Who is having a real impact on healthcare and digital health? Which innovations will positively affect healthcare in 2023? Here’s the Health Tech World longlist of some of the most prominent names in the space…
1- Intuition Robotics | Israel
Intuition Robotics is on a mission to empower older adults to live happier, healthier and more independent lives at home.
The company’s award-winning product, ElliQ, is a proactive care companion for older adults – which is significantly improving healthcare for seniors ageing in place and dealing with the loneliness crisis.
Loneliness has been an epidemic for years, and it’s been exacerbated by social isolation brought on by the COVID-19 pandemic.
ElliQ Intuition Robotics has won several awards for its work with ElliQ including Fast Company’s Most Innovative Companies and the CES Best of Innovation award.
The company was founded in 2016 and is based in Tel Aviv with offices in San Francisco and Athens.
Intuition Robotics’ investors include: Toyota Ventures, Samsung NEXT, iRobot, OurCrowd, Terra Ventures and Venture Capital firms from California, Israel, Japan, and Asia.
- CEO: Dor Skuler
- Explore Intuition Robotics
2 – NovaXS | USA
NovaXS is a smart medical device company developing a needle-free injection device that syncs with a smartphone app to make the treatment process easier and pain-free for those suffering from chronic conditions and diseases.
One in four adults and two in three children have a fear of needles, only 50% of medications for chronic disease are taken as prescribed and the error rate for administering medications at home is up to 33%.
This all adds up to higher healthcare costs and results in negative health outcomes for patients that suffer from common illnesses like diabetes, growth hormone deficiencies, allergies and more.
NovaXS Biotech is on a mission to make medication self-administration as easy as making morning coffee.
The prominent medical device startup is focused on advanced drug delivery and users’ long-term health. Its patent-pending technology is a needle-free drug delivery platform. It allows patients to self-administer biologics subcutaneously or intramuscularly and track long-term treatment progress through IoT integration and software app.
- Founder: Alina Su
- Explore NovaXS
3 – Oxford Longevity Project | Oxford, UK
The Oxford Longevity Project aims to make the latest scientific breakthroughs in longevity accessible to the general public. It is a team of scientists and doctors uniting to change how we understand healthcare for good.
Together, they’ve capitalised on the public’s increased comfort with virtual learning and conferences by holding quarterly global webinars via main online platforms.
What makes OLP unique is their commitment to connect influential clinical practitioners and leading scientists on the same topic.
The speakers have two aims: First and foremost to translate the latest science into accessible information that patients and other interested non-scientists can action themselves; and, second, to more quickly connect doctors to the latest protocols.
Many researchers believe that it takes up to 17 years to translate breakthrough bench research into protocols used in clinics and OLP hope to change this by forging these connections.
One of the scientific discoveries that inhibits ageing are autophagy or cellular renewal, recycling and repair and this led to their previous webcasts ‘Autophagy and Alzheimers’ and ‘Autophagy and Ageing.’ to discuss this topic.
They’re committed to offering free information and empowering people to pursue health and living longer on their own terms, with accessible language, live seminars and free catch-up videos-all at no cost.
- Founders: Leslie Kenny & Oxford University Emeritus Professor Denis Noble
- Explore Oxford Longevity Project
4 – Sano Genetics | UK
This health tech firm matches people to cutting-edge genetic disease research, speeding up the development of personalised medicines.
Using simple at-home DNA saliva testing kits, and via an engaging and secure platform that delivers feedback on contributions and genetic reports, they are transforming the experience of taking part in precision medicine research.
It’s game-changing for researchers who have long struggled to recruit and retain participants.
We still live in an age where it takes 10-15 years and more than $1B to develop a new treatment.
Their tools allow researchers to conduct personalised medicine studies focused on genetic diseases – including rare diseases and genetic subtypes of common disease like Alzheimer’s and Parkinson’s – 10 times faster and at a fifth of the cost.
Its customers are global pharmaceutical and biotech companies, as well as biobanks.
The company was founded in 2017 by three postgraduate students of genomics, and has raised $14.9M in funding to date, including $11M in a recent Series A round.
- Founders: Charlotte Guzzo (COO), Patrick Short (CEO), William Jones (CTO)
- Explore Sano Genetics
5 – Swisslog Healthcare | USA
This American health tech innovation provides integrated medication supply chain solutions to hospitals and health systems – to assist providers in treating patients across the continuum of care.
