Press release
Sleep Tech Devices Market Drivers, Growth Value, Size and Forecast By 2033
The new report published by The Business Research Company, titled Sleep Tech Devices Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033, delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.
As per the report, the sleep tech devices market size has grown rapidly in recent years. It will grow from $19.14 billion in 2023 to $22.35 billion in 2024 at a compound annual growth rate (CAGR) of 16.8%. The sleep tech devices market size is expected to see rapid growth in the next few years. It will grow to $42.8 billion in 2028 at a compound annual growth rate (CAGR) of 17.6%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=10393&type=smp
Rising Sleep Disorders Fueling Growth In The Sleep Tech Devices Market
The increasing prevalence of sleep disorders will boost the sleep tech devices market. Sleep tech devices monitor and improve sleep quality by providing data and insights into sleep patterns, offering personalized recommendations, and facilitating the adoption of healthy sleep habits. They can also help diagnose and monitor sleep disorders and provide personalized feedback and suggestions to improve sleep quality. It is becoming increasingly common for people with sleeping disorders to use sleep tech devices to help them improve the quality of their sleep. For instance, in June 2021, according to the American Psychological Association (APA), a professional organization company, sleep problems rose from 36% before the pandemic to more than 50%. Therefore, the increasing prevalence of sleep disorders will drive the sleep tech devices market forward.
Technological Advancements Driving Evolution In The Sleep Tech Devices Market
Technological advancements are a popular trend in the sleep tech devices market. Major companies operating in the sleep tech devices market are focused on developing innovative technologies to sustain their position in the market. For Instance, in August 2021, Somne, a US-based digital health company, launched a novel class II neck collar medical device. This device employs variable negative pressure technology and a tiny device put beneath the chin to detect breathing patterns and modify airflow accordingly. The collar prototype uses gentle suction to keep the patient's airway open while sleeping, allowing them to breathe normally and sleep soundly.
The sleep tech devices market covered in this report is segmented -
1) By Product Type: Wearable, Monitoring Devices, Smart Gadgets, Digital Tools, Other Types
2) By Age: Below 45 Years, 45-64 Years, Above 65 Years
3) By Distribution Channel: Sleep Centers And Fitness Centers, Hypermarkets And Supermarkets, E-Commerce, Pharmacy And Retail Stores, Other Channels
4) By Application: Insomnia, Obstructive Sleep Apnea, Narcolepsy, Other Applications
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=10393&type=discount
Major companies operating in the sleep tech devices market report are Masimo Corporation, Koninklijke Philips N.V., Fitbit Inc., Xiaomi Corporation, Apple Inc., Eight Sleep, Oura Health Oy, Nihon Kohden Corporation Inc., Casper Sleep, Compumedics Limited, ResMed Inc., Withings, Samsung Electronics Co. Ltd., ASUSTek Computer Inc., Motorola Mobility LLC, Apollo Neuroscience Inc., Nokia Corporation, Huawei Technologies Co. Ltd., Sleep Shepherd LLC, Sleepace, Fossil Group Inc., Serta Simmons Bedding LLC, Tempur Sealy International Inc., Sleep Number Corporation, Emfit Ltd., Beacon Biosignals Inc., Beddit Oy, SleepScore Labs, ZANSOR, Somnox, Sleep Cycle
Contents of the report:
1. Executive Summary
2. Sleep Tech Devices Market Report Structure
3. Sleep Tech Devices Market Trends And Strategies
4. Sleep Tech Devices Market - Macro Economic Scenario
5. Sleep Tech Devices Market Size And Growth
…..
27. Sleep Tech Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/sleep-tech-devices-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
As per the report, the sleep tech devices market size has grown rapidly in recent years. It will grow from $19.14 billion in 2023 to $22.35 billion in 2024 at a compound annual growth rate (CAGR) of 16.8%. The sleep tech devices market size is expected to see rapid growth in the next few years. It will grow to $42.8 billion in 2028 at a compound annual growth rate (CAGR) of 17.6%.
Download Free Sample Report @
https://www.thebusinessresearchcompany.com/sample.aspx?id=10393&type=smp
Rising Sleep Disorders Fueling Growth In The Sleep Tech Devices Market
The increasing prevalence of sleep disorders will boost the sleep tech devices market. Sleep tech devices monitor and improve sleep quality by providing data and insights into sleep patterns, offering personalized recommendations, and facilitating the adoption of healthy sleep habits. They can also help diagnose and monitor sleep disorders and provide personalized feedback and suggestions to improve sleep quality. It is becoming increasingly common for people with sleeping disorders to use sleep tech devices to help them improve the quality of their sleep. For instance, in June 2021, according to the American Psychological Association (APA), a professional organization company, sleep problems rose from 36% before the pandemic to more than 50%. Therefore, the increasing prevalence of sleep disorders will drive the sleep tech devices market forward.
