Healthtech Startups Market Overview
[PDF] Healthtech or healthcare technology has become the fastest growing sector across globe. The strong focus on adoption of AI (artificial intelligence) and IoT (Internet of Things), the Healthtech startups are incorporating this technology for providing their services.
Healthtech Startups Market Drivers & Restraints
Healthtech Startups Market Drivers and Restrains:
Healthtech sector offers holistic care to patients which fuel market growth
Growing adoption of digital technology and advancement in medical technologies has improved healthcare sector across globe. The healthtech sector offers holistic care to patients with psychological and emotional support. The healthtech or healthcare technology such as smart wearable devices, mobile apps are powered by augmented reality and artificial intelligence technology which are easily accessible and help patients to track their day to day health record. The healthcare technology enable patients and caretakers to make decisions about diagnosis, prevention, and treatment of diseases. The web-based record system and digitally-optimized workflows has allowed healthcare professionals to work smoothly and without burden. The Healthtech startups are incorporating this technology for providing their services. The emergence of femtech and medtech firms has also provided lucrative opportunities in Healthtech Startups market growth.
Restrains:
However, fierce competition among players as more startups are entering the market has hampered the demand for market growth. Further, lack of mentorship for entrepreneurs of next generation has restrained the demand for Healthtech Startups market growth.
Healthtech Startups Market Segmentations & Regional Insights
Healthtech Startups Market Segmentation:
Healthtech Startups Market is segmented based on Category, Ecosystem, and End-Users and Region.
Category Insight
On the basis of Category, Healthtech Startups Market is segmented into Online Pharmacy, Telemedicine, Personal Health Management, Home Healthcare, Fitness & Wellness, Diagnostics, Biotech R&D, Medical Devices, Healthcare IT, Biopharma, Genomics, and Others.
Ecosystem Insight
On the basis of Ecosystem, Healthtech Startups Market is segmented into Non-Funded Healthtech Startup, Funded Startups, Healthtech Unicorn.
End-Users Insights
On the basis of End-Users, Healthtech Startups Market is segmented into B2B, and B2C.
Healthtech Startups Market Regional Insights:
On region the Healthtech Startups Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
North America market is estimated to witness a significantly high revenue share over the forecast period due to continuous technological development and presence of major players.
Asia Pacific market is estimated to witness a fastest revenue share over the forecast period due to adoption of technology such as robotics, data science & others, and increase in healthtech investment in India and China.
Report Scope:
Attribute |
Details |
Base year for estimation |
2023 |
Forecast period |
2024 – 2034 |
Market representation |
Revenue in USD Billion & CAGR from 2024 to 2034 |
Market Segmentation |
By Category - Online Pharmacy, Telemedicine, Personal Health Management, Home Healthcare, Fitness & Wellness, Diagnostics, Biotech R&D, Medical Devices, Healthcare IT, Biopharma, Genomics, and Others By Ecosystem - Non-Funded Healthtech Startup, Funded Startups, Healthtech Unicorn By End-Users - B2B, and B2C |
Regional scope |
North America - U.S., Canada Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific Latin America - Brazil, Mexico, Argentina, Rest of Latin America Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa |
Report coverage |
Revenue forecast, company share, competitive landscape, growth factors, and trends |
Segments Covered in the Report:
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2022 to 2032.
Few Other Promising Reports:
Healthtech Startups Market Competitive Landscape & Key Players
Healthtech Startups Market Key Players:
The key players operating the Healthtech Startups Market includes, Tempus, Clover Health, Lyra Health, Synergy Pharmaceuticals, PharmEasy, NetMeds, Healthify Me, Ori Biotech, Huma, StratifAI, and others.
Healthtech Startups Market Recent News
Recent Development:
The New Launched Product News,
In October 2023, the Confederation of Accredited Healthcare Organizations (CAHO) launched new ‘Healthcare Directory’ an online platform which help in connecting healthcare startups and practitioners at recently concluded healthtech Summit, ‘CAHOTECH 2023’. The directory has aimed to foster collaboration within India’s healthcare system by providing common platform for health-tech startups, hospitals, medical device companies, and other stakeholders.
Healthtech Startups Market Company Profile
- Company Profiles
- Tempus
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Clover Health
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Lyra Health
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Synergy Pharmaceuticals
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- PharmEasy
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- NetMeds
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Healthify Me
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Ori Biotech
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Huma
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- StratifAI
- Company Overview
- Product Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Healthtech Startups Market is segmented into Category, Ecosystem, End-Users and Region.
By region, the Healthtech Startups Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America market is estimated to witness a significantly high revenue share over the forecast period.
The key players operating the Healthtech Startups Market includes, Tempus, Clover Health, Lyra Health, Synergy Pharmaceuticals, PharmEasy, NetMeds, Healthify Me, Ori Biotech, Huma, StratifAI, and others.