The advent of Coronavirus has been a great realization for the whole world which has turned to the healthcare industry to find a cure. The healthcare sector has been facing constant challenges and new diseases owing to the increasing population, changing lifestyles, and environmental imbalances. At a crucial time like this, it is the healthcare sector that can save humanity from life-threatening diseases. This sector receives immense support from healthcare app development companies that enable healthcare startups to reach out to patients and provide their services.
A large credit goes to healthcare startups around the world that have transformed the range and access to healthcare services. These startups are becoming the next big thing due to the emerging technologies they have been implementing in their processes. It is due to these startups that consulting doctors remotely, booking appointments online, or receiving medicine delivery at the doorstep are becoming possible. With such potential displayed by healthcare startups, this post will be looking at the fastest growing healthcare startups in 2020. Many healthcare companies are looking for the best Healthcare app development companies for their business at this point in time.
Headquartered in Tsuruoka, Yamagata, Japan, Spiber Inc. was founded in 2007 by Kazuhide Sekiyama. Spiber Inc. is a biomaterials company that focuses on contributing to sustainable well being. The startup gained recognition for its product QMONO that was made from synthetic spider silk fiber. The company subsequently announced its Brewed Proteing outdoor jacket by the name Moon Parka with the North Face brand in Japan and South Korea. The Moon Parka signified ‘the dawn of a new ers for protein biomaterials’, as per Spiber Inc.
Samsung Bioepis Co., Ltd.
Among the top healthcare startups for 2020 is Samsung Bioepis Co., Ltd. The company is headquartered in Incheon, South Korea, and was founded in 2012. As the name suggests, the startup is a joint venture between Biogen and Samsung BioLogics. This startup focuses on the development and production of biopharmaceutical and biosimilar products. The product developed by this company provides treatments for Immunology, Opthalmology, Gastroenterology, Hematology, and Oncology.
Samsung Bioepis is working on providing patients an opportunity to use high-quality biologics at affordable prices. As per recent news, the startup launched Ontruzant, an anti-cancer drug, for the treatment of breast cancer in the US.
Headquartered in San Francisco, the United States of America, Honor was founded in 2014. The startup is a home care company that unites scalable workforce management and technology expertise through a personalized ad high-touch care of local home care agencies. It helps older adults with transparent, reliable, and high-quality personalized care and enables them to live with safety and comfort in their homes, in partnership with Honor Care Network Partners.
The startup operates a Care Network that supports local businesses that provide families with care. Honor is one of the fastest-growing home care companies in the non-medical sector of the US and is providing its services in the states such as New Mexico, Texas, Ohio, California, Arizona, and Michigan.
Strand Life Sciences
Headquartered in Bangalore, India, Strand Life Sciences was founded in 2000. The startup provides next-gen precision medicine solutions through the use of bioinformatics and advanced visualization. The startup transforms raw data into actionable insights by using data integration, predictive systems modeling, and scientific context management components.
The company attempts to reduce treatment costs and eliminate ineffective treatments through the analytics of cynical data precision medicine. You can also check at Enuke software, an IT company helping healthcare companies to build medicine delivery applications.
Founded in 2013 and Headquartered in Seoul, South Korea, Lunit is a venture company that develops advanced software for the analysis and interpretation of medical data. It uses deep-learning technology to develop such software. Lunit is an expert at processing medical imaging data. The startup is leveraging the power of Artificial Intelligence to establish a new standard of care with data-driven medicine.
Lunit is another healthcare startup that is using precision diagnostics and precision medicine powered by AI, to improve treatments. The startup is working on providing AI-powered solutions for cancer diagnostics and therapeutics to help save time and lives.
Headquartered in San Carlos, US, and founded in 2015, Helix is one of the fastest-growing healthcare startups. The focus and mission of the startup are on personal genomics and to improve the life of consumers through DNA. Therefore, it enables life sciences companies and health systems to conduct genomic research and increase the integration of genomic data in clinical care.
Helix offers services and the infrastructure such as the world’s largest CLIA/CAP next-generation sequencing labs to conduct population-scale genomic screening and research.
Headquartered in Singapore and founded in 2001, Tessa Therapeutics is an international biotech company that is an innovator in the cancer immunotherapy field. The company aims to revolutionize cancer treatment by leveraging the natural anti-viral immune response of a body as a therapy for solid tumors and hematologic malignancies.
Tesla is developing an allogeneic platform technology by combining properties of Virus-Specific T cells and CD-30 Chimeric Antigen Receptors to create cell therapies to treat cancer.
Roivant is headquartered in Basel, Switzerland, and founded in 2014. The startup aims to make developing new medicines time and cost-efficient for patients and the healthcare system. Roivant is a biopharmaceutical company that focuses on developing innovative medicines for patients by building entrepreneurial biotech and healthcare technology companies.
Oxford Nanopore Technologies
Headquartered in Oxfordshire, UK, Oxford Nanopore Technologies was founded in 2005. The company makes high-performance electronics-based DNA/RNA sequencing technology for biological analysis and research applications. Some of these applications include cancer research, microbiology, human genomics, environmental research, and plant science. The company also sells Nanopore devices that perform DNA/RNA sequencing in real-time.
TNH Health is headquartered in Rio, Brazil, and was founded in 2013. The company develops AI-powered chatbots to facilitate healthcare providers and organizations in monitoring patients and improving their health outcomes. TNH Health builds population health management products for emerging markets. The solutions provided by this company are targeted for low and middle-income group people that face the cost and access issues. The bots built by the company leverage AO to monitor health risks and alert healthcare providers.