Foot Balance Technology

What Foot Balance Technology does

Foot Balance Technology is an Australian privately held pedorthic clinic founded in 2016 by Dr Sayed Ahmed, Australia's first PhD in Pedorthics. The company designs, manufactures, and dispenses custom orthotics, custom orthopaedic footwear, medical-grade therapeutic footwear, ankle foot orthoses (AFOs), and footwear modifications for patients with chronic foot, ankle and lower-limb conditions, with particular focus on diabetic foot care, neurological impairment, and post-injury rehabilitation. Clinical operations run across three Sydney locations (Westmead, Castle Hill, Campbelltown) and an on-demand Adelaide service, with a Bangladesh subsidiary (Foot Balance Technology BD Ltd.) supporting training and clinical development.

The underlying technology stack combines 3D foot scanning, CAD/CAM design, biomechanical and gait assessment, in-shoe and barefoot plantar pressure analysis, and 3D printing for custom orthotic and footwear manufacture. The business is conducting funded research with Charles Sturt University (AUD $1M+ National Industry PhD Program grant) and the University of Technology Sydney (AUD $168,000 Cross-Faculty Research Grant) on AI-guided personalised prescription and digital supply-chain transformation. Advanced lattice-based footwear design using Finite Element Analysis and design for additive manufacturing is led by a PhD biomedical engineer on staff.

Revenue is generated from 45-minute clinical consultations (pay-as-you-go), unit-priced custom orthotics and custom footwear (four to eight week lead times), AFO dispensing, and add-on services such as footwear modifications and compression socks. The customer base is split across NDIS participants, DVA veterans, My Aged Care and Home Care Package recipients, icare/Workers Compensation claimants, Enable NSW beneficiaries, and private self-pay or insured patients (Medibank, HCF, Bupa). Customer acquisition is driven by a referral network of hospital high-risk foot services and allied-health practitioners rather than direct-to-consumer marketing. The business operates under The AR and NJ Trust (ABN 90 695 260 533) and is founder-owned with no institutional equity capital disclosed.

Name

Foot Balance Technology

Legal name

The trustee for The AR and NJ Trust ABN 90 695 260 533 operating as Foot Balance Technology

Website

https://footbalancetech.com.au

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

11–50 employees

Short description

Foot Balance Technology is an Australian pedorthic clinic designing and manufacturing custom orthotics, orthopaedic footwear, AFOs and footwear modifications for diabetic, NDIS, DVA and aged-care patients across three Sydney clinics and an Adelaide on-demand service, using 3D scanning, CAD/CAM and 3D printing.

Ownership category

akta.pro rank

Product category

Pedorthic Footwear and Orthotic Services

NAICS

Footwear Manufacturing (31621), Footwear Manufacturing (3162), Offices of Podiatrists (621391)

SIC

Orthopedic, Prosthetic & Surgical Appliances & Supplies (3842), Footwear, (No Rubber) (3140), Surgical & Medical Instruments & Apparatus (3841)

akta.pro primary industry

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

akta.pro secondary industries

Specialty & Orthopedic Footwear Manufacturing (Medical/Diabetic/Custom) (IMAOAIAI), Comfort, Orthopedic & Medical Footwear (CRAAACAG), Foot & Ankle (HLAKALAG)

Keywords

• Custom orthotic devices
• Pedorthic footwear services
• Diabetic foot care
• Ankle foot orthoses
• Medical footwear modifications

