About HealthTech
There are 158K companies in the HealthTech sector across the world, with 27.3K funded companies having collectively raised $392B in venture capital money and private equity. Overall 11.1K of these are Series A+ funded and the sector has seen the creation of 163 Unicorns.
HealthTech sector has seen 5.32K acquisitions and 944 IPOs.
This sector includes companies providing digital health solutions for disease management, diagnosis, treatment etc.
HealthTech sector is also known as Digital Health, e-Health, Health And Wellness Tech, Smart Healthcare, Healthcare Technology or Health Management Technology.
Companies included in HealthTech sector
It includes companies providing both B2B and B2C software, platforms and connected devices for providers, hospitals, consumers, employers, and life science industryCompanies excluded in HealthTech sector
It excludes companies providing drugs, in vitro diagnostic solutions, drug delivery and medical devices that do not rely on digital platformsReports related to HealthTech
Here is a report related to HealthTech sector:
View all reports related to HealthTech. Sign up today!Top Companies in HealthTech
There are more than 158K companies in HealthTech. Tata 1mg is the top HealthTech company globally, ranked using Tracxn Score (what's this?).
Here are 5 of the top HealthTech companies globally:
Company | Description | Location | Founded | Current Stage | Private Funding Raised |
|---|---|---|---|---|---|
Provider of an online pharmacy with doctor listing and teleconsultation services | Delhi (India) | 2015 | Acquired | $231M | |
Cloud-based administrative tool for healthcare providers | Watertown (United States) | 1997 | Acquired | $49.1M | |
AI-based clinical trial management software for researchers | New York City (United States) | 1999 | Acquired | $41.5M | |
Provider of virtual physical therapy and digital pain care solutions | San Francisco (United States) | 2015 | Public | $854M | |
Provider of fitness memberships encompassing group classes, gyms, and at-home workouts | Bengaluru (India) | 2016 | Series G | $714M |
Companies founded year-on-year in the HealthTech sector
3,341 new startups have been founded so far in 2026 in the HealthTech sector. 18,444 HealthTech startups were founded in 2020 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2026 | 3,341 |
2025 | 2,760 |
2024 | 4,078 |
2023 | 5,891 |
2022 | 6,588 |
2021 | 10,196 |
2020 | 18,444 |
2019 | 12,856 |
2018 | 10,427 |
2017 | 8,884 |
Companies founded across countries in the HealthTech sector
United States has 56,953 HealthTech startups, the most by any country, followed by India which has 15,811 startups and United Kingdom which has 12,286.
- Total Number of Companies
Country | No. of companies |
|---|---|
United States | 56,953 |
India | 15,811 |
United Kingdom | 12,286 |
Canada | 6,154 |
Germany | 5,663 |
Australia | 4,350 |
China | 2,959 |
France | 2,814 |
Brazil | 2,317 |
Spain | 2,151 |
Stage-wise distribution of the HealthTech sector
Out of the total 158,216 HealthTech companies, 27,346 have secured funding. Among them, 11,072 have reached Series A or higher, and 8,246 to Series B or beyond.
Founded - 158,216
Funded - 27,346
Series A+ - 11,072
Series B+ - 8,246
Series C+ - 7,204
Company Stage | No. of companies |
|---|---|
Founded | 158,216 |
Funded | 27,346 |
Series A+ | 11,072 |
Series B+ | 8,246 |
Series C+ | 7,204 |
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- 158K+ Total Companies
- $392B+ Total Funding
- 27.3K+ Funded Companies
- 940+ IPOs
- 5.3K+ Acquisitions
- 615+ Reports
Funding Trends in the HealthTech sector
Total funding year-on-year in the HealthTech sector
The HealthTech sector saw a total funding of more than $311B in the last 10 years. The most amount of funding was in 2021 at more than $60B. There has been a total funding of $20.1B in 2026 till date.
- Total Funding
Year | Total Funding |
|---|---|
2026 | $20.1B |
2025 | $31.2B |
2024 | $22.5B |
2023 | $20.8B |
2022 | $36.1B |
2021 | $60B |
2020 | $36.9B |
2019 | $34B |
2018 | $30.5B |
2017 | $18.9B |
Total funding across countries in the HealthTech sector
In the last 10 years, HealthTech startups in United States have recieved the highest funding among all countries - $209B. China follows with $14.1B and United Kingdom with $13.7B.
- Total Funding
Country | Total Funding |
|---|---|
United States | $209B |
China | $14.1B |
United Kingdom | $13.7B |
Canada | $12.1B |
India | $10.1B |
France | $6.13B |
Germany | $4.5B |
Australia | $2.76B |
Japan | $1.42B |
Spain | $1.02B |
Total funding amount raised by stage in the HealthTech sector
Over the last 10 years, the HealthTech sector have seen $16.8B into Seed Stage funding rounds, $100B into Early Stage funding rounds and $119B go into Late Stage funding rounds.
