OPED

What OPED does

OPED Australia is a privately held medical device and healthcare services company headquartered in Clayton, Victoria, operating through two divisions: oapl, Australia's largest provider of prosthetics and orthotics clinical services (35+ years), and OPC Health, a distribution division supplying musculoskeletal bracing, prosthetic limbs, compression garments, and clinical supplies to prosthetic, orthotic, and allied health professionals nationwide (40+ years). The company develops, manufactures, and sells orthoses centered on its patented VACO12 vacuum-based splint technology platform, anchored by the flagship VACOped orthosis launched in 1993, which replaced traditional plaster casts with a light, functional vacuum splint and remains the company's most successful product.

The VACO12 platform has been extended into a comprehensive range of bracing products for the feet, hands, shoulders, and knees for the treatment and recovery of acute injuries. OPED Australia operates as a regional entity within the global OPED group, which was founded in Germany in 1992 by engineer Andreas Haßler and orthopaedic surgeons Professor Peter Habermeyer and Stephan Habermeyer, and which now operates in 6 countries.

Revenue is generated through three streams: direct professional clinical services delivered via the oapl network (professional services revenue), sales of OPED-branded orthoses featuring VACO12 technology (hardware sales), and distribution of third-party healthcare products via OPC Health (hardware sales). The go-to-market combines direct clinical service delivery to patients with B2B distribution to allied health professionals. Pricing is not publicly disclosed. OPED is privately held, offers an employee shareholder program referencing its parent company's shares, and has 51-100 employees in Australia.

Name

OPED

Legal name

OPED

Website

https://oped.com.au

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

51–100 employees

Short description

OPED Australia operates two healthcare divisions: oapl, Australia's largest prosthetics and orthotics clinical service provider, and OPC Health, a nationwide medical products distributor. The company develops and sells orthoses featuring patented VACO12 vacuum splint technology for fracture and injury recovery.

Ownership category

akta.pro rank

Product category

Orthopedic Medical Devices

NAICS

Surgical Appliance and Supplies Manufacturing (339113), Offices of Physical, Occupational and Speech Therapists, and Audiologists (62134)

SIC

Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Orthotics & Bracing (AFO/KAFO, Spinal, Soft Goods Supports) (HLAHAMAC)

akta.pro secondary industries

Prosthetics, Orthotics & Bracing (POB) (HSABAKAG), Orthotics & Bracing (Spinal/Lower/Upper Extremity Orthoses) (HLAHAEAI), Prosthetic Components & Rehabilitation Accessories (Liners, Feet, Knees, Sockets) (HLAHAMAD), Prosthetics/Orthotics Rehab & Amputee Rehabilitation (HSADAIAN)

Keywords

• Vacuum splint orthoses
• Orthotic medical devices
• Prosthetic clinical services
• Musculoskeletal bracing products
• Compression therapy garments

Headquarters

HQ city

Wollongong

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Clinical Prosthetic and Orthotic Services: Direct patient care services through the oapl clinical service network, providing prosthetics and orthotics to assist patients with fracture recovery, amputee mobility, and ongoing mobility support for aging individuals.
2. Healthcare Product Distribution: Distribution of medical products including musculoskeletal bracing, prosthetic limbs, compression garments, and clinical supplies to healthcare professionals through OPC Health division.
3. Innovative Orthoses Products: Sale of OPED-branded orthoses including VACOped and related products featuring VACO12 technology for feet, hands, shoulders, and knees treatment.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels2 records

Core offering

OPED develops, manufactures, and sells innovative orthoses featuring its patented VACO12 vacuum-based splint technology for the treatment and recovery of acute injuries and conditions affecting the feet, hands, shoulders, and knees. In Australia, OPED operates the oapl clinical service network (the largest prosthetics and orthotics provider in the country) delivering direct patient care, and the OPC Health distribution division supplying medical products to prosthetic, orthotic, and allied health professionals nationwide.

Product overview

OPED offers a comprehensive orthotic and prosthetic product portfolio centered on its patented VACO12 technology. The core offering is the VACOped vacuum splint orthosis (launched 1993), which has expanded into a full range of bracing products for feet, hands, shoulders, and knees. The company operates through two main divisions in Australia: the oapl clinical service network (the largest prosthetics and orthotics provider in Australia) providing direct patient care, and OPC Health (distribution division) supplying healthcare products to professional practitioners. The product ecosystem is unified by OPED's innovative vacuum-based technology approach to orthotic treatment.