Headquarters

HQ city

Westmead

HQ country

Australia

HQ region

Oceania

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

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

Revenue model

1. Clinical Consultation Services: Initial 45-minute foot assessments including biomechanical evaluation, gait analysis, pressure analysis, and 3D scanning. Follow-up appointments for reviews and adjustments.
2. Custom Orthotics: Custom-designed shoe inserts (orthotics) including 3D Printed Orthotics, Custom-Moulded Orthotics, Diabetic Foot Orthotics, and Paediatric Orthotics. Takes approximately four weeks to produce.
3. Custom Orthopaedic Footwear: Individually made footwear from precise casts. Available in multiple styles: Walking Shoes, Work Footwear, Leisure Footwear, Sandals, Sport Shoes. Takes approximately six to eight weeks to produce.
4. Medical-Grade Therapeutic Footwear: Clinically designed footwear for foot support, stability and foot health. Includes prefabricated options that can be modified.
5. Ankle Foot Orthoses (AFOs): Specialised braces for ankle and foot support. Available as custom-made or prefabricated. Includes rigid AFOs, hinged AFOs, and dynamic carbon fiber AFOs.
6. Government Funded Services: Revenue from NDIS, DVA, Enable NSW, My Aged Care, Workers Compensation, and private health insurance claims. Clinic accepts major health funds including Medibank, HCF, Bupa.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Foot Balance Technology is a multidisciplinary pedorthic clinic that designs, manufactures, and dispenses custom orthotics, custom orthopaedic footwear, medical-grade therapeutic footwear, and ankle-foot orthoses (AFOs) for individual patients with foot, ankle, and lower limb conditions. Products are produced using 3D foot scanning, CAD/CAM, and 3D printing, and are paired with clinical biomechanical, gait, and plantar pressure assessments. Services are funded through NDIS, DVA, Enable NSW, My Aged Care, Workers Compensation, and private health insurance.

Product overview

Foot Balance Technology is a multidisciplinary pedorthic clinic offering personalized therapeutic footwear and orthotic solutions. The core product portfolio consists of Custom Orthotics and Custom Orthopaedic Shoes, complemented by Medical-Grade Footwear, Ankle Foot Orthoses (AFOs), Footwear Modifications, Compression Stockings and Medical Socks, and Foot Assessment services. The clinic integrates advanced digital technology including precise digital scans, CAD/CAM techniques, and 3D printing to deliver personalized solutions. Services are coordinated under a multidisciplinary approach involving certified pedorthists, podiatrists, physiotherapists, and footwear technicians, with funding support through NDIS, DVA, Enable NSW, and various health insurance providers.

Differentiator

Problem solved

Functional benefit

Brands

• OrthoGenix: Product brand for bamboo socks and medical socks referenced in the shop.

Products and services

• Custom Orthotics Custom-designed shoe inserts tailored to individual foot conditions, created using CAD/CAM and custom molding techniques including 3D Printed Orthotics, Custom-Moulded Orthotics, Diabetic Foot Orthotics, and Paediatric Orthotics. Production takes approximately four weeks. Sold to individual patients with foot, ankle, and lower limb conditions, including diabetic foot patients and paediatric cases.
• Custom Orthopaedic Shoes Individually made footwear from precise casts of feet, essential for addressing severe deformities or conditions where standard footwear is insufficient. Available in styles including Walking Shoes, Work Footwear, Leisure Footwear, Sandals, and Sport Shoes. Production takes approximately six to eight weeks. Sold to patients with foot deformities or conditions unsuitable for off-the-shelf footwear.
• Medical-Grade Footwear Clinically designed therapeutic footwear developed using biomechanical principles to improve alignment, reduce pressure, and enhance walking comfort for individuals with foot pain, structural issues, or medical conditions affecting mobility. Includes prefabricated options that can be modified. Sold to individuals with foot pain, structural issues, or mobility-affecting medical conditions.
• Ankle Foot Orthosis (AFO) Specialised braces designed to support the ankle and foot, improve walking ability, and enhance stability. Available as custom-made or prefabricated options including Rigid AFOs, Hinged AFOs, and Dynamic Carbon Fiber AFOs. Custom Knee Ankle Foot Orthoses (KAFOs) are also available. Sold to patients requiring ankle and foot support, including those with mobility impairments.
• Foot Assessment Comprehensive clinical evaluation of feet, posture, and lower limb function including biomechanical assessment, gait analysis, plantar pressure measurement, and 3D scanning. Initial 45-minute appointment. Delivered to individual patients and referred cases needing detailed clinical foot health evaluation.
• Footwear Modifications Shoe modification services including Wedging, Heel/Shoe Raises, Rocker Soles/Bars, Metatarsal Domes, Velcro Conversions, and Relasting to enhance comfort and address specific foot issues. Delivered to patients needing adjustments to existing footwear for foot health support.
• Compression Stockings and Medical Socks Bamboo diabetic socks with antibacterial and hypoallergenic properties, amputee socks, and compression stockings for circulation support and comfort. Sold to patients needing circulation support, diabetic foot care, or post-amputation sock needs.

