, /PRNewswire/ -- Digital technology is playing a transformative role in our everyday life, shaping not only how we interact with the world around us and but also ourselves. The impact of this trend is most prevalent when examining the wellness landscape, where consumers continue to embrace technologies such as wearable, AI, and other digital technologies to improve their health and everyday life. According to the latest study by McKinsey, the global wellness market is estimated to be worth by 2024, with the U.
S market alone will reach this year, growing at 5~10 percent per year. The key trends that will define this wellness markets include digital health, next gen wearable technologies and Gen AI. To cater to this growing market, SINBON and MAKALOT partner to bring the benefits of textile wearables to industries worldwide.
SINBON and MAKALOT's unique Soft Electronics/Textile product creation platform provides a comprehensive development, validation to production service for brands aiming to launch textile wearable products into global markets. As a first step, the companies have collaborated with a U.S fitness tech startup to introduce a revolutionary EMS home fitness suit to the US market this year.
Going forward, SINBON and MAKALOT plan to leverage the Soft Electronics/Textile product creation platform to expand their services to partners across multiple industries including Medical, Industrials and Consumers. A critical pain point for any ambitious company that wants to l.
