Finland-based health-tracking ring maker Oura announced it has entered into an agreement to acquire fellow Finnish company Veri, which offers personalized metabolic health programs.
Veri uses the FDA-cleared Abbott FreeStyle Libre 1, 2, and 3 sensors to monitor a user's metabolic health by collecting data from their body. An app enabled by continuous glucose monitors (CGMs) then guides the user...
The mobile application for eye wellness by Singaporean startup Plano has been added to the apps gallery of mobile gadgets and wearables brand of Chinese electronics giant Huawei.
WHY IT MATTERS
The inclusion of Plano's mobile app to Huawei devices comes as part of their partnership to tackle the global issue of myopia or nearsightedness. In a press statement, the startup said its entire ecosystem...
Global shipments for health wearable devices will reach 97.6 million units in 2021, up from 2.5 million in 2016, according to a report from Tractica. The report also predicted that health wearable revenues will reach $17.8 billion yearly at that time.
“The market for healthcare wearables is very much in its infancy, though there is a considerable amount of activity across the healthcare value...
