This article provides an analytical overview of 10 new ultrasound companies, highlighting their integrations and specialized applications. A few of the innovations include 3D and 4D imaging systems, elastography techniques, and Doppler ultrasound applications.
Other advances feature contrast-enhanced ultrasound that improves lesion characterization and guided therapeutic interventions as well as AI-powered diagnostic tools that offer immediate interpretation and multi-organ analysis. Each technology tackles medical challenges and demonstrates the capabilities and importance of ultrasound in modern healthcare diagnostics and treatment.
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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 ultrasound industry. This sector is marked by key trends and a substantial workforce, shaping its future. 5 days ago, we last updated this report. Notice something that’s not right? Let’s fix it together. Here are some key insights at a glance:
- Current Ultrasound Market Trends: The current trends in ultrasound technology include high-intensity focused ultrasound (HIFU), point-of-care ultrasound (POCUS), 3D and 4D imaging, fusion imaging, and ultrasound elastography.
- Ultrasound Industry Stats: The sector comprises 29.4K+ organizations worldwide. Out of these, 1.7K+ new ultrasound companies were founded in the last five years, with 2020 as the average founding year. On average, each of these companies employs about 14 people. Moreover, the average funding received by these 1.7K+ ultrasound companies per round in the same span is USD 8.9 million.
- 10 New Ultrasound Companies to Watch:
- PONS – Device-Agnostic AI Software
- Nasotrak Medical – Nasogastric Tube (NGT) System
- WaterIQ Technologies – Ultrasound-based Algae & Biofilm Control
- Medad Technology – Ultrasonic Delivery System
- Apeikon Therapeutics – Image-Guided Targeted Drug Delivery
- Forest Neurotech – Whole Brain-Computer Interface
- Sonair – Ultrasonic 3D Imaging
- Frontwave Imaging – Breast Cancer Imaging
- AISAP – Point-of-Care Ultrasound
- Angiogenesis Analytics – Prostate Cancer Diagnosis
Meet 10 out of 1.7K+ Emerging Ultrasound Companies
In this section, we highlight 10 emerging ultrasound technologies that address healthcare challenges and meet evolving clinical needs. By integrating advanced imaging, AI, and real-time data analytics, these technologies enhance diagnostic accuracy and patient care. From contrast-enhanced ultrasound to focused ultrasound therapy and AI-assisted diagnostics, these solutions enhance the precision and effectiveness of ultrasound in various medical fields.
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. PONS
- Founding Year: 2021
- Employee Range: 2-10
- Location: USA
- Signal Strength: Very Strong
- What they do: PONS provides device-agnostic AI software for ultrasound and X-ray technologies. Its deep learning technology amplifies basic ultrasound to provide expert-level scan resolution, tissue contrast, and noise reduction. The software also features smart navigation and AI-driven risk assessment to map disease progression before symptom onset. PONS also develops new ultrasound indices as digital biomarkers and aids in drug development by discovering early bioindicators. This enables early disease detection, improves risk stratification, and reduces unnecessary hospital admissions.
2. Nasotrak Medical
- Founding Year: 2019
- Employee Range: 2-10
- Location: Singapore
- Signal Strength: Strong
- What they do: Nasotrak Medical provides a nasogastric tube and detection system for tube placement verification. The system utilizes ultrasound to locate the distal end of the nasogastric tube in the stomach to enhance accuracy and safety. It scans the abdominal region while receiving light and sound indicators for correct tube placement. The tube includes a double lumen and a receiving piezo at the distal end to convert ultrasound waves to electronic signals. The larger lumen facilitates feeding, nutrient delivery, and medication administration. This system improves patient care and reduces risks associated with incorrect tube placement.
3. WaterIQ Technologies
- Founding Year: 2020
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: WaterIQ Technologies develops ultrasonic solutions for algae and biofilm control to restore water ecosystems sustainably. The company’s Pulsar systems emit ultrasonic frequencies to target green and blue-green algae, as well as golden algae and dinoflagellates. These frequencies disrupt algae’s cellular structures, causing them to sink and die without releasing harmful toxins. The company’s technology also features smart monitoring to enable real-time water quality and system performance tracking. WaterIQ Technologies’ chemical-free solutions ensure the safety of aquatic life by providing a cost-effective, low-maintenance method for maintaining clean water bodies. This enhances both environmental and economic value.
4. Medad Technology
- Founding Year: 2020
- Employee Range: 51-100
- Location: UAE
- Signal Strength: Medium Strong
- What they do: Medad Technology builds an ultrasonic delivery system based on proprietary electronics and algorithms for optimal aerosol delivery. It utilizes the resonant drive system (RDS) to incorporate natural frequency-finding electronics and a feedback loop algorithm for efficient inhalation. The closed system features a bluetooth-enabled device, a disposable pod, and a mobile app for monitoring usage data. The technology optimizes nicotine delivery while ensuring no toxic carbonyls and quick relief of cravings. It also enhances drug delivery with fine particle size for deep lung reach and high absorption.
