Future Unicorns in Healthtech

This report analyzes the top 50 Healthtech startups from the “the publisher Startup Scorecard” that has the potential to become unicorns (valuation more than US$1bn) based on the the publisher’s Unicorn Prediction Model. The model is based on a proprietary machine learning (ML) algorithm which analyzes millions of data points related to venture capital (VC) investment activity for startups and can predict future unicorns.

Healthcare startups are constantly seeking to embrace emerging technologies to remain competitive, as technological uptake brings a broad range of benefits, such as improved efficiency, increased customer engagement, and enhanced long-term resilience to potential changes in business conditions. Ranging from geonomics to precision and personalized medicine or from digital therapeutics to coordinated healthcare, startups aim to disrupt healthcare using modern technologies and investors’ focus also remain high on tech-driven healthcare. Amid the challenges of 2020, COVID-19 has certainly triggered massive disruption in the healthcare industry and forced many healthcare businesses to implement emerging technologies to ensure business continuity. A whole raft of innovative Healthtech startups with cutting-edge expertise spanning sectors are predicted to become tomorrow’s unicorns.

The report highlights potential unicorns in the Healthtech market ecosystem and covers insights on VC investments, stage of startups, Healthtech regional investment activity, job analytics, company filing trends, and patenting activity. Comprehensive view on innovative Healthtech startups with cutting-edge expertise spanning across sectors are predicted to become tomorrow’s unicorns.

Scope

• Based on the publisher’s proprietary ranking of 10,000 top startups, 120 Healthtech startups globally are shortlisted, of which 50 startups are predicted to become future unicorns based on the publisher’s proprietary Machine Learning Model. The 10,000 top startups are spread over 70 countries with the US accounting for half of them, followed by China. Critical sectors in the startup universe include TMT (55%), Pharmaceuticals and Healthcare (11%), Financial Services (7%), and Retailing (4%), followed by other sectors.
• Predicting Future Healthtech Unicorns by combining Startup Scorecard and Machine Learning model using 3 broad Patenting, Hiring and Investments trends in Healthtech Startups over the years. Unicorn Prediction came out to be true in recent years.

Reasons to Buy

• The publisher's Potential Unicorns list offers early predictive intelligence and enables to spot tomorrow's winners today. The model identifies venture funded companies which have the potential to become unicorns (a valuation of at least $1 billion) driven by the publisher's proprietary machine learning algorithm which decodes millions of interactions between key deal attributes.