This year, TIME has published its first ranking of the World’s Top HealthTech Companies, in partnership with Statista, a leading international provider of market and consumer data and rankings. The ranking aims to highlight health tech companies that drive innovation, enhance accessibility, and contribute to a more effective and sustainable health care system. Here’s how the companies were selected.

Methodology

The research project “World’s Top HealthTech Companies 2025” is a comprehensive international analysis conducted to identify the most innovative and impactful health technology companies across the globe. The study is based on three key evaluation pillars:

• Financial Performance
• Reputation Analysis
• Online Engagement

The first dimension, Financial Performance, was assessed through a detailed analysis of financial metrics, such as revenue per employee and funding amount. These metrics provided insight into the financial stability, growth potential, and operational efficiency of the companies. This dimension accounted for 50% of the total score.

The second dimension, Reputation Analysis, evaluated how companies and their digital health solutions are publicly perceived. Using social listening techniques, the analysis captured sentiment, visibility, and perceived credibility by examining publicly available content, such as news coverage, blogs, forums, and social media activity. This dimension contributed 30% to the total score.

The third dimension, Online Engagement, measured the reach and engagement levels of companies through their digital platforms. Website traffic served as the key indicator of user engagement. This dimension made up 20% of the overall score.

Once the data was collected and evaluated, it was consolidated and weighted in a scoring model based on the three dimensions. The final score was calculated from these dimensions, each contributing according to its respective weighting to the overall score. The 400 companies with the highest scores were recognized as the World’s Top HealthTech Companies.

Additionally, each company was categorized into one of the following six HealthTech market segments:

AI & Data Analytics – Companies leveraging artificial intelligence, automation, and data-driven technologies to enhance diagnostic accuracy, personalize treatment plans, streamline administrative processes, and derive insights from health-related data.

Diagnostics – Companies offering digital solutions for medical assessment and early disease detection, including advanced imaging and monitoring technologies.

Medical Devices & Wearables – Developers of connected medical devices and wearable technologies that monitor, track, and manage health parameters in real time, supporting proactive and continuous care for patients and consumers.