Mapping Medical Device Startups Across The Globe

The US accounts for 77% of global medical device deal share while Israel and the United Kingdom are tied for second.

Global funding to private medical device companies rose in 2016, reaching nearly $4B in 2016 across 479 deals. The United States receives a lot of attention when it comes to funding medical device startups, but private companies around the world are raising significant rounds.

For example, this year has seen rounds to Atlas Genetics in the United Kingdom, MedLumics in Spain, and Breath Therapeutics in Germany. In addition, Israel, one of the most active hubs of medical device activity, saw medical technology giant Becton Dickinson take a $250M corporate majority stake in Caesarea Medical Electronics, a manufacturer of infusion and syringe pump systems.

Below, we used CB Insights data to track funding and deal flow to companies operating in the US and internationally. We also created a map showcasing the top 3 most well-funded medical device startups in countries with at least 10 private medical device companies. Scroll down to see the map and a full list of startups included in the graphic.

Map-EA.

By CB Insights

Map Credit: CB Insights | Illustration Credit: Intellijoint Surgical

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About Peter Coffaro 1439 Articles
A growth-driven and strategic executive, Peter Coffaro commands more than 20 years of progressive management success within the medical device industry. As a District Sales Manager for Stryker Orthopaedics, Peter was responsible for managing and directing a regional sales force to achieve sales and profit goals within the Rocky Mountain region. Previously, he was the Director of Sales & Marketing for Amp Orthopedics. In this role, Peter was responsible for planning, developing, and leading all sales and marketing initiatives. Peter is a former orthopedic distributor in the Pacific Northwest. He has also worked with DePuy Orthopaedics as well as Zimmer, and held positions in sales, sales training, and sales management. Peter has an extensive background in organizational development, business development, sales management, negotiating and P&L management. Peter holds a B.S. degree in Biology from Northern Illinois University.

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