About the “Top Disruptors in Healthcare” Report
Three years have passed since the potential of Polish medical scabs, their current needs and the challenges they face were first presented. The passage of time has shown that creating an opportunity for these fast-growing entities to present their potential should be considered today as one of the most important and greatest needs in the medtech market, especially since the “Top Disruptors in Healthcare” report is the first and only review of Polish medical start-ups. It was created in order to facilitate cooperation between startups and investors and other end customers, such as medical institutions, partners and patients.
– Each of the solutions offered by the startups that participated in the Report is extremely innovative. Many of them have the potential to impact the future of the healthcare sector, or are already doing so. Medical facilities also recognise the benefits of using innovation in health, as can be seen from the statistics that the vast majority of startups create their solutions in collaboration with them. This is also evident from our ‘AI is not Sci-Fi’ review, which provides examples of AI-based solutions already implemented in medical facilities. It also includes startups from the Report – points out Karolina Kornowska, author of the Report and Project Manager at the Polish Federation of Hospitals and AI in Health Coalition. – The startup market is developing and changing dynamically, but we are glad that more than half of the startups which took part in both editions or one of the previous ones have appeared in the Report. Observing the development of these startups and the increasing number of successes they achieve is very satisfying,” he adds.
The first edition of the “Top Distruptors in Healthcare” report was a huge success. The first edition of “Top Distruptors in Healthcare” proved to be a huge success with 74 medical startups involved in the creation of the publication. In the second edition of the publication, their number grew to 115. 144 startups and 14 international startups from Central and Eastern Europe present their profile and achievements in this third edition of “Top Distruptors in Healthcare”.
– The “Top Disruptors in Healthcare” Report is already the third comprehensive and extensive study of the topic after the first, highly popular edition of the Report prepared in 2019 and the second in 2021. In this edition of the Report you will find a description of 144 exciting young medical businesses from Poland and – for the first time – also 14 from the CEE area, which are presented for the purpose of information, investment, networking, marketing, popularization, education, etc. They are presented for the purpose of information, investment, networking, marketing, popularisation, education, etc., aimed at promoting and supporting Polish start-ups in the healthcare sector on the national and international forum – notes Professor Jarosław J. Fedorowski, President of the Polish Hospital Federation.
Some of the questions and answers provided by startups are only visible in the extended version of the Report, including the current needs section, contact details, founders’ CVs, sensitive information, what potential competition looks like, and detailed financial data. The extended version of the Report will be made available for a fee to interested individuals and organisations.
Polish medical startups in healthcare
The set of questions for the form was designed to gather the most relevant information about the companies participating in the Report. The creators of the Report identified and attempted to contact over 300 healthcare startups, 144 of which were featured in the Report. Startups at all stages of development, from Proof of Concept to Growth, presented their solutions.
– Transformation only happens in practice if companies can thrive, find target consumers and receive sufficient financial and professional support from countries and governments. I am therefore pleased that a report on startups in healthcare entitled “Top Disruptors in Healthcare 2022” is being released – points out in the Report Dr Bertalan Mesko, Director of The Medical Futurist Institute.
– Medical startups are growing into a showcase of the Polish economy and an integral part of our healthcare system. This is why, for the third time, PZU Zdrowie is proud to be a patron of the “Top Disruptors in Healthcare” report. The development of this publication shows how the medtech market is growing year by year with new players and successful implementations. From a healthcare provider’s perspective, those solutions that can streamline the work of medical staff and increase the availability of care, as well as support a positive patient experience, are particularly interesting, notes Agnieszka Karbowiak, Member of the Board of PZU Zdrowie.
Statistics from the Report
What distinguishes this year’s edition are also the in-depth statistics of the research, taking into account, among others, information on the offered solution, data on the company and the team, current needs of startups, barriers to their development and planned foreign expansion.
– The results of the report confirm our experience from last year’s Google for Startups Accelerator: Europe programme, which was dedicated to startups in the healthtech and wellbeing sectors. During this programme we supported startups in product development, artificial intelligence, business model, foreign market analysis and international expansion. We are happy to observe alumni of our programmes such as Biotts, MedApp or Infermedica successfully entering other markets – says Magdalena Przelaskowska, Senior Startup Partner Manager in Central Europe, Google for Startups.
The research indicates that the target user of the offered product/service is, to a large extent, a doctor or another medical professional (91 startups, 63% of respondents), as well as a healthcare provider (87 startups, 60%) and a patient (85 startups, 59%), which may result from the fact that most respondents aim to establish cooperation with medical facilities – startups indicated that medical facilities are the institutions with which they would most like to establish cooperation. As many as 67.5% of respondents (97 startups) indicated them as a priority for cooperation. Only in second place came investors (85 startups, 59% of respondents).
It should also be noted that there has been a surge in interest in medical solutions based on artificial intelligence and machine learning in recent years. Almost half of the respondents indicated that they are developing their solution in this sector. This is a rapidly advancing development, as can be seen from the data included in the Report for the past three years. Although telemedicine was the most frequently selected answer last year (55%), it has already given way to AI-based solutions this year, which may have been influenced by the relaxation of pandemic restrictions, as well as the growing role of AI in health. The standalone AI application sector has also grown significantly. In 2020 it was indicated by only 12 startups, but just one year later it more than doubled (28 startups, 24%), while in this year’s edition the number rose to as many as 53 startups (37%).
– We are glad that Polish startups are increasingly recognising the potential of the AI/machine learning sector. This is certainly the future of medicine, which will allow even more patients to enjoy a good quality of life for many years. These are solutions that will protect against or delay disease in many people, for example by enabling the first symptoms to be detected many years earlier than is currently the case. Other important tools are those that improve the organisation of the health care system – e.g. e-prescription – point out Hans Sijbesma, Regional Vice President for Central and Eastern Europe and the Baltic States at AstraZeneca and Wiktor Janicki, President of the Management Board of AstraZeneca Pharma Poland.
Speaking of foreign expansion, it should be noted that more than half of the surveyed (52% of startups) are not yet present on foreign markets, but have plans to internationalise their product. It is also positive that 22% of the startups have revenues from foreign markets.
We invite you to read the entire statistical data described in the Report “Top Disruptors in Healthcare”, which is available on the website of the Polish Hospital Federation and under the following link:
https://aiwzdrowiu.pl/wp-content/uploads/2022/06/Raport-Top-Disruptors-in-Healthcare.pdf
Wrocław startups in the list:
- BioCam
- BIOTTS
- Cancer Center
- Feyenally
- Genomtec
- GlucoActive
- Hashiona
- iCast Medical
- Infermedica
- LifeFlow
- medi.com
- MX Labs
Among the world leaders in innovation
The authors of this year’s edition of the Report are the Polish Federation of Hospitals, the Young Medical Managers team, the AI in Health Coalition and the wZdrowiu experts team. The Main Partners of the Report are AstraZeneca, PZU Zdrowie, Google for Startups and OVHcloud. Supporting Partners are DZP and EIT Health.
If you are interested in purchasing an extended version of the Report, please contact Karolina Kornowska: karolina.kornowska@wzdrowiu.com