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As global demand for healthcare products grows, more and more domestic and foreign investors are putting their money into Swedish medical technology companies.
CEO of Swedish Medtech, Anna Lefevre Skjöldebrand, explained that a unique collaboration between engineers, medical staff and the industry has laid the foundation of some of the country's most successful companies, like Gambro, Elekta and Getinge.
“Interest to invest in med-tech is increasing,” she told The Swedish Wire. “Medical technology companies are considered less risky than biotech companies. There’s also a quicker return of investments.”
What are investors looking for?“Med-tech products have a more narrow target group than other more mainstream products," she said. "Some application areas may be too small to reach a critical mass so investors look for groundbreaking products with an adequate market size.”
Here she ranks five exciting med-tech companies in the Stockholm area:
A grip-strengthening glove was the first product developed by the company, which was founded in 2006 by researchers from the Karolinska Institute and the Royal Institute of Technology in Stockholm. The glove is going to be launched on the European market.
Zenicor Medical Systems AB was founded in 2003 and has grown into one of Sweden's leading medical technology companies in remote cardiac diagnostics. Its main product, Zenicor-EKG, is an easy-to-use and effective method of investigating cardiac arrhythmia.
Adolesco developed a portable gamma camera, that can be brought to a patient's bed for easier diagnosis. It was created by researchers from Karolinska Hospital, Karolinska Institute, Novum and the Royal Institute of Technology in Stockholm.
ObsteCare AB is a provider of medical solutions that improve child delivery care for both the mother and the healthcare provider. Its product, AFL Monitoring System DMS061, is designed to follow progress and show data that may help the user to improve the outcome of delivery during active labor. The company was founded on ground-breaking research at the Karolinska Institute.
Antrad Medical has developed equipment for plasma thawing. With Antrad’s plasma thawing device, a standard package with frozen plasma can be thawed and warmed up in less than 5 minutes.
Swedish Medtech is the Association for Medical Technology in Sweden. Today the organisation has approximately 150 member companies, which represent nearly 90 percent of the total turnover of the medical technology market in Sweden.
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Commissioned advertorial. This article was published in collaboration between Stockholm Business Region and The Swedish Wire.
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Last Updated (Sunday, 19 June 2011 07:56)