HomeSweden Startups85 Top Medical Device Startups and Companies in Sweden (2021)

85 Top Medical Device Startups and Companies in Sweden (2021)

This article showcases our top picks for the best Medical Device companies based in Sweden. These startups and companies are taking a variety of approaches to innovating the Medical Device industry, but are all exceptional companies well worth a follow.

We meticulously selected companies ranging from cutting-edge startups to established brands based on their outstanding performance in the following categories:

  • Innovation: Innovative ideas, Innovative route to market, Innovative product
  • Growth: Exceptional growth, Exceptional growth strategy
  • Management and Societal Impact

Top Medical Device Startups in Sweden

Data sourced from Crunchbase and SemRush.

NATURAL CYCLES: A contraceptive app that spearheads the development of digital contraception. They have developed the only digital method of birth control cleared by regulators both in the US and in Europe. Effective, natural, and backed by clinical research – Natural Cycles has been cleared.

GETINGE: Identifies customer issues promotes clinical and economic benefits and follows and supports the customer decision process. They are committed to meeting today’s healthcare challenges together with healthcare providers and being part of improving patients’ lives around the globe.

JOINT ACADEMY: A digital clinic that provides digital treatment for patients with osteoarthritis and chronic joint pain. Was born in 2016 from the initiative of the Joint Association and the PECO Association. European Cooperation Projects which have been engaged for years.

SCIETY: Life science investor syndicate. A leading investment company, committed to supporting the growth of life science companies in the Nordics. They invest alongside Sciety Venture Partners, comprising family offices and private investors, as well as venture capital firms.

FLOW NEUROSCIENCE: A healthcare company. Europe and UK’s only medically approved brain stimulation headset and therapy app home treatment for Major Depressive Disorder (MDD). No chemical substances. No waiting lines. No side effects.

BONESUPPORT: Medical technology company that develops injectable osteoconductive biomaterials for the treatment of fragility fractures. Restoring health to improve the quality of life for patients with bone disorders. Innovative range of radiopaque injectable osteoconductive.

CALLIDITAS THERAPEUTICS: A specialty pharmaceutical company that develops pharmaceutical products in fields of unmet medical needs. Pioneering treatments for rare diseases. They harness scientific & commercial expertise to improve the lives of patients.

AMRA: Measures body fat using magnetic. AMRA originated with precision medicine in mind, understanding that to effectively target our greatest global health challenges, they need a precise, cost-effective way to understand their bodies far beyond what is available today.

DYNAMIC CODE: Driving force is to translate the latest research into products that contribute to increased well-being and better health. Always by their side with meaningful health diagnostics and actionable guidance. HealthTech company that offers diagnostic and health test solutions.

BACTIGUARD: A vision of becoming. Global innovative medtech company with Swedish roots and a purpose to prevent infections. They provide safe, cost-effective, and easy-to-use infection prevention technology and solutions across five therapeutic areas.

EMPOWERED HEALTH: Empowering Patients, Providers, and Payers with digital therapeutics to achieve world class treatment compliance and health outcomes. Superpowering Adherence & Prevention with the tools they need to enable world-class therapy compliance.

OCCLUTECH: A hi-tech company developing cardiac occlusion devices and other vascular implants. Strives to provide the best possible treatment for serious heart conditions through the development and manufacture of minimally invasive cardiac devices. Since the start of Occlutech in 2003.
 

CARE TO TRANSLATE: Develops a digital healthcare translation tool. Communicate in healthcare when interpreters are not present. The app serves as a complement to human interpreters in healthcare and is available 24/7 in your smart device.

AMFERIA: A startup manufacturing medical materials that actively prevents infections. Swedish company that develops and markets new medical devices with emphasis on antibacterial products. The core focus of Amferia is to develop materials that can efficiently kill bacteria.

SCIBASE: A medical technology company that develops devices for detection of malignant melanoma. Leading developer of augmented intelligence-based solutions for skin disorders. A global medical technology company headquartered in Stockholm, Sweden.

