The study, conducted by Owlet, brings attention
to the public health issue of parental mental health and the
challenges of stress, anxiety, and sleep deprivation.
Owlet, Inc. (“Owlet” or the “Company”) (NYSE:OWLT), the pioneer
of smart infant monitoring, today released its State of
Parenting Report, which reveals the immense pressure parents
face during their baby’s first year of life. On average, parents
lose three hours of sleep per night,1 contributing to higher levels
of stress and fatigue. With 126 million pediatric visits every
year,2 it’s clear that health concerns also weigh heavily on
parents’ minds. The number one reason for these visits is
respiratory infections,3 and parents remain deeply concerned about
sudden and unexpected health issues. Still today, one of the
leading causes of infant mortality is unexpected deaths during
sleep, caused by sudden infant death syndrome (SIDS), suffocation,
and other unknown factors.4 The new data sheds even more light on
these struggles, along with the common feelings that overwhelm new
parents, as well as the tools they seek for support.
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Parenting Report
The Link Between Exhaustion, Anxiety, and Parents’ Mental
Health The survey reveals that exhaustion (61%) is the most
common emotion parents experience during the first year, followed
by feeling overwhelmed (48%) and anxious (32%). This is compounded
by 86% of parents waking up as many as eight times a night to check
on their baby. A lack of restful sleep, driven by these worries,
continues to affect parents’ mental health.
When asked what would benefit their mental health, but is the
hardest to find, these parents answered:
- More sleep - 54%
- Time for self-care activities or hobbies - 43%
- Assistance for household chores or responsibilities - 39%
- More support from my family, friends or partner - 32%
Worry About Baby’s Health is Causing Even More Stress
Exhaustion and overwhelmed feelings aside, these parents are also
in a constant state of worry about their newborns’ well-being and
health. When looking at common concerns parents may have during the
first year of their baby’s life, nearly 40% of parents are most
worried about their newborn contracting an illness, such as
respiratory syncytial virus (RSV) or passing away during their
sleep from SIDS.
These fears further intensify parents’ stress, with 53%
reporting they get little to no sleep and more than 40% saying that
they feel extremely on edge and anxious when their baby is
sick.
Parents Rely on Technology to Help Alleviate Their
Anxiety While the data finds that parents are alike in their
worries and fears, it also shows commonality through the tools and
solutions parents need to ease their worries and give them more
peace of mind.
- Nearly three out of four parents feel technology that helps
them monitor their baby has made them feel less stressed and
anxious
- 50% of parents want a monitor that helps them understand if and
when they need to seek medical attention when their baby is
sick
- When their babies are sick, nearly a quarter of parents wish
they had medical-grade health monitoring technology at home
This report follows the recent launch of ‘Only Owlet’ – the
Company’s global initiative that puts a spotlight on the universal
parenting experience and demonstrates first-hand how parents can be
more empowered to take the best care of their baby. Technology,
such as the Owlet Dream Sock®, provides extra reassurance during
parents’ most vulnerable moments and allows them to feel more in
control of their baby’s well-being and safety. 96% of Owlet parents
surveyed have reported more peace of mind and 94% have reported
better quality of sleep.5
“In today’s rapidly changing world, the challenges of parenting
have never been more pronounced, and the demands on new parents are
greater than ever. This new data paints a vivid picture of the
modern parenting experience, revealing both the emotional weight
and the necessity for solutions,” said Kurt Workman, Owlet Chief
Executive Officer and Co-Founder. “We are committed to being a
reliable source of support for parents everywhere as we better
understand the needs of those who are caring for and raising the
next generation.”
To view the full State of Parenting Report and read stories from
Owlet parents, please visit www.owletcare.com/pages/why-owlet.
Survey Methodology & Additional References: The total
sample size was 3,012 parents (16+) with children aged 1 and under
across Germany, the U.K. and the U.S. The research was conducted
from 06.13.2024 – 06.18.2024. Censuswide abides by and employs
members of the Market Research Society which is based on the ESOMAR
principles. Regional data for the U.S., U.K and German markets can
be made available.
1:
https://www.snuz.co.uk/blogs/sleep-talk/the-truth-about-sleep-snuz-sleep-survey-results
2:
https://www.graham-center.org/content/dam/rgc/documents/publications-reports/reports/PrimaryCareChartbook2021.pdf
3: https://www.ncbi.nlm.nih.gov/books/NBK526418/ 4:
https://www.cdc.gov/maternal-infant-health/infant-mortality/index.html
5. Reducing Caregiver Stress From At-Home Infant Monitoring:
Results from a survey of Owlet Sock user experiences. Lehi, Utah:
Owlet Baby Care, Inc.
About Owlet, Inc. Owlet’s digital health infant
monitoring platform is transforming the journey of parenting.
Owlet, Inc. (NYSE:OWLT), a small-cap healthcare growth equity,
offers FDA-authorized medical and consumer pediatric wearables and
an integrated HD visual and audio camera that provide real-time
data and insights to parents who safeguard health, optimize
wellness, and ensure peaceful sleep, for their children.
