Sleep Monitor Market Strategies and Outlook Analysis to 2023

February 14 17:08 2019
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The report on “Sleep Monitor Market ” helps you to understand the market size, share, growth, trends, major company’s performance data and market opportunities.

Sleep Monitor Market Overview:

The global sleep monitor market valuing USD 1,121.4 Million in 2016 is anticipated to record a significant CAGR of 18.4% till 2023.  Sleep monitors are majorly used to analyses and understand sleep physiology and pathophysiology for wellness in human beings taking into consideration all aspects that sleep affects. Sleep monitoring devices are also popularly known as sleep tracking devices.

Sleep Monitor Market Growth Drivers and Restraints:

The growth of the sleep tracking equipment market is mainly driven by increasing prevalence and incidence rate of sleep disorders. Other factors such as changing lifestyle pattern in most of developing countries, growing geriatric population, awareness of issues related to sleep deprivation are also driving the growth of the market. The incline of wearable smart sleep device market is credited to the rising adoption of technologically advanced devices on the back of escalating sleep disorders. 

 

Browse TOC and other details of 163 pages Sleep Monitor Market Research Report @ https://www.researchcosmos.com/reports/sleep-monitor-market-research-report-2017-global-industry-overview-trends-analysis-and-future-foreca/9975712

 

Sleep Monitor Market Segmentation Analysis:

The sleep monitoring devices market is segmented into diagnostic devices and therapeutic devices. Laboratory-based sleep tracking is also known as polysomnography and its devices include respiratory polygraphs, pulse oximeters, and acti-graph systems. Recent technological advancements and rise in prices of health care services have significantly boosted the demand for these devices. Portable devices have a multitude of advantages over lab techniques which include continuous measurement, evaluation of temporal pattern, and self-experimentation related with measurement functions. These portable sleep monitoring devices provide the capacity to obtain bulk of sleep-wake data that would improve customized health optimization, disease phenotyping, and personalized treatment decisions.

Sleep Monitor Market – Regional Analysis:

Presence of major key players in North America is also projected to bolster the growth of smart sleep tracking device portable market. The major countries witnessing the amplified demand for these devices are France, U.K. and other countries. Increased connectivity and a greater demand for healthcare devices are envisioned to foster the growth of smart sleep tracking device market in the Europe region, which currently holds the second largest position in the global market in terms of revenue. In Asia Pacific, the growth is credited to the rise of middle class and purchasing power of the population. 

 

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Some of the Key Players profiled in this Sleep Monitor Market Report are:

NeuroVigil, Inc., MyCardio LLC, Fitbit, Inc., Lark Technologies, Inc., Innovative Sleep Solutions, Inc., Jawbone, Res Med, BAM Labs, Inc.

 

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