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Martin Bionics Innovations

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uuid000hu1q

Namestring
Martin Bionics Innovations
Legal namestring
Martin Bionics Innovations, LLC
Company typeenum
Private
Founded yearint
2010
Descriptiontext

Martin Bionics Innovations, LLC is a privately held, Oklahoma City-based medical device and clinical services company founded by Jay Martin, CP, FAAOP, that develops and fits the Socket-less Socket, a fabric-based prosthetic socket system intended to replace rigid encapsulated bucket sockets. The technology, whose underlying materials and methods originated during a NASA exoskeleton collaboration, uses breathable, conforming webbing-based materials with self-adjustable fit that dynamically adapts to the residual limb in real time across all amputation levels from partial finger through hemipelvectomy. The product line spans Above Knee, Below Knee, Above Elbow, Below Elbow, Hip Disarticulation (Bikini Socket), and Shoulder Disarticulation configurations, supported by sub-systems such as SwingBrim, SharkSkin Suspension, AirHammock, and the ICON BK-Hybrid and cX-Hybrid configurations, with multiple registered trademarks and issued or pending patents on the core architecture.

The company operates a dual distribution model consisting of four company-owned Martin Bionics Clinical Care locations (Oklahoma City, Austin, Irving, and Tampa) and a Clinical Network of 250+ independent prosthetist partner clinics across the United States. Patient leads (hundreds per week) are generated through direct website/phone funnels and routed to network practitioners, while a Direct Clinical Services model allows Martin Bionics practitioners to join outside fittings by video. Revenue is generated from professional services delivered at owned clinics and from hardware/kit sales to network practitioners through an online ordering portal; Medicare, private insurance, and the VA reimburse the Socket-less Socket at parity with conventional rigid sockets, and cash-pay patients receive Care Credit financing and hardship adjustments. Socket-Soft fitting software and Martin Bionics Academy training courses (with CEUs) extend the company's reach globally and are positioned to serve an estimated 30 million amputees in developing nations.

Key customer outcomes the company reports include 3.3x higher comfort versus conventional rigid sockets, a 77% decrease in skin breakdown, a 94% increase in sitting comfort, a 42% increase in daily wear time, a 66% decrease in walker dependency, and a 94% patient recommendation rate; 31% of users are reported to have lost 10–65 pounds in the first year. The business is founder-led with an executive team that includes a COO (Seth Reiter), and the LLC structure shows no disclosed venture or institutional investment, indicating growth has been funded organically alongside minimal disclosed outside capital (a 2019 Praxis engagement with $0 reported).

Short descriptiontext

Martin Bionics Innovations is an Oklahoma City-based medical device and clinical services company that designs, manufactures, and fits the Socket-less Socket, a patented fabric-based prosthetic socket system replacing rigid conventional sockets, sold through four company clinics and a 250+ Clinical Network across the United States.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersOklahoma City, United States
HQ citystring
Oklahoma City
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices4 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
prosthetic socket systems, prosthetic clinical services, prosthetic fitting software, upper limb prosthetics, lower limb prosthetics
Industry1 code
1Prosthetic Components & Rehabilitation Accessories (Liners, Feet, Knees, Sockets)
CodeHLAHAMADPrimaryYes
NAICS code1 code
  • Surgical Appliance and Supplies Manufacturing339113
SIC code1 code
  • Orthopedic, Prosthetic & Surgical Appliances & Supplies3842
Product category
Prosthetic Devices
GTM motion3 records

Each record includes

Type, Description, Source

Revenue model3 records
1Prosthetic Socket Sales & Clinical Fitting Services
TypeProfessional Services
Description

Revenue generated through direct prosthetic socket sales and clinical fitting services delivered at company-owned Martin Bionics Clinical Care locations. Services cover the full range of amputation levels using Socket-less Socket™ technology, including consultation, custom fitting, and follow-up adjustments. Medicare, insurance, VA, and cash-pay options are accepted. The company notes that Socket-less Socket™ uses similar Medicare/insurance coding as conventional sockets and costs the same to insurance sources.

martinbionics.com
2Clinical Network Product Distribution
TypeHardware Sales
Description