Technological Advancements Driving Evolution In The Sleep Tech Devices Market
Technological advancements are a popular trend in the sleep tech devices market. Major companies operating in the sleep tech devices market are focused on developing innovative technologies to sustain their position in the market. For Instance, in August 2021, Somne, a US-based digital health company, launched a novel class II neck collar medical device. This device employs variable negative pressure technology and a tiny device put beneath the chin to detect breathing patterns and modify airflow accordingly. The collar prototype uses gentle suction to keep the patient's airway open while sleeping, allowing them to breathe normally and sleep soundly.
The sleep tech devices market covered in this report is segmented -
1) By Product Type: Wearable, Monitoring Devices, Smart Gadgets, Digital Tools, Other Types
2) By Age: Below 45 Years, 45-64 Years, Above 65 Years
3) By Distribution Channel: Sleep Centers And Fitness Centers, Hypermarkets And Supermarkets, E-Commerce, Pharmacy And Retail Stores, Other Channels
4) By Application: Insomnia, Obstructive Sleep Apnea, Narcolepsy, Other Applications
Buy Now & Get Exclusive Discount on this Report, Checkout link @
https://www.thebusinessresearchcompany.com/Discount?id=10393&type=discount
Major companies operating in the sleep tech devices market report are Masimo Corporation, Koninklijke Philips N.V., Fitbit Inc., Xiaomi Corporation, Apple Inc., Eight Sleep, Oura Health Oy, Nihon Kohden Corporation Inc., Casper Sleep, Compumedics Limited, ResMed Inc., Withings, Samsung Electronics Co. Ltd., ASUSTek Computer Inc., Motorola Mobility LLC, Apollo Neuroscience Inc., Nokia Corporation, Huawei Technologies Co. Ltd., Sleep Shepherd LLC, Sleepace, Fossil Group Inc., Serta Simmons Bedding LLC, Tempur Sealy International Inc., Sleep Number Corporation, Emfit Ltd., Beacon Biosignals Inc., Beddit Oy, SleepScore Labs, ZANSOR, Somnox, Sleep Cycle
Contents of the report:
1. Executive Summary
2. Sleep Tech Devices Market Report Structure
3. Sleep Tech Devices Market Trends And Strategies
4. Sleep Tech Devices Market - Macro Economic Scenario
5. Sleep Tech Devices Market Size And Growth
…..
27. Sleep Tech Devices Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Explore the report store to make a direct purchase of the report @
https://www.thebusinessresearchcompany.com/report/sleep-tech-devices-global-market-report
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage
to this press release on woodPRI. woodPRI disclaims liability for any content contained in
this release.
Recommend
/newsMicroencapsulation Market Deep Analysis on Key Players - Dow Corning, Encapsys, Syngenta Crop Protection, Evonik Industries, 3M and Bayer
Market Study Report Adds Global Microencapsulation Market Size, Status and Forecast 2024 added to its database. The report provides key statistics on the current state of the industry and other analytical data to understand the market.
Extensive research is required for choosing the appropriate cor...
/newsGermany Airbag Market Size 2023: Global Share, Industry And Report Analysis By 2030 | Hyundai Mobis Co., Ltd. Key Safety Systems, Inc. Robert Bosch GmbH
Germany airbag market is expected to grow at a CAGR of around 6% during the forecast period. Germany Airbag Market research report refers to gathering and analyzing significant market data serve as best medium for various industry players to launch novel product or service. It is vital for key firms...
/newsSecurities Brokerages And Stock Exchanges Market Outlook 2021: Big Things are Happening
A new intelligence report released by HTF MI with title "Global Securities Brokerages And Stock Exchanges Market Survey & Outlook" is designed covering micro level of analysis by Insurers and key business segments, offerings and sales channels. The Global Securities Brokerages And Stock Exchange...
/newsRenewable Chemicals Market Emerging Trends and Competitive Landscape Forecast to 2028
The renewable chemicals market was valued at US$ 80,566.30 million in 2021 and is projected to reach US$ 1,76,750.76 million by 2028 it is expected to grow at a CAGR of 11.9% from 2021 to 2028. The research report focuses on the current market trends, opportunities, future potential of the market, a...
/newsHow Coronavirus is Impacting Cold Brew Coffee, Global Market Volume Analysis, Size, Share and Key Trends 2020-2026
"Market Latest Research Report 2020:
Los Angles United States, February 2020: The Cold Brew Coffee market has been garnering remarkable momentum in the recent years. The steadily escalating demand due to improving purchasing power is projected to bode well for the global market. QY Research's lates...
/newsCorporate E-Learning Market - Global Industry Size, Share, Key Players Analysis that are Infor, SkillSoft Corporation, Adrenna, CERTPOINT Systems and others with Regional Forecast to 2022
Overview:
E-Learning is used to enhance the learning procedures for newer job requirements and to make employees sound about the internal and external changes in the market and respective organizations. This method has created considerable differences in the ways of training and developing employee...