5. Apeikon Therapeutics
- Founding Year: 2020
- Employee Range: 2-10
- Location: UK
- Signal Strength: Very Strong
- What they do: Apeikon Therapeutics makes activable nanoparticles using magnetic resonance (MR) imaging and focused ultrasound (MRgFUS). The technology labels proprietary drug-filled carriers for MRI to enable focused ultrasound (FUS) on a lesion. This method concentrates the drug dose in tumors to optimize therapeutic effects while minimizing systemic toxicity. It also supports approved and experimental anticancer agents and enables combination therapy. Thus, the delivery system improves outcomes and reduces side effects in patients.
6. Forest Neurotech
- Founding Year: 2023
- Employee Range: 11-50
- Location: USA
- Signal Strength: Very Strong
- What they do: Forest Neurotech makes a minimally invasive ultrasonic whole-brain computer interface for personalized neurological treatment. The implant uses ultrasound transducers and miniaturized electronics to measure and modulate brain-wide activity. The implant uses ultrasound transducers and miniaturized electronics to measure and modulate brain-wide activity through continuous neuroimaging. This interface targets neurological and psychiatric disorders by addressing imbalances in brain networks. Further, the implant provides real-time brain function data to optimize therapeutic interventions.
7. Sonair
- Founding Year: 2022
- Employee Range: 11-50
- Location: Norway
- Signal Strength: Very Strong
- What they do: Sonair develops acoustic detection and ranging (ADAR) technology for 3D ultrasonic imaging in robotics applications. The technology emits ultrasound bursts and analyzes signals received by an array of receivers, providing a 3D view of the surroundings. It integrates piezoelectric actuation in micro-electro-mechanical systems (MEMS) transducers. These transducers, along with well-matched acoustic impedance to air, allow for full-volume image reconstruction through beamforming. Combining wavelength-matched transducers with advanced software for beamforming and object recognition, Sonair’s ADAR technology improves the performance of autonomous mobile robots (AMR), service robots, and consumer robots.
8. Frontwave Imaging
- Founding Year: 2020
- Employee Range: 2-10
- Location: Spain
- Signal Strength: Very Strong
- What they do: Frontwave Imaging develops UBIWARE, a 3D ultrasound supercomputing software for breast cancer imaging – a cost-efficient alternative to standard mammography. It utilizes supercomputation and advanced imaging algorithms to leverage the full information from ultrasound tomography devices. This approach provides sub-millimeter MRI-like resolution images of breast acoustic properties for enhancing detection accuracy. This high-performance computing (HPC)-driven and cloud-deployable system images dense breasts and suits patients of all ages.
9. AISAP
- Founding Year: 2021
- Employee Range: 11-50
- Location: Israel
- Signal Strength: Very Strong
- What they do: AISAP provides point-of-care assisted diagnosis by providing real-time acquisition guidance, immediate interpretation, and multi-organ diagnoses. The company’s Point of Care Assisted Diagnosis (POCAD) platform serves as a secure, cloud-based SAAS solution to offer AI-powered ultrasound diagnosis. The platform assists with real-time scanning to ensure optimal image acquisition and provide reports. AISAP’s system integrates with any point-of-care ultrasound (POCUS) device and electronic health systems to enhance clinical efficiency and patient outcomes. Moreover, the platform supports telemedicine and sharing, multi-vendor ultrasound compatibility, and integration with electronic medical records/electronic health records (EMR/EHR) and picture archiving and communication systems (PACS).
10. Angiogenesis Analytics
- Founding Year: 2020
- Employee Range: 11-50
- Location: Netherlands
- Signal Strength: Medium Strong
- What they do: Angiogenesis Analytics offers PCaVision, a computer-aided diagnostic system for prostate cancer, to provide results without MRI scans. The system uses AI algorithms to analyze 3D B-mode, elastography, and 4D contrast-enhanced ultrasound images for producing 3D heatmaps that indicate potential cancer presence. This approach assists urologists in making diagnoses and facilitates targeted prostate biopsies. PCaVision supports integration with various point-of-care ultrasound devices and EHRs to ensure accessibility and image-dense breast scans.
Quick Tip to Find New Ultrasound Companies
Utilizing a SaaS platform like the Discovery Platform for identifying new ultrasound companies/solutions provides significant benefits compared to traditional scouting methods:
- Streamlined 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 ultrasound innovations.
- Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the ultrasound industry. The platform keeps you informed with near real-time updates on emerging ultrasound companies and news, enabling you to make swift and informed decisions.
- Tailored Exploration: Customize your search to focus on specific niches within the ultrasound sector, such as prostate cancer diagnosis, point-of-care ultrasound, or image-guided targeted drug delivery. 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 Ultrasound Companies?
This overview highlights just a few solutions from all 1.7K+ new ultrasound companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview. We value collaboration with industry professionals to offer even better insights. Interested in contributing? Get in touch!
