Tyber Medical LLC

Tyber Medical LLC

About Tyber Medical LLC

Simplify's Rating
Why Tyber Medical LLC is rated
B-
Rated C on Competitive Edge
Rated A on Growth Potential
Rated C on Rating Differentiation

Industries

Healthcare

Company Size

51-200

Company Stage

Grant

Total Funding

$223.7K

Headquarters

Bethlehem, Pennsylvania

Founded

2012

Overview

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Simplify's Take

What believers are saying

  • The orthopedic devices market is projected to grow at a CAGR of 5.1% until 2030.
  • Tyber Medical's expansion in Florida increases its manufacturing capacity by 33,000 square feet.
  • The integration of AI in surgical planning offers new opportunities for product enhancement.

What critics are saying

  • Increased competition from emerging markets may pressure Tyber Medical's market share.
  • Rapid technological advancements require continuous R&D investment, straining financial resources.
  • Regulatory changes in the EU could increase compliance costs for Tyber Medical.

What makes Tyber Medical LLC unique

  • Tyber Medical specializes in private label implants for extremity, trauma, and spine markets.
  • The company has received FDA and MDR clearance for its implantable K-Wires and Steinmann Pins.
  • Tyber Medical's acquisition of CatapultMD expands its manufacturing capabilities significantly.

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Funding

Total Funding

$223.7k

Above

Industry Average

Funded Over

1 Rounds

Grant funding comparison data is currently unavailable. We're working to provide this information soon!
Grant Funding Comparison
Coming Soon

Growth & Insights and Company News

Headcount

6 month growth

-2%

1 year growth

0%

2 year growth

4%
WFMZ
Jan 14th, 2025
Tyber Medical, Intech and Resolve Surgical Technologies combine to form a next-generation solutions provider to the Medical Device industry

As part of the transaction, Montagu entered into a definitive agreement to acquire Tyber Medical, an innovative medical device company providing private label development and manufacturing services to med-tech Original Equipment Manufacturers (OEMs).

Williston Observer
Sep 10th, 2024
Tyber Medical's PEEK ToeGrip Hammer Toe Implant Family Receives MDR Certification

BETHLEHEM, Pa., Sept. 10, 2024 /PRNewswire/ - Tyber Medical LLC, a leading orthopedic device manufacturer specializing in private label implants for the extremity, trauma, and spine markets, is proud to announce that its PEEK ToeGrip Hammer Toe implant family has received Medical Device Regulation (MDR) certification from TÜV Rheinland.

PR Newswire
Sep 21st, 2023
Tyber Medical Gains Fda And Mdr Clearance For Its Implantable K-Wires And Steinmann Pins In Stainless Steel And Titanium Alloy

BETHLEHEM, Pa., Sept. 21, 2023 /PRNewswire/ -- Tyber Medical, a leader in the medical device industry, is pleased to announce that it has received:FDA and MDR clearance for its implantable K-Wires and Steinmann Pins made from 316L Stainless Steel and Titanium alloy Ti6AL4V ELI.MDR clearance for its sterile packed and reusable guide wires and drill bits platform"Our customers now have instant access to nearly every type of implantable K-Wire or Steinmann Pin on the market." Tweet this The cleared K-Wires and Steinmann Pins are available both Sterile and Non-Sterile and come in multiple configurations, including combinations of Trocar Tip, Diamond Tip, Fluted Tip, Partial Thread, Full Thread, Ball End, and Flat End options.These critical approvals pave the way for significant expansion and greater product availability for patients and Tyber's private-label partners."Our focus has always been on developing products that are innovative, efficient, and deliver unparalleled performance," said Jeff Tyber, CEO of Tyber Medical. "Receiving the FDA and MDR clearance for these platforms is a testament to our rigorous pursuit of advancing patient care while helping our customers expand their brand."The cleared K-Wires and Steinmann Pins are available both Sterile and Non-Sterile and come in multiple configurations, including combinations of Trocar Tip, Diamond Tip, Fluted Tip, Partial Thread, Full Thread, Ball End, and Flat End options, making them versatile for multiple medical needs. Available in lengths ranging from 60mm to 450mm and diameters between 0.6mm and 6.35mm, these wires and pins provide comprehensive solutions for healthcare professionals.David Hannah, CTO of Tyber Medical, added, "With this clearance, our customers now have instant access to nearly every type of implantable K-Wire or Steinmann Pin that exists on the market, and we're not even finished with this product line yet."In a strategic move to extend its reach globally, Tyber Medical also obtained a reusable indication for its K-Wires in Europe thanks to its recent acquisition of ADSM-Synchro Medical. This acquisition marked another significant milestone for the company, further bolstering its global presence.Commenting on the European expansion, Luigi Bivi, President of ADSM SAS (Tyber Medical France), stated, "This development is a key component of our strategic initiative to provide advanced medical solutions worldwide. Tyber Medical's sterile packed reusable platform in Europe enhances our capabilities and allows us to better serve high quality standards while maintaining a cost-effective approach to our product offering."Tyber Medical continues to innovate and push boundaries in the medical device industry, constantly striving to provide cutting-edge solutions that redefine patient care.About Tyber MedicalTyber Medical LLC, is a leading orthopedic device manufacturer providing rapid access to FDA-cleared and CE-marked private label, portfolio-enhancing, regulatory-approved orthopedic implants for the spinal, extremity and trauma markets

WFMZ
Apr 30th, 2023
Tyber Medical of Northampton County expands Florida facility, adding manufacturing capacity | Business News | wfmz.com

Tyber Medical, a Northampton County-based maker of orthopedic devices, has expanded its Florida facility by 33,000.

Startup Dope
Jan 25th, 2023
Press Releases from PR Newswire

To further accelerate record growth and rapid commercialization through its OEM partnerships with leading orthopedic companies in the global trauma, extremity and spine markets, Tyber Medical LLC has tapped industry veteran James Abraham for its newly-created Chief Commercial Officer role and Damien Sibilla for the role of Chief Financial Officer.

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