Revenue from distributing Socket-less Socket™ components, kits, and training materials to independent Clinical Network practitioners who have been trained and certified to fit the technology. Network practitioners order products via the company's online ordering platform (order.martinbionics.com).

martinbionics.com
3Direct Clinical Services (Remote Collaboration)
TypeProfessional Services
Description

Remote clinical services where Martin Bionics practitioners join fittings via video call to support local practitioners, ensuring maximum comfort outcomes for patients fitted through the Clinical Network or outside clinics.

martinbionics.com
Marketing channels8 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels4 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales
Pricing details2 tiers
1Medicare/Insurance/VA Covered Fitting
ModelOtherBilling cadenceMulti-year contract
Notes

The Socket-less Socket™ is Medicare-approved, insurance-approved, and VA-approved. It uses the same billing codes as conventional rigid sockets, resulting in the same cost to Medicare, insurance, or VA as a conventional socket. Patient responsibility (copay, coinsurance, deductible) is determined by their specific insurance plan. Financial hardship adjustments may be available for qualifying patients.

martinbionics.com
2Cash Pay / Self-Pay Patients
ModelOne time/ perpetual licenseBilling cadencePay-as-you-go
Notes

50% down payment required before fabrication begins; remaining 50% due at delivery. Care Credit financing available for balances over $200 (6-month deferred interest), $500 (12-month deferred interest), and $1,000+ (24, 36, or 48-month options at 14.90%, 15.90%, and 16.90% APR respectively). Financial hardship waivers may be available for qualifying uninsured/underinsured patients on a case-by-case basis.

martinbionics.com
GTM typeB2B and B2C
B2B and B2C
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 11 records shown
1Socket-less Socket™
Description

The company's signature conforming prosthetic socket technology that replaces rigid conventional sockets with breathable, adjustable, hammock-like designs for amputees.

martinbionics.com
+10 more records
Core offering1 text field

Martin Bionics Innovations designs, manufactures, and clinically fits the Socket-less Socket™—a breathable, fabric-based prosthetic socket system that replaces rigid conventional bucket sockets for amputees across all amputation levels (above knee, below knee, above elbow, below elbow, hip disarticulation, hemipelvectomy, shoulder disarticulation). The company also provides Socket-Soft™ algorithm-based fitting software, MB Adjust™ clinical training programs, and clinical fitting services delivered through company-owned Martin Bionics Clinical Care clinics and a 250+ partner Clinical Network of independent prosthetists across the United States.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 13 values shown
  • 3.3X more comfortable than conventional rigid sockets
+12 more records
Product overview1 text field

Martin Bionics Innovations offers the Socket-less Socket™ as its core product line — a portfolio of breathable, conforming prosthetic sockets that replace rigid conventional designs. The main product line includes socket variants for all amputation levels: Above Knee (transfemoral), Below Knee (transtibial), Above Elbow (transhumeral), Below Elbow (transradial), Hip Disarticulation/Bikini Socket™, and Shoulder Disarticulation/Fabric Shoulder Socket™. Supporting the core socket technology are sub-products and configurations including SwingBrim™ brim technology, SharkSkin Suspension™ for suspension without sleeves, AirHammock™ system, and the ICON BK-Hybrid™ configuration. The company also provides Socket-Soft™ fitting software for streamlined clinical configuration and operates a Clinical Network of 250+ trained clinics. Training programs (MB Adjust™ Kit Training) are available through Martin Bionics Academy for practitioners learning to fit the technology.

Product and service8 records
1Above Knee Socket-less Socket™
CategoryProsthetic Socket (Above Knee / Transfemoral)
Description

Transfemoral (above knee) and knee disarticulation prosthetic socket with open breathable design that dissipates heat; configurable with SwingBrim™ and cX-Hybrid™ options for transfemoral amputees.

2Below Knee Socket-less Socket™
CategoryProsthetic Socket (Below Knee / Transtibial)
Description

Transtibial (below knee) and Symes prosthetic socket with NASA-inspired lightweight design, featuring the ICON BK-Hybrid™ configuration and SharkSkin Suspension™ technology for transtibial amputees.