Quantifiable outcome

• Custom orthotics take approximately four weeks to produce; custom footwear takes approximately six to eight weeks.
• +2 more outcomes

Named customers7 records

Segments7 records

Ideal customer profiles7 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Charles Sturt UniversitycoreStrategic or Co-development Partner · 1 January 2023National Industry PhD Program Grant exceeding $1 million in direct cash and in-kind support. Project focuses on AI-guided personalised prescription of medical and assistive devices to improve clinical outcomes and patient adherence. Dr Ahmed engaged as External PhD Supervisor with FBT as industry partner.
• University of Technology Sydney (UTS)coreStrategic or Co-development Partner · 1 January 2023$168,000 Cross-Faculty Research Grant awarded to investigate digital transformation of customised medical-grade footwear supply chains. FBT serves as bridge between clinical practice and cutting-edge technology research.
• Nepean HospitalcoreStrategic or Co-development PartnerCollaboration with hospital's high-risk foot services. Dr Ahmed contributes to managing complex cases as part of multidisciplinary team.
• St Vincent's Hospital, SydneycoreStrategic or Co-development PartnerCollaboration with hospital's high-risk foot services for complex foot care cases.
• Concord HospitalminorStrategic or Co-development PartnerReceives referrals from Concord Hospital for custom footwear and orthotic solutions.
• Royal Prince Alfred HospitalminorStrategic or Co-development PartnerReceives referrals from Royal Prince Alfred Hospital for custom footwear and orthotic solutions.
• Westmead HospitalminorStrategic or Co-development PartnerReceives referrals from Westmead Hospital for custom footwear and orthotic solutions.
• Foot Balance Technology (BD) Ltd.minorStrategic or Co-development PartnerInternationally, Dr Ahmed co-founded Foot Balance Technology (BD) Ltd. in Bangladesh to support training, clinical development, and access to pedorthic services in emerging healthcare systems.

Scale indicators7 records

Recent moves5 records

Expansion highlights6 records

Broad incumbents

• Ottobock: Global medical technology company offering orthotics, prosthetics, orthopedic footwear components, and rehabilitation solutions. Comparable to Foot Balance Technology across AFOs, custom orthotics, and therapeutic footwear categories, but at vastly greater scale and breadth.
• Hanger Clinic (Hanger, Inc.): U.S. orthotic and prosthetic care provider network delivering custom orthotics, braces, and orthopedic footwear through clinician-led patient care. Comparable in combining clinical consultation with custom device fabrication, though at national U.S. scale.
• Bauerfeind AG: German medical device manufacturer producing orthopedic braces, compression stockings, and foot orthotics. Overlaps with FBT on orthotic, AFO-adjacent, and compression product categories at established global scale.

Direct peers

• Orthofeet: U.S.-based orthopedic footwear and orthotic brand offering therapeutic shoes and customizable insoles for diabetic, neuropathic, and arthritic conditions. Overlaps with FBT on diabetic foot care positioning and biomechanically designed footwear.
• Aetrex Worldwide: U.S. comfort and orthopedic footwear brand with proprietary 3D foot scanning technology for orthotic and footwear recommendation. Closest technology-overlap peer to FBT on the consumer side, though FBT is clinician-led and clinical-condition-focused.
• Steeper Group: UK-based pedorthic and orthotic manufacturer producing custom-made orthopedic footwear and orthotics for diabetic, neuropathic, and complex foot conditions. Closest direct comparable to Foot Balance Technology in clinical pedorthics and custom footwear manufacturing.
• Dr. Comfort: U.S. medical footwear brand specializing in diabetic, orthopedic, and therapeutic shoes often dispensed through clinician networks. Comparable in targeting diabetic foot care and comfort/medical footwear, but operates at brand/manufacturing scale rather than per-patient custom.
• Pedors Shoes: U.S. specialty footwear brand producing medical-grade shoes for diabetic, arthritic, and edema patients. Comparable niche focus on therapeutic comfort footwear with clinician-aligned distribution.
• Darco International: U.S. medical footwear and postoperative footwear manufacturer serving wound care, diabetic foot, and orthopedic markets. Comparable in product category and diabetic foot focus, with similar clinical-grade positioning.

Regional players

• APL (Australia) - KLM Orthotics: Australian custom orthotic manufacturer providing CAD/CAM orthotics and foot orthoses for clinicians nationally. Direct regional comparable to Foot Balance Technology on custom orthotic manufacturing and Australian clinical channel.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/footbalancetech
• LinkedInlinkedin.com/company/foot-balance-technology
• Instagraminstagram.com/foot_balance_technology

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

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