EMPE DIAGNOSTICS: Develops diagnostic solutions for infectious diseases with a special focus on antimicrobial resistance. Confirmatory precision diagnostics for tuberculosis (MDR/XDR-TB) within 3 h even at resource-limited labs.

AVIDICARE: Research-based MedTech company that is leading the development of management of airborne bacteria and virus pollution in hospitals. They are your expert partner within infection prevention and removal of airborne contaminants in your medical facilities.

PREDICARE: Develops a decision support system for healthcare, both prehospital and hospital. The company behind RETTS Online their product assists healthcare professionals when they have to make quick and high quality decisions within emergency care.

PROMIMIC: Sweden-based biomaterial company developing an implant surface that accelerates osseointegration. Promimic’s nanotechnology creates a unique bioactive surface on any implant. Surface demonstrated faster and stronger osseointegration in over 30 clinical studies.

PEXA: Develops, produces, and markets a research instrument for studying respiratory diseases. A Swedish award-winning company that develops and delivers a novel solution that address the rising need for biomarker identification and early diagnosis of lung disease.

STAYBLE THERAPEUTICS: Developing a minimally invasive injection-based treatment against chronic low back pain. Clinical stage pharmaceutical company developing the injection treatment STA363 for disc-related chronic low back pain.

ALGODX: Provides precision medicine using evidence-based algorithm diagnostics and AI solutions. They are dedicated to developing and implementing clinically validated ML-based clinical decision support software that save lives and reduce costs in healthcare.

SIGRID THERAPEUTICS: Developing an ingested medical device for lowering blood sugar in prediabetics. They are a consumer healthtech company driven by a world-vision that no one falls sick with chronic lifestyle diseases.

BONEPROX: Test yourself against Boneprox’s osteoporosis. Provides services and products based on AI, machine learning and secure and efficient communication to the dental and health sector. Enabling clinics, dentists and doctors to become more efficient in sending, receiving.

MONIVENT: Offers products that increases patient safety for newborn babies requiring help to start breathing at birth. A young medtech startup based in Gothenburg, Sweden. 3-6% of all newborns require manual ventilation at birth.

MELOQ: A medical device company that has developed the EasyAngle. Meloq is a Swedish medical technology company with a vision to create better health-care by pioneering feedback systems for health-care professionals and patients.

ICONOVO: A Lund, Sweden-based developer of inhalers for drugs that treat conditions such as asthma and COPD. Developing proprietary inhalation products for licensing. They have long experience and track record in the development of dry powder inhalers.

CANTARGIA: Develops a therapy for the treatment of cancer by targeting a unique cell-surface receptor on malignant stem cells. A Swedish listed biotechnology company. Cantargia develops antibody based therapy against the target IL1RAP.

CLINICAL LASERTHERMIA SYSTEMS: Develops and markets the TRANBERG|Thermal Therapy System for heat-induced immunotherapy. Including Thermoguide Workstation and sterile disposables, for minimally invasive laser ablation of soft tissue, cancer tumors and drug-resistant.

NEOSENSE: An innovative start-up company supplying intensive care units for critically ill patients. They are an innovative start-up company supplying intensive care units for critically ill patients with continuous oxygen monitoring systems for improved control and safety.

SCANDINAVAIAN REAL HEART: A medical technology company that develops an artificial heart. Only around 8,000 heart transplants take place annually worldwide and the availability of donated hearts is very limited. With the help of medical technology solutions and innovation.

SENZIME: Develops unique patient-oriented monitoring systems that assess patients’ biochemical and physiological processes. Senzime is a Swedish medical device company that develops, manufactures, and markets CE- and FDA-cleared patient monitoring systems.

XVIVO PERFUSION: Develops optimized solutions for organ, tissue, and cell preservation in connection with transplantation. The first global all organ company Founded in 1998, XVIVO is the only medical technology company dedicated to extending the life of all major organs.