3Above Elbow Socket-less Socket™
CategoryProsthetic Socket (Above Elbow / Transhumeral)
Description

Transhumeral (above elbow) prosthetic socket with hammock-like fit to maximize myoelectric control, paired with the NASA-Inspired Vest Harness™ for body-powered upper-limb users.

4Below Elbow Socket-less Socket™
CategoryProsthetic Socket (Below Elbow / Transradial)
Description

Transradial (below elbow) prosthetic socket with conforming materials that provide stability, control, and consistent electrode contact for transradial amputees across all activity levels.

5Hip Disarticulation Bikini Socket™
CategoryProsthetic Socket (Hip Disarticulation / Hemipelvectomy)
Description

Patented lightweight socket for hip disarticulation and hemipelvectomy amputees, featuring Iliac Crest Stabilizers™ and integration with the Hammock Casting Stand™ for biomechanical stability and comfort.

6Fabric Shoulder Socket™
CategoryProsthetic Socket (Shoulder Disarticulation)
Description

Shoulder disarticulation and forequarter prosthetic socket using lightweight NASA-inspired mesh fabric with magnetic buckles, designed for single-handed donning and elimination of point-specific pressure.

7Socket-Soft™ Fitting Software
CategoryClinical Fitting Software
Description

Algorithm-based clinical fitting software that translates simple limb measurements into defined Socket-less Socket™ configurations, streamlining clinical fitting and providing a global training resource for prosthetists.

8MB Adjust™ Kit Training
CategoryClinical Training / Education
Description

Clinical training courses delivered through Martin Bionics Academy covering MB Adjust™ TF (transfemoral) and TT (transtibial) kit fitting, including Bikini Socket and SwingBrim modules for prosthetists.

Scale indicator18 records

Each record includes

Type, Value, Description, Source

Partnership3 partners
1NASA
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Martin Bionics was invited by NASA to transition its fabric-socket technology into the Space Program to help NASA create Ironman-like Exoskeleton suits for space and military applications. This collaboration led to the discovery and creation of new materials and methods for making prosthetics more comfortable, lightweight, durable, and breathable — which were subsequently transitioned into the Socket-less Socket™ clinical prosthetic technology. Many specific materials and methods used in the Socket-less Socket™ were created or discovered during the NASA engagement.

martinbionics.com
Strategic tierCoreTypeStrategic or Co-development Partner
Description

Care Credit is offered as the primary patient financing option for managing out-of-pocket costs (copays, coinsurance, deductibles). Available for balances over $200 (6-month deferred interest), $500 (12-month deferred interest), and $1,000+ (24, 36, or 48-month options). Care Credit is prominently featured in the company's Patient Financial Responsibility Policy.

Strategic tierCoreTypeTechnology or Integration
Description

Socket-Soft™ (socket-soft.com) is the company's proprietary online fitting software platform that serves as the training and fitting tool for the Socket-less Socket™ technology globally. It is integrated into the Clinical Network workflow and enables prosthetists worldwide to learn and practice Socket-less Socket™ fitting techniques.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers8 records
TypeDirect peer
Description

Manufacturer of prosthetic feet, knees, and adapters sold through certified prosthetists. Comparable as a US-based specialty prosthetic component vendor addressing the same patient and practitioner base.

TypeBroad incumbent
Description

Global leader in prosthetics (including the Touch Bionics and RHEO KNEE lines) and a direct competitor in prosthetic sockets and components. Össur is a broad incumbent with overlapping socket, knee, and foot products serving the same amputee population, but operates a much wider orthopedic portfolio.

TypeBroad incumbent
Description

One of the largest global manufacturers of prosthetic components and orthotic devices, including sockets, liners, knees, and feet. Comparable because it sells into the same prosthetist channel and patient population as Martin Bionics, but competes primarily with rigid socket systems and micro-processor knees.

TypeDirect peer
Description

US-based manufacturer of prosthetic liners, sockets, and components (e.g., the WillowWood One System, Alpha liners). Directly comparable to Martin Bionics as a specialist in prosthetic socket and interface products sold through the same prosthetist channel.

