<div>
  <p>
  </p>
  <ul>
    <li>
      <p>
        Happy Health, a health technology company, has received FDA clearance for its Happy Ring, a wearable device that monitors vital health metrics including sleep, blood oxygen levels, heart rate, temperature, and brain activity.
      </p>
    </li>
    <li>
      <p>
        The Happy Ring platform uses customized machine learning algorithms and GenAI to integrate data into a clinical context, translating it into actionable notifications and alerts for patients and healthcare providers.
      </p>
    </li>
    <li>
      <p>
        The FDA clearance allows Happy Health to offer clinical monitoring for various health conditions, including sleep apnea, heart disease, diabetes, obesity, and hypertension, through its comfortable and accurate wearable device.
      </p>
    </li>
    <li>
      <p>
        <b>Analyst QuickTake: </b>
        The market for smart rings is faced with stiff competition from players such as Ōura, which just launched its Ring 4 
        <a href="https://sp-edge.com/updates/34459">
          earlier this month
        </a>
        , and Samsung, which unveiled its Galaxy Ring in 
        <a href="https://sp-edge.com/updates/31387">
          July 2024
        </a>
        . However, Happy Health's recent FDA approval for its smart ring distinguishes it from other major players who are yet to secure similar recognition.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.mobihealthnews.com/news/happy-health-receives-fda-clearance-smart-ring">
      Mobi Health News
    </a>
  </p>
</div>


Digital Wellness

ANALYST_QUICK_TAKE

<div>
 
 <p>Happy Health, a company specializing in health technology, has successfully earned FDA clearance for their product known as the Happy Ring. This wearable device is designed to monitor an array of vital health statistics. These include sleeping patterns, levels of blood oxygen, heart rate, body temperature, and even brain activity.</p>
 <p>The platform of the Happy Ring utilizes GenAI and machine learning algorithms that have been uniquely customized to seamlessly integrate data into a clinically relevant context. This allows for the translation of information into actionable notifications or alerts that can prove beneficial for both healthcare providers and patients.</p>
 <p>With FDA clearance, Happy Health can now offer clinical monitoring for a range of health conditions. These conditions include, but are not limited to, sleep apnea, heart disease, obesity, hypertension, and diabetes. Monitoring is offered through the Happy Ring, a wearable device that promises both comfort and accuracy.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> The market for smart rings is faced with stiff competition from players such as Ōura, which just launched its Ring 4 <a href="https:<br>
//sp-edge.com/updates/34459"> earlier this month </a> , and Samsung, which unveiled its Galaxy Ring in <a href="https:<br>
//sp-edge.com/updates/31387"> July 2024 </a> . However, Happy Health's recent FDA approval for its smart ring distinguishes it from other major players who are yet to secure similar recognition.</p>

Happy Health receives FDA clearance for smart ring

PROMINENT_CATEGORY

<div>
 
 <p>Finnish company Ōura Health has released its new smart ring, the Ring 4, costing USD 349. The Ring 4, replacing Ring 3, offers enhanced health tracking capabilities.</p>
 <p>Compared to the Ring 3, the Ring 4 has double the number of sensors, tailored algorithms for individuals, and a new sleeker design, featuring titanium and recessed sensors. The device provides more accurate measurements of blood oxygen levels and heart rate, especially while sleeping.</p>
 <p>Per an independent study, the Ring 4 improves blood oxygen accuracy by 30%, reduces gaps in heart rate monitoring significantly, and offers a more accurate, by 15%, breathing disturbance index. The upgraded model also offers an extended battery life capable of lasting eight days on one charge.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> In <a href="https:<br>
//sp-edge.com/updates/33488"> September 2024 </a> , Ōura Health acquired metabolic health company Veri for an undisclosed sum. Through the acquisition, it planned to incorporate Veri's expertise to expand its offerings in metabolic health.</p>

Ōura launches Ring 4 with improved health tracking accuracy

<div>

 <p>Welltory, a health and wellness app provider, has secured a USD 3 million credit facility from Braavo Capital. This has raised their total funding to USD 12 million.</p>
 <p>The newly acquired funds are intended for strategic product and market growth, development of new algorithms, AI innovations, and consequential research. The company's goal is to create an ecosystem to help 100 million people improve their health.</p>
 <p>As of September 2024, the Welltory app boasts over 10 million users and ranks among the top 50 grossing Health & Fitness apps. More than 65% of Welltory Premium members have reported better sleep, lower stress, and increased physical activity.</p>

