Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the healthcare industry. This time, you get to discover 5 hand-picked startups developing equipment management solutions.
Global Startup Heat Map highlights 5 Top Healthcare Equipment Management Solutions out of 556
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence-powered StartUs Insights Discovery Platform, covering 2.093.000+ startups & scaleups globally. The platform gives you an exhaustive overview of emerging technologies & relevant startups within a specific field in just a few clicks.
The Global Startup Heat Map below reveals the distribution of the 556 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 healthcare startups that we hand-picked based on criteria such as founding year, location, funding raised, and more. You get to explore the solutions of these 5 startups & scaleups in this report. For insights on the other 551 healthcare equipment management solutions, get in touch.
Relatable tracks Equipment Utilization
Most healthcare devices are not used to their full potential. This is due to either the lack of knowledge or the presence of redundant devices. Therefore, MedTech startups are developing equipment management solutions that track the utilization of healthcare resources. These solutions help medical personnel understand product offerings and alternatives, eliminate subjectivity, and improve decisions in care delivery.
Relatable is a US-based startup that develops medical device data management solutions. The startup’s solution, Product Data Catalog (PDC), collects data from devices and makes them easily accessible to employees, allowing them to make informed decisions about equipment utilizations. The startup’s Analyze Leading to Action (ALTA) function analyzes the data from different devices and gives insights to measure and reduce clinical variation. In addition, the software’s Guided Purchase Solution (GPS) empowers surgeons and employees with a data-driven approach to make informed business decisions based on equipment utilization and supplier pricing.
Asimily provides a Medical Device Management Platform
The implementation of Internet of Things (IoT) technologies in the field of healthcare has increased the connectivity of devices within a facility. This opens up new opportunities that increase operating efficiency using device data management. Therefore, startups are developing new software solutions for medical device data management. To mitigate the risk of cyberattacks, device management platforms also integrate cybersecurity provisions.
Asimily is a US-based startup that provides medical device assets and cybersecurity management platforms for healthcare facilities. The startup’s software understands the topology of the device network and performs the baselining and profiling of all the devices. This aids in the quick detection of anomalies. Further, the forensic analysis module identifies the root cause and focuses the limited time and resources on key issues. Asimily also provides solutions for cybersecurity and device tracking to ensure the upkeep of devices.
SoftComply ensures Compliance with Healthcare Regulations
As the healthcare sector is heavily regulated, companies are finding it increasingly difficult to ensure that products adhere to changing global regulations. Therefore, startups and scaleups are developing software platforms that consolidate all the processes for regulatory compliance. These solutions provide visibility into compliance and revenue risks while reducing administrative burdens.
German startup SoftComply provides a software solution that automates the compliance process for medical devices. MediCompli, the startup’s solution, fast-tracks the development and implementation of the quality management system. It is fully customizable to meet the different requirements of quality documents for different devices. Risk Manager is another SoftComply module that records links between risks, requirements, test cases, and other risks for traceability and audit trials. It is fully customizable to any risk management method or approach including hazard analysis and failure mode (criticality) analysis (FM(C)A).
Tinc manages the Maintenance of Medical Equipments
Coordinating the maintenance activities of all the equipment in a healthcare facility is cumbersome. This is why startups and scaleups are developing equipment management software that organizes maintenance requirements. The solutions provided by these startups digitize the medical equipment maintenance process and ensure periodic maintenance. This reduces the chance of sudden failures and the need for emergency repairs.
Tinc is a Mexican startup that digitizes the maintenance process of medical equipment. The startup’s software tracks the utilization of devices and generates service orders automatically based on the frequency of preventive maintenance. The system then alerts the owner of the device when a service is due. The system also helps to make better decisions regarding service or replacement by measuring the performance and risk metrics of the devices. These parameters filter unsafe and out-of-service assets, thus increasing the safety and efficiency of medical procedures.
HealthGenuity develops Solutions for Connected Medical Devices
Advancements in wearable and implantable medical devices have increased their demand for therapy and health monitoring. Patient feedback and real-time monitoring are important to ensure the effectiveness of these devices. Medical device companies require this data to ensure product quality and make strategic decisions. Therefore, digital healthcare startups are developing solutions that enable remote monitoring of medical devices.
HealthGenuity is a Polish startup that develops software solutions for connected medical devices. The startup’s solution for healthcare providers analyzes data from medical devices using machine learning, delivering actionable insights to doctors and patients to effectively utilize the device to its full potential. This allows the software to continuously improve the technological capabilities and operational quality of the devices. The real-time monitoring of the devices increases flexibility to address different care model expectations of local care teams and give personalized care.
Discover more Healthcare Startups
Healthcare startups such as the examples highlighted in this report focus on mobile health, genomics, immersive technology as well as telemedicine. While all of these technologies play a major role in advancing the healthcare industry, they only represent the tip of the iceberg. To explore more healthcare technologies, simply get in touch to let us look into your areas of interest. For a more general overview, you can download our free Healthcare Innovation Report to save your time and improve strategic decision-making.