Growth through Acquisition Since being acquired by Össur in 2016, Touch Bionics has benefited from increased resources and market reach, indicating potential for expanding sales channels and cross-marketing opportunities within the global prosthetics sector.
Innovative Product Line With ongoing enhancements to their livingskin product line and a focus on advanced myoelectric prosthetic solutions, Touch Bionics presents opportunities to introduce new technology and expand product offerings to clinics and healthcare providers seeking premium prosthetic options.
Market Niche Specialization Specializing in upper limb prosthetics with a focus on natural appearance and functionality, the company targets a specialized niche where personalized and high-tech solutions are in demand, opening avenues for tailored sales strategies to specialized clinics and rehab centers.
Customer Support Strategy Their commitment to comprehensive clinical services and training suggests strong potential for partnerships with medical institutions and training centers to enhance device adoption and ensure user satisfaction, which can be leveraged for upselling and service contracts.
Moderate Revenue Scale With revenues ranging from $1 million to $10 million, Touch Bionics is a growing company likely seeking scalable partnerships and additional funding sources to accelerate innovation and expand its customer base in a competitive medical device market.