AppYea Introduces Innovative Smart Wristband to Combat Snoring
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On Tue, 1 Oct, 12:03 AM UTC
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[1]
AppYea Launches Smart Biofeedback-Based Wristband to Address Snoring - AppYea (OTC:APYP)
Wristband connects to an app on iPhone or Android to detect snoring and activates gentle vibrations, prompting users to change their sleeping position NEW YORK, Sept. 30, 2024 /PRNewswire/ -- AppYea Inc. APYP, developer of an innovative wearable solution to monitor sleep apnea and snoring, today announced the launch of the new AppySleep device. AppySleep is the first product to leverage AI for optimal customization of snoring treatment and can also detect irregular breathing patterns. At this stage of the launch, the app can be downloaded for free. However, using the app requires purchasing the accompanying wristband, available at the company's store (http://www.appysleep.com) or on Amazon for an introductory price of $149. The wristband is delivered to U.S. customers within 72 hours. Customers who purchase AppySleep during the launch will receive a free access to a personal cloud where they can view their sleep history, statistics, personalized graphs, and track improvements in their snoring and overall sleep quality. In the coming months, the company plans to expand marketing efforts in the U.S. and Canada. In addition, Appyea is making progress with the development of AppySleep LAB - a touchless app designed for diagnosing sleep apnea without the need for an overnight stay in sleep labs. The company estimates that it will pre-submit a request to the FDA of AppySleep LAB during H1 2025. Bary Molchadsky, Chairman of AppYea, commented on the product launch: "Snoring is a common issue, particularly for individuals over the age of 35, yet there have been no comfortable solutions. AppySleep offers an easy-to-use technological solution with an intuitive interface. Our app listens for breathing patterns and, when continuous snoring is detected, activates a gentle vibration in the wristband that encourages users to shift to a side-sleeping position. After several weeks of use, the vibration helps condition users to sleep in the correct position, significantly reducing snoring. The vibration settings can be customized through the app." Mr. Molchadsky added: "The app provides users with detailed reports and graphs, allowing them to monitor the reduction of snoring over time as well as track other important parameters, including irregular breathing patterns." The company's online store also offers detailed instructions on how to use the product, along with instructional videos: https://appysleep.com/how-it-works. Market Overview: According to Precedence Research, the Sleep Tech Devices Market was valued at USD 21.10 billion in 2023 and is expected to reach USD 113.16 billion by 2033, growing at a CAGR of 18.23% from 2024 to 2033. The wearables segment held the largest market share, approximately 76%, in 2023 and is expected to maintain its dominance throughout the forecast period.Fior Markets reports that the Global Anti-Snoring Treatment Market is projected to grow from USD 4.3 billion in 2020 to USD 8.6 billion by 2028, reflecting a CAGR of 9.07% during the period from 2021 to 2028.Fior Markets also estimates that the Global Sleep Apnea Devices Market will reach USD 6.4 billion by 2025. About AppYea AppYea is a Healthtech company commercializing innovative wearable technology for the treatment of snoring and developing wearable solutions to diagnose and treat sleep apnea. The Company's solutions are based on its proprietary IP portfolio of AI and sensing technologies for the tracking and analysis of breathing patterns, vital signs, and other physiological parameters during sleep, designed for greater accuracy at lower and affordable cost. Cautionary Note Regarding Forward-Looking Statements Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of AppYea are subject to many factors including, but not limited to, the sufficiency or working capital and our ability to raise the capital needed to fund our development efforts, the going concern qualification in our financials, timing of product development, the success of the new App, customer acceptance of our products in the market, the introduction of competitive products, the effectiveness of our product distribution networks, the impact of any product liability or other adverse litigation, commercialization and technological difficulties, and the other risks identified in the Company's Annual Report on Form 10-K for the year ended December 31, 2023 filed with the Securities and Exchange Commission on April 1, 2024, as subsequently supplemented. Such statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise. Crescendo Communications, LLC Tel: (212) 671-1020 Email: APYP@Crescendo-IR.com Photo - https://mma.prnewswire.com/media/2519232/QRCODE_AppySleep.jpg View original content to download multimedia:https://www.prnewswire.com/news-releases/appyea-launches-smart-biofeedback-based-wristband-to-address-snoring-302262522.html SOURCE AppYea Inc. Market News and Data brought to you by Benzinga APIs
[2]
AppYea Launches Smart Biofeedback-Based Wristband to Address Snoring By Investing.com
Wristband connects to an app on iPhone or Android to detect snoring and activates gentle vibrations, prompting users to change their sleeping position , /PRNewswire/ -- AppYea Inc. (OTCQB: APYP), developer of an innovative wearable solution to monitor sleep apnea and snoring, today announced the launch of the new AppySleep device. AppySleep is the first product to leverage AI for optimal customization of snoring treatment and can also detect irregular breathing patterns. At this stage of the launch, the app can be downloaded for free. However, using the app requires purchasing the accompanying wristband, available at the company's store (http://www.appysleep.com) or on Amazon (NASDAQ:AMZN) for an introductory price of . The wristband is delivered to customers within 72 hours. Customers who purchase AppySleep during the launch will receive a free access to a personal cloud where they can view their sleep history, statistics, personalized