They have devoted themselves to finding solutions for medical facilities and to helping more pharmacists and healthcare professionals focus on their work with patients, automating medication management and delivery of critical items.
TransLogic, a division of Swisslog Healthcare, provides pneumatic tube systems which enable hospitals and health systems to reduce operational costs by saving up to 200 hours of manual transport every day.
The medication management division delivers pharmacy automation, which creates a much-needed synergy for hospital and patient needs — giving and receiving the right medications at the right time.
Their technology is in hospitals throughout with the majority of market use in the United States and Canada.
These sophisticated solutions give medical professionals the ability to focus on meaningful tasks such as allowing a smaller staff to focus on patient-focused activities.
Swisslog Healthcare Medication Management division installed one of the world’s largest robotic medication retrieval systems at St. Mary’s Medical Centre in Grand Junction, Colorado.
Currently hospital pharmacies like the one at St. Mary’s are being stretched thin without proper staffing from the national workforce shortages following the COVID-19 pandemic.
Swisslog Healthcare solutions such as the BoxPicker automate repeated tasks that previously had to be performed individually by people, thus allowing for the people who are in place to focus more on tasks tied directly to patient care.
Their innovations are helping relieve the stress of hospital teams across the country.
- CEO: Cory Kwarta
- Explore Swisslog Healthcare
6 -PSi (People Supported Intelligence) – Dublin
PSi is pioneering a revolutionary piece of tech, which is working to eliminating bias, top down, as well as bottom up. It can compile the opinions of thousands of people into concise and measurable data – bias free.
Their unique algorithm allows voice conversations between tens to thousands of participants to be collated into data. This leaves no room for misinformation, and ensuring that marginalised voices to not get overshadowed and dismissed.
PSi hopes to be used in the healthcare industry to ensure that group decisions from the top to the bottom of the sector – from boards to nurses – can be rightfully represented.
Founder Georgina was inspired to create PSi from her work within the NHS, and female health app, Clue, when her career in the healthcare industry demonstrated the challenges of meaningfully engaging with large, diverse groups.
She is committed to improving the group decision making processes which impact often underrepresented groups.
The algorithm enables the opinions of thousands to be collated in just 38 minutes – a process which usually takes weeks and uses already stretched resources within healthcare.
Furthermore, PSi seeks to eliminate the unconscious bias which influences decision making within hospitals and the wider healthcare industry – disproportionately impacting female health and particularly women of colour.
- Founder: Georgina Denis
- Explore PSi
7 – BONESUPPORT | USA & Sweden
BONESUPPORT develops and commercialises innovative injectable bio-ceramic bone graft substitutes that remodel to the patient’s own bone and have the capability of eluting drugs.
Now a global ortho-biologics leader, they are optimising bone biology for the treatment of bone disorders. They are restoring health to improve the quality of life for patients with bone infections.
CERAMENT G, is the first implantable device/drug combination antibiotic bone void filler, providing a pathway for a one-stage approach to the management of bone infection.
Due to its effectiveness, which reduces intra- and post-surgical complications, including the need for subsequent surgeries.
It is not only saving limbs and lives but an average of $28,000 per patient, including reimbursement of around $5,000 per Medicare patient.
- Founder: Lars Lidgren
- Explore BONESUPPORT
8 – Kahun | Israel
Kahun’s AI clinical-reasoning tool for physicians actually consults with medical literature, rather than only patient data
A young and ostensibly healthy female was referred for evaluation following two episodes of unexplained bedwetting that occurred two years apart, at 18 and 20 years of age.
On both occasions she reported awakening feeling well, only to notice she had passed urine in bed during sleep. She had no other symptoms, was not taking any medications, and denied consuming alcohol or illegal substances.
Urine tests and abdominal ultrasound were normal. On both occasions, she received empiric antibiotic therapy for a presumed (yet unconfirmed) urinary tract infection. She died suddenly in her sleep at the age of 23 years.
If the doctors ran the young girl’s system through Kahun, it would have triggered the physician to understand that the bedwetting was due to a seizure and could have treated her accordingly.
