Mercom Capital Group September 2, 2021
Wearable Sensors companies have raised $5 billion since 2013
Digital Health Wearables companies raised $675 million in venture capital in the first half of 2021, compared to $321 million in 1H 2020, a 110% increase year-over-year (YoY), according to the latest Mercom Digital Health Funding and M&A Report.
Wearable Sensors companies have raised $5 billion since 2013.
According to the International Data Corporation data, global wearables shipments reached 114.2 million during the second quarter of 2021. Apple once again led the market with a 28.2% share. Among the various wearables’ device types, hearables and smartwatches grew 39% during Q2 2021. Smartwatches priced between $200 and $300 grew 10% in Q2 2021; meanwhile, hearables in the sub $100 space have...
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