Top Medical Devices Startups in 2027

Clippard 's miniature control solutions involve manufacturing pneumatic valves, electronic pressure regulators, customized valves, pneumatic cylinders, air preparation equipment and pneumatic fittings, hose and tubing. Pneumatic valves to meet specific needs with greater capacity with less wastes, controlled speed, less wear and air consumption

Hyperfine is democratizing medical imaging by building and commercializing the world's first low-cost, portable, point-of-care, intelligent Magnetic Resonance Imaging system.

Arbutus Medical’s purpose is to develop a portfolio of frugal innovations that save costs for hospitals and improve access to orthopaedic surgery for 5 million patients by 2030. The company's flagship product is a novel orthopaedic power tool system (the DrillCover platform) that costs 30x less than competitors. Arbutus launched its DrillCover in late 2016, focused on low-income countries for 2 years, then pivoted and validated fit in veterinary medicine (62% YoY growth), military field medicine (sales to US and Canadian militaries), and US Trauma Centers. Arbutus has enabled 58,000 surgeries to date.

Tombot makes robotic animals that transform the daily life of individuals, families and communities facing health adversities. Originally designed to meet the specific medical needs of seniors with dementia, Tombot Puppies have also been preordered for children with Autism, adults with high impact chronic pain, major depressive disorder, anxiety, bipolar disorder, and PTSD, and for long inpatient stays and arduous outpatient treatments at hospitals. Peer-reviewed studies show that robotic animals positively affect some users’ ability to cope with stress, anxiety, loneliness, depression and pain, reducing their need for psychotropic and opioid medications. Key Milestones and Metrics: • Completion of our 5th generation prototype and 3rd round of customers studies with 100s of seniors with dementia • Over 3,900 preorder and waitlist customers • Member of StartX: Stanford-funded startup accelerator program • Member of the Canadian Creative Destruction Lab accelerator program • Member of Children’s Hospital of Los Angeles accelerator program (CTIP) • Large-scale clinical trials in development with Children’s Hospital and the University of Southern California to demonstrate reduced stress, anxiety and pain for pediatric hospital inpatients • Large scale study in development with the LAC-USC Hospital Burn Unit to demonstrate reduced stress, anxiety, and pain for pediatric burn patients • Major national and international media coverage • Winner 2019 RoboBusiness Pitchfire competition • Filed multiple trademark, design and provisional utility patent applications • U.S. TAM: $9.0B (seniors with dementia plus mild cognitive impairment)

We kill cancers and viruses non-invasively using targeted heat, without side effects. Our proprietary nanoparticles seek out and attach to diseased cells or pathogens. Our HET system sends energy only to our nanoparticles, heating them up, curing the patient.

We built a pacemaker-like system that allows tinnitus and stroke patients to receive a novel therapy. The implanted device is connected to the vagus nerve in the neck and sends tiny pulses of electricity, which cause the brain to release chemicals called neurostransmitters. When these tiny pulses are paired with external stimulus such as tones or motor movements, specific regions of the brain are able to be rapidly rewired. Research was published in Nature and New England Journal of Medicine.

NERv is developing biosensors that are embedded in wound drains and catheters to identify anastomotic leaks once they develop. The first device is an in-line device that augments existing wound drains to analyze peritoneal (abdominal) cavity fluid as it is extracted from inside the body. The second device is a "smart catheter" with the sensors embedded at the tip of the catheter and is placed within the abdominal cavity to monitor the patient continuously. The second system has been developed for surgeons who prefer to not use wound drains. Both however utilize the same sensing technology. Both systems can predict and notify the healthcare provider if early signs of a surgical leakage are detected by the sensors. NERv’s platform allows surgeons to detect leakages early, take the appropriate clinical response to help patients recover while avoiding the cascade of complications that arise from the late detection of the complication.

We have a variety of upper limb products that we sell directly to prosthetists. We specialize in myoelectric (electric hand) devices such as batteries, electrodes, and control technology, but we also distribute body powered devices such as cable controlled hands, durable rotating wrists, and mechanical fingers for partial hand amputees. Please see our website for more information about these products.

Oncoustics is a unique and innovative player in the medical AI space today. Oncoustics is creating and deploying advanced AI solutions for low cost, non-invasive surveillance, diagnostics, and treatment monitoring of diseases with high unmet clinical need. We apply AI to raw ultrasound signals from readily available handheld ultrasound devices to rapidly differentiate healthy versus diseased tissues. Initially we are targeting liver disease, a $30B global diagnostic market. This year we’re filing our FDA 510(k) for Onc 001 that detects liver fibrosis. Several follow-on liver products are in development. We also have clinical data on other organ indications including prostate, kidney, breast and thyroid diseases and cancers.

We, lvlAlpha is an ISO 13485 Medical Device QMS certified, Early Stage, Defence Tech Startup building Wearable devices for Defence Tri-Forces, Industry and Public Health. Our Vision is to “Accelerate the Growth of Technology to Mitigate High Risk Environments and improving Human Existence.” We are supported and based in Niti Aayog backed Atal Incubation Centre (AIC), Mumbai and supported in acceleration by Department of Science and Technology(DST) Backed TBI,India. We are supported in Grant by Ministry of Electronics and Information TechnologY (MeitY), India Entrepreneurship Grant 2020 and SASACT Grant 2020. We are also funded by IOCL Startup Fund Round III. We are currently rolling out Wrist-worn Health and Location Tracker and Trauma Monitoring Software for Defence Forces. Our Affiliations : AIC-NMIMS, KIIT-TBI, CII-Pune, MCCIA, IOCL Venture Capital : Indian Oil Startup Fund Round III Defence : defexpo.gov.in/assets/PDF/Book 1 MSME.pdf Ministry of Electronics and Information TechnologY (MeitY), India Entrepreneurship Grant 2020 MeitY, SASACT Grant 2020 CII - West-Tech 2019, ZIP Start 2020 Compendium of Innovation 2020 ciihive.in/doc/11974eCompendium Innovations.pdf Startup Visa, Govt. of Canada