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Wearable Sleep Trackers Market Size, Share, & Trends Analysis Report, By Product (Watches, Bands, Earbuds), By Application (Insomnia, Sleep Apnea), By Region, And Segment Forecasts, 2024 - 2030

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  • 150 Pages
  • July 2024
  • Region: Global
  • Grand View Research
  • ID: 5990667
Description Jump to:
The global wearable sleep trackers market size is anticipated to reach USD 27.76 billion by 2030 and is projected to grow at a CAGR of 10.8% from 2024 to 2030, according to a new study. The increasing prevalence of sleep disorders such as insomnia, narcolepsy, and sleep apnea globally has led to a growing range of wearable sleep trackers. These trackers are anticipated to offer improved and healthier sleep to individuals affected by these conditions. As per Sleep Care online study 2023, between 50 million and 70 million individuals experience persistent sleep problems, with the most prevalent disorders being sleep apnea, insomnia and narcolepsy. The effect of these sleep disorders is not only subjective but also economic. Sleep disorders are projected to cost the healthcare sector USD 94.9 billion per year.

The growing technological advancements and innovations across the globe boost market growth. For instance, a ccording to the Business Standards article published in May 2024, in the Galaxy Watch series, Samsung is developing AI-powered health tracking features for its upcoming smartwatches.The company is planning to improve its sleep tracking capability with AI. The AI would analyze heart rate, movement, sleep latency and respiratory rate during sleep.

The growing advancements in technology have made wearable devices more sophisticated and accurate in monitoring sleep metrics. Moreover, the convenience and accessibility offered by wearable devices contribute to their popularity. Users can easily wear these devices throughout the night without the need for cumbersome wires or visits to sleep testing facilities, allowing for continuous monitoring in the comfort of their own homes.

Wearable Sleep Trackers Market Report Highlights

  • The watches segment led the market with the largest revenue share of 80.3% in 2023, due to the integration of advanced sleep tracking technologies in watches which has been a driving factor in their market dominance
  • Based on application, the insomnia segment led the market with the largest revenue share of 48.1% in 2023, due to the rising prevalence of insomnia since the COVID-19 pandemic
  • North America dominated the market with a revenue share of 43.0% in 2023, owing to the existence of a larger number of patients and the growing geriatric population


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Table of Contents

Chapter 1. Methodology and Scope
1.1. Market Segmentation & Scope
1.1.1. Segment scope
1.1.2. Regional scope
1.1.3. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
1.3.1. Purchased database
1.3.2. Internal database
1.3.3. Secondary sources
1.3.4. Primary research
1.3.5. Details of primary research
1.4. Information or Data Analysis
1.4.1. Data analysis models
1.5. Market Formulation & Validation
1.6. Model Details
1.6.1. Commodity flow analysis (Model 1)
1.6.1.1. Approach 1: Commodity flow approach
1.7. Research Assumptions
1.8. List of Secondary Sources
1.9. List of Primary Sources
Chapter 2. Executive Summary
2.1. Market Outlook
2.2. Segment Outlook
2.2.1. Product outlook
2.2.2. Application outlook
2.2.3. Regional outlook
2.3. Competitive Insights
Chapter 3. Wearable Sleep Trackers Market Variables, Trends & Scope
3.1. Market Lineage Outlook
3.1.1. Parent market outlook
3.2. Market Dynamics
3.2.1. Market driver analysis
3.2.2. Market restraint analysis
3.3. Sleep Tracking Devices: Market Analysis Tools
3.3.1. Industry Analysis - Porter’s
3.3.2. PESTLE Analysis
3.4. Regulatory Framework
Chapter 4. Wearable Sleep Trackers Market Segment Analysis, By Product, 2018 - 2030 (USD Million)
4.1. Definition and Scope
4.2. Product Market Share Analysis, 2023 & 2030
4.3. Segment Dashboard
4.4. Global Wearable Sleep Trackers Market, by Product, 2018 to 2030
4.5. Watches
4.5.1. Watches market estimates and forecasts, 2018 to 2030 (USD Million)
4.6. Bands
4.6.1. Bands market estimates and forecasts, 2018 to 2030 (USD Million)
4.7. Earbuds
4.7.1. Earbuds market estimates and forecasts, 2018 to 2030 (USD Million)
4.8. Others
4.8.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 5. Wearable Sleep Trackers Market Segment Analysis, By Application, 2018 - 2030 (USD Million)
5.1. Definition and Scope
5.2. Application Market Share Analysis, 2023 & 2030
5.3. Segment Dashboard
5.4. Global Wearable Sleep Trackers Market, by Application, 2018 to 2030
5.5. Insomnia
5.5.1. Insomnia market estimates and forecasts, 2018 to 2030 (USD Million)
5.6. Sleep Apnea
5.6.1. Sleep apnea market estimates and forecasts, 2018 to 2030 (USD Million)
5.7. Others
5.7.1. Others market estimates and forecasts, 2018 to 2030 (USD Million)
Chapter 6. Wearable Sleep Trackers Market Segment Analysis, By Region, By Product, By Application, 2018 - 2030 (USD Million)
6.1. Regional Market Share Analysis, 2023 & 2030
6.2. Regional Market Dashboard
6.3. Regional Market Snapshot
6.4. Wearable Sleep Trackers Market Share by Region, 2023 & 2030:
6.5. North America
6.5.1. North America wearable sleep trackers market, 2018 - 2030 (USD Million)
6.5.2. U.S.
6.5.2.1. U.S. wearable sleep trackers market, 2018 - 2030 (USD Million)
6.5.3. Canada
6.5.3.1. Canada wearable sleep trackers market, 2018 - 2030 (USD Million)
6.5.4. Mexico
6.5.4.1. Mexico wearable sleep trackers market, 2018 - 2030 (USD Million)
6.6. Europe
6.6.1. Europe wearable sleep trackers market, 2018 - 2030 (USD Million)
6.6.2. UK
6.6.2.1. UK wearable sleep trackers market, 2018 - 2030 (USD Million)
6.6.3. Germany
6.6.3.1. Germany wearable sleep trackers market, 2018 - 2030 (USD Million)
6.6.4. France
6.6.4.1. France wearable sleep trackers market, 2018 - 2030 (USD Million)
6.6.5. Italy
6.6.5.1. Italy wearable sleep trackers market, 2018 - 2030 (USD Million)
6.6.6. Spain
6.6.6.1. Spain wearable sleep trackers market, 2018 - 2030 (USD Million)
6.6.7. Norway
6.6.7.1. Norway wearable sleep trackers market, 2018 - 2030 (USD Million)
6.6.8. Sweden
6.6.8.1. Sweden wearable sleep trackers market, 2018 - 2030 (USD Million)
6.6.9. Denmark
6.6.9.1. Denmark wearable sleep trackers market, 2018 - 2030 (USD Million)
6.7. Asia Pacific
6.7.1. Asia Pacific wearable sleep trackers market, 2018 - 2030 (USD Million)
6.7.2. Japan
6.7.2.1. Japan wearable sleep trackers market, 2018 - 2030 (USD Million)
6.7.3. China
6.7.3.1. China wearable sleep trackers market, 2018 - 2030 (USD Million)
6.7.4. India
6.7.4.1. India wearable sleep trackers market, 2018 - 2030 (USD Million)
6.7.5. Australia
6.7.5.1. Australia wearable sleep trackers market, 2018 - 2030 (USD Million)
6.7.6. South Korea
6.7.6.1. South Korea wearable sleep trackers market, 2018 - 2030 (USD Million)
6.7.7. Thailand
6.7.7.1. Thailand wearable sleep trackers market, 2018 - 2030 (USD Million)
6.8. Latin America
6.8.1. Latin America wearable sleep trackers market, 2018 - 2030 (USD Million)
6.8.2. Brazil
6.8.2.1. Brazil wearable sleep trackers market, 2018 - 2030 (USD Million)
6.8.3. Argentina
6.8.3.1. Argentina wearable sleep trackers market, 2018 - 2030 (USD Million)
6.9. Middle East & Africa
6.9.1. Middle East & Africa wearable sleep trackers market, 2018 - 2030 (USD Million)
6.9.2. South Africa
6.9.2.1. South Africa wearable sleep trackers market, 2018 - 2030 (USD Million)
6.9.3. Saudi Arabia
6.9.3.1. Saudi Arabia wearable sleep trackers market, 2018 - 2030 (USD Million)
6.9.4. UAE
6.9.4.1. UAE wearable sleep trackers market, 2018 - 2030 (USD Million)
6.9.5. Kuwait
6.9.5.1. Kuwait wearable sleep trackers market, 2018 - 2030 (USD Million)
Chapter 7. Competitive Landscape
7.1. Recent Developments & Impact Analysis, By Key Market Participants
7.2. Company Categorization
7.3. Company Profiles
7.3.1. Fitbit
7.3.1.1. Company overview
7.3.1.2. Financial performance
7.3.1.3. Product benchmarking
7.3.1.4. Strategic initiatives
7.3.2. Apple Inc.
7.3.2.1. Company overview
7.3.2.2. Financial performance
7.3.2.3. Product benchmarking
7.3.2.4. Strategic initiatives
7.3.3. Xiaomi
7.3.3.1. Company overview
7.3.3.2. Financial performance
7.3.3.3. Product benchmarking
7.3.3.4. Strategic initiatives
7.3.4. ResMed
7.3.4.1. Company overview
7.3.4.2. Financial performance
7.3.4.3. Product benchmarking
7.3.4.4. Strategic initiatives
7.3.5. Garmin Ltd.
7.3.5.1. Company overview
7.3.5.2. Financial performance
7.3.5.3. Product benchmarking
7.3.5.4. Strategic initiatives
7.3.6. Huawei Device Co., Ltd.
7.3.6.1. Company overview
7.3.6.2. Financial performance
7.3.6.3. Product benchmarking
7.3.6.4. Strategic initiatives
7.3.7. Fossil Inc.
7.3.7.1. Company overview
7.3.7.2. Financial performance
7.3.7.3. Product benchmarking
7.3.7.4. Strategic initiatives
7.3.8. Oura Health Oy.
7.3.8.1. Company overview
7.3.8.2. Financial performance
7.3.8.3. Product benchmarking
7.3.8.4. Strategic initiatives
7.3.9. Zepp Health Corporation Ltd.
7.3.9.1. Company overview
7.3.9.2. Financial performance
7.3.9.3. Product benchmarking
7.3.9.4. Strategic initiatives
7.3.10. Koninklijke Philips N.V.
7.3.10.1. Company overview
7.3.10.2. Financial performance
7.3.10.3. Product benchmarking
7.3.10.4. Strategic initiatives
List of Tables
Table 1 List of Secondary Sources
Table 2 List of Abbreviations
Table 3 Global wearable sleep trackers market, by region, 2018 - 2030 (USD Million)
Table 4 Global wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 5 Global wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 6 North America wearable sleep trackers market, by region, 2018 - 2030 (USD Million)
Table 7 North America wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 8 North America wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 9 U.S. wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 10 U.S. wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 11 Canada wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 12 Canada wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 13 Mexico wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 14 Mexico wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 15 Europe wearable sleep trackers market, by region, 2018 - 2030 (USD Million)
