Selected research
Industry Research
Exercise and Health Monitors Industry Research Report 2026
Market perspective
The global Exercise and Health Monitors market was valued at US$ million in 2025 and is projected to reach US$ million by 2032, implying a CAGR of % over 2026–2032.
The North America market for Exercise and Health Monitors is forecast to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026–2032.
The Europe market for Exercise and Health Monitors is projected to rise from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026–2032.
Read the full market overview
The Asia Pacific market for Exercise and Health Monitors is expected to grow from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026–2032.
Leading global manufacturers of Exercise and Health Monitors include , among others. In 2025, the top three vendors together accounted for approximately % of global revenue.
Report Scope
This report quantifies the global Exercise and Health Monitors market in revenue (US$ million) and, where applicable, sales volume (k units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/k units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Exercise and Health Monitors.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Exercise and Health Monitors Market by Company
Life Sense
Shenzhen Yolanda Technology
Apple
Huawei
Microsoft
Sony
Garmin
Samsung
IBM
Oracle
Facebook, Inc
Xiaomi
BBK
Lenovo
Philips
Polar
Bryton
Wahoo
ALATECH
SUUNTO
FITBOX
Decathlon
EZON
Beijing Calorie Technology
YUNMAI
PICOOC
Exercise and Health Monitors Segment by Type
Base Bluetooth
Base WIFI
Other
Exercise and Health Monitors Segment by Application
General Use
For Senior
For Child
For Medical
Other
Exercise and Health Monitors Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Exercise and Health Monitors market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Exercise and Health Monitors and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Exercise and Health Monitors.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Exercise and Health Monitors manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Exercise and Health Monitors by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Exercise and Health Monitors in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Base Bluetooth
- Base WIFI
- Other
Applications
- General Use
- For Senior
- For Child
- For Medical
- Other
Companies covered
- Life Sense
- Shenzhen Yolanda Technology
- Apple
- Huawei
- Microsoft
- Sony
- Garmin
- Samsung
- IBM
- Oracle
- Facebook, Inc
- Xiaomi
- BBK
- Lenovo
- Philips
- Polar
- Bryton
- Wahoo
- ALATECH
- SUUNTO
- FITBOX
- Decathlon
- EZON
- Beijing Calorie Technology
- YUNMAI
- PICOOC
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Exercise and Health Monitors by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Base Bluetooth
- 2.2.3 Base WIFI
- 2.2.4 Other
- 2.3 Exercise and Health Monitors by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 General Use
- 2.3.3 For Senior
- 2.3.4 For Child
- 2.3.5 For Medical
- 2.3.6 Other
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Exercise and Health Monitors Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Exercise and Health Monitors Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Exercise and Health Monitors Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Exercise and Health Monitors Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Exercise and Health Monitors Production by Manufacturers (2021-2026)
- 3.2 Global Exercise and Health Monitors Production Value by Manufacturers (2021-2026)
- 3.3 Global Exercise and Health Monitors Average Price by Manufacturers (2021-2026)
- 3.4 Global Exercise and Health Monitors Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Exercise and Health Monitors Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Exercise and Health Monitors Manufacturers, Product Type & Application
- 3.7 Global Exercise and Health Monitors Manufacturers Established Date
- 3.8 Global Exercise and Health Monitors Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Life Sense
- 4.1.1 Life Sense Exercise and Health Monitors Company Information
- 4.1.2 Life Sense Exercise and Health Monitors Business Overview
- 4.1.3 Life Sense Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.1.4 Life Sense Product Portfolio
- 4.1.5 Life Sense Recent Developments
- 4.2 Shenzhen Yolanda Technology
- 4.2.1 Shenzhen Yolanda Technology Exercise and Health Monitors Company Information
- 4.2.2 Shenzhen Yolanda Technology Exercise and Health Monitors Business Overview
- 4.2.3 Shenzhen Yolanda Technology Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.2.4 Shenzhen Yolanda Technology Product Portfolio
- 4.2.5 Shenzhen Yolanda Technology Recent Developments
- 4.3 Apple
- 4.3.1 Apple Exercise and Health Monitors Company Information
- 4.3.2 Apple Exercise and Health Monitors Business Overview
- 4.3.3 Apple Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.3.4 Apple Product Portfolio
- 4.3.5 Apple Recent Developments
- 4.4 Huawei
- 4.4.1 Huawei Exercise and Health Monitors Company Information
- 4.4.2 Huawei Exercise and Health Monitors Business Overview
- 4.4.3 Huawei Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.4.4 Huawei Product Portfolio
- 4.4.5 Huawei Recent Developments
- 4.5 Google
- 4.5.1 Google Exercise and Health Monitors Company Information
