Global Sleep Tech Devices Market Size Study, by Product Type, by Application, by Distribution Channel and Regional Forecasts 2022-2032

Description

Global Sleep Tech Devices Market is valued at approximately USD 21.20 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 18.22% over the forecast period 2024-2032. Sleep tech devices represent a revolutionary approach to enhancing sleep quality and overall health by integrating advanced technology with sleep science. These devices range from wearable trackers that monitor sleep patterns and provide data on heart rate and movement, to non-wearable devices such as smart mattresses and sound machines that offer personalized sleep insights and improvements.

The Global Sleep Tech Devices Market is driven by increasing prevalence of sleep disorders, such as sleep apnea and insomnia, is significantly driving the demand for sleep tech devices. Furthermore, technological advancements in these devices, combined with rising awareness about their benefits, are contributing to market expansion. The growing geriatric population, which is more prone to sleep disorders, also presents a significant market opportunity. However, the high cost of these devices and stringent regulatory frameworks may pose challenges to market growth.

The key regions considered for the market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America is expected to witness the highest growth in the sleep tech devices market during the forecast period. The presence of key market players, a high incidence of sleep disorders, and growing awareness about early disease detection are some of the critical factors fueling the market in this region. This prevalence has led to an increased adoption of sleep tech devices, thereby boosting product demand.

Major market players included in this report are:

ResMed
Philips
Withings
Fitbit
Garmin
Sleep Number
Emfit
Dreem
Oura
Beddit
SleepScore Labs
Eight Sleep
Neuroon
ZEEQ by REM-Fit
Sleepace

The detailed segments and sub-segment of the market are explained below:

By Product Type:

Wearables
Non-wearables

By Application:

Insomnia
Obstructive Sleep Apnea
Narcolepsy
Others

By Distribution Channel:

Sleep Centers and Fitness Centers
Hypermarkets and Supermarkets
E-commerce
Pharmacy and Retail Stores
Others

By Region:

North America:

U.S.
Canada

Europe:

UK
Germany
France
Spain
Italy
ROE

Asia Pacific:

China
India
Japan
Australia
South Korea
RoAPAC

Latin America:

Brazil
Mexico
RoLA

Middle East & Africa:

Saudi Arabia
South Africa
RoMEA

Years considered for the study are as follows:

Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market

Chapter 1. Global Sleep Tech Devices Market Executive Summary

1.1. Global Sleep Tech Devices Market Size & Forecast (2022-2032)
1.2. Regional Summary
1.3. Segmental Summary
- 1.3.1. By Product Type
- 1.3.2. By Application
- 1.3.3. By Distribution Channel
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Sleep Tech Devices Market Definition and Research Assumptions

2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
- 2.3.1. Inclusion & Exclusion
- 2.3.2. Limitations
- 2.3.3. Supply Side Analysis
  - 2.3.3.1. Availability
  - 2.3.3.2. Infrastructure
  - 2.3.3.3. Regulatory Environment
  - 2.3.3.4. Market Competition
  - 2.3.3.5. Economic Viability (Consumer's Perspective)
- 2.3.4. Demand Side Analysis
  - 2.3.4.1. Regulatory Frameworks
  - 2.3.4.2. Technological Advancements
  - 2.3.4.3. Environmental Considerations
  - 2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates

Chapter 3. Global Sleep Tech Devices Market Dynamics

3.1. Market Drivers
- 3.1.1. Increasing Prevalence of Sleep Disorders
- 3.1.2. Technological Advancements in Sleep Tech Devices
- 3.1.3. Rising Awareness About Sleep Health
3.2. Market Challenges
- 3.2.1. High Cost of Sleep Tech Devices
- 3.2.2. Stringent Regulatory Framework
3.3. Market Opportunities
- 3.3.1. Growing Geriatric Population
- 3.3.2. Rising Demand for Portable and Efficient Devices