TypeDirect peer
Description

Prosthetic component manufacturer offering feet, knees, and upper-limb devices, plus the Single Socket System and Hosmer product lines. Direct peer in the prosthetic socket and component space with shared prosthetist customers.

TypeDirect peer
Description

One of the largest US prosthetic and orthotic clinical services providers, fitting amputees with sockets and devices nationwide. Comparable because it operates the patient-facing fitting infrastructure that overlaps with Martin Bionics Clinical Care and could potentially offer or co-fit the Socket-less Socket™.

TypeEmerging player
Description

Specialty manufacturer of mechanical partial-finger and hand prosthetics for traumatic amputees. Comparable because it serves the same amputee population with a focus on functionally differentiated, body-driven devices sold through prosthetists, but with a narrower product focus.

TypeEmerging player
Description

US-based developer of the Rush Foot line of prosthetic feet and related components, founded by a prosthetist. Comparable as a clinician-founded niche prosthetic component innovator serving the same prosthetist channel with differentiated IP-driven products.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers3 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature13 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Martin Bionics Innovations

Prosthetic Devicesmartinbionics.com

Martin Bionics Innovations is an Oklahoma City-based medical device and clinical services company that designs, manufactures, and fits the Socket-less Socket, a patented fabric-based prosthetic socket system replacing rigid conventional sockets, sold through four company clinics and a 250+ Clinical Network across the United States.

What Martin Bionics Innovations does

Martin Bionics Innovations, LLC is a privately held, Oklahoma City-based medical device and clinical services company founded by Jay Martin, CP, FAAOP, that develops and fits the Socket-less Socket, a fabric-based prosthetic socket system intended to replace rigid encapsulated bucket sockets. The technology, whose underlying materials and methods originated during a NASA exoskeleton collaboration, uses breathable, conforming webbing-based materials with self-adjustable fit that dynamically adapts to the residual limb in real time across all amputation levels from partial finger through hemipelvectomy. The product line spans Above Knee, Below Knee, Above Elbow, Below Elbow, Hip Disarticulation (Bikini Socket), and Shoulder Disarticulation configurations, supported by sub-systems such as SwingBrim, SharkSkin Suspension, AirHammock, and the ICON BK-Hybrid and cX-Hybrid configurations, with multiple registered trademarks and issued or pending patents on the core architecture.

The company operates a dual distribution model consisting of four company-owned Martin Bionics Clinical Care locations (Oklahoma City, Austin, Irving, and Tampa) and a Clinical Network of 250+ independent prosthetist partner clinics across the United States. Patient leads (hundreds per week) are generated through direct website/phone funnels and routed to network practitioners, while a Direct Clinical Services model allows Martin Bionics practitioners to join outside fittings by video. Revenue is generated from professional services delivered at owned clinics and from hardware/kit sales to network practitioners through an online ordering portal; Medicare, private insurance, and the VA reimburse the Socket-less Socket at parity with conventional rigid sockets, and cash-pay patients receive Care Credit financing and hardship adjustments. Socket-Soft fitting software and Martin Bionics Academy training courses (with CEUs) extend the company's reach globally and are positioned to serve an estimated 30 million amputees in developing nations.

Key customer outcomes the company reports include 3.3x higher comfort versus conventional rigid sockets, a 77% decrease in skin breakdown, a 94% increase in sitting comfort, a 42% increase in daily wear time, a 66% decrease in walker dependency, and a 94% patient recommendation rate; 31% of users are reported to have lost 10–65 pounds in the first year. The business is founder-led with an executive team that includes a COO (Seth Reiter), and the LLC structure shows no disclosed venture or institutional investment, indicating growth has been funded organically alongside minimal disclosed outside capital (a 2019 Praxis engagement with $0 reported).

