Sleep Tech Devices Market Forecast 2030: Emerging Trends

Future Sleep Tech Devices Market: Key Dynamics, Size & Share Analysis

The Global Sleep Tech Devices Market size was valued at around USD 20,837 million in 2024 and is expected to reach USD 54,273 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 17.30% during the forecast period, i.e., 2025-30. The global sleep tech devices industry is substantially growing due to several factors such as the high burden of sleep disorders, the increasing concerns related to sleep health, the expansion of digital healthcare facilities backed by government support of various countries, the rising adoption of telehealth services and the rising integration of technological advancements such as Deep Learning, Internet of Things, AI, and many more.

Top Market Challenges Impacting the Sleep Tech Devices Market Growth

Geographic Disparities & High Cost Hindering Market Growth – Geographic disparities are a major challenge to this market, as the rural and remote areas have limited accessibility and infrastructure for digital and advanced healthcare services, including sleep tech solutions for better sleep health. Additionally, medical devices like sleep tech devices are connected through mobile phones via internet connections, and the rural areas have a very low internet penetration rate, which is further hampering the market’s growth.

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Understanding the Core Segments in the Sleep Tech Devices Market

Sleep Tech Devices Market Size, Share & Industry Trends Analysis- By Product (Wearables [Watches, Bands, Earbuds, Others], Non-wearables [Sleep Monitors, Bed Sensors, Others]), By Application (Insomnia, Obstructive Sleep Apnea, Narcolepsy, Others), By End User (Hospitals, Homecare Setting) and Others.

Geographical Analysis of the Sleep Tech Devices Market

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

North America holds the largest market share of about 40%.

Who Dominates the Sleep Tech Devices Market Insights on Key Industry Players?

Companies are strengthening their presence in the Sleep Tech Devices market by adopting strategies such as forming strategic alliances, leveraging AI, entering partnerships, pursuing mergers and acquisitions, expanding into new regions, and introducing innovative products and services.

ResMed
Philips
Withings
Fitbit
Garmin
Oura Health Oy
Eight Sleep
Sleep Number
Apple Inc.
Sleepace
Huawei Device Co., Ltd.
Xiaomi
Emfit Corp.
Dreem
SleepScore Labs
Others

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