Where in the world are Health Tech startups? Q2 2017

The analyses below summarize where Health Technology innovations are occurring. The graphic includes data through April 2017.

Health Tech Q2 2017 Company Count by Country

The above map shows the number of Health Technology companies located in different countries. The United States ranks as the top country with around 1300 companies.

Health Tech Q2 2017 VC Funding by Country

The above map shows the amount of total Health Technology startup venture capital funding in different countries. The United States has the most VC funding at around $32B.

We are currently tracking 1,905 Health Technology companies in 22 categories across 57 countries, with a total of $44B in funding. Click here to learn more about the full Health Technology market report.

Health Technology Companies Founded by Year – Q2 2017

The following graph shows the founding year distribution in the Health Technology sector. The graphic includes data through April 2017.

Health Technology Companies Founded by Year
Health Technology Companies Founded by Year

The above graph summarizes the number of Health Technology companies founded in a certain year. 2013 ranks at the top with 253 companies founded in that year alone. 2012 is the runner-up with 200 companies founded in that year.

We are currently tracking 1896 Health Technology companies in 22 categories across 58 countries, with a total of $43.6B in funding. Click here to learn more about the full Health Technology market report.

Health Technology Activity by Selected Investors – Q2 2017

The following graph summarizes investor activity in the Health Technology space. Please note these graphics are made using data through April 2017.

Health Technology Q2 2017 Investor Activity

The above analysis summarizes the total number of investment rounds Health Technology investors participated in, and the number of unique companies funded by selected investors. R Ventures and HCA are two of the top investors, followed by players such as NEA, GE Ventures, and Khosla Ventures.

We are currently tracking 1,864 Health Technology companies in 22 categories across 58 countries, with a total of $42 Billion in funding. Click here to learn more about the full Health Technology market report.

Health Technology Startup Market Trends and Insights  – Q1 2017

Here is our Q1 2017 summary report on the Health Technology startup sector. The following report includes a startup landscape overview, graphical trends and insights, and recent funding and exit events.

We are currently tracking 1,863 Health Technology companies in 22 categories across 58 countries, with a total of $41 Billion in funding. Click here to learn more about the full Health Technology market report.

Health Technology Market Overview and Innovation Quadrant – Q1 2017

The following post highlights how Venture Scanner categorizes the Health Technology startup landscape, and presents our Innovation Quadrant showing how those categories compare to one another. The data for this post is through April 2017.

Health Technology Logo Map Q1 2017

The above sector map organizes the sector into 22 categories and shows a sampling of companies in each category.

Health Technology Q1 2017 Innovation Qudrant

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: These categories are comprised of companies that have reached maturity with significant financing.
  • Established: These categories are comprised of companies that have reached maturity with less financing.
  • Disruptors: These categories are comprised of companies that are less mature with significant financing.
  • Pioneers: These categories are comprised of companies that are less mature with earlier stages of financing.

The definitions of the Health Technology categories 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.

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.

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.

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.

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

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.

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.

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

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.

IoT Fitness: Companies that create connected devices that track fitness and exercise metrics. Examples include healthy eating trackers, exercise tracking wristbands, and smartphone-controlled shoes.

IoT Health Care: Companies that create connected devices that track health metrics or help improve health well-being. Examples include breathing mobile games, sleep trackers, and pain relief wearables.

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.

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.

Nutrition Innovations: Companies that provide nutrition information, healthy lifestyle plans, and healthy food delivery.

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.

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

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.

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.

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.

We are currently tracking 1,847 Health Technology companies in 22 categories across 58 countries, with a total of $41 Billion in funding. Click here to learn more about the full Health Technology startup market report.

Health Technology Category Innovation Quadrant – Q4

healthtech-quadrant-graph
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.

Insurance Technology Funding by Category

The following infographic summarizes the total funding of all the companies within each Insurance Technology category. You could see that Health Insurance has the highest funding amount at $1.91 Billion, followed by Auto Insurance at $1.12 Billion. At Venture Scanner, we are currently tracking over 535 Insurance Technology companies in 13 categories across 47 countries, with a total of $4.63 Billion in funding. To see the full list of 535 Insurance Technology companies, contact us using the form on www.venturescanner.com.

InsurTech Funding by Category Gif

Venture Scanner enables corporations to research, identify, and connect with the most innovative technologies and companies. We do this through a unique combination of our data, technology, and expert analysts. If you have any questions, reach out to info@venturescanner.com.