wearables

By Jeff Lagasse September 5, 2017
Swedish outfit Aifloo, which produces a smart wristband powered by artificial intelligence, has raised $6 million (€5.1 million) in new funding, according to TechCrunch. EQT Ventures led the Series A funding round.   Seniors are the target demographic for the wristband, as it’s designed to improve the quality of their lives and make things easier for caregivers. The product is equipped with...
By Jonah Comstock August 31, 2017
IFA, a consumer electronics trade show that rivals CES for scope, begins this week in Berlin, and a number of wearables companies are taking the opportunity to announce next generation devices. At the same time, IDC has come out with its quarterly wearables tracking numbers. IDC reports that wearables shipments grew 10.3 percent year over year, reaching 26.3 million during the second quarter of...
By Jonah Comstock August 17, 2017
UCB, a global pharmaceutical company, is partnering with Belgian American health startup Byteflies to use the startup's wearable sensors to monitor seizures. Byteflies makes a customizable wearable device for the pharma and healthcare industries called Sensor Dot. It's a quarter-sized sensor that can be worn around the wrist or attached anywhere on the body as a patch. It's capable of measuring ...
By Jeff Lagasse August 17, 2017
The wearables market continues to generate a lot of attention, both positive and negative. Fitness trackers and smartwatches remain the flag bearers of the wearable market, seeing growth but at a slower pace than has been estimated, according to a new report from Tractica.   Meanwhile, other wearable device categories such as body sensors continue to show strong promise, driven largely by...
By Jonah Comstock August 2, 2017
Fruit Street Health, a digital health and telemedicine company currently focused on delivering a digital diabetes prevention program, has raised $3 million in new funding from physician investors. Dr. Jeremy Tucker, a senior emergency medicine physician on the board of directors of Fruit Street, led the round, which brings the company's total funding to $8.4 million. Raising money from physicians...
By Heather Mack June 29, 2017
Life sciences consulting firm Parexel is teaming up with Sanofi to research the role of wearables in clinical trials. While sensor-enabled devices have increasingly featured in a variety of research projects and studies, their efficacy and accuracy remains a point of debate, and Parexel and Sanofi hope to investigate that question. Together, Sanofi and Parexel are leveraging their respective...
By Heather Mack June 22, 2017
For all the debate over the staying power of wearables – with some writing them off as a fad inevitably headed towards obsolescence like countless other types of consumer technology – the market doesn’t seem to line up with those concerns. According to the International Data Corporation’s last check, the demand for wearables is actually expected to grow. In 2017, the IDC estimates vendors will...
By Jonah Comstock June 21, 2017
In the connected health space, hardware is becoming less and less important as sensors become commodified, according to two panelists at HXRefactored, a conference held in Boston this week. Instead, companies should focus on software, user experience, algorithms, and data analysis. “Dare to be a software company,” Propeller Health CTO Greg Tracy said, offering advice to other startups. “At the...
By Jonah Comstock June 2, 2017
A new, extensive report from Ericsson predicts that 5G connectivity will be increasingly important in healthcare as patients start to demand more connected care through wearables, apps, and telehealth. The report represents the results of two surveys carried out in Germany, Japan, South Korea, the UK and the US. The first was a survey of 4,500 advanced smartphone users. The sample is not...
By Heather Mack May 11, 2017
Fitbit’s activity-tracking wearables may be a common features of many corporate wellness programs – their products are currently in use by over 1,300 companies – but all those step challenges and healthy lifestyle motivators aimed at lowering healthcare costs still only make up about 10 percent of the company’s revenue. So, in order to best position their enterprise strategy, Fitbit is merging...