Month: September 2025

This year, TIME has published its first ranking of the World’s Top HealthTech Companies, in partnership with Statista, a leading international provider of market and consumer data and rankings. The ranking aims to highlight health tech companies that drive innovation, enhance accessibility, and contribute to a more effective and sustainable health care system. Here’s how the companies were selected.

Methodology

The research project “World’s Top HealthTech Companies 2025” is a comprehensive international analysis conducted to identify the most innovative and impactful health technology companies across the globe. The study is based on three key evaluation pillars:

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• Financial Performance
• Reputation Analysis
• Online Engagement

The first dimension, Financial Performance, was assessed through a detailed analysis of financial metrics, such as revenue per employee and funding amount. These metrics provided insight into the financial stability, growth potential, and operational efficiency of the companies. This dimension accounted for 50% of the total score.

The second dimension, Reputation Analysis, evaluated how companies and their digital health solutions are publicly perceived. Using social listening techniques, the analysis captured sentiment, visibility, and perceived credibility by examining publicly available content, such as news coverage, blogs, forums, and social media activity. This dimension contributed 30% to the total score.

The third dimension, Online Engagement, measured the reach and engagement levels of companies through their digital platforms. Website traffic served as the key indicator of user engagement. This dimension made up 20% of the overall score.

Once the data was collected and evaluated, it was consolidated and weighted in a scoring model based on the three dimensions. The final score was calculated from these dimensions, each contributing according to its respective weighting to the overall score. The 400 companies with the highest scores were recognized as the World’s Top HealthTech Companies.

Additionally, each company was categorized into one of the following six HealthTech market segments:

AI & Data Analytics – Companies leveraging artificial intelligence, automation, and data-driven technologies to enhance diagnostic accuracy, personalize treatment plans, streamline administrative processes, and derive insights from health-related data.

Diagnostics – Companies offering digital solutions for medical assessment and early disease detection, including advanced imaging and monitoring technologies.

Medical Devices & Wearables – Developers of connected medical devices and wearable technologies that monitor, track, and manage health parameters in real time, supporting proactive and continuous care for patients and consumers.

Health Information & Management – Providers of secure digital platforms for the storage, management, and exchange of electronic health records, as well as digital tools that enhance clinical workflows and optimize the delivery of healthcare services.

Prevention – Developers of digital applications that promote health and wellness, such as behavioral change apps, preventive health programs, and coaching solutions.

Telehealth & Treatment – Platforms and technologies that enable remote healthcare delivery and support or provide digital medical treatment interventions. This includes virtual consultations, online patient management tools, and digital therapeutics.

See the full list of the World’s Top HealthTech Companies of 2025 here.

While technology has always played a role in diagnosing and treating disease, the health care industry as a whole has been slower to adopt innovative digital platforms for analyzing data to change how care is delivered.

To determine the world’s top health tech companies in 2025, TIME partnered with Statista to conduct a global analysis of companies delivering the most impactful technologies to improve health. The companies were ranked on three metrics—financial performance, reputation analysis, and online engagement—and classified into categories depending on the service they provide.

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Methodology: How TIME and Statista Determined the World’s Top HealthTech Companies of 2025

Companies focusing on AI & Data Analytics—perhaps unsurprisingly—earned the most high-ranking scores, a reflection of the current boom in using health data to improve everything from screening for disease to diagnostics and matching patients to the right treatments that are most likely to lead to the best health outcomes. Qure AI (marked Very High performance in AI & Data Analytics) was also named a TIME100 Most Influential Company of 2025 earlier this year for its deep-learning technology that can analyze diagnostic imaging and catch issues like cancer and TB early.

Meanwhile, the category with the least highest-ranking companies was Prevention, an area of medicine that experts widely recognize as important for lowering health costs by helping people to avoid disease in the first place. While both private and public insurance providers are required to cover more preventive services, including cancer screenings and immunizations, doctors aren’t rewarded for having the broader discussions about how to prevent chronic diseases, like heart diseases, diabetes, and obesity, at the same rate as they are ordering tests and performing procedures, which could be dampening innovation in the field.

Developing accurate and inexpensive ways to diagnose disease also remains a challenge, although a few standout companies such as Fedo, which uses a selfie to assess certain vital signs, and Canary Speech, which uses a person’s voice to detect various cognitive and behavioral disorders, (both marked Outstanding performance in Diagnostics) are making strides using new AI tools. “Voice is the most complex motor function we produce in the body. It’s very, very rich in information,” Canary’s co-founder and CEO Henry O’Connell said at a conference in 2025. “If there is a defect of some kind, whether it’s a cold or whether it’s a progressive neurological disease, all of them impact on the central nervous system’s ability to control and create language.”

Digital health’s primary benefit will be in empowering patients to both learn more about their health, and also to take action to either avoid or manage conditions better. Companies like Oura (marked Outstanding performance in Medical Devices & Wearables) that produce wearable health devices and telehealth entities continue to find new ways to keep people informed and connect to health care providers, as patients demand the same transparency and depth of information that they enjoy in other parts of their lives—retail and transportation to name a couple—in the way they manage their health.

See the full list of the top health tech companies of the year below.