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 startups developing COVID-induced solutions.
Global Startup Heat Map highlights 5 Top COVID-induced Solutions out of 382
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 382 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 377 COVID-induced solutions, get in touch.
Metabolic Insights develops a Saliva-Based COVID Testing Device
The COVID-19 pandemic forced the healthcare industry to develop effective alternatives for RT-PCR tests to enable rapid testing. And even though PCR tests are the most reliable at present, startups utilize molecular engineering and biotechnology to create accurate rapid COVID detection tests to aid in curbing the spread. For example, antigen & antibody testing techniques surfaced as effective screening tests before RT-PCRs.
The Canadian startup Metabolic Insights provides cloud-connected no-swab testing devices for different analytes, including SARS-Cov-2. The startup’s non-invasive testing device, MetX, utilizes an electrochemical approach and eliminates the need for reagents. Metabolic Insights’ solution for COVID testing assists clinicians and customers in point-of-care testing, pushing the testing process period below 10 minutes, thereby enabling rapid testing.
SenSights.AI devises AI-Based Infection Prevention and Control
The COVID situation forced people worldwide to follow social distancing and regular use of N-95, FFP2, or even FFP3 masks. Even then, frontline workers have a higher risk of contracting the coronavirus due to constant exposure. Therefore, startups develop infection control solutions to protect frontline workers from getting infected. For example, remote health monitoring and telemedicine platforms eliminate direct contact between patients and healthcare professionals to ensure their safety.
SenSights.AI is a Canadian startup that develops COVID-19 risk assessment solutions using artificial intelligence. The startup’s health monitoring platform Safe2Work tracks COVID-related symptoms in healthcare workers in real-time, including heart rate, heart rate variability, oxygen saturation, and temperature. The startup’s AI-based algorithm enables early detection of potential risk and reduces onward infection among frontline workers, avoiding further virus spread and ensuring safety.
Air to All creates Advanced Respiratory Protection Solutions
The shortage of ventilators, personal protection equipment (PPE), and other medical supplies derailed healthcare providers amid the coronavirus spread. This led to OEMs switching their interests to address the supply chain disparity in medical supplies, delivering effective yet expensive solutions. Startups, on the other hand, utilize innovations in technology to develop reliable and cost-effective respiratory solutions to help COVID patients and frontline workers fight the pandemic.
Air to All is a US-based startup specializing in non-profit respiratory solutions. The startup’s first product Air One PAPR (powered air-purifying respirator), provides constant high-efficiency particulate air (HEPA) filtered airflow to safeguard workers from contaminated aerosols. Besides, Air to All also has another product in development, Model A Ventilators. These are scalable ventilators for emergency stockpiles and everyday shortages, which address the pandemic’s ventilator requirements.
Adagio Therapeutics specializes in COVID-19 Antibodies Development
The search for a COVID vaccine started from day one of the COVID-19 pandemic. Even though pharmaceutical companies have formulated efficient vaccines for the disease, the virus is mutating, thereby increasing the chance that current vaccines become ineffective against newer strains. Startups utilize innovations in molecular engineering and biotechnology to find efficient antibodies for fighting SARS-CoV-2 and its variants.
The US-based startup Adagio Therapeutics develops antibodies that can broadly neutralize SARS-CoV-2, SARS-CoV-1, and other coronaviruses. The startup’s antibody development processes focus on delivering both therapeutic and prophylactic treatments of the disease, providing a long-term solution for COVID-19.
Levvel Health works on Telemedicine for Remote Patient Monitoring
An increase in COVID patients also increases the risk of coronavirus contraction among healthcare workers. That is why startups develop smart remote patient monitoring solutions to minimize direct patient-worker contact to ensure their safe being while still providing high-quality health care. This practice drastically reduces the risk of virus exposure to healthcare professionals thus facilitating a safer working environment.
Danish telemedicine startup Levvel Health provides a remote COVID patient monitoring platform. The startup offers a clinical protocol for remote screening and monitoring, allowing healthcare providers to give preventive healthcare. Levvel Health’s COVID-19 telemedicine solution uses automated triage to optimize capacity and enables a single clinician to monitor up to 500 patients a day. The startup’s solution eliminates the risk of contagion for both healthcare professionals and the patients thus ensuring safety.
Discover More Healthcare Startups
Healthcare startups such as the examples highlighted in this report focus on AI, mobile health, telemedicine as well as gene editing. While all of these technologies play a major role in advancing healthcare, they only represent the tip of the iceberg. To explore more healthcare technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Healthcare Innovation Report to save your time and improve strategic decision-making.