</div>

Welltory raises USD 3 million in credit facility from Braavo Capital to expand platform

<div>

 <p>Performance Experience Platform, Centrical, has introduced Team Performance Central and AI Assistant for Team Leaders. The new tool offers a comprehensive view of team performance and an AI-assisted manager tool. According to Centrical, this solution has saved team leaders in various fields an average of four hours per week on administrative jobs.</p>
 <p>The latest Team Performance Experience provides a customizable holistic view of team performance across all team members and KPIs. It comes with an AI-assisted Manager Assistant that offers contextual performance insights and suggestions, interactive data exploration using smart filters, and robust trend analysis capabilities. Utilizing these features, team leaders can spot strengths, address weaknesses, and prioritize coaching opportunities.</p>
 <p>Centrical affirms that their solution empowers frontline managers, enabling them to make informed decisions, boost team efficiency and enhance customer experience. The company adds that this new technology aids organizations in adapting to the evolving roles of frontline employees and team leaders in the customer experience industry, especially considering the escalating adoption of AI for complex interactions and routine tasks.</p>

</div>

Centrical launches Team Performance Central and AI Assistant

INCUMBENTS_PRESENT

<div>
 
 <p>The US Food and Drug Administration (FDA) has given its approval for the detection of sleep apnea on Apple Watch Series 9, Series 10, and Watch Ultra 2.</p>
 <p>This feature needs sleep tracking data for 10 nights within a span of 30 days in order to evaluate the risk of sleep apnea. It will be included in the soon-to-be-released watchOS 11.</p>
 <p>For the FDA, this is considered an "over-the-counter device to assess risk of sleep apnea". Apple further stipulates that this feature is not a diagnostic tool, but will notify users to get an official diagnosis from health care professionals.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Earlier this <a href="https:<br>
//sp-edge.com/updates/33543"> month </a> , Apple also received FDA approval for a software update that allows Apple's AirPods Pro 2 to function as over-the-counter hearing aids. With today’s FDA’s approval, Apple has taken another step toward its devices functioning in healthcare roles beyond traditional wearable technology capabilities.</p>

FDA approves Apple Watch sleep apnea detection feature

<div>
 
 <p>An AI-based sleep analysis app, Sleep Cycle, has formed a partnership with MyFitnessPal, a global nutrition and food tracking app. The goal of this collaboration is to create a comprehensive wellness experience.</p>
 <p>As part of this partnership, MyFitnessPal users are offered a special deal for a premium Sleep Cycle membership. This combines sleep insights with nutrition and fitness objectives. The collaboration is aimed to assist users in comprehending the relationship between sleep, nutrition, and general health, which could result in increased subscriptions and revenue for Sleep Cycle.</p>
 <p>The partnership is built on Apple's latest Contingent pricing model. It aligns with Sleep Cycle's plan for expanding its partnership deals in the neighboring health sectors. The partnership emphasises the importance of sleep health in overall wellness and promotes a total wellbeing approach.</p>
 
</div>

Sleep Cycle partners with MyFitnessPal to integrate sleep insights with nutrition and fitness tracking

<div>
 
 <p>The health wearable device company, Ōura, has purchased Veri, a Finnish company that specializes in personalized metabolic health. Although the financial details of the transaction were not disclosed, it is known that most of Veri's team, including the three founders, will become Ōura employees.</p>
 <p>Veri's main product is an app that aids users in locating the optimal food choices and habits for their individual bodies. It functions through the use of continuous glucose monitors (CGM) in order to help users grasp the impact of nutrition on their health. The application provides a variety of benefits such as weight loss, sleep improvement, and increased energy.</p>
 <p>In its future updates, Ōura will incorporate Veri's expertise to enhance its metabolic health offerings, a feature that Ōura members have expressed interest in. The company has announced plans to launch a new feature in the upcoming fall season that assists members in monitoring meal timings, helping them understand the effect of their eating habits on various health metrics such as sleep, stress levels, and recovery.</p>
 
