Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups in the healthcare industry. 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, we are taking a look at 5 promising predictive analytics and diagnostic solutions.
Heat Map: 5 Top Predictive Analytics & Diagnostic Startups
For our 5 picks of predictive analytics and diagnostic startups, 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 277 relevant solutions. Depending on your specific needs, your top picks might look entirely different.
GlowDx – Artificial Intelligence Tools
Artificial Intelligence (AI) identifies meaningful relationships in raw data. It is used to support diagnosing, treating and predicting outcomes as well as to simulate the course of pandemics, as, for example, the spread of Coronavirus. Further, AI aids in drug development, patient monitoring, and personalized patient treatment plans.
The Irish startup GlowDx develops a diagnostics platform aimed at tackling infectious diseases in emerging economies. It detects mosquito-borne infections like Dengue Fever, Chikungunya, and the Zika Virus, while AI utilizes machine learning to model & predict future outbreaks.
Onward Assist – Machine Learning
Machine learning algorithms provide aid in early disease detection and the assessment of many kinds of disorders such as Dementia, Alzheimer’s and Parkinson’s.
The Indian company Onward Assist builds a predictive analytics platform for oncology, built with expert input from doctors, state of the art computer vision techniques, and machine learning algorithms. Onward Assist enables an AI platform providing automated diagnostic assistant tools focused on Oncology as well as Histopathology and Radiology.
In-Med Prognostics – Image Processing
Image recognition software is being combined with machine learning to help clinicians diagnose diseases using patient images such as photos, test results, x-rays, and other medical images.
India-based In-Med Prognostics offers a cloud-based software called NeuroShield – neural nets-based predictive analytics for various neurodegenerative disorders using imaging data and assists physicians in diagnosing and proactively managing patients. Leveraging state-of-the-art data analytics and deep learning methodologies, this company develops a biomarker algorithm for various neurological disorders, starting with pediatric epilepsy and dementia.
MaxQ AI – Computer Vision
Computer vision through machine learning enables image classification, segmentation, object detection and more. This technology is a helping hand for medical staff and increases quality, accuracy, and predictability, saving diagnosis time and early detection of certain diseases.
The Israeli startup MaxQ AI incorporates deep learning and machine vision software that interprets medical images, such as computed tomography (CT) scans. It reduces misdiagnoses by involving artificial intelligence intrinsic to the diagnostic process for time-sensitive and life-threatening conditions.
Ariana – Chatbots
Using speech/text recognition, chatbots compare the symptoms that they receive from a user against a database of diseases. This can especially be helpful in the case of pandemics, as the need for information is naturally higher during this time. As an example, people who fear that they show symptoms of the novel Coronavirus can refer to a chatbot to describe their symptoms along with other information that determines if they are a suspected case. In response, chatbots recommend an appropriate course of action (to visit the pharmacy, emergency call, etc.) based on a combination of the reported symptoms, the patient’s history, and their circumstances.
The German company Ariana develops a natural-language understanding (NLU) and machine learning-powered platform — a health chatbot designed for the healthcare industry. Through the intelligent use of data, continuous learning, and meaningful conversation, Ariana builds an evolving personal and insightful relationship with its users on a daily basis.
What About The Other 272 Predictive Analytics & Diagnostic Startups?
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 predictive analytics and diagnostic startups showcased above are promising examples out of 277 we analyzed for this article. To identify the most relevant solutions based on your specific criteria and collaboration strategy, get in touch.