- 4.5.2 Google Exercise and Health Monitors Business Overview
- 4.5.3 Google Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.5.4 Google Product Portfolio
- 4.5.5 Google Recent Developments
- 4.6 Microsoft
- 4.6.1 Microsoft Exercise and Health Monitors Company Information
- 4.6.2 Microsoft Exercise and Health Monitors Business Overview
- 4.6.3 Microsoft Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.6.4 Microsoft Product Portfolio
- 4.6.5 Microsoft Recent Developments
- 4.7 Sony
- 4.7.1 Sony Exercise and Health Monitors Company Information
- 4.7.2 Sony Exercise and Health Monitors Business Overview
- 4.7.3 Sony Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.7.4 Sony Product Portfolio
- 4.7.5 Sony Recent Developments
- 4.8 Garmin
- 4.8.1 Garmin Exercise and Health Monitors Company Information
- 4.8.2 Garmin Exercise and Health Monitors Business Overview
- 4.8.3 Garmin Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.8.4 Garmin Product Portfolio
- 4.8.5 Garmin Recent Developments
- 4.9 Samsung
- 4.9.1 Samsung Exercise and Health Monitors Company Information
- 4.9.2 Samsung Exercise and Health Monitors Business Overview
- 4.9.3 Samsung Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.9.4 Samsung Product Portfolio
- 4.9.5 Samsung Recent Developments
- 4.10 IBM
- 4.10.1 IBM Exercise and Health Monitors Company Information
- 4.10.2 IBM Exercise and Health Monitors Business Overview
- 4.10.3 IBM Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.10.4 IBM Product Portfolio
- 4.10.5 IBM Recent Developments
- 4.11 Oracle
- 4.11.1 Oracle Exercise and Health Monitors Company Information
- 4.11.2 Oracle Exercise and Health Monitors Business Overview
- 4.11.3 Oracle Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.11.4 Oracle Product Portfolio
- 4.11.5 Oracle Recent Developments
- 4.12 Facebook, Inc
- 4.12.1 Facebook, Inc Exercise and Health Monitors Company Information
- 4.12.2 Facebook, Inc Exercise and Health Monitors Business Overview
- 4.12.3 Facebook, Inc Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.12.4 Facebook, Inc Product Portfolio
- 4.12.5 Facebook, Inc Recent Developments
- 4.13 Xiaomi
- 4.13.1 Xiaomi Exercise and Health Monitors Company Information
- 4.13.2 Xiaomi Exercise and Health Monitors Business Overview
- 4.13.3 Xiaomi Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.13.4 Xiaomi Product Portfolio
- 4.13.5 Xiaomi Recent Developments
- 4.14 BBK
- 4.14.1 BBK Exercise and Health Monitors Company Information
- 4.14.2 BBK Exercise and Health Monitors Business Overview
- 4.14.3 BBK Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.14.4 BBK Product Portfolio
- 4.14.5 BBK Recent Developments
- 4.15 Lenovo
- 4.15.1 Lenovo Exercise and Health Monitors Company Information
- 4.15.2 Lenovo Exercise and Health Monitors Business Overview
- 4.15.3 Lenovo Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.15.4 Lenovo Product Portfolio
- 4.15.5 Lenovo Recent Developments
- 4.16 Philips
- 4.16.1 Philips Exercise and Health Monitors Company Information
- 4.16.2 Philips Exercise and Health Monitors Business Overview
- 4.16.3 Philips Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.16.4 Philips Product Portfolio
- 4.16.5 Philips Recent Developments
- 4.17 Polar
- 4.17.1 Polar Exercise and Health Monitors Company Information
- 4.17.2 Polar Exercise and Health Monitors Business Overview
- 4.17.3 Polar Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.17.4 Polar Product Portfolio
- 4.17.5 Polar Recent Developments
- 4.18 Bryton
- 4.18.1 Bryton Exercise and Health Monitors Company Information
- 4.18.2 Bryton Exercise and Health Monitors Business Overview
- 4.18.3 Bryton Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.18.4 Bryton Product Portfolio
- 4.18.5 Bryton Recent Developments
- 4.19 Wahoo
- 4.19.1 Wahoo Exercise and Health Monitors Company Information
- 4.19.2 Wahoo Exercise and Health Monitors Business Overview
- 4.19.3 Wahoo Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.19.4 Wahoo Product Portfolio
- 4.19.5 Wahoo Recent Developments
- 4.20 ALATECH
- 4.20.1 ALATECH Exercise and Health Monitors Company Information
- 4.20.2 ALATECH Exercise and Health Monitors Business Overview
- 4.20.3 ALATECH Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.20.4 ALATECH Product Portfolio
- 4.20.5 ALATECH Recent Developments
- 4.21 SUUNTO
- 4.21.1 SUUNTO Exercise and Health Monitors Company Information
- 4.21.2 SUUNTO Exercise and Health Monitors Business Overview
- 4.21.3 SUUNTO Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.21.4 SUUNTO Product Portfolio
- 4.21.5 SUUNTO Recent Developments
- 4.22 FITBOX
- 4.22.1 FITBOX Exercise and Health Monitors Company Information
- 4.22.2 FITBOX Exercise and Health Monitors Business Overview
- 4.22.3 FITBOX Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.22.4 FITBOX Product Portfolio
- 4.22.5 FITBOX Recent Developments
- 4.23 Decathlon
- 4.23.1 Decathlon Exercise and Health Monitors Company Information
- 4.23.2 Decathlon Exercise and Health Monitors Business Overview
- 4.23.3 Decathlon Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.23.4 Decathlon Product Portfolio
- 4.23.5 Decathlon Recent Developments
- 4.24 EZON
- 4.24.1 EZON Exercise and Health Monitors Company Information
- 4.24.2 EZON Exercise and Health Monitors Business Overview
