1. Artificial Intelligence
AI replaces traditional labor-intensive, time-consuming and expensive processes in healthcare by providing rapid, remote, and immediate solutions for diagnosis, treatment and prevention. HealthTech startups create software platforms, APIs, and other digital products that extend the benefits of AI. Artificial intelligence is used in many areas of healthcare, including clinical workflow management, advanced surgical assistance, and medical diagnosis.
Care AI offers Autonomous Patient Monitoring
Care AI , a US-based startup that offers an AI-powered, autonomous patient monitoring platform, is . The platform connects with the company’s proprietary edge sensors to transform ordinary rooms into Self Aware Rooms. It improves patient safety and reduces medical errors. It can be used to monitor hand sanitation, in-bed patient monitoring in order to prevent falls, as well as prediction of pressure ulcers and tremors.
Ligence creates an Image Analysis Tool
Ligence, a Lithuanian HealthTech startup, develops tools to assess and measure cardiac risk. CardioEchoAI is a tool for analyzing heart ultrasound images. Deep learning algorithms are used to imitate steps taken by a cardiologist during regular heart ultrasound examinations. This speeds up analysis of 2D transthoracic Echocardiography (TTE). The startup’s automated workflow for heart ultrasound imaging reduces examination time by 30 to 5 minutes and improves accuracy and diagnosis.
2. Internet of Medical Products
IoMT allows for products that require minimal or no human interaction to deliver healthcare services. Multiple applications can be made possible by the use of connected medical equipment and infrastructure, such as remote patient management, smart diagnosis, automatic disinfection and smart disinfection. Cognitive IoMT (CIoMT), a sub-trend, combines sensory information, automated processing, and communication via networks for real time diagnosis, monitoring, tracking and disease control.
Uventions offers automated disinfection
German startup Uventions creates solutions for the automated disinfection and maintenance of infrastructure and surfaces. There are many products that can be used to disinfect air, surfaces, handrails, doors, objects, surfaces and door handles. These products can be installed in hospitals, clinics and offices as well as hotels, airports, hotels, and cruise ships. The system detects people and door handles usage, and disinfects automatically with ultraviolet C (UVC) radiation. The dashboard provides real-time reports and documentation of the disinfection process.
Tredomo has a Dose Monitoring Device
Tredomo, a US-based startup, is developing a portable IoMT device to monitor doses. Remote, integrated dose monitoring ensures that a thermosensitive dose is delivered on time and with smart disposal. It continuously monitors every dose, disposable sharps and internal and ambient temperatures. The battery level, performance diagnostics and other parameters are all monitored.
Many governments, healthcare systems and clinicians embraced telemedicine after the COVID-19 pandemic. Telemedicine guidelines were issued by governments to reduce congestion in healthcare facilities. Telemedicine reduces burden on facilities, and decreases personal protective equipment (PPE), as doctors can reach patients via telemedicine. HealthTech startups are developing telehealth services to improve public health by increasing social distance. Telemedicine can also be used to help elderly patients remotely, decrease bed space and conserve clinical supplies.
Ceiba creates a Tele-Intensive Care Unit platform (Tele-ICU).
Ceiba is a Turkish startup that offers a teleICU platform. It offers a customizable dashboard that allows you to view a complete list of ICU patients. You can also relay critical information such as time and bed statuses, demonstrating your need for care. AI-based predictive alerts are provided for sepsis and mortality, length of stay, early warning patients deterioration, acuity score scoring, nurse notes, doctor progress notes, and other relevant information. The solution can be easily integrated with any EHR platform.
Viveo Health offers End-to End Telehealthcare
Estonian startup ViveoHealth provides a fully functioning, end-to–end telehealthcare platform which bridges healthcare and insurance. The startup offers an online doctor consultation platform that can be used by clinics, doctors and patients as well as companies. The platform allows users to make video calls with their healthcare providers and book appointments. It also allows users access to e-prescriptions and e-referrals from their doctors directly through the app.
4. Big Data & Analytics
Digitization has the potential to transform medical data collection, storage and diagnostic techniques. It also allows for remote patient monitoring, consultations, and treatment planning. In the next few years, medical and health data will continue to grow exponentially. MedTech startups use big data analytics and big data to analyze large volumes of unstructured medical data. It enhances patient-based services, detects disease earlier and provides new insight into disease mechanisms. Big data solutions can also monitor and improve the quality of healthcare institutions’ processes.
InnVentis manages chronic inflammation diseases
InnVentis , an Israeli startup, uses big data and machine-learning to offer solutions for diagnosing, monitoring and treating major chronic inflammatory conditions. The platform, which combines high-quality data and advanced algorithms to produce actionable insights that can be used for diagnosis and management of inflammatory disease. It also offers products and services to help find drugs for rheumatoid arthritis (RA). The startup intends to expand its platform to include other inflammatory conditions such as multiple sclerosis, asthma, colitis, and colitis.
MediChain enables secure Medical Data Exchange
MediChain is a British startup that offers a decentralized platform to allow secure, fast and transparent sharing and use of medical data. Blockchain technology is used to secure medical records. It allows patients to access their records to doctors, hospitals and laboratories, pharmacists, as well as health insurance companies. The distributed ledger also records transactions.
5. Immersive Technology
Immersive technologies such as AR/VR, MR and other immersive technologies are on the rise in healthcare. VR can be used in healthcare for a variety of purposes, including rehabilitation therapy and anxiety disorder treatment as well as cognitive and physical rehabilitation. AR/VR is also an important part of medical education. Immersive technology can also be used in surgery for the projection and holographic imaging of patient information, scans, and other purposes.
VRSANO creates a Brain-Computer Interface
VRSANO, a US-based MedTech startup, develops a brain/computer interface. The startup’s technology uses VR, neurofeedback and clinical hypnosis principles in order to maximize health outcomes. Its patent-pending method helps medical patients to get out of distress in a virtual world. It creates a psychological state that aids patients in their mental health. It reduces symptoms, improves long-term outcomes and lowers healthcare costs.
Rescape Innovation supports Patient Care
Rescape innovation is a British startup that develops immersive technologies for supporting patient care. Virtual reality (VR) distraction therapy is the startup’s specialty to help with pain and anxiety/stress management. Patients with cystic fibrosis (CF), can view therapeutic documentaries that allow them to travel around the solar system and experience adrenaline-fueled activities such as skydiving, surfing, and more. Patients feel less anxious thanks to the startup’s interventions.