Our Innovation Analysts recently looked into emerging technologies and up-and-coming startups working on innovative solutions for the healthcare sector. As there is a large number of startups working on a wide variety of solutions, we want to share our insights with you. This time, you will discover 5 promising startups developing medical imaging solutions.
Heat Map: 5 Top Medical Imaging Startups
Using our StartUs Insights Discovery Platform, covering 1.379.000+ startups & scaleups globally, we looked at innovation in the field of healthcare. For this research, we identified 576 relevant solutions and picked 5 to showcase below. These companies were chosen based on a data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. Depending on your specific criteria, the top picks might look entirely different.
The Global Startup Heat Map below highlights 5 startups & scaleups developing innovative medical imaging solutions. Moreover, the Heat Map reveals regions that observe a high startup activity and illustrates the geographic distribution of all 576 companies we analyzed for this specific topic.
FITPU Healthcare – Medical Imaging Analytics
With advances in imaging technology, the volume of medical image data far exceeds the number of qualified radiologists. Artificial intelligence (AI) algorithms provide radiologists with automated insights and identification of different parameters from medical images. Startups develop AI-based medical imaging solutions that provide comprehensive insights and also help lower the cost of imaging.
Singaporean startup FITPU Healthcare develops MItalytics, an oncology imaging analytics platform. The startup’s platform performs a quantitative assessment of tissue micro-vascularity in carcinogenic tumors. MItalytics supports both dynamic contrast-enhanced imaging, as well as multi-parametric and multi-modality imaging. The platform also enables the identification of microcirculation disturbances in the event of a stroke. FITPU’s solution enables medical professionals to make timely and accurate clinical decisions to eventually improve patient outcomes.
Medical Harbour – Digital Imaging & Communications (DICOM) Data
A major benefit of DICOM is that it allows access to patient information and medical images in a single network. Moreover, DICOM protects patient data safety and storage by utilizing high-quality imaging data protocols. Advancements in data storage technologies further enable startups to develop DICOM-based solutions for hospitals and medical professionals.
Brazilian startup Medical Harbour develops medical imaging technologies and solutions for radiology and teleradiology. Athena’s DICOM software solutions enable doctors to seamlessly access patient lists and their corresponding medical images. Athena DICOM Essential also allows up to 800% magnification for mammograms. The software synchronizes multiple reference points in images to provide medical professionals with valuable and real-time insights about their patients.
AetherAI – Artificial Intelligence & Medical Imaging
Since an increasing number of people regularly seek healthcare globally, technology plays a vital role in simplifying and automating clinical workflows to maximize healthcare delivery. Technology majorly helps medical professionals reduce the risk of negative clinical consequences in terms of diagnosis and image interpretation, as well as reporting and treatment. Startups develop AI-based imaging solutions that help hospitals reduce cost, improve productivity, and in turn, profitability.
Taiwanese startup AetherAI combines digital microscopy and AI to offer insights on medical images. The startup utilizes a multi-modal image viewer and annotation tools, as well as machine learning (ML) and deep learning (DL) algorithms, to compute mammographic density in cancer imaging. The startup also offers cancer screening models and prognosis prediction models for conducting clinical trials.
Dr CADx – Medical Image Interpretation
There is immense value in deep learning systems, embedded in healthcare solutions, in terms of medical image interpretation. AI is also seen in imaging and informatics where algorithmic learning is applied to significantly large medical data sets, which also include images. Startups and scaleups develop AI-based image interpretation solutions to help doctors analyze large volumes of medical images in an efficient and feasible manner.
Zimbabwe-based startup Dr CADx develops a deep learning-based application to interpret medical images with high accuracy. The startup’s prototype distinguishes chest X-rays of healthy patients from those having tuberculosis (TB) or lung cancer. The startup’s computer-aided diagnostic system provides radiologists with an accurate and low-cost medical imaging solution.
Exo Imaging – Ultrasound Imaging Platform
Full-body ultrasound imaging provides an overview of a patient’s general health. The use of ultrasound waves in medical imaging provides an alternative to radiation imaging, especially for cancer treatments. Medical imaging technologies, such as high-intensity focused ultrasound (HIFU), further allow startups to develop novel ultrasound imaging solutions that are accurate and effective, in addition to being low-cost diagnostic solutions.
The US-based startup Exo Imaging develops an AI-based platform for ultrasound image analysis. The startup’s proprietary micro-machined ultrasound technology (pMUT) combines nanoscale piezoelectric materials with semiconductor capabilities. This technology enables full-body imaging with the help of a silicon-based chip. The solution is suitable for a broad range of diagnostic applications, including tomography machines and wearable device-based diagnostics.
What About The Other 571 Solutions?
While we believe data is key to creating insights it can be easy to be overwhelmed by it. Our ambition is to create a comprehensive overview and provide actionable innovation intelligence and enable you to achieve your goals faster. The 5 medical imaging solutions showcased above are promising examples out of 576 we analyzed for this article. To identify the most relevant solutions based on your specific criteria, get in touch.
