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Myomo

MYO

Myomo Inc. is a wearable medical robotics company that specializes in myoelectric-controlled upper limb orthoses for individuals with neuromuscular disorders and paralysis.

Market cap
$51.89M+37.3%

Earnings

Next report

Date not yet announced

Competitors

Profile

Myomo Inc. is a wearable medical robotics company that specializes in myoelectric-controlled upper limb orthoses for individuals with neuromuscular disorders and paralysis. The company's core value proposition is providing a non-invasive solution that enables patients with conditions such as stroke, brachial plexus injury, and spinal cord injury to regain functional movement in their arms and hands. Myomo operates a direct-to-patient billing model and partners with clinical facilities to integrate its technology into the standard of care for rehabilitation.

Competitive position

Myomo is a first-mover in the myoelectric upper limb orthosis market, offering the only commercially available device in the U.S. that utilizes a patient's own muscle signals to restore movement to paralyzed limbs.

GeographiesUnited States, Germany, United Kingdom, Canada, Australia
Customer segmentsPatients with neuromuscular disorders, Healthcare providers, Government agencies, Insurance payers
Business modelDirect-to-consumer billing, Wholesale, Medical device manufacturing
SuppliersContract manufacturers for electromechanical kits, 3D printing service providers, Microprocessor and sensor suppliers, Lightweight metal and battery manufacturers
CustomersMedicare Part B beneficiaries, Private health insurance payers, Veterans Administration, Orthotics and Prosthetics (O&P) clinics, Rehabilitation hospitals
Listed2017
Employees106.0
CEOPaul R. Gudonis
Websitemyomo.com
FilingsSEC EDGAR

FAQ

What is Myomo's market cap?
Myomo (MYO) has a market capitalization of $51.9M and trades on AMEX.
Who are Myomo's competitors?
Myomo's key competitors include Lifeward, Hinge Health, Inc., Orthofix Medical Inc. Common Stock (DE), and others. These companies compete in similar markets and product categories.
Who does Myomo partner with?
Myomo's notable partners include Cogmedix, AB Corp, Cleveland Clinic, and others.
Where is Myomo headquartered?
Myomo is headquartered in United States of America and employs approximately 106 people. It has been publicly traded since 2017.