Martin Bionics Innovations firmographics

Firmographics
Name
Martin Bionics Innovations
Legal name
Martin Bionics Innovations, LLC
Website
https://martinbionics.com
Company type
Private
Founded year
2010
Operating status
Operating
Headcount range
11–50 employees
Short description
Martin Bionics Innovations is an Oklahoma City-based medical device and clinical services company that designs, manufactures, and fits the Socket-less Socket, a patented fabric-based prosthetic socket system replacing rigid conventional sockets, sold through four company clinics and a 250+ Clinical Network across the United States.
Ownership category
akta.pro rank

Martin Bionics Innovations industry classification

Industry
Product category
Prosthetic Devices
NAICS
Surgical Appliance and Supplies Manufacturing (339113)
SIC
Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)
akta.pro primary industry
Prosthetic Components & Rehabilitation Accessories (Liners, Feet, Knees, Sockets) (HLAHAMAD)

Keywords

  • Prosthetic socket systems
  • Prosthetic clinical services
  • Prosthetic fitting software
  • Upper limb prosthetics
  • Lower limb prosthetics

Where Martin Bionics Innovations is headquartered

Location

Headquarters

HQ city
Oklahoma City
HQ country
United States
HQ region
North America

Offices4 records

Markets served

Martin Bionics Innovations business model

Business model
GTM type
B2B and B2C
Offering type
Hardware or Manufacturing
Cost components
Personnel, Technology or R&D, Supply Chain, Operations, Marketing or Sales

Revenue model

  1. Prosthetic Socket Sales & Clinical Fitting Services: Revenue generated through direct prosthetic socket sales and clinical fitting services delivered at company-owned Martin Bionics Clinical Care locations. Services cover the full range of amputation levels using Socket-less Socket™ technology, including consultation, custom fitting, and follow-up adjustments. Medicare, insurance, VA, and cash-pay options are accepted. The company notes that Socket-less Socket™ uses similar Medicare/insurance coding as conventional sockets and costs the same to insurance sources.
  2. Clinical Network Product Distribution: Revenue from distributing Socket-less Socket™ components, kits, and training materials to independent Clinical Network practitioners who have been trained and certified to fit the technology. Network practitioners order products via the company's online ordering platform (order.martinbionics.com).
  3. Direct Clinical Services (Remote Collaboration): Remote clinical services where Martin Bionics practitioners join fittings via video call to support local practitioners, ensuring maximum comfort outcomes for patients fitted through the Clinical Network or outside clinics.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractMedicare/Insurance/VA Covered Fitting
One time/ perpetual licensePay-as-you-goCash Pay / Self-Pay Patients

Go-to-market motion3 records

Distribution channels4 records

Marketing channels8 records

Martin Bionics Innovations product offering

Product offering

Core offering

Martin Bionics Innovations designs, manufactures, and clinically fits the Socket-less Socket™—a breathable, fabric-based prosthetic socket system that replaces rigid conventional bucket sockets for amputees across all amputation levels (above knee, below knee, above elbow, below elbow, hip disarticulation, hemipelvectomy, shoulder disarticulation). The company also provides Socket-Soft™ algorithm-based fitting software, MB Adjust™ clinical training programs, and clinical fitting services delivered through company-owned Martin Bionics Clinical Care clinics and a 250+ partner Clinical Network of independent prosthetists across the United States.

Product overview

Martin Bionics Innovations offers the Socket-less Socket™ as its core product line — a portfolio of breathable, conforming prosthetic sockets that replace rigid conventional designs. The main product line includes socket variants for all amputation levels: Above Knee (transfemoral), Below Knee (transtibial), Above Elbow (transhumeral), Below Elbow (transradial), Hip Disarticulation/Bikini Socket™, and Shoulder Disarticulation/Fabric Shoulder Socket™. Supporting the core socket technology are sub-products and configurations including SwingBrim™ brim technology, SharkSkin Suspension™ for suspension without sleeves, AirHammock™ system, and the ICON BK-Hybrid™ configuration. The company also provides Socket-Soft™ fitting software for streamlined clinical configuration and operates a Clinical Network of 250+ trained clinics. Training programs (MB Adjust™ Kit Training) are available through Martin Bionics Academy for practitioners learning to fit the technology.

