Time Selects 'World's Best Health Tech' with 8 Korean Companies?
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- 2025-09-21 07:57:35
- Updated
- 2025-09-21 07:57:35
[Financial News] The American weekly magazine Time has included 8 domestic companies in its first-ever selection of 'World's Best Health Tech Companies' this year.
According to the pharmaceutical and bio industry on the 21st, Time announced on the 18th (local time) that it had selected and disclosed 400 'World's Best Health Tech Companies 2025'.
Time conducted research to identify the most innovative and influential health tech companies worldwide.
Time collaborated with the global data specialist Statista to select the world's best health tech companies, and experts nominated and recommended by Time conducted evaluations.
Analysts from both companies conducted analyses targeting companies providing technologies that significantly impact healthcare to select health tech companies. Companies were ranked based on three criteria: 'financial performance', 'reputation analysis', and 'online engagement'.
Among the 400 selected companies, all 8 were Korean.
In the health information and management sector, Kakao Healthcare, Senacle Soft, and Ezcaretech [099750] were selected, while in the AI and data analysis sector, AITRICS and Medipixel were selected.
Lunit [380550] was selected in the diagnostics sector, Olive Healthcare in the medical devices and wearables sector, and HealthConnect in the telemedicine and treatment sector.
Japanese companies were limited to two, Ubi (diagnostics) and Alm (health information and management), and no Chinese companies were found.
Time reported that companies focusing on AI and data analysis received the highest scores, reflecting the current boom of using health data to improve everything from disease testing to diagnosis and connecting patients to the most appropriate treatments likely to yield the best health outcomes.
Time pointed out that the lowest-ranked field was prevention, noting that even though doctors engage in extensive discussions on preventing chronic diseases like heart disease, diabetes, and obesity, they do not receive compensation at the same rate as for ordering tests or performing procedures.
Time collaborated with the global data specialist Statista to select the world's best health tech companies, and experts nominated and recommended by Time conducted evaluations.
Analysts from both companies conducted analyses targeting companies providing technologies that significantly impact healthcare to select health tech companies. Companies were ranked based on three criteria: 'financial performance', 'reputation analysis', and 'online engagement'.
Among the 400 selected companies, all 8 were Korean.
In the health information and management sector, Kakao Healthcare, Senacle Soft, and Ezcaretech [099750] were selected, while in the AI and data analysis sector, AITRICS and Medipixel were selected.
Lunit [380550] was selected in the diagnostics sector, Olive Healthcare in the medical devices and wearables sector, and HealthConnect in the telemedicine and treatment sector.
Japanese companies were limited to two, Ubi (diagnostics) and Alm (health information and management), and no Chinese companies were found.
Time reported that companies focusing on AI and data analysis received the highest scores, reflecting the current boom of using health data to improve everything from disease testing to diagnosis and connecting patients to the most appropriate treatments likely to yield the best health outcomes.
Time pointed out that the lowest-ranked field was prevention, noting that even though doctors engage in extensive discussions on preventing chronic diseases like heart disease, diabetes, and obesity, they do not receive compensation at the same rate as for ordering tests or performing procedures.
jjw@fnnews.com Jiwoo Jeong