Oura is going public, but these smart ring companies are coming for its crown
Oura is going public, but these smart ring companies are coming for its crown
Oura 即将上市，但这些智能戒指公司正虎视眈眈，意图夺取其王冠
The smart ring market is getting crowded, and Oura isn’t waiting around to see what happens next: it officially filed to go public on September 3. The company is killing it right now. The Finnish outfit’s revenue nearly doubled to $1.21 billion for the nine months ended June 30. Oura said it sold 3.6 million rings over the past year, and that it has around 5 million paid members.
智能戒指市场正变得日益拥挤，Oura 并没有坐以待毙：该公司已于 9 月 3 日正式提交了上市申请。目前，这家芬兰公司的表现非常强劲，截至 6 月 30 日的九个月内，其营收几乎翻了一番，达到 12.1 亿美元。Oura 表示，过去一年共售出 360 万枚戒指，并拥有约 500 万付费会员。
The company’s move to go public follows the recent launch of the Oura Ring 5, its slimmest and lightest ring yet. But while Oura has largely dominated the smart ring market for years, rivals are emerging from all corners to dethrone it, each betting on a different angle. For example, French company Circular announced this week that its upcoming ring will allow users to tap to pay with their ring, while Chinese company RingConn debuted a ring this year that added haptic vibrations.
在上市计划之前，Oura 最近刚刚发布了其迄今为止最轻薄的 Oura Ring 5。尽管多年来 Oura 一直主导着智能戒指市场，但竞争对手正从四面八方涌现，试图将其拉下马，每一家都在押注不同的切入点。例如，法国公司 Circular 本周宣布，其即将推出的戒指将支持感应支付；而中国公司 RingConn 今年推出的一款戒指则增加了触觉振动功能。
Indian company Ultrahuman separately announced this week that it raised $70 million with backing from Qualcomm’s venture arm as it looks to build a ring that it says will be able to run software directly on the device and eventually power everything from AI interactions to games. The race to beat Oura isn’t just about enhanced health and sleep tracking anymore. It’s now about seeing which company can cram the most smartphone-like features into a two-gram titanium band before someone ends up shipping a ring that lets you doomscroll TikTok or answer calls or do your taxes.
印度公司 Ultrahuman 本周也宣布获得 7000 万美元融资，由高通创投部门支持。该公司计划打造一款能够直接在设备上运行软件的戒指，最终实现从 AI 交互到游戏等各种功能。超越 Oura 的竞争已不再仅仅局限于增强健康和睡眠追踪。现在的比拼在于，哪家公司能将最多的智能手机功能塞进两克的钛金属环里，直到有人推出一款能让你刷 TikTok、接听电话甚至报税的戒指。
I mean, we’re already seeing smart rings with screens, like the Pebble Halo, although it’s currently only available in India, as well as rings that promise touchpads, like the Dreame Ring. The irony is that the initial appeal with smart rings was that they made technology and health tracking feel less intrusive than devices like smartwatches and smartphones, given you can step away from a screen while still keeping tabs on your health. With the way things are headed in the smart ring industry, though, we may just end up slipping mini smartphones on our fingers.
我的意思是，我们已经看到了带有屏幕的智能戒指，比如 Pebble Halo（尽管目前仅在印度销售），以及承诺配备触摸板的戒指，比如 Dreame Ring。讽刺的是，智能戒指最初的吸引力在于，与智能手表和智能手机等设备相比，它让科技和健康追踪显得不那么具有侵入性，因为你可以在远离屏幕的同时监控自己的健康状况。然而，照目前智能戒指行业的发展趋势来看，我们最终可能会在手指上戴上“迷你智能手机”。
All of this is to say that the smart ring market is getting increasingly confusing, so we’ve rounded up the most notable contenders vying for Oura’s crown.
总而言之，智能戒指市场正变得越来越令人困惑，因此我们整理了目前争夺 Oura 王冠的最值得关注的竞争对手。
Ultrahuman
Earlier this year, Ultrahuman unveiled its third-generation smart ring, the $479 Ring Pro, which is set to begin shipping in the U.S. in mid-September. Ultrahuman’s U.S. business was disrupted in October 2025 after the U.S. International Trade Commission ruled in Oura’s favor in a patent dispute. The ruling prevented the company from importing new ring inventory into the country, so Ultrahuman developed the Ring Pro with a redesigned form factor in order to circumvent Oura’s patent. The Ring Pro features a redesigned heart-rate sensing system aimed at improving signal quality during sleep, along with a new dual-core processor that enables more accurate data collection and greater on-device processing. As noted earlier, Ultrahuman looks to be more ambitious with future rings as it aims to go beyond sleep and health tracking.