Kahun’s proprietary map of more than 30 million evidence-based medical insights generated from their simulated questioning would’ve empowered doctors to ask the right questions and diagnose her correctly and ultimately save her life.
The company’s unique platform establishes the quality of its data gathering in a way that makes sense clinically, allowing it to be widely adopted by medical providers instead of just patients.
They recently announced the first-of-its-kind study published in the International Journal of Medical Informatics (IJMI), demonstrating the best overall performance in finding the most pertinent insights in a simulated patient conversation.
- Founders: Eitan Ron, Michal Tzuchman Katz MD, and Tal Goldberg
- Explore Kahun
9 – Lifelab Testing | UK
A UK-based, specialist provider of food intolerance tests, allergy tests, and home health tests, Lifelab Testing are improving healthcare by bringing allergy and food intolerance testing straight to the home.
The tests range from basic allergy and intolerance tests to iron deficiency, thyroid, and liver function tests to help the public get to the bottom of what is really causing issues within their bodies.
This has led to Lifelab Testing becoming the UK’s highest-rated specialist provider of food testing intolerance tests, allergy tests and home health tests. They have already helped thousands of people identify food sensitivities and allergens to improve their health and optimise their lifestyle.
- Founder: Andrew West
- Explore Lifelab Testing
10 – RecoveryPlus.health | China & USA
By providing personalised, remote cardiac rehab platform for patients recovering from a heart condition or surgery, this company is leading the way in its field.
Starting in China and growing into the USA, they are a highly innovative tele-rehabilitation company with a view to improving personalised recovery from major chronic conditions.
RecoveryPlus is changing the way people access outpatient cardiopulmonary rehabilitation services. Their state-of-the-art platform engages patients and clinicians to drive home-based exercise and health maintenance.
In a world that is still recovering from the profound impact of COVID-19, this product has already proven to be one of the leading solutions in the space of tele-rehabilitation.
It is expected to have a major impact on access, quality, and cost by translating evidence-based medicine into a low-cost and scalable solution for millions of patients.
- Founders: Dr. Zhen Lei, Peter Niemi & Tim Bilbrey
- Explore RecoveryPlus
11 – Skills for Health | UK
Skills for Health is a charitable organisation which supports the NHS with workforce development, recruitment, and retention initiatives through its research and consultancy division and a suite of digital solutions.
At the time of publication, 65 NHS Trusts have used its e-rostering system to safely roster junior doctors, ensuring that they are protected from working excessive hours and do not miss out on educational opportunities or pose a risk to patient safety.
Skills for Health’s online learning management tool LearnSpace is also widely adopted across the sector. It enables the NHS and private healthcare providers alike to ensure staff training remains up to date and compliant.
In 2021, LearnSpace supported the Covid-19 vaccination booster campaign by helping NHS Professionals, the largest NHS flexible staff bank, to quickly and safely onboard 8,000 team members.
During the pandemic, Skills for Health created a mobile and interactive training solution to meet the increased demands on our key workers.
Since its launch on March 25, 2020, the Covid-19 Awareness Course had registrations from over 58,000 professionals from our NHS, health, care and wider public sector workforce.
- Founder: John Rogers
- Explore Skills for Health
12 – Gynesonics | USA
As a result of the COVID-19 pandemic, the number of patients awaiting elective treatments has never been so high. Gynaecology waiting lists have grown by 60% – a greater proportion than any other area of medicine – leaving over 570,000 women across the UK waiting to be seen by a healthcare professional.
The Sonata System by Gynesonics, is the world’s first and only intrauterine fibroid ablation system that combines the safety of ultrasound guidance with the proven benefits of targeted radio frequency energy, all in one trans-cervical, incision-less procedure.
Sonata uses an intrauterine ultrasound hand piece to locate and target the individual fibroids.
Radio frequency energy is delivered to shrink the fibroid over time and reduce symptoms. The fibroids are treated from inside the uterus, requiring no incisions in the abdomen, no tissue to be cut or surgically removed, and the uterus is preserved.
A clinical study found that 50% of those treated with Sonata returned to normal activity the day after the procedure and returned to work after an average of 3.6 days.
In addition, 92% of patients did not require surgical re-intervention for heavy menstrual bleeding and 94% of patients were satisfied with their treatment.
