The global contact-free sleep monitoring systems market size is anticipated to exceed a valuation of USD 98.6 million in 2023 and is projected to attain a valuation of USD 214.7 million by 2033. The contact-free sleep monitoring systems market share is foreseen to thrive at a CAGR of 8.1% from 2023 to 2033.
Self-care and tracking one’s personal health are growing trends as the world’s emphasis on health and wellness is increasing. Consumers are actively looking for goods and services that improve their health, including tools for monitoring their sleep patterns. By providing a simple approach for people to monitor their sleep quality and adjust their lifestyles, contact-free sleep monitoring systems fit well with this trend.
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The healthcare sector, particularly hospitals and sleep clinics, has found utility in contact-free sleep monitoring equipment. These devices are useful tools for medical professionals to accurately detect sleep problems and track patients’ sleep patterns throughout overnight studies. They are suitable for use with patients who might be sensitive to conventional monitoring techniques due to their non-invasive nature. Growing healthcare applications are expected to uptick market growth in the coming years.
The growth of wearable technology, including smartwatches and fitness bands, has significantly boosted the market for sleep monitoring. Several of these wearables provide sleep-tracking features, such as contact-free sleep monitoring options. The popularity of sleep monitoring technologies is increasing as wearable technology becomes more widespread.
The market for sleep monitoring is benefiting from the worldwide shift towards telemedicine and remote health monitoring. Through the integration of contact-free sleep monitoring equipment into telehealth platforms, medical experts are able to remotely track patients’ sleep patterns and provide individualized recommendations or interventions.
Key Takeaways: Contact-Free Sleep Monitoring Systems Market
- North America Leads the Market
- North America held the largest market share at over 6% in 2022, driven by widespread sleep disorders such as insomnia and sleep apnea.
- According to the CDC, 2% of U.S. adults sleep less than 7 hours per night, with nearly half feeling sleepy throughout the day.
- The high prevalence of sleep disorders is propelling rapid adoption of contact-free sleep monitoring solutions.
- Europe Emerges as a Robust Growth Region
- Europe is projected to hold a 3% market share in 2023, thanks to rising health awareness and a strong focus on personal well-being.
- Around 1 billion people globally suffer from sleep apnea, with many based in Europe, highlighting the demand for effective monitoring solutions.
- Countries like Germany, Italy, and France are key growth drivers due to increased consumer awareness.
- Asia Pacific Offers Lucrative Opportunities
- Expected to capture a 5% market share in 2023, Asia Pacific is benefitting from improved healthcare infrastructure and rising disposable incomes.
- Favorable reimbursement policies and increasing incidence of chronic and age-related diseases are accelerating market demand.
- The growing geriatric population is contributing to higher rates of snoring and sleep disturbances, further driving adoption.
- Middle East & Africa Show Promising Growth
- The region is projected to account for 0% of the market in 2023.
- Growing awareness around the health risks of sleep apnea and snoring is creating new market opportunities.
- Ongoing health education and awareness campaigns are expected to enhance regional market penetration.
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Competitive Landscape
The global contact-free sleep monitoring systems market is characterized by intense competition due to the presence of numerous key players. Leading companies in the market include SleepScore Labs, ResMed, Samsung, EarlySense Ltd., and Sense, among others. These global players hold a substantial share of the market. However, regional-level manufacturers also maintain a strong presence, particularly in growth-centric areas such as North America, further intensifying the competitive dynamics.
Recent Developments – Insights from FMI
- August 2022: Taiwanese startup Cubo Ai unveiled its AI Sleep Sensor Pad, designed to complement its award-winning Cubo Ai Plus Smart Baby Monitor. This new device enhances infant safety by detecting breathing movements, offering parents added peace of mind. The product was showcased at CES 2022.
- January 2022: EarlySense®, a leader in contact-free continuous monitoring solutions, introduced its InSight+® sensing technology system—an investigational device recognized as a CES® 2022 Innovation Awards Honoree, though not yet available for commercial sale.
Key Players in the Competitive Analysis
- SleepScore Labs
- ResMed
- Samsung
- EarlySense Ltd.
- Fitbit
- Apple
- Quantum Wyse
- Huawei
- Miui
- Oxehealth
- iHealth Labs
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Market Segmentation: Contact-Free Sleep Monitoring Systems
By Component Type:
- System
- Software
By End User:
- Hospitals
- Long-Term Care Centers
- Rehabilitation Centers
- Homecare Settings
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa (MEA)
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