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Main Article: Medical Wearable Electronics (Global Market)
2025
A smart ring that replaces a computer mouse has entered the market
At the end of October 2025, the presentation of the Prolo Ring smart ring took place. This gadget is conceived as an alternative to a computer mouse. Read more here
Virtual Reality Control Ring Introduced
Japanese scientists from the University of Tokyo have developed the picoRing to control virtual and augmented reality devices. The device lasts more than a month on a single battery charge thanks to ultra-low power consumption of 30-500 microwatts. The development is presented at the ACM Symposium on UIST '25 User Interface Software and Technologies in South Korea in October 2025. Read more here.
2024
Sales of smart rings in the world for the year increased by 13% and reached $3.75 billion
In 2024, the global smart ring market reached $3.75 billion. This is 13% more compared to 2023, when sales of such gadgets were estimated at $3.31 billion. Industry trends are addressed in the Market Research Future survey published in early February 2025.
It is noted that people around the world are paying more and more attention to their health and well-being. Growing concerns about obesity, diabetes and other diseases associated with low-activity lifestyles are driving sales of devices to control metrics such as the number of steps taken and calories spent, quality and duration of sleep, stress levels, etc. Smart rings offer a more compact and convenient alternative to traditional fitness trackers, which leads to increased popularity.
Technological advances are a significant driver of the market in question. Improved sensors expand the functionality of smart rings, allowing them to record indicators such as heart rate, heart rate variability, blood oxygen levels, etc. In addition, improvements in battery life increase the battery life of gadgets on a single charge. Accompanying mobile applications allow you to view the collected information in a convenient form with visual graphs and diagrams, as well as receive recommendations for promoting health, improving sleep quality and general well-being. Data can be promptly sent to the attending physician, who, if dangerous deviations from the norm are detected, will be able to prescribe the necessary treatment. The integration of artificial intelligence provides the ability to deeply analyze indicators and identify hidden trends.
The implementation of government programs aimed at maintaining a healthy lifestyle also contributes to the growth of sales of smart rings. More people regularly exercise, and the number of fitness rooms in the world is growing. Plus, the range of smart rings is expanding, including the emergence of models with stylish designs that can be considered as decoration.
In regional terms, North America was the leader in 2024, where sales of smart rings reached $1.5 billion: the dominance of the region is due to the high level of development of the IT sector, the concentration of many well-known electronics manufacturers and the growing awareness of citizens about health. In Europe, costs are estimated at $1 billion, the Asia-Pacific region provided the same amount. South America brought in $0.15 billion, the Middle East and Africa - approximately $0.1 billion. Significant players in the global market are named:
- Whoop;
- Polar;
- Xiaomi;
- Misfit;
- Garmin;
- Fitbit;
- TomTom;
- Amazfit;
- Suunto;
- Huawei;
- Withings;
- Apple;
- Samsung;
- Honor.
| Increasing sales of smart rings are fuelled by growing awareness of healthy lifestyles among the population and technological advances in wearables. But there are certain deterrents, such as stiff competition and the need for continued innovation. However, opportunities for the development of the segment abound, especially in terms of improving online platforms and customer experience, the study says. |
In general, as noted, the observed trends indicate a steady positive trend. Market Research Future analysts believe that in the future, the CAGR in the market under consideration will be 13.42%. As a result, by 2035, costs on a global scale could increase to $15 billion.[1]
Meizu launches smart ring that monitors blood sugar
At the end of September 2024, the Chinese company Meizu introduced the StarV Ring 2 smart ring with functions for tracking vital signs of the body. The novelty, in particular, is able to determine blood sugar levels and assess the risk of hyperglycemia with an accuracy of 80%. Read more here.
2023
Smart ring designed to control female hormones through sweat
In late November 2023, American researchers at the California Institute of Technology in Pasadena announced the development of a smart ring to monitor the estradiol hormone in human sweat. This non-invasive technology is expected to help track fertility and female health outcomes. Read more here.
Clinics have started using smart rings to continuously monitor blood pressure
On October 17, 2023, South Korean medical technology startup Sky Labs announced the release of a smart ring called CART BP for continuous blood pressure monitoring. This wearable device began to be used by hospitals and clinics across Korea. Read more here.
2022: Smart ring that recognizes arrhythmia and hypoxia released
On December 28, 2022, Movano Health introduced the Evie wearable device, which can replace the traditional fitness tracker. The novelty has expanded functionality in terms of tracking vital signs of the body. Read more here.
2021: Smart ring unveiled showing how lifestyle affects sleep patterns and health
At the end of December 2021, Movano introduced the Movano Ring smart ring, which is designed to help people track chronic diseases at an affordable price and better understand their data. Read more here.

