In June 2022, Amazefit, a smart wearable brand, launched GTS 2 smartwatch with some special features such as sleep monitoring in India.In June 2022, pTron, an Indian electronics manufacturer, announced the launch of a new smartwatch in India: the Force X10E, which includes features such as sleep monitoring.In June 2022, Garmin, a Swiss-domiciled multinational technology company, launched its Vivosmart 5 fitness band in India, with health features such as it comes with advanced sleep monitoring (with sleep stages).Key sleep tech devices companies such as Koninklijke Philips N.V, Huawei Device Co Ltd, ResMed, Xiaomi, Apple Inc, ASUSTeK Computer Inc, SAMSUNG, Masimo, Garmin Ltd, Compumedics Limited, NIHON KOHDEN CORPORATION, Cadwell Industries Inc, Eight Sleep, Emfit Ltd, Ōura Health, Sleep Shepherd LLC, Sleepace, Apollo Neuroscience Inc, Braebon Medical Corporation, Noise, and several others are currently dominating the sleep tech devices market.As per DelveInsight estimates, North America is anticipated to dominate the global sleep tech devices market during the forecast period.Key Takeaways from the Sleep Tech Devices Market Report 22, 2022 /PRNewswire/ - DelveInsight's Sleep Tech Devices Market Insights report provides the current and forecast market, forthcoming device innovation, individual leading companies' market shares, challenges, sleep tech devices market drivers, barriers, and trends, and key sleep tech devices companies in the market.
As a result, the sleep tech devices market is expected to rise at a considerable CAGR from 2022 to 2027. The sleep tech devices market is expected to boost positively due to factors such as an ageing population, an increase in the prevalence of sleep disorders such as insomnia and narcolepsy, and an increase in the development of technologically advanced sleep tech devices.
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