10 New Wearable Technology Companies Enhancing Smart Devices

Gain data-driven insights on wearable technology, an industry consisting of 97K+ organizations worldwide. We have selected 10 standout innovators from 10K+ new wearable technology companies, advancing the industry with non-invasive glucose monitoring, sensorless hearables, stock tracking gloves & more.

This article provides an analytical overview of 10 new wearable technology companies enhancing the field through advanced technological integrations and specialized applications. These companies introduce solutions like non-invasive glucose monitoring devices utilizing advanced photonic sensors for diabetes management, wearable brain imaging systems employing functional near-infrared spectroscopy (fNIRS) for detailed cognitive mapping, and smart stock tracking gloves integrated with RFID technology and internet of things (IoT) frameworks for real-time logistical efficiency.

Further examined are smart tags for exhaustive pet health monitoring through continuous biometric data collection, and sensorless hearables using intricate otoacoustic emission detection for interactive audio experiences. Each featured company is driving significant progress in their respective domains, highlighting the diverse and expanding applications of wearable technologies in healthcare, consumer electronics, and industrial operations.

Continue reading to gain up-to-date and data-driven insights on:

Key Takeaways

Drawing insights from the Big Data & AI-powered StartUs Insights Discovery Platform that provides data on over 4.7+ million emerging companies globally, we explore the evolving landscape of the wearable technology industry. This sector is marked by key trends and a substantial workforce, shaping its future. Here are some key insights at a glance:

  • Latest Wearable Technology Trends: Some of the major wearable technology industry trends include head-mounted displays, GPS trackers, smart clothing, biosensors, and hearables.
  • Wearable Technology Industry Statistics: The global wearable technology industry encompasses 97K+ organizations and has a workforce of 6M people. The industry is growing at an annual rate of 2.77% and has witnessed the emergence of 10K+ wearable technology companies in the past five years.
  • 10 Top Wearable Technology Companies to Watch:
      1. Opuz – Non-invasive Glucose Monitoring
      2. optohive – Wearable Brain Imaging
      3. NNOXX – Nitric Oxide Measurement
      4. WearIntels – Stock Tracking Glove
      5. Ohmic – Sensorless Hearable
      6. Husky Sense – Advanced Motion Capture
      7. Lifekey – Smart Straps & Pet Tags
      8. Eigen – AI-driven Exercise Monitoring
      9. Sensio – Smart Ring for Health Monitoring
      10. AniML – Animal Health Monitoring

Meet 10 out of 10K+ New Wearable Technology Companies

This section reviews the 10 best wearables technology companies, each focusing on specific innovations. They are developing smart rings with integrated sensors for real-time health monitoring, employing functional near-infrared spectroscopy (fNIRS) in wearable brain imaging devices for detailed neural mapping, and utilizing RFID technology in stock tracking gloves for improved inventory management. Additionally, they are innovating in the audio space with sensorless hearables that use bioacoustic sensing for interactive experiences. Read on to discover more such innovations!

Note on Signal Strength
One of the unique metrics we feature for each company is Signal Strength, a proprietary data point generated by our Discovery Platform. It gauges the extent to which a company’s influence has permeated the global ecosystem of startups, scaleups, and emerging companies. This proprietary metric serves as a valuable guidepost for understanding a company’s standing in the broader market landscape.

1. Opuz

  • Founding Year: 2019
  • Employee Range: 2-10
  • Location: Australia
  • Signal Strength: Very Strong
  • What they do: Opuz makes a wearable biosensor that enables non-invasive, continuous blood glucose monitoring, catering to the wellness, sports, and medical sectors. The sensor integrates micro-sensor data fusion technology, allowing for the collection of bio-data without penetrating the skin. It employs a proprietary AI algorithm within an app to translate raw data into personalized blood glucose levels. Opuz is designed in various forms, including rings, wristbands, and patches, ensuring comfort and integration with existing ecosystems like iOS and Android. Beneficiaries include individuals aiming for improved lifestyle management, athletes seeking optimized performance, and patients requiring continuous glucose monitoring.

2. optohive

  • Founding Year: 2023
  • Employee Range: 2-10
  • Location: Switzerland
  • Signal Strength: Medium Strong
  • What they do: optohive enables wearable brain imaging for neuroscience research and clinical applications. Its product leverages functional near-infrared spectroscopy (fNIRS), offering non-invasive, comfortable brain measurements. The system’s modularity ensures a customizable setup from single to full-head coverage. Its integration with silicon photomultipliers (SiPM) allows for enhanced brain recording quality at reduced costs. The companyy benefits researchers, neuroscientists, and clinicians by enabling precise brain function monitoring and contributing to personalized neurotherapy. optohive advances neurorehabilitation and stroke recovery by providing direct assessments of brain recovery.

3. NNOXX

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: USA
  • Signal Strength: Medium
  • What they do: NNOXX develops a fitness measurement wearable, NNOXX One. It utilizes real-time monitoring of muscle oxygen (SmO₂) and nitric oxide (NO) levels, crucial for optimizing exercise performance. The technology incorporates silicon photomultipliers for precise biomarker feedback and integrates with a mobile app for AI-powered coaching. The wearables are designed for various users: NNOXX One for general health and fitness enthusiasts, NNOXX One Elite for high-performance athletes, and NNOXX One Team for sports teams and trainers. The company thus simplifies and enhances training efficiency by providing actionable insights into muscle performance and recovery.

