Our take
Myomo is the clearest medical robotics business in this group to understand from the outside. Its MyoPro brace reads weak muscle signals in a paralyzed arm and powers the elbow and hand, Medicare publishes what it pays for the device, and the company reports orders, average selling price, and patient pipeline every quarter.6,5,3
It is still small and unprofitable. Revenue was $40.9 million in 2025, and Myomo expects $45 million to $47 million in 2026. It had $13.5 million in cash and short-term investments at June 30, 2026.4,3
Scores by criterion
Each criterion is defined on our methodology page.
Who uses Myomo and what it's for
MyoPro is prescribed for people with weakness or partial paralysis in the arm and hand after a stroke, brachial plexus injury, or other neuromuscular condition.1,6 It is referred at rehabilitation centers including Mayo Clinic, Cleveland Clinic, Massachusetts General Hospital, Kennedy Krieger Institute, and twenty Veterans Affairs hospitals.2
The buyer is usually an insurer. Myomo says it has in-network access to more than 100 million covered lives, including Medicare and VA patients, and in 2026 added state contracts with Anthem Blue Cross Blue Shield plans.3
A brace driven by the wearer’s own muscle signals
When the wearer tries to move, sensors in the brace detect the weak muscle signal and a motor moves the arm in that direction, so the person controls the motion. Myomo says this lets users feed themselves, carry objects, and do household tasks.6
The technology came from MIT and Harvard Medical School research. Myomo licensed MIT's patents in 2006, and its first robotic elbow brace received FDA approval in 2007.6,7
Orders and referrals reported each quarter
In the second quarter of 2026 Myomo booked a record 255 orders, added 739 patients to its pipeline, and reported an average selling price of about $55,500. Revenue rose 21% to $11.7 million while operating expenses grew less than 1%.3
More than half of that quarter's revenue came from recurring sources such as clinician referrals, orthotic and prosthetic partners, and the VA. A randomized controlled trial at the University of Utah had enrolled 25 of a planned 50 subjects.3
Prices set by Medicare
The Centers for Medicare and Medicaid Services set fee schedule rates of $33,480.90 for the MyoPro Motion W and $65,871.74 for the Motion G, effective April 1, 2024.5 Because private insurers and the VA negotiate their own rates, the average selling price Myomo reports is the best guide to what the device brings in.3
Competition
Myomo's annual report says powered arm braces face only a few direct rivals, naming Neurolutions in the US and Vincent Systems and HKK Bionics in Germany. It also lists implants that stimulate the vagus nerve, such as MicroTransponder's, and non-powered braces. We compare the MyoPro with one product from each group.11
| Company | Product | Pricing model | Deployment footprint | Where Myomo wins or loses |
|---|---|---|---|---|
| Myomo | MyoPro powered arm and hand brace | Medicare fee schedule rates of $33,481 and $65,8725 | Patients reached through clinician referrals and orthotics and prosthetics channels3,4 | Published Medicare rate and quarterly reporting; small, unprofitable company |
| Neurolutions (IpsiHand) | FDA-cleared brain-computer interface for at-home stroke therapy12 | Prescription device billed under HCPCS E0738 as a Medicare capped rental12 | Chronic stroke survivors at least six months post-stroke12 | IpsiHand wins as a therapy device for stroke recovery at home. MyoPro wins for patients who need powered help with daily arm use and for conditions beyond stroke. |
| Vivistim (Mobia Medical, formerly MicroTransponder) | Implanted vagus nerve stimulator paired with rehabilitation13 | Not published13 | FDA approved for upper limb recovery after ischemic stroke13 | Vivistim wins for patients who want therapy gains without wearing a device. MyoPro wins by avoiding surgery. |
| Saebo (SaeboFlex) | Non-powered dynamic hand splint with springs that reopen the hand14 | Not published; custom-fit by a trained professional14 | Outpatient clinics and rehabilitation facilities14 | SaeboFlex wins on simplicity. MyoPro wins for patients whose muscles are too weak to drive a passive splint. |
Source: Robotics Reviewed analysis of company product pages, filings, and announcements, October 2026.
Limits
Every unit has to be prescribed, custom fitted by a trained clinician, and approved by an insurer, which slows adoption and makes the path to a device longer than a typical purchase.2,3
Losses continue. Myomo reported a net loss of $4.0 million in the second quarter of 2026, including a $1.2 million non-cash charge.3
Guidance has moved around. In 2025 Myomo lowered its full-year revenue guidance to $40 million to $42 million and reported a wider second-quarter loss, and AInvest reported that its shares fell about 9% in a September 17, 2025, session after those results. In 2026 it raised guidance.10,3
What customers say
Where it helps
It’s giving me a sense of self-sufficiency, and to me, that’s pride.
Myomo also points to published clinical research showing an immediate, clinically significant reduction in upper extremity impairment with MyoPro.2
Where it falls short
We found no independent patient reviews to quote. The drawbacks in public material are insurance approval, the fitting process, and the company's continued losses.3
Where customer reviews couldn't be found, our analysts attempted to give a voice to buyer sentiment, drawing on real information from review sites, forums and product documentation. Based on: Myomo financial results, Medicare fee schedule announcement, and patient stories.
Leadership

Paul R. Gudonis
Chairman and chief executive officerGudonis has led Myomo since 2011. He previously ran Genuity and Centra Software and helped introduce AT&T's first cellular service.15
Sources
- Myomo, Homepage, accessed October 31, 2026
- Myomo, About us, accessed October 31, 2026
- Myomo, Second quarter 2026 results, SEC exhibit 99.1, August 5, 2026, accessed October 31, 2026
- Myomo, Fourth quarter and full year 2025 results, accessed October 31, 2026
- Myomo, CMS posts final Medicare DMEPOS fee schedule rate for the MyoPro, March 1, 2024, accessed October 31, 2026
- Myomo, Myomo launches initial public offering via JOBS Act Regulation A+, March 15, 2017, accessed October 31, 2026
- AUTM Better World Project, Myomo e100 NeuroRobotic System, accessed October 31, 2026
- Myomo, Prospectus filed with the SEC, 2020, accessed October 31, 2026
- Myomo, Management, accessed October 31, 2026
- AInvest, Myomo (MYO) shares plunge 9.09% as revised 2025 forecast and wider Q2 losses spur investor fears, September 17, 2025, accessed October 31, 2026
- Myomo, Form 10-K for fiscal 2025, SEC, March 9, 2026, accessed October 31, 2026
- Neurolutions, For clinicians, accessed October 31, 2026
- Vivistim, Homepage, accessed October 31, 2026
- Saebo, SaeboFlex, accessed October 31, 2026
- Myomo, Paul Gudonis leadership profile, accessed October 31, 2026


