Foot Balance Technology BD Ltd

What Foot Balance Technology BD Ltd does

Foot Balance Technology BD Ltd is a Dhaka, Bangladesh-based specialized pedorthic service provider that designs, manufactures, and sells custom orthopedic and diabetic footwear and orthotic insoles. The company operates as the Bangladesh subsidiary of the parent entity Foot Balance Technology, which was established in Sydney, Australia in 2016 by Dr. Sayed Ahmed — the first individual to obtain a PhD in Pedorthics in Australia and Asia — and was co-founded in Bangladesh in 2020 by Dr. Ahmed alongside Mahmudul Hasan Deenar, who serves as Director and Chief Technical Officer.

The company's core offering is end-to-end pedorthic care, beginning with clinical foot assessments and progressing through 3D foot scanning, Tekscan plantar pressure analysis, biomechanical alignment assessment, CAD/CAM-based custom shoe last design, and 3D printing of custom orthotic insoles. The product portfolio spans custom and prefabricated orthopedic and diabetic footwear for men and women, therapeutic orthotic insoles, front and back offloading shoes for postoperative and ulcer care, orthopedic sandals, and accessories such as bamboo-fiber diabetic socks. The catalog reportedly lists 94+ SKUs. Operations are anchored by clinics in Dhaka (Dhanmondi) and Savar, with clinical and regulatory infrastructure extending to two Sydney clinic locations linked to the parent entity.

Revenue is generated through one-time sales of custom and prefabricated footwear and insoles (priced in Bangladeshi Taka from roughly 1,250 BDT for entry-level insoles to 12,000 BDT for complex 3D-printed arch supports, with orthopedic sandals at 4,200 BDT and postoperative offloading shoes at 4,000 BDT), professional services for clinical assessments and pedorthic consultations, and accessories such as diabetic socks. Distribution is direct-to-consumer via clinic-based sales in Bangladesh and Australia and an owned e-commerce storefront. The company reports ISO 13485:2016 certification for medical device quality management and Australian Therapeutic Goods Administration (TGA) approval for its customized medicated footwear, orthotic insoles, and bamboo fiber socks. No external institutional funding has been disclosed, the company is privately held by its founders, and headcount stands at approximately 7 employees.

Name

Foot Balance Technology BD Ltd

Legal name

Foot Balance Technology BD Ltd

Website

https://footbalancetech.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

1–10 employees

Short description

Foot Balance Technology BD Ltd is a Dhaka-based pedorthic service provider offering custom orthopedic and diabetic footwear, 3D-printed orthotic insoles, and clinical foot assessments to diabetic patients, lower-limb deformity patients, and general consumers in Bangladesh and Australia.

Ownership category

akta.pro rank

Product category

Orthopedic and Diabetic Footwear

NAICS

Footwear Manufacturing (31621), Shoe Retailers (45821)

SIC

Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Footwear, (No Rubber) (3140), Retail-Shoe Stores (5661)

akta.pro primary industry

Comfort, Orthopedic & Medical Footwear (CRAAACAG)

akta.pro secondary industries

Specialty & Orthopedic Footwear Manufacturing (Medical/Diabetic/Custom) (IMAOAIAI), Foot Care & Orthotics OTC (Corn/Callus Care, Insoles, Athlete’s Foot Treatments) (CRADAMAL), Foot & Ankle (HLAKALAG), Comfort, Orthopedic & Medical Footwear Retail (CRAAADAG)

Keywords

• Orthopedic footwear
• Diabetic footwear
• Custom orthotic insoles
• Pedorthic services
• 3D foot scanning

Headquarters

HQ city

Dhaka

HQ country

Bangladesh

HQ region

Asia

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Custom Orthopedic and Diabetic Footwear Sales: Sale of customized orthopedic and diabetic footwear for men and women, including custom-designed shoes and prefabricated options.
2. Custom Orthotic Insoles: Sale of customized orthotic insoles designed using 3D scanning and printing technology. Also includes therapeutic orthotic insoles for men.
3. Pedorthic Clinical Services: Clinical assessment services including foot assessments, gait analysis, and consultation with certified pedorthists.
4. Diabetic Footwear and Accessories: Sale of diabetic socks, offloading shoes, and other foot care accessories.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Foot Balance Technology BD Ltd is a specialized professional Pedorthic service provider that designs, manufactures, and sells customized orthopedic and diabetic footwear and orthotic insoles. The company uses 3D foot scanning, CAD/CAM shoe last design, Tekscan plantar pressure analysis, and 3D printing to deliver custom solutions. It operates clinics in Dhaka and Savar (Bangladesh) and Sydney (Australia), offering foot assessments, gait analysis, custom fitting, and ongoing pedorthic care.