Funding Stage | Total Funding |
|---|---|
Late Stage | $119B |
Early Stage | $100B |
Debt | $29.1B |
Post IPO | $23.2B |
Seed Stage | $16.8B |
Grant | $5.27B |
PE | $4.69B |
ICO | $112M |
Other-Equity | $37.9M |
Recent Funding Rounds in HealthTech
In the year 2026, till September 2026, HealthTech companies have raised $18B in equity funding across 1.01K rounds.
In the same period last year (i.e. till September 2025), HealthTech companies had raised $16.8B across 1.36K rounds.
So, 2026 has seen a 7.13% rise in funding in HealthTech companies as compared to 2025.
Here are some recent, important funding rounds in HealthTech:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Series B | 8599 | Sep 09, 2026 | ||
Seed | 8765 | Sep 09, 2026 | and 4 more | |
Seed | 1304 | Sep 09, 2026 | and 1 more | |
Seed | 1188 | Sep 08, 2026 | ||
Series C | 5241 | Sep 08, 2026 |
Top Investors in HealthTech
HHS is the top investor in HealthTech companies based on number of companies invested.
Here are some top investors in HealthTech:
Investor | Location | Top Portfolio Companies |
|---|---|---|
Washington, DC (United States) | ||
Mountain View (United States) | ||
New York City (United States) | ||
Arlington (United States) |
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M&A activity in HealthTech
In the year 2026, till September 2026, 209 acquisitions happened in HealthTech sector. Last year, in 2025, a total of 365 acquisitions happened in HealthTech sector.
Here are some recent, important acquisitions in HealthTech:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Sep 04, 2026 | ||
Business Acquisition | Sep 03, 2026 | ||
Business Acquisition | Sep 03, 2026 | ||
Business Acquisition | Sep 02, 2026 | ||
Business Acquisition | Sep 02, 2026 |
Acquisition trends in HealthTech
Here are the acquisition trends in HealthTech:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | 209 |
2025 | 365 |
2024 | 364 |
2023 | 380 |
2022 | 521 |
2021 | 686 |
2020 | 436 |
2019 | 434 |
2018 | 384 |
2017 | 386 |
IPOs in HealthTech
In the year 2026, till September 2026, 16 IPOs happened in HealthTech sector.
Here are some recent, important IPOs in HealthTech:
Company | IPO Date | Exchange Symbol |
|---|---|---|
Sep 04, 2026 | Korea Exchange (KRX) | |
Jul 24, 2026 | Taiwan Stock Exchange (TPE) | |
Jul 07, 2026 | Indonesia Stock Exchange (IDX) | |
Jul 06, 2026 | Korea Exchange (KRX) | |
Jun 24, 2026 | Toronto Stock Exchange (TSX) |
Colleges which produce the most HealthTech companies
Companies founded by alumni from top colleges in the HealthTech sector
Most number of HealthTech startups have been founded by alumni from Harvard University, Stanford University and Massachusetts Institute of Technology.
College | No. of companies |
|---|---|
Harvard University | 719 |
Stanford University | 666 |
Massachusetts Institute of Technology | 460 |
University of Pennsylvania | 382 |
University of California (Berkeley) | 326 |
Harvard Business School | 325 |
University of Oxford | 298 |
University of Cambridge | 285 |
Columbia University | 283 |
University of California (Los Angeles) | 261 |
Total funding in companies founded by alumni from top colleges in the the HealthTech sector
In the last 10 years, Harvard University graduates' HealthTech companies have raised the most funding among top colleges. Stanford University alumni are second, and Massachusetts Institute of Technology alumni are third.
College | Total Funding |
|---|---|
Harvard University | $30.2B |
Stanford University | $24.4B |
Massachusetts Institute of Technology | $16.2B |
Harvard Business School | $15.8B |
University of California (Berkeley) | $10.3B |
Columbia University | $10.1B |
Yale University | $9.86B |
University of Pennsylvania | $9.81B |
University of Oxford | $9.46B |
Stanford Business School | $8.94B |
Top News in HealthTech
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Suunto Run 2 Smartwatch Launched with Enhanced Display, Storage, and Offline NavigationNotebookcheck Publishing GmbH•Sep 08, 2026•Suunto
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Suunto Unveils New Smart Heart Rate Belt 2 with Advanced Running MetricsNotebookcheck Publishing GmbH•Sep 08, 2026•Suunto
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Ebix Launches Ebix Meridian, a New Operating Platform for U.S. Financial Advisory FirmsPR Newswire•Sep 08, 2026•Ebix
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FDA Grants Breakthrough Device Designation to Aidoc's AI Tech for Radiology ReportsMedical Product Outsourcing•Sep 04, 2026•AIdoc
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Withings Introduces StethO Sense for AI-Powered Heart and Lung Sound AnalysisPR Newswire•Sep 04, 2026•Withings
