Finland has long been celebrated for its world-class education system, technological prowess, and high quality of life — but it is now carving out a powerful identity in the global MedTech landscape. With a healthcare system consistently ranked among the best in the world and a deeply ingrained culture of innovation, Finland is proving to be fertile ground for medical technology startups that are pushing the boundaries of what is possible in modern healthcare.
Is MedTech Growing in Finland?
Indeed, the MedTech and broader health technology sectors in Finland are not just expanding; they have developed into a mature industry with global significance. By early 2026, it was regarded as the largest high-tech export industry in the country, having experienced steady growth over several decades.
Why is Finland Emerging as a MedTech Powerhouse
Finland is set to become a leading MedTech powerhouse, driven by its mature, data-rich ecosystem that combines world-class ICT expertise with advanced healthcare infrastructure. Key factors include fully digitalised health records, groundbreaking AI/IoT integration, and robust cooperation between public and private sectors, which expedite the creation of globally scalable solutions in diagnostics and telemedicine.
Challenges Facing MedTech Startups in Finland
In Finland, MedTech startups encounter a multifaceted environment marked by considerable innovative potential yet substantial obstacles in areas such as commercialisation, funding, and regulation. Although the country boasts a robust, technology-oriented ecosystem, startups frequently find it challenging to connect research with market application and to secure growth-stage funding.
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Top MedTech Startups in Finland to Watch
Finland is quickly becoming a hotspot for MedTech startups. Of the many startups in Finland, here are the top ones to watch:
1. HammTek
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The shortage of healthcare workers, the ageing population, and the high costs of dental care are contributing to a widening gap in the diagnosis of oral diseases. Conventional approaches incur high costs and necessitate frequent in-person visits that are often inconvenient. The HammTek device and AI-powered applications provide a convenient and easy-to-use oral health monitoring system for non-professionals, streamlining the process of oral health check-ups to be quick, straightforward, and affordable.
2. Sonai
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SONAI provides immediate, detailed insights into heart health. It utilises a new ultrasound technique along with heart sound analysis, ECG, motion sensing, and AI. SONAI enhances the efficiency of cardiac evaluation and monitoring. By speeding up detection and aiding more knowledgeable referrals, it cuts costs and enhances patient outcomes.
3. LED Tailor
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LED Tailor designs and manufactures disinfection technology that utilises natural blue light and automation. The technology does not use UV light and is safe for individuals and materials. Their technology is aimed at crucial areas where hygiene standards are exceptionally stringent. Ranging from basic facilities such as airport washrooms/toilets or the plane’s lavatory to Hospital Operating and clean rooms.
4. Maculaser
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The innovative retinal treatment from Maculaser stimulates the natural healing response of senescent cells through individualised heat exposure. We provide a patient-tailored, non-invasive remedy for retinal disorders that impact millions globally, with a focus on preventing disease.
5. Lean Entries
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Lean Entries focuses on converting regulations and other intricate details into tiny digital runways and immediate actionable insights for novices, beginning with the highly regulated health tech sector and advancing into the interconnected digital and data industries, including AI.