Ontario's health and fitness wearables sector is heating up along the Toronto-Waterloo Technology Corridor

International investors are taking notice of Canada's health and fitness wearables sector, concentrated along Ontario's Toronto-Waterloo Technology Corridor. According to ReadWrite.com author Donal Power, the area is Canada's own 'Silicon Valley for health and fitness wearables,' and U.S. investors are eager to get in on the action. They're taking advantage of the opportunity to test-drive technologies in Canada before launching them on the much-larger American consumer market while benefiting from a favorable exchange rate.

5 health, fitness and wellness wearables you need to know about

Wearables are no longer synonymous with smart watches and fitness trackers, as aggressive, young companies are pushing the boundary between reality and science fiction. Here are five Ontario-born wearables recently featured by ReadWrite.com.

InteraXon: a wearable that helps you manage stress

InteraXon's Muse is a headband that measures brain signals in a similar way a heart rate monitor senses your heartbeat. Its finely calibrated sensors detect and measure brain activity, helping users manage stress through meditation. Muse has attracted funding from OMERS pension fund and even Ashton Kutcher.

SeeHorse: a health and fitness wearable designed for the equestrian market

In addition to what one would expect from a human's fitness wearable, SeeHorse will tell you how much time your horse spends trotting, galloping, walking and cantering. It also alerts the owner when the horse exceeds certain thresholds for heart rate, respiratory rate or temperature and of course, it enables all of this to be shared via your favourite social media network. Whoa!

Pervasive Dynamics: wearables for stroke and cardiac rehabilitation

Pervasive Dynamics provides cardio-pulmonary and stroke rehabilitation patients with ‘diagnostic-grade information' to monitor fitness levels and warn them in case of a cardiac event. According to its makers, Pervasive Dynamics delivers accuracy comparable to a stress-testing lab.

Myo by Thalmic Labs: a wearable gesture and motion control device

The Myo armband allows you to take control of your digital world from a distance. With Myo, you can browse the web with the flick of a wrist, use gesture control to manipulate your next visual presentation, or operate a drone. According to ReadWrite.com, the Myo has attracted nearly $16 million in funding, with Intel Capital and Spark Capital leading a $14.5 million investment.

Bionik Laboratories' robotic exoskeleton: wearables that restore mobility

Bionik Laboratories creates rehabilitation solutions for individuals with neurological disorders. Through a partnership with IBM, each of its products provides real time feedback to physiotherapists via an analytics cloud network. According to ReadWrite.com, Bionik Laboratories' medical technology has attracted $13 million in funding.

April 29, 2016

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