Sleep Tracking Devices Market Size, Share | Report 2022-2030
Sleep tracking devices are monitoring devices that help to monitor a person’s sleep by tracking the sleep duration, sleep quality, and sleep phases. The devices usually monitor breathing patterns, heart rate, and movement. The increasing prevalence of sleep disorders is anticipated to drive the adoption of sleep tracking devices which help to improve the conditions. For instance, according to American Sleep Association, as of 2021, 50 to 70 million people in the U.S. suffered from a sleep disorder. Moreover, the increasing use of these tracking devices improves sleep disorders while also increasing awareness among the population about sleep health. The trackers help to improve sleep habits, for instance, some apps help users address sleep hygiene such as screen time limits and bedtime alarms.
Increasing disposable income of the global population is anticipated to be a key driver for the market. According to data published by the Australian Bureau of Statistics, the median weekly gross household income in Australia increased from USD 1,753 in 2018-19 to 1,786 in 2019-20. Rising disposable income is expected to increase the adoption of sleep-tracking devices for monitoring sleep in the coming years. The availability of technologically advanced products in the market is expected to boost the growth of the market during the forecast period. For instance, in September 2022, Amazon announced the launch of Halo View a contactless bedside sleep-tracking device. The device algorithm is validated and trained against polysomnography, which is a comprehensive test for sleep analysis.
Despite the advantages offered by the devices, FDA recognizes sleep tracking devices as lifestyle or entertainment devices and thus, are not regulated by the FDA. This is expected to restrain the growth of the market. Moreover, many trackers use an accelerometer, which records the movement of the body and may provide inaccurate data. For instance, if a person spends time in bed reading, the device may register it as light sleep.
Various strategies such as product launches, collaborations, and mergers & acquisitions are adopted by these key players to increase their market share. For instance, in August 2021, Fitbit announced the launch of Fitbit Luxe and Fitbit Luxe Special. The watch can monitor heart rate variability (HRV), breathing rate, skin temperature variation, and resting heart via its Health Metrics dashboard. The tracker is also equipped with Sleep Score Feature, which helps to track sleep quality and maintain a consistent sleep routine.
Key Players
Market Segmentatio
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Sleep Tracking Devices Market
5.1. COVID-19 Landscape: Sleep Tracking Devices Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Sleep Tracking Devices Market, By Component
8.1. Sleep Tracking Devices Market, by Component, 2022-2030
8.1.1. Hardware
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Software & Solutions
8.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Sleep Tracking Devices Market, By Operating System
9.1. Sleep Tracking Devices Market, by Operating System, 2022-2030
9.1.1. Android
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. IOS
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Sleep Tracking Devices Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Component (2017-2030)
10.1.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.1.3.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.1.4.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Component (2017-2030)
10.2.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.2.3.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.2.4.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Component (2017-2030)
10.2.5.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Component (2017-2030)
10.2.6.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.3.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.3.3.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.3.4.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Component (2017-2030)
10.3.5.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Component (2017-2030)
10.3.6.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.4.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.4.3.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.4.4.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Component (2017-2030)
10.4.5.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Component (2017-2030)
10.4.6.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Component (2017-2030)
10.5.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Component (2017-2030)
10.5.3.2. Market Revenue and Forecast, by Operating System (2017-2030)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Component (2017-2030)
10.5.4.2. Market Revenue and Forecast, by Operating System (2017-2030)
Chapter 11. Company Profiles
11.1. Apple Inc.
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Samsung
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Philips Healthcare
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Fitbit Inc.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. LTE Scientific
11.5. Emfit Ltd.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Garmin Ltd.
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. ResMed
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Misfit
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Polar
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Beddit
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers