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medshape.com

Founded Year

2005

Stage

Acquired | Acquired

Total Raised

$33.86M

About MedShape

MedShape is a medical device company working to develop and commercialize a portfolio of surgical solutions that use its shape memory technologies to address the increasing demand for improved sports medicine, joint fusion, and musculoskeletal trauma products.On April 26, 2021, MedShape was acquired by DJO. The terms of the transaction were not disclosed.

MedShape Headquarter Location

1575 Northside Dr NW Suite 440

Atlanta, Georgia, 30318,

United States

877-343-7016

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Expert Collections containing MedShape

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

MedShape is included in 2 Expert Collections, including Medical Devices.

M

Medical Devices

11,472 items

Companies developing medical devices (per the IMDRF's definition of "medical device"). Includes software, lab-developed tests (LDTs), and combination products. *Columns updated as regularly as possible.

H

Health IT

7,900 items

MedShape Patents

MedShape has filed 29 patents.

The 3 most popular patent topics include:

  • Skeletal system
  • Bone fractures
  • Orthopedic surgical procedures
patents chart

Application Date

Grant Date

Title

Related Topics

Status

2/24/2021

4/5/2022

Implants (medicine), Bone fractures, Orthopedic surgical procedures, Skeletal system, Medical equipment

Grant

Application Date

2/24/2021

Grant Date

4/5/2022

Title

Related Topics

Implants (medicine), Bone fractures, Orthopedic surgical procedures, Skeletal system, Medical equipment

Status

Grant

Latest MedShape News

Orthopedic Braces And Support Devices And Equipment Global Market Report 2022

May 13, 2022

Market Report 2022" - https://www.reportlinker.com/p06277195/?utm_source=GNW The global orthopedic braces and support devices and equipment market is expected to grow from $2.78 billion in 2021 to $3.06 billion in 2022 at a compound annual growth rate (CAGR) of 10.0%. The market is expected to grow to $4.18 billion in 2026 at a compound annual growth rate (CAGR) of 8.1%. The orthopedic braces and support devices and equipment market consist of sales of orthopedic braces and support devices and equipment and related services.Orthopedic braces and support systems are primarily used in injury prevention, injury rehabilitation, post-operative care, and osteoarthritic care. These are also used to protect, support, and strengthen the joints and muscles and are used by athletes to prevent themselves from injuries. The main types of orthopedic braces and support devices and equipment are lower extremity braces, upper extremity braces, back, and hip braces, and other braces.Lower extremity braces are the braces that are used to support the ankle, foot, knee, and hip and are used in various applications. The various products are soft and elastic braces and supports, hinged braces and supports, and hard and rigid braces and support that are used by hospitals, home healthcare, clinics, and other end-users. North America was the largest region in orthopedic devices and equipment market in 2021.Western Europe was the second-largest region inorthopedic devices and equipment market. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. The rise in the geriatric population is driving the orthopedic braces and support devices and equipment market.Elderly people are more prone to injuries as their bones and connective tissues weaken with age. For example, In the US 70% of the population aged between 50-70 years suffers from osteoarthritis and is likely to increase further in the forecast period.This is one of the major contributing factors to the growth of this market. High adoption of pain medications worldwide restraints the growth of the orthopedic braces and support devices market.As more amount of people relies on pain killers for pains related to orthopedic disorders instead of adopting the use of a proper support device/braces. For example, Americans consume 80% of the world’s supply of painkillers including painkillers for orthopedic treatments, thereby, hindering the orthopedic braces and support devices and equipment market. Due to the increase in the demand for orthopedic braces and support devices and equipment, various companies are adapting themselves to use innovative technologies such as bionic energy savers to solve problems related to injuries in the knee, arms, or any other movable part of the body.For example, spring-loaded technology uses LevitationTM bionic knee brace that enhances mobility and provides strength to legs by storing energy when a person sits or rests. These technologies are providing a better quality of life to people and positively impact the growth of the market. 3M’s consumer health care division issued orders to recall ankle braces and supports as the product contained undeclared natural latex rubber which may lead to allergic reactions in a few users. FDA ranked the recall as Class 2, which are labeled as products causing a temporary health issue or pose a risk of minimal adversity. Thus, any product recall may hamper the market’s growth as it would create negative feedback regarding the product and people would hesitate to use the products. In April 2021, DJO, a global leader in braces and support devices acquired Medshape Inc. for an undisclosed amount. This acquisition, the portfolio includes innovative devices for, joint fusion, fracture fixation, and soft tissue injury repair that utilize biomaterial technologies designed to improve patient outcomes. Medshape Inc., a company operating in orthopedic braces and support devices market-based in Georgia. [xii] The countries covered in the orthopedic devices and equipment market are Brazil, China, France, Germany, India, Indonesia, Japan, South Korea, Russia, the UK, USA, and Australia.

MedShape Web Traffic

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Page Views per User (PVPU)
Page Views per Million (PVPM)
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MedShape Rank

  • When was MedShape founded?

    MedShape was founded in 2005.

  • Where is MedShape's headquarters?

    MedShape's headquarters is located at 1575 Northside Dr NW, Atlanta.

  • What is MedShape's latest funding round?

    MedShape's latest funding round is Acquired.

  • How much did MedShape raise?

    MedShape raised a total of $33.86M.

  • Who are the investors of MedShape?

    Investors of MedShape include DJO, U.S. Department of Defense, Paycheck Protection Program, Small Business Innovation Research Awards and In-Q-Tel.

  • Who are MedShape's competitors?

    Competitors of MedShape include Suneva Medical, Cerapedics, Tepha, Biorez, Healionics, Cardiva Medical, Viveve Medical, REGENESIS BIOMEDICAL, Autonomic Technologies, Cianna Medical and 43 more.

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