Table 16 Europe wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 17 Europe wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 18 Germany wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 19 Germany wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 20 UK wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 21 UK wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 22 France wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 23 France wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 24 Italy wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 25 Italy wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 26 Spain wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 27 Spain wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 28 Denmark wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 29 Denmark wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 30 Sweden wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 31 Sweden wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 32 Norway wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 33 Norway wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 34 Asia Pacific wearable sleep trackers market, by region, 2018 - 2030 (USD Million)
Table 35 Asia Pacific wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 36 Asia Pacific wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 37 China wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 38 China wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 39 Japan wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 40 Japan wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 41 India wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 42 India wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 43 South Korea wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 44 South Korea wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 45 Australia wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 46 Australia wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 47 Thailand wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 48 Thailand wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 49 Latin America wearable sleep trackers market, by region, 2018 - 2030 (USD Million)
Table 50 Latin America wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 51 Latin America wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 52 Brazil wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 53 Brazil wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 54 Argentina wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 55 Argentina wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 56 MEA wearable sleep trackers market, by region, 2018 - 2030 (USD Million)
Table 57 MEA wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 58 MEA wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 59 South Africa wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 60 South Africa wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 61 Saudi Arabia wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 62 Saudi Arabia wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 63 UAE wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 64 UAE wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
Table 65 Kuwait wearable sleep trackers market, by product, 2018 - 2030 (USD Million)
Table 66 Kuwait wearable sleep trackers market, by application, 2018 - 2030 (USD Million)
List of Figures
Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Sleep tracking devices market: outlook
Fig. 9 Sleep tracking devices competitive insights
Fig. 10 Parent market outlook
Fig. 11 Sleep tracking devices market driver impact
Fig. 12 Sleep tracking devices market restraint impact
Fig. 13 Porter’s Analysis
Fig. 14 PESTLE Analysis
Fig. 15 Sleep tracking devices market: Product movement analysis
Fig. 16 Sleep tracking devices market: Product outlook and key takeaways
Fig. 17 Watches market estimates and forecast, 2018 - 2030
Fig. 18 Bands estimates and forecast, 2018 - 2030
Fig. 19 Earbuds market estimates and forecast, 2018 - 2030
Fig. 20 Others estimates and forecast, 2018 - 2030
Fig. 21 Sleep tracking devices market: Application movement analysis
Fig. 22 Sleep tracking devices market: Application outlook and key takeaways
Fig. 23 Insomnia market estimates and forecast, 2018 - 2030
Fig. 24 Sleep apnea estimates and forecast, 2018 - 2030
Fig. 25 Others estimates and forecast, 2018 - 2030
Fig. 26 Global wearable sleep trackers market: Regional movement analysis
Fig. 27 Global wearable sleep trackers market: Regional outlook and key takeaways
Fig. 28 North America wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 29 Key country dynamics
Fig. 30 U.S wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 31 Key country dynamics
Fig. 32 Canada wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 33 Key country dynamics
Fig. 34 Mexico wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 35 Europe wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 36 Key country dynamics
Fig. 37 UK wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 38 Key country dynamics
Fig. 39 Germany wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 40 Key country dynamics
Fig. 41 Spain wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 42 Key country dynamics
Fig. 43 France wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 44 Key country dynamics
Fig. 45 Italy wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 46 Key country dynamics
Fig. 47 Norway wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 48 Key country dynamics
Fig. 49 Denmark wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 50 Key country dynamics
Fig. 51 Sweden wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 52 Asia Pacific wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 53 Key country dynamics
Fig. 54 Japan wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 55 Key country dynamics
Fig. 56 China wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 57 Key country dynamics
Fig. 58 India wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 59 Key country dynamics
Fig. 60 Australia wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 61 Key country dynamics
Fig. 62 South Korea wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 63 Key country dynamics
Fig. 64 Thailand wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 65 Latin America wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 66 Key country dynamics
Fig. 67 Brazil wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 68 Key country dynamics
Fig. 69 Argentina wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 70 MEA wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 71 Key country dynamics
Fig. 72 South Africa wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 73 Key country dynamics
Fig. 74 Saudi Arabia wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 75 Key country dynamics
Fig. 76 UAE wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 77 Key country dynamics
Fig. 78 Kuwait wearable sleep trackers market estimates and forecasts, 2018 - 2030 (USD Million)
Fig. 79 Key company categorization
Fig. 80 Heat map analysis, 2022 - 2023