Differentiator

Problem solved

Functional benefit

Brands

• oapl: The largest provider of prosthetics and orthotics in Australia, assisting Australians with fracture recovery, amputee running, and continued walking mobility for older adults. Operating for over 35 years.
• OPC Health

Products and services

• VACOped Orthosis The flagship vacuum splint orthosis that replaced uncomfortable plaster casts with a light, functional alternative for fracture treatment and recovery. Targeted at clinicians and patients needing orthopedic immobilization of the foot and lower leg.
• OPED Orthoses Range (Feet, Hands, Shoulders, Knees) A comprehensive range of bracing products featuring VACO12 technology for treatment and recovery of acute injuries and conditions affecting the feet, hands, shoulders, and knees. Targeted at healthcare professionals and patients requiring orthopedic bracing.
• oapl Clinical Prosthetic and Orthotic Services Australia's largest provider of prosthetics and orthotics services, assisting patients with fracture recovery, amputee mobility (including first-time running as an amputee), and ongoing walking/mobility support for older Australians. Operating for over 35 years through the oapl clinical service network.
• OPC Health Healthcare Product Distribution Distribution of musculoskeletal bracing, prosthetic limbs, compression garments, and clinical supplies to prosthetic, orthotic, and allied health professionals across Australia. Operating for over 40 years as a dedicated healthcare supply partner.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• OPED GermanycoreStrategic or Co-development PartnerOPED Germany is the parent company and founding entity, established in 1992 by Andreas Haßler (Engineer and ski boot developer) and Professor Peter Habermeyer (Orthopaedic Surgeon) with his brother Stephan Habermeyer. OPED Germany developed the original VACOped technology in 1993 and continues to operate globally across 6 countries, sharing innovations and technology with OPED Australia.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• Ossur: Global leader in prosthetics and orthotics (bracing) with broad product portfolio across bracing, compression, and prosthetic joints. Directly comparable to OPED as both sell orthopedic braces/orthoses to clinicians and patients, and both compete in the non-invasive mobility and recovery segment.
• Enovis (formerly DJO Global): Major orthopedic bracing and recovery solutions company selling through clinicians and distributors globally. Directly comparable to OPED's OPC Health distribution business and the OPED-branded bracing line targeting foot, knee, shoulder, and hand indications.
• Thuasne: French orthopedic bracing and compression therapy company with a broad braces portfolio distributed through pharmacies and clinical channels. Directly comparable to OPED on orthopedic braces for extremities and the medical-device-plus-clinical-channel model.
• Breg: US-based orthopedic bracing and cold therapy company selling through orthopedic specialists and DME distributors. Comparable to OPED on bracing products, clinical-channel distribution, and the broader orthopedic recovery-and-mobility value proposition.
• Bauerfeind: German orthopedic braces, supports, and compression stockings manufacturer with a similar engineering heritage and clinical-channel distribution model. Comparable to OPED on product category (functional orthoses/braces) and clinician-led GTM.
• Ottobock: German-headquartered global prosthetics and orthotics manufacturer with a comparable heritage, patented component technology, and direct clinical-service-style distribution. Directly comparable to OPED on product category (orthoses, prosthetic components) and the clinical-services-plus-product business model.
• medi (medi GmbH & Co. KG): German manufacturer of medical compression, orthopedic braces, and prosthetics distributed globally. Directly comparable to OPED on engineering heritage, product category (orthopedic braces/supports), and clinician-led distribution.
• DeRoyal Industries: US-based manufacturer and distributor of orthopedic soft goods, braces, and surgical supplies. Comparable to OPED on orthopedic braces, clinical-channel sales, and serving allied health professionals.

Broad incumbents

• Stryker: Large diversified orthopedic medical-device company with adjacent presence in extremities, trauma, and surgical support products. Comparable to OPED as a broader orthopedic incumbent whose scale and R&D budget could disrupt orthotic niches if it chooses to invest.
• Zimmer Biomet: Major orthopedic device company spanning reconstructive, extremities, and sports medicine. Comparable to OPED as a broader incumbent in the orthopedic space whose extremity and bracing adjacencies create potential competitive overlap.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights5 records

Customer concentration

• LinkedInlinkedin.com/company/opedaustralia

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about OPED