The Wearable Wrist Wars Are Heating Up
Latest updates on the health tech space
Step trackers and smartwatches were just the beginning.
The wearable wrist wars are heating up in the trillion-dollar healthcare space.
And Iโm here for it. Wondering who to watch out for? Iโve got you covered:
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Lighter and less bulky than a smartwatch, the Oura Ringโs popularity has skyrocketed in recent years. Newcomers Movano Ring and the French fitness tech company Circular have also launched smart rings catering to women.
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Cipher Skin, UK-based Prevayl, and WHOOP all secured funding for smart sensor technology designed to integrate into sportswear and clothing. Big Tech is also placing bets in the space, with Google debuting Jacquard and Samsung introducing Human Fit.
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UCSD engineers and researchers at Samsungโs Advanced Institute of Technology have developed skin patches designed to collect biometric data like blood pressure, heart rate, and alcohol levels. Biolinq ($100M), BlueSemi ($69M), and GraphWear ($20.5M) have raised millions to develop noninvasive glucose monitors.
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Earlier this year, Mojo Vision raised $45M to bring to market its smart contact lens, marrying augmented reality with wearable tech. Their prototype allows wearers to see real-time data overlaid on their vision. As they race to secure FDA approval, Mojo will have to fend off smart contact competitor InWith Corporation.
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Smartwatches are here to stay, but the rapid development of a new generation of wearables is guaranteed to shake up the healthcare space. Which innovations are you most excited about?