"Smart ring" describes the tinny smart wearable on your finger that can measure your physical activity, track your body data, and analyze your state of health with its accelerometers, gyroscopes, and heart rate monitors. However, do the mentioned basal body data include a comprehensive measuring, tracking, analyzing, and predicting that focuses on women’s health? What if a pregnant lady or individuals who are on their trying-to-conceive journey want to track their physical indicators of pregnancy/or preparation for pregnancy? That’s why the smart ring for women exists.
Market Overview of Smart Ring
As wearable technology grows in popularity, demand for smart rings has surged, which is not surprising given our increasingly digital lifestyles and the desire for discreet and practical ways to stay in touch. In the field of consumer electronics, these small wearables are significantly sought after for their diverse functions, even surpassing traditional jewelry. The growing emphasis on personal health in the smart ring market is a key factor driving its growth. Although smart wearables such as watches, and wristband already achieved their functions in tracking sleep activity basal body data that indicates personal health, the lack of comfort during nighttime and problems like skin impermeability of the wrist sometimes occur. Therefore, smart rings offer the convenience both of tracking indicators and are comfortable for wearing when deep sleeping. All the data discreetly monitoring of important health indicators such as heart rate, sleep quality, and activity levels. As a result, the smart ring market has become a significant area in the field of contactless technology.
1. Smart Ring Market Outlook & Forecast(2023-2032)
According to the research report pressed on Yahoo Finance by DHR, the global smart ring market size was USD 147.1 million in 2022 and the market is anticipated to have a growth from USD 1405.1 million by 2032, exhibiting a CAGR of 25.4% during the forecast period.
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The COVID-19 pandemic in the past 4 years increased people’s awareness of monitoring personal health, and that boosted the smart ring market growth significantly. However, worries like "Does smart ring worth" still exist among people who don’t have much value in having the latest tech because they think these tiny objects are often nice to look at, but buggy until they’re been around for a while. About the worthy discussion, a user from Quora ----- One of the biggest knowledge platforms in America, said “ If we are speaking from a general value for your money purchase, I would say no. Smart rings are usually more expensive than other trackers. If all you need is an exercise tracker, buying one that is tried and true is the way to go. Unless the ring does something the other ones can’t it is not worth the extra cost.”, it means that if a smart ring realizes some extra functions that can benefit the original buyers of smartwatches, smart eyeglasses, and smart earphones, offering them a better-using experience than other smart trackers, then the smart ring wins all. The fact is, Smart Ring did it, already in 2022.
2. NFC & Bluetooth Smart Ring Market
Smart rings can be categorized into several types according to manufacturing methods, analysis types, users’ applications, and even user gender. NFC(Near Field Communication) and Bluetooth are the basic varieties of smart rings.
2.1 NFC Smart Ring
The convenience of NFC-typed smart rings in enabling contactless transactions has made them increasingly popular. These rings provide interaction with compatible gadgets, such as point-of-sale terminals by NFC technology, facilitating quick information exchange or payment transactions.
2.2 Bluetooth Smart Ring
In contrast, a Bluetooth-enabled smart ring uses a Bluetooth connection to establish a connection with the user’s smart devices such as smartphones, offering additional features in a wide range such as alerts from apps, text messages, and incoming call notifications. Or the integration with different apps on the associated smartphone, remote control of music playback, and camera shutter.
Both NFC and Bluetooth smart rings, reflect consumer choices and use cases. Bluetooth smart ring appeals to consumers who want to have a close connection with their smartphones, while NFC smart ring serves users who prefer fast, secure contactless payments.
3. User Distribution of Smart Ring
3.1 Region Distribution
North America is one of the largest markets for smart rings. , the major factors are increasing adoption of wearable technology, growing awareness about health and fitness, and the presence of major smart ring manufacturers in the region. The increasing awareness of contactless payments is also driving the demand for smart rings in the North American market. The availability of contactless payment infrastructure in the USA and ease of payment using smart rings have led to the rise in the adoption of these devices.
The smart rings market in Asia Pacific is expected to witness significant growth due to the increasing adoption of wearable technology and rising health and fitness awareness among consumers. Smart ring with convenient design and contactless payment features is expected to gain popularity in Asia. People in Asia are already used to completing their payment activities in a contactless way-scanning the payment QR code by smart devices, used are smartphones or other smart devices, but more likely by smart rings in the future, which is convenient and secure. Moreover, the trend of smart homes and the adoption of loT devices is expected to further drive the demand for smartphones with home automation features in the region.
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3.2 Age & Gender Distribution
Analysis of the top 10 smart ring brands on the market shows a balanced gender distribution of users, with 49% male and 51% female, mainly in the 25-44 age group. This trend suggests that women aged 25-44 gain the large possibility to drive future demand for smart rings. Developers can drive their manufacturing directions to the features and designs that specifically resonate with this demographic. Understanding what female users aged 25 and above really need will be critical to guiding our future innovation in this space.
