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Sleep Disorder Market Trends

  • Report ID: GMI5172
  • Published Date: Nov 2024
  • Report Format: PDF

Sleep Disorder Market Trends

Technological advancements in sleep tech devices are significantly propelling growth in the market. Innovations in this area include wearable devices, smart home-integrated sleep monitors, and sophisticated diagnostic and therapeutic equipment, all designed to improve sleep quality and address sleep disorders.
 

  • Wearable devices, such as smartwatches and fitness bands, now come equipped with advanced sensors that can track sleep patterns, stages, and duration. By providing continuous, real-time data on an individual’s sleep cycles, these devices allow users and healthcare providers to gain valuable insights into sleep behaviors and potential disorders. The convenience and accessibility of wearables make them particularly appealing for early detection and self-monitoring, contributing to rising consumer demand and expanding the market for sleep disorder solutions.
     
  • Additionally, recent advancements in diagnostic technologies, including portable sleep monitors and home sleep testing (HST) devices, are revolutionizing the diagnosis of sleep disorders. Previously, sleep studies required an overnight stay at a sleep clinic; however, portable diagnostic devices now allow patients to be monitored from the comfort of their homes. These advanced diagnostic tools are equipped with sensors that track respiratory rate, oxygen levels, and brain activity, providing comprehensive data for accurate diagnoses of sleep disorders like sleep apnea. This shift toward at-home diagnostics has expanded the market by making sleep disorder evaluations more accessible and convenient.
Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The global sleep disorder industry was valued at USD 27.6 billion in 2024 and is expected to grow at a CAGR of 10.1% from 2025 to 2034, driven by the increasing prevalence of sleep disorders and rising demand for advanced devices.

The therapeutics segment is projected to expand at a 10.5% CAGR, reaching over USD 47.2 billion by 2034, due to technological advancements in therapeutic devices, particularly for sleep apnea.

The North America sleep disorder market recorded USD 10.6 billion in revenue in 2024 and is anticipated to grow at a CAGR of 9.6% between 2025 and 2034, driven by a large population affected by sleep disorders.

Key players in the industry include Apple Inc., Asahi Kasei Corporation, BMC Medical, Cadwell Laboratories, Drive DeVilbiss International, Fisher & Paykel Healthcare, Fitbit I, Koninklijke Philips N.V., LivaNova, Natus Medical, Nihon Kohden, and Oura Health.

Sleep Disorder Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 19
  • Tables & Figures: 134
  • Countries covered: 19
  • Pages: 140
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