Abilitech Medical
Abilitech Medical is a private medical device company founded in 2016 in Eden Prairie, Minnesota, that develops exoskeleton technology to assist individuals with spinal cord injuries and neuromuscular conditions with mobility and functional movement.
- Company typePrivate
- Founded2016
- HeadquartersEden Prairie, United States
- Headcount11–50
- GTM typeB2C
- OfferingHardware or Manufacturing
Abilitech Medical firmographics
Firmographics- Name
- Abilitech Medical
- Legal name
- Abilitech Medical
- Website
- https://abilitechmedical.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Abilitech Medical is a private medical device company founded in 2016 in Eden Prairie, Minnesota, that develops exoskeleton technology to assist individuals with spinal cord injuries and neuromuscular conditions with mobility and functional movement.
- Ownership category
- akta.pro rank
Abilitech Medical industry classification
Industry- Product category
- Rehabilitation & Assistive Medical Devices
- NAICS
- Surgical Appliance and Supplies Manufacturing (339113), Electromedical and Electrotherapeutic Apparatus Manufacturing (334510)
- SIC
- Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Electromedical & Electrotherapeutic Apparatus (3845)
- akta.pro primary industry
- Rehabilitation Therapy Equipment (PT/OT Modalities, Exercise & Balance Devices) (HLAHAMAG)
- akta.pro secondary industries
- Sports & Active Rehabilitation Devices (Adaptive Sports Mobility, Performance Prosthetics) (HLAHAMAJ), Prosthetics/Orthotics Rehab & Amputee Rehabilitation (HSADAIAN)
Keywords
Where Abilitech Medical is headquartered
LocationHeadquarters
- HQ city
- Eden Prairie
- HQ country
- United States
- HQ region
- North America
Markets served
Abilitech Medical business model
Business model- GTM type
- B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Technology or R&D, Personnel, Supply Chain, Operations, Marketing or Sales
Abilitech Medical product offering
Product offeringCore offering
Abilitech Medical designs, develops, and sells exoskeleton medical devices that assist individuals with spinal cord injuries and other neuromuscular conditions with mobility and functional movement. The company's core product focus is on exoskeleton hardware intended to enable greater independence for patients with upper-limb and functional impairments caused by spinal cord injury.
Differentiator
Problem solved
Functional benefit
Companies that use Abilitech Medical
Customer profileSegments1 record
Ideal customer profiles1 record
Abilitech Medical technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Abilitech Medical partnerships and signals
Strategic signalScale indicators1 record
Abilitech Medical competitors and assessment
Company assessmentDirect peers
- Ekso Bionics: Public exoskeleton developer with FDA-cleared devices for spinal cord injury and stroke rehabilitation. Directly competes with Abilitech in the same SCI exoskeleton category with similar end users and clinical use cases.
- ReWalk Robotics: Pioneer in wearable robotic exoskeletons for individuals with spinal cord injuries, with FDA clearance and established commercial channels. Closest direct competitor to Abilitech's SCI mobility-assistive exoskeleton.
- Parker Hannifin (Indego): Parker Hannifin's Indego product line is a powered exoskeleton for spinal cord injury and stroke patients, directly overlapping with Abilitech's target indication, customer base, and rehabilitation setting.
- Bionik Laboratories: Robotic rehabilitation technology company developing powered orthoses and rehabilitation devices for upper and lower extremities, overlapping with Abilitech's exoskeleton-based mobility assistance approach.
- Cyberdyne: Developer of the HAL (Hybrid Assistive Limb) exoskeleton for neuromuscular rehabilitation, including SCI and stroke. Directly comparable in technology category, though primarily serves the Japanese market.
Emerging players
- SuitX (US Bionics): Modular exoskeleton developer for industrial and medical applications, with a focus on occupational and mobility use cases. Comparable technology platform with overlapping SCI/mobility use cases but broader application set.
- Wandercraft: French robotics company developing self-balancing personal exoskeletons for individuals with mobility impairments, including SCI. Direct product category overlap with a different geographic focus.
- Hocoma: Swiss manufacturer of robotic and sensor-based rehabilitation devices for clinical use, including gait and arm therapy. Adjacent competitor serving the same rehabilitation clinics and patient populations Abilitech targets.
Broad incumbents
- Ottobock: Global leader in prosthetics, orthotics, and exoskeletal mobility solutions serving SCI, amputee, and rehabilitation markets. Broad incumbent with significantly larger scale and reimbursement infrastructure than Abilitech.
- Honda Motor (Walking Assist): Honda's Walking Assist Device is a wearable exoskeleton for gait assistance, often applied in rehabilitation settings. Broad incumbent with automotive-scale R&D, though exoskeletons are a small piece of its portfolio.
Market position
Customer concentration
Abilitech Medical financial estimates
Financial estimateRevenue estimate
Valuation estimate
Abilitech Medical leadership team
Management profileNumber of profiles
Profiles1 record
Abilitech Medical funding detail
Funding detailFunding overview
Funding rounds4 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Abilitech Medical M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Abilitech Medical
What does Abilitech Medical do?
Abilitech Medical designs, develops, and sells exoskeleton medical devices that assist individuals with spinal cord injuries and other neuromuscular conditions with mobility and functional movement. The company's core product focus is on exoskeleton hardware intended to enable greater independence for patients with upper-limb and functional impairments caused by spinal cord injury.
Is Abilitech Medical a public or private company?
Abilitech Medical is a private company. It is classified as venture growth investor backed and is currently operating.
When was Abilitech Medical founded?
Abilitech Medical was founded in 2016. It employs 11 to 50 people.
Where is Abilitech Medical based?
Abilitech Medical is headquartered in Eden Prairie, United States, in the North America region.
Who are Abilitech Medical's main competitors?
Direct peers on record are Ekso Bionics, ReWalk Robotics, Parker Hannifin (Indego), Bionik Laboratories and Cyberdyne. Emerging players are SuitX (US Bionics), Wandercraft and Hocoma. Broad incumbents are Ottobock and Honda Motor (Walking Assist).
Does Abilitech Medical have an API?
No public API is recorded for Abilitech Medical.
What industry is Abilitech Medical in?
Abilitech Medical's product category is Rehabilitation & Assistive Medical Devices. Its primary akta.pro industry code is HLAHAMAG, Rehabilitation Therapy Equipment (PT/OT Modalities, Exercise & Balance Devices), with a secondary code of HLAHAMAJ, Sports & Active Rehabilitation Devices (Adaptive Sports Mobility, Performance Prosthetics). Its NAICS code is 339113 and its SIC code is 3842.