8 Top European Medtech Companies Leading Digital Health in 2025

As we move through 2025, Europe’s digital health and medtech sector continues its rapid evolution. New innovators are emerging alongside established giants, driving solutions that improve patient outcomes, streamline care, and tackle healthcare challenges across the continent. Notably, countries like the Netherlands, Belgium, Switzerland, and the Nordics (Sweden, Finland, Denmark, Norway) are leading big changes in the industry.

According to a report by Grand View Research, the European digital health market is projected to grow at an impressive compound annual growth rate (CAGR) of 22.3% from 2024 to 2030. This impressive growth trajectory is driven by several factors, fueled by chronic disease pressures, workforce shortages, and ageing populations. In this landscape, several companies stand out for their innovation, recent achievements, and impact on healthcare delivery.

Below, we highlight eight leading European medtech companies in digital health for 2025. These companies represent the cutting edge of European health technology, from AI-driven diagnostics to wearable sensors and demonstrate why Europe remains a powerhouse in digital health innovation.

 

The Digital Health Vanguard

Philips (Netherlands) – Philips Health Technology

Focus: Connected care platforms, AI diagnostics, and remote patient monitoring.

Why It’s Notable: Philips is a global medtech leader that continues to push digital health forward through its integrated platforms and AI-enabled solutions. In 2024, Philips expanded its HealthSuite platform with advanced cloud and AI capabilities to enhance treatment management and patient engagement. The company’s innovative OncoSignal technology, which applies machine learning to tumour diagnostics, has shown promising results in clinical trials. Philips also forged strategic partnerships to accelerate innovation – for instance, teaming up with Belgium’s icometrix to integrate AI into MRI scanners. Unveiled at RSNA 2024, icometrix’s quantitative brain scan analysis is now built into Philips’ latest MRI systems, enabling more accurate and personalised neurology diagnoses. These efforts underscore Philips’ commitment to using AI and connected data to support clinicians and improve patient care.

MindMaze (Switzerland) – MindMaze

Focus: Digital neurotherapeutics and virtual reality (VR) rehabilitation for neurological conditions.
Why It’s Notable: MindMaze is a pioneer in using VR and gaming technology to help patients recover brain function after strokes, injuries, and other neurological illnesses. Founded in 2012, this Swiss company has become the global leader in digital neuro-rehabilitation, delivering its therapy platform across 20+ countries to thousands of patients. The company’s innovation and traction have attracted significant investment. In late 2021, MindMaze secured a $125 million financing to accelerate commercialisation of its platform, one of the largest private raises in European digital health. By combining neuroscience with immersive tech, MindMaze is revolutionising stroke and brain injury rehab, offering new hope for faster recovery and improved outcomes in 2025 and beyond.

Onera Health (Netherlands) – OneraHealth.com

Focus: At-home sleep diagnostics and monitoring.
Why It’s Notable: Eindhoven-based Onera Health is transforming sleep medicine with its wearable medical-grade diagnostic patch. The Onera system is essentially a sleep lab in a patch – a small, wireless sensor patch that patients wear overnight at home to monitor sleep quality and body vitals. Onera’s founders ambitiously call their invention “the future of sleep medicine,” aiming to improve sleep health for the estimated 1 in 5 people who struggle with sleep disorders. The startup’s momentum is backed by accolades and funding – €10.5 million raised in Series B funding (2024), a Frost & Sullivan innovation award, two Red Dot design awards, and a European Innovation Council (EIC) grant to scale its solution. With growing recognition, Onera is poised to make home-based sleep testing a new standard in 2025, addressing a critical aspect of health and well-being.

Oura (Finland) – Oura Ring

Focus: Wearable health tracking and consumer wellness technology.
Why It’s Notable: Finland’s Oura's smart ring technology has blazed a trail in the digital health wearables market – a sleek smart ring that monitors a wearer’s vital signs and lifestyle 24/7. The ring’s sensors continuously track metrics like heart rate, body temperature, sleep stages, activity levels, and more, syncing data to a mobile app for real-time health insights. The ability to gather critical health data remotely, outside of clinical settings, is a significant advance – it enables earlier detection of conditions and reduces strain on healthcare systems. With millions of users worldwide and integrations into corporate wellness and research programs, Oura remains one of Europe’s most successful digital health companies. Its comfortable, non-invasive approach to health monitoring exemplifies how wearable medtech is helping people live healthier lives.

Kry (Sweden) – Kry / Livi Telehealth

Focus: Telemedicine platform connecting patients with doctors and clinicians online.
Why It’s Notable: Stockholm-based Kry (known as “Livi” in some markets) is Europe’s leading digital healthcare provider, offering on-demand telehealth services to patients across multiple countries. Through the Kry app, patients can consult with GPs, nurses, or psychologists via video within minutes, receiving advice, diagnoses, and prescriptions digitally. Since its launch, Kry has delivered over 200 million patient interactions, demonstrating the massive demand for virtual care access. Backed by over $700M in funding (valuing the company at $2B+), Kry expanded from Sweden into Norway, the UK, France and beyond. Its growth was catalysed by the pandemic’s shift to remote care, but telehealth remains in high demand post-pandemic. With its huge user base and continual tech enhancements, Kry is a prime example of how Scandinavian healthtech is making quality healthcare more accessible in 2025.

icometrix (Belgium) – icometrix

Focus: Artificial intelligence for medical imaging, specializing in brain MRI and neurological disorders.
Why It’s Notable: Leuven-based icometrix is a shining star in Europe’s health AI scene, turning complex brain scans into actionable insights for doctors. Their icoBrain software uses AI algorithms to quantify abnormalities in brain MRI scans – helping detect and monitor conditions like multiple sclerosis, dementia, stroke, and traumatic brain injury with greater precision. In late 2024, icometrix achieved a major milestone: the U.S. FDA granted clearance for icoBrain AS (ARIA), making it the first AI software approved to detect and grade amyloid-related imaging abnormalities, a crucial safety issue in new Alzheimer’s treatments. This FDA-cleared tool significantly improves radiologists’ accuracy in spotting these abnormalities, enabling safer use of breakthrough Alzheimer’s drugs. Icometrix has also aligned with industry leaders, partnering with Royal Philips to embed its AI into Philips’ MR scanners and cloud platform. Debuted at RSNA 2024, this end-to-end AI solution automates brain scan analysis for conditions like Alzheimer’s and MS, providing more consistent and efficient diagnoses. With such advances, icometrix is helping lead the AI revolution in radiology. Its technology is now being adopted by hospitals and clinical networks worldwide, illustrating how a Belgian medtech company can have a global impact in 2025.

Neko Health (Sweden) – Neko Health

Focus: Preventive health screening via full-body scanning technology.

Why It’s Notable: One of Europe’s most buzzed-about new healthtech ventures, Stockholm-based Neko Health was co-founded by Daniel Ek (of Spotify fame) to reimagine preventive healthcare. Neko has developed a unique full-body scanning system that can non-invasively capture thousands of health data points in minutes, including high-resolution 3D images of the skin, cardiovascular measurements, and metabolic indicators. Since launching in February 2023, Neko Health has completed 10,000+ body scans in its Stockholm and London clinics, with over 100,000 people on its waiting list due to surging demand. This momentum attracted a massive $260 million Series B investment to fuel further expansion across Europe and into the U.S.

Liva Healthcare (Denmark) – Liva Healthcare

Focus: Digital chronic disease prevention and management via health coaching.
Why It’s Notable: Copenhagen-based Liva Healthcare is a leading player in tackling chronic diseases through a scalable digital platform. Liva provides an app-based health coaching program that supports patients in managing conditions like type 2 diabetes, obesity, and heart disease through behavioural lifestyle changes. Liva’s platform is live in multiple countries (UK, Denmark, Sweden, Finland, Belgium, Netherlands, Ireland, and Australia, among others) and is expanding into Germany and Switzerland. In 2024, Liva even acquired a UK digital health company (Momenta) to grow its user base. With its combination of human coaching and a tech platform, Liva demonstrates how digital health coaching can achieve meaningful clinical outcomes at scale, reducing the risk of diabetes and heart disease, and why it’s recognised as a top medtech innovator in 2025.

 

Trends Shaping the Future

Europe’s medtech and digital health ecosystem in 2025 is vibrant and thriving. The companies profiled here – from industry stalwarts like Philips to trailblazing startups like Neko Health are each addressing critical healthcare needs through technology and innovation. Collectively, they are leveraging AI, data analytics, telemedicine, wearables, and other digital tools to transform healthcare delivery: making diagnostics faster and more accurate, care more personalised and accessible, and healthy living more achievable. Notably, the Netherlands, Belgium, Switzerland, and the Nordic countries have fostered particularly strong digital health contenders, reflecting robust support for innovation and a collaborative healthcare culture in these regions.

As the European digital health market continues its double-digit growth, we can expect these companies - and others following in their footsteps to drive further breakthroughs. Whether it’s managing chronic diseases remotely, detecting illnesses earlier, or enhancing treatment with AI insights, Europe’s top medtech firms are shaping the future of healthcare.

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