openPR Logo
Press release

Sleep Tracker Market Outlook 2019 - Growth Drivers, Opportunities and Forecast Analysis to 2025

02-19-2020 09:52 AM CET | Health & Medicine

Press release from: Global Market Insights, Inc.

Sleep Tracker Market

Sleep Tracker Market

Sleep Tracker Market size is projected to experience significant growth from 2019 to 2025. Increasing incidence of various sleep disorders will stimulate the global sleep tracker market growth in the forthcoming years. Sleep disorders are common problems affecting the sleep duration and quality of sleep received by an individual. About 33-45% of the Australian adults suffer from various sleep disorders. Conditions such as excessive snoring may result in development of serious disorders including sleep apnea, breath obstruction and may exert pressure on the heart. Thus, with growing incidence of sleep disorders, the demand for effective sleep tracking solutions will upsurge over the coming years.

Growing wearable technology used in monitoring of various health parameters will boost the demand for sleep trackers over the coming years. Wearable medical devices offer high convenience and remote monitoring of numerous parameters. Besides, these devices are light weight, comfortable and the results can be viewed on a smartphone. Recent advances in wearable technology coupled with rapid adoption of smart wearable devices among young population will stimulate the global sleep tracker industry growth over the coming years.

Request sample copy of this report @ https://www.gminsights.com/request-sample/detail/4211

However, considerably high costs associated with sleep trackers may hinder the sleep tracker market growth to a certain extent, in the forthcoming years.

Global wearable sleep trackers will witness lucrative growth over the forecast period due to the rising incidence of sleep disorders such as insomnia and sleep apnea. According to the American Academy of Sleep Medicine (AASM), in 2018, about 30-35% of adults suffered from insomnia in the U.S. and approximately 10% of adults suffered from chronic insomnia. Recent technological advancements such as Oura Ring, the most accurate sleep activity tracker that detects the stress level, sleep, and overall health, will positively impact the segmental growth.

Make Inquiry about this report @ https://www.gminsights.com/inquiry-before-buying/4211

The demand for sleep trackers will rapidly rise through e-commerce distribution channel due to growing internet penetration in emerging countries. Large population is seeking online distribution channels for product purchase due to greater convenience and availability of a wide range of products. Expanding number of online stores will further boost the sale of sleep trackers over the upcoming years, thereby stimulating the segment growth.

U.S. sleep tracker market is estimated to hold for significant market share during the analysis period. High growth can be attributed to increasing population base suffering from sleep disorders including sleep apnea, insomnia, restless-leg syndrome among few others. As per the American Sleep Apnea Association, about 11% of the American adults reported regarding insufficient sleep every night. Several associations, foundation and research groups are focusing on R&D regarding sleep disorders and its treatment in the nation. Moreover, presence of prominent market players such as Apple and FitBit, focusing on the development of novel sleep tracking solution will spur the U.S. sleep tracker industry growth over the forecast years.

China sleep tracker market is projected to grow at a momentous pace in the coming years due to rapidly rising geriatric population across the country. Elderly population are at a greater risk of suffering from various sleep-related disorders, thus offering lucrative potential for rise in demand for sleep trackers. Additionally, the Chinese technology is available at affordable price and is widely available through online stores. Presence of numerous wearable device manufacturers will further augment the China sleep tracker industry over the estimation period.

Some of the major market players involved in the global sleep tracker market are Apple, Inc., Fitbit, Simmons Bedding Company, Garmin and Emfit among other competitors. Innovative product launch, mergers and acquisitions and collaborations are some of the key strategies adopted by leading players to increase their profitability and gain competitive edge over others. For instance, in March 2019, Fitbit introduced Versa Lite Edition, a smartwatch used to track sleep stages and other health parameters that indicate conditions such as sleep apnea, thereby expanding their product offerings in sleep tracker market.

Company Profiles:
o Apple, Inc.
o Beddit
o Consumer Sleep Solutions LLC
o Emfit Ltd.
o Fitbit, Inc.
o Garmin Ltd.
o Microsoft
o Philips
o ResMed
o Samsung
o Simmons Bedding Company LLC
o Sleep Number Corporation
o Xiaomi

Browse more reports: -

Inferior Vena Cava Filters Market: - https://www.marketwatch.com/press-release/inferior-vena-cava-filters-market-2019-2025-share-forecasts-regional-trends-growth-drivers-2020-02-19

Fluorescence In-situ Hybridization Probe Market: - https://www.marketwatch.com/press-release/fluorescence-in-situ-hybridization-probe-market-outlook-2019---growth-drivers-opportunities-and-forecast-analysis-to-2025-2020-02-19

Thyroid Gland Disorder Treatment Market: - https://www.marketwatch.com/press-release/thyroid-gland-disorder-treatment-market-growth-opportunities-industry-applications-analysis-and-forecast-to-2025-2020-02-19

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Sleep Tracker Market Outlook 2019 - Growth Drivers, Opportunities and Forecast Analysis to 2025 here

News-ID: 1937218 • Views: 255

More Releases from Global Market Insights, Inc.

