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Sleep Tech Devices Market Share

Report ID: GMI4405
Published Date: Sep 2024
Report Format: PDF

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Sleep Tech Devices Market Share

The sleep tech devices industry is characterized by the presence of several established and emerging players that offer a variety of products across the globe. The market players compete based on factors such as product quality, innovation, regulatory compliance, customer service, and pricing strategies.

Sleep Tech Devices Market Companies

Prominent players operating in the sleep tech devices industry include:

Amazon
Apple Inc.
Balluga
BedJet
Eight Sleep
Emfit
Fisher & Paykel
Fitbit Inc.
Garmin
Huawei
Itamar Medical
Koninklijke Philips N.V.
?ura Health
ResMed Inc.
ReST
SleepScore Labs
Smart Nora
Somnofy
Withings
Xiaomi

Authors: Mariam Faizullabhoy , Gauri Wani

Frequently Asked Questions (FAQ) :

The sleep tech devices industry was valued at USD 21.1 billion in 2023 and is anticipated to witness growth at a CAGR of 18.3% through 2032, driven by the increasing awareness regarding product availability, rising geriatric population, and surging demand for portable, efficient & superior devices.

The wearables segment held a dominant market share of 63.9% in 2023, due to their ability to provide comprehensive insights into sleep patterns, heart rate, and overall sleep quality.

North America sleep tech devices market size in 2023 was valued at USD 9 billion and is predicted to grow at a CAGR of 18% through 2032, due to the high prevalence of sleep disorders such as insomnia and sleep apnea, along with cognizance of the importance of sleep health.

Balluga, BedJet, Eight Sleep, Emfit, Fisher & Paykel, Fitbit Inc., Garmin, Huawei, Itamar Medical, and Koninklijke Philips N.V. among others.