Apple wants to make its new watch a one-stop heart-monitoring shop but this ASX stock might get there firstWhile Apple fanatics eagerly await its next smartwatch with a heart monitor, there are a couple of ASX stocks that are competing with them — and one might even be ahead.
Apple’s (NDQ:AAPL)smartwatches first hit the market in 2015 and have been a smash hit ever since – the company accounts for 31.1% of the global smartwatch market.
But there has been an increasing pivot toward using smartwatches for health tracking and Apple is responding by adding more health-related improvements for its watches.
TheWall Street Journal reported last monthit wanted features to tell users when their blood pressure was increasing, a thermometer to help with fertility planning and a heart monitor.
A rival to Apple
However, medtech company CardieX (ASX:CDX) just might help a smartwatch competitor beat them to it.
CardieX has five new products in development that are on track to launch this year and next, including the world’s first consumer dual-pulse blood pressure monitor and a wristband targeted at consumers with underlying vascular heart conditions.
The company is in a commercial partnership with Google-backed tech company Mobvoi which is, like Apple, a smartwatch maker. While it has not formally released the latest smartwatch or underlying app, XDA Developers uncovered what Mobvoi is working on.
Features of its future smartwatches will include determining the heart rate as well as load on the heart and its capability to provide oxygenated blood to cells based on the body’s performance demands.
XDA Developerspulledthe render of the product from the app’s assets.
Pic: XDA Developers
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