigate barriers to foot health and mobility.
  • The National Institute of Diabetes and Digestive and Kidney Diseases awarded primary investigators Noah Rosenblatt , PhD, and Ryan Crews , PhD, a three-year, $848,596 grant to evaluate the impact of removable cast walker (RCW) designs on diabetic foot ulcer (DFU) healing.
  • But low adherence to the treatment predicts poor DFU healing, according to Dr. Rosenblatt.
  • "Dr. Rosenblatt's innovative research deserves this federal investment," said RFU's Executive Vice President of Research Ronald Kaplan, PhD.

Advanced Recovery Specialists Expands Leadership Team With New Hires

Retrieved on: 
Monday, August 22, 2022

MINNEAPOLIS, Aug. 22, 2022 /PRNewswire/ -- Advanced Recovery Specialists (advancedrecover.com), a telehealth leader in patient-first, non-narcotic, multimodal care, announced today the expansion of its leadership team. Between October 2021 and July 2022 the company has hired seven key professionals to join the organization, positioning the Edina, Minn.-based company to expand its reach and continue to achieve rapid growth.

Key Points: 
  • MINNEAPOLIS, Aug. 22, 2022 /PRNewswire/ -- Advanced Recovery Specialists ( advancedrecover.com ), a telehealth leader in patient-first, non-narcotic, multimodal care, announced today the expansion of its leadership team.
  • Dr. Kevin Parker, DC joined Advanced Recovery Specialists as a regional sales manager on July 25, 2022.
  • David Zauggjoined the Advanced Recovery Specialists team as senior director of operations on July 25, 2022.
  • Advanced Recovery Specialists Chief Executive Officer Nick Schwarzrock said, "We are delighted that these seven world-class professionals have joined our team.

The Story Behind Specialized Pet Solutions

Retrieved on: 
Monday, June 6, 2022

SPOKANE, Wash., June 6, 2022 /PRNewswire/ -- Specialized Pet Solutions is excited to share their beginnings.

Key Points: 
  • SPOKANE, Wash., June 6, 2022 /PRNewswire/ -- Specialized Pet Solutions is excited to share their beginnings.
  • "Prince, the three-legged pony, started it all," Angela Boncz, CEO and Founder of Specialized Pet Solutions, says.
  • Specialized Pet Solutions is always happy to consult with veterinarians prior to an amputation surgery to ensure the best possible placement for the animal.
  • To learn more about Angela and her company, Specialized Pet Solutions, visit https://www.specializedpetsolutions.com/

Global Rehabilitation Robots Market Report 2022: Market to Reach $1.8 Billion by 2026 from $566.5 Million in 2020

Retrieved on: 
Wednesday, April 6, 2022

DUBLIN, April 6, 2022 /PRNewswire/ -- The "Rehabilitation Robots - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, April 6, 2022 /PRNewswire/ -- The "Rehabilitation Robots - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Rehabilitation Robots estimated at US$566.5 Million in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2026, growing at a CAGR of 21.7% over the analysis period.
  • The U.S. Market is Estimated at $253.1 Million in 2021, While China is Forecast to Reach $268.7 Million by 2026
    The Rehabilitation Robots market in the U.S. is estimated at US$253.1 Million in the year 2021.
  • Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$45.9 Million by the year 2026.

Global Rehabilitation Robots Market Trajectory & Analytics Report, 2020-2021 & 2022-2026 - ResearchAndMarkets.com

Retrieved on: 
Monday, April 4, 2022

The "Rehabilitation Robots - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Rehabilitation Robots - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Rehabilitation Robots estimated at US$566.5 Million in the year 2020, is projected to reach a revised size of US$1.8 Billion by 2026, growing at a CAGR of 21.7% over the analysis period.
  • Ever-increasing demand from vulnerable population (disabled, elderly, infirm, paralyzed) as well as acute shortage of healthcare workers is driving growth in the market.
  • This segment currently accounts for a 24.7% share of the global Rehabilitation Robots market.