Adam Greenspan
CEO
Trace Orthopedics
The startup has developed a medical device that enables tendon reattachment through a minimally invasive technique using a needle, eliminating the need for surgery and general anesthesia. This approach allows for faster recovery times and reduced healthcare costs for patients with partially torn tendons.
- Healthcare Technology
- Medical Devices
Updated 21 months ago
Funding
Raised to date
$2.8MRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Funding rounds are not available yet.
Founders
Product
Problem
Millions of people in the U.S. experience tendon injuries each year, and a significant portion require surgical intervention for repair. Current surgical methods often involve operating room time, anesthesia, and either open or arthroscopic procedures, leading to substantial healthcare costs, extended recovery periods, and potential complications.
Solution
Trace Orthopedics is developing a minimally invasive device for tendon reattachment that eliminates the need for traditional surgery and general anesthesia. Their technique utilizes a needle-based procedure to repair partially torn tendons by reattaching them to the bone through a small skin puncture. This approach aims to significantly reduce patient recovery time, lower healthcare expenses, and improve overall patient outcomes compared to conventional surgical methods. The procedure can be performed outside of the operating room setting, offering a more convenient and less invasive alternative for patients with partial tendon tears.
Target Audience
The primary target audience includes orthopedic surgeons treating patients with partial tendon tears, as well as patients seeking less invasive and more cost-effective treatment options.
Features
- Percutaneous tendon reattachment using a needle-based technique
- Minimally invasive approach avoiding open or arthroscopic surgery
- Eliminates the need for general anesthesia
- Designed for partial tendon tear repair
- Intended to reduce recovery time and healthcare costs