It is currently being offered at a growing number of hospitals across the UK, giving clinicians the potential to treat a greater number of women in an outpatient setting and in doing so, relieve the backlog in elective surgery as a result of COVID-19.
- Founder: Jessica Grossman
- Explore Gynesonics
13 – Careology | UK
This British health tech company offers a digital cancer care app for patients to be able to track symptoms, side effects and log their wellbeing while going through cancer treatment.
Their plan is to create more “up days” for everyone living and dealing with cancer – to help people with cancer and those supporting them to make the down days more manageable – and make the up days come more often.
In the last year, Careology has collaborated with key cancer sites across the UK to advance innovation in digital cancer care, build capacity, drive efficiencies and improve patient experience supporting as many patients and caregivers as possible.
They recently announced a partnership with Macmillan Cancer Support, one of the most influential cancer charities in the UK.
The partnership involves a specially built API which means that the company has the ability to show patients personalised information based on their current treatment pathway such as how to manage their specific symptoms and, when their upcoming appointments are scheduled.
With their digital solution now live in Guy’s Cancer, one of the largest cancer research sites in the UK, Careology is now able to co-develop the service with Guy’s and St Thomas and help to inform future research and development for Guy’s Cancer patients.
- Founder: Paul Landau
- Explore Careology
14 – Redi.Health | USA
Redi.Health combines health management and partnered pharmaceutical manufacturer support into one tool to deliver a truly patient-centric platform that helps people improve their adherence as well as their quality of life.
The American firm was founded with a simple goal: to empower patients to take control of and contribute to their health journey.
Redi.Health says that the patient is often forgotten and left to navigate the overwhelming world of healthcare on their own. To fix this problem they developed a company, which puts more simplified tools in the hands of patients than ever before and creates novel pathways of connectivity to the support and resources patients wouldn’t otherwise have access to.
Now in 2022, they have partnered with industry leaders, including LabCorp, GoodRx, and ScriptDrop, to empower patients to easily track their health, symptoms, and medications.
It also enables them to connect with their doctors, obtain support (including prescription cost help), and create better medication adherence – to help patients have the best quality of life. For polychronic patients, this is especially important.
- Founders: Luke Buchanan, Jaimin Gandhi, Nate Rehm
- Explore redi.health
15 – Lenus Health | Scotland
Health startup Lenus Health channels patient-generated data and AI into existing care pathways to drive critical efficiencies in healthcare delivery for patients, clinicians and providers.
They are building a seamless and more proactive journey for patients with chronic disease across care settings and specialties – combining diagnostics, management and population health.
The firm is ahead of the curve in terms of operationalising explainable AI to support this journey via the NHS AI award.
They have recently partnered with AstraZeneca, NHS Golden Jubilee’s national Centre for Sustainable Delivery, NHS Greater Glasgow & Clyde, and University of Glasgow. This was in a Memorandum of Understanding (MOU) to co-create NHS Scotland transformation through large scale programmes to improve the health of the population and expand clinical research.
OPERA, the first project to be explored by the MOU, has already made significant strides improving access to Heart Failure diagnostics.
In Glasgow, the digitally transformed pathway was used to reduce wait times from 12 months to 6 weeks. The company is now poised to take a similar approach to COPD through the partnership’s Prevention of COPD Lung Attacks by early Intervention Strategies (POLARIS) project.
- Founder: Paul McGinness
- Explore Lenus Health
16 – Net Health | USA
Net Health is one of the USA’s largest providers of specialty electronic health record (EHRs) platforms and analytics. Their innovative technologies focus on wound care, senior living, rehab therapy and hospital employee health.
Within these markets, they are among the largest providers in the industry. For example, their analytic solutions are currently used in more than 16,000 Skilled Nursing and Senior Living facilities, serving the largest providers in the market.
More than 9 out of 10 wound care providers with a specialty EHR, use Net Health, and the company has one of the world’s largest databases for wound care.
The company’s solutions are trusted in more than 23,000 U.S. facilities across the continuum of care and this year, it began expanding globally.
Net Health utilises leading-edge technologies, including advanced analytics and machine learning, to help streamline and improve the workflow processes for providers in specialty settings, including wound care, rehab therapy, senior living and hospital employee health.
This emphasis means providers have more time for patients and can spend less time on administrative work.
