Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for the healthcare industry. As there are many startups working on various different applications, we want to share our insights with you. Here, we take a look at 5 promising digital therapeutics startups.
Heat Map: 5 Top Digital Therapeutics Startups
For our 5 top picks, we used a data-driven startup scouting approach to identify the most relevant solutions globally. The Global Startup Heat Map below highlights 5 interesting examples out of 333 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
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Mindable – Cognitive Behavioral Therapy (CBT)
There has been increased awareness of mental health disorders in recent years. These include depression, anxiety, psychosis, addiction, and eating disorders, among others. Cognitive behavioral therapy changes the way patients think to treat their mental disorders. Unlike traditional psychotherapy, it has clearly defined goals and is clinically validated.
Mindable is a German startup that develops cognitive behavioral therapy-based solutions to treat anxiety and related disorders. The startup’s app identifies behavioral patterns that cause panic attacks in users to understand their anxiety better. Afterward, the app suggests behavioral changes that enable users to confront their fears.
Bold Health – Gut Health
Gut microbes influence mental health, which in turn influences gut health. For example, irritable bowel syndrome (IBS) is a condition that affects millions of people and is triggered by stress and anxiety. The symptoms are painful and cause additional stress to the patients. Digital therapeutics solutions help patients manage their response to IBS and relieve some of the pain.
The UK-based startup Bold Health builds digital therapeutics solutions to improve digestive health. The startup’s app, Zemedy, offers a 10-week CBT program to address IBS. The solution is also available to healthcare professionals and businesses who extend it as an experience to their patients and employees, respectively.
BehaVR – Addiction Therapy
The addiction rehab process is usually a very long one. It is incredibly difficult for patients to adhere to the program for its entire duration. Digital therapeutics solutions improve adherence by providing timely motivation thereby also reducing relapse rates.
The US-based startup BehaVR creates virtual reality (VR) based digital therapeutics solutions. BehaVR’s platform combines VR, cloud computing, and machine learning to create experiences that encourage healthy behaviors. This promotes better program adherence and stress resilience to enhance the success of addiction therapy.
Naluri – Chronic Disease Management
Millions of people suffer from one or more chronic illnesses such as heart disease, diabetes, arthritis, and chronic obstructive pulmonary disease (COPD). The management of these chronic diseases needs to be proactive, easily accessible, and involve self-management. Digital therapeutics make use of devices that people always carry with them, including phones, to minimize the risk of emergencies from chronic illnesses.
Naluri is a Malaysia-based digital therapeutics startup that focuses on chronic diseases and overall health and wellness. Available as a smartphone app, the company offers personalized digital programs that cover mental resilience, diet, exercise, stress management, and self-care to enable better chronic disease management. In addition to individual users, the startup also serves corporates and insurers.
Kelvi – Athletic Recovery
Injuries are common among athletes and most of these are minor and healed easily by applying an ice pack or a hot-water bottle. However, compliance with such procedures is usually very low as athletes tend to underestimate their injuries. Digital therapeutics solutions provide a measurable metric for recovery and increase compliance.
Kelvi is a US-based startup that uses digital technologies to develop solutions for cryo-/thermotherapy solutions for athletic recovery. The startup’s patented solution Kelvi Pro™ is a portable, self-contained solution that offers heating, cooling, and pressure in a single system. Moreover, the device monitors skin temperature and automatically applies heating or cooling to achieve a precise therapeutic effect. This makes recovery hassle-free, personalized, and easy to follow through the mobile app.
What About The Other 328 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence for your Proof of Concept (PoC), partnership, or investment targets. The 5 digital therapeutics startups showcased above are promising examples out of 333 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.
