Sleep Tech Devices Market: By Product, By Application, By Distribution Channel, By End User   and Geography  

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Sleep Tech Devices Market Size, Share, Growth, Trends, and Global Industry Analysis: By Product (Wearables & Fitness Trackers, Smart Beds & Mattresses), By Application (Snoring, Sleep Apnea, Circadian Disorders, Insomnia, Others), By Distribution Channel (E-commerce, Specialty Stores, Others), By End User (Hospitals, Homecare Settings, Others)  and Region  

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Sleep Tech Devices Market size was valued at US$ 15,233.2 million in 2023 and is expected to grow at a significant CAGR of 16.8% from 2024-2030. Electronic gadgets that track sleep hours accurately are known as sleep tech devices, and they help the body fall asleep more easily. Additionally, a range of features are employed by sleep tech gadgets to enhance many aspects of sleep management, including heartbeat, breathing rhythm, movement, phases of sleep, snoring, and the sleeping environment, including light and noise levels. These gadgets offer information that can be used to better understand sleep patterns and find strategies to prevent sleep loss.

The global market provides a detailed overview of the market that can be segmented by product, application, distribution channel, and end-user. By product, the market has been segmented into Wearables and fitness Trackers, Smart Beds, and mattresses. The wearables segment is likely to be the largest and fastest-growing segment in terms of product. Based on application, the sleep tech devices market is segmented into Snoring, Sleep Apnea, Circadian Disorders, Insomnia, and Others. Among these, the snoring segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on distribution channels, the sleep tech devices market is segmented into E-commerce, Specialty Stores, and Others. The e-commerce segment is expected to dominate the market in the future. Based on end use, the market has been segmented into Hospitals, Homecare Settings, and Others. The hospital segment is expected to grow at the highest CAGR over the forecast years according to Precision Business Insights.

Sleep Tech Devices Market Key Development:
  • In February 2019, Apple Inc. launched a sleep-tracking feature for a future version of its smartwatch. This strategy enhanced the company's ability to expand its offerings in the sleep tech devices market.

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Sleep Tech Devices Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

16.8%

Largest Market

North American

Fastest Growing Market

Asia-Pacific

Sleep Tech Devices Market Dynamics

Factors such as Increasing demand for portable and efficient sleep therapeutic devices are anticipated to pave the way for lucrative growth for industry participants. Moreover, the rise in R&D for the development of newer devices also an immense boost to the market over the forecast years.

Sleep Tech Devices Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 15,233.2 million

Market CAGR

16.8%

By Product

  • Wearables & Fitness Trackers
  • Smart Beds & Mattresses

By Application

  • Snoring
  • Sleep Apnea
  • Circadian Disorders
  • Insomnia, Others

By Distribution Channel

  • E-commerce
  • Specialty Stores
  • Others

By End User

  • Hospitals
  • Homecare Settings
  • Others

Key Features of the Report

  • The sleep tech devices market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The sleep tech devices market report covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
  • The sleep tech devices market report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The sleep tech devices market report tracks recent innovations, key developments, and start-up details that are actively working in the market
  • The sleep tech devices market report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario

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Frequently Asked Questions

The sleep tech devices market is projected to expand at a CAGR of 16.8% during the forecast period

The major players in the global Sleep Tech Devices Market are Phillips N.V, Xiaomi, Nihon Kodan Corp, ProSomnus Sleep Technologies, Eight Sleep, Dodow, Casper, Compumedics, Sleep Shepherd, Sleepace, Oura Health.