Since 2012, over 2 million parents worldwide have used Owlet’s
platform contributing to one of the largest collections of consumer
infant health and sleep data. The Company continues to develop
software and digital data solutions to bridge the current
healthcare gap between hospital and home and bring new insights to
parents and caregivers globally. Owlet believes that every child
deserves to live a long, happy, and healthy life. To learn more,
visit www.owletcare.com.
Forward-Looking Statements This press release contains
forward-looking statements within the meaning of the Private
Securities Litigation Reform Act of 1995 (the “Reform Act”). All
statements contained in this press release that do not relate to
matters of historical fact should be considered forward-looking
statements, including, without limitation, statements regarding the
Company’s expected financial performance, including the Company’s
financial outlook, outlook based upon regulatory authorizations or
product enhancements, growth prospects, and future operational
efficiencies or results and expected market opportunity and
acceptance. In some cases, you can identify forward-looking
statements by terms such as “estimate,” “may,” “believes,” “plans,”
“expects,” “anticipates,” “intends,” “goal,” “potential,”
“upcoming,” “outlook,” “guidance,” the negation thereof, or similar
expressions, although not all forward-looking statements contain
these identifying words. Forward-looking statements are based on
the Company’s expectations at the time such statements are made,
speak only as of the dates they are made and are susceptible to a
number of risks, uncertainties and other factors. For all such
forward-looking statements, the Company claims the protection of
the safe harbor for forward-looking statements contained in the
Reform Act. The Company’s actual results, performance or
achievements may differ materially from any future results,
performance or achievements expressed or implied by our
forward-looking statements. Many important factors could affect the
Company’s future results and cause those results to differ
materially from those expressed in or implied by the Company’s
forward-looking statements. Such factors include, but are not
limited to, (i) the regulatory pathway for Owlet’s products,
including submissions to, actions taken by and decisions and
responses from regulators, such as the FDA and similar regulators
outside of the United States, as well as Owlet’s ability to obtain
and maintain regulatory approval or certification for our products
and other regulatory requirements and legal proceedings; (ii)
Owlet’s competition and the Company’s ability to profitably grow
and manage growth; (iii) the Company’s ability to enhance future
operating and financial results or obtain additional financing to
continue as a going concern; (iv) Owlet’s ability to obtain
additional financing in the future, as well risks associated with
the Company’s current loan and debt agreements, including
compliance with debt covenants, restrictions on the Company’s
access to capital, the impact of the Company’s overall debt levels
and the Company’s ability to generate sufficient future cash flows
to meet Owlet’s debt service obligations and operate Owlet’s
business; (v) the ability of Owlet to implement strategic
initiatives, reduce costs, grow revenues, develop and launch new
products, innovate and enhance existing products, meet customer
demands and adapt to changes in consumer preferences and retail
trends; (vi) Owlet’s ability to acquire, defend and protect its
intellectual property and satisfy regulatory requirements,
including but not limited to requirements concerning privacy and
data protection, breaches and loss, as well as other risks
associated with Owlet’s digital platforms and technologies; (vii)
Owlet’s ability to maintain relationships with customers,
manufacturers and suppliers and retain Owlet’s management and key
employees; (viii) Owlet’s ability to upgrade and maintain its
information technology systems; (ix) changes in applicable laws or
regulations; (x) the impact of and disruption to Owlet’s business,
financial condition, operations, supply chain and logistics due to
economic and other conditions beyond the Company’s control, such as
health epidemics or pandemics, macro-economic uncertainties, social
unrest, hostilities, natural disasters or other catastrophic
events; (xi) the possibility that Owlet may be adversely affected
by other economic, business, regulatory, competitive or other
factors, such as changes in discretionary consumer spending and
consumer preferences; and (xii) other risks and uncertainties set
forth in the Company’s other releases, public statements and
filings with the U.S. Securities and Exchange Commission (“SEC”),
including those identified in the “Risk Factors” section of the
Company’s Annual Report on Form 10-K for the fiscal year ended
December 31, 2023, as updated in the Company’s Quarterly Report on
Form 10-Q for the quarterly period ended June 30, 2024, as any such
factors may be updated from time to time in the Company’s other
filings with the SEC. All such forward-looking statements
attributable to the Company or any person acting on the Company’s
behalf are expressly qualified in their entirety by the cautionary
statements contained or referred to above. Moreover, the Company
operates in an evolving environment. Except as required by law, the
Company assumes no obligation to update any forward-looking
statements after the date of this press release, whether because of
new information, future events or otherwise, although Owlet may do
so from time to time. The Company does not endorse any projections
regarding future performance that may be made by third parties.
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version on businesswire.com: https://www.businesswire.com/news/home/20240924164491/en/
Media: pr@owletcare.com
Grafico Azioni Sandbridge Aquisition (NYSE:OWLT)
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Da Ott 2024 a Nov 2024
Grafico Azioni Sandbridge Aquisition (NYSE:OWLT)
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Da Nov 2023 a Nov 2024
