The Europe Health Tech 200 is HolonIQ’s annual list of the most promising startups from across digital health, biotech, medtech and other areas where entrepreneurs are driving healthcare innovation.
Startups focused on developing business models based around Research make up over a quarter of the Europe Health Tech 200, reflecting the region’s historic strength in clinical discovery and intellectual property development - but also the burgeoning biotech community in Europe. Other areas of the market are well represented with a new wave of startups focused on prevention and early diagnosis attracting capital and entrepreneurial zeal. European governments’ response to the Covid-19 pandemic has driven startup activity across the board with Europe’s Health Tech ecosystem increasingly active since the start of 2020.
Exhibit 1
Download the Market Map. Companies are categorized by their main area of focus following the globalhealthcarelandscape.org. Categories in the market map are not mutually exclusive.
Europe’s diverse and balanced Health Tech startup ecosystem shows the region’s strengths.
The 2022 Europe 200 is mapped to the HolonIQ Global Healthcare Landscape, an open-source taxonomy for the future of health and wellness.
By viewing the 2022 cohort against the taxonomy’s ‘clusters’ we are able to better understand where the attention of entrepreneurs and investors in the market is being concentrated. The scale of the region’s Research and Health Discovery community is clear to see but areas such as Genomics, Bookings & Referrals and Remote Monitoring are also clusters with significant activity over the past 12 months. Indeed, despite a cooling a market there are a number of European health startups that have raised significant sums in the past year, including Doctolib (appointment management system); Kry (European-wide telehealth platform); Cera Care (home health staffing business); Alan (health insurance disruptor) and Patronus Group (Developer of a smart home emergency device).
Exhibit 2