BOULE: A diagnostic company that develops, manufactures and sells systems and consumer products for hematology. Improving health for everyone, everywhere – They develop and manufacture diagnostic instruments and consumables worldwide.

OPTILOGG: Provides the product OPTILOGG, which is a home-based aid for heart disease. OPTILOGG by CareLigo is a medical device with clinically proven efficacy. Increases adherence to prescribed treatment and reduces acute hospitalizations of patients with chronic diseases.

VERIGRAFT: A biotech company that generates personalized tissue-engineered transplants for use in regenerative medicine. The company’s unique technology platform turns donated allogeneic (“foreign”) tissue into an autologous-like (“personalized”) tissue.

MINDMORE: Digitalize is a CE-marked medical device for digital cognitive screening. Cognitive status is an important measure for many patient groups today (mental illness, dementia, stroke, etc). The knowledge of diseases affecting cognition is increasing.

ACOUSORT: Develops, produces and sells standalone laboratory products and integrated OEM solutions. AcouSort develops continuous flow-based microfluidic systems for cell/particle separation, enrichment and handling technology. Automated sample preparation.

AROCELL: Develops and commercializes new and unique biomarker tests that can be used in the prognosis, monitoring, and follow-up of cancer. AroCell a Swedish company develops and markets blood and urine sample tests to support the treatment of various cancers.

CYTACOAT: Developing a new technology of antibacterial coating for medical devices. A unique and universal antimicrobial coating to prevent healthcare associated infections. a private Swedish company located in the Karolinska Institutet Science Park AB in Solna (Stockholm area).

BIBB INSTRUMENTS: Develops an instrument that allows quick and easy sampling of suspected cancer tumors by drilling into the tissue. A Swedish medtech company that develops and markets diagnostic instruments under the brand name EndoDrill® for early detection of cancer tumours.

PRESSCISE: A Swedish start-up, situated in the small village of Herrljunga, Sweden. Based on novel research and cross-disciplinary collaboration between medicine, mathematics and textile technology, they develop innovative compression products for the medicine.

MEDFIELD DIAGNOSTICS: Provides safer diagnostics through microwave technology. Aims to facilitate a device for decision-support to assist in clinical evaluation and triage of suspected intracranial injuries in the acute situation. Develops medical devices based on microwave technology.

JAISY HEALTH: A med-tech company that develops jaundice detection equipment. They have developed a low cost but highly accurate solution for non-invasive jaundice (sv. gulsot) detection and measurement, with the ability to be widely spread and used by any clinic in the world.

MOLNLYCKE: Provider of high-quality healthcare solutions for customers, healthcare professionals and patients worldwide. A world-leading medical solutions company. They design and supply medical solutions to enhance performance in healthcare – from the hospital to the home.

BRAIN STIMULATION: Cause of long-term disability worldwide and the need for effective rehabilitation is massive. Forefront of precision diagnostics and individualised Mixed reality solutions for stroke and neurological rehabilitation.

BONVISI: A proprietary fluid management system for endoscopy. A privately owned Swedish company located in the city of, Stockholm. Bonvisi’s management team has over 50 years of experience from the MedTech industry.

NOSA: World’s first näspropp against bad smells. Every day people are exposed to harmful airborne particles and bad air that affects their daily life in a negative way. Allergic people often suffer quietly in lack of effective protection. Creating a better breathing experience for everyone.

VIBROSENSE DYNAMICS: Develops and markets medical devices for diagnosis of peripheral neuropathy. Manufactures and sells medical devices that support diagnosis of peripheral sensory neuropathy. The company was founded in 2005 with headquarters in Malmö, Sweden.

MENTICE: The leader in virtual reality‐based interventional medical simulation solutions. Our solutions help healthcare professionals acquire, retain, and enhance their procedural skills driving improved productivity and outcomes.