Additionally., their EHR software enables caregivers and their organisations to engage effectively with patients, streamline documentation, staff efficiently, secure maximum appropriate reimbursement and maintain regulatory compliance.
They have a unique approach to analytics which presents insights into clinical and operational workflows to improve care and business performance.
- Founder: Patrick Coletti
- Explore Net Health
17 – Phlo Connect | Scotland
Phlo Connect are market-leading digital pharmacy infrastructure providers, supporting healthtech companies and private healthcare providers to offer a seamless, complete digital pharmacy service.
Unlike healthcare at large, processes in pharmacies, like issuing and collecting prescriptions, have changed very little over the last 300 years, left mainly untouched by digital innovation and technology.
Phlo Connect was created to help accelerate digital transformation in the pharmacy sector, inspired by the belief that healthcare and medication should be easy to access and manage for all.
Their API-driven infrastructure connects with healthcare providers to bridge the gap in innovation between pharmacies and health services. In partnership with pharmacy and healthcare providers across the country, Phlo Connect is enabling a streamlined, user-centred medication journey for both patients and prescribers.
- Founder: Nadeem Sarwar
- Explore Phlo Connect
18 – Nuheara | Australia
Nuheara is a global leader in smart hearing technology which changes people’s lives by enhancing the power to hear.
New in 2022, the US’ FDA has just passed new rules for over-the-counter hearing aids.
The HP Hearing PRO self-fitting over-the-counter hearing aids are the only product to have received FDA clearance for the OTC self-fitting classification “QUH” – under the newly enacted law 510(k) Premarket Notification (fda.gov).
This required a 510(k) clearance and a clinical study to prove their substantial equivalence and meet the OTC hearing aid law labelling and intended use guidelines.
The product, powered by Nuheara, stands alone as the only cleared OTC self-fitting hearing aid under 874.3325 QUH.
Additionally, it has just been named a CES® 2023 Innovation Awards Honoree for HP Hearing PRO self-fitting OTC hearing aids.
- Founders: Justin Miller and David Cannington
- Explore Nuheara
19 – LUCID | Canada
This Canadian health tech company provides digital, curated music therapy to alleviate symptoms of mental health and Alzheimer’s.
Their tech, they say, was born out of necessity, after founder Aaron Labbe went through a series of mental health challenges while he was in university.
He found that there was a lack of empathy throughout the whole process of searching for support. He discovered that music helped.
He and his team turned LUCID into a digital therapeutics platform that helps address the issue of access to mental health services. They firm combines machine learning, neuroscience, and music cognition, to curate auditory therapies tailored to individual needs.
What sets LUCID apart from the competition is that its music therapy is backed by a randomised clinical trial.
In the trial, researchers found that curated playlists were 20 percent more effective at alleviating symptoms of anxiety, stress, depression, and burnout — compared to relaxation playlists you’d find on a streaming service.
LUCID’s mission is to leverage advances in AI and neuroscience to unlock the full potential of music, and improve access to digital health support.
- Founders: CEO Zach McMahon, CTO Aaron Labbe, CIO Zoe Thomson
- Explore LUCID
20 – GoMeyra | USA
GoMeyra is a trusted technology partner providing innovative, real-time software solutions that simplifies processes and delivers unparalleled customer service for the healthcare industry.
Created in response to the pandemic and the backlog of testing, GoMeyra is now helping hundreds of labs and practitioners in the United States and around the world process fast, accurate test results for individuals as well as enterprise-level employers, organisations, and facilities.
A very unique feature with the LIMS of the GoMeyra Network. Here labs can collaborate to efficiently manage high daily sample volumes and maximise processing capacity by coordinating overflow testing.
Additionally, having a LIMS that speaks to other labs allows smaller independent labs to take on more business, enabling them to team up and compete with larger diagnostics providers.
The founder’s collaborative nature differentiates him from other CEOs as he is often available to talk with clients about issues they need resolved or the customisation of a software program they desire.
This has worked to his advantage as he learns more about his clients than most. This unique access to information has led to upgrades in the system, new software developments, or a new system altogether.
- Founder: Jaswant S. Tony
- Explore GoMeyra
21- SkillGigs, Inc | USA
This company is an e-commerce-style talent marketplace that uses AI to match healthcare and technology workers with available jobs.
