I think the key is the thing you already noticed: the reviewer probably never saw what makes the app unique. On an iPad with no climbing video in Photos and no Apple Watch heart-rate data in HealthKit, the first screen is "New project" and "Live capture". That looks like a generic camera app, and 4.3(a) is judged largely on that first impression and the metadata.
What I'd change before resubmitting, rather than waiting on the appeal:
Add a built-in sample project: a short bundled climbing clip with sample heart-rate data, opened from something like "Try a sample climb" on the home screen. Then the overlay and zoom-and-follow work instantly, without Photos, HealthKit data or a Watch.
Put it at the top of the review notes: "The core features need an Apple Watch heart-rate recording and a climbing video. To see them without either, tap Try a sample climb on the home screen."
Check how heart rate is positioned in your name, subtitle, keywords and screenshots. "Heart rate" is one of the most crowded categories and a common 4.3 target. If the metadata leads with climbing video (overlay, follow-cam for lead climbing), the app lands in a very different category in the reviewer's eyes.
Make the first screenshots show the finished result: a climber on the wall with the heart-rate graph, not the capture screen.
Since iPhone-only apps are also reviewed on iPad, make sure the sample flow works there in compatibility mode.
If it's rejected again, post the new message here.
Topic:
App Store Distribution & Marketing
SubTopic:
App Review
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