Apple Watch 7, which is due to be launched later this year, will have a different look and a speedier processor than its predecessor, the Apple Watch 6. However, the rumored, big health updates are likely to come in 2022 or later, Bloomberg reported Monday.

According to the report, which cites people with knowledge of Apple's plans, the Apple Watch 7 will likely have a thinner display with reduced bezels compared to last year's model. Interestingly, the Watch 7 will be "slightly thicker," which may indicate a bigger battery, but the report doesn't mention battery life.

The Apple Watch 7 will also feature ultra-wideband functionality, as seen in Apple AirTags, as well as a faster processor.

Apple Watch 6 was launched in September 2020, a month ahead of the iPhone 12 launch, so it's likely that the Apple Watch 7 will launch in the fall as well.

Things get a bit more interesting when we look ahead, into 2022. According to the report, that year's model will likely have a body temperature sensor. As for the rumored blood-sugar sensor, it's unlikely to be ready for a commercial launch for a few more years.

Apple considered adding the body temperature sensor into this year's model, but the report claims it's "more likely" to happen next year. It would be a pity — a body temperature sensor on a wearable makes a lot of sense in times of the Covid-19 pandemic. As for the blood-sugar sensor, it could help people with diabetes monitor their glucose levels.

Bloomberg also says Apple is working on an "extreme sports" variant of the Watch, likely to be released in 2022. There's no word on features for that one, though a previous report said it would have better impact and water resistance than the standard versions.

Finally, Apple is also likely to launch a successor to the cheaper Apple Watch SE in 2022.