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The global home sleep screening device market size accounted for USD 3,766 million in 2024 and is expected to exceed around USD 5,793 million by 2034, growing at a CAGR of 4.4% from 2024 to 2034.
With the rising cases of sleep disorders such as insomnia and sleep apnea worldwide, the demand for home sleep screening devices is increasing, which drives the growth of the market. These devices allow consumers to track and monitor their sleep cycles without visiting clinics. They are categorized into two types: wearable and non-wearable. Wearable sleep screening devices are in high demand, as they can easily connect to smartphone applications, enabling individuals to conduct sleep tests in the comfort of their homes. Moreover, increasing awareness about the adverse effects of sleep deprivation on overall health positively impacts the market.
Ongoing technological advancements are expected to create immense opportunities in the market. As technology evolves, consumers increasingly opt for user-friendly sleep monitoring devices. Thus, market players are incorporating advanced sensors in wearable sleep screening devices to make them more comfortable and convenient. In addition, integrating AI and ML algorithms in these devices enhances their analytical capabilities, providing users with detailed insights into their sleep patterns.
It is projected that North America will sustain its dominance in the market in the coming years. The region is at the forefront of technological advancements, leading to increased production of advanced sleep screening devices. Moreover, the increasing obstructive sleep apnea (OSA) cases are likely to contribute to regional market growth.
Published by Sanket Gokhale
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Stats ID: | 7632 |
Format: | Databook |
Published: | January 2025 |
Delivery: | Immediate |
Stats ID: | 7632 |
Format: | Databook |
Published: | January 2025 |
Delivery: | Immediate |
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