Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on solutions for the healthcare sector. As there is a large number of startups working on a wide variety of solutions, we want to share our insights with you. This time, you will discover 5 promising startups developing anxiety management solutions.
Heat Map: 5 Top Anxiety Management Solutions
Using our StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally, we looked at innovation in the field of healthcare. For this research, we identified 903 relevant solutions and picked 5 to showcase below. These companies were chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and technology among others. Depending on your specific criteria, the top picks might look entirely different.
The Global Startup Heat Map below highlights 5 startups & scaleups developing solutions for anxiety disorders. Moreover, the Heat Map reveals regions that observe a high startup activity and illustrates the geographic distribution of all 903 companies we analyzed for this specific topic.
Meru Health – Wearables For Anxiety Management
Stress is one of the most common causes of mental health problems such as depression, anxiety, and addiction. Mental health problems directly affect productivity and efficiency in a work environment. Advancements in technologies such as wearables help people monitor, manage, and deal with anxiety.
The US-based startup Meru Health combines wearable technology, behavioral sciences, and proactive healthcare to help patients suffering from anxiety disorders. The startup utilizes cognitive behavioral therapy (CBT) and measures heart rate variability (HRV) to help reduce anxiety in patients. HRV biofeedback further strengthens the user’s parasympathetic system and enables quick recovery from anxiety attacks.
Retinas – Virtual Reality (VR)-Based Anxiety Management
Meditation often keeps the mind calm, regulates heartbeat, and triggers mental relaxation. People suffering from anxiety disorders use meditation as a supporting technique to manage their anxiety. Virtual reality has the ability to create environments with multi-sensory perceptions, incorporating several sensory elements, that eventually enable people to comfortably meditate. Startups develop custom VR environments to help treat anxiety and phobia.
The US-based startup Retinas develops Safemind, a VR-based anxiety and phobia management platform to aid medical professionals. With the help of virtual reality, the startup enables the inclusion of 3D, immersive, and interactive environments for patients suffering from anxiety disorders.
PocketCoach – Chatbot Assistance
Chatbots have applications in multiple industries including retail, telecom, insurance, and healthcare. Moreover, the round-the-clock availability of chatbots makes them ideal for patients suffering from anxiety disorders as attacks are often unpredictable. These smartphone-based virtual assistants allow users to receive timely recommendations on how to manage and tackle anxiety disorders.
Austrian startup PocketCoach develops a smartphone-based digital coach to treat and manage anxiety. The mobile application integrates Cognitive-Behavioral Therapy (CBT) and Mindfulness-Based Stress-Reduction (MBSR) to create simple-to-use tools and frameworks for managing anxiety. This application also enables users to build up various coping mechanisms and to eventually not feel anxious.
Wysa – Remote Therapist
Seeking professional help from psychiatrists and therapists to manage mental health problems, including anxiety, is usually expensive. Advancements in digital technologies enable therapists to provide virtual consultations that reduce the overall cost of therapy while also encouraging more people to try it out. With the help of chatbots and other remote telemedical solutions, startups expand the reach of mental health services to a wider population.
Indian startup Wysa creates its eponymous artificial intelligence (AI)-enabled chatbot to treat mental illnesses such as anxiety. The startup provides therapy with daily text messaging support from qualified global mental health professionals at affordable rates. Wysa also provides hundreds of self-care exercises that enable users to learn about diverse issues arising from anxiety disorders such as body image problems, sleep disorders, and mood swings.
Dendro Technologies – Smart Calming Devices
Listening to music, having fewer cups of coffee, and visualizing relaxing situations also help anxious people become calm. Advancements in medical devices create opportunities for startups to focus on finding specific solutions for various mental health disorders. Startups combine medical devices with traditional psychiatric concepts and develop solutions to improve the mental wellbeing of anxious people.
The US-based startup Dendro Technologies offers CalmiGo, a smart calming device that helps users regulate their breathing in case of an anxiety attack. The startup helps activate the parasympathetic system in patients to trigger relaxation. CalmiGo also incorporates scents in the device that simulates a familiar memory. This ensures that the patient is already in the process of becoming calm, before actually using the device.
What About The Other 898 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 so you can achieve your goals faster. The 5 anxiety management solutions showcased above are promising examples out of 903 we analyzed for this article. To identify the most relevant solutions based on your specific criteria, get in touch.