Olympic Tech: This Wearable Device Helps Team USA Stay Healthy

New Wearable Tech Helps You Train Like An Olympian

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New Wearable Tech Helps You Train Like An Olympian

Used by Olympic athletes to ease aches and pains, LumiWave’s infrared light technology is making recovery easier for consumers.

After months of grueling training and trials ahead of the 2016 Olympics, members of Team USA’s vaunted gymnastics teams will use LumiWave, a wearable pain-relief device, to overcome their aches and strains in Brazil.

While various Olympians have used LumiWave since shortly after the 2004 games in Athens, Greece, this year marks the first time that the wearable is available to the public, at a cost of $449.99 for the original version and $579.99 for a 400 LED “double” version. The effort to bring LumiWave from Olympic training centers to American households stretches back more than a decade, company founder Sherry Fox told FOXBusiness.com.

“It was always the intent to get [LumiWave] into the hands of the general public, because I felt it was something that would be useful in every home,” said Fox, who now serves as chairman of the board of LumiWave’s parent company BioCare Systems Inc.

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LumiWave is entering the public marketplace during a period of intense competition in the United States’ booming wearable technology industry, as major players like Under Armour (NYSE:UA) and Nike Inc. (NYSE:NKE) compete against upstarts like Fitbit (NYSE:FIT) for market share. The wearables market will reach $14 billion this year, with sales expected to rise to $34 billion by the year 2034, according to research firm CCS Insight.


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