Companies Mentioned

  • Fitbit
  • Apple Inc.
  • Xiaomi
  • ResMed
  • Garmin Ltd.
  • Huawei Device Co., Ltd.
  • Fossil Inc.
  • Ōura Health Oy.
  • Zepp Health Corporation Ltd.
  • Koninklijke Philips N.V.

Methodology

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Table Information

Report AttributeDetails
No. of Pages150
PublishedJuly 2024
Forecast Period2023 - 2030
Estimated Market Value ( USD ) in 2023 $ 13.4 Billion
Forecasted Market Value ( USD ) by 2030 $ 27.76 Billion
Compound Annual Growth Rate10.8%
Regions CoveredGlobal
No. of Companies Mentioned10

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About the Wearable Sleep Tracker Market

The Wearable Sleep Tracker market is a subset of the Wearable Technology industry. It is composed of products designed to monitor and analyze sleep patterns. These products are typically worn on the wrist or body and can track sleep duration, quality, and other metrics. They can also provide insights into sleep habits and offer personalized recommendations for improving sleep. The Wearable Sleep Tracker market has seen steady growth in recent years, driven by increasing consumer awareness of the importance of sleep and the availability of more sophisticated products. The market is expected to continue to grow as more people become aware of the benefits of tracking their sleep. Some companies in the Wearable Sleep Tracker market include Fitbit, Apple, Garmin, Oura, and SleepScore. Show Less Read more

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