This article showcases our top picks for the best Toronto based Medical Device companies. These startups and companies are taking a variety of approaches to innovating the Medical Device industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
Top Toronto Medical Device Startups
Data sourced from Crunchbase and SemRush.
Titan Medical
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Titan Medical engages in the design and development of SPORT single-port robotic surgical system for minimally invasive surgery (MIS).
Field Trip Health
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Field Trip Health, Inc. providing simple, evidence-based therapies for healing and heightening engagement with the world.
Synaptive Medical
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Synaptive Medical is a medical device manufacturing company that specializes in neurosurgery, medical imaging, and surgical navigation.
Venus Concept
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Venus Concept is a non-invasive medical aesthetics company.
CorVista Health
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CorVista Health uses artificial intelligence to develop a completely new form of medical imaging for coronary artery disease.
Swift Medical
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The world’s most advanced and comprehensive digital wound care.
CleanSlate UV
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CleanSlate UV disinfects phones, tablets & other mobile devices in 30 seconds, preventing the spread of bacteria & keeping devices clean.
PharmaCielo
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PharmaCielo Ltd. is a global company privately held and headquartered in Canada.
ChipCare
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ChipCare develops a hand-held cell analyzer based on mobile technology.
Perimeter Medical Imaging
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Perimeter Medical Imaging is a privately held medical device company.
Bionik Laboratories
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Bionik Laboratories is an innovative medical device and robotics company
EBT Medical
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EBT Medical is a clinical-stage startup developing disruptive neuromodulation therapies for pelvic health disorders.
Cosm Medical
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Digital Urogynecology to commercialize the world’s first Gynethotic for Pelvic Floor Disorders
CellAegis Devices
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CellAegis Devices offers autoRIC, an automated non-invasive device that provides point-of-care delivery of remote ischemic conditioning.
RetiSpec
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RetiSpec is a medical imaging startup developing an eye scanner for early detection of Alzheimer’s Disease pathology.
HelpWear
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HelpWear is a healthcare platform that engages in developing products for medical technology industry.
MIMOSA Diagnostics
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MIMOSA Diagnostics is an connected care platform which allows physicians to remotely monitor and triage patients with diabetic foot ulcers.
Cohesys
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Cohesys develops novel biocompatible adhesives for surgical applications.
Lumira Ventures
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Canada’s leading health care & life sciences venture capital firm with a 30-year reputation building companies across North America.
ClaroNav
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ClaroNav is a medical device hardware and software company that specializes in surgical navigation products.
Able Innovations
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Able Innovations is developing fully automated patient transfer technology to reduce labour and injury costs and improve efficiency.
Forcen
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Forcen improves surgical safety through force-sensing technology.
smartARM
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smartARM is democratizing bionic hands for upper limb amputees by using current advances in artificial intelligence and 3D printing.
Induce Biologics
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Induce is a regenerative medicine company focused on developing devices combining growth factors.
16 Bit
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Augmenting physician diagnostic ability with robust and intelligent medical image analysis systems.
Xpan
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Xpan is developing a less invasive surgical devices for minimal invasive surgeries.
Interface Biologics, Inc.
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Interface Biologics develops transformative biomedical polymer technology to improve the safety and effectiveness of medical devices.
Virtual SurgerySIM Inc.
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Developing a customizable virtual Reality surgical simulator connected to big data.
Acumyn
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Acumyn, a stand-alone commercial spin-off of University Hospital Network, Toronto.
JADE Healthcare Group Inc.
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Intelligent Cloud Computed Health Monitoring
Inolife Sciences
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Inolife is an emerging and ambitious specialty medical device company f
GestSure
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GestSure develops touchless gestural interfaces that allow surgeons and radiologists to control the equipment around them.
Global Transplant Solutions
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The world’s highest quality human organ preservation fluid solutions for human organ transplant and transportation.
Ontario Brain Institute
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OBI promotes the commercialization of early stage neurotechnologies
5Bay.IO
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Digital Pill Dispenser to Improve Medication Adherence
QSun
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QSun is a team of designers, engineers, marketers, and entrepreneurs with a passion for developing and creating a more sun-safe products.
ArthroLense
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ArthroLense is a medical technology firm focused on the development and commercialization of hologram-based surgical navigation systems.
7D Surgical
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7D Surgical is an image-guided surgery system that allows surgeons to perform, cost-effective, and radiation-free spinal navigation.
ClearMRI Solutions
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ClearMRI Solutions provides modern imaging technology solutions for healthcare providers.
Oncoustics AI
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Oncoustics applies AI to raw ultrasound signals for low cost diagnostics and treatment monitoring of structural diseases.
Conavi Medical
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Conavi Medical is a healthcare company focused on providing image guidance technologies for minimally invasive cardiovascular procedures.
BresoTEC
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BresoTec develops and commercializes technologies for the diagnosis and treatment of sleep disorders.
Oxilight
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Oxilight is a medical device company with a vision to improve wound care by bringing to the market innovative wound imaging systems
Lobo Genetics
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Lobo Genetics enables safer cannabis use through DNA testing
bridge7 Oncology
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Bridge7 uses AI to scale clinical expertise digitally to improve the efficiency, consistency and quality of delivering cancer care.
Relay Medical
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Relay Medical is a medical technology company focused on the development of novel medical devices.
Revolve Surgical Inc.
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We’re driven by the belief that surgical robotic technology should be accessible to everyone, everywhere.
AI VALI INC
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Artificial Intelligence Platform Enabling Early Disease Detection & Drug Development
Theralase Technologies
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Theralase Technologies is a biopharmaceutical company
Mednovation HealthTechnologies
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MHT is a health tech startup that aims to disrupt the healthcare industry through health-technology innovation.
MCI The Doctor’s Office
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MCI The Doctor’s Office is a Canadian firm that specializes in helping physicians focus 100% on patient care.
Foot Sensation!
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Foot Sensations is a Canadian provider of comfort shoes and custom orthotics.
Mesosil
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Dental and medical device company developing advanced bioactive materials.
Simulare Medical
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Simulare Medical is a innovative medical training solutions.
MedView Technologies
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MedView is also actively engaged in collaborative & partnership ventures with companies and higher education research institutions.
Shiphrah biomedical
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Shiphrah is a biomedical technology start-up specializing in evidence-based design of medical devices to advance women’s health.
Synakis
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Synakis has created a vitreous substitute to transform the treatment of retinal detachment which use vitreous substitutes.
Kumovate
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Kumovate is a company that makes inflatable, portable leg-lift product for patients with lower limb injuries.
NerveX Neurotechnologies
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NerveX develops intelligent neuromodulation devices to repair and augment the nervous system.
InstaMedic
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InstaMedic is a platform that integrates any medical devices including smartphones used by medical professionals.
Sentinelle Medical
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Sentinelle Medical a diagnostic imaging company, researches, manufactures, and supports magnetic resonance imaging (MRI) technologies.
Bionic-i
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Bionic-i focused on augmenting vision and combating blindness with a surgically implantable device.
Gradient Ascent AI
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Our mission is to empower businesses with Artificial Intelligence
NIR Diagnostics
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NIR Diagnostics Inc. develops and manufactures physiological monitoring and near infrared instruments.
Medonyx
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Medonyx provides infection control solutions to caregivers in several countries.
Superior Medical
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Superior Medical is a healthcare distributor that provides medical equipment.
Alveda Pharmaceuticals
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Alveda Pharmaceuticals engages in sale and distribution of pharmaceuticals and medical devices.