The formation of medical technology companies has proceeded at a steady pace over the past few years. Â These largely device-intensive companies are pursuing a range of clinical applications that is progressively more diverse, encompassing materials science, application of various hybrid technologies and, ultimately, often dissolving boundaries between devices, diagnostics, biotech, pharma and other traditional product segmentation methods.
Below is illustrated the distribution of new medical technology companies across the spectrum of different clinical and technology areas of focus. Â Note, please, that multiple areas of focus are possible at individual companies (e.g. cardio diagnostics andÂ therapeutic, minimally invasive and spine, etc.).
The companies underlying this quantitative summary have been identified through the ongoing research by Market Diligence, including specifically for inclusion in an online database of startups and as a routine part of research for the company’s market and technology reports.
For more information about the Medtech Startups Database, see link.