今年早些时候，Ultrahuman 发布了其第三代智能戒指——售价 479 美元的 Ring Pro，预计将于 9 月中旬在美国开始发货。2025 年 10 月，由于美国国际贸易委员会在专利纠纷中裁定 Oura 胜诉，Ultrahuman 的美国业务受到干扰。该裁决禁止该公司向美国进口新的戒指库存，因此 Ultrahuman 开发了重新设计外观的 Ring Pro，以规避 Oura 的专利。Ring Pro 采用了重新设计的心率传感系统，旨在提高睡眠期间的信号质量，并配备了新的双核处理器，能够实现更精确的数据采集和更强大的设备端处理能力。如前所述，Ultrahuman 在未来产品上似乎更有野心，目标是超越单纯的睡眠和健康追踪。
Circular
Circular’s upcoming Ring 3 series, which consists of a Pro model and a Slim option, is expected to launch early next year. Both of the smart rings will feature an integrated NFC chip for contactless payments and on-finger vibrations that can be used for silent wake-up alarms, reminders, vital health alerts, and more. The Ring 3 Pro features a slimmer design than its predecessor and comes with FDA-cleared ECG for AFib detection, blood pressure trend tracking, glucose tracking, advanced sleep analysis, and comprehensive biometric monitoring. Pricing for the upcoming rings is not yet available.
Circular 即将推出的 Ring 3 系列（包括 Pro 型号和 Slim 型号）预计将于明年年初发布。这两款智能戒指都将内置 NFC 芯片以支持非接触式支付，并具备手指振动功能，可用于静音闹钟、提醒、重要健康警报等。Ring 3 Pro 的设计比前代产品更纤薄，并配备了经 FDA 认证的 ECG（心电图）功能，用于房颤检测、血压趋势追踪、血糖追踪、高级睡眠分析以及全面的生物识别监测。目前尚未公布这些新戒指的定价。
RingConn
The RingConn Gen 3, which launched in May and starts at $349, features vascular health insights that use sensor data from the ring to assess changes in vascular strain over time after calibration with externally measured blood pressure values. It also tracks heart rate, blood oxygen saturation, sleep, activity, and stress, among other metrics. Additionally, it features vibration alerts for health changes, sedentary reminders, and low battery. Unlike Circular, which leans on haptics to make its ring more communicative, RingConn mostly sticks to vibration as a health-alert mechanism.
RingConn Gen 3 于 5 月发布，起售价为 349 美元。它提供血管健康洞察功能，通过戒指的传感器数据，在与外部测量的血压值校准后，评估血管压力随时间的变化。它还能追踪心率、血氧饱和度、睡眠、活动量和压力等指标。此外，它还具备针对健康变化、久坐提醒和低电量的振动警报功能。与 Circular 倾向于利用触觉反馈来增强戒指的交互性不同，RingConn 主要将振动作为一种健康警报机制。
Samsung
Samsung became the first major tech giant to launch a smart ring in 2024. The Galaxy Ring, which costs $399, is arguably the strongest contender for anyone already invested in Samsung’s ecosystem of devices. Compared with other smart rings on the market, the Galaxy Ring is relatively basic when it comes to advanced health and sleep tracking. It lacks features such as sleep apnea detection, which are offered by RingConn, Oura, and Ultrahuman, as well as AFib detection, which is available on Circular and RingConn smart rings.
三星是 2024 年第一家推出智能戒指的主要科技巨头。售价 399 美元的 Galaxy Ring 对于已经身处三星设备生态系统中的用户来说，无疑是最强有力的竞争者。与市场上其他智能戒指相比，Galaxy Ring 在高级健康和睡眠追踪方面相对基础。它缺乏 RingConn、Oura 和 Ultrahuman 所提供的睡眠呼吸暂停检测功能，也没有 Circular 和 RingConn 智能戒指所具备的房颤检测功能。
Dreame
Dreame, a relatively new entrant to the smart ring market, unveiled a ring earlier this year with haptic alerts for alarms, calls, messages, and more, along with a small touchpad that lets you do things like skip a song or snap a photo on your phone. It’s also said to offer heart rate tracking, blood oxygen monitoring, heart rate variability insights, sleep analysis, and more. Pricing and availability have yet to be announced.
Dreame 是智能戒指市场的一个相对较新的参与者，今年早些时候发布了一款戒指，具备用于闹钟、来电、消息等的触觉警报功能，以及一个小型的触摸板，让你可以在手机上执行跳过歌曲或拍照等操作。据称，它还提供心率追踪、血氧监测、心率变异性洞察、睡眠分析等功能。目前尚未公布定价和上市时间。