Asia Pacific is the fastest-growing region for sleep tech devices market

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Sleep Tech Devices Market Introduction
2.1. Global Sleep Tech Devices Market Taxonomy
2.2. Global Sleep Tech Devices Market Definitions
2.2.1. By Product
2.2.2.  By Application
2.2.3. By Distribution Channel
2.2.4. By End-Use
3. Global Sleep Tech Devices Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Global Sleep Tech Devices Market Dynamic Factors - Impact Analysis
3.6. Global Sleep Tech Devices Market Competition Landscape
4. Global Sleep Tech Devices Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030
4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
4.2. Year-over-Year (Y-o-Y) Growth Analysis (%)
4.3. Market Opportunity Analysis
5. Global Sleep Tech Devices Market Forecast, By Product, 2019 - 2023 and Forecast, 2024 - 2030
5.1. Wearables & Fitness Trackers
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.1.3. Market Opportunity Analysis
5.2. Smart Beds & Mattresses
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
5.2.3. Market Opportunity Analysis
6. Global Sleep Tech Devices Market Forecast, By Application, 2019 - 2023 and Forecast, 2024 - 2030
6.1. Snoring
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.1.3. Market Opportunity Analysis
6.2. Sleep Apnea
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.2.3. Market Opportunity Analysis
6.3. Circadian Disorders
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.3.3. Market Opportunity Analysis
6.4. Insomnia
6.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.4.3. Market Opportunity Analysis
6.5. Others
6.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
6.5.3. Market Opportunity Analysis
7. Global Sleep Tech Devices Market Forecast, By Distribution Channel, 2019 - 2023 and Forecast, 2024 - 2030
7.1. E-commerce
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.1.3. Market Opportunity Analysis
7.2. Specialty Stores
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.2.3. Market Opportunity Analysis
7.3. Others
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
7.3.3. Market Opportunity Analysis
8. Global Sleep Tech Devices Market Forecast, By End-Use, 2019 - 2023 and Forecast, 2024 - 2030
8.1. Hospitals
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.1.3. Market Opportunity Analysis
8.2. Homecare Settings
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.2.3. Market Opportunity Analysis
8.3. Others
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
8.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
8.3.3. Market Opportunity Analysis
9. Global Sleep Tech Devices Market Forecast, By Region, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
9.1. North America
9.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.1.3. Market Opportunity Analysis
9.2. Europe
9.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.2.3. Market Opportunity Analysis
9.3. Asia-Pacific
9.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.3.3. Market Opportunity Analysis
9.4. Latin America
9.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.4.3. Market Opportunity Analysis
9.5. Middle East and Africa
9.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn)
9.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%)
9.5.3. Market Opportunity Analysis
9.6. Global Sleep Tech Devices Market - Opportunity Analysis Index, By Product, By Application, By Distribution Channel, By End-Use and Region, 2024 - 2030
10. North America Sleep Tech Devices Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
10.1. By Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.1.1. Wearables & Fitness Trackers
10.1.2. Smart Beds & mattresses
10.1.3. Others
10.2. By Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.2.1. Snoring
10.2.2. Sleep Apnea
10.2.3. Circadian Disorders
10.2.4. Insomnia
10.2.5. Others
10.3. By Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.3.1. E-commerce
10.3.2. Specialty Stores
10.3.3. Others
10.4. By End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
10.4.1. Hospitals
10.4.2. Homecare Settings
10.4.3. Others
10.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
10.5.1. USA
10.5.2. Canada
10.6. North America Sleep Tech Devices Market - Opportunity Analysis Index, By Product, By Application, By Distribution Channel, By End-Use and Country, 2024 - 2030
10.7. North America Sleep Tech Devices Market Dynamics Trends
11. Europe Sleep Tech Devices Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
11.1. By Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.1.1. Wearables & Fitness Trackers
11.1.2. Smart Beds & mattresses