Product overview

Foot Balance Technology BD Ltd is a specialized professional Pedorthic service provider offering a comprehensive portfolio of orthopedic and diabetic footwear solutions. The core offerings include customized orthopedic footwear manufactured using CAD CAM software and 3D printing technology, paired with custom orthotic insoles designed through foot scans and plantar pressure analysis. The product line spans orthopedic and diabetic footwear for men and women, therapeutic orthotic insoles, specialized offloading shoes, and accessories such as diabetic socks. Services include 3D foot scanning, foot plantar pressure analysis using Tekscan technology, custom shoe last design, and pedorthic footwear modifications. The company operates with TGA-approved medical grade products and follows a workflow from clinical assessment through customization, development, testing, and delivery.

Differentiator

Problem solved

Functional benefit

Products and services

• Custom Orthopedic Footwear Fully customized orthopedic footwear designed and manufactured to individual patient specifications based on 3D foot scans, biomechanical assessments, and CAD/CAM shoe last design. Targeted at patients with foot deformities, mobility limitations, and lower limb conditions.
• Diabetic Footwear Custom or prefabricated diabetic footwear for men and women, providing proper support, pressure redistribution, and accommodation for foot deformities to prevent ulcers and amputations in diabetic patients. TGA-approved medical grade.
• Custom Orthotic Insoles Customized therapeutic orthotic insoles designed using 3D scanning, Tekscan plantar pressure analysis, and produced via 3D printing for precise orthotic support. Available in tiered options including Regular Comfort, Enhanced Comfort, Premium Cushioning, Custom, and 3D Printed Arch Support variants.
• Pedorthic Clinical Services In-clinic pedorthic services including foot assessments, gait analysis, biomechanical alignment evaluation, Tekscan plantar pressure analysis, and consultation with certified pedorthists. Available at Dhaka, Savar, and Sydney clinic locations.
• Orthopedic Sandals
• Postoperative Offloading Shoes Specialized shoes designed for postoperative foot care to offload pressure from surgical sites, aiding in wound healing and recovery. Priced at 4,000 BDT.
• Diabetic Socks Bamboo fiber diabetic socks designed for foot health, breathability, and diabetic foot care, priced at 1,200 BDT. TGA-approved.
• Front and Back Offloading Shoes Offloading shoes designed to reduce pressure on specific areas of the foot for postoperative care, ulcer prevention, and wound healing. Available in unisex and men's variants.

Quantifiable outcome

• Research shows 4 out of 5 diabetic foot ulcers are caused by ill-fitting shoes, making proper footwear crucial for prevention.
• +1 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Eleven partnerships are on record, tiered moderate, core and minor.