CELLCOMB: Develops and manufactures environmentally friendly laminate products for environments where there are high demands on hygiene, comfort and safety. When it comes to flexibility, know-how and environmental responsibility.

ARJO: Worked in close collaboration with care homes and healthcare professionals, providing a unique understanding. At Arjo, they believe that empowering movement within healthcare environments is essential to quality care. Empowering Movement.

RAYSEARCH: Advancing cancer treatment through pioneering software that driving force for innovation in oncology. Software has unlimited potential, and we believe it is now the driving force for innovation in oncology. Medical science never stands still, and neither does RaySearch.

LUCAS: Developer and manufacturer the LUCAS Chest Compression System. The LUCAS device has been shown to improve quality of chest compressions, increase ETCO2 levels as well as being able to sustain life-saving circulation during prolonged resuscitation attempts.

GALDERMA: The leading company solely dedicated to skin and advancing the future of dermatology. They deliver an innovative, science-based portfolio of sophisticated brands and services across Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology.

ADDVISE: A supplier of equipment to healthcare and research facilities. Leading supplier of equipment to healthcare and research facilities. An expanding group that offers total solutions in products and services to healthcare and research facilities through its subsidiaries.

ETAC: Develops and sells a wide range of functional products designed for people with impaired mobility. Etac is a world-leading developer of innovative assistive devices and patient handling equipment. Since 1973, we have been committed to improving quality of life for the individual.

HERMES MEDICAL SOLUTIONS: A provider of software and scanning devices for molecular imaging and radiology. Established in 1976 in Stockholm, Sweden, Hermes Medical Solutions continuously innovates to enable faster and more personalized diagnosis and therapies.

HANDICARE: Supplies technical aids for the elderly and physically disabled. Trust their ability to secure your mobility Cost-effective solutions to make everyday life easier. Help their staff focus on what they do best
Safe patient handling solutions for the entire continuum of care.

CAMANIO: A welfare technology company that develops products and services with the individual in focus. Camanio was founded in 2016 in Stockholm, Sweden, with the aim to improve care through high-tech solutions. They offer innovative digital services that provide integrity.

CELLAVISION: Digital cell morphology that develops & sells a technology that transforms routine analysis of blood & other body fluids. The products replace manual laboratory work, and support effective workflows and skills development within and between hospitals.

INNOVOSENS: Develops glucose sensing devices for the diabetic. Innovosens envisions better a world where health care professionals and patients can easily sense and access health data more easily with Wearable biosensors and connected health IOT platforms.

WELLSPECT: A health care equipment & services company located in Molndal. This passion drives their search for and pioneering of completely new solutions. It is also the undertone in all their activities, at all levels, internally and externally.

ABILIA: Manufactures and markets aids for persons with disabilities. Abilia gives people with special needs the power to become independent and take control of their daily lives. Based on our more than 40 years’ experience and supported by research evidence.

BRAINCOOL: A medical device company with a focus on medical cooling and temperature management. Innovative medical device company that develops, markets, & sells leading medical cooling systems for indications and areas with significant medical benefits within the healthcare sector.

BIOVICA: Develops and commercializes blood-based biomarker assays that improve monitoring of modern cancer therapies. The company’s DiviTum TKa assay, a test for accurately measuring cell proliferation, has successfully demonstrated its capabilities to early evaluate therapy.

UNIDENT: A distributor of dental consumables and equipment, as well as lab services and dental analytics software, to the Nordic market. Since 1992, we at Unident have developed dental care with innovative solutions, and we intend to continue doing so.

SEDANA MEDICAL: The AnaConDa (Anaesthetic Conserving Device) is an anaesthetic delivery system. Sedana Medical AB (publ) is a pioneer Medtech and pharmaceutical company focused on inhaled sedation to improve the patient’s life during and beyond sedation.

AKADEMIKLINIKEN: A provider of cosmetic and reconstructive surgeries. With extensive experience and a high level of expertise, Akademikliniken offers world-class cosmetic surgery, aesthetic injection treatments and medical skincare.