</div> <p><b>Analyst QuickTake</b> :<br>
 Traditionally, Ōura has tried to maintain its market share by <a href="https:<br>
//sp-edge.com/updates/30034"> suing potential new entrants </a> . However, this strategy fell apart when Samsung countered Ōura’s strategy by <a href="https:<br>
//sp-edge.com/updates/30034"> preemptively suing </a> the company before launching its Galaxy Ring. Now, it appears that Ōura is attempting to maintain its market presence by expanding its product features, as it plans to integrate Veri’s CGM functions into its wearable. The latest version of the ring, which could incorporate these features, is <a href="https:<br>
//techcrunch.com/2024/09/11/oura-has-acquired-metabolic-heath-startup-veri/"> rumored to be released soon </a> .</p>

Ōura acquires metabolic health company Veri for undisclosed sum

<div>
 <p>The menstrual health app Clue has joined forces with mental health platform Headspace to provide resources for mental health support for cycle-related issues. The collaboration allows Clue's cycle-tracking features to be merged with Headspace's mental health resources, assisting users in navigating cycle changes and managing stress related to various life stages. In addition to this, Clue Plus members will receive a 50% discount on Headspace subscriptions in order to get further guidance and help in managing cycle-induced stress.</p>
 <p>The main focus of the partnership is to address the ties between menstrual and mental health, while offering targeted support for a variety of cycle stages, like general tracking, fertility, pregnancy, and pre/post-menopause stages. This initiative was created in reaction to data from Clue users, which showed high rates of anxiety and depression. Reviews found 62% of members had difficulties managing day-to-day life during menstrual symptoms, and there was a 75% increase in concerns over emotional symptoms.</p>
</div>

Clue partners with Headspace to offer mental health support for menstrual cycle management

<div>
 <p>FitXR, an XR workout platform, has launched an app update featuring an AI assistant among other enhancements.</p>
 <p>The novel update introduces a home menu named "The Deck," a springboard for different training environments hosting the "Atlas" AI assistant. The workout interface has been revamped to lessen the time spent on navigating menus. Additionally, a new scoring system named "Move Points," has been created to depict individual skill levels.</p>
 </div> <p><b>Analyst QuickTake:<br>
</b> The update follows FitXR launching its seventh studio (Slam) in <a href="https:<br>
//sp-edge.com/updates/24822"> December 2023 </a> . Slam's proprietary algorithms transform a room into a 3D game, utilizing floors, walls, and ceilings for interactive fitness, expanding FitXR’s platform into the mixed reality realm.</p>

FitXR adds AI assistant for XR workouts among other updates

<div>
 <p>The digital wellness firm Tripp has introduced a beta version of Kōkua XR, an AI-powered meditation guide for tailored wellness experiences. The application is accessible for Quest headsets and comes with a monthly subscription fee of USD 9.99.</p>
 <p>Kōkua XR offers personalized meditation sessions influenced by real-time user input. Users are able to verbalize and let the application use a large language model (LLM) for guidance during meditation. Additional features include mood monitoring using heart rate and breathing pattern data.</p>
</div> <p><b>Analyst QuickTake:<br>
</b> The news follows Headspace’s entry into the XR sector via the launch of its VR meditation app in <a href="https:<br>
//sp-edge.com/updates/27329"> March 2024 </a> . Kōkua XR differentiates itself via its subscription pricing (Headspace XR is available for a flat fee of USD 20). While Tripp’s Kōkua XR is potentially more expensive than Headspace XR in the long run, this premium is likely due to the incorporation of its suite of AI features.</p>

All Updates

Happy Health receives FDA clearance for smart ring

Ōura launches Ring 4 with improved health tracking accuracy

Welltory raises USD 3 million in credit facility from Braavo Capital to expand platform

Centrical launches Team Performance Central and AI Assistant

FDA approves Apple Watch sleep apnea detection feature

Sleep Cycle partners with MyFitnessPal to integrate sleep insights with nutrition and fitness tracking

Ōura acquires metabolic health company Veri for undisclosed sum

Clue partners with Headspace to offer mental health support for menstrual cycle management

FitXR adds AI assistant for XR workouts among other updates

Tripp launches Kōkua XR for personalized AI meditation in VR

Digital Wellness

Happy Health receives FDA clearance for smart ring

Contact us