Press release
Sleep Tech Devices Market Set to Soar Projected to Reach USD 45.27 Bn by 2030 with a CAGR of 14.90%
๐๐ฅ๐๐๐ฉ ๐๐๐๐ก ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐThe Global Sleep Tech Devices Market is poised for significant growth over the forecast period, driven by rising awareness of sleep disorders and the growing adoption of advanced technologies for improved sleep quality. According to recent studies, the market was valued at USD 17.12 billion in 2023 and is projected to reach USD 45.27 billion by 2030, growing at a CAGR of 14.90% from 2024 to 2030.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/74482/
๐๐๐ฒ ๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ
The sleep tech devices market includes a range of products such as smart mattresses, wearables, and sleep-tracking devices, aimed at enhancing sleep quality and diagnosing sleep-related disorders. The demand for these devices is fueled by increasing health awareness, advancements in wearable technology, and the integration of AI and IoT in sleep solutions.
Country-Specific Insights
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐๐ญ๐ง๐๐ฆ
Vietnam is experiencing a surge in the adoption of sleep tech devices due to rising urbanization and increasing disposable income. Companies such as ๐ ๐ข๐ญ๐๐ข๐ญ and ๐๐ข๐ญ๐ก๐ข๐ง๐ ๐ฌ have been expanding their market presence through partnerships with local distributors. Recent government initiatives aimed at improving public health awareness are expected to further drive market growth in Vietnam.
๐๐ฅ๐๐๐ฉ ๐๐๐๐ก ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐๐ก๐๐ข๐ฅ๐๐ง๐
Thailand's sleep tech market is seeing increased activity with a focus on wellness tourism. Companies like ๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฌ and ๐๐๐ฌ๐๐๐ have launched innovative devices tailored to the local population. Additionally, mergers such as XYZ Corp's acquisition of a local sleep-tech startup have strengthened market competitiveness.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/74482/
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐๐ฉ๐๐ง
Japan leads in innovation, leveraging AI and IoT technologies in sleep solutions. Japanese firms like ๐๐๐ง๐๐ฌ๐จ๐ง๐ข๐ and ๐๐ฎ๐ซ๐ are heavily investing in R&D to introduce advanced sleep tech devices. The country also witnessed the launch of smart sleep pods designed for workplace use, a growing trend among corporate employees.
๐๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐ก๐ข๐ง๐
China's market is dominated by local players such as ๐๐ฎ๐๐ฐ๐๐ข and ๐๐ข๐๐จ๐ฆ๐ข, who are integrating sleep tracking into their wearables. Recent collaborations between ๐๐ฅ๐ข๐๐๐๐ ๐๐๐๐ฅ๐ญ๐ก and sleep-tech startups have resulted in significant advancements. The market also benefits from government policies encouraging innovation in health tech.
๐๐ฉ๐๐๐ญ๐ข๐จ๐ง ๐ข๐ง ๐๐จ๐ฎ๐ญ๐ก ๐๐จ๐ซ๐๐
South Korea's sleep tech market has seen rapid growth due to increased health consciousness and technological adoption. Key players like Samsung have been pioneering sleep monitoring solutions. Recent developments include the launch of AI-powered sleep devices tailored for the aging population.
๐๐จ ๐ฅ๐๐๐ซ๐ง ๐ฆ๐จ๐ซ๐, ๐ฌ๐ข๐ฆ๐ฉ๐ฅ๐ฒ ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค :https://www.maximizemarketresearch.com/request-sample/74482/
๐๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ ๐ข๐ง ๐๐ข๐ง๐ ๐๐ฉ๐จ๐ซ๐
Singapore's sleep tech market is driven by high health awareness and a tech-savvy population. Companies such as ๐๐๐ซ๐ฆ๐ข๐ง and ๐๐๐๐๐ข๐ญ have introduced premium products targeting the affluent customer base. The government's focus on improving mental health and sleep quality through public campaigns further supports market growth.