Amid a chronic nursing shortage and events like a global pandemic, hospitals need to staff up quickly, and they can’t wait weeks for traditional third-party recruiters to do the job.
Using AI technology similar to what’s used by popular dating and ride-share apps, SkillGigs is to the healthcare staffing industry what eBay was to flea markets.
Employers using them to directly source talent can interact and submit compensation bids directly to pre-screened job candidates that have indicated interest in an open position.
On the talent end, the more candidates interact with the app (indicating “interested” or “not interested” in a position presented to them based on their skill sets), the better they will match with potential future opportunities.
This has allowed healthcare clients, such as a large healthcare system based in Houston, TX, to do things like onboard 80 nurses and respiratory therapists within two weeks during a Covid surge – something that would be unthinkable with a traditional recruiter.
- Founder: Kashif Aftab
- Explore SkillGigs
22 – Clear Labs Inc
Clear Labs translates rich and vast genomic data into insights that help inform and direct genomic surveillance.
The American health tech firm harnesses the power of next-generation sequencing (NGS) to simplify complex workflows for clinical and applied markets.
By creating a fully automated platform that brings together DNA sequencing, robotics and cloud-based analytics, Clear Labs liberates genomics to deliver increased clarity.
Clear Labs’ turnkey platform accelerates outcomes and improves accuracy for detection and surveillance of infectious diseases.
With a novel approach, they are helping the world better understand, track and mitigate tomorrow’s novel pathogens.
The company continues to see growing demand for its novel laboratory workflows and platforms, stateside – the company is now supporting genomic sequencing and pathogen surveillance for nearly 60% of U.S. State PHLs.
Clear Labs secured $60 million as part of an oversubscribed Series C financing last year to help accelerate the adoption of its solution.
- Founder: Sasan Amini
- Explore Clear Labs
23 – Activ Surgical | USA
Activ Surgical is a pioneering digital surgery company that completed the world’s first autonomous robotic surgery of soft tissue in 2018.
The company is developing technology aimed at revolutionising surgical vision and enabling a future of augmented reality-based and artificial intelligence-driven surgery that is safe, smart, and accessible.
Their first product, the 510(k)-cleared ActivSigh Intelligent Light, is an easy-to-adapt imaging module that seamlessly attaches to today’s laparoscopic systems providing real-time, on-demand surgical insights integrated into standard monitors.
The company is is the first offering from Activ Surgical’s patent-protected surgical platform–ActiveEdge, which is being designed to reduce unintended and preventable surgical errors by enhancing a surgeon’s intra-operative decision making via the aggregation of surgical data from around the world.
To date, multiple major hospital networks across the U.S. and Europe have been established as pilot sites for the company, which has already seen successful clinical use in over 200 patients and multiple in-human IRB studies.
They are currently pursuing a CE Mark in Europe and expects it to be commercially available in 2023.
- Founder: Dr. Peter Kim
- Explore Activ Surgical
24 – Credentially | UK
Credentially helps healthcare organisations and staffing providers accelerate and automate the pre-employment checks process.
Their customisable software, powered by machine learning and computer vision, saves precious time and resources whilst helping tackle the workforce crisis in primary and secondary care.
The UK company is on a mission to provide sustainable solutions to healthcare HR teams and workforce suppliers, accelerating every step in the pre-employment process.
Their digital platform uses machine learning and computer vision technology to automate all required checks – reducing the time needed to complete them by an average of 55 days.
Features include automated referencing, rapid document processing, and database cross-checking.
Removing this burden from administrative teams – and from the new staff members – frees up time for other pressing tasks whilst guaranteeing full compliance with regulations.
Credentially’s platform – trusted by organisations employing over 22,000 clinicians and care providers, including the NHS – integrates with each organisation’s internal systems and with major healthcare databases (including the DBS, GMC and NMC).
- Founders: Dr Kit Latham and Artem Stalpouski
- Explore Credentially
25 – Hyperfine, Inc | USA
Hyperfine Inc. is a groundbreaking medical device company that created the world’s first FDA-cleared portable MRI system for the brain.
For the patient, the device, known as Swoop, eliminates long wait times, the need to be transported to an MRI suite, and the need for ear protection, thanks to patented noise cancelling technology.
Patients can also hold a loved one’s hand during the scan, since the device has the magnetic field of a refrigerator.
