Non-Wearable Sleep Tracker Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032
Published on: 2024-08-03 | No of Pages : 240 | Industry : Healthcare
Publisher : MIR | Format : PDF&Excel
Non-Wearable Sleep Tracker Market Size, Share and Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2024 – 2032
Non-Wearable Sleep Tracker Market Size
Non-Wearable Sleep Tracker Market size will record lucrative growth between 2024 and 2032 driven by the booming fitness sector. The rising number of sleep-related ailments, such as sleep apnea and insomnia, has resulted in the elevated consumer emphasis on mental and physical fitness.
According to the American Medical Association, sleep apnea affects around 30 million individuals in the United States, but only 6 million are diagnosed. Moreover, mounting health consciousness among people and the soaring prevalence of obesity and other cardiovascular-related disorders will act as potential drivers fostering the demand for non-wearable sleep trackers.
Non-Wearable Sleep Tracker Market Trends
One significant trend is the increasing consumer demand for personalized sleep monitoring solutions that do not require wearing a device during sleep. This preference stems from concerns over comfort and ease of use, as well as the desire for unobtrusive monitoring. Additionally, technological advancements in sensors and data analytics have enabled non-wearable sleep trackers to offer more accurate and comprehensive sleep metrics, providing users with valuable insights into their sleep patterns and quality.
Non-Wearable Sleep Tracker Market Analysis
Based on products, the bedside non-wearable sleep tracker segment is projected to accrue substantial gains by 2032 on account of the increasing number of sleeping disorders. These trackers have sophisticated sensors and algorithms, providing users with comprehensive insights into their sleep quality and patterns without the need for wearing any device. The preference for personalized health monitoring is pushing the product demand.
As per application, the non-wearable sleep tracker market share from the sleep apnea segment will showcase notable growth through 2032 due to its higher diagnosis rate and increasing instances of loud snoring. Obstructive sleep apnea is the most prevalent type of sleep disorder, affecting around 30% of all Americans. Non-wearable trackers provide a convenient and comfortable alternative to traditional sleep studies, allowing for continuous monitoring of sleep apnea symptoms without the need for cumbersome equipment.
In terms of distribution channel, the e-commerce segment is likely to capture a substantial industry share by 2032, attributed to the mounting consumer interest in online shopping as well as the ease of ordering and delivery offered by online sales. The provision of numerous discounts and the escalating number of e-stores will further impel product sales through e-commerce channels.
North America non-wearable sleep tracker market is anticipated to generate significant revenues by 2032, considering ongoing advancements in the wellness sector. The spike in consumer household incomes has made way for higher healthcare spending and the optimum usage of technologically advanced non-wearable sleep trackers across the region.
On the other hand, Asia Pacific non-wearable sleep tracker business is set to witness sizable development during 2024 and 2032, propelled by the upsurge in the presence of prominent companies in the region. The proliferating number of athletes will also provide a positive impetus to APAC industry gains.
Non-Wearable Sleep Tracker Market Share
Non-wearable sleep tracker industry participants include
- Garmin
- Beddit (Apple)
- Sleep Number Corporation
- Simmons Bedding Company
- Microsoft
- ResMed
- Fitbit
- Samsung
- Emfit
- Xiaomi
- Apple
Non-Wearable Sleep Tracker Industry News
- In February 2022, Sleep Number Corporation and the American Cancer Society (ACS) announced a significant collaboration to conduct basic sleep research. The goal was to create the first-ever sleep guidelines specifically tailored for cancer patients.