Accelerate Productivity in 2025
Reignite Growth Despite the Global Slowdown
Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the healthcare industry. This time, you get to discover 5 hand-picked digital medicine startups.
Global Startup Heat Map: 5 Top Digital Medicine Startups
The 5 startups you will explore below are chosen based on our data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. This analysis is based on the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 1.3 million startups & scaleups globally.
The Global Startup Heat Map below highlights the 5 digital medicine startups & scaleups our Innovation Researchers curated for this report. Moreover, you get insights into regions that observe a high startup activity and the global geographic distribution of the 154 companies we analyzed for this specific topic.
Rx Health builds a Cloud-based Digital Medicine Platform
The COVID-19 pandemic has strained healthcare facilities in terms of capacity and workforce management. This resulted in overworked frontline workers, potentially a cause for increased errors and low productivity. On the other hand, overcapacity creates longer waiting times for non-critical patient care, creating negative perceptions of the healthcare delivery. Startups develop digital solutions that use augmented reality (AR), smartphones, or wearables to improve healthcare delivery and patient interaction.
US-based startup Rx Health develops an enterprise-level, HIPAA-compliant digital health platform for prescription digital therapeutics applications. The platform features RxUniverse, an electronic health record (EHR)-integrated API platform that curates solutions developed by healthcare organizations. The startup’s RxBulk solution uses AI to engage thousands of users registered in the platform. Further, RxView allows healthcare professionals to track their patients with interactive dashboards.
WeHealth Digital Medicine develops a Smart Wearable Shirt
eHealth increasingly affects the way healthcare professionals interact with their patients. A key contributing factor is wearable devices that collect data on digital health biomarkers that is later run through analytics platforms. Startups combine wearables and digital health technology to create effective patient diagnostics and treatment solutions.
French startup WeHealth Digital Medicine creates a smart wearable shirt called Cardioskin. The device uses embedded electrodes to generate electrocardiogram (ECG) data that the Cardioskin Recorder stores for 14 days. Cardioskin also features a rechargeable battery with a charge time of 2 hours and power backup up to 30 hours. The application, along with their cloud service, tracks the users’ cardio data to provide insights and raise warnings, if necessary.
Amiko offers Smart Inhalers
Asthma and other respiratory illnesses affect a significant portion of the human population, especially children. Users of inhalers and respiratory devices have to follow a strict regimen which is difficult for young children. Startups create child- and parent-friendly solutions by digitizing devices and offering automated usage tracking.
British startup Amiko specializes in smart inhalers that connect to sensors and use data analytics to monitor usage. Patients attach Respiro to their existing inhalers which then connects to their smartphones. This allows users to easily track the flow of the inhaler when in use. Further, a dashboard tracks patient data and generates reports to refine and improve the treatment process over time.
Canary Health Technologies builds Digital Cancer Screening Solutions
The early detection of cancer is vital to its treatment and to increase patient outcomes. For example, progressing towards becoming cancer-free or entering the remission phase. Treating cancer in its later stages also poses a high degree of pain and stress to the patient and is more expensive to treat. This prompts MedTech startups to use biomarker detection and digital screening techniques for early cancer detection.
US-based startup Canary Health Technologies creates a cancer detection tool that utilizes nanosensors and AI to identify cancer biomarkers in a person’s breath. The solution analyzes volatile organic compounds in a person’s breath in 3 minutes without requiring any laboratory processing of samples. The device also provides real-time results without requiring pre- or post-processing of samples, considerably reducing delays.
PreMedicus works on a Population Health Management Platform
Healthcare costs are a primary reason for patients not receiving a medical test regularly. To tackle this challenge, startups develop solutions that use digital ecosystems to monitor the health of registered patients and anticipate potential problems. For example, startups utilize big data analytics to find patterns in various public health registries or through privacy-based data sharing solutions. As a result of these solutions, patients find more affordable healthcare by registering with similar platforms.
US-based startup PreMedicus creates a population health management platform using a cloud-based software-as-a-service (SaaS) model. The software utilizes machine learning and AI to optimize clinical algorithms that predict impending health problems. Moreover, patients operate the app independently, or jointly with telemedicine systems, to help doctors better understand patient conditions.
Discover more Healthcare Startups
To keep you up-to-date on the latest technology and emerging solutions, we provide you with actionable innovation intelligence quickly and exhaustively. You can download our free Healthcare Innovation Report and discover new business opportunities or save your time & let us look into your areas of interest. We provide you with an exhaustive overview of new startups, scaleups & emerging technologies that matter to you.
