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Medical Smart Rings Market to reach US$ 1,716.31 Million by 2033, growing at a CAGR of 20.6% | Key Development, Growth & Future Forecast.
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United States: Key Industry Developments:-
✅ December 2025: Soxai Ring 2 launched in Japan but gained attention in the US market for its slim titanium design, Deep Sensing PPG sensor, and 14-day battery life without subscriptions, targeting health-conscious consumers.
✅ May 2025: Samsung showcased the Galaxy Ring, an AI-powered medical smart ring with advanced health tracking, extended battery life, and premium design, enhancing remote patient monitoring capabilities.
✅ March 2025: At CES 2025, Circular unveiled the Ring 2 with FDA-cleared ECG and AFib detection, titanium build, sleep stage analysis, and eight-day battery, while VIV Health introduced the VIV Ring featuring AI-driven generative sleep-aid sounds.
Japan: Key Industry Developments:-
✅ December 2025: Soxai Inc. launched the SOXAI RING 2 on December 10, featuring the patented Deep Sensing PPG sensor for precise health tracking, world's slimmest 6.7mm width, and up to 14 days battery life with no subscription fees.
✅ September 2025: Japan Smart Medical Device Market reported strong growth projections at 19.5% CAGR through 2033, driven by Soxai Ring advancements in sensor tech and demand for subscription-free wearables.
✅ March 2025: CES 2025 announcements influenced Japan's market, with Circular Ring 2's ECG features and VIV Ring's sleep tech aligning with rising adoption of AI-integrated smart rings for preventive healthcare.
2025 M&A Activity:-
June 2025: Samsung Electronics acquired Nimb, a sleep-focused smart ring start-up, to accelerate its wearable ring strategy and expand biometric sensing capabilities in health-oriented wearables.
March 2025: Oura Health announced a strategic co-development partnership with LG Electronics aimed at next-generation biosensor rings for medical-grade sleep and vital-signs monitoring, enhancing medical smart-ring technology for clinical and consumer health applications.
Growth Forecast Projection:
The Medical Smart Rings Market is anticipated to rise at a considerable rate during the forecast period, between 2025 and 2032. In 2024, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
Research Process:
Both primary and secondary data sources have been used in the Medical Smart Rings Market research report. During the research process, a wide range of industry-affecting factors are examined, including governmental regulations, market conditions, competitive levels, historical data, market situation, technological advancements, upcoming developments, in related businesses, as well as market volatility, prospects, potential barriers, and challenges.
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Medical Smart Rings Market Major Players:-
The major global players in the medical smart rings market include Oura Health Oy, Motiv Inc., Wellue, Bodimetrics, Circular, Pi Ring, SLEEPON, Linktop, Sky Labs Inc., and VitalityWatches, among others.
Medical Smart Rings Market Key Developments:-
In January 2025, QALO introduced its latest innovation: the QRNT (pronounced "Current"). QALO now takes a step further by integrating advanced health-tracking technology into its signature silicone material. The QRNT ring is designed to help individuals make meaningful strides toward better health, offering functionality, comfort, and affordability in one accessible product.
In September 2024, Pebble launched its latest wearable, the Iris smart ring, in India at a price of ₹5,999. Featuring a sleek stainless-steel design, the ring offers smart touch controls and a range of health-tracking functions, including body temperature monitoring and heart rate variability. It also supports multiple sports modes and advanced sleep tracking. The Iris smart ring is available exclusively through select channels.
Market segmentation-
By Operating System
Operating system segmentation appears limited in medical smart rings reports, with compatibility noted for Android, iOS, Windows Phone, and others rather than dedicated sizes. No specific market sizes or shares by OS are detailed, though iOS and Android dominate wearables generally due to ecosystem integration, likely mirroring broader smart ring trends without quantified medical-specific splits.
By Technology
Bluetooth-enabled rings lead technology segments, expected to dominate due to reliable connectivity for health data syncing, while NFC-enabled supports payments and access but holds smaller share in medical focus. Health monitoring via Bluetooth drives growth, comprising a major portion aligned with the 55.2% healthcare monitoring product share in 2023, though exact 2025 sizes per technology remain unspecified.
By Application
Health monitoring and fitness/wellness applications command the largest shares, with fitness/wellness at 39.4% and healthcare monitoring at 55.2% of the market in 2023, fueled by real-time vital tracking like heart rate and sleep. Activity tracking, notifications, and others follow but lack isolated sizes; health segments collectively hold over 70% based on trends toward personal wellness
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Q1. How big is the Global Medical Smart Rings market?
The Medical Smart Rings Market reached US$325.45 Million in 2024 and is expected to reach US$1,989.08 Million by 2033
Q2: How fast is the Medical Smart Rings Market growing?
A: The Market is on an impressive growth trajectory, expected to expand at a CAGR of 20.6% from 2025 to 2032
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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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