For medical staff, it reduces MRI workflow time by 94 percent, from 25 hours to 90 minutes, due to its portability and speed.
It also frees up the time of the 3-4 staff members needed to transport patients to traditional MRIs, which can be especially risky for critical patients.
For hospital administrators, it is affordable, costing $250k with a $50k subscription for software updates and servicing, while a traditional MRI suite can cost upwards of $2.5 million with an additional $200k in annual service costs.
- Founder: Jonathan M. Rothberg
- Explore Hyperfine
26 – NuroKor Biolelectronics | UK
NuroKor is a pioneering medical device company, improving the development and application of bioelectronic technology for the management of pain, physical recovery, and enhanced athletic performance.
Founder Rick Rowan was looking for an alternative to strong painkiller medication to treat his chronic back pain, came across research into bioelectronic treatments and saw the huge potential of the technology to transform the lives of patients.
Today, NuroKor is at the forefront of bioelectronic medicine research and the company conducts its own studies to prove use cases and effectiveness.
The technology is used by doctors, physiotherapists, chiropractors, and patients around the world for a variety of conditions, including arthritis and chronic back pain.
They are currently focusing on tailoring their device to treat female pain conditions that have been neglected by researchers and medics, including period pain, endometriosis and fibromyalgia.
The technology is also used by Olympic and international athletes to manage their physical recovery from sessions and improve muscle function, speed and endurance.
- Founder: Rick Rowan
- Explore NuroKor Biolelectronics
27 – Within Health | USA
Within Health is the first comprehensive, remote eating disorder treatment solution in the health tech space.
Within matches clinical expertise with cutting-edge proprietary technology. Within offers individual therapy, remote patient monitoring, advanced nutrition therapy, and catered meal support, all designed to interrupt the progression of eating disorders, prevent relapse, and foster long-term recovery.
Now licensed in over 30 states, the company plans to continue its rapid expansion to meet the growing need for flexible treatment solutions and greater access to care.
Within also emphasises community development and cross-sector collaboration to decrease stigma and improve access to quality care.
To support this mission, Within Summit was launched -, a virtual event created to encourage continued education and collaboration between care providers and care communicators for a more inclusive clinical experience for everybody, everywhere.
- Founders: Abhilash Patel and Dr. Wendy Oliver-Pyatt
- Explore Within Health
28 – Neap | UK
Neap is a mindful diabetes management app that aims to reduce the chances of stress and burnout for people living with diabetes worldwide.
Using Neap, people with diabetes can journal and track daily diabetes information, manage stress through tailored psycho-educational material, and feel less isolated through a peer-support community.
Neap is currently on the ‘Health Innovation Programme’ hosted by their local Academic Health and Science network and leading accelerator, ‘Setsquared’.
Looking to the future, Neap is in the final stages of a research partnership with their local NHS trust. Neap will be conducting a small real-world evaluation alongside academic partners.
Neap was developed as company as part of the University of Falmouth’s “Launchpad” programme.
Launchpad is dedicated to driving the growth of Cornwall’s economy.
It is a venture studio giving entrepreneurial candidates an opportunity to work on building the companies of tomorrow supported by experienced coaches, Entrepreneurs in Residence and mentors to help create in-demand, cutting-edge investible companies for positive global impact.
- Founder: George Fry
- Explore Neap \
29 – NEC Software Solutions |UK
NEC Rego’s teledermatology solution has prevented 50% of unnecessary hospital appointments in a pilot with East Suffolk and North Essex NHS Foundation.
Half of the cases received were downgraded, whilst appointments were expedited for patients that
needed to be seen urgently within the two week wait. 93% of cases were triaged in one day reducing
unnecessary waiting time and anxiety for patients.
The groundbreaking technology has rapidly accelerated how dermatology referrals are processed.
Rego enables GPs to send high resolution images of skin lesions alongside patient history so that
consultant dermatologists can easily triage cases remotely and provide advice and guidance to fast-
track care if required.
It is proven to support effective outpatient transformation as it reviews all referrals against local
criteria and pathways and ensures patients are directed to the right care, first time.
Not just used for dermatology referrals, it is widely implemented across the NHS to support thousands of GPs, dentists and opticians.
Founder: David Ezra
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