Market Overview:
The global smart sleep monitoring device market is expected to grow at a CAGR of 10.5% 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 smart sleep monitoring devices and the rising prevalence of sleep-related disorders. The wearable segment is expected to account for a larger share of the global smart sleep monitoring device market in 2018, owing to its growing popularity among consumers. By application, household applications are expected to dominate the global market during the forecast period, followed by pension agency and hospital applications. North America is estimated to account for a major share of the global smart sleep monitoring device market in 2018, followed by Europe and Asia Pacific.
Product Definition:
A smart sleep monitoring device is a wearable technology that monitors a person's sleep patterns and quality of sleep. The device collects data on how long and how well the person slept, as well as their heart rate, breathing rate, and movement throughout the night. This data can be used to help people improve their sleeping habits and identify potential areas for improvement. Smart sleep monitoring devices are often used in conjunction with other wearable technologies such as activity trackers or heart rate monitors.
Wearable Monitoring:
Wearable monitoring is a new term in the healthcare industry. It means the devices that are worn by patients to monitor their vital signs, such as temperature, blood pressure and heart rate, are known as wearable monitors or fitness trackers. The data obtained from these devices is wirelessly transmitted to a physician or nurse for review during regular office hours.
The global market for wearable monitoring was valued at USD 3 billion in 2014.
Non-wearable Monitoring:
Non-wearable monitoring devices are used to monitor vital signs such as heart rate, body temperature, blood pressure and oxygen levels without the need for physical contact with patient. These devices have applications in various fields such as home care, clinical research and medical device manufacturing. The increasing prevalence of chronic diseases is expected to be a key factor driving market growth over the forecast period. For instance; according to CDC (Centers for Disease Control & Prevention), one out of every four adults in U.
Application Insights:
The household segment accounted for the largest share in 2016 and is expected to witness significant growth over the forecast period. The growing need for sleep monitoring devices in households to improve sleep quality and reduce fatigue levels among family members is anticipated to drive demand. Furthermore, an increase in stress due to work or study pressure along with a rise in depression cases has created a need for better sleeping habits among consumers, which will further boost market growth during the forecast period.
The other segment includes commercial spaces such as hotels, hospitals and care homes where patients are admitted for treatment or stay overnight on a regular basis. Monitoring of patient¢â‚¬â„¢s vital signs including body temperature using bedside monitors can help detect medical conditions such as hypothermia or hyperthermia early on so that necessary measures can be taken timely by healthcare professionals according to patient requirements.
Regional Analysis:
North America dominated the global market in 2017. The growth of this region can be attributed to increasing cases of sleep disorders, growing adoption of smart devices, and presence of well-established healthcare facilities. Moreover, rising awareness about sleep disorder treatment options is also expected to drive the regional demand for a smart device.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to increasing disposable income and prevalence of chronic diseases such as diabetes that lead to sleeping disorders. Furthermore, government initiatives for creating awareness regarding healthy lifestyles are expected drive regional demand during the forecast period. For instance, in India ‘Awareness Driven Modelling & Product (ADMP) Program’ by National Aids Control Programme (NACP) aims at creating awareness among people about HIVAIDS transmission modes and prevention strategies through modelling campaigns across print media and electronic media platforms such as TV commercials etc.).
Growth Factors:
- Increasing awareness about the benefits of sleep and its impact on overall health
- Growing demand for preventive healthcare measures
- Rising prevalence of sleep disorders and other chronic diseases
- Technological advancements in sleep monitoring devices
- Increasing demand for personalized healthcare solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Smart Sleep Monitoring Device Market Research Report
By Type
Wearable Monitoring, Non-wearable Monitoring
By Application
Household, Pension Agency, Hospital, Other
By Companies
Apple, Huawei, Samsung, Quantum Wyse, Miui, Fitbit, Medicatech, Sleepace, Ydytech
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
211
Number of Tables & Figures
148
Customization Available
Yes, the report can be customized as per your need.
Global Smart Sleep Monitoring Device Market Report Segments:
The global Smart Sleep Monitoring Device market is segmented on the basis of:
Types
Wearable Monitoring, Non-wearable Monitoring
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
Household, Pension Agency, Hospital, Other
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:
- Apple
- Huawei
- Samsung
- Quantum Wyse
- Miui
- Fitbit
- Medicatech
- Sleepace
- Ydytech
Highlights of The Smart Sleep Monitoring Device 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 Monitoring
- Non-wearable Monitoring
- By Application:
- Household
- Pension Agency
- Hospital
- Other
- 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 Smart Sleep Monitoring Device 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.
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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?
A Smart Sleep Monitoring Device is a wearable device that monitors sleep quality and provides feedback to the user. It can be used to help people improve their sleep habits, or to diagnose problems with sleep.
Some of the major companies in the smart sleep monitoring device market are Apple, Huawei, Samsung, Quantum Wyse, Miui, Fitbit, Medicatech, Sleepace, Ydytech.
The smart sleep monitoring device market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Smart Sleep Monitoring Device 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 Smart Sleep Monitoring Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Smart Sleep Monitoring Device 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 Smart Sleep Monitoring Device 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 Smart Sleep Monitoring Device Market Size & Forecast, 2020-2028
4.5.1 Smart Sleep Monitoring Device Market Size and Y-o-Y Growth
4.5.2 Smart Sleep Monitoring Device Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Wearable Monitoring
5.2.2 Non-wearable Monitoring
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Household
6.2.2 Pension Agency
6.2.3 Hospital
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Smart Sleep Monitoring Device 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 Smart Sleep Monitoring Device 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Wearable Monitoring
9.6.2 Non-wearable Monitoring
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 Market Size Forecast by Applications
9.10.1 Household
9.10.2 Pension Agency
9.10.3 Hospital
9.10.4 Other
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Wearable Monitoring
10.6.2 Non-wearable Monitoring
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 Market Size Forecast by Applications
10.10.1 Household
10.10.2 Pension Agency
10.10.3 Hospital
10.10.4 Other
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Wearable Monitoring
11.6.2 Non-wearable Monitoring
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 Market Size Forecast by Applications
11.10.1 Household
11.10.2 Pension Agency
11.10.3 Hospital
11.10.4 Other
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Wearable Monitoring
12.6.2 Non-wearable Monitoring
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 Market Size Forecast by Applications
12.10.1 Household
12.10.2 Pension Agency
12.10.3 Hospital
12.10.4 Other
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Wearable Monitoring
13.6.2 Non-wearable Monitoring
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) Market Size Forecast by Applications
13.10.1 Household
13.10.2 Pension Agency
13.10.3 Hospital
13.10.4 Other
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 Smart Sleep Monitoring Device Market: Competitive Dashboard
14.2 Global Smart Sleep Monitoring Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apple
14.3.2 Huawei
14.3.3 Samsung
14.3.4 Quantum Wyse
14.3.5 Miui
14.3.6 Fitbit
14.3.7 Medicatech
14.3.8 Sleepace
14.3.9 Ydytech
