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PLUX recognized as a Major Player in the mHealth Market

by IT on 27-05-2021

A recent report by Global Market Insights Inc. (GMI) recognized PLUX – Wireless Biosignals, S.A. as a major player in the mHealth market on par with Philips, Bayer, Qualcomm and other world-leading established companies. GMI is a global market research firm, offering exhaustive business intelligence and industry research reports specially designed to aid strategic decision-making.

PLUX was co-founded by IT researcher and Professor of the IST Department of Biomedical Engineering Hugo Plácido da Silva, and by IST alumni Hugo Gamboa and Filipe Silva, developing award-winning biosignal acquisition systems applied in thousands of R&D facilities worldwide to boost their work.

According to the latest report, “the mHealth market for the wearable devices segment is predicted to expand at a CAGR of more than 29.4% through 2027, owing to increasing adoption of wearables to control healthcare expenditure, disease-prone population, and rising economic burden of chronic diseases