(Pocket-lint) - Polar has just announced the M200, the latest in its lineup of smartwatches designed for fitness fanatics. The M200 borrows much of the same technology that can be found in the M400 and M600, but comes in at a more affordable price.

It doesn't run on Android Wear like the M600, but it still has built-in GPS to accurately track your runs, so you don't need to take your phone with you. It also comes with Polar's own heart rate tracking technology, which has been taken from the company's chest-based trackers and put into a watch to monitor the pulse from your wrist.

A full charge will rewards you with six hours of training time, which not only tracks distance and heart rate, but also steps taken and calories burned. You can wear it at night as well where the M200 will monitor your sleep time and sleep quality.

All the data the M200 collects can be viewed in Polar's Flow application for iOS and Android and as an online service. The mobile app will offer suggestions to help improve your training while on the web app, you can join events and groups and look at others' training sessions.

You can also access Polar's Running Program through the mobile app, which offers personalised and adaptive training plans for free. You can choose from 5K, 10K, half-marathon or marathon distances and the app will give you a customised plan based on your fitness level.

And of course, it wouldn't be a smartwatch if it didn't notify you of incoming calls, messages, calendar alerts and social media notifications.

The Polar M200 offers some customisation in the form of changeable straps, with small/medium and medium/large being supplied in Bright Red and Charcoal Black. Mellow Yellow, White, and Fresh Blue are available as optional extras.

The Polar M200 is available now in Bright Red and Charcoal Black for $149 or €149, White, Fresh Blue and Mellow Yellow straps will be available for $19.90.

Writing by Max Langridge.