The Top 10 Hidden Champions in the Digital Neurology Market on R2GConnect

The digital neurology market is innovating the traditional treatment of neurological conditions with medical devices, diagnosis solutions, DTx, and self-management platforms. R2GConnect highlights the hidden champions of the digital neurology segment from its extensive database of over 8,300 digital health companies. Discover the Top 10 and connect on the R2GConnect platform.

Digital neurology offerings are rapidly evolving with innovative solutions and connected devices being introduced to aid in the diagnosis, treatment, and management of various neurological conditions. Consequently, strategic partnerships, different business models, and continuous improvement of the service offerings have a paramount importance to stay ahead of the competition.

In Germany, there are already several digital neurology solutions listed in DiGA for prescriptions. NeuroNation, for example, offers 30 different brain exercises, that can be prescribed for EUR 480 for 90 days in Germany. On the other hand, Limedix’s neolexon aphasia in DiGA, helping people with aphasia and/or speech therapy, charges EUR 223 for 90 days of use in prescriptions. SinCephalea is another DiGA-listed digital therapeutics in Germany, helping people with migraines through nutritional therapies.

This year has seen notable partnerships and acquisitions in the market segment as well. Aptar Digital Health and Biogen agreed to transfer select digital health solutions in immunology and neurology to Aptar. In February 2024, Aptar Digital Health also acquired Healint, along with its digital health services and ownership of MigraineBuddy in neurology.

Migraine treatments in the digital neurology market are also supported by neuromodulation devices. NeuroLief , a CE-Marked DTx provider, announced its expansion to Japan with approval from the Japanese Ministry of Health in January 2024. Theranica is expanding its footprint through agreements with Dr.Reddy’s Laboratories to distribute its Nerivio device for migraines in European and Indian markets.

Among the new service providers, Novartis introduced its health-tracking app Ekiva-MS for multiple sclerosis (MS), launched in Germany in 2023 and co-developed with Dawn Health. Besides its partnership with Aptar Digital Health, Biogen struck another deal with MedRhythms in 2022, to develop and commercialize prescription digital therapeutics for treating gait deficits in MS.

Epilepsy management is space being advanced by digital solutions. Empetica, a key market player, recently launched EpiMonitor, an FDA-cleared service that includes AI-powered forecasting, a wearable seizure detection device, and a patient mobile app.

The renowned digital neurology solution providers with a range of services for specific conditions in the market segment have already gathered significant attention from partners and investors. However, the “hidden champions” of the market segment are still poised for future success, as they continue to innovate and address unmet needs in neurological care.

R2GConnect, hosting over 8,300 companies globally as a digital health partnership builder platform, shares another curated watchlist featuring the Top 10 hidden champions in the digital neurology market.

Driven by AI-powered analysis of R2GConnect’s extensive database on the member companies, the Top 10 hidden champions are selected based on their services and performance across key metrics including Dynamism, Readiness to Execute, and Aspiration.

Dynamism assesses the ongoing growth of the companies since their inception and underlines the sustainability of the businesses, by taking their financial sturdiness into account. Companies like Brightmind.AI, and Five Lives stand out with their continuous growth in this case.

Readiness to Execute evaluates mainly the readiness in scaling up, with comprehensive business and distribution models, experience level and size of its team, and their awareness of the competitive market landscape. MindAhead, Mindr, Knowlepsy, Neuroventis, and Pipra show strong competence in their business strategies and stand out among the competitors.

Lastly, Aspiration takes a look at the value propositions, implementation of new technologies, filed patents, the existence of pilot and clinical studies, and the market sizes of the solutions. MindAhead, Pipra, and BrainTrip are among the high achievers in this part.

This Top 10 hidden champions list presented by R2Gconnect aims to shed light on the new partnership or investment opportunities for the stakeholders in the digital neurology market segment. As the digital neurology market segments grow fast and get crowded with competitive offerings, it becomes crucial to find the service provider that not only meets current needs but also demonstrates the potential for future innovation and impact.

To find out which company best suits your requirements, summarize what you are looking for in a briefing (open call) on R2Gconnect, and tap into the digital neurology solution providers that best fit to your request. Search for the best partners in our growing startup Radar database (8,300+ startups). Find your hidden champion.

Get started and create your first briefing at www.R2GConnect.com or book a demo session at https://www.r2gconnect.com/r2g-demo-booking