Average and Median Age by Health Technology Category – Q1 2017

Health Technology Startup Average and Median Age
Health Technology Startup Average and Median Age

The above graph summarizes the average and median age of companies in each Health Technology category. The Electronic Health/Medical Records category has the highest average age at 14 years, and the Healthcare Robotics category has the highest median age, also at 14 years.

We are currently tracking 1,612 Health Technology companies in 22 categories across 54 countries, with a total of $35 Billion in funding. Click here to learn more about the full Health Technology landscape report and database.

Health Technology Funding Trends – Q4 2016

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Total HealthTech Funding by Year

The above graph summarizes the total funding raised by Health Technology startups for each year. 2015 is the best year so far with over $7.5B in funding. 2014 comes in at second place with just around $6.3B raised to date.

health-tech-funding-vintage-year
HealthTech Funding by Vintage Year
The above graph summarizes the total amount of funding raised by Health Technology companies founded in a certain year. Companies founded in 2013 have raised the most funding at just over $3.9B, followed by those founded in 2011 which have raised about $2.6B.

We are currently tracking 1602 Health Technology companies in 22 categories across 54 countries, with a total of $34.4B in funding. Click here to learn more about the full Health Technology landscape report and database.

Health Technology Startup Landscape Trends and Insights – Q4 2016

A report providing an overview of the Health Technology startup landscape, graphical trends and insights, and recent funding and exit events. Click here to see this entire deck on our new blog.

We are currently tracking 1595 Health Technology companies in 22 categories across 54 countries, with a total of $33.6 Billion in funding. Click here to learn more about the full Health Technology landscape report and database.

Health Technology Category Innovation Quadrant – Q4

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Health Technology Category Innovation Quadrant

Our Innovation Quadrant provides a snapshot of the average funding and average age for the different Health Technology categories and how they compare with one another.

  • Heavyweights: Categories with high average funding and high average age. These categories are comprised of companies that have reached maturity with significant financing.
  • Established: Categories with low average funding and high average age. These categories are comprised of companies that have reached maturity with less financing.
  • Disruptors: Categories with high average funding and low average age. These categories are comprised of companies that are less mature with significant financing.
  • Pioneers: Categories with low average funding and low average age. These categories are comprised of companies that are less mature with earlier stages of financing.

The definitions of the Health Technology categories represented in the above Innovation Quadrant are as follows:

Clinical Administration and Backend: Companies that help foster management of healthcare-related administrative tasks. Examples include scheduling, patient transfers, billing, and compliance.

Digital Medical Devices & Diagnostics: Companies that manufacture a new generation of IT-enabled medical devices and diagnostic tools for use by doctors and other clinical staff. Examples include tools for use in surgery, monitoring equipment, and detection equipment.

Population Health Management: Services that help manage and analyze patient data across groups of people to create actionable insights for healthcare providers. Examples include population data management, coordinated care across populations, and streamlined reporting on individuals.

Genomics and Personalized Medicine: Companies that utilize human genome data for analytics and disease prevention. Examples include disease-specific genetic testing, more cost-efficient analytic solutions for healthcare providers, and consumer personalized reports.

Electronic Health/Medical Records: Services that create and manage EHR/EMR (Electronic Health/Medical Records) to improve efficiency and effectiveness of medical practices. Examples include platforms that provide electronic medical charts, schedules, prescription tracking, and referral letters.

Doctor Network and Resources: Social services that allow doctors to connect with each other to gain insights and discuss their experiences and expertise. Examples include platforms that allow collaboration across hospitals and social networks that identify and share best practices.

Medical Big Data: Big data and analytics for medical applications. Examples include data management, solutions to normalize and link data across different systems, and predictive analytics.
IoT Health Care: Internet of Things (IoT) focused on consumer and/or at-home health care solutions. Examples include devices that measure and track health vitals.

Doctor and Healthcare Service Search: Services that help patients find the right healthcare solutions. Examples include services to search for doctors, healthcare plans, and specialized healthcare.

