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 HealthTech startups developing wearables.
Out of 738, the Global Startup Heat Map highlights 5 Top HealthTech Startups developing Wearables
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 738 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 733 HealthTech startups developing wearables, get in touch.
Aidmed specializes in Wearables for Physiological Diagnostics
As people age, some develop diseases and conditions that require continuous monitoring, such as diabetes and cardiac or respiratory issues. Traditional methods of physiological diagnosis are not patient-friendly and regular tests are expensive. This prompts MedTech startups to utilize advancements in biosensor technology to build solutions that simultaneously gather lots of data. Further, they use machine learning (ML) algorithms to analyze and detect patterns from this data.
Aidmed is a Polish startup developing a chest-worn portable device to track physiological parameters. The wearable recorder, Aidmed One, incorporates advanced biosensors that collect various biosignals including pressure, temperature, and electrocardiogram (ECG). Aidmed One optimizes the diagnostic and therapeutic process for medical practitioners and is under trials for applications in cardiology, pulmonology, and infectiology. The solution also employs artificial intelligence (AI)-based data analytics from the device data. This provides doctors with valuable insights into their patients’ conditions and in identifying potential patients who are at risk of disease.
Startoon Labs offers Wearables for Physiotherapy & Rehabilitation
Physical injuries require time for bones or other functions to heal. At the same time, physiotherapists and their patients lack clarity regarding the healing progress. On the other hand, experience and continuous scanning or X-rays inform doctors about the recovery stage. Increasingly, MedTech startups are testing the accuracy of range of motion (ROM) as a measure for rehabilitation progress. Combining ROM-based solutions using wearables enables real-time progress monitoring and elimination of ambiguity for doctors and patients.
Indian startup Startoon Labs offers Pheeze, a wearable device that patients wear during physiotherapy sessions. The device provides real-time biofeedback of ROM and electromyogram (EMG) of the target muscles. Pheezee is suitable for upper limb, lower limb, and spinal cord assessments. The wearable solution also finds applications beyond physiotherapy and caters to neurosurgeons, urologists, and pain therapists, among others. Pheeze allows doctors to track their patients in real-time during the sessions and when they are at home.
EloCare builds a Personalized Menopause Care Device
Hormonal levels in women vary between individuals and also fluctuate during the day. This renders blood tests that detect changes in hormone levels unreliable. Besides, women are often unprepared or even unaware of what they are going through. In extreme cases, this may lead to depression and anxiety-related issues. Further, sudden changes in hormonal levels also expose women to the risk of contracting numerous diseases. Wearable technology allows women and their doctors to gain a real-time understanding of these changes and take appropriate actions sooner.
Based out of Singapore, EloCare is an internet of medical things (IoMT) startup providing solutions for chronic and aging care as well as menopause care. The startup’s personalized healthcare wearable, Elo, is suitable for use by all women experiencing menopause. Elo objectively and continuously monitors symptoms and health parameters to create personalized health profiles. The wearable device data is then used to suggest lifestyle or medical interventions if required. Elo, thereby, allows women and their doctors to make personal and data-driven decisions regarding menopause care.
Evren Technologies advances Post-Traumatic Stress Disorder (PTSD) Management
Globally, there is a growing awareness of mental health issues as well as an increase in the number of people diagnosed with depression or anxiety. Apart from extreme causes of PTSD, such as experiencing or witnessing war or severe violence, depressed or anxious people are more likely to experience PTSD when traumatic events occur. Wearables provide an alternative, or complement drug use, to combat PTSD. For example, mental health wearables analyze the user’s hippocampus or detect anomalies in their emotional processing.
US-based startup Evren Technologies advances PTSD management through their earbud, The Phoenix, which targets the vagus nerve system (VNS). The earbud delivers a light electrical tingle to activate the vagus nerve, which provides a calming effect on the body and helps reduce the symptoms of PTSD. The Phoenix is non-invasive and does not have any adverse side effects. Further, the earbud utilizes adaptive-response algorithms and multiple modes of treatment to target pain relief and customize treatments based on the user.
Sweati develops a Sweat Monitoring Patch
Sweat contains small quantities of electrolytes, sugars, and acids, apart from water. These factors make it ideal to test for various chemicals and biomarkers. Advances in electrochemical wearable sensing devices enable a range of applications from sweat monitoring, such as detecting cystic fibrosis or tracking changes in chemical compositions due to food intake. HealthTech startups are developing wearables for monitoring sweat for both medical practitioners and their patients, as well as for everyday health monitoring.
British startup Sweati develops a fabric-based wearable patch for sweat monitoring. The non-invasive sweat monitoring patch, Sweati, improves performance and health through real-time measurement, analysis, and feedback of glucose, lactate, and hydration levels. Sweati features an ergonomic and waterproof design that fits the users’ skin like a band-aid and transmits data to their mobile app. The wearable solution eliminates the need for drawing blood or urine to regularly test for biomarkers, for example, glucose in diabetic patients.
Discover more Healthcare Startups
Healthcare startups such as the examples highlighted in this report focus on personalized healthcare, anxiety management as well as vitals monitoring. 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.