• Charles Sturt University (Australia)moderateStrategic or Co-development PartnerDr. Sayed Ahmed appointed as External PhD Supervisor at Charles Sturt University, currently co-supervising PhD and Honors students in AI and Medical Device Prescription.
• High-Risk Foot Clinics (Nepean Hospital, Sydney)coreStrategic or Co-development PartnerDr. Sayed Ahmed holds appointments at the high-risk foot clinics in Nepean and St Vincent's Hospitals in Sydney, focusing on services for diabetes-related foot issues.
• Flinders Medical Centre (Adelaide)coreStrategic or Co-development PartnerDr. Sayed Ahmed holds clinical appointment at Flinders Medical Centre in Adelaide, providing pedorthic services for high-risk foot patients.
• National Association of Diabetes Centres (NADC) - Foot Network Working PartycoreStrategic or Co-development PartnerDr. Sayed Ahmed serves as committee member of the NADC Foot Network Working Party and co-authored the Australian National High-Risk Foot Service Standards.
• Fontys University of Applied Sciences (Netherlands)moderateStrategic or Co-development PartnerMahmudul Hasan Deenar (CTO) received training at Fontys University of Applied Science in the Netherlands in orthopedic shoe technology and pedorthics.
• University of Labour and Social Arts (Vietnam)minorStrategic or Co-development PartnerMahmudul Hasan Deenar collaborated with the University of Labour and Social Arts in Vietnam during his pedorthic training.
• Quy Hoa National Leprosy and Dermatology Hospital (Vietnam)minorStrategic or Co-development PartnerMahmudul Hasan Deenar gained valuable experience practicing at Quy Hoa National Leprosy and Dermatology Hospital in Vietnam.
• Western Sydney UniversitymoderateStrategic or Co-development PartnerDr. Sayed Ahmed serves as guest lecturer and placement supervisor for podiatry students at Western Sydney University.
• CQUniversitymoderateStrategic or Co-development PartnerDr. Sayed Ahmed serves as guest lecturer and placement supervisor for podiatry students at CQUniversity.
• University of SydneymoderateStrategic or Co-development PartnerDr. Sayed Ahmed serves as medical student placement supervisor for Sydney University.
• St Vincent's Hospital (Sydney)coreStrategic or Co-development PartnerDr. Sayed Ahmed holds clinical appointments at St Vincent's Hospital in Sydney, providing pedorthic services at the high-risk foot clinic.

Scale indicators5 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• Dr. Scholl's (Bayer): Dr. Scholl's is a mass-market foot care brand owned by Bayer, offering insoles, orthotics, and comfort footwear across retail channels. Comparable OTC foot care and orthotic insole category, though positioned as a broad incumbent versus Foot Balance's specialist clinical model.
• Bauerfeind AG: Bauerfeind is a leading German medical device manufacturer of orthoses, supports, insoles, and orthopedic braces. Comparable in the medical-grade orthopedic and biomechanical alignment category, though as a much larger established player.

Direct peers

• Apex Foot Health Industries: Apex manufactures therapeutic footwear, orthotics, and hosiery for diabetic and orthopedic needs, sold primarily to podiatrists and medical professionals. Its clinical distribution model mirrors Foot Balance Technology's pedorthic clinic approach.
• Orthofeet: Orthofeet designs and sells orthopedic shoes and orthotic insoles with biomechanical features for diabetes, arthritis, and foot pain. It is a direct peer with similar DTC distribution, customization options, and clinical positioning.
• Dr. Comfort: Dr. Comfort is one of the world's largest specialty diabetic and orthopedic footwear brands, offering a wide range of comfort shoes, diabetic shoes, and custom orthotics. It is the most direct global peer to Foot Balance Technology's custom orthopedic and diabetic footwear offering.
• Darco International: Darco specializes in post-operative and offloading footwear, including the well-known MedSurg shoe line. Comparable to Foot Balance Technology's offloading and postoperative shoe offerings sold to clinicians and patients.
• Aetrex Worldwide: Aetrex designs comfort and orthopedic footwear and is known for its 3D foot scanning technology used in retail stores globally. Highly comparable technology stack and product positioning to Foot Balance Technology.
• Spenco Medical: Spenco Medical manufactures orthotic insoles and foot care products, with significant presence in diabetic foot care and professional healthcare channels. Comparable OTC and clinical orthotic product line.
• P.W. Minor: P.W. Minor is a US-based comfort and orthopedic footwear manufacturer with a long history of therapeutic shoes for diabetes, arthritis, and foot deformities. Comparable custom-built orthopedic footwear positioning.

Regional players

• SureFit (Orthotics Holdings Inc.): SureFit is a North American custom foot orthotic manufacturer using digital scanning and CAD/CAM technology — comparable technology stack (3D scanning and CAD design) but operating primarily in the US and Canadian markets.

Market position

Weaknesses4 records

Competitive moat4 records

Key risks1 record

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/socialentrepreneurs&healthpartnerssehp

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 Foot Balance Technology BD Ltd