TheTechno Optimist.

Michelangelo hand with myosmart plusOttobock—Ottobock to launch a smaller size S Michelangelo hand with AI-based myosmart plus control at OTWorldOttobock—Ottobock grows H1 2026 core revenue 7.7% to EUR 818.5M and raises its margin target

Ottobock

Prosthetic hands and legs, orthotics, exoskeletons

DEpublic~9,300 staffest. 1919ottobock.com (opens ottobock.com)Checked 11 Oct

The brief

Analyst view
  • Ottobock says it holds about 40% of the market for myoelectric (muscle-signal) prosthesis components.
  • H1 2026 core revenue EUR 818.5M (+7.7%); listed in Frankfurt at a ~EUR 4.2B value in Oct 2025.
  • Invests in next-generation nerve interfaces: led Phantom Neuro's $19M round and backed Blue Arbor.

Technical approach

As reported
Signals

Read muscles through the skin

Electrodes in the socket pick up the electrical activity of muscles left in the arm and turn it into motor commands.

AI control

Pattern recognition

Software learns the user's own muscle patterns for each grip, so they think of a grip instead of using switching codes.

Hardware

Hands, knees and orthoses

Builds motorised hands (Michelangelo, bebionic), microprocessor knees (C-Leg) and braces, sold to clinics worldwide.

Care network

Owns fitting clinics

Around 400 clinics fit and train users, which matters because a prosthesis only works if well fitted and practised.

Primer