Samsung unveiled the Galaxy Ring, its latest smart healthcare product, at the Mobile World Congress in Spain. This gold, silver, or black device has a step tracker, heart rate monitor, and sleep monitor to improve users’ health.
The expo included prototypes in glass boxes from the Galaxy S24 Unpacked presentation in the US last month. Samsung plans to release the Galaxy Ring later this year to address healthcare data fragmentation.
Samsung Vice President, Hon. Pak, underlined the company’s unique position by highlighting its broad connected device ecosystem and advanced sensor technologies for data collection. By using third-party health data, consumers can have a better understanding of their health.
Smart bands like Oura Ring measure sleep and exercise, but the market is small. Tech giants like Samsung and Apple are entering this niche industry as sensor technology advances and more health-conscious consumers adopt these products.
According to Business Research Insights, the worldwide smart ring industry will rise significantly. The market should grow from $20 million last year to $197 million by 2031. Advanced devices like the Samsung Galaxy Ring benefit from a future focused on connectivity and health.
