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Non-Wearable Sleep Tracker Market size will record lucrative growth between 2023 and 2032 driven by the booming fitness industry. 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 industry progression.
Based on products, the non-wearable sleep tracker market is classified into bedside non-wearable, under the mattress, and under-sheet non-wearable sleep trackers. The bedside non-wearable sleep tracker segment is projected to accrue substantial gains on account of the increasing number of sleeping disorders. The surging adoption of fitness tracking devices with bedside monitors across the globe is another prominent factor fueling segment expansion through 2032.
As per application, the non-wearable sleep tracker industry is bifurcated into obstructive sleep apnea, insomnia, and others. Among these, the sleep apnea segment will showcase notable progress by 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, which is a major factor impelling industry expansion.
In terms of distribution channel, the e-commerce segment is likely to capture a substantial share of the non-wearable sleep tracker market 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-commerce companies will further impel product sales through e-commerce channels.
In the regional landscape, the North America non-wearable sleep tracker industry is anticipated to generate significant revenue through 2032 considering ongoing advancements in the wellness industry. 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, the Asia Pacific non-wearable sleep tracker business is set to witness sizable development by 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 growth.
Non-wearable sleep tracker market participants include Garmin, Beddit (Apple), Sleep Number Corporation, Simmons Bedding Company, Microsoft, ResMed, Fitbit, Samsung, Emfit, Xiaomi, and Apple.