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.
The report was last updated in January, 2025.
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. Additionally, AI-powered health monitoring, smart fabrics, e-textilesm, etc are a few more rising trends.
- Wearable Technology Industry Statistics: The global wearable technology industry encompasses 97 000+ 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 10 000+ wearable technology companies in the past five years. The wearable technology market is set to reach USD 1695 billion by 2032 at a compound annual growth rate (CAGR) of 34.6%.
- 10 Top Wearable Technology Companies to Watch:
- Aspect – Continuous Glucose Monitoring
- optohive – Wearable Brain Imaging
- NNOXX – Nitric Oxide Measurement
- WearIntels – Stock Tracking Glove
- Ohmic – Sensorless Hearable
- Husky Sense – Advanced Motion Capture
- Lifekey – Smart Straps & Pet Tags
- BackAware Belt – Back Position Optimization System
- Sensio – Smart Ring for Health Monitoring
- AniML – Animal Health Monitoring
Meet 10 out of 10 000+ 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. Aspect
- Founding Year: 2021
- Employee Range: 11-50
- Location: USA
- Signal Strength: Strong
Aspect builds wearable glucose monitoring equipment suitable for weight loss management, PCOS management, 21-day check-up, and women’s health plans. The equipment is linked to the Aspect App, which provides reports on progression, enables communication with the coaches, and manages daily symptoms and logs.
The wearable equipment comes with AI technology that analyzes the data collected on it. The data is used to further correlate between different factors including how a particular diet affects the sleep cycle. Dieticians, nutritionists, and other healthcare professionals use the data to create a customized treatment plan. They combine the data from the glucose monitor with the at-home medical tests, doctor assessments, and wearable equipment to do so.
2. optohive
- Founding Year: 2023
- Employee Range: 2-10
- Location: Switzerland
- Signal Strength: Medium Strong
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
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
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
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.
6. Husky Sense
- Founding Year: 2022
- Employee Range: 2-10
- Location: Latvia
- Signal Strength: Medium
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.
It 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
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. BackAware Belt
- Founding Year: 2020
- Employee Range: 2-10
- Location: Ireland
- Signal Strength: Very Strong
BackAware Belt provides a wearable technology, which offers immediate feedback on the back position. The best uses real-time biofeedback to guide how to sit, lift, and work out. It also comes with an app where the user tracks the current position and corrects it.
The instant feedback reduces the strain on core muscles by suggesting the correct back posture for lifting and other workouts to the user. It additionally ensures less back pain, longer active hours, and minimized expense on treatment. It is suitable for physio and pilates instructors.
9. Sensio
- Founding Year: 2019
- Employee Range: 2-10
- Location: India
- Signal Strength: Very Strong
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
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.
Explore All New Wearable Technology Companies!
This overview highlights just a few wearable solutions from 10 000+ 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.
