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Multinational tech startups compete on your finger. As international wearable utilization ticks up, smart ring makers from around the globe are making a dedication. For context: The health tracker market is anticipated to succeed in $162B in 2030 - up from $52B in 2023 - and with remote patient monitoring set to double between 2021 and 2026 to $2.95B, wearable makers are quickly innovating to fulfill rising demand. Apple’s first foray into smartwatches in 2014 might have remodeled the market. However as sensors slimmed, chips shrank and algorithms superior, smart rings - since arriving out there a decade ago - have carved out a class of their own with a much less-obtrusive kind issue. Following the launch of its Gen 3 ring (where it added daytime wellness monitoring to sleep monitoring, plus a month-to-month subscription), a $2.55B valuation and sales of 1M units worldwide, Finnish startup Oura has emerged as market leader.
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