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Most talked about HealthTechs in Spain

Updated: Jun 24, 2022

You know the saying "Your wealth is in your health"? With the pandemic taking over conversations on a daily basis that makes more sense now than before.

Spain is already considered to be one of the healthiest countries and with all the progress in HealthTech taking place, maybe soon the country will be given a higher wealth ranking as well.

According to a study by the World Economic Forum, Spain will soon overtake Japan in life expectancy rankings:

"The chief explanation for Spain’s pronounced improvement is the country’s Mediterranean diet which helps guard against some of the five biggest early killers of the modern era: obesity, high blood pressure, elevated levels of blood sugar, tobacco use and excessive alcohol consumption."

Is progress in Bioscience the real hero?

The study’s lead author, Dr Kyle Foreman, Director of Data Science at the IHME, says:

"Whether we see significant progress or stagnation depends on how well or poorly health systems address key health drivers", referring to the five major influences on premature mortality mentioned.

So maybe the real explanation can be found in the superior Health Care system in Spain and in the world-leading Research and Development in BioScience backing it up?

Spanish HealthTech startups to follow

What follows is not a Healthtech top list. Rather my own observations of Spanish HealthTech companies which might be interesting for you to know about, as points of reference.

Quibim based in Valencia raised €8m in seed funding led by Amadeus Capital Partners and Adara Ventures. (July 2020).

They develop algorithms that extract data from medical imaging data, such as X-ray and CT scans, to find abnormalities and biomarkers that detect disease early.

Part of the new funding will be used to accelerate the development of a Covid-19 detection algorithm. Founder and CEO Angel Alberich-Bayarri told Sifted that this technique could serve as a vital complement to current testing techniques. He says: