Bio-Tech Prosthetics & Orthotics

What Bio-Tech Prosthetics & Orthotics does

Bio-Tech Prosthetics & Orthotics (Bio-Tech P&O) was a privately held prosthetics and orthotics provider founded in 1995 and headquartered in Greensboro, North Carolina, with additional clinic locations across the state. The company manufactured and fitted custom prosthetic and orthotic devices, including microprocessor knees, elbow prostheses, motion walkers, and spinal orthotics equipment, and applied proprietary socket technology and adjustable-volume socket designs to improve comfort, mobility, and patient quality of life. Its end customers were individuals with limb loss, limb difference, congenital conditions, or orthopedic impairments, served across age groups including pediatrics (scoliosis bracing, cranial helmets, lower-limb bracing).

The business model was clinical-services-led: patients were accessed through healthcare provider referrals or self-referral, treated at local clinic locations, and billed through insurance providers. Bio-Tech P&O operated as a regional clinical care provider with 11-50 employees, with revenue generated on a per-device, per-service professional services basis. The company has since been acquired by Hanger Clinic, the largest orthotic and prosthetic care network in the United States, and its operations have been integrated into Hanger's nationwide platform of 925+ locations, 1,800+ clinical providers, 2,500 in-network insurance plans, and 1M+ patients served annually. Following the acquisition, Bio-Tech P&O no longer operates as an independent entity; its clinical team continues to serve patients under the Hanger Clinic banner.

Name

Bio-Tech Prosthetics & Orthotics

Legal name

Bio-Tech Prosthetics & Orthotics

Website

https://btpo.com

Company type

Private

Founded year

1995

Operating status

Acquired

Headcount range

11–50 employees

Short description

Bio-Tech Prosthetics & Orthotics was a North Carolina-based prosthetics and orthotics provider founded in 1995, manufacturing custom microprocessor knees, elbow prostheses, motion walkers, and spinal orthotics for patients with limb loss or mobility impairments. The company was acquired by Hanger Clinic and now operates as part of that national network.

Ownership category

akta.pro rank

Product category

Prosthetics and Orthotics Services

NAICS

Surgical Appliance and Supplies Manufacturing (339113)

SIC

Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842)

akta.pro primary industry

Limb Prosthetics (Upper/Lower Extremity Prosthetic Systems) (HLAHAEAH)

akta.pro secondary industries

Orthotics & Bracing (Spinal/Lower/Upper Extremity Orthoses) (HLAHAEAI), Prosthetic Components & Rehabilitation Accessories (Liners, Feet, Knees, Sockets) (HLAHAMAD), Orthotics & Bracing (AFO/KAFO, Spinal, Soft Goods Supports) (HLAHAMAC)

Keywords

• Prosthetic devices
• Orthotic appliances
• Custom prosthetics
• Spinal orthotics
• Pediatric bracing

Headquarters

HQ city

Greensboro

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Prosthetic and Orthotic Services: Healthcare services revenue generated through custom device provision and clinical care for patients with limb loss, limb difference, or mobility impairments. Billed through insurance providers and patients.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels2 records

Core offering

Bio-Tech Prosthetics & Orthotics provides custom-fabricated prosthetic limbs and orthotic devices, including microprocessor knees, elbow prostheses, motion walkers, and spinal orthotics equipment, delivered through clinical care services to patients with limb loss, limb difference, or mobility impairments. Following its acquisition by Hanger Clinic, the company now operates as part of the largest US orthotic and prosthetic care network, combining local clinical expertise with 925+ locations and 1,800+ clinical providers nationwide.

Product overview

Bio-Tech Prosthetics & Orthotics was an independent prosthetics and orthotics provider based in North Carolina that has been acquired by Hanger Clinic. The company operated as a network of clinic locations specializing in customized prosthetic limbs and orthotic devices. As part of the Hanger Clinic family, patients continue to receive the same clinical care while gaining access to Hanger Clinic's expanded network of over 900 locations nationwide. The acquisition brought Bio-Tech P&O's clinical team into Hanger Clinic's ecosystem, combining the local expertise with the organization's nearly 160 years of clinical care experience.

