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 MedTech startups.
Global Startup Heat Map highlights 5 Top MedTech Startups out of 1 773
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 1 773 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 1 768 MedTech solutions, get in touch.
FathomX enables Cancer Screening
Effective cancer screening is essential to detect cancer early and improve patient outcomes. However, imaging-based cancer screening solutions often suffer from high rates of false positives and false negatives. This is why MedTech startups use artificial intelligence (AI) to scan and analyze medical images. AI-based cancer screening solutions improve the sensitivity of cancer screening, as well as reduce costs.
Singaporean startup FathomX develops a cancer screening solution. FxMammo, the startup’s women’s health product, analyzes mammography images and records to estimate the risk of cancer. It uses an AI engine to reduce false-positive rates and speed up the analysis. It also generates lesion heat maps and automatic reports, simplifying follow-up action for clinicians.
Medivis develops Holographic Surgery Tech
Many surgeries are highly complex and require lengthy operating and training times. Advances in immersive technologies, such as augmented and virtual reality (AR/VR), are reinventing surgery by lowering complexity. For example, AR allows surgeons to visualize anatomical structures like vessels, nerves, and tissues. This improves the surgeons’ workflow by increasing the safety and speed of surgeries.
Medivis is a US-based startup that builds a holographic surgery solution. The startup’s SurgicalAR solution combines AR and AI to allow surgeons to overlay images onto the patients. By providing better preoperative guidelines, it improves surgical outcomes while saving costs. Medivis also offers AnatomyX, an AR-based lab and learning platform for anatomy students.
Usono builds a Dynamic Ultrasound Device
Ultrasound imaging finds applications in diagnostics, pregnancy, biopsies, and even in the treatment of soft-tissue injuries. However, their use in dynamic situations such as functional movements has been limited. To address this, MedTech startups are innovating with dynamic ultrasound devices and accessories. These solutions enable assessing tissues in movement and find use in rehabilitation and sports tech.
Usono is a Dutch startup that offers a dynamic muscle ultrasound imaging device. ProbeFix Dynamic, the startup’s product, maintains an ultrasound probe in place during dynamic exercise. This facilitates the use of ultrasound systems during movement, with applications in muscle recovery, general rehabilitation, and intensive care. Moreover, it builds an ultrasound accessory tool with use cases in cardiac monitoring and diagnostic procedures.
Phoenix Orthosis offers a Hand Orthosis
Paralysis following injuries, multiple sclerosis, or cerebral palsy limits the movement of body parts. Orthoses address this limitation by providing external support to the musculoskeletal system. This is why MedTech startups build orthoses for the lower limb, upper limb, spine, and head. In addition to enabling movement, orthoses often facilitate recovery or provide relief as well.
Hungarian startup Phoenix Orthosis makes an antispastic hand orthosis. The orthosis enables functional movement of fingers for patients with spastic hand paralysis. Designed for all-day wear, it is easy to wear and discreet, as well as features wireless charging. The startup’s solution facilitates the rehabilitation of patients by speeding up recovery.
Cerenion advances Brain Monitoring
In intensive care, physicians monitor vitals such as heart rate, blood oxygen levels, and brain activity. However, in cases of hypoxic, ischemic, or traumatic injuries, there is a lack of reliable assessment methods for brain activity. To bridge this gap, MedTech startups are developing novel brain monitoring technologies. Using AI and advanced analytics, such solutions enable accurate assessment of brain activity for diagnostic and therapeutic use cases.
Finnish MedTech startup Cerenion provides brain monitoring solutions. The startup’s C-Trend software uses AI to convert complex electroencephalogram (EEG) data into a simple score. This score is a proxy for the EEG slow-wave activity, a neurophysiological feature of healthy brain function. It enables brain monitoring for intensive care of hypoxic-ischemic encephalopathy, status epilepticus, and delayed cerebral ischemia.
Discover more Healthcare Startups
Healthcare startups such as the examples highlighted in this report focus on robotic surgery, surgical devices, and prosthetics. 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.