Global Sleep Tech Devices Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Wearables, and Non-Wearables.

ByEnd User;

Hospitals, Homecare Settings, and Other.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn646712918 Published Date: January, 2025 Updated Date: February, 2025

Introduction

Global Sleep Tech Devices Market (USD Million), 2021 - 2031

In the year 2024, the Global Sleep Tech Devices Market was valued at USD 22,784.82 million. The size of this market is expected to increase to USD 62,856.53 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 15.6%.

The global sleep tech devices market has witnessed a remarkable surge in recent years, driven by the growing awareness regarding the importance of quality sleep and its impact on overall health and well-being. With the increasing prevalence of sleep disorders such as insomnia, sleep apnea, and restless leg syndrome, consumers are actively seeking technological solutions to monitor and improve their sleep patterns. This burgeoning demand has spurred innovation in the sleep tech industry, leading to the development of a wide range of devices including wearable sleep trackers, smart mattresses, and sleep monitoring apps that utilize advanced sensors and artificial intelligence algorithms to analyze sleep data and provide actionable insights for users to enhance their sleep quality.

The integration of sleep tracking features into mainstream wearable devices like smartwatches and fitness trackers has significantly widened the reach of sleep tech technology, making it more accessible to a broader consumer base. As a result, there has been a growing interest in sleep tech solutions that not only monitor sleep but also offer relaxation techniques, guided meditation, and personalized sleep coaching to help individuals manage stress and improve sleep hygiene. With ongoing advancements in sensor technology, data analytics, and artificial intelligence, the global sleep tech devices market is poised for continued growth as it addresses the evolving needs and preferences of consumers seeking better sleep solutions in an increasingly digitalized world.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Sleep Tech Devices Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Wearable tech adoption for monitoring
        2. Demand for easy-to-use monitoring
        3. Government support for sleep health
        4. AI and machine learning integration
      2. Restraints
        1. Accuracy issues with data
        2. Tech adoption resistance
        3. Compatibility challenges
      3. Opportunities
        1. Remote area distribution expansion
        2. Telemedicine integration
        3. Health professional and consumer education
        4. Mainstream tech device collaboration
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sleep Tech Devices Market, By Product Type, 2021 - 2031 (USD Million)
      1. Wearables
      2. Non-wearables
    2. Global Sleep Tech Devices Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Homecare Settings
      3. Other
    3. Global Sleep Tech Devices Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape Analysis
    1. Company Profiles
      1. Beddit
      2. Casper Sleep Inc
      3. Dodow (LIVLAB)
      4. Dreem
      5. Eight Sleep
      6. Emfit Ltd
      7. Fitbit Inc
      8. Koninklijke Philips N V
      9. Oura Health Ltd
      10. ResMed Inc
  7. Analyst Views
  8. Future Outlook of the Market