Most Innovative Medtech Companies in 2021

Fast Company has published its annual list of the World’s Most Innovative Companies. How did your company rank?

MDDI Staff

March 10, 2021

2 Min Read
innovative medtech companies
Image by tiero - Adobe Stock

Several companies in the medtech world were recognized this week in Fast Company's annual list of The World's Most Innovative Companies. The publication ranked 50 companies across all industries, and also ranked the top 10 companies in each sector as well as a few special categories.

Shanghai, China-based Ping An Good Doctor ranked 11th on the overall list, and came in at the top of the list for the healthcare category. Fast Company's editors said they included Ping for "demonstrating how large-scale telehealth services can work." Ping connects patients with online doctors and prescription services and uses artificial intelligence to screen patients in advance of telehealth appointments.

Seoul, South Korea-based Seegene ranked 20th on the overall list, and came in at the top of the list for most innovative Asia-Pacific companies. The publication said it recognized Seegene for "producing a COVID-19 diagnostic test and taking it global, sending more than 55 million test kits to 67 countries."

Auburn, AL-based SiO2 Materials Science landed at number 39 on the overall list, and came in at the top of the list for most innovative manufacturing companies. The company was recognized by Fast Company for "applying an impossibly thin layer of glass to vials in order to deliver COVID-19 vaccines."

Purchase, NY-based Teladoc Health slid into the number 40 spot on the overall list, and came in second for the healthcare category. The publication said it recognized Teladoc Health for "growing to treat patients with diabetes and hypertension via a merger with Livongo." Valued at $18.5 billion, Teladoc's acquisition of Livongo was one of the largest medtech deals of 2020.

In addition to the aforementioned healthcare and manufacturing categories, MD+DI readers may also be interested in checking out Fast Company's ranking of companies in the following categories: augmented reality and virtual reality (specifically number 8, Surgical Theater); biotech; robotics (specifically Corindus at number 5, and Blue Ocean Robotics at number 9); and joint ventures.


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