Differentiator

Problem solved

Functional benefit

Brands

  • Socket-less Socket™: The company's signature conforming prosthetic socket technology that replaces rigid conventional sockets with breathable, adjustable, hammock-like designs for amputees.
  • Bikini Socket™
  • SharkSkin Suspension™
  • SwingBrim™
  • ICON BK-Hybrid™
  • AirHammock™
  • Socket-Soft™
  • cX-Hybrid™
  • Iliac Crest Stabilizers™
  • Vest Harness™
  • Hammock Casting Stand™

Products and services

  • Above Knee Socket-less Socket™ Transfemoral (above knee) and knee disarticulation prosthetic socket with open breathable design that dissipates heat; configurable with SwingBrim™ and cX-Hybrid™ options for transfemoral amputees.
  • Below Knee Socket-less Socket™ Transtibial (below knee) and Symes prosthetic socket with NASA-inspired lightweight design, featuring the ICON BK-Hybrid™ configuration and SharkSkin Suspension™ technology for transtibial amputees.
  • Above Elbow Socket-less Socket™ Transhumeral (above elbow) prosthetic socket with hammock-like fit to maximize myoelectric control, paired with the NASA-Inspired Vest Harness™ for body-powered upper-limb users.
  • Below Elbow Socket-less Socket™ Transradial (below elbow) prosthetic socket with conforming materials that provide stability, control, and consistent electrode contact for transradial amputees across all activity levels.
  • Hip Disarticulation Bikini Socket™ Patented lightweight socket for hip disarticulation and hemipelvectomy amputees, featuring Iliac Crest Stabilizers™ and integration with the Hammock Casting Stand™ for biomechanical stability and comfort.
  • Fabric Shoulder Socket™ Shoulder disarticulation and forequarter prosthetic socket using lightweight NASA-inspired mesh fabric with magnetic buckles, designed for single-handed donning and elimination of point-specific pressure.
  • Socket-Soft™ Fitting Software Algorithm-based clinical fitting software that translates simple limb measurements into defined Socket-less Socket™ configurations, streamlining clinical fitting and providing a global training resource for prosthetists.
  • MB Adjust™ Kit Training Clinical training courses delivered through Martin Bionics Academy covering MB Adjust™ TF (transfemoral) and TT (transtibial) kit fitting, including Bikini Socket and SwingBrim modules for prosthetists.

Quantifiable outcome

  • 3.3X more comfortable than conventional rigid sockets
  • +12 more outcomes

Companies that use Martin Bionics Innovations

Customer profile

Named customers3 records

Segments2 records

Ideal customer profiles2 records

Martin Bionics Innovations technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature13 records

Martin Bionics Innovations partnerships and signals

Strategic signal

Partnerships

Three partnerships are on record, tiered core.

  • NASAcoreStrategic or Co-development PartnerMartin Bionics was invited by NASA to transition its fabric-socket technology into the Space Program to help NASA create Ironman-like Exoskeleton suits for space and military applications. This collaboration led to the discovery and creation of new materials and methods for making prosthetics more comfortable, lightweight, durable, and breathable — which were subsequently transitioned into the Socket-less Socket™ clinical prosthetic technology. Many specific materials and methods used in the Socket-less Socket™ were created or discovered during the NASA engagement.
  • Care CreditcoreStrategic or Co-development PartnerCare Credit is offered as the primary patient financing option for managing out-of-pocket costs (copays, coinsurance, deductibles). Available for balances over $200 (6-month deferred interest), $500 (12-month deferred interest), and $1,000+ (24, 36, or 48-month options). Care Credit is prominently featured in the company's Patient Financial Responsibility Policy.
  • Socket-Soft™ PlatformcoreTechnology or IntegrationSocket-Soft™ (socket-soft.com) is the company's proprietary online fitting software platform that serves as the training and fitting tool for the Socket-less Socket™ technology globally. It is integrated into the Clinical Network workflow and enables prosthetists worldwide to learn and practice Socket-less Socket™ fitting techniques.

