I replaced my battery in my old Polar Hrm with one out of another watch it's a different battery but I managed to make it fit and it works.
And I replaced the battery in my chest strap thing as well, that was a bit more difficult and it involved cutting open the case, prising the old battery out as it was spot welded in then stuffing a new battery in and taping the whole thing back up and it works, but it's not pretty.