Top 10 Start-up Companies Developing Robotic Prosthetic Arms

Here are top start-ups manufacturing robotic prosthetic arms and exoskeletons

The robotic prosthetic arms are a kind of robotic device that is capable of restoring the normal functions of the body part that is damaged either through trauma, disease, or by conditions at birth. Prosthetics are generally controlled by neural activity in the brain to restore motor function to where it feels natural. The robotic prosthetic arms are of various types for diverse goals in mind. But these goals depend on the site of the amputation as well as the need of the patient. A prosthetic arm works with an array of electrodes that picks up small electrical signals from the brain when the patient thinks about moving their arm and gives direction to the robotic arm to move or adjust accordingly. According to the latest research, the robotics market is likely to reach US$ 42.29 billion in terms of robot machines and US $ 138.03 billion in terms of robot systems by 2026 respectively. With these predictions, the demand for robotics and robotic prosthetic arms developing companies is gaining momentum. Here are the top 10 start-up companies developing robotic prosthetic arms.  

Sarcos Robotics

Sarcos Robotics is the world’s pioneer in the design, development, and deployment of highly mobile robots that can combine human intelligence with robotic strength. It is headquartered in the USA. It is a robotics company that develops wearable and teleoperated industrial robotics that is capable of improving the safety and productivity of its users. The company enables the workforce of the future with agile robotic systems that can prevent injuries, save lives and also create new possibilities. The funding of the company is about the US $96.1 million.  

Ekso Bionics

Ekso Bionics is a pioneer company in the field of robotic exoskeletons, ranging from wearable robots to augment human strength, endurance, and mobility. It is headed in the USA. The company develops wearable exoskeletons for civilian, military, and medical uses. It has funding of about US $70.8 million.  

ReWalk Robotics

ReWalk Robotics is a medical device company that creates and designs powered solutions that provide gait training and mobility for lower limb disabilities. It is headquartered in the USA. The system is powered by a backpack battery and is controlled by a simple wrist-mounted remote that detects and enhances the user’s movements. The funding of the company is nearly up to the US $ 57.4 million.  

Synchron

Synchron is a brain-computer interface platform company that is leading the field of implantable neural interface technology, heading the development of endovascular minimally invasive neuroprostheses to treat paralysis. The company is located in Australia. The company manufactures a medical device that can deliver the brain with a catheter to record neuron signals to control an advanced prosthetic. It has funding of about US $ 50 million.  

Xilloc Medical

Xilloc Medical is a company headquartered in the Netherlands. It designs and manufactures patient-specific medical devices, anatomical models, and surgical guides for bone reconstruction. The unique to the company is delivering its perfect fix, unique fixation, and suture system. The company aims to provide patient-specific implants to rebuild parts of the human skeleton.  

Mobius Bionics

Mobius Bionics is a medical device company aimed at bringing advanced prosthetic technologies into the market. It has designed a LUKE arm for upper-limb amputees. The company is fuelled by years of research-driven product development, bringing helpful products catering to the needs of the people and the market. The company is headquartered in the USA.  

Marsi Bionics

Marsi Bionics develops and sells self-adaptive gait exoskeletons and robotic orthoses for clinical rehabilitation and mobility assistance. It is recognized as a high-impact SME developing innovative therapies to cater to the healthcare sector. The company is headquartered in Spain. Marsi Bionics works towards the goal of providing the ability to walk for the people bound on wheelchairs.  

Cyberdyne

Cyberdyne Inc is a firm that is established to materialize the idea to use Robot Suit HAL in a way that benefits mankind in the areas of medicine, caregiving, welfare, and many more. The company is headquartered in Japan.  

SuitX

SuitX is a VC, funded by industry and a government company that brings advanced accessible exoskeletons to industrial and medical markets. It is headquartered in the USA.  

Open Bionics

Open Bionics is a company headquartered in the UK, developing affordable and open-source 3D printed bionic hands for amputees.