4. WearIntels

  • Founding Year: 2021
  • Employee Range: 2-10
  • Location: Turkiye
  • Signal Strength: Very Strong
  • What they do: WearIntels makes ASTELD Intelligent Stock Tracking Glove, a wearable solution for manufacturing and logistics. This smart glove facilitates hands-free operation, enhancing speed and accuracy in scanning and tracking processes. It incorporates Lo-Ra, Wi-Fi, and BLE for versatile communication capabilities. The glove is equipped with smart sensors for monitoring employee performance and health. By reducing manual scanning time, the glove speeds up production and logistics operations while also significantly reducing errors. Beneficiaries include businesses in the automotive, logistics, aviation, and manufacturing sectors seeking to optimize workflow and enhance employee efficiency.

5. Ohmic

  • Founding Year: 2021
  • Employee Range: 11-50
  • Location: Canada
  • Signal Strength: Very Strong
  • What they do: Ohmic specializes in sensorless biometric signal technology for unique user identification and health monitoring through headphones. Their patented system, integrating AI, ensures high accuracy in heart rate monitoring and enables otoacoustic user identification. Features include tap control for media and wear detection, enhancing user interface with playback applications. The technology supports diverse use cases such as exercise, theft prevention, gaming, wellness, and AR/VR applications. Beneficiaries include consumers seeking feature-rich and less complex biometric monitoring solutions.

 

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6. Husky Sense

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: Latvia
  • Signal Strength: Medium
  • What they do: Husky Sense specializes in smart wearables, focusing on real-time movement analysis and recording. Its product utilizes inertial motion capture technology, integrating accelerometers, gyroscopes, and magnetometers. This offers precise 3D space object tracking, catering to the wearable device sector, including smartwatches and fitness trackers. Husky Sense’s solutions benefit industries requiring detailed motion analysis, such as sports, healthcare, and entertainment.

7. Lifekey

  • Founding Year: 2019
  • Employee Range: 2-10
  • Location: USA
  • Signal Strength: Very Strong
  • What they do: Lifekey offers wearables for personal safety, pet identification, and gear tracking. The products include the Smart Strap and Fabric Smart Patch which use the company’s proprietary Tap technology to provide instant access to vital information through NFC-enabled devices. Additionally, Fetch smart pet tags offer a non-invasive solution to pet identification, storing contact and health data accessible by smartphones. These products benefit individuals seeking enhanced safety measures, pet owners requiring reliable pet ID solutions, and anyone needing secure item tracking without the need for charging.

8. Eigen

  • Founding Year: 2020
  • Employee Range: 2-10
  • Location: Canada
  • Signal Strength: Strong
  • What they do: Eigen provides AI-powered wearable solutions, Nodes for personal workout training. These multi-point motion-tracking devices enhance workout efficiency by monitoring form, assessing injury risk, and measuring performance metrics such as power, velocity, angular, and linear range of motion. The Nodes, when worn during workouts, provide real-time feedback on exercise form and injury alerts through vibration and color changes. This technology is complemented by the company’s app, facilitating a virtual personal training experience with features like program scheduling, coach messaging, and performance reports. Eigen thus benefits individuals seeking detailed insights and guidance on their fitness journey, optimizing safety and effectiveness in personal training.

9. Sensio

  • Founding Year: 2019
  • Employee Range: 2-10
  • Location: India
  • Signal Strength: Very Strong
  • What they do: Sensio manufactures the Orbyt Smart Ring, which is equipped with medical-grade, AI-enabled sensors capable of precise, real-time health monitoring. Key features include activity tracking, sleep monitoring, cardiac health evaluation, and vitals monitoring such as SpO2 levels. The product benefits individuals seeking a convenient approach to monitoring their health and well-being. The Orbyt Smart Ring is thus tailored for users and caregivers aiming for a data-driven approach to health management.

10. AniML

  • Founding Year: 2022
  • Employee Range: 2-10
  • Location: UK
  • Signal Strength: Medium Strong
  • What they do: AniML develops wearable technology specifically for dogs, integrating sensors that continuously measure canine activity, heart, and respiratory rates. This technology employs non-invasive, dog-friendly sensors allowing comfort and continuous wear. The device captures and transmits real-time biometric data, enabling detailed health monitoring and activity tracking. This wearable is engineered to track different canine activities and environments, ensuring reliable data collection for pet owners. It is beneficial for dog owners interested in the health and wellness monitoring of their pets.

Quick Tip to Find New Wearable Technology Companies

Utilizing a SaaS platform like the Discovery Platform for identifying new wearable technology companies provides significant benefits compared to traditional scouting methods:

  • Streamlined Efficiency: The Discovery Platform offers advanced tools that streamline the scouting process. It replaces your hours of conventional desk research, saving time and resources in identifying wearable technology innovations.
  • Access to Real-time Insights: Gain a competitive edge with up-to-date information on the latest trends in the wearables industry. The platform keeps you informed with near real-time updates on emerging wearable technology companies and news, enabling you to make swift and informed decisions.
  • Precise Scouting: Customize your search to focus on specific niches within the wearables sector, such as non-invasive health monitoring, sensorless hearables, or wearables for motion capture. The platform’s diverse filtering options allow you to target your scouting efforts precisely, ensuring that you find the most relevant and groundbreaking companies in the field.

Explore All New Wearable Technology Companies!

This overview highlights just a few wearable technology solutions of all 10K+ new companies currently covered by the Discovery Platform. To explore them all, book a personalized demo or download one of our free Industry Innovation Reports for a quick overview.

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