Ferroalloy Market 2020 Growth analysis and Trends | Jindal Group, ArcelorMittal, …
During the period of 2018-2025, the Ferroalloy Market is anticipated to expand with a CAGR of 5.5 %. The rapidly growing automotive sector is expected to act as a major catalyst for the expansion of ferroalloy market. Iron alloys are extensively used to manufacture various grades of steel such as stainless steel, carbon steel, alloy steel, and tool steel. The rising demand for steel in various end-use sectors such as
Plano Sunglasses Market Growth Analysis and Trends forecast to 2024 | Luxottica …
According to the report, the global Plano Sunglasses Market was estimated at USD 16 billion in 2016 and is expected to hit USD 29 billion by 2024. Plano sunglasses market has been witnessing a remarkable growth rate worldwide with the increasing technological intervention in the global eyewear industry. Growing consumer awareness pertaining to the eye health is providing a significant impetus to the product demand. Request sample copy of this research
Why the Telecom Power Systems Market Is Set To Explode? | Global Players are Alp …
AC telecom power systems market share is projected to witness a CAGR of 8% during the analysis period. AC powered solutions are suitable for heavy input power applications requirements such as telecommunication equipment thermal management systems and data centers. Compared to DC powered telecom systems, these offer a greater advantage in terms of voltage control and cost. Indoor DAS units are usually AC powered. In a telecom network, units providing
Semiconductor Memory Market: What are the Future Growth Opportunities? Top Playe …
Semiconductor memory market players are endeavoring to improve DRAM memory solutions to cater to the towering demand for mobile & computer devices. Mobile devices are highly being integrated with RAM memory to command processor and operate data. Companies are developing several advanced products to offer better performance to semiconductor devices. For instance, in December 2017, Samsung rolled out an eight-gigabit DDR4 RAM chip by incorporating its second-generation 10-nm manufacturing technology

All 5 Releases


More Releases for Sleep

The U.S. Sleep Market
Bharat Book Bureau Provides the Trending Market Research Report on “The U.S. Sleep Market” under "Life Sciences" category. The report provides information on industry overview, market size, latest developments, industry trends, Key players, global presence, and their future prospects. Of a total population of 325 million Americans, 58% are estimated to experience insomnia symptoms or sleep disorders. Companies across America are trying to sell us a perfect night’s sleep with medications,
Sleep Aids Market 2016: Insomnia, Sleep Apnea, Narcolepsy
Sleeps aids are drugs and medical devices that treats sleep disorder or insomnia. Sleep disorder or insomnia is generally caused due to change in sleeping pattern, substance misuse and work issues. Most recent development in Sleep aids involves the use of specialty mattresses, high-tech pillows, drugs and at-home tests. The concept of sleep aids have outpaced the traditional methods as they are effective in reducing the time taken to fall
Slick Sleep supplies complete range of organic sleep products for better sleep a …
United States 04-03-2016. Slick Sleep is the leading supplier of organic sleep products ideal to give you better sleep at night. There is wide variety of sleep products in the market to choose from and all are pertinent to meet your variant specifications. Everyone may experience different type of sleep issues and to deal with them you need the right medicine or precaution. The most common reason of improper sleep
“Sleep Awareness Week” - Sleep Apnea In Children Can Be Cured!
National Sleep Awareness Week March 6-13, 2016 San Diego, CA - TMJ & Sleep Therapy Centre joins National Sleep Foundation in their focus to bring the importance of sleep awareness and education to the American public. NIH (National Institutes for Health) has identified that sleep related breathing problems such as obstructive sleep apnea and snoring affect 50 to 70 million Americans. Obstructive sleep apnea has no age boundaries; it affects both
09-03-2013 | Health & Medicine
ASBA
Sleep & Wellness 2014 conference announced
The American Sleep & Breathing Academy (ASBA) has announced “Sleep & Wellness 2014: A Conference for Professionals.” The conference will be held in Scottsdale, Arizona, on May 1-3, 2014. With its multidisciplinary approach to sleep medicine education, this conference will be the first of its kind. The event will be geared toward physicians, dentists, physician’s assistants, nurse practitioners, respiratory therapists and sleep technicians. Continuing Medical and Dental Education will be
Sleep & Wellness 2014 Conference announced
The American Sleep & Breathing Academy (ASBA) has announced “Sleep & Wellness 2014: A Conference for Professionals.” The conference will be held in Scottsdale, Arizona, on May 1-3, 2014. With its multidisciplinary approach to sleep medicine education, this conference will be the first of its kind. The event will be geared toward physicians, dentists, physician’s assistants, nurse practitioners, respiratory therapists and sleep technicians and technologists. Continuing Medical and Dental Education