Wearable sleep trackers market devices help in tracking the amount of sleep an individual needs to take in every twenty-four hour. Nowadays, insomnia, sleep deprivation, and various other disorder are common due to growing stress, increasing workload, and irregular sleep timings. The sleep trackers have a sensor close to the body that keeps a note of sleep patterns and cycle on a regular basis and record NREM and REM sleep and help in analyzing light and dark sleep patterns. Moreover, they can also help in maintaining fitness and activity monitor with the help of GPS. They also offer fitness uptakes like distance walked, calories consumed, and breathing and heart rate.
The global wearable sleep trackers market is categorized on the basis of product type, application, and distribution channel. Based on application, the market is segmented into sleep apnea, insomnia, and other including wellness application. Of these, others segment is estimated to lead the market during the forecast tenure and may hold high revenue share in the market.
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- Global Wearable Sleep Trackers Market: Regional Analysis
North America is projected to be the leading region for the global wearable sleep trackers market. This is because of growing prevalence of sleep apnoea, insomnia, and other sleep-related disorders the U.S. unhealthy lifestyle, stress, and obesity are considered some of the major factors for the growth sleep disorder among the people as analyzed by the National Institute of Health. Therefore, this region offers huge growth potential for this market. Moreover, easily available sleep trackers devices, growing expenditure on healthcare, and good wellness penetration is projected to contribute to the market growth in the near future.
- Global Wearable Sleep Trackers Market: Companies Mentioned
The global wearable sleep trackers market marks the presence of leading players such as Koninklijke Philips N.V., Huami Corporation, Fitbit, Inc., Fossil Group, Inc., Garmin Ltd., and Huawei Technologies Co., Ltd. The leading companies are making efforts in developing new wearable technologies