By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Health Works CollectiveHealth Works CollectiveHealth Works Collective
  • Health
    • Mental Health
    Health
    Healthcare organizations are operating on slimmer profit margins than ever. One report in August showed that they are even lower than the beginning of the…
    Show More
    Top News
    HIPPA compliance
    How Medical Office Staff Can Make Your Practice HIPAA Compliant
    October 29, 2021
    Everything you need to know about hyaluronic acid treatment
    Everything you need to know about hyaluronic acid treatment
    February 10, 2022
    Which Mushroom Capsules Are Good for Your Health?
    May 5, 2022
    Latest News
    7 Most Common Healthcare Accreditation Programs: Which Should You Use?
    August 20, 2025
    Hospital Pest Control and the Fight Against Superbugs
    August 20, 2025
    Hygiene Beyond The Clinic: Attention To Overlooked Non-Clinical Spaces
    August 13, 2025
    5 Steps to a Promising Career as a Healthcare Administrator
    August 3, 2025
  • Policy and Law
    • Global Healthcare
    • Medical Ethics
    Policy and Law
    Get the latest updates about Insurance policies and Laws in the Healthcare industry for different geographical locations.
    Show More
    Top News
    ID-100249250
    8 Months Until ICD-10 Implementation: What to Know
    February 23, 2015
    What To Know About The Palatable Career Of A Dietician
    August 1, 2019
    cloud services
    Evaluating and Choosing Healthcare Cloud Service Providers
    February 2, 2024
    Latest News
    How Social Security Disability Shapes Access to Care and Everyday Health
    August 22, 2025
    How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
    August 22, 2025
    How One Fall Can Lead to a Long Road of Medical Complications
    August 22, 2025
    How IT and Marketing Teams Can Collaborate to Protect Patient Trust
    July 17, 2025
  • Medical Innovations
  • News
  • Wellness
  • Tech
Search
© 2023 HealthWorks Collective. All Rights Reserved.
Reading: Startup Trends in Medtech
Share
Notification Show More
Font ResizerAa
Health Works CollectiveHealth Works Collective
Font ResizerAa
Search
Follow US
  • About
  • Contact
  • Privacy
© 2023 HealthWorks Collective. All Rights Reserved.
Health Works Collective > Business > Startup Trends in Medtech
Business

Startup Trends in Medtech

PatrickDriscoll
PatrickDriscoll
Share
4 Min Read
SHARE

If you have access to large amounts of data, your natural inclination is to use it whenever possible to answer specific questions that may arise.  Suffice it to say that, in the area of medical technology startups, I have a large amount of data, since I have been tracking the formation of medtech companies for a dozen years, detailing the contacts (and all of their details), their technologies, their clinical areas of focus and other specifics.

If you have access to large amounts of data, your natural inclination is to use it whenever possible to answer specific questions that may arise.  Suffice it to say that, in the area of medical technology startups, I have a large amount of data, since I have been tracking the formation of medtech companies for a dozen years, detailing the contacts (and all of their details), their technologies, their clinical areas of focus and other specifics.  The formation of medtech startups is, after all, a good indication of where medtech is going (the other way of seeing where things are going in medtech is following the money, which is another set of trends I follow).

Having tracked medtech company formation for this long, I was recently curious to characterize the overall trend (numbers of companies by types of clinical/technology focus) in the number of startups.  Unsurprisingly, the trend from 2000 to 2012 reflects at a minimum the impact of the “Great Recession” on startup formation, with a very distinct drop-off in company formation post 2007, to a level in Q4 2012 that has done anything but rebound.

Trend in Medtech Startups by Clinical/Technology Focus, 2000-2012

More Read

healthcare marketing CMO
The CMO: Mind the Gap
“How Much is That?” = Quest for VALUE
How To Identify And Report Medical Billing Fraud
When Was the Last Time You Gave Your Practice a “Checkup”
LinkedIn Influencers: Good or Bad for Pharma?

Source: MedMarket Diligence, LLC; Startups.

So, while I see that the overall trend in startup formation shows that we still have a ways to come back toward the volume of entrepreneurship that was active in 2007, I was then interested to see the trend in types of medtech startup, regardless of the aggregate number of startups.

Below is illustrated the 2012 distribution of medtech startups by clinical and technology focus — and below that, the same for 2007.  I shown these as pie charts so one can readily see the overall “shape” of new medtech in 2007 versus 2012.

Source: MedMarket Diligence, LLC; Startups.

Source: MedMarket Diligence, LLC; Startups.

There are a number of conclusions that can be made in comparison of 2007 and 2012.  First, there are consistently strong clinical areas fields driving medtech, including orthopedics/musculoskeletal, cardiovascular therapeutics and surgery.  Second, one can see very distinct trends (borne out by other data we have) in, on the one hand, the growth of minimally invasive technology and, on the other hand, a decline in formation of spine surgery startups.

I don’t need to tell you that you are free to draw your own conclusions.

    

TAGGED:medtechstart-ups
Share This Article
Facebook Copy Link Print
Share
By PatrickDriscoll
Follow:
I serve the interests of medical technology company decision-makers, venture-capitalists, and others with interests in medtech producing worldwide analyses of medical technology markets for my audience of mostly medical technology companies (but also rapidly growing audience of biotech, VC, and other healthcare decision-makers). I have a small staff and go to my industry insiders (or find new ones as needed) to produce detailed, reality-grounded analyses of current and potential markets and opportunities. I am principally interested in those core clinical applications served by medical devices, which are expanding to include biomaterials, drug-device hybrids and other non-device technologies either competing head-on with devices or being integrated with devices in product development. The effort and pain of making every analysis global in scope is rewarded by my audience's loyalty, since in the vast majority of cases they too have global scope in their businesses.Specialties: Business analysis through syndicated reports, and select custom engagements, on medical technology applications and markets in general/abdominal/thoracic surgery, interventional cardiology, cardiothoracic surgery, patient monitoring/management, wound management, cell therapy, tissue engineering, gene therapy, nanotechnology, and others.

Stay Connected

1.5kFollowersLike
4.5kFollowersFollow
2.8kFollowersPin
136kSubscribersSubscribe

Latest News

travel nurse in north carolina
Balancing Speed and Scope: Choosing the Nursing Degree That Fits Your Goals
Nursing
September 1, 2025
intimacy
How to Keep Intimacy Comfortable as You Age
Relationship and Lifestyle Senior Care
September 1, 2025
engineer fitting prosthetic arm
How Social Security Disability Shapes Access to Care and Everyday Health
Health care
August 20, 2025
a woman explaining the document
How a DUI Lawyer Can Help When Your Future Health Feels Uncertain
Public Health
August 20, 2025

You Might also Like

Leaning Forward in Health Care

November 4, 2012

Five Accelerants to the Adoption of Connected Health

February 2, 2015

Teamwork Improves Surgical Safety and Reduces Mortality

April 18, 2011

ER Visits and the Elderly: Why Are Costs So High?

August 22, 2013
Subscribe
Subscribe to our newsletter to get our newest articles instantly!
Follow US
© 2008-2025 HealthWorks Collective. All Rights Reserved.
  • About
  • Contact
  • Privacy
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?