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐ญ๐ก๐ ๐๐
The US remains the largest market for sleep tech devices, driven by high prevalence rates of sleep disorders such as insomnia and sleep apnea. Companies like ๐๐ฉ๐ฉ๐ฅ๐, ๐ ๐ข๐ญ๐๐ข๐ญ, and ๐๐ฅ๐๐๐ฉ ๐๐ฎ๐ฆ๐๐๐ซ dominate the market with continuous innovations. The recent acquisition of ๐๐๐ ๐๐ฅ๐๐๐ฉ ๐๐๐๐ก by ๐๐๐ฌ๐๐๐ is expected to enhance product offerings and expand market reach.
๐๐ซ๐๐ง๐๐ฌ ๐ข๐ง ๐๐ฎ๐ซ๐จ๐ฉ๐
Europe's market is characterized by high adoption of wearable technology and a growing focus on personalized sleep solutions. Companies such as Withings and Philips are introducing eco-friendly and AI-driven devices. Germany and the UK remain key contributors, with robust healthcare systems supporting early adoption.
๐๐๐ฒ ๐๐๐๐๐ง๐ญ ๐๐๐ฏ๐๐ฅ๐จ๐ฉ๐ฆ๐๐ง๐ญ๐ฌ
๐๐๐ฌ๐๐๐ acquired ๐๐๐ ๐๐ฅ๐๐๐ฉ ๐๐๐๐ก, expanding its global footprint.
๐๐ฉ๐ฉ๐ฅ๐ launched an updated version of its sleep-tracking feature in the Apple Watch, integrating advanced analytics.
๐๐ก๐ข๐ฅ๐ข๐ฉ๐ฌ introduced a new range of AI-driven sleep solutions targeting the European and US markets.
๐๐๐ง๐๐ฌ๐จ๐ง๐ข๐ partnered with a Japanese university to develop sleep pods for corporate wellness programs.
๐ ๐จ๐ซ ๐ ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐จ๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ, ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐๐:https://www.maximizemarketresearch.com/market-report/global-sleep-tech-devices-market/74482/
๐๐ฅ๐๐๐ฉ ๐๐๐๐ก ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง
๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐๐ญ
Sleep monitoring devices
Sleep wearables
Sleep trackers
Sleep gadgets
Digital application tools
Others
๐๐ฒ ๐๐ง๐ ๐๐ฌ๐๐ซ
Hospitals
Home care settings
Sleep laboratories
Others
๐๐ฅ๐๐๐ฉ ๐๐๐๐ก ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
๐๐จ๐ซ๐ญ๐ก ๐๐ฆ๐๐ซ๐ข๐๐ ๐๐ฅ๐๐๐ฉ ๐๐๐๐ก ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. REM-Fit - USA
2. Nightingale Smart Solutions Inc. - USA
3. Beautyrest - USA
4. SleepScore Labs - USA
5. Natus Medical Incorporated - USA
6. S+ by ResMed - USA
7. Eight Sleep Inc. - USA
8. Sleep Number Corporation - USA
9. Fitbit, Inc. (Acquired by Google) - USA
10. ResMed Inc. - USA
๐๐ฎ๐ซ๐จ๐ฉ๐ ๐๐ฅ๐๐๐ฉ ๐๐๐๐ก ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Philips Healthcare - Netherlands
2. Garmin Ltd. - Switzerland
3. Withings (A subsidiary of Nokia) - France
4. Dreem - France
5. Oura Health Oy - Finland
6. Beddit Oy (Acquired by Apple Inc.) - Finland
7. Emfit Ltd. - Finland
8. Simba Sleep Limited - United Kingdom
๐๐๐๐ ๐๐ฅ๐๐๐ฉ ๐๐๐๐ก ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐จ๐ฉ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
1. Fisher & Paykel Healthcare Corporation Limited
2. Sleepace - China
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๐๐๐จ๐ฎ๐ญ ๐๐๐ฑ๐ข๐ฆ๐ข๐ณ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
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