Differentiator

Problem solved

Functional benefit

Products and services

• Prosthetics - Lower Limb Custom lower limb prosthetic solutions including microprocessor knees and other prosthetic devices for patients with lower limb amputation or limb difference, provided through clinical evaluation, fitting, and follow-up care.
• Prosthetics - Upper Limb Custom upper limb prosthetic devices including elbow prostheses and other upper limb prosthetic solutions for patients with upper limb amputation or limb difference, delivered with clinical fitting and rehabilitation support.
• Prosthetics - Sockets, Liners, & Accessories Custom prosthetic sockets (including research-backed adjustable-volume socket technology), liners, and accessories designed to improve socket comfort, mobility, and quality of life for prosthetic users.
• Orthotics - Ankle & Foot Custom ankle and foot orthotic braces for patients requiring lower limb support and correction, including motion walkers and other mobility devices.
• Orthotics - Knee Custom knee orthoses and braces for patients needing knee support, stabilization, or post-injury rehabilitation.
• Orthotics - Hip Custom hip orthoses for patients requiring hip support and stabilization.
• Orthotics - Spinal Custom spinal orthotics equipment and braces for patients with spinal conditions requiring supportive or corrective bracing.
• Orthotics - Upper Limb Custom upper limb orthotic braces and supports for patients needing upper extremity stabilization or functional support.
• Orthotics - Chest & Head Custom chest and head orthotic devices, including cranial helmets for infants requiring cranial reshaping therapy.
• Pediatric Orthotics - Scoliosis Bracing Custom scoliosis bracing for pediatric patients with scoliosis, provided through clinical evaluation, fitting, and ongoing monitoring.
• Pediatric Orthotics - Lower Limb Bracing Custom lower limb bracing for pediatric patients requiring leg and foot support or correction.
• Pediatric Prosthetics Custom prosthetic limbs for pediatric patients with congenital or acquired limb differences, scaled and designed for growing children.

Quantifiable outcome

• 1 Million patients treated annually
• +1 more outcomes

Named customers1 record

Segments1 record

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.

• Insurance Providers NetworkcoreOthersExtensive network of 2,500+ in-network insurance providers enabling patient access to prosthetic and orthotic services with insurance coverage

Scale indicators3 records

Recent moves3 records

Expansion highlights4 records

Emerging players

• Fillauer: U.S.-based manufacturer of prosthetic components, orthotic devices, and adaptive equipment. Comparable as a niche prosthetic-component supplier and adjacent player to clinical O&P providers like Bio-Tech P&O.
• WillowWood: Manufacturer of prosthetic liners, sockets, and related components for lower-limb amputees. Comparable as a specialized prosthetic-component supplier serving the same clinical channel as Bio-Tech P&O.
• Össur: Global manufacturer of prosthetic limbs (including microprocessor knees) and bracing products that supplies O&P clinics. Comparable as a key upstream supplier to clinical providers like Bio-Tech P&O and increasingly a direct-to-patient competitor.
• Blatchford: U.K.-based manufacturer of lower-limb prosthetics, including microprocessor knees and high-performance feet. Comparable as an established prosthetic-device manufacturer supplying and competing in the same clinical O&P channel.
• College Park Industries: Manufacturer of lower-limb prosthetic feet and components, including high-performance and microprocessor-compatible devices. Comparable as a niche prosthetic manufacturer whose products are fitted through O&P clinics like Bio-Tech P&O.

Broad incumbents

• Ottobock: Global incumbent in orthopedic technology and prosthetics, including microprocessor knees and orthotic devices. Comparable as a broad incumbent supplying — and in some markets competing with — O&P clinical providers.
• Enovis (formerly DJO): Broad orthopedic device and bracing incumbent encompassing reconstructive, bracing, and rehabilitation products. Comparable as a large incumbent operating in orthotic bracing and rehabilitation adjacencies to Bio-Tech P&O's clinical scope.

Direct peers

• Ability Prosthetics & Orthotics: Regional U.S. provider of custom prosthetic and orthotic clinical services with multiple clinic locations. Comparable as a similarly-sized independent O&P clinical-care operator competing for the same patient referrals.
• Hanger Clinic: Parent network and the largest U.S. provider of orthotic and prosthetic clinical care with 925+ locations and 1,800+ clinical providers. Directly comparable as the dominant O&P clinical-services peer that has absorbed Bio-Tech P&O.
• Scheck & Siress (now part of Hanger Clinic): Long-standing O&P clinical provider serving the Chicago area that was also acquired by Hanger Clinic. Directly comparable as a regional multi-clinic O&P provider integrated into the same network as Bio-Tech P&O.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/hangernews
• Facebookfacebook.com/HangerNews
• LinkedInlinkedin.com/company/hangerclinic
• Instagraminstagram.com/hangernews

Revenue estimate

Valuation estimate

Number of profiles

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 Bio-Tech Prosthetics & Orthotics