Scale indicators18 records

Recent moves6 records

Expansion highlights5 records

Martin Bionics Innovations competitors and assessment

Company assessment

Direct peers

  • College Park Industries: Manufacturer of prosthetic feet, knees, and adapters sold through certified prosthetists. Comparable as a US-based specialty prosthetic component vendor addressing the same patient and practitioner base.
  • WillowWood: US-based manufacturer of prosthetic liners, sockets, and components (e.g., the WillowWood One System, Alpha liners). Directly comparable to Martin Bionics as a specialist in prosthetic socket and interface products sold through the same prosthetist channel.
  • Fillauer: Prosthetic component manufacturer offering feet, knees, and upper-limb devices, plus the Single Socket System and Hosmer product lines. Direct peer in the prosthetic socket and component space with shared prosthetist customers.
  • Hanger Clinic: One of the largest US prosthetic and orthotic clinical services providers, fitting amputees with sockets and devices nationwide. Comparable because it operates the patient-facing fitting infrastructure that overlaps with Martin Bionics Clinical Care and could potentially offer or co-fit the Socket-less Socket™.

Broad incumbents

  • Össur: Global leader in prosthetics (including the Touch Bionics and RHEO KNEE lines) and a direct competitor in prosthetic sockets and components. Össur is a broad incumbent with overlapping socket, knee, and foot products serving the same amputee population, but operates a much wider orthopedic portfolio.
  • Ottobock: One of the largest global manufacturers of prosthetic components and orthotic devices, including sockets, liners, knees, and feet. Comparable because it sells into the same prosthetist channel and patient population as Martin Bionics, but competes primarily with rigid socket systems and micro-processor knees.

Emerging players

  • Naked Prosthetics: Specialty manufacturer of mechanical partial-finger and hand prosthetics for traumatic amputees. Comparable because it serves the same amputee population with a focus on functionally differentiated, body-driven devices sold through prosthetists, but with a narrower product focus.
  • Ability Dynamics: US-based developer of the Rush Foot line of prosthetic feet and related components, founded by a prosthetist. Comparable as a clinician-founded niche prosthetic component innovator serving the same prosthetist channel with differentiated IP-driven products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Martin Bionics Innovations social profiles

Digital presence

Martin Bionics Innovations financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Martin Bionics Innovations leadership team

Management profile

Number of profiles

Profiles2 records

Martin Bionics Innovations funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Martin Bionics Innovations M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Martin Bionics Innovations

What does Martin Bionics Innovations do?

Martin Bionics Innovations designs, manufactures, and clinically fits the Socket-less Socket™—a breathable, fabric-based prosthetic socket system that replaces rigid conventional bucket sockets for amputees across all amputation levels (above knee, below knee, above elbow, below elbow, hip disarticulation, hemipelvectomy, shoulder disarticulation). The company also provides Socket-Soft™ algorithm-based fitting software, MB Adjust™ clinical training programs, and clinical fitting services delivered through company-owned Martin Bionics Clinical Care clinics and a 250+ partner Clinical Network of independent prosthetists across the United States.

Is Martin Bionics Innovations a public or private company?

Martin Bionics Innovations is a private company. It is classified as founder individual operated bootstrapped and is currently operating.

When was Martin Bionics Innovations founded?

Martin Bionics Innovations was founded in 2010. It employs 11 to 50 people.

Where is Martin Bionics Innovations based?

Martin Bionics Innovations is headquartered in Oklahoma City, United States, in the North America region.

How does Martin Bionics Innovations make money?

Three revenue lines are on record. Prosthetic Socket Sales & Clinical Fitting Services are the primary driver. The others are clinical Network Product Distribution and direct Clinical Services (Remote Collaboration).

Who are Martin Bionics Innovations's main competitors?

Direct peers on record are College Park Industries, WillowWood, Fillauer and Hanger Clinic. Broad incumbents are Össur and Ottobock. Emerging players are Naked Prosthetics and Ability Dynamics.

Does Martin Bionics Innovations have an API?

No public API is recorded for Martin Bionics Innovations.

What industry is Martin Bionics Innovations in?

Martin Bionics Innovations's product category is Prosthetic Devices. Its primary akta.pro industry code is HLAHAMAD, Prosthetic Components & Rehabilitation Accessories (Liners, Feet, Knees, Sockets). Its NAICS code is 339113 and its SIC code is 3842.

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