The increasing prevalence of health disorders such as Alzheimer’s disease and dementia is inducing the geriatric population to prefer the adoption of smart healthcare wearable. This has increased the demand for a smart wearable with smart necklaces as it serves as a GPS tracking device. Additionally, smart necklaces can also be used to trigger alarms and send signals to pre-identified phone numbers in case of emergencies. With the high occurrence of the geriatric population, the demand for smart necklaces will subsequently increase. The report study has analyzed the revenue impact of the COVID-19 pandemic on the sales revenue of market leaders, market followers, and disrupters in the report, and the same is reflected in our analysis.
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