Movano announces the Evie smart ring, which monitors women’s health, and will enter the market at the end of 2023.
The main functions of the Evie smart ring will help you track:
- heart rate at rest;
- heart rhythm changes;
- SpO2 (blood oxygen saturation);
- breathing rate;
- skin temperature;
- menstrual cycle and ovulation, as well as their symptoms;
- activity (steps, calories burned);
- stages and duration of sleep;
- mood.
Nothing is known about the rest of the product details yet – Movano promises to present the smart ring at CES next week. In addition, the company says it plans to obtain FDA approval for the product, but does not specify when that will happen:
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FINANCIAL ANALYSIS
“We plan to submit a pulse oximetry application following the completion of a successful hypoxia trial in October 2022 that demonstrated clinical accuracy of SpO2 and heart rate that meets the FDA consensus standard. While some products are only FDA approved for specific software (such as ECG and Afib), Evie is designed to meet regulatory standards and is manufactured in an ISO13485 and cGMP compliant medical device facility.”
Movano says the ring will provide “reliable and personalized information” to women that will help them “make the connection between cause and effect” in how they feel. In addition, Evie will provide “data that clinicians can consider reliable for treating patients.”
Obviously, this is ultimately a game-changer – as companies move from just being in the consumer space to something that is taken more seriously by healthcare providers, insurance companies, and more.
“As a medical device, Evie goes beyond other similar devices on the market, and we believe it has the potential to change women’s lives and their overall health. We’re bringing medical biometrics together in a convenient and modern medium that empowers women to take charge of their health,” CEO John Mastrototaro said in a press release.
The product is expected to be released in 2023, will cost around $300 and will not charge additional subscription fees.
Source: Techcrunch
