Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on innovative solutions in 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 pediatrics startups.
Heat Map: 5 Top Pediatrics Startups
Using the 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 1.066 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 relevance of 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 innovative pediatric solutions. Moreover, the Heat Map reveals regions that observe a high startup activity and illustrates the geographic distribution of all 1.066 companies we analyzed for this specific topic.
Click to download
InkSpace Imaging – Magnetic Resonance Imaging (MRI)
Pediatric patients sometimes find it hard to keep still while conducting a medical examination. For medical imaging procedures like MRI, this often results in distorted imaging and additional imaging costs. Material advancements enable imaging companies to provide accurate MRI scans without sedating the patients. Pediatrics startups & scaleups develop imaging solutions that facilitate the diagnosis of pediatric patients.
The US-based startup InkSpace Imaging creates a manufacturing technology for the production of customized MRI coils. These patient-specific coils are customizable in terms of weight, size, flexibility, and cost, making it viable for pediatric applications. The startup’s solution improves patient experience and decreases the use of general anesthesia as well as overall imaging costs.
Evoendo – Pediatric Endoscopes
Conducting an endoscopy on children using endoscopes designed for adults is counterproductive because adults and children have different anatomies. Such predicaments call for the manufacturing of children-friendly medical devices that are low cost and eliminate the need for analgesics or sedation. Medical device startups and scaleups develop single-use endoscopes for pediatric patients.
The US-based startup Evoendo offers a single-use transnasal endoscope. Evoendo’s endoscope design fits pediatric nasal anatomy and eliminates the need for anesthesia. The endoscope features a 2 mm working channel that accommodates standard accessories and has a 4-way steering functionality. The 1.1-meter length of the endoscope allows medical professionals to complete transnasal esophagogastroduodenoscopies (EGDs) without sedation. A 120-degree field of view, integrated air, water, and suction together provide optimal visualization for doctors. Moreover, the endoscope features a high-definition camera with a proprietary controller that offers high-resolution images and video.
NovaSight – Pediatric Vision Assessment
Through electronic devices such as tablets and smartphones, children get exposure to technology from a young age. Light-emitting displays on these gadgets cause eye strain, especially in children. As a result, increasingly more pediatric patients now require vision assessment. Pediatrics startups develop innovative solutions that keep pediatric patients engaged during a vision assessment helping treat ophthalmological disorders.
The US-based startup NovaSight develops EyeSwift, a quick, accurate, portable, and affordable visual assessment system based on advanced eye-tracking technology. The startup’s proprietary LCD Active Shutter Glasses are connected to the EyeSwift system, enabling wireless control over eye occlusion as well as distance and tilt measurements. Using artificial intelligence (AI) and big data algorithms, the solution processes abnormal eye movement patterns to predict vision and neurological issues.
Fluid Pharma – Taste-Masking Pediatric Medication
Unlike most adults, children tend to avoid medication owing to its taste. Advances in pharmacology enable companies to develop medications with a modified taste. For example, children’s cough syrups taste fruity, so that they willingly take the medication when necessary. Advancing this approach, startups develop taste-masking technologies to integrate with drug development for children.
British startup Fluid Pharma develops MicroCoat, a technology that allows for rapid and cost-effective development of oral liquid drug delivery systems. The startup’s solution is suitable for a wide range of applications, including taste-masking, patient-centric dosing, and gastro-intestinal targeting. The technology enables the manufacturing of drugs that contain coated microparticles to prevent the poor taste of the medication from being felt. The solution is also applicable to adults who are diagnosed with dysphagia.
HypnoVR – Medical Hypnosis
Sedation and analgesics often cause nausea and other postoperative problems in pediatric patients. Additionally, these methods increase the time patients have to spend in hospitals. Virtual reality technology finds widespread applications in the treatment of various neurological problems such as depression and anxiety already. Now, startups develop virtual reality solutions that immerse the patient into virtual environments, improving the anesthetic experience.
French startup HypnoVR provides a multi-sensory immersion medical device for pediatric patients. The HypnoVR headset enables preoperative, perioperative, and postoperative hypnosedation to help patients relax. During this state, the patients experience heightened awareness and increased receptivity to suggestions. The solution significantly reduces postoperative nausea and optimizes the time patients spend in the hospital resulting in cost reductions. The startup’s VR solution has long-lasting analgesic effects, drastically reduces opioid use, and enables faster recovery.
What about the other 1.061 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 and enable you to achieve your goals faster. The 5 pediatrics startups showcased above are promising examples out of the 1.066 we analyzed for this article. To identify the most relevant solutions based on your specific criteria, get in touch.
