Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the healthcare sector. This time, you get to discover 5 hand-picked dermatology startups.
Global Startup Heat Map: 5 Top Dermatology Startups
The 5 dermatology startups you will explore below are chosen based on our data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. This analysis is based on the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 1.3 million startups & scaleups globally.
The Global Startup Heat Map below highlights the 5 dermatology startups & scaleups our Innovation Researchers curated for this report. Moreover, you get insights into regions that observe a high startup activity and the global geographic distribution of the 472 companies we analyzed for this specific topic.
Legit Health – Skin Diagnostics
Skin cancers are easy to miss as many of them are indistinguishable from benign skin lesions. Therefore, dermatologists often surgically excise benign lesions as a precautionary measure. In recent years, the interest in employing artificial intelligence to classify skin conditions has grown. While these technology-powered solutions do not replace doctors, they improve the diagnosis accuracy and speed up the diagnosis process.
Legit Health is a Spanish startup that provides a skin diagnostic tool. The startup’s software uses AI to classify 139 skin pathologies, focusing on the detection of 7 of these, including acne and dermatitis. The software’s algorithms automatically fill in most medical grading systems for the 7 skin conditions. The program detects the smallest of changes, as well as provides high validity, reliability, and minimal important difference (MID).
Derm-Biome Pharmaceuticals – Natural Product Pharmaceuticals
People across the world use natural ingredients such as coconut oil or aloe for skincare. Consequently, consumers seeking effective pharmaceuticals for skin conditions prefer natural products as well. That is why pharma and MedTech startups are investigating a wide range of botanicals to create natural product pharmaceuticals for dermatological needs.
Canadian startup Derm-Biome Pharmaceuticals develops natural product pharmaceuticals to improve skin health. The startup derives pharmaceuticals from betulinic acid, obtained from birch barks. Among others, the lead derivative shows promise in the treatment of atopic dermatitis, psoriasis, acne, and neoplasticism skin disease.
Omnidermal – Pathology Monitoring
In dermatology, determining the cause of a skin condition is often difficult, particularly in earlier stages. MedTech startups are developing medical devices equipped with artificial intelligence to address this gap. This allows dermatologists to recommend precise treatment plans. Moreover, these solutions reduce the time needed for pathology monitoring, as well as help prevent clinical complications.
Based in Italy, Omnidermal builds the medical device WoundViewer that monitors, documents, and classifies skin injuries in just two minutes. The device uses sensors and a camera that allows for its use in any lighting condition. As an example, the device’s artificial intelligence algorithm accurately recognizes and classifies ulcers. By speeding up the identification of skin ulcers, WoundViewer helps hospitals provide effective care and optimize patient management plans.
Cutiss – Personalized Skin Graft
Skin grafting is a surgical procedure wherein skin from one area of the body is transplanted to another area that has lost skin due to burns or other injuries. The procedure leaves a scar and sometimes requires regrafting. To give patients an aesthetically pleasing result, MedTech startups bioengineer personalized skin grafts that do not leave scars. Moreover, bioengineered skin grafts allow for allogeneic therapies by subduing the graft vs. host disease (GvHD).
Swiss startup Cutiss provides personalized, bioengineered, dermo-epidermal skin grafts. The startup isolates epidermal and dermal cells following a biopsy and combines them with hydrogel. DenovoSkin, the startup’s bioengineered skin, is then transplanted on the patient’s wounds. Its unique dermo-epidermal structure ensures minimal scarring after transplantation. The autologous therapy is classified as Advanced Therapy Medicinal Product (ATMP).
Dermatica – Teledermatology
As the name suggests, teledermatology combines telemedicine and dermatology, enabling the remote treatment and monitoring of skin conditions. Patients simply take pictures of their skin and send them to their doctors, thereby minimizing the need for dermoscopy. Telecommunication via mobile phones further enables self-monitoring, as well as remote follow-ups. MedTech startups are working to advance teledermatology solutions for a wide range of skin conditions, including lesions and eczema.
The team of UK startup Dermatica devises an evidence-based treatment and delivers it monthly. The startup’s web-based platform helps patients build a relationship with medical professionals and seek expert help when they need it. The startup also formulates treatments for acne, anti-aging, pigmentation, and melasma.
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