The healthcare IT market is experiencing a period of exponential growth and innovation. In 2022, this dynamic sector was valued at an impressive USD 200 billion. Projections estimate a surge to approximately USD 1069.13 billion by 2032. This rapid expansion reflects a compound annual growth rate (CAGR) of 18.30% from 2023 to 2032. There will be a transformative era for health tech companies as they evolve to meet the increasing demands of modern healthcare.
Healthcare technology companies serve both patients seeking personalized care and professionals desiring efficient tools for better health outcomes. That’s why the need for reliable, effective, and top healthcare solutions is more pressing than ever.
In this article, you will explore a list of health tech companies that are considered the most innovative and industry-recognized. Ready to find out which companies are leading the way and how they’re doing it? Continue reading to discover the best in the world of health tech.
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Below, you will find the best organizations by category: BioTech, Consumer HealthTech, Medical Devices, and Software & Data. Join us to explore the standout health tech companies that are revolutionizing their respective areas.
Pioneering AI in Small Molecule Drug Discovery
Founded: 2012
Company’s Size: 101-250
Website: https://www.atomwise.com/
Location: the United States
Expertise: AI-Enabled Drug Discovery
Atomwise is one of the health tech companies in the USA that harnesses AI to transform small-molecule drug discovery. They are known for inventing the application of deep learning in structure-based drug design. Thanks to this innovation, partnering biotech companies can find and improve new chemical compounds.
The efficacy of Atomwise’s discovery engine is widely recognized:
Atomwise is actively developing a wholly-owned pipeline. They are also exploring new treatments in immunology and oncology at the discovery phase.
Significant achievements have marked Atomwise’s financial journey. The company has secured over $174 million in funding from leading venture capital firms. Such substantial backing is instrumental in driving their mission forward, aiming to develop superior medicines more quickly.
Enhancing Healthcare with Personalized Predictive Care
Founded: 2015
Company’s Size: 251-500
Website: https://www.biofourmis.com/
Locations: India, Singapore, the United States
Expertise: Software-Based Therapeutics, Predictive Care, Clinical Trial Data
Biofourmis is one of the health tech companies that partner with health systems and pharmaceutical companies with an aim to facilitate care delivery and drug development. Specifically, their platform helps healthcare institutions monitor patient physiology more effectively by connecting to existing medical-grade clinical devices and sensors. Thanks to Biofourmis, life science organizations can speed up their clinical development and find therapy candidates for newly created treatments.
Biofourmis specializes in software-based therapeutics. In particular, they collect biosensor data to track a patient’s health status. After that, AI-driven analytics within the platform predicts if the conditions are to get worse. Therefore, Biofourmis focuses on predictive care tailored to individual needs, enabling timely interventions and treatment administration for chronic conditions.
Biofourmis’ impact on life sciences is global:
Biofourmis has made strides in improving care delivery:
Actionable Insights for Infectious Disease Diagnosis
Founded: 2016
Company’s Size: 11-50
Website: https://www.dayzerodiagnostics.com/
Location: the United States
Expertise: Infectious Disease Diagnosis, Antimicrobial Resistance Identification
Day Zero Diagnostics is one of the medical technology companies that provides vital data for diagnosing infectious diseases. This team’s focal point is on identifying antibiotic-resistant pathogens. Utilizing machine learning (ML) and whole-genome sequencing, they offer a new edge in clinical diagnostics.
Day Zero Diagnostics’ technology range includes:
In October 2023, Day Zero Diagnostics made strides in AI healthcare by introducing Keynome® gAST. This AI-based algorithm is capable of predicting the antimicrobial susceptibility (AST) of infections using whole genome sequences. With this new product, healthcare professionals can pinpoint developing patterns of resistance and possible hotspots.
Now, let’s move on to the top six companies specializing in consumer health technologies.
