Finnish medtech and digital-health companies build medical devices, implants and clinical software. The sector ranges from Oura's smart ring to AI-based pathology and radiotherapy software, brain-stimulation systems, bioresorbable implants and cardiac monitoring.
International revenue over EUR 20M and not declining.
Smart ring — sleep/health/HRV biometrics. Valued at about $11B in the 10/2025 Series E; filed for a Nasdaq listing (ticker OURA) in 9/2026, reportedly targeting a valuation above $16B.
Product is being sold.
AI + surface EMG and kinematics for objective measurement of Parkinson's symptoms — helps optimise medication (incl. invisible motor symptoms).
Deep-learning image analysis for pathology — quantifies tissue samples on a cloud platform used in diagnostics and pharma research. Spin-off of FIMM (Institute for Molecular Medicine Finland, University of…
Adaptos® — a bioactive synthetic bone graft substitute the surgeon can cut, shape or squeeze into place, which rigid conventional grafts do not allow. Clinical and veterinary use; collaboration with Mayo…
Bioresorbable orthopaedic implants: the RemeOs™ line of magnesium-alloy and hybrid-composite screws and pins is absorbed and replaced by bone, removing the need for a second removal operation. RemeOs trauma…
Cloud ECG/HRV analytics for remote cardiac monitoring of chronic and post-discharge patients — CE-marked, patented algorithms detecting 19 arrhythmia types, automated clinical reports. Founded 2015 in Ukraine…
Early detection of heart conditions (e.g. atrial fibrillation, coronary artery disease) using smartphone sensors — gyro/seismocardiography.
EEG-based brain-function monitoring (C-Trend) for intensive care — objective assessment of brain state. Univ. of Oulu roots.
cNeuro — clinical decision support for neurodegenerative disease: a cloud platform that combines MRI and PET imaging with CSF biomarkers and neuropsychological test results into one analysis supporting…
Lumoral — patented dual-light antibacterial photodynamic therapy for home use: 810 nm therapy with an indocyanine-green rinse combined with 405 nm antibacterial blue light, targeting pathogenic dental plaque.…
AI for cancer radiotherapy planning — automatic segmentation of target areas and organs (auto-contouring). Voima portfolio.
Nelli® — first automated video- and audio-based epileptic seizure monitoring, at home and in hospital: deep-learning algorithms quantify seizure history for the neurologist. CE Class IIa, FDA 510(k) +…
Navigated transcranial magnetic stimulation (nTMS): the NBS System 6 uses 3D head navigation and E-field modelling to target stimulation to a specific cortical area. FDA-cleared and CE-marked for pre-surgical…
Portable tDCS brain-stimulation devices for treating depression — FDA Breakthrough status.
Surgify Halo™ — a bone-cutting burr that distinguishes hard tissue from soft: it cuts bone at rates comparable to conventional burrs while protecting nerves, blood vessels and central nervous system tissue in…
No sales yet.
AI for vascular imaging — automatic measurement of arteries and aneurysms, e.g. from ultrasound. BF Deep Tech Accelerator.
A patented ACM sensor worn on the chest measures breathing and heart sounds directly — not estimated from another signal. Haptic cues and guided routines support nervous-system regulation. An independent…
COPLA® — a 3D biodegradable scaffold implant that regenerates cartilage in weight-bearing joints, targeting knee pain from cartilage damage and prevention of osteoarthritis. Founded 2017 by Anne Marie…
Cardiac Micrograft Therapy™ — a micrograft made during surgery from the patient's own heart tissue (atrial appendage) to treat ischaemic heart failure. Univ. of Helsinki/HUS spin-out; first clinical uses done…
Needle-free glucose monitoring (Sofio) using magnetohydrodynamics (MHD) — magnetic sampling of dermal interstitial fluid into an electrochemical sensor, ~13× better than reverse iontophoresis. Clinical study…
Real-time heat-stress and dehydration monitoring for people working in extreme conditions (emergency responders, military, mine workers, athletes) — proprietary Human Thermal Model (HTM) algorithm + machine…
Injectable nanocellulose hydrogel made from Finnish birch for treating stress urinary incontinence, delivered with its own application device in a standard cystoscopic procedure. A bio-based alternative to the…
Non-damaging retinal laser therapy with real-time temperature control of the treated tissue, guided by electroretinography. Targets AMD and macular edema; part of the EU Chips JU PhotonMed initiative.
Non-invasive continuous breath analysis: sensors measure exhaled VOC biomarkers, AI compares against a clinically defined disease-profile library → fast, painless diagnostics without a blood test. Formerly…
Physics-based heart-rate-variability and ECG analysis software for wearable devices, built by a Tampere-based team founded in 2024.
Gel-free electrodes for clinical-grade biosignal measurement (EEG/ECG). VTT spin-out (2025).
AI spatial biology for cancer diagnostics: computer vision analyses tumour biopsies → a patient-specific 'cancer fingerprint' predicting treatment response. Validated in 650 patients (Cell paper). Univ. of…
Otoscreen — automated, integrated hearing diagnostics built for primary care, replacing manual audiometry workflows. Aalto University spin-out (2024) out of the Biodesign Finland programme; the founding team…
Tissue spectrometry for real-time monitoring of myocardial oxygenation during open-heart surgery and transplantation — the surgeon sees directly how well the heart is being protected instead of inferring it.…
Visualisation software for microsurgery: combines live video from surgical cameras into a single real-time view, improving visibility, reducing the risk of complications and shortening operating time.…
EPLINEX® — an immunohistochemistry assay for the LIMA1-alpha biomarker combined with AI digipathology, identifying which head and neck squamous cell carcinoma cases are aggressive so that the rest can be…
Wearable health clip (Vire Clip) — body temperature, movement and respiration via heat-flux measurement. LUT spin-off.
Multimodal diagnostic device (Response 1.0) + AI — heart rate, oxygen saturation, blood pressure, ECG, temperature, respiratory rate and heart and lung sounds captured in a single examination. Spun out of a…
University and VTT commercialisation projects — no legal entity or funding round yet. Not a complete national list.
Hybrid MEG (magnetoencephalography) + MRI brain scanner using the same superconducting sensors for both modalities - up to 95% fewer errors and a simpler workflow than two separate studies. 6 patents. Aalto…
Every company is checked by hand against the trade register and its own material, and placed in the one sector that best describes its business or technology. Service firms and consultancies are left out. The full rules are on the landscape ↗