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Sleep Tech Devices Market

Global Sleep Tech Devices Market will depict steady growth throughout 2023-2032. Sleeping disorders have become increasingly prevalent among the aging population

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Sleep Tech Devices Market

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  1. Sleep Tech Devices Market Size, Share, Major Companies, Revenue Analysis, Till 2032 Global Sleep Tech Devices Market will depict steady growth throughout 2023-2032. Sleeping disorders have become increasingly prevalent among the aging population. As per the WHO, in China, it is estimated that more than 28% of the population will be 60 years and above by 2040. The increasing geriatric population and their susceptibility to sleeping disorders will propel the sales of sleep tech devices. Tech players globally have been focusing on introducing products with advanced technological updates. For instance, in September 2022, Apple Inc. announced the launch of watchOS 9, which can estimate, when people are in REM, core, or deep sleep, and awake. Such innovations in the field are expected to strengthen the industry outlook over the next ten years. Get sample copy of this research report @ https://www.gminsights.com/request- sample/detail/4405 The overall sleep tech devices market is divided on the basis of product, application, distribution channel, and region. Non-wearable sleep tech devices market is anticipated to witness significant growth trends through 2032. Non-wearable sleep tech devices are much more convenient than their wearable counterparts, which may add to their popularity in the coming years. Moreover, many companies are emphasizing enhancing the existing capabilities of non- wearable sleep tech devices such as sleeping mats, mattresses, etc. For instance, in July 2022, Eight Sleep, the first-ever sleep fitness company, launched Pod 3 with a sensor system with 99% heart rate sensing accuracy to transform a bed into an advanced health platform. Such product rollouts will help streamline industry growth over the estimation period. Based on application, the sleep tech devices market size from the narcolepsy segment recorded a valuation of over USD 3.5 billion in 2022. High prevalence rate of narcolepsy is likely to increase the demand for narcolepsy monitoring devices. As per the National Library of Medicine, the condition affects 1 in every 2,000 people in the U.S. and Western Europe. The clinical benefits offered by sleep tech devices in managing narcolepsy are likely to favor their adoption through 2032. In terms of distribution channel, the market value from the e-commerce segment is expected to observe commendable growth over 2023-2032. High availability of a wide range of sleep tech devices at discounted prices and convenience has increased consumer preference for e-commerce platforms. Growing awareness and knowledge have increased the demand for quality products in online stores. Moreover, high flexibility and superior customer service have also made these stores popular, thus, driving segment growth. © 2019 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  2. Europe sleep tech devices market was worth USD 4.5 billion in 2022. Growing elderly population and their higher susceptibility to sleeping disorders have increased the demand for sleep tech devices in the region. According to Eurostat, in 2022, over one- fifth of the population in the region was 65 years and above. Moreover, growing need to provide low-cost healthcare services to patients in remote areas is further contributing to regional growth. Request for customization @ https://www.gminsights.com/roc/4405 Table of Contents (ToC) of the report: Chapter 1 Methodology & Scope 1.1 Industry coverage 1.2 Market scope & definitions 1.3 Base estimates & working 1.3.1 Data collection 1.4 Forecast parameters 1.5 COVID-19 impact analysis at global level 1.6 Data validation 1.7 Data sources 1.7.1 Primary 1.7.2 Secondary 1.7.2.1 Paid sources 1.7.2.2 Unpaid sources Chapter 2 Executive Summary 2.1 Sleep tech devices industry 3600 synopsis, 2018 - 2032 2.1.1 Business trends 2.1.2 Product type trends 2.1.3 Application trends 2.1.4 Distributional Channel trends © 2019 Global Market Insights Inc. All Rights Reserved www.gminsights.com

  3. Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/sleep-tech-devices-market About Global Market Insights: Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Contact Us: Aashit Tiwari Corporate Sales, USA Global Market Insights Inc. Toll Free: 1-888-689-0688 USA: +1-302-846-7766 Europe: +44-742-759-8484 APAC: +65-3129-7718 Email:sales@gminsights.com © 2019 Global Market Insights Inc. All Rights Reserved www.gminsights.com

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