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 tackling traumatic brain injuries (TBIs).
Global Startup Heat Map highlights 5 Top Startups tackling Traumatic Brain Injuries out of 524
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 524 exemplary startups & scaleups we analyzed for this research. Further, it highlights 5 HealthTech 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 519 startups, get in touch.
Cortirio offers a Brain Monitoring Wearable
A high percentage of patients suffer from traumatic brain injuries and experience disability, death, or a persistent vegetative state. To improve the chances of patient recovery, it is important to monitor TBIs closely and continuously, which is currently not practical. Startups are creating portable and wearable brain monitoring devices that notify healthcare professionals if any decline in the patient’s brain activity is noticed.
British startup Cortirio develops a portable scanner that is used in point of care to rapidly diagnose and monitor traumatic brain injuries. Their scanning device is low-cost, provides on-site diagnosis within minutes, automatically analyzes and transfers data, and also raises alarms for deteriorating patient conditions. The startup‘s scanning technology enhances the spatial resolution of functional near-infrared spectroscopy (fNIRS) and embeds it in a wearable device. This enables continuous patient monitoring and helps medical practitioners better handle TBIs.
Cellvation creates Cellular Therapeutics for Traumatic Brain Injuries
When a person suffers from a traumatic brain injury, it is categorized into a primary or secondary injury. The primary injury deals with the impact on the brain, whereas secondary injuries stem from primary injuries. Current medical treatments are heavily focused on treating primary injuries. This is why startups are creating cellular therapeutics to manage secondary injuries and reduce the risks of disabilities that stem from them.
US-based clinical-stage biopharmaceutical startup Cellvation develops cellular therapeutics for the treatment of traumatic brain injuries. Their solution involves the use of an autologous cellular therapy program for the treatment of severe traumatic brain injury in adults and pediatric patients. Their CEVA series of therapeutic programs provide neurologists with an active way to treat secondary TBIs over existing passive treatments.
Qure.ai enables AI-based Scan Assessments
After medical imaging, it requires a professional to study the scans and provide medical advice. This creates delays between the scan and its interpretation which, in turn, exacerbates brain-related injuries that require immediate attention. The long waiting time also creates additional delays in patient care routines. This is why startups are developing AI solutions that save time by interpreting the results from medical scans.
Indian startup Qure.ai develops artificial intelligence algorithms for medical imaging in radiology. The startup’s head computerized tomography (CT) scan algorithms utilize deep neural networks trained with over 300,000 head CT scans. The device-agnostic algorithms provide results in a short time and integrate directly with radiology workflows through the picture archiving and communication system (PACS) and worklist. The AI rapidly quantifies the volume of intracranial structures and lesions precisely. This allows clinicians to track the progress of patients with traumatic brain injuries.
Nyrada develops Therapies for Traumatic Brain Injuries
Due to excitotoxicity, TBIs, if left untreated, sometimes lead to long-term disabilities. Expensive treatment, long rehabilitation, and unsatisfactory patient outcomes limit the wider adoption of TBI care. These factors reduce the likelihood of patients actively seeking the required treatment. To address these challenges, startups are developing novel drugs to economically treat TBIs.
Australian startup Nyrada specializes in developing therapies for cardiovascular and neurological disorders. Their neurological drug discovery tool aims to reduce the long-term disability associated with stroke or traumatic brain injury. They achieve this using a novel family of molecules that limit the number of brain cells that die post-injury. The drug is administered over 3-4 days commencing soon after the brain injury. It interrupts and minimizes the excitotoxicity process responsible for secondary damage to the brain.
Neurovine provides a Concussion Symptoms Tracking App
Concussions are a type of traumatic brain injury resulting from a bump or blow to the head that causes the brain to rapidly move back and forth. Due to the mild nature of the initial contact, physicians often dismiss concussions as minor problems. However, patients end up seeking vague methods and solutions and often find themselves balancing rehabilitation between light exercise and overexertion. To help patients manage their concussion recovery process, startups are developing solutions that allow them to log their health data and follow health experts to gain insights.
Canadian startup Neurovine provides a solution to record and manage concussions and their recovery process. The startup’s solution works by collecting electroencephalogram data using a headband. It then analyzes the data using machine learning models. Patients who seek to safely exercise use the startup’s heart rate monitor which provides alerts via an app to take brain breaks before an activity becomes too strenuous.
Discover more HealthTech Startups
HealthTech startups such as the examples highlighted in this report focus on neurological devices, remote monitoring, and implantable sensors. 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 HealthTech 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.