
Otto Bock HealthCare
Founded Year
1919Stage
Debt | AliveTotal Raised
$2.012BLast Raised
$1.197B | 1 yr agoAbout Otto Bock HealthCare
Otto Bock HealthCare specializes in the development of prosthetic and orthotic devices within the healthcare sector. The company offers a variety of products, including prosthetic limbs, orthotic devices, and wheelchairs. These products are utilized by individuals with mobility challenges and medical professionals in rehabilitation. It was founded in 1919 and is based in Duderstadt, Germany.
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Expert Collections containing Otto Bock HealthCare
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Otto Bock HealthCare is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,276 items
Otto Bock HealthCare Patents
Otto Bock HealthCare has filed 367 patents.
The 3 most popular patent topics include:
- prosthetics
- implants (medicine)
- orthopedic surgical procedures

Application Date | Grant Date | Title | Related Topics | Status |
---|---|---|---|---|
11/23/2022 | 1/21/2025 | Terrestrial locomotion, Lower limb anatomy, Running, Foot, Orthopedic surgical procedures | Grant |
Application Date | 11/23/2022 |
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Grant Date | 1/21/2025 |
Title | |
Related Topics | Terrestrial locomotion, Lower limb anatomy, Running, Foot, Orthopedic surgical procedures |
Status | Grant |
Latest Otto Bock HealthCare News
Jun 25, 2025
News provided by Share this article Ottobock and Hanger, Inc. Applaud Legislative Win Supporting Texas Families AUSTIN, Texas, June 25, 2025 /PRNewswire/ -- Ottobock and Hanger, Inc., two global leaders in orthotics and prosthetics headquartered in Austin, are proud to celebrate the recent passage of HB 426 , a critical bill that will expand access to cranial remolding orthoses (CROs) for children with Medicaid benefits in Texas. The legislation was signed into law earlier this month and will officially go into effect on September 1, 2025. Ottobock and Hanger at the Texas capitol to talk to legislators about HB 426 CROs are essential for treating conditions such as plagiocephaly and craniosynostosis—head shape deformities that, if left untreated, can lead to long-term developmental complications. Prior to HB 426, many Texas families faced significant financial barriers or delays in care due to lack of consistent coverage and clear eligibility standards. Ottobock and Hanger, Inc. alongside members of the Texas O&P (orthotics and prosthetics) coalition, were instrumental in advocating for the bill. The two organizations worked together to raise awareness, meet with legislators, and rally community support, including organizing a Capitol Day this past April with patients, clinicians, and advocates across the state. "For parents across Texas, HB 426 removes unnecessary obstacles and ensures their children can receive the care they need," said Katie Toth, CPO, O&P pediatric expert and Director of Education and Research at Surestep, a Hanger company. "Helping children live life to the fullest is at the core of everything we do in the pediatric O&P field, and this legislation is such an important step towards providing the best outcome for our youngest patients." "This is a win not just for our field, but for every parent in Texas navigating a scary and uncertain diagnosis," added Russ Lundstrom, Director of Clinical Research and Services at Ottobock. "We're grateful to lawmakers for prioritizing early intervention and for recognizing the life-changing role orthotic care plays in child development." With HB 426, Texas joins a growing number of states that recognize the importance of setting clinical eligibility criteria for CROs—criteria based on best practices and expert recommendations. The bill will also help reduce disparities in access and improve long-term outcomes for thousands of infants each year. Ottobock and Hanger, Inc. remain committed to advancing policies that support people with limb loss, limb difference, and other physical challenges—from infancy through adulthood. About Hanger, Inc. Headquartered in Austin, Texas, Hanger, Inc. is a leading provider of orthotic and prosthetic (O&P) patient care services and products. The company operates as an ecosystem of diversified companies delivering complementary solutions to individuals and providers with O&P needs and is organized in two business segments – Patient Care and Products & Services. Through its Patient Care segment, Hanger provides comprehensive, outcomes-based O&P services to individuals of all ages at more than 925 Hanger Clinic locations nationwide. Through its Products & Services segment, Hanger serves the broader O&P community and skilled nursing facilities through designing and distributing branded and private label O&P devices, products and components, providing consulting services, and offering post-acute rehabilitative solutions. Rooted in clinical research, excellence, and innovation, Hanger is a purpose-driven company focused on empowering human potential. For more information, visit corporate.hanger.com . About Ottobock Ottobock has been empowering people with reduced mobility for over 100 years. As a global leader in wearable human bionics, the company develops cutting-edge prosthetics, orthotics, exoskeletons, and mobility solutions that promote independence and quality of life. With more than 9,000 employees and a presence in 135 countries, Ottobock drives innovation through clinical care, research partnerships, and technical expertise—including long-standing support of the Paralympic Games since 1988. SOURCE Ottobock
Otto Bock HealthCare Frequently Asked Questions (FAQ)
When was Otto Bock HealthCare founded?
Otto Bock HealthCare was founded in 1919.
Where is Otto Bock HealthCare's headquarters?
Otto Bock HealthCare's headquarters is located at Max-Näder-Straße 15, Duderstadt.
What is Otto Bock HealthCare's latest funding round?
Otto Bock HealthCare's latest funding round is Debt.
How much did Otto Bock HealthCare raise?
Otto Bock HealthCare raised a total of $2.012B.
Who are the investors of Otto Bock HealthCare?
Investors of Otto Bock HealthCare include Carlyle, KKR, EQT and European Investment Bank.
Who are Otto Bock HealthCare's competitors?
Competitors of Otto Bock HealthCare include DJO.
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