Sleep Tech Devices Market Forecast 2030: Growth Trends, Key Players & Future Outlook

Global Sleep Tech Devices Market: Key Dynamics, Size & Share Analysis

As per MarkNtel Advisors the Global Sleep Tech Devices Market size was valued at around USD 20,837 million in 2024 and is expected to reach USD 54,273 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 17.30% during the forecast period, i.e., 2025-30.

Global Sleep Tech Devices Market Drivers:

Growing Prevalence of Sleep Disorders Worldwide – The growth is driven by the rising burden of sleep disorders across the entire world and sleep health concerns. Over 30% of the global population is affected by at least one form of sleep disorder, such as Obstructive Sleep Apnea (OSA), Insomnia, Narcolepsy, etc. Countries like China, the United States, etc. have a significantly increasing population diagnosed with sleep disorders.

As per the National Library of Medicine (2022), over 175 million of the Chinese population were suffering from Obstructive Sleep Apnea. Additionally, as per the International Journal of Medical Sciences (2025), about 33% of Indians were experiencing Insomnia, and more than 200 million individuals were suffering from OSA, which converts to 38% of the Indian population. Moreover, nearly 30% of the population of the Middle Eastern countries was suffering from some kind of sleep disorder.

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Sleep Tech Devices Market Systems Market Segmentation:

-By Product

Wearables- Market Size & Forecast 2020-2030, USD Million
Non-wearables – Market Size & Forecast 2020-2030, USD Million

-By Application

Insomnia- Market Size & Forecast 2020-2030, USD Million
Obstructive Sleep Apnea- Market Size & Forecast 2020-2030, USD Million
Narcolepsy- Market Size & Forecast 2020-2030, USD Million
Others- Market Size & Forecast 2020-2030, USD Million

-By End User

Hospitals- Market Size & Forecast 2020-2030, USD Million
Homecare Setting- Market Size & Forecast 2020-2030, USD Million
Others- Market Size & Forecast 2020-2030, USD Million

Geographical Analysis of the Sleep Tech Devices Market

-By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific

North America holds the largest market share of about 40%. The supremacy is due to a substantial number of patients suffering from sleep disorders in this region, creating a high demand for sleep tech devices.

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Sleep Tech Devices Market Recent Development:

2024: Oura Health Oy launched the Oura Ring 4, which features Smart Sensing with 18 recessed signal pathways for significantly improved blood oxygen saturation (SpO₂) and sleep-stage accuracy.
2023: Garmin has added an explicit “During Sleep” tracking mode, allowing watches to measure SpO₂ overnight as part of our sleep data automatically.

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Report Highlights Essential Insights for Strategic Decision-Making

Detailed market size, share, and forecast analysis
In-depth pricing trends and segment-wise cost evaluations
Key industry strategies, including innovation, partnerships, and acquisitions
Critical value chain analysis and stakeholder profiling
Regional import-export market insights and trade flow assessment
Thorough competitive benchmarking of top hearing aid manufacturers
Identification of new growth opportunities and niche market segments
Overview of market trends, drivers, and challenges shaping future demand

Some of the leading players in the Sleep Tech Devices Market are:

ResMed
Philips
Withings
Fitbit
Garmin
Oura Health Oy
Eight Sleep
Sleep Number
Apple
Sleepace
Huawei Device Co., Ltd.
Xiaomi
Emfit Corp.
Dreem
SleepScore Labs
Others

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Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

Define objectives and research design
Collect data through surveys and interviews
Analyze and validate data using reliable tools
Forecast trends and deliver actionable insights

About us:

MarkNtel Advisors is a globally trusted Market Research Company specializing in the fast-moving consumer goods (FMCG) sector, encompassing consumer goods, food & beverage, personal care, and retail industries. Our comprehensive portfolio of Market Research Reports and Syndicated Research Reports delivers in-depth intelligence at global, regional, and country levels, enabling companies and distributors understand shifting consumer behavior, pricing structures, and innovation cycles. We utilize advanced Business Research tools and demand analytics to identify profitable white spaces and emerging retail trends. By integrating Financial Services assessments and Market Forecast modeling, we provide data that drives informed marketing and investment decisions. Through strategic Consulting Services, MarkNtel Advisors enables FMCG stakeholders to maximize Revenue Impact, strengthen brand competitiveness, and achieve sustained growth in dynamic consumer markets.

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