Sleep Tech Devices Market Size Report 2032 | DelveInsight

DelveInsight's Sleep Tech Devices Market Insights report provides the current and forecast market analysis, individual leading Sleep Tech Devices Companies' market shares, challenges, Sleep Tech Devices Market Drivers, barriers, trends, and key market Sleep Tech Devices Companies in the market.

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Key Takeaways from the Sleep Tech Devices Market Report
• The global Sleep Tech Devices Market was valued at USD 16,941.46 million in 2023, growing at a CAGR of 17.31% during the forecast period from 2025 to 2032 to reach USD 44,038.42 million by 2032.
• As per DelveInsight estimates, North America is anticipated to dominate the global sleep tech devices market during the forecast period.
• The leading Sleep Tech Devices Companies such as Koninklijke Philips N.V, Huawei Device Co Ltd, ResMed, Xiaomi, Apple Inc, ASUSTeK Computer Inc, SAMSUNG, Masimo, Garmin Ltd, Compumedics Limited, NIHON KOHDEN CORPORATION, Cadwell Industries Inc, Eight Sleep, Emfit Ltd, Ōura Health, Sleep Shepherd LLC, Sleepace, Apollo Neuroscience Inc, Braebon Medical Corporation, Noise, and others.

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Sleep Tech Devices Market Dynamics
One of the key factors influencing the growth of the sleep tech devices market is the increasing prevalence of sleep disorders such as insomnia, sleep apnea, and others coupled with a rise in risk factors such as depression, obesity, and COPD among others affecting sleep quality. As per DelveInsight analysis, in 2023, the total diagnosed prevalent cases of insomnia were estimated to be approximately 85,968,021 cases in the 7MM region which includes the US, France, Germany, Italy, Spain, UK, and Japan.According to World Health Organization 2021, worldwide around 280 million people were suffering from depression in 2019. Several research studies have concluded that individuals going through depression may find it difficult to fall and stay asleep during the night or experience periods of excessive daytime sleepiness.

Sleep Tech Devices Market Segment Analysis
Sleep Tech Devices Market by Product Type (Wearable and Non-Wearable), Application (Obstructive Sleep Apnea (OSA), Insomnia, Narcolepsy, and Others), Distribution Channel (Online and Offline), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). In the product type segment of the sleep tech devices market, the wearable category held a revenue share of 69.69% in 2023.

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Sleep Tech Devices Companies
Koninklijke Philips N.V, Huawei Device Co Ltd, ResMed, Xiaomi, Apple Inc, ASUSTeK Computer Inc, SAMSUNG, Masimo, Garmin Ltd, Compumedics Limited, NIHON KOHDEN CORPORATION, Cadwell Industries Inc, Eight Sleep, Emfit Ltd, Ōura Health, Sleep Shepherd LLC, Sleepace, Apollo Neuroscience Inc, Braebon Medical Corporation, Noise, and others.

Sleep Tech Devices Market Drivers
The demand for sleep tech devices is primarily being boosted by key factors such as the increasing prevalence of sleep disorders such as narcolepsy, insomnia, and others, technological advancements in the product portfolio, coupled with increasing product launches are creating a positive market growth.

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Scope of the Sleep Tech Devices Market Report
• Coverage- Global
• Forecast Period- 2025 to 2032
• Sleep Tech Devices Companies- Koninklijke Philips N.V, Huawei Device Co Ltd, ResMed, Xiaomi, Apple Inc, ASUSTeK Computer Inc, SAMSUNG, Masimo, Garmin Ltd, Compumedics Limited, NIHON KOHDEN CORPORATION, Cadwell Industries Inc, Eight Sleep, Emfit Ltd, Ōura Health, Sleep Shepherd LLC, Sleepace, Apollo Neuroscience Inc, Braebon Medical Corporation, Noise, and others.
• Sleep Tech Devices Market Segmentation By Geography: North America, Europe, Asia-Pacific, and Rest of World

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