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Eight Sleep pivots to healthcare, seeks FDA clearance for sleep apnea tech

Eight Sleep, known for its luxury smart mattress covers, is pivoting to become a healthcare company focused on sleep apnea detection and treatment. The company is seeking FDA clearance for its technology, aiming to be recognized as a medical device rather than a consumer gadget. This strategic shift involves clinical studies and partnerships, including one with Abu Dhabi's Department of Health, to gain medical credibility and secure insurance coverage for its Pod product. AI

IMPACT This pivot could lead to more consumer health devices seeking FDA approval, blurring the lines between wellness gadgets and medical equipment.

RANK_REASON Company pivot from consumer tech to regulated healthcare with FDA clearance pursuit. [lever_c_demoted from significant: ic=1 ai=0.4]

Read on Fortune →

AI-generated summary · Google Gemini · from 1 sources. How we write summaries →

Eight Sleep pivots to healthcare, seeks FDA clearance for sleep apnea tech

COVERAGE [1]

  1. Fortune TIER_1 English(EN) · Lily Mae Lazarus ·

    The company selling a $3,000 mattress cover that billionaires love wants to become a healthcare company that treats sleep apnea

    Eight Sleep wants to turn its consumer sleep data into a healthcare business, but first it has to clear regulatory and clinical hurdles.