Market Overview:
The global sleep aid equipment market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of using sleep aid equipment and the rising prevalence of sleep disorders. The global sleep aid equipment market is segmented on the basis of type into wearable and non-wearable devices. The wearable devices segment is further sub-segmented into headgear, eyewear, and body sensors. The non-wearable devices segment includes pillows, mattresses, noise machines, and humidifiers/dehumidifiers. In terms of application, the global sleep aid equipment market is divided into online sales and offline sales channels.
Product Definition:
Sleep Aid Equipment is a device used to help people sleep. It can be something as simple as a white noise machine or something more complex like a CPAP machine. Sleep is important for overall health and well-being, and Sleep Aid Equipment can help people get the rest they need.
Wearable:
Wearable technology is rapidly growing and expanding into new areas of application. One such area is the sleep aid equipment market. The major factor that propels the growth of this market includes a large population that suffers from insomnia across the globe. Insomnia has been recognized as a widespread health issue in recent years, with around 50 million people in America alone being affected by it each year (Kline, 2012).
Non-wearable:
Non-wearable devices are those that are not attached to the body and can be used for therapeutic purposes. They include products such as earplugs, eye masks, headphones, noise machines and sleep apnea devices among others. The non-wearable segment is expected to grow at a lucrative rate over the forecast period owing to increasing awareness about health issues such as obesity along with growing disposable income in developing countries including China & India.
Application Insights:
The offline sales segment dominated the global market in 2017. Offline channels are still widely used as many people prefer to buy bedding accessories, mattress and pillow sets, etc. from a nearby store rather than online. The major reason behind this preference is convenience; customers do not have to travel or wake up early to collect the goods at the doorsteps of their homes. Additionally, several brands are opening brick-and-mortar stores which enables consumers access to product demonstrations and personalized recommendations based on their requirements. For instance, in June 2018 Sleep Number Corporation opened its first ever sleep center exclusively for online customers located at Chicago Ridge Mall near Chicago Ridge Illinois USA area code 60605 where they provide professional advice about mattresses according to consumer requirements and help them make an informed decision by providing detailed information about each product including material type & comfort layer types & construction type along with prices (MSRP/sale) along with financing options available for purchasing a new bedding set or mattress set respectively).
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to the presence of key players such as Philips, Inc.; Rest Devices; and ResMed among others. Moreover, high disposable income and availability of advanced medical devices are also expected to drive regional growth over the forecast period.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to rising demand for wearable devices in countries such as Japan, China, India among others.
Latin America is also anticipated witness significant growth during the same period owing to increasing awareness about sleep disorders coupled with growing disposable income especially in Brazil.
Growth Factors:
- Increasing awareness about the benefits of sleep and its impact on overall health and productivity
- Growing demand for better quality sleep to improve overall well-being
- Rising incidence of sleep disorders and other related health conditions
- Proliferation of innovative sleep aid equipment and technologies
- Increasing number of aging population susceptible to various forms of sleep disorders
Scope Of The Report
Report Attributes
Report Details
Report Title
Sleep Aid Equipment Market Research Report
By Type
Wearable, Non-wearable
By Application
Online Sales, Offline Sales
By Companies
Cambridge Sleep Sciences, SNOOZ, Solace Lifesciences, Zeez Sleep, PEGASI, Homerion Laboratory, Electromedical Products International, Dodow, Somnox, Fisher Wallace, SomniResonance, SleepCogni
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Sleep Aid Equipment Market Report Segments:
The global Sleep Aid Equipment market is segmented on the basis of:
Types
Wearable, Non-wearable
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Online Sales, Offline Sales
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cambridge Sleep Sciences
- SNOOZ
- Solace Lifesciences
- Zeez Sleep
- PEGASI
- Homerion Laboratory
- Electromedical Products International
- Dodow
- Somnox
- Fisher Wallace
- SomniResonance
- SleepCogni
Highlights of The Sleep Aid Equipment Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Wearable
- Non-wearable
- By Application:
- Online Sales
- Offline Sales
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sleep Aid Equipment Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sleep aid equipment is a type of device that helps people sleep better. This can include devices that help people fall asleep, devices that keep people asleep, and devices that wake up someone who is sleeping.
Some of the key players operating in the sleep aid equipment market are Cambridge Sleep Sciences, SNOOZ, Solace Lifesciences, Zeez Sleep, PEGASI, Homerion Laboratory, Electromedical Products International, Dodow, Somnox, Fisher Wallace, SomniResonance, SleepCogni.
The sleep aid equipment market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sleep Aid Equipment Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sleep Aid Equipment Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sleep Aid Equipment Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sleep Aid Equipment Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sleep Aid Equipment Market Size & Forecast, 2018-2028
4.5.1 Sleep Aid Equipment Market Size and Y-o-Y Growth
4.5.2 Sleep Aid Equipment Market Absolute $ Opportunity
Chapter 5 Global Sleep Aid Equipment Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Sleep Aid Equipment Market Size Forecast by Type
5.2.1 Wearable
5.2.2 Non-wearable
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Sleep Aid Equipment Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Sleep Aid Equipment Market Size Forecast by Applications
6.2.1 Online Sales
6.2.2 Offline Sales
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sleep Aid Equipment Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sleep Aid Equipment Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Sleep Aid Equipment Analysis and Forecast
9.1 Introduction
9.2 North America Sleep Aid Equipment Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Sleep Aid Equipment Market Size Forecast by Type
9.6.1 Wearable
9.6.2 Non-wearable
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Sleep Aid Equipment Market Size Forecast by Applications
9.10.1 Online Sales
9.10.2 Offline Sales
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Sleep Aid Equipment Analysis and Forecast
10.1 Introduction
10.2 Europe Sleep Aid Equipment Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Sleep Aid Equipment Market Size Forecast by Type
10.6.1 Wearable
10.6.2 Non-wearable
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Sleep Aid Equipment Market Size Forecast by Applications
10.10.1 Online Sales
10.10.2 Offline Sales
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Sleep Aid Equipment Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Sleep Aid Equipment Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Sleep Aid Equipment Market Size Forecast by Type
11.6.1 Wearable
11.6.2 Non-wearable
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Sleep Aid Equipment Market Size Forecast by Applications
11.10.1 Online Sales
11.10.2 Offline Sales
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Sleep Aid Equipment Analysis and Forecast
12.1 Introduction
12.2 Latin America Sleep Aid Equipment Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Sleep Aid Equipment Market Size Forecast by Type
12.6.1 Wearable
12.6.2 Non-wearable
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Sleep Aid Equipment Market Size Forecast by Applications
12.10.1 Online Sales
12.10.2 Offline Sales
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Sleep Aid Equipment Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Sleep Aid Equipment Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Sleep Aid Equipment Market Size Forecast by Type
13.6.1 Wearable
13.6.2 Non-wearable
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Sleep Aid Equipment Market Size Forecast by Applications
13.10.1 Online Sales
13.10.2 Offline Sales
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sleep Aid Equipment Market: Competitive Dashboard
14.2 Global Sleep Aid Equipment Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cambridge Sleep Sciences
14.3.2 SNOOZ
14.3.3 Solace Lifesciences
14.3.4 Zeez Sleep
14.3.5 PEGASI
14.3.6 Homerion Laboratory
14.3.7 Electromedical Products International
14.3.8 Dodow
14.3.9 Somnox
14.3.10 Fisher Wallace
14.3.11 SomniResonance
14.3.12 SleepCogni
