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Sleep Tech Devices Market to witness rapid progressions by 2026

Sleep Tech Devices Market to witness rapid progressions by 2026

vinayakshinde
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Sleep Tech Devices Market to witness rapid progressions by 2026

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  1. Sleep Tech Devices Market Trends Information and Competitive Landscape Scenario to 2026 • Sleep tech devices market has garnered considerable traction over the years. Citing reports, about one-third of the population in the U.K. is expected to suffer from insomnia, while more than half the people are aged 65 and above could witness this disorder. It is safe to say that the high geriatric population globally is one of the main factors driving the demand for advanced sleep tech device solutions in the last couple of years. • Sleeping disorders are common in older adults due to factors like an increase in consumption of alcohol, intake of high-power medicines and supplements, and the change in the body’s internal clock. Additionally, the prevalence of chronic diseases in the elderly population leads to disrupting the sleep cycles further magnifying the dependence on different types of sleep tech devices. As per the National Council on Aging, nearly 80% of the elderly people in the U.S. suffer from at least one chronic disease, while 77% of them have two or above. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. The use of such devices helps them in monitoring their sleep patterns, helping the elderly take conscious decisions to enhance sleep behavior. Additionally, measures undertaken by the governments in different countries to improve the quality of the elderly healthcare system along with reducing its cost will propel the global sleep tech devices market share in the coming years, which is anticipated to reach USD 32 billion in annual value by 2026. • With respect to gender, the devices for female led the market demand over the years and is further divided into <18, 18-36, 37-55, >55 age band. The increase in the number of pregnancies annually in both developed and developing countries has driven sleep tech device adoption. Pregnant women tend to suffer from insomnia. Women with post-menopause symptoms also face issues in sleeping. • According to the National Sleep Foundation in America, studies claim that women are more likely to have difficulty falling asleep when compared to men and they also witness daytime sleepiness at least for a few days a week. Wearable sleep tech devices, in particular, have witnessed considerable demand over the years, this is due to the efforts undertaken by the manufacturers to develop easy, convenient, cost-effective, and readily available sleep monitoring tools like smartwatches, bands, and others. These are available in the form of wrist bands, earplugs, head belts, and others. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/4405 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Regional Analysis • The Asia Pacific sleep tech devices market has showcased tremendous growth over the years due to the efforts undertaken by the healthcare organizations and the government to spread awareness among the citizens regarding the symptoms and negative effects of sleep deprivation along with the use of advanced sleep tech devices, when necessary. For instance, the Government of India has established online health portals to help citizens affected with insomnia. • Competitive Analysis • In addition to the above, many industry players are also entering into the emerging economies to explore opportunities, subsequently fueling the regional market growth. The sleep tech devices market is endowed with prominent market players that are working toward developing high technology products that meet the demands of the patients. Some of the leading sleep tech device companies include Emfit, Casper Sleep, Withings, Beddit, ResMed, Xiaomi, Dream, and Eight Sleep, among various others. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On Sleep Tech Devices Market @ https://www.gminsights.com/industry-analysis/sleep-tech-devices-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/4405 Request for customization: https://www.gminsights.com/roc/4405 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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