Simplifying Healthcare Through Mobile Connectivity
Founded: 2015
Company’s Size: 1001-5000
Website: https://carbonhealth.com/
Location: the United States
Expertise: Urgent Care, Primary Care, Mental Health, COVID Care
Carbon Health’s mobile-based network streamlines the connection between healthcare providers and patients. The mission is clear: make healthcare accessible for all.
This company’s product offers a seamless healthcare experience:
Carbon Health provides a range of essential services:
Carbon Health is one of the fastest-growing health tech companies. It scaled up from seven clinics in 2019 to an extensive network of 80 clinics by 2023. This expansion extends across 13 states, positioning Carbon Health on a trajectory to become the first nationwide primary care provider.
Transforming Healthcare with Mobile and Virtual Solutions
Founded: 2013
Company’s Size: 1001-5000
Website: https://www.dispatchhealth.com/
Location: the United States
Expertise: Mobile Healthcare, Virtual Medicine
DispatchHealth is one of the health tech companies that specialize in virtual medicine and modern house calls. The company aims to provide solutions that improve health outcomes, significant cost savings, and seamless clinical integration. At the moment, DispatchHealth operates across 21 states in the U.S.
DispatchHealth’s services are a modern response to the overuse of emergency rooms. They offer an accessible way for U.S. residents to receive healthcare:
This company also collaborates with healthcare facilities:
In 2023, DispatchHealth formed a partnership with Included Health. This collaboration combines online care with on-demand, in-home clinical support.
Streamlining Healthcare Appointments Across Europe
Founded: 2013
Company’s Size: 1001-5000
Website: https://www.doctolib.fr/
Locations: France, Germany, Italy
Expertise: Digital Health Appointments, Video Consultations
Doctolib is one of the healthcare SaaS companies that helps simplify booking medical appointments. Patients can easily arrange both in-person and video consultations with healthcare providers.
There are almost 340,000 healthcare professionals from France, Italy, and Germany available on this platform. It is now a vital service for 80 million patients in these countries.
Doctolib has become a leader in e-health security, recognized as one of the first to receive the C5 certificate, a German Government-backed attestation from the Federal Office for Information Security (BSI). It confirms Doctolib’s commitment to strict operational security, that helps protect against cyber threats in cloud services.
Revolutionizing Healthcare Access through an All-in-One App
Founded: 2020
Company’s Size: 1001-5000
Website: https://includedhealth.com/
Location: the United States
Expertise: Virtual Care, Health Navigation, Community-Based Healthcare
Included Health stands out as one of the health tech startups, offering complete care through a single app. Patients can use the platform to receive mental health, virtual primary, and urgent assistance. The range of health issues Grand Rounds Health and Doctor On Demand acquired this organization in 2021.
This innovative healthcare tech company combines virtual care, navigation, and community-based healthcare. It aims to deliver a radically improved healthcare experience to millions across the U.S.
Included Health is known for its unique range of services:
As of June 2023, Included Health boasts cooperations with over 70 leading employers (e.g., Mattress Firm and McDonald’s) and health plans (e.g., SCAN and Tufts). The collaborations are aimed at facilitating more accessible virtual care for LGBTQ+ and black employees. For example, SCAN Health Plan with Included Health launched the first-ever Medicare Advantage Plan for LGBTQ+ older adults. Currently, Included Health has managed to support over 4 million individuals, especially from marginalized communities.
Virtual Care Focused on Women and Family Health
Founded: 2014
Company’s Size: 501-1000
Website: https://www.mavenclinic.com/
Location: the United States
Expertise: Virtual Care, Family Planning, Maternal Health
Maven Clinic is one of the healthcare IT companies in the USA with a virtual care model centered on women and families. Their data-driven, holistic approach aims to deliver proactive disease and complication intervention. Maven provides comprehensive care for parents and those planning to become one.
This health tech company’s platform ensures personalized care:
Maven Clinic’s customers have seen substantial health improvements, with a third reporting better management of anxiety or depression. Furthermore, a quarter of those using Maven’s fertility resources have successfully achieved pregnancy without the need for assisted reproductive technologies. Thus, Maven users have improved the management of mental health and gained a higher success rate in natural pregnancy.
