Medical device funding is on track to reach $3.5B in 2016, a slight increase over last year’s dollar total. Since 2012, most funding to medical device startups has occurred in the United States, with NEA leading venture capital activity and Johnson & Johnson Innovation leading corporate investment.
We used CB Insights data to identify 72 private medical device companies and mapped them according to the 9 main categories they operate within. While most of the companies work in a single medical specialty such as cardiology or orthopedics, there are many that work across specialties, such as in diagnostics or patient monitoring. In these cases, the company was categorized based on the category that best highlights their main product or service.