- 4.24.3 EZON Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.24.4 EZON Product Portfolio
- 4.24.5 EZON Recent Developments
- 4.25 Beijing Calorie Technology
- 4.25.1 Beijing Calorie Technology Exercise and Health Monitors Company Information
- 4.25.2 Beijing Calorie Technology Exercise and Health Monitors Business Overview
- 4.25.3 Beijing Calorie Technology Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.25.4 Beijing Calorie Technology Product Portfolio
- 4.25.5 Beijing Calorie Technology Recent Developments
- 4.26 YUNMAI
- 4.26.1 YUNMAI Exercise and Health Monitors Company Information
- 4.26.2 YUNMAI Exercise and Health Monitors Business Overview
- 4.26.3 YUNMAI Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.26.4 YUNMAI Product Portfolio
- 4.26.5 YUNMAI Recent Developments
- 4.27 PICOOC
- 4.27.1 PICOOC Exercise and Health Monitors Company Information
- 4.27.2 PICOOC Exercise and Health Monitors Business Overview
- 4.27.3 PICOOC Exercise and Health Monitors Production, Value and Gross Margin (2021-2026)
- 4.27.4 PICOOC Product Portfolio
- 4.27.5 PICOOC Recent Developments
5 Global Exercise and Health Monitors Production by Region
- 5.1 Global Exercise and Health Monitors Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Exercise and Health Monitors Production by Region: 2021-2032
- 5.2.1 Global Exercise and Health Monitors Production by Region: 2021-2026
- 5.2.2 Global Exercise and Health Monitors Production Forecast by Region (2027-2032)
- 5.3 Global Exercise and Health Monitors Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Exercise and Health Monitors Production Value by Region: 2021-2032
- 5.4.1 Global Exercise and Health Monitors Production Value by Region: 2021-2026
- 5.4.2 Global Exercise and Health Monitors Production Value Forecast by Region (2027-2032)
- 5.5 Global Exercise and Health Monitors Market Price Analysis by Region (2021-2026)
- 5.6 Global Exercise and Health Monitors Production and Value, YOY Growth
- 5.6.1 North America Exercise and Health Monitors Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Exercise and Health Monitors Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Exercise and Health Monitors Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Exercise and Health Monitors Production Value Estimates and Forecasts (2021-2032)
- 5.6.5 South Korea Exercise and Health Monitors Production Value Estimates and Forecasts (2021-2032)
6 Global Exercise and Health Monitors Consumption by Region
- 6.1 Global Exercise and Health Monitors Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Exercise and Health Monitors Consumption by Region (2021-2032)
- 6.2.1 Global Exercise and Health Monitors Consumption by Region: 2021-2026
- 6.2.2 Global Exercise and Health Monitors Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Exercise and Health Monitors Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Exercise and Health Monitors Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Exercise and Health Monitors Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Exercise and Health Monitors Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Exercise and Health Monitors Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Exercise and Health Monitors Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Exercise and Health Monitors Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Exercise and Health Monitors Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Exercise and Health Monitors Production by Type (2021-2032)
- 7.1.1 Global Exercise and Health Monitors Production by Type (2021-2032) & (k units)
- 7.1.2 Global Exercise and Health Monitors Production Market Share by Type (2021-2032)
- 7.2 Global Exercise and Health Monitors Production Value by Type (2021-2032)
- 7.2.1 Global Exercise and Health Monitors Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Exercise and Health Monitors Production Value Market Share by Type (2021-2032)
- 7.3 Global Exercise and Health Monitors Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Exercise and Health Monitors Production by Application (2021-2032)
- 8.1.1 Global Exercise and Health Monitors Production by Application (2021-2032) & (k units)
- 8.1.2 Global Exercise and Health Monitors Production Market Share by Application (2021-2032)
- 8.2 Global Exercise and Health Monitors Production Value by Application (2021-2032)
- 8.2.1 Global Exercise and Health Monitors Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Exercise and Health Monitors Production Value Market Share by Application (2021-2032)
- 8.3 Global Exercise and Health Monitors Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Exercise and Health Monitors Value Chain Analysis
- 9.1.1 Exercise and Health Monitors Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Exercise and Health Monitors Production Mode & Process
- 9.2 Exercise and Health Monitors Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Exercise and Health Monitors Distributors
- 9.2.3 Exercise and Health Monitors Customers
10 Global Exercise and Health Monitors Analyzing Market Dynamics
- 10.1 Exercise and Health Monitors Industry Trends
- 10.2 Exercise and Health Monitors Industry Drivers
- 10.3 Exercise and Health Monitors Industry Opportunities and Challenges
- 10.4 Exercise and Health Monitors Industry Restraints
11 Report Conclusion
12 Disclaimer
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