Chapter 4. Global Sleep Tech Devices Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
- 4.1.6. Futuristic Approach to Porter's 5 Force Model
- 4.1.7. Porter's 5 Force Impact Analysis
4.2. PESTEL Analysis
- 4.2.1. Political
- 4.2.2. Economical
- 4.2.3. Social
- 4.2.4. Technological
- 4.2.5. Environmental
- 4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Sleep Tech Devices Market Size & Forecasts by Product Type 2022-2032

5.1. Segment Dashboard
5.2. Global Sleep Tech Devices Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 5.2.1. Wearables
- 5.2.2. Non-wearables

Chapter 6. Global Sleep Tech Devices Market Size & Forecasts by Application 2022-2032

6.1. Segment Dashboard
6.2. Global Sleep Tech Devices Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 6.2.1. Insomnia
- 6.2.2. Obstructive Sleep Apnea
- 6.2.3. Narcolepsy
- 6.2.4. Others

Chapter 7. Global Sleep Tech Devices Market Size & Forecasts by Distribution Channel 2022-2032

7.1. Segment Dashboard
7.2. Global Sleep Tech Devices Market: Distribution Channel Revenue Trend Analysis, 2022 & 2032 (USD Billion)
- 7.2.1. Sleep Centers and Fitness Centers
- 7.2.2. Hypermarkets and Supermarkets
- 7.2.3. E-commerce
- 7.2.4. Pharmacy and Retail Stores
- 7.2.5. Others

Chapter 8. Global Sleep Tech Devices Market Size & Forecasts by Region 2022-2032

8.1. North America Sleep Tech Devices Market
- 8.1.1. U.S. Sleep Tech Devices Market
  - 8.1.1.1. Product Type breakdown size & forecasts, 2022-2032
  - 8.1.1.2. Application breakdown size & forecasts, 2022-2032
  - 8.1.1.3. Distribution Channel breakdown size & forecasts, 2022-2032
- 8.1.2. Canada Sleep Tech Devices Market
8.2. Europe Sleep Tech Devices Market
- 8.2.1. UK Sleep Tech Devices Market
- 8.2.2. Germany Sleep Tech Devices Market
- 8.2.3. France Sleep Tech Devices Market
- 8.2.4. Spain Sleep Tech Devices Market
- 8.2.5. Italy Sleep Tech Devices Market
- 8.2.6. Rest of Europe Sleep Tech Devices Market
8.3. Asia-Pacific Sleep Tech Devices Market
- 8.3.1. China Sleep Tech Devices Market
- 8.3.2. India Sleep Tech Devices Market
- 8.3.3. Japan Sleep Tech Devices Market
- 8.3.4. Australia Sleep Tech Devices Market
- 8.3.5. South Korea Sleep Tech Devices Market
- 8.3.6. Rest of Asia Pacific Sleep Tech Devices Market
8.4. Latin America Sleep Tech Devices Market
- 8.4.1. Brazil Sleep Tech Devices Market
- 8.4.2. Mexico Sleep Tech Devices Market
- 8.4.3. Rest of Latin America Sleep Tech Devices Market
8.5. Middle East & Africa Sleep Tech Devices Market
- 8.5.1. Saudi Arabia Sleep Tech Devices Market
- 8.5.2. South Africa Sleep Tech Devices Market
- 8.5.3. Rest of Middle East & Africa Sleep Tech Devices Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. ResMed
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Market Strategies
- 9.3.2. Philips
- 9.3.3. Withings
- 9.3.4. Fitbit
- 9.3.5. Garmin
- 9.3.6. Sleep Number
- 9.3.7. Emfit
- 9.3.8. Dreem
- 9.3.9. Oura
- 9.3.10. Beddit
- 9.3.11. SleepScore Labs
- 9.3.12. Eight Sleep
- 9.3.13. Neuroon
- 9.3.14. ZEEQ by REM-Fit
- 9.3.15. Sleepace

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes