Asia Pacific Sleep Tech Devices Market Size and Share
| Study Period | 2019 - 2030 |
| Base Year For Estimation | 2024 |
| Forecast Data Period | 2025 - 2030 |
| Market Size (2025) | USD 3.63 Billion |
| Market Size (2030) | USD 6.93 Billion |
| CAGR (2025 - 2030) | 13.80% |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Asia Pacific Sleep Tech Devices Market Analysis by Mordor Intelligence
The Asia Pacific Sleep Tech Devices Market size is estimated at USD 3.63 billion in 2025, and is expected to reach USD 6.93 billion by 2030, at a CAGR of 13.8% during the forecast period (2025-2030).
Factors such as the increasing prevalence of sleep disorders and technological advancements in sleep tech devices are expected to bolster the market growth during the forecast period. For instance, a study published in March 2023 in the Journal of Clinical and Diagnostic Research for doctors revealed a high prevalence of insomnia in females residing in an urban locality of Bengaluru, Karnataka. Factors such as unemployment, single, poor self-perceived health (SPH) status, presence of chronic diseases, history of stressful life events, presence of financial dependency, and social assistance were found to be significantly associated with insomnia. Thus, considering such scenarios, the adoption of sleep tech devices in Asia-Pacific is expected to rise, leading to market growth during the forecast period.
Also, an increase in the geriatric population in India is another reason for the market growth during the forecast period. For instance, according to the United Nations Economic and Social Commission for Asia and the Pacific 2023 statistics, approximately 6 million people were expected to be more than 60 years old in Australia in 2023, which may rise to 7 million by 2030. The geriatric population is expected to be prone to insomnia and other sleep-related diseases, which is expected to drive market growth during the forecast period.
Further, the presence of key market players and their strategic product launches and collaborations are expected to fuel the market growth during the forecast period. For instance, in June 2023, a Bengaluru-based startup, Ultrahuman, launched a new wearable device called the Ultrahuman Ring Air, one of the world's lightest sleep-tracking wearables.
Thus, the market is expected to witness significant market growth during the forecast period due to the increase in the number of sleep-related diseases, the rise in the geriatric population, and strategic product launches. However, the high cost of sleep tech devices is expected to hinder market growth during the forecast period.
Asia Pacific Sleep Tech Devices Market Trends and Insights
The Smartwatches and Bands Segment is Expected to Witness Positive Growth During the Forecast Period
The smartwatches and bands segment is expected to hold a significant market share in the sleep tech devices market owing to the increasing awareness of technologically advanced products such as smartwatches and bands among people and the rise in a sedentary lifestyle. Smartwatches and bands help an individual to track their sleeping pattern. Smartwatches are the most used wearable devices. Smartwatches closely resemble wristwatches or other time-keeping devices. Smartwatches help track many health information such as blood oxygen level, heart rate, body temperature, sleep tracking, and blood pressure.
Also, various technological updates introduced by the key players in smartwatches for tracking sleep are expected to drive market growth. For instance, in February 2023, Ptron launched its latest smartwatch under its Force smartwatch series, expanding its wearable lineup in India. Dubbed X12N, the smartwatch has pre-installed watch faces and has health and fitness features, including SpO2, heart rate monitor, sleep tracking, and daily activity tracker. Similarly, in March 2023, Honor launched its new wearable device, Honor Band 7 NFC, a Band 7 fitness tracker supporting NFC connectivity in China. The model has advanced health and fitness-related features, including support of SpO2 blood oxygen level measurement, auto sleep monitoring, female health tracking, and up to 96 different sports mode tracking.
Moreover, an increase in research studies demonstrating the importance and advantages of smartwatches and bands in sleep monitoring is expected to favor the market growth during the forecast period. For instance, according to the research study conducted by researchers in Taiwan in January 2022 in the Biosensors Journal, the researchers proposed a new method for collecting and evaluating sleep data from Parkinson's disease (PD) patients using wearable devices. The algorithms detected and calculated the heart rate when the subjects were asleep. The smartwatch was a communication tool between PD patients, clinicians, and medical transdisciplinary teams.
Thus, owing to the rise in product launches and the increased benefits offered by smartwatches and bands, the segment is expected to witness significant growth during the forecast period.
India is Expected to Witness Healthy Growth in the Market During the Forecast Period
India is expected to witness significant growth in the market owing to the increase in sleep disorders and the rise in strategic product launches. For instance, according to a research study conducted by the researchers in AIIMS in October 2023, 11% of Indians (adults) suffer from obstructive sleep apnea (OSA), with men at higher risk (13%) compared to women (5%). OSA is driven by repetitive collapse of the upper airway during sleep. Thus, the presence of such sleeping disorders in India is expected to favor the adoption of sleep tech devices, leading to market growth during the forecast period.
Moreover, the presence of key market players and their strategic activities in India is expected to promote segment growth during the forecast period. For instance, in September 2022, Amazon launched its Halo Rise, a new, multi-purpose bedside tracker intended to help improve sleep in India. Halo Rise is equipped with built-in sensor technology and operates silently in the background to deliver highly accurate insights and personalized sleep analysis. Similarly, in May 2022, Garmin launched a new smartwatch, Vivomove Sport in India. The hybrid smartwatch provides health monitoring features like SpO2 tracking, heart rate and sleep tracking, body battery energy monitoring, menstrual cycle and pregnancy tracking, symptoms, hydration logging, and all-day stress monitoring.
Hence, the segment is expected to witness significant growth during the forecast period due to the increase in sleep disorder cases and the rise in advanced sleep tech devices.
Competitive Landscape
The Asia-Pacific sleep tech devices market is semi-consolidated due to the presence of a few companies operating globally and regionally. A few major companies in the market are Compumedics Limited, Huawei Technologies Co. Ltd, Nihon Kohden Corporation, Koninklijke Philips N.V., and ResMed.
Asia Pacific Sleep Tech Devices Industry Leaders
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Compumedics Limited
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Huawei Technologies Co., Ltd.
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Nihon Kohden Corporation
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Koninklijke Philips N.V.
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ResMed
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- June 2024: Wakefit unveiled an AI-driven mattress and tracker designed to enhance sleep quality in India. Wakefit's Zense series introduces two innovative sleep solutions: Regul8 and Track8. Regul8, a bedside device paired with a specialized bed cover, modifies mattress temperature in sync with the user's sleep schedule.
- March 2024: The Sleep Medicine Center at China Medical University Hospital (CMUH) in Taiwan launched iDREAM (Intelligent Detection of Respiratory Events through Automated Monitoring). This initiative, which integrates Quanta's QOCA Portable ECG Monitoring Device, aims to streamline the detection of apnea symptoms in patients sleeping at home.
Asia Pacific Sleep Tech Devices Market Report Scope
As per the scope of the report, sleep tech devices are designed to monitor and improve the outcome in patients with sleep disorders such as sleep apnea, insomnia, and narcolepsy.
The Asia-Pacific sleep tech devices market is segmented by product, end user, and geography. By product, the market is segmented into wearables and non-wearables. By end user, the market is segmented into hospitals, homecare settings, and other end users. Other end users are segmented into clinics and academia. By geography, the market is segmented into China, Japan, India, Australia, South Korea, and the Rest of Asia-Pacific. For each segment, the report offers market size and forecasts in terms of value (USD).
| Wearables | Smart Watches and Bands |
| Other Wearable Products | |
| Non-wearables | Sleep Monitors |
| Beds | |
| Other Non-wearable Products |
| Hospitals |
| Homecare Settings |
| Other End Users |
| China |
| Japan |
| India |
| Australia |
| South Korea |
| Rest of Asia-Pacific |
| By Product | Wearables | Smart Watches and Bands |
| Other Wearable Products | ||
| Non-wearables | Sleep Monitors | |
| Beds | ||
| Other Non-wearable Products | ||
| By End User | Hospitals | |
| Homecare Settings | ||
| Other End Users | ||
| Geography | China | |
| Japan | ||
| India | ||
| Australia | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
Key Questions Answered in the Report
How big is the Asia Pacific Sleep Tech Devices Market?
The Asia Pacific Sleep Tech Devices Market size is expected to reach USD 3.63 billion in 2025 and grow at a CAGR of 13.80% to reach USD 6.93 billion by 2030.
What is the current Asia Pacific Sleep Tech Devices Market size?
In 2025, the Asia Pacific Sleep Tech Devices Market size is expected to reach USD 3.63 billion.
Who are the key players in Asia Pacific Sleep Tech Devices Market?
Compumedics Limited, Huawei Technologies Co., Ltd., Nihon Kohden Corporation, Koninklijke Philips N.V. and ResMed are the major companies operating in the Asia Pacific Sleep Tech Devices Market.
What years does this Asia Pacific Sleep Tech Devices Market cover, and what was the market size in 2024?
In 2024, the Asia Pacific Sleep Tech Devices Market size was estimated at USD 3.13 billion. The report covers the Asia Pacific Sleep Tech Devices Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Asia Pacific Sleep Tech Devices Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.
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Asia Pacific Sleep Tech Devices Market Report
Statistics for the 2025 Asia Pacific Sleep Tech Devices market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia Pacific Sleep Tech Devices analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.