This company reports a 2:1 clinical return on investment and a 4:1 business return. Moreover, the platform contributes to up to 20% lower C-section rates due to proactive check-ins and ongoing assessments. Also, there are up to 28% lower NICU admission rates and a 31% reduction in unnecessary ER visits.
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Advanced Technology for Mental Health
Founded: 2014
Company’s Size: 101-250
Website: https://www.sondermind.com/
Location: the United States
Expertise: Mental Health Services, Therapist Matching
SonderMind is a U.S. healthcare company that utilizes innovative technology to connect people with mental health providers. Their user-friendly platform offers quick therapist matching, streamlined scheduling, and essential administrative tools for healthcare professionals. SonderMind supports most major insurance providers.
SonderMind’s expansion is marked by key acquisitions:
SonderMind is available in 15 states — Arizona, Colorado, Georgia, Indiana, Kentucky, Maine, Maryland, Massachusetts, Missouri, Nebraska, New Hampshire, Ohio, Texas, Vermont, Virginia, and Washington, D.C.
Medical devices lie at the core of successful healthcare. So, scroll down to review the best health tech companies contributing to this sphere.
Innovating for Global Health Improvement
Founded: 1979
Company’s Size: 10001+
Website: https://www.bostonscientific.com/
Location: the United States
Expertise: Medical Devices for Various Specialties
Boston Scientific is one of the public health tech companies that supply innovative medical devices. The range of solutions includes remote patient monitoring, pacemakers, defibrillators (ICD), catheters, and many more etc. Boston Scientific caters to the medical specialties below:
This organization has a workforce exceeding 45,000 employees and commercial representation in 130 countries.
In 2022, Boston Scientific achieved impressive sales, amounting to $12.682 billion. This financial success reflects their significant impact on healthcare, as they treat over 33 million patients each year.
Advancing Diabetes Management with Continuous Glucose Monitoring
Founded: 1999
Company’s Size: 5001-10000
Website: https://www.dexcom.com/
Locations: Australia, Austria, Canada, Germany, Japan, Lithuania, Malaysia, New Zealand, Philippines, Singapore, Spain, Switzerland, the United Kingdom, the United States
Expertise: Continuous Glucose Monitoring Systems
Dexcom, known as one of the best health tech companies worldwide, is a pioneer in real-time continuous glucose monitoring (RT-CGM). Their commitment to innovation simplifies diabetes management for individuals and healthcare providers alike.
Dexcom’s product line features cutting-edge systems:
Dexcom has over 8,000 workers across the globe. Beyond its extensive employee base, this company has cultivated a strong community presence through the Dexcom Warrior program. This initiative unites more than 20,000 active users who rely on innovative continuous glucose monitoring systems daily.
Innovating Medical Devices for Global Healthcare
Founded: 1979
Company’s Size: 1001-5000
Website: https://www.medtronic.com/
Locations: Australia, Canada, India, New Zealand, Singapore, the United States, and 144 other countries
Expertise: Medical Devices, Health Therapies
Medtronic is one of the health technology companies globally recognized for its medical devices. Their products range from insulin pumps and pacemakers to advanced diabetes therapies. They are dedicated to innovating solutions for over 70 health conditions, including Parkinson’s disease and diabetes. Over 95,000 people in 150 countries use Medtronic’s devices.
Medtronic’s investment in the future is substantial:
Medtronic combines technology with a profound understanding of the human body and medical science. This blend leads to unprecedented solutions in healthcare. For instance, in 2016, they introduced the first leadless pacemaker in the U.S. market. Continuing their innovation, Medtronic released the next-generation leadless pacemakers in early 2023. These devices, tiny as a multivitamin, set a new standard in the industry.
Are you interested in exploring software solutions in the healthcare industry? Read on to discover the leading health tech companies here!