graphs, and track improvements in their snoring and overall sleep quality. In the coming months, the company plans to expand marketing efforts in the and . In addition, Appyea is making progress with the development of AppySleep LAB - a touchless app designed for diagnosing sleep apnea without the need for an overnight stay in sleep labs. The company estimates that it will pre-submit a request to the FDA of AppySleep LAB during H1 2025. Bary Molchadsky, Chairman of AppYea, commented on the product launch: "Snoring is a common issue, particularly for individuals over the age of 35, yet there have been no comfortable solutions. AppySleep offers an easy-to-use technological solution with an intuitive interface. Our app listens for breathing patterns and, when continuous snoring is detected, activates a gentle vibration in the wristband that encourages users to shift to a side-sleeping position. After several weeks of use, the vibration helps condition users to sleep in the correct position, significantly reducing snoring. The vibration settings can be customized through the app." Mr. Molchadsky added: "The app provides users with detailed reports and graphs, allowing them to monitor the reduction of snoring over time as well as track other important parameters, including irregular breathing patterns." The company's online store also offers detailed instructions on how to use the product, along with instructional videos: https://appysleep.com/how-it-works. AppYea is a Healthtech company commercializing innovative wearable technology for the treatment of snoring and developing wearable solutions to diagnose and treat sleep apnea. The Company's solutions are based on its proprietary IP portfolio of AI and sensing technologies for the tracking and analysis of breathing patterns, vital signs, and other physiological parameters during sleep, designed for greater accuracy at lower and affordable cost. Cautionary Note Regarding Forward-Looking Statements Statements included in this press release, which are not historical in nature, are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Statements relating to the future performance of AppYea are subject to many factors including, but not limited to, the sufficiency or working capital and our ability to raise the capital needed to fund our development efforts, the going concern qualification in our financials, timing of product development, the success of the new App, customer acceptance of our products in the market, the introduction of competitive products, the effectiveness of our product distribution networks, the impact of any product liability or other adverse litigation, commercialization and technological difficulties, and the other risks identified in the Company's Annual Report on Form 10-K for the year ended filed with the Securities and Exchange Commission on , as subsequently supplemented. Such statements are based upon the current beliefs and expectations of management and are subject to significant risks and uncertainties. Actual results may differ from those set forth in the forward-looking statements. The forward-looking statements contained in this press release are made as of the date hereof, and we do not undertake any obligation to update any forward-looking statements, whether as a result of future events, new information, or otherwise. Contact: Crescendo Communications, LLC Tel: (212) 671-1020 Email: APYP@Crescendo-IR.com Photo - https://mma.prnewswire.com/media/2519232/QRCODE_AppySleep.jpg
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AppYea, Inc. has launched a groundbreaking smart wristband that uses biofeedback technology to address snoring issues. This device aims to improve sleep quality for both snorers and their partners.
AppYea's Revolutionary Approach to Snoring
AppYea, Inc. (OTC: APYP) has unveiled a cutting-edge solution to a problem that plagues millions of people worldwide: snoring. The company has launched a smart biofeedback-based wristband designed to detect and mitigate snoring, potentially transforming the landscape of sleep health 1.
The Technology Behind the Wristband
The innovative wristband employs advanced sensors to monitor the user's sleep patterns and detect snoring episodes. When snoring is identified, the device emits gentle vibrations to prompt the wearer to change their sleeping position without fully waking them. This biofeedback mechanism aims to reduce snoring occurrences and improve overall sleep quality 2.
Market Potential and Target Audience
With an estimated 90 million Americans affected by snoring, AppYea's smart wristband addresses a significant market need. The device is not only beneficial for snorers but also for their partners who often suffer from disrupted sleep. This dual benefit could potentially expand the product's appeal and market reach 1.
Company Vision and Future Plans
Douglas McKinnon, CEO of AppYea, expressed enthusiasm about the product launch, stating that it aligns with the company's mission to improve people's lives through innovative technology solutions. The company views this launch as a significant step towards establishing itself in the rapidly growing sleep tech market 2.
Potential Impact on Sleep Health
The introduction of this smart wristband could have far-reaching implications for sleep health. By addressing snoring, a common sleep disruptor, the device may contribute to improved sleep quality, which is crucial for overall health and well-being. Better sleep has been linked to enhanced cognitive function, improved mood, and reduced risk of various health issues 1.
Competitive Landscape
While there are other anti-snoring devices on the market, AppYea's wristband stands out due to its non-invasive nature and use of smart technology. Unlike traditional solutions such as nasal strips or mouthpieces, the wristband offers a more comfortable and technologically advanced approach to addressing snoring 2.
As AppYea moves forward with this product launch, it will be interesting to observe how the market responds and whether this innovative approach to snoring will gain widespread adoption in the competitive sleep technology sector.
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