Press release
Medical Smart Rings Market is to reach US$ 1,716.31 Million by 2033 - Driven by Remote Patient Monitoring, Wearable Health Technology Adoption, and Real-Time Vital Sign Tracking | DataM Intelligence
Leander, Texas and TOKYO, Japan- Medical Smart Rings Market reached US$ 325.45 Million in 2024 and is expected to reach US$ 1,716.31 Million by 2033, growing at a CAGR of 20.6% during the forecast period 2025-2033.The market is driven by rising health awareness, demand for continuous vital-sign monitoring, and adoption of wearable AI-enabled preventive healthcare solutions
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Industry Latest News 2025:
✅ May 2025, Samsung showcased the Galaxy Ring, an AI-powered medical smart ring combining health features with battery longevity and premium design,.
✅ August 2024, RingConn launched the RingConn Gen 2 Smart Ring on Kickstarter, the world's first smart ring with integrated sleep apnea monitoring, boasting a 10-12 day battery life and comprehensive health monitoring capabilities,
✅ Oura has introduced AI-powered glucose tracking by integrating with Dexcom's Stelo continuous glucose monitor; users can now view glucose data in the Oura app and get AI-driven summaries of trends.
✅ Oura raised $900 million in a funding round, valuing the company at $11 billion; funds will go toward AI algorithm development
✅ Oura is pursuing FDA clearance for a blood pressure feature in its rings.
✅ According to the CEO, Oura aims to evolve its smart ring into a continuous health monitor and AI-powered "doctor in your pocket", going beyond sleep to cardiovascular health, stress, and nutrition.
✅ At CES 2025, Circular launched its next-gen smart ring with ECG and AFib detection, and VIV Health showcased a ring with generative sleep-aid sound technology.
Recent Mergers & Acquisitions
Oura acquired metabolic‐health company Veri in Sept 2024.
Oura acquired Sparta Science to enhance its enterprise data platform in late 2024.
In 2025, several notable mergers and acquisitions occurred in the Medical Smart Rings Market. Major deals include Ultrahuman acquiring LazyCo in April 2022 to enhance metabolic health tracking, and Oura expanding its retail presence by selling on Amazon, indicating ongoing consolidation and market expansion trends.
Market Segmentation Analysis
- By Operating System, smart rings support Android and iOS platforms, enabling seamless integration with popular smartphones for real-time health monitoring and app connectivity. Android and iOS compatible systems dominate, with widespread adoption across consumer and healthcare sectors.
- By Technology, Bluetooth-enabled rings currently lead due to flexible connectivity, real-time health data transfer, sleep/activity monitoring, and smart device alerts; NFC and hybrid-tech smart rings offer secure payments and access control features.
- By Application, health and wellness tracking is the largest segment-over 55% share-supported by features such as sleep analysis, continuous heart rate monitoring, oxygen saturation measurement, and stress management, alongside rising use in telemedicine and remote patient monitoring.
- By End-User, consumers account for the majority share as individuals seek convenient, real-time personal health management. However, the healthcare providers segment is rapidly expanding, driven by needs for remote monitoring, chronic disease management, and telemedicine, as medical professionals utilize smart rings for patient data tracking and health interventions.
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The U.S. medical smart rings market report delivers a detailed analysis with
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Growth Drivers:-
Rising prevalence of chronic diseases, driving demand for continuous health monitoring.
Increasing use of remote patient monitoring and telehealth.
Advances in miniaturized biosensors for multi‐parameter vital‐sign tracking.
Growing consumer focus on preventive healthcare and health data insights.
Integration of AI / predictive analytics to detect health risks early.
Increasing regulatory acceptance of wearable health devices.
Regional Insights:-
- North America led the market in 2023 with about 27% revenue share, driven by advanced technology adoption and large health-conscious population.
- The U.S. holds the largest share in North America with over 90% market dominance due to strong healthcare infrastructure.
- Asia Pacific is the fastest-growing region, fueled by rising health awareness, urbanization, and government digitalization initiatives in countries like China, India, Japan.
Key Trends and Technological Advancements
Increasing integration with digital health ecosystems and remote patient monitoring for chronic disease management.
Advanced biometric sensors measuring heart rate variability, blood oxygen, skin temperature, ECG, and sleep stages in compact designs.
Use of AI and improved algorithms for precise activity tracking and personalized health insights.
Growing adoption of contactless payments and secure access control via NFC/Bluetooth technology.
Focus on non-invasive, continuous health monitoring enhancing preventive care and telemedicine.
Rising emphasis on discreet, stylish design that appeals to consumers and healthcare users.
Expansion of partnerships with healthcare providers for clinical data integration and improved patient engagement.
Enhanced battery life and miniaturization of components improving usability and comfort.
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Key Players:
Oura Health Oy, Motiv Inc., Wellue, Bodimetrics, Circular, Pi Ring, SLEEPON, Linktop, Sky Labs Inc., and VitalityWatches, among others.
Key Highlights
- Ōura Health Oy -Pioneer in health‐tracking smart rings; raised a massive $875 M in Series E (2025) valuing the company at $11 B.
- Oura Ring (e.g., Oura Ring Gen 3 Heritage) - Offers advanced biometric sampling, validated in many studies, and integrates with health platforms.
- Motiv Inc. - Built the first ultra‐light smart ring for fitness, sleep & heart-rate; later acquired by Proxy to leverage digital identity tech.
- BodiMetrics - Makes the circul+ medical-grade smart ring with accurate SpO2 readings across all skin tones; its FDA‐cleared model supports real-time monitoring
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About DataM Intelligence
DataM Intelligence is a renowned provider of market research, delivering deep insightsthrough pricing analysis, market share breakdowns, and competitive intelligence. Thecompany specializes in strategic reports that guide businesses in high-growth sectors suchas nutraceuticals and AI-driven health innovations.
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