11.1.3. Others
11.2. By Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.2.1. Snoring
11.2.2. Sleep Apnea
11.2.3. Circadian Disorders
11.2.4. Insomnia
11.2.5. Others
11.3. By Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.3.1. E-commerce
11.3.2. Specialty Stores
11.3.3. Others
11.4. By End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
11.4.1. Hospitals
11.4.2. Homecare Settings
11.4.3. Others
11.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
11.5.1. Germany
11.5.2. UK
11.5.3. France
11.5.4. Spain
11.5.5. Italy
11.5.6. Russia
11.5.7. Poland
11.5.8. Rest of Europe
11.6. Europe Sleep Tech Devices Market - Opportunity Analysis Index, By Product, By Application, By Distribution Channel, By End-Use and Country, 2024 - 2030
11.7. Europe Sleep Tech Devices Market Dynamics Trends
12. Asia-Pacific Sleep Tech Devices Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
12.1. By Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.1.1. Wearables & Fitness Trackers
12.1.2. Smart Beds & mattresses
12.1.3. Others
12.2. By Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.2.1. Snoring
12.2.2. Sleep Apnea
12.2.3. Circadian Disorders
12.2.4. Insomnia
12.2.5. Others
12.3. By Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.3.1. E-commerce
12.3.2. Specialty Stores
12.3.3. Others
12.4. By End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
12.4.1. Hospitals
12.4.2. Homecare Settings
12.4.3. Others
12.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
12.5.1. Japan
12.5.2. China
12.5.3. India
12.5.4. ASEAN
12.5.5. Australia & New Zealand
12.5.6. Rest of Asia-Pacific
12.6. Asia-Pacific Sleep Tech Devices Market - Opportunity Analysis Index, By Product, By Application, By Distribution Channel, By End-Use and Country, 2024 - 2030
12.7. Asia-Pacific Sleep Tech Devices Market Dynamics Trends
13. Latin America Sleep Tech Devices Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
13.1. By Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.1.1. Wearables & Fitness Trackers
13.1.2. Smart Beds & mattresses
13.1.3. Others
13.2. By Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.2.1. Snoring
13.2.2. Sleep Apnea
13.2.3. Circadian Disorders
13.2.4. Insomnia
13.2.5. Others
13.3. By Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.3.1. E-commerce
13.3.2. Specialty Stores
13.3.3. Others
13.4. By End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
13.4.1. Hospitals
13.4.2. Homecare Settings
13.4.3. Others
13.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
13.5.1. Brazil
13.5.2. Mexico
13.5.3. Argentina
13.5.4. Rest of Latin America
13.6. Latin America Sleep Tech Devices Market - Opportunity Analysis Index, By Product, By Application, By Distribution Channel, By End-Use and Country, 2024 - 2030
13.7. Latin America Sleep Tech Devices Market Dynamics Trends
14. Middle East and Africa Sleep Tech Devices Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030 (Revenue, USD Mn) 
14.1. By Product Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.1.1. Wearables & Fitness Trackers
14.1.2. Smart Beds & mattresses
14.1.3. Others
14.2. By Application Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.2.1. Snoring
14.2.2. Sleep Apnea
14.2.3. Circadian Disorders
14.2.4. Insomnia
14.2.5. Others
14.3. By Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.3.1. E-commerce
14.3.2. Specialty Stores
14.3.3. Others
14.4. By End-Use Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%)
14.4.1. Hospitals
14.4.2. Homecare Settings
14.4.3. Others
14.5. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%)
14.5.1. Gulf Cooperation Council (GCC) Countries
14.5.2. Israel
14.5.3. South Africa
14.5.4. Rest of MEA
14.6. MEA Sleep Tech Devices Market - Opportunity Analysis Index, By Product, By Application, By Distribution Channel, By End-Use and Country, 2024 - 2030
14.7. MEA Sleep Tech Devices Market Dynamics Trends
15. Competition Landscape 
15.1. Strategic Dashboard of Top Market Players
15.2. Company Profiles (Introduction, Financial Analysis, Feedstock Material & Service Offerings, Key Developments, Strategies, and SWOT Analysis)
15.2.1. Phillips N.V
15.2.2. Xiaomi
15.2.3. Nihon Kodan Corp
15.2.4. ProSomnus Sleep Technologies
15.2.5. Eight Sleep
15.2.6. Dodow
15.2.7. Casper
15.2.8. Compumedics
15.2.9. Sleep Shepherd
15.2.10. Sleepace
15.2.11. Oura Health
16. Research Methodology
17. Key Assumptions and Acronyms

Key Market Players

  • Phillips N.V
  • Xiaomi
  • Nihon Kodan Corp
  • ProSomnus Sleep Technologies
  • Eight Sleep
  • Dodow
  • Casper
  • Compumedics
  • Sleep Shepherd
  • Sleepace
  • Oura Health

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