Staying ahead of the technology curve means strengthening your competitive advantage. That is why we give you data-driven innovation insights into the healthcare sector. This time, you get to discover 5 hand-picked startups developing blood testing solutions.
Global Startup Heat Map: 5 Top Blood Testing Solutions
The 5 blood testing solutions you will explore below are chosen based on our data-driven startup scouting approach, taking into account factors such as location, founding year, and relevance of technology, among others. This analysis is based on the Big Data & Artificial Intelligence (AI)-powered StartUs Insights Discovery Platform, covering over 1.3 million startups & scaleups globally.
The Global Startup Heat Map below highlights the 5 healthcare startups & scaleups our Innovation Researchers curated for this report. Moreover, you get insights into regions that observe a high startup activity and the global geographic distribution of the 108 companies we analyzed for this specific topic.
Omini Labs develops Portable Blood Testing Devices
The time it takes to collect samples via minimally invasive procedures and the subsequent analysis of diagnostic results is a key factor for good patient outcomes. Diabetic patients for instance use blood diagnostic devices to analyze the glucose levels in their blood – a test they can easily perform by themselves thereby saving valuable time while getting insights into their status. Today, Internet of Things (IoT) sensors transform diagnostics by enabling blood diagnostic solutions that are quick, efficient, and portable.
French startup Omini Labs develops a sensor-based portable blood testing device. The startup’s patented sensor technology enables immediate, quantitative, and simultaneous measurement of key biomarkers from small patient samples. Thereby the device gives doctors quick insights into the diagnosis before prescribing medication.
Rhythm Biosciences’ Blood Test detects Colorectal Cancer early-on
Globally, millions of people suffer from colorectal cancer – a form of cancer that rapidly spreads to other organs if undiagnosed. Overall, cancers that are diagnosed in the early stages have the best chance of remission. This is why diagnostics tests are now integrated with artificial intelligence algorithms to increase the speed and accuracy in testing and analyzing. To this end, startups develop cancer-specific blood tests for early detection.
Australian startup Rhythm Biosciences develops a blood test that detects colorectal cancer in its early stages. ColoSTAT, a simple blood test, is cost-effective, minimally invasive, and requires no additional medical infrastructure. The biochemical test measures the presence or concentration of multiple protein biomarkers for colorectal cancer in blood samples.
Droplite leverages Lab-on-a-Chip (LOC) Technology for Point-of-Care (PoC) Testing
The development of technologies such as biosensors, microfluidics, and lab-on-chips contribute to the advances in PoC testing. Further, low-cost and rapid diagnostics are important factors in terms of making blood tests available for a much larger population as they do not use expensive laboratory infrastructure. To this end, startups leverage lab-on-a-chip technology to develop blood diagnostic solutions that analyze and provide insights rapidly.
Spanish BioTech startup Droplite reduces the lead time in testing blood samples via its LOC device. The startup combines optics, nanotechnology, and microfluidics with biology and immunochemistry to create a medical device that analyzes fertility-, allergy-, disease- and veterinary-related issues. Working with just a drop of blood, the device analyzes immunoassay test cartridges in 10 minutes thus eliminating the need for expensive and time-consuming laboratory tests.
2Bull MeDiTherapy creates a Blood Test for Ascending Aortic Aneurysms
Every year, a significant number of people die due to ruptured aneurysms or aortic separation. Considering the severity of this condition, timely diagnosis and treatment are critical. However, conventional diagnosis for this condition often includes expensive and time-consuming check-ups such as magnetic resonance imaging (MRI), x-rays, angiographies, or computerized tomography (CT) scans. That is why startups develop simple blood-based diagnostics as a suitable alternative.
Greek startup 2Bull MeDiTherapy creates a patent-pending blood test to identify ascending aortic aneurysms. The startup’s diagnostic solution achieves a sensitivity of 95% and specificity of 92%. Moreover, the non-invasive blood test can be used repeatedly thereby monitoring the disease and providing clear results about its progress.
Truvian Sciences offers an On-Site Blood Diagnostics Platform
Currently, hospitals and laboratories have a high workload, bringing about longer lead times for analysis and results. As a result, startups develop a multitude of solutions to facilitate smart hospitals, improve efficiency and patient outcomes. For example, bedside analytics, medical imaging, and AI-powered solutions for inventory management provide a platform for hospitals to maximize productivity and quality of healthcare delivery.
The US-based startup Truvian Sciences offers an on-site blood diagnostics platform for healthcare facilities. The startup’s product is compact and covers a wide range of analytes. With 5 drops of a patient’s blood, the device provides insights into blood count with three-part differential, basic medical panel, Hemoglobin A1c, and glucose levels, liver function, and kidney function among others – all in under 20 minutes. Further, the Truvian app enables medical professionals to receive comprehensive and user-friendly reports directly to their smartphones.
Discover all Healthcare Startups
To keep you up-to-date on the latest technology and emerging solutions, we provide you with actionable innovation intelligence – quickly and exhaustively. You can download our free Healthcare Innovation Report and discover new business opportunities or save your time & let us look into your areas of interest. We provide you with an exhaustive overview of new startups, scaleups & emerging technologies that matter to you.
