QALO, known for silicon rings, has expanded into the health wearables market with its new QRNT smart ring. The device integrates health-tracking capabilities with the company's signature silicone material design, introducing a comprehensive health monitoring solution without subscription fees.
The QRNT ring incorporates multiple tracking features, including heart rate monitoring, blood oxygen measurement, heart rate variability tracking, sleep stage analysis, and stress level assessment. All data is accessible through a companion app that comes without recurring costs. The company has also introduced interchangeable silicone covers, allowing users to customize their device's appearance while providing scratch protection.
Jacob Brewer, president of WIN Brand Group, which owns QALO, stated: "Since revolutionizing the silicone ring market, QALO has been committed to creating products that seamlessly integrate into active, everyday lives. With the QRNT Ring, we're excited to bring a quality product at a price that is more approachable. By combining our signature silicone material with leading-edge technology, we've created a product that embodies our vision of making personalized style and wellness accessible for all."
The launch comes amid significant growth in the smart rings market, which was valued at $232.12 million in 2023 and is projected to reach $455.56 million by 2029. Recent developments in the sector include Oura's $200 million Series D funding round, which elevated the company's valuation to $5.2 billion, and Happy Health's FDA clearance for their medical-grade smart ring.
Industry analysts note that technological advances in microelectronics, sensor technology, and miniaturization have been primary drivers behind the growth of the global smart-ring market, allowing manufacturers to incorporate increasingly sophisticated features into these compact devices.
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