Medical device giant Covidien has acquired sports and medical wearables company Zephyr Technology, MobiHealthNews has learned. The company has raised more than $13 million since its founding in 2003 -- back when health-sensing wearables were a relative rarity. Zephyr's investors included 3M New Ventures, Alsop Louie Partners and Motorola Solutions Venture Capital.
Neither Covidien nor Zephyr has...
Last month Germany-based research firm Research2Guidance predicted that the overall, worldwide mobile health market would generate about $26 billion in revenues by 2017, but this month it broke out a 2017 revenue prediction for mobile health sensors that connect to a mobile health app: $5.6 billion. The firm believes that this segment of the market will grow at a compound annual growth rate of 69...
