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Base Year: 2024
Companies covered: 22
Tables & Figures: 190
Countries covered: 19
Pages: 170
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Sleep Tech Devices Market
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Sleep Tech Devices Market Size
The global sleep tech devices market was valued at USD 24.9 billion in 2024. The market is expected to grow from USD 29.3 billion in 2025 to USD 134.7 billion in 2034, at a CAGR of 18.5% during the forecast period, according to the latest report published by Global Market Insights Inc. The market is driven by rising prevalence of sleep disorders such as insomnia and obstructive sleep apnea, growing consumer awareness of sleep health, and increasing adoption of smart wearables and connected non-wearable solutions for personalized sleep monitoring and management.
Sleep tech devices are innovative solutions for the purpose of monitoring, improving, and even managing sleep health in both wearable and non-wearables forms. Apple including (Apple Watch -Sleep app and Stages), Balluga (Smart Interactive Bed), BedJet (BedJet 3 Climate Comfort), Emfit (QS under-mattress sensor), and Fisher & Paykel (F&P SleepStyle Auto CPAP) are significant players. The market continues to expand owing to the rising prevalence of sleep disorders such as insomnia and obstructive sleep apnea, increasing adoption of connected wearables and smart beds, and growing consumer focus on wellness and preventive healthcare.
The market reached from USD 15.2 billion in 2021 to USD 21.1 billion in 2023, registering a CAGR growth of 18.5% during this period. The global population is increasingly sleep-deprived, with insomnia affecting 10-30% of adults and obstructive sleep apnea (OSA) impacting about 425 million people worldwide. Market growth is fueled by unmet clinical needs and rising consumer interest in wellness-focused sleep solutions. Poor sleep is strongly linked to chronic diseases such as hypertension, obesity, diabetes, and depression, pushing individuals to adopt tools that track, analyze, and improve sleep.
Smart connected devices are at the core of this trend. Wearables like the Apple Watch with Sleep Stages, Fitbit Charge 6, Oura Ring Gen3, and Huawei Band 9 (TruSleep) provide continuous monitoring and insights. Non-wearables such as the Emfit QS under-mattress sensor, Eight Sleep Pod 3 smart mattress, and ResMed’s AirSense 11 AutoSet CPAP are also gaining traction for at-home management of sleep health and disorders. Smartphone penetration and the growth of the Internet of Things further accelerate adoption. Mobile apps like SleepScore deliver advanced sleep tracking, while solutions such as Smart Nora’s contact-free anti-snoring system integrate seamlessly with wearables and home devices to provide real-time feedback and personalized nudges.
The COVID-19 pandemic intensified health and wellness awareness, leading to a surge in investments in sleep-focused technology. For example, direct-to-consumer sales of smart mattresses jumped by 30% in 2022. Consumers increasingly prefer personalized, data-driven, and non-pharmacological approaches to address sleep issues and enhance daily performance. The convergence of rising sleep disorder prevalence, digital health adoption, and device innovation is expected to sustain robust market growth in the years ahead, making sleep tech a vital component of preventive healthcare.
Sleep tech devices are specialized wearables and non-wearables designed to monitor, analyze, and improve sleep quality. Using sensors, AI, and connectivity, they track patterns, detect disorders like insomnia and sleep apnea, and provide personalized interventions, enabling users to optimize rest, health, and overall well-being through technology-driven solutions.
Sleep Tech Devices Market Trends
The growth of the market is determined by a convergence of health needs, technological advancements, and shifting economic factors at both micro and macro levels. Increasing prevalence of sleep disorders remains a main driver, with studies guesstimating that 10-30% of adults experience insomnia globally, while obstructive sleep apnea (OSA) affects nearly 425 million people worldwide.
Sleep Tech Devices Market Analysis
In 2021, the global market was valued at USD 15.2 billion. The following year, it saw a slight increase to USD 17.9 billion, and by 2023, the market further climbed to USD 21.1 billion.
Based on product, the global sleep tech devices market is bifurcated into wearables and non-wearables. The wearables segment is further divided into smart watches and bands, and others. The non-wearables segment is further divided into sleep monitors, and smart beds. The wearables segment accounted for 75.7% of the market in 2024 driven by growing consumer adoption of smartwatches and fitness bands with advanced sleep-tracking features, offering convenience, real-time insights, and integration with broader digital health ecosystems. The segment is expected to exceed USD 96.8 billion by 2034, growing at a CAGR of 17.9% during the forecast period. On the other hand, non-wearables segment is expected to grow with the fastest CAGR of 20.2%. The growth of this segment can be attributed to rising adoption of contactless, AI-powered sleep monitors and smart beds offering greater accuracy, comfort, and seamless integration into home and clinical sleep management.
Based on the application, the sleep tech devices market is segmented into insomnia, obstructive sleep apnea, narcolepsy, and other applications. The insomnia segment accounted for the highest market share of 42% in 2024 driven by the rising prevalence of sleep disorders linked to stress, lifestyle changes, and growing demand for non-invasive digital sleep management solutions.
Based on the distribution channel, the sleep tech devices market is segmented into sleep centers and fitness centers, hypermarkets and supermarkets, e-commerce, pharmacy and retail stores, and other distribution channels. The sleep centers and fitness centers segment accounted for the highest market share of 35.1% in 2024 driven by rising consumer demand for professional, data-driven sleep analysis and wellness integration to address growing sleep-related health concerns.
North America sleep tech devices market
North America dominated the global market with the highest market share of 42.6% in 2024.
The U.S. sleep tech devices market was valued at 6.2 billion and USD 7.2 billion in 2021 and 2022, respectively. In 2024 the market size reached USD 9.9 billion from USD 8.5 billion in 2023.
Europe sleep tech devices market
Europe sleep tech devices accounted for USD 6.6 billion in 2024 and are anticipated to show lucrative growth over the forecast period.
Germany dominates the European sleep tech devices market, showcasing strong growth potential.
Asia Pacific sleep tech devices market
The Asia Pacific sleep tech devices is anticipated to grow at the highest CAGR of 19.1% during the analysis timeframe.
China sleep tech devices are estimated to grow with a significant CAGR, in the Asia Pacific market.
Latin American sleep tech devices market
Brazil leads the Latin American market, exhibiting remarkable growth during the analysis period.
Middle East and Africa sleep tech devices market
Saudi Arabia market to experience substantial growth in the Middle East and Africa sleep tech devices industry in 2024.
Sleep Tech Devices Market Share
Leading companies like Fitbit (Google), Apple Inc., Withings, and ResMed together hold between 40% of the market share in the moderately consolidated global sleep tech devices industry. This consolidation reflects the dominance of a few well-established players that continue to set benchmarks in product innovation, user experience, and integration with broader digital health ecosystems.
The global sleep tech devices market is characterized by a mix of established multinational corporations and emerging startups, creating a competitive yet innovation-driven environment. Large players leverage strong brand recognition, extensive research and development investment, and diversified product portfolios to secure substantial market share, while new entrants focus on niche solutions such as AI-driven sleep monitoring, contactless devices, or personalized sleep coaching to gain traction. E-commerce and digital health platforms are further reshaping competitive strategies by enabling direct-to-consumer distribution and subscription-based models, enhancing accessibility and user engagement.
Moreover, partnerships between technology firms and healthcare providers are expanding the application of sleep tech devices from consumer wellness to clinical sleep disorder management. The market demonstrates a balance of consolidation among leaders and dynamism from innovative challengers, suggesting continued evolution toward more connected, data-driven, and medically validated sleep solutions. This blend of scale and agility defines the sector’s competitive landscape.
Sleep Tech Devices Market Companies
Few of the prominent players operating in the sleep tech devices industry include:
Apple leads the sleep tech devices market with a share of 17.2% in 2024. Apple dominates with its ecosystem-driven approach, integrating sleep tracking features into the Apple Watch and Health app. Its USP lies in combining premium hardware with advanced software analytics, offering holistic health monitoring. Apple’s seamless device interconnectivity, brand trust, and continuous innovation position it as a leader in consumer-driven sleep wellness solutions.
Fitbit leverages Google’s advanced AI and cloud ecosystem to deliver accurate, real-time sleep tracking and health insights. Its user-friendly wearables integrate seamlessly with Google Fit, offering personalized recommendations. With a strong global presence and affordability compared to premium brands, Fitbit balances innovation, accessibility, and medical-grade data integration for broader adoption.
Withings specializes in non-invasive, clinically validated sleep solutions, such as under-mattress sensors and smart devices. Its USP is medical-grade accuracy paired with a sleek, unobtrusive design, catering to users who prefer non-wearable options. The brand bridges consumer wellness and professional healthcare, appealing to both everyday users and clinical practitioners.
Sleep Tech Devices Industry News
The sleep tech devices market research report includes an in-depth coverage of the industry with estimates and forecast in terms of revenue in USD Million and from 2021 - 2034 for the following segments:
Market, By Product
Market, By Application
Market, By Distribution Channel
The above information is provided for the following regions and countries: