Sleep Monitoring Devices Market Size Analysis and Top Companies
The global sleep monitoring devices market size is estimated to hit around USD 92.20 billion by 2033, increasing from USD 19.68 billion in 2023 with a CAGR of xx% from 2023 to 2033. The top companies operating in the sleep monitoring devices are ResMed Inc., Fitbit, Inc. (Now part of Google), Philips Healthcare, Garmin Ltd., Withings (Nokia Health), Apple Inc., Sleep Number Corporation, Xiaomi Corporation, Oura Health Ltd., Emfit Ltd., Beddit (Acquired by Apple Inc.), Dreem, Sleepace, Huami Corporation, Eight Sleep Inc., and Others.
Market Report Coverage
| Report Coverage |
Details |
| Growth Rate from 2024 to 2033 |
CAGR of 16.32% |
| Market Size in 2023 |
USD 19.68 Billion |
| Market Size in 2024 |
USD 22.97 Billion |
| Market Size by 2033 |
USD 92.20 Billion |
| Largest Market |
Asia Pacific |
| Base Year |
2023 |
| Forecast Period |
2024 To 2033 |
| Segments Covered |
Component, Operating System, and Region |
| Regions Covered |
North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa |
Sleep Monitoring Devices Key Players
- esMed Inc.
- Fitbit, Inc. (Now part of Google)
- Philips Healthcare
- Garmin Ltd.
- Withings (Nokia Health)
- Apple Inc.
- Sleep Number Corporation
- Xiaomi Corporation
- Oura Health Ltd.
- Emfit Ltd.
- Beddit (Acquired by Apple Inc.)
- Dreem
- Sleepace
- Huami Corporation
- Eight Sleep Inc.
Recent Developments
- In September 2022, Sleepme Inc., the parent company of ChiliSleep, unveiled groundbreaking technology called Hiber-AI and a non-wearable sleep tracker as part of the sleepme+ membership. Hiber-AI is a first-of-its-kind technology that collects, analyzes, and responds to sleep data in real-time, offering an innovative approach to sleep tracking and management.
- In May 2022, Huawei Vietnam launched three new smartwatches—Huawei Watch GT3 Pro, Watch Fit 2, and Watch Kids 4 Pro. These advanced smartwatches feature a range of functionalities, including health alerts, early sleep alerts, medication reminders, and insights into positive mood and exercise volume. This release reflects Huawei's ongoing commitment to providing comprehensive health and wellness features in their wearable technology products.
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