Effective management of healthcare supply chains enables hospitals and clinics to deliver medications and essential medical devices on time. In recent years, the spotlight has intensified on healthcare supply chain companies, driven by growing demands for efficiency, transparency, and resilience. This article provides an analytical overview of 10 new healthcare supply chain solutions. They include supply chain transparency, supply chain analytics, medical packaging, and more. Whether it’s combating global health crises or streamlining daily operations, these companies ensure that health systems remain robust and responsive. If there’s something missing or off, your tips are welcome!
Continue reading to gain up-to-date and data-driven insights on:
- Profiles of 10 Emerging Healthcare Supply Chain Solutions
- How to Scout Top Healthcare Supply Chain Solutions Easily
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Key Takeaways
Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the healthcare supply chain industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:
- Latest Healthcare Supply Chain Trends: Some of the major trends impacting the healthcare supply chain industry are supply chain transparency, healthcare supply chain analytics, medical packaging & labeling, the Internet of Things (IoT), inventory management, and digital twins.
- Healthcare Supply Chain Market Stats: The sector comprises 4.7K+ organizations worldwide. Out of these, 675+ new healthcare supply chain companies were founded in the last five years, with 2020 as the average founding year. On average, each of these companies employs about 38 people. Moreover, the average funding received by these 675+ healthcare supply chain companies per round in the same span is USD 10 million.
- 10 New Healthcare Supply Chain Solutions to Watch:
- Base 86 – AI-Managed Healthcare Supply Chain
- H+Trace – Medical Shipment Data
- MedReddie – AI-based Medical Procurement
- Peer Supply – Unified Supply Chain Data
- Zima Sensors – Temperature-Controlled Packaging
- Akuratemp – Real-time Temperature Monitoring
- Mika-Health – Smart Clinic Inventory Management
- Capexpert – Outpatient Equipment Procurement
- Healr Solutions – Connected Healthcare Supply Chain
- Nnuro – Medical Supply Sourcing
Discover 10 out of 675+ Emerging Healthcare Supply Chain Solutions
In this section, we spotlight 10 new healthcare supply chain companies focusing on supply chain traceability, analytics, packaging, and more. These firms leverage advanced technologies to enhance efficiency, accuracy, and transparency in healthcare supply chains. Read on to explore more solutions these companies offer!
Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.
1. Base 86
- Founding Year: 2019
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: Base86 offers an AI-powered platform for the procurement and fulfillment of healthcare supplies. The platform simplifies sourcing, price comparison, and order processing for healthcare practices and suppliers. Using AI, the platform also automates workflows like spend and savings reporting, quote automation, and lead generation. This allows practices, partners, and suppliers to optimize spending, shorten sales cycles, and increase productivity.
2. H+Trace
- Founding Year: 2021
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: H+Trace provides a supply chain transparency solution for the healthcare industry. It delivers accurate data about shipments without manipulating or intervening in cargo. This enables clinical labs and pharmaceuticals to ensure product quality and reduce diagnosis errors. H+Trace’s solution also improves drug traceability and safety throughout the distribution chain.
3. MedReddie
- Founding Year: 2020
- Employee Range: 2-10
- Location: Canada
- Signal Strength: Very Strong
- What they do: MedReddie’s platform utilizes AI to develop RFP questions aligned with clinical outcomes. Healthcare providers benefit from reduced procurement time and costs. The system ensures compliance with evolving medical regulations. MedReddie uses data science and industry insights to improve healthcare procurement. Its solution aids the acquisition process for medical equipment, devices, and services.
4. Peer Supply
- Founding Year: 2022
- Employee Range: 2-10
- Location: USA
- Signal Strength: Medium Strong
- What they do: Peer Supply offers a unified platform for healthcare supply chains. It manages backorders efficiently by finding substitutes quickly. It plans for critical disruptions to ensure operational continuity and mitigate risks. Through real-time collaboration, stakeholders share insights for greater agility and cost-effectiveness. The platform also uncovers hidden costs and saves time for supply chain teams and clinicians. Peer Supply’s platform improves procurement processes by providing a centralized hub for organizational knowledge, facilitating collaboration and reducing redundant work.
5. Zima Sensors
- Founding Year: 2020
- Employee Range: 2-10
- Location: Singapore
- Signal Strength: Weak
- What they do: Zima Sensors provides IoT-enabled reusable packaging for healthcare supply chains. The company’s technology, ZIMA BOX, utilizes proprietary sensing technology to convert single-use temperature-controlled packaging into reusable ones. It includes a reusable vacuum-insulated panel (R-VIP), a vacuum sensor, and an IoT box. The R-VIP maintains low temperatures for up to 180 hours while the vacuum sensor detects changes in vacuum pressure. The IoT box connects multiple sensors and communicates data to the ZIMA-Cloud for efficient monitoring. The company, in this way, eliminates inspection hassles, prevents payload loss, and drives sustainability.
6. Akura Temp
- Founding Year: 2020
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: Akura Temp manufactures temperature-controlled packaging for the healthcare supply chain industry. The company’s solution, Akurasense, offers IoT-enabled real-time temperature and geo-location monitoring for medical sample cold chains. It combines Bluetooth low-energy (BLE) temperature sensors, 4G vehicle sensors, and LTE network communication for real-time data acquisition. This improves end-to-end traceability, asset monitoring, and temperature excursion notifications, enhancing operational efficiency and compliance. Clinical research organizations, diagnostic laboratories, and hospitals benefit from the company’s reusable and traceable thermal packaging.
7. Mika-Health
- Founding Year: 2022
- Employee Range: 2-10
- Location: USA
- Signal Strength: Medium
- What they do: Mika-Health’s platform includes predictive inventory management, strategic sourcing, and data visualization. Predictive inventory management uses historical order data to automate and optimize inventory levels. Strategic sourcing provides real-time SKU analysis for better price and product selection. The platform’s data visualization offers insights for efficient inventory control. Mika-Health’s platform enhances supply chain management with smart replacement recommendations, automated reordering, and adaptive PAR level adjustments, ensuring clinics reduce waste and increase efficiency. The integrated system supports multiple clinic locations, streamlining inventory management across sites and enhancing margins.
8. CapExpert
- Founding Year: 2021
- Employee Range: 2-10
- Location: USA
- Signal Strength: Strong
- What they do: CapExpert allows outpatient facilities to manage, maintain, and procure healthcare equipment through its platform. It utilizes generative AI (GenAI) to digitize analog equipment data and create a centralized digital command center for asset management. The platform eliminates unnecessary service contracts and renegotiations of existing ones to reduce costs. Facilities are also able to maximize overall equipment effectiveness (OEE) by optimizing maintenance and increasing equipment uptime.
9. Healr solution
- Founding Year: 2020
- Employee Range: 2-10
- Location: USA
- Signal Strength: Medium Strong
- What they do: Healr Solutions develops technologies for the healthcare supply chain industry. The company’s Connected-Network platform uses artificial intelligence to enhance supply chain connectivity, accelerating drug production and distribution while reducing waste. Integrating AI, machine learning, IoT, cloud computing, and blockchain, Connected-Network offers end-to-end visibility, inventory management, risk management, and predictive analytics. These features optimize logistics and supply chain management, benefiting pharmaceutical companies by streamlining planning, sourcing, and strategy execution.
10. Nnuro
- Founding Year: 2020
- Employee Range: 2-10
- Location: Ghana
- Signal Strength: Medium
- What they do: Nnuro connects medical wholesalers and retailers through its B2B platform. The AI-powered platform optimizes retail pharmacy inventory to ensure the availability of safe medications and reduce waste. The company’s Drug Lane marketplace allows pharmacies to easily source and list medical products, manage orders, and maintain transaction records. Retailers and wholesalers benefit from dynamic shortage lists, secure payment systems, and efficient delivery services.
Quick Tip to Find New Healthcare Supply Chain Solutions
Utilizing a SaaS platform like the Discovery Platform for identifying new healthcare supply chain solutions provides significant benefits compared to traditional scouting methods:
- Increased Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying healthcare supply chain innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the healthcare supply chain industry. The platform keeps you informed with near real-time updates on emerging healthcare supply chain solutions and news, enabling you to make swift and informed decisions.
- Precise Scouting: Customize your search to focus on specific niches within the healthcare supply chain sector, such as AI-based medical procurement, temperature-controlled packaging, or connected healthcare supply chains. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.
Ready to Explore All New Healthcare Supply Chain Solutions?
We’ve explored the dynamic landscape of the healthcare supply chain industry, examining the latest trends and spotlighting exceptional companies driving innovation. To dive deeper, download our free Healthcare Report or schedule a demo of the Discovery Platform for a customized exploration of these groundbreaking developments. We value collaboration with industry professionals to offer even better insights. Interested in contributing? Get in touch!