Remote Monitoring and Family Care Management: Services that allow families and medical professionals to monitor and manage those in care. Examples include services that provide caregivers to senior citizens as well as alert systems for in-home care.

teleHealth: Services that allow remote treatment and/or consultation between doctors and patients. Examples include solutions that allow patients to video conference their healthcare professionals and/or text/SMS/email for treatment.

Online Health Destination Sites: Websites providing health-related information and resources. Examples include symptom checklists, drug information, and resources that discuss more specific issues.

Health Insurance and Payments: Health insurance exchanges, benefits, and patient payment management platforms that focus on providing more efficient workflow and greater transparency. Examples include health insurance marketplaces and platforms to manage and automate health benefits.

Patient Engagement and Education: Services and platforms that better inform patients about modern medical practices and treatments. Examples include in-hospital multimedia systems and patient relationship management services.

Mobile Fitness/Health Apps: Mobile apps that focus on health and general wellbeing. Examples include apps that keep track of fitness activities, provide structured fitness routines, and provide mindfulness exercises.

IoT Fitness: Internet of Things (IoT) focused on personal fitness and wellness solutions. Examples include wearables that track fitness stats, monitor heart rate, and sports-specific data collection solutions.

Online Health Communities: Social services among patient groups and medical professionals. Examples include online communities that connect similarly situated patients and platforms where doctors provide generalized medical information.

Healthcare Marketing and Campaign Management: Services for hospitals, insurance agencies, and other healthcare services to identify and target potential customers. Examples include health care specific CRM platforms.

Healthcare Mobile Communications/Messaging: Mobile communications services dedicated for hospital use by doctors, nurses, and other medical professionals. Examples include secure messaging for doctors, care transition notifications, and shareable notes amongst professionals.

Gamification of Health: Application of game elements to promote behavior-changing health and wellness. Examples include gamification solutions for healthy eating and fitness.

Healthcare Robotics: Companies that create robotics solutions for healthcare. Examples include companies that create robotic prosthetics and robotics solutions for remote patient treatment.

Nutrition Innovations: Companies that help users track and manage their nutrition consumption, as well as those that produce new forms of nutrition. Examples include nutrition-tracking apps, nutrition-planning shopping lists, and plant-based meat products.

We are currently tracking 1582 Health Technology companies in 22 categories across 53 countries, with a total of $33.2 Billion in funding. Click here to learn more about the full Health Technology landscape report and database.

Venture Investing In Health Technology – Q4 2016

Venture Investing in Health Technology

The above graph compares the total venture funding in each Health Technology category to the number of companies in the category. The Digital Medical Devices category leads the sector in the Total Funding stat with around $4.7B in funding. IoT Healthcare leads in the total count, with over 180 startups in that category alone.

We are currently tracking 1,590 Health Technology companies in 22 categories across 54 countries, with a total of $33B in funding. Click here to learn more about the full Health Technology landscape report and database.

Where in the World are Health Technology Startups? – Q4 2016

The analyses below summarize where Health Technology innovations are occurring.

Health Technology Startup Count by Country

The above map shows the number of Health tech companies located in different countries. The United States ranks as the top country with over 1,000 companies.

health-tech-vc-funding-by-country

The above map shows the amount of total Health Tech startup venture capital funding in different countries. The United States has the most VC funding at around $26B.

We are currently tracking 1,579 Health Tech companies in 22 categories across 52 countries, with a total of $33B in funding. Click here to learn more about the full Health Technology landscape report and database.

Health Technology Funding by Type – Q4

The following two graphs summarize the types of funding going into the Health Technology space.

Health Tech VC Funding by Type - Amount

The graph above shows the total amount of VC funding broken out by type. For the past few years, Series A and Series C funding both account for a substantial amount of total funding, while Series B funding comes in at second.

Health Tech VC Funding by Type  - Count

The graph above shows the total count of funding events, broken out by type. The general trend over the past few years has been a larger number of early stage funding events, such as Seed and Series A rounds, with a diminishing number of events in the later stages.

We are currently tracking 1,558 Health Technology companies in 22 categories across 52 countries, with a total of $32.4 Billion in funding. Click here to learn more about the full Health Technology landscape report and database.