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10 Medical device startups you need to know

A variety of medical technology startups are making headlines in the industry. They come up with
cutting-edge technology and jaw-dropping crowdfunding rounds, highlighting some promising
prospects.

10 Medical Device Startups You Need to Know

There is no lack of intriguing medical products and treatments – from treating children with
mitochondrial disease to the therapy that alleviates the symptoms of traumatic dreams — and much
more in between.

Take a look at this list of hot medical device startups for ideas on how to grow your
medical supply business.

1. LIVONGO

Livongo, a publicly listed leader in the use of health sciences signals, was established in 2008. It aims to provide patients with chronic illnesses with personalized treatment. Diabetics, weight loss, anxiety, obesity prevention, and mental health can all be supported across the platform.

Patients may use a mobile app and smart devices to monitor their health problems more proactively. An activity tracker and a linked blood glucose monitor are among these items.

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2. FLATIRON HEALTH

Flatiron Health is a leader in creating a shared technology network for public oncology items in the cloud. Oncologists, educators, clinics, investigators, and authorities would benefit from this forum. OncoCloud is the most robust software package available.

Not only that, but it’s for cloud-based oncology applications for community-based oncologists. Flatiron is now collaborating with authorities, researchers, and hospitals. Through billions of medical pieces of information, it helps in the improvement of cancer therapies.

3. DAY ZERO DIAGNOSTICS

This Boston-based startup is developing whole-genome sequencing diagnostics using machine learning. It offers more information about the profile of life-threatening infectious diseases as well as therapeutic approaches.

The MedTech startup is committed to developing clinical support systems that are both faster and more reliable. These systems are designed to detect and treat diseases that spread quickly.

4. RUBI LIFE

Eric Stopper, a student at Brigham Young University, founded Rubi Life. The MedTech firm tracks fetal development in high-risk pregnancies using nanotechnology connected to an elastic maternity band. It includes heartbeat, kick count, and location monitoring.

An expectant mom’s smartphone will receive updates from the display. It can aid in the prevention of preterm birth, stillbirths, and other undesirable birth complications.

5. X-COR THERAPEUTICS

The first commonly produced CO2 removal system was developed by X-Cor, a Boston-based medical device startup. It is a more cost-effective, secure, and widely available choice. It is used to treat patients who are suffering from acute respiratory failure. Machine learning has resulted in a treatment that is both effective and efficient.

Nursing workers should put it in order. The X-Cor device is less invasive than other treatments for acute lung failure. It does, however, necessitate less preparation. It may be used to treat patients with cystic fibrosis, COPD, and other acute conditions outside of an ICU setting.

6. SIGNUM SURGICAL

This MedTech startup located in Galway, Ireland, is working on cutting-edge implant innovations. It aids in post-surgery healing and infection prevention in colorectal patients.

Patients’ results for Signum Surgical’s target patient population are currently unsatisfactory. Infections, gradual recovery, and repeat operations are all part of it. Signum Surgical plans to expand its medical supply business in the future.

7. PARASYM HEALTH

Parasym is a medical equipment company that specializes in neurostimulation. It helps patients with acute disorders and chronic pain improve their quality of life. Their first product uses an ear clip electrode to deliver micro pulses of electrical current to the vagus nerve.

8. GARWOOD MEDICAL DEVICES

Garwood Medical is a cutting-edge medical technology company headquartered in Buffalo, New York, to enhance clinical outcomes. The BioPrax is one of Garwood’s products.

It’s a noninvasive system that uses electrodes to avoid biofilm infections on prosthetic knee implants. It aids in the prevention of microbe development. The FDA recently gave it Breakthrough Device status.

9. ABILITECH MEDICAL

AbiliTech is a Minnesota-based device company whose mission is to help people with upper-limb neuromuscular disorders regain their freedom. The company is developing a variety of practical assistive devices to aid in a variety of daily activities.

Individuals can gain mental, physical, and economic autonomy as a result of it. The Assist system will be officially launched in 2021.

It’s a wearable system that allows patients with reduced strength or range of motion to move their arms with assistance. The AbiliGRIP is one of the other products currently in production. It’s a system that helps patients with reduced hand function.

10. ABLE HUMAN MOTION

ABLE is a device startup based in Barcelona that claims to be the world’s first maker of robotic exoskeletons.

Its mission is to improve the quality of life for people with disabilities. The lower-body exoskeleton is the first home-use device for people with paralysis of the lower limbs.

ABLE is a one-of-a-kind lightweight and simple-to-use device. It offers a cost-effective way for wheelchair users to be fitted with an exoskeleton and slowly walk.

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