Elevating Revenue Cycle Management
Founded: 2011
Company’s Size: 10001+
Website: https://www.accesshealthcare.com/
Locations: the United States, India, Philippines
Expertise: Revenue Cycle Management, Medical Billing, Medical Coding
Access Healthcare is one of the largest healthcare technology companies that offers end-to-end revenue cycle services. They cover medical billing, coding, accounts receivable, etc. Access Healthcare’s client base spans over 150 healthcare systems, hospitals, medical groups, and health plans.
As one of the top IT healthcare companies, Access Healthcare has developed its products based on the latest ML and AI technologies. The team has also utilized unified medical language systems (UMLS) and Optical Character Recognition (OCR) in some of their solutions.
Access Healthcare’s digital platforms include:
This healthcare software company operates 20 global service centers with over 27,000 employees.
Enhancing Communication in Healthcare
Founded: 1953
Company’s Size: 101-250
Website: https://www.ascom.com/
Locations: Australia, Austria, Belgium, China, Denmark, United Arab Emirates, Finland, Switzerland, the United States, and 10 more countries
Expertise: Communication Solutions, Software, Mobile Devices
Ascom is one of the hospital software companies specializing in communication and collaboration solutions. This organization offers a variety of products:
So, all of their solutions aim to improve operational efficiency and boost situational awareness.
In addition, the company provides several key services:
Ascom’s global reach is impressive: over 32,000 solutions are installed worldwide. More than 12,000 hospitals use their software, and their systems handle over 800 million alerts annually.
In late 2022, this company collaborated with Amazon Alexa Smart Properties. This cooperation was aimed at improving long-term care. The focus was on enhancing treatment quality and keeping residents connected, informed, and entertained. This solution is available in the UK and France, but Ascom plans to expand its reach.
Ascom is recognized for its outstanding performance in the medical devices connectivity sector. This team has received the 2022 Frost & Sullivan Technology Leadership Award.
Driving Healthcare Innovation with Digital Technology and Consulting
Founded: 2005
Company’s Size: 1001-5000
Website: https://www.citiustech.com/
Locations: Canada, India, Poland, Singapore, United Arab Emirates, the United Kingdom, the United States
Expertise: Healthcare Consulting, Digital Engineering, AI Analytics
CitiusTech is a provider of digital technology and consulting services, catering to healthcare, life sciences and med tech companies. Their offerings include:
CitiusTech’s active engagement with customers is reflected in over 350 ongoing projects. They have more than 140 clients and 8,500 deployments for healthcare and life science organizations.
Pioneering AI and Data-Driven Solutions in Healthcare
Founded: 2018
Company’s Size: 1001-5000
Website: https://www.concertai.com/
Locations: India, the United States
Expertise: AI Technologies, Real-World Data, Medical Imaging AI
One of healthcare IT solutions providers, ConcertAI focuses on gaining early disease insights and improving patient outcomes. These goals are achieved through leveraging advanced real-world data, AI technologies, and scientific expertise. They partner with biomedical innovators, healthcare providers, and medical societies.
ConcertAI’s offerings include:
Besides products, this health tech company also has custom data and research services. ConcertAI’s scientists consult their clients on research design and execution, regulatory uses of medical data, etc.
In 2019, ConcertAI’s team expanded its data science collaboration with Janssen. These companies were focusing on driving effective therapies and tackling health disparities within clinical trials. Additionally, they partnered with Pfizer in the field of precision oncology to accelerate patient insights.
Empowering Healthcare Workforce through Education and Enablement Solutions
Founded: 2002
Company’s Size: 501-1000
Website: https://www.relias.com/
Location: the United States
Expertise: Workforce Education, Risk Management, Compliance
Relias is among health tech companies specializing in integrated tools and top-tier learning content for healthcare providers and their staff. This organization’s solutions are designed to attract and retain talent, as well as elevate care quality.