LINDHE XTEND: Develops and sells user-friendly and flexible prostheses and accessories. Provides innovative and well-designed prosthetics with a vision of giving the user of the prosthetics a life that is as natural as possible. Prosthetics that gives the amputee the opportunity to live a free.

NEOVENTA MEDICAL: Provider of fetal monitoring systems and services intended to improve obstetric care. Their solutions are designed to promote patient safety through enhanced decision support together with a structured workflow. A better start in life.

C-RAD: Provides products for positioning & tracking, with extensive knowledge of the radiotherapy market and its customer requirements. Specializes in providing advanced solutions for precise patient positioning, real-time monitoring, tumor localization, and radiation therapy.

LUMINA ADHESIVES: A unique patented adhesive technology platform that can be used in different products. Providing the market with switchable medical dressings. Minimizing the risk of MARSI and skin damage. They aim to enable painless dressing treatments!

EPISURF: A medical company that focuses on helping people with painful joint injuries have a more active, healthier life through the availability of minimally invasive and personalized treatment alternatives. Truly individualised orthopaedic implants & surgical instruments.

MEDICAL MINDS: Develops medical systems, devices and services for the future of health care. Creates customized e-health solutions. Based on ease of use and patient safety the most modern technology for telemedicine is used in combination with existing healthcare.

CARMEDA: A manufacturer of hemocompatible surface coating for medical devices. Medical coating company, certified to ISO13485. They develop and manufacture biocompatible coating technologies. Save and improve the quality of life for people by providing high-performance coatings.

ALTECO MEDICAL: Developed a new method for treating sepsis. (Blood poisoning). From Lund, Sweden is an ISO 13485-certified medical device company founded in 2002. Their product the Alteco LPS Adsorber removes endotoxin (lipopolysaccharide, LPS) from the patient’s bloodstream.

TENNESSEE MEDICAL INNOVATIONS: Develops, manufactures and markets medical devices within the field of Arthroscopic surgery. Based in Clarksville, TN, TNMI is an innovative medical device company focused on developing, manufacturing, and selling medical devices to hospitals.

SPINCHEM: Used by laboratories in chemical processes to produce and purify substances used in the manufacture of pharmaceuticals. SpinChem provide technology solutions that reshape the way biotechnology and chemical process work is performed.

MEDOW: Develops innovative health care products that bring efficiency, comfort & joy by using design & colour. Founded in 2016 by Frida McCabe and Linn Wrangmark. Their vision is to make innovative health care products that bring joy, efficiency and comfort by using colour and design.

DEEPMED: Their vision is to redefine the use of X-rays in orthopedics by applying artificial intelligence (AI). They work in collaboration with the Karolinska Institute and Danderyd hospital in developing deep learning for the use in x-ray interpretation.

MEDIPLAST: A Swedish company, sells and distributes medical devices, primarily in the Nordic region. Their product range comprises both their own products and products from selected and well-known suppliers, with whom they have exclusive marketing agreements.

ENZYMATICA: A life science company whose business concept is to offer effective help against some of their most common diseases where viruses or bacteria play a decisive role. Over a short period the company has developed a unique oral spray for common colds.

COROVENTIS RESEARCH: A healthcare company focusing on Innovative Cardiovascular Research Tools and Product/Market development. Develops and markets Innovative Products for advanced cardiovascular assessment and research.

TRIDENTIFY: Developed a patented system with latest technology for real-time monitoring and quality assurance of blood bags. At Tridentify – they make unique, real-time, tracking and tracing solutions for the healthcare industry’s needs in the cold supply chain.

By the way: If you’re a corporate or investor looking for exciting startups in a specific market for a potential investment or acquisition, check out our Startup Sourcing Service!

Mark Kendall
Mark Kendall
Mark Kendall was an editorial contributor to BestStartup.eu, a publication which EU-Startups acquired in October of 2023.
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