Trends of Smart Rings for Women
What do females aged above 25 really need from a smart ring? Despite sleeping quality, sports activity, heart health can be tracked and monitored with high accuracy by advanced wearable technology, don’t forget women’s health is also a vital part that women are concerned about. Although a general smart ring can sync women’s health indicators such as period tracking from smartphones, the analysis type cannot be changed from general body health analysis to a specific women’s health analysis. What if a pregnant woman or individuals who are preparing for pregnancy want to keep track of their pregnancy? That's where smart rings for women come in, and is anticipated to be a large trend in the future.
Femometer Smart Ring
1. Key Brands of Smart Rings for Women
Currently, the mainstream smart ring in the market prioritizes tracking and analyzing metrics like energy levels, blood pressure, and heart rate. There is a clear gap in the market for smart ring designed to accurately monitor various aspects of women’s health, helping prepare for their pregnancy or contraception, and providing professional guidance. Femometer is the only brand to meet these specific requirements.
1.1 Femometer Smart Ring for Women
Femometer smart ring is the world's first smart ring designed for women to track their ovulation and period in time and with high accuracy of ovulation prediction. All the advice that the Femometer smart ring informs you is based on the cycle tracking data, being rigorous. And the easy-to-wear design frees you from the uncomfortable feeling when wearing a smartwatch to sleep, or using a thermometer to track your basal body temperature. Just slip it onto your finger before sleep, and let it read your body's data. The smart ring continuously monitors your basal body temperature (BBT), eliminating the need for any manual input.
1.2 How Does Femometer Smart Ring for Women Work?
Feomometer Smart Ring for Women is designed in 4 sizes, each size corresponds to your finger size, please measure your middle/index finger size according to the measuring guide picture on the Femometer Smart Ring for Women website page>>>https://www.femometer.com/products/Femometer-Smart-Ring-for-Ovulation-Tracking before purchase.
After you get the ring:
• Ensure your ring is charged for at least 1 hour before attempting to pair it with the Femometer App during the initial charge. • Activate Bluetooth on your phone and initiate the pairing process. • After the ring is connected to the app, it will automatically detect the firmware version. And you can wear it to sleep. • After sleeping, the smart ring monitors and records your data during nighttime, and need to cycle the data to the Femometer App. Please make it a daily habit to sync your data with the Femometer App to ensure secure data storage.
1.3 What Smart Ring for Women mainly Tracking and Offering?
- Ovulation & Period Tracking- Menstrual Cycle Health
Menstrual cycle is also known by the terms menstruation, menses, period cycle, and menstrual period, it is caused by the monthly shedding of the lining of women’s uterus. The average is to have periods every 28 days which may cause dysmenorrhoea( menstrual pain) during periods time, further influencing women’s emotions. The menstrual cycle reflects a woman's fertility, uterine health, and hormone levels in the body, and also provides the most accurate signals from the uterus and ovaries for individuals who are on their TTC(trying to conceive) journey. Therefore tracking and recording the menstrual cycle is crucial for women.
The Femometer smart ring can be connected with the Femometer App, you can record your periods on the app, and the data will be automatically recorded, with the help of daily tracking of the smart ring, it will give you the most accurate prediction of your ovulation and conception rate of every day. Also can alert you when recording your abnormal period or body temperature.
- Sleep Activity-Affecting Fertility
Sleep is a fundamental aspect of overall health, the sleeping activities of your body also intrigue you, so as technology evolves, diverse wearable technology products emerge for tracking sleeping activity. Sleeping is even more important when you consider the intricate links between sleep and women's reproductive health. When you wear a Femometer smart ring to sleep, the ring will track your deep sleep, light sleep, and awake time, and present as a chart form, enabling you to easily understand your sleeping activity.
- Expert Advice on Women’s Health
After a month of daily use, Femometer will remind you to go to bed early, prepare for pregnancy, and more based on your routine, basal body thermometer, ovulation predictions, etc. The Femometer app also features the latest news and expert advice on women's health. The "For You" section in the content column is dedicated to real user stories about your preferences. Femometer will always be there for you. Femtometer is on a mission to give data and insights that need to feel in control of women’s health.
Conclusion
In conclusion, the market growth of smart ring reflects the awareness about the importance of personal health management. As technology continues to innovate, smart ring expects our future healthcare revolution. Also, the emergence of smart rings for women marks a significant advancement in wearable technology and women's health tracking. The women's smart ring market also presents a wide range of opportunities for manufacturers to develop diverse smart ring designs to the specific needs of female consumers. The Femometer Smart Ring for Women provides an effective solution for women to conveniently and discreetly monitor all aspects of their health. From menstrual cycle health to heart rate and sleep patterns, the Femometer smart ring offers expert insights for improving women's health and quality of life.
Related Products: https://www.femometer.com/de/Products/Femometer-Smart-Ring-for-Ovulation-Tracking
References:
- Smart Ring Market Size, Growth, Share, Statistics Report. DHR 2390, Page(153).
This article is the original creation of Femometer. All rights reserved by Femometer Inc. To reproduce, distribute, or reference the content, please reach out to us in advance to prevent any potential legal issues. Copyright © Femometer Inc.
