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 five hand-picked startups offering diagnostic devices.
Out of 1 796, the Global Startup Heat Map highlights 5 Top Startups offering Diagnostic Devices
The insights of this data-driven analysis are derived from the Big Data & Artificial Intelligence (AI)-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 1 796 exemplary startups & scaleups we analyzed for this research. Further, it highlights five health care 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 five startups & scaleups in this report. For insights on the other 1 791 diagnostic device solutions, get in touch with us.
Odin Technologies offers Hematology Diagnostics
Founding Year: 2018
Location: Houston, US
Partner for Non-Invasive Hemodynamics Detection
US-based startup Odin Technologies manufactures Hemoflow, a non-invasive hemodynamics-monitoring wearable device. It consists of light emitters and detectors that collect data when placed on the injured limb to monitor blood flow. The startup’s diagnostic engine analyzes this data using deep learning and artificial intelligence to assess tissue perfusion and muscle compartment pressure. This enables doctors to recommend the most effective treatment options to patients. Conventional hemodynamics diagnostic methods, on the other hand, subject patients to ailments like Acute Compartment Syndrome (ACS). Being a non-invasive alternative, Hemoflow saves patients from unnecessary emergency fasciotomies.
ImageBiopsy Lab simplifies Musculoskeletal Imaging
Founding Year: 2016
Location: Vienna, Austria
Funding: USD 4,3 M
Use for AI-based Healthcare Diagnostics
Austrian startup ImageBiopsy Lab develops AI-based medical imaging solutions for the diagnosis of arthritis, osteoarthritis, and osteoporosis. The startup’s musculoskeletal (MSK) software, IB Lab ZOO, uses image analysis algorithms to identify and classify MSK-related disease symptoms on radiographs. The startup also offers proprietary imaging solutions to extract information from digital X-rays of bones, hips, legs, and knees. These solutions allow physicians, radiologists, and orthopedists to make better treatment decisions and avoid false positives.
Biopix provides a Molecular Diagnostic Device
Founding Year: 2019
Location: Voutes, Greece
Funding: USD 1,7 M
Collaborate with Biopix for Point of Care Genetic Testing
Biopix is a Greek startup that offers Pebble, a portable molecular diagnostic device for point of care diagnosis. Pebble facilitates genetic testing by performing a real-time quantitative colorimetric loop-meditated isothermal amplification (qcLAMP). It extracts quantitative information from nucleic acids or crude samples, such as swabs, saliva, and biopsy tissue. Over traditional genetic testing techniques like a polymerase chain reaction (PCR), the startup’s calorimetric indicators visually indicate DNA amplification. Moreover, the indicators do not depend on co-existing non-target DNA molecules. This enables rapid detection of infectious diseases, like COVID-19 and influenza A, as well as identifies mutations in the virus.
X-trodes facilitates Cardiac & Sleep Measurement
Founding Year: 2019
Location: Herzliya, Israel
Funding: USD 4,5 M
Reach out for Electrophysiological Monitoring
Israeli startup X-trodes provides a wearable diagnostic device for the measurement and analysis of electrophysiological signals. The device combines a multi-electrode patch system with sensors and Bluetooth amplifiers. It measures and analyzes electrophysiological parameters such as electroencephalography (EEG) for brain waves, electrooculography (EOG) for eye movement, and electrocardiography (ECG) for cardiac activity. Further, the startup’s multi-electrode patch provides AI-driven insights on sleep patterns and sleep disorders. This allows patients to comfortably self-monitor their sleep at home. The patch also enables athletes to monitor various fitness parameters by sensing the electrophysiological activities of muscles. Besides, it ergonomically adjusts as per the athlete’s skin and body curves, thereby enabling durability and outdoor measurement.
BugSense Diagnostics simplifies Urinary Tract Infection (UTI) Detection
Founding Year: 2019
Location: Munich, Germany
Work with the startup for Point of Care Testing
BugSense Diagnostics is a German startup that develops BugSense, a diagnostic device to detect urinary tract infections. It is a paper-based patch that works as a culture machine. Conventional UTI diagnostics require patients to start a broad-spectrum antibiotic until an accurate personalized assessment of the infection is available. This delay leads to the development of multi-resistant germs in the body. BugSense, on the other hand, detects UTI and antibiotic resistance at the same time, reducing the testing time and avoiding unnecessary antibiotics prescriptions for patients.
Discover more Healthcare Startups
Healthcare startups such as the examples highlighted in this report focus on in-home diagnostic systems, real-time health monitoring, and healthcare wearables. While all of these technologies play a major role in advancing the healthcare industry, they only represent the tip of the iceberg. To explore healthcare technologies in more detail, simply let us look into your areas of interest. For a more general overview, download our free Healthcare Innovation Report to save your time and improve strategic decision-making.
