As the year comes to a close, investors and venture capitalists are looking forward to the next stage of the tech sector’s growth. With so many promising new companies entering the market and growing adoption of technology, 2019 will see a transformation in the way the world communicates, thinks, and works. Here we’ve listed some of the most promising new health tech companies to keep an eye on in 2019. Check them out to find the right start-up for your specific needs.
Since then, the brand has grown to become a household name, with over 20 expansion plans in the works. The founders of Glossier believe that the industry’s focus on price tags and sales tactics is counterproductive. To achieve this goal, they’ve created a business model that is both profitable and sustainable.
In May 2018, Google reported that a study of 400,000 classroom students found that they had reductions in their school-related stress levels after using a virtual private network (VPN) solution.
The startup field of immersive technology offers an exciting opportunity for health tech startups to make an impact. With the advancements in machine learning, virtual reality, and augmented reality, lifelike technology is now a reality. For this to happen, a business needs to have an idea of what its customers want — and what that demand maybe years down the road. With the advent of virtual and mixed reality, the need for high-quality, immersive visual and audio experiences has never been more important. The same can be said for the security of the data being transmitted.
Life is Good!
Launched in 2015, Life is Good! is the brainchild of a group of investors led by Felicisima Fund. The founders, who once ran a lifestyle marketing firm, knew right away that they wanted to create products that offered convenience but also promoted healthy habits. That’s when the idea for the Perfect Snack was born. The Perfect Snack is just one of many products the company offers. The company’s teas, protein bars, waters, and more are all top-notch, and the range of healthy meal options is impressive.
One of the more interesting startups to watch in 2019 is Medix. The company makes blood pressure and heart rate monitors that are worn on the wrist or ankle. The idea behind Medix is to create a new class of health devices made for people who want to stay connected but don’t necessarily want to use a phone or computer.
One of the most important is an updated iOS and Android app, which now allows for real-time nursing care. Beyond that, the company’s engineers have been hard at work on improving the accuracy of the sensors and creating a more energy-efficient device.
The idea of an open bionics approach to artificial limbs and other devices has been around for decades, but now it has a new lease of life with the advent of 3D printing. For the approach to work, it requires the public sector to 3D print bionic limbs and other devices.
Persistently chronic conditions
For an approach to chronic conditions to be successful, patients need access to quality healthcare. Quality healthcare comes at a cost, which is why startups are trying to tackle the market with affordable services. For example, ZocDoc is a peer-to-peer healthcare referral service that provides patients with the tools to find a doctor near them.
Pulsed Field Device
The buzz around the pulsed-field device (PFD) is growing, and with good reason. Today, the device is used to treat a variety of conditions, including metabolic diseases, inflammatory bowel diseases, and autoimmune disorders. The device is often used in combination with an insulin pump.
Smart Contact Lenses
Contacts lenses are typically circle lenses or square lenses with lenses that line up with the contours of the face. The idea behind contacts lenses is to reduce glare and light reflection, which are both major causes of eye strain. Contacts lenses also allow for easier conversation and more natural eye contact.