Relias offers a range of benefits:
Under the Relias umbrella are several notable brands:
This health tech company partners with over 11,000 healthcare and human service organizations. They have a large community of more than 4.5 million caregivers.
Advancing Connected Care with Remote Patient Monitoring
Founded: 2011
Company’s Size: 501-1000
Website: https://www.huma.com/
Locations: Germany, the United Kingdom, the United States
Expertise: Remote Patient Monitoring, Digital Health Platforms
Huma is a health tech company selected as one of ‘Europe’s 1000 Fastest Growing Companies of 2023’. Their remote patient monitoring platform focuses on enhancing connected care for patients. They use biomarker data and predictive algorithms for monitoring patients and conducting clinical trials.
Huma’s platform features advanced technologies:
Huma’s global influence is substantial:
In August 2023, Huma announced that they are leveraging Google Cloud’s Vertex AI and Google GenAI tools like Med-PaLM 2. With generative AI applications, Huma plans to improve their SaMD platform. Together with Google Cloud, the company aims for safe, responsible, and meaningful AI integration in healthcare.
Streamlining Healthcare Practices with Comprehensive Automation Solutions
Founded: 2021
Company’s Size: 501-1000
Website: https://www.tebra.com/
Location: the United States
Expertise: Practice Automation, EHR, Patient Management
Tebra represents a significant advancement in health tech companies, born from PatientPop and Kareo joining forces. This collaboration united practice growth technology with cloud-based clinical and financial software. As a result, they have presented a complete operating system for independent practices. More precisely, Tebra’s solution encompasses tools for:
Over 100,000 providers utilize Tebra’s solution to support the healthcare journey of 85 million patients in the U.S.
A Leading Force in Health Tech for Software & Data
Founded: 2015
Company’s Size: 1001-5000
Website: https://www.tempus.com/
Locations: the United States, Spain
Expertise: AI-Enabled Precision Medicine, Clinical Care, Research Products
Tempus is a standout among health tech companies, leading the way in AI-enabled precision medicine. This health tech startup specializes in innovative solutions in healthcare that impact clinical care and life sciences.
Tempus offers a range of products for healthcare providers:
For life sciences, Tempus presents its self-service analytics solution, Lens. Using this platform, scientists can get drug development insights without building their own IT infrastructure. They can perform analysis based on Tempus’ licensed clinical and molecular records.
Tempus serves both healthcare providers and life sciences with the following cross-disciplinary products:
40% of U.S. oncologists are now engaged with Tempus, through sequencing, clinical trial matching, and research partnerships. Furthermore, 50% of academic medical centers in the U.S. are also linked with Tempus.
This company marked a significant milestone with the launch of Tempus N+ on May 20, 2022. This program aims to revolutionize mental health treatment through precision medicine. Specifically, it focuses on establishing a reliable and protected system for gathering and examining both molecular and clinical data. Doing that, Tempus works towards facilitating research in the psychiatric care field.
We went through 20 companies that set high standards in the healthcare technology sphere. All of them share common traits: cutting-edge technology, patient-centered solutions, and a commitment to improving healthcare outcomes. Their work is a testament to the potential of technology in transforming healthcare.
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The healthcare field encompasses various spheres, including biotech, medical device production, software & data, and consumer health tech. Among the top health tech companies is Tempus in biotech, focusing on AI-enabled precision medicine. Medtronic is in the medical device production sphere and is known for its sustainable practices and innovative products. CitiusTech is in the software & data category, offering healthcare consulting and digital solutions. Maven Clinic is in the consumer health tech field, providing virtual care targeted at women and families.
Medtronic is recognized as the most sustainable healthcare company. Medtronic has made a commitment to environmentally friendly manufacturing processes in medical device production. The company works closely with hospitals to reduce medical waste.
The United States is home to about 41,550 health tech startups. Among them are Included Health and Dexcom which stand out the most. Included Health specializes in connecting individuals with healthcare providers through a comprehensive digital platform, while Dexcom leads in continuous glucose monitoring technology.
