Wearable Sleep Trackers Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Wearable Sleep Trackers Market is segmented by Product Type (Wrist Bands, Head Bands, Others), Application (Insomnia, Sleep Apnea, Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America).

Wearable Sleep Trackers Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Wearable Sleep Trackers Market Size

Wearable Sleep Trackers Market
Study Period 2019 - 2030
Market Size (2025) USD 2.40 Billion
Market Size (2030) USD 3.51 Billion
CAGR (2025 - 2030) 7.92 %
Fastest Growing Market Asia-Pacific
Largest Market North America
Market Concentration Low

Major Players

Global Wearable Sleep Trackers Market Major Players

*Disclaimer: Major Players sorted in no particular order

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Wearable Sleep Trackers Market Analysis

The Global Wearable Sleep Trackers Market size is estimated at USD 2.40 billion in 2025, and is expected to reach USD 3.51 billion by 2030, at a CAGR of 7.92% during the forecast period (2025-2030).

Unprecedented changes have occurred in people's lives as a result of the COVID-19 epidemic. For a lot of people, it has resulted in a lot of worry, anxiety, and worries about their health, social isolation, job, finances, and the difficulty of juggling work and family responsibilities. Sleep disruption and market growth are likely consequences of such a momentous life event. According to the study titled "Increased sleep duration and delayed sleep timing during the COVID-19 pandemic" Scientific Reports in July 2022, for 32% of users overall during the pandemic's acute phase, weekday sleep length increased by more than 20 minutes, while 17% of users reported sleeping less than normal. In addition, nearly all nations experienced considerable changes in sleep schedules in the second quarter (April to June) of 2020, just after the World Health Organization declared COVID-19. Thus, all people in every nation around the globe experienced changes in their sleep patterns during COVID-19, which had a substantial impact on the expansion of the market for sleep tracking devices.

The major factor attributing to the growth of the market is the rising incidence of sleep disorders like sleep apnea, insomnia, and narcolepsy globally. Therefore, the increasing variety of different types of wearable sleep trackers is expected to provide better and healthy sleep to people suffering from these disorders. According to the study titled "Prevalent, incident, and persistent insomnia in a population-based cohort tested before (2018) and during the first wave of COVID-19 pandemic (2020)" published in the Sleep in January 2022, Between 2018 and 2020, the prevalence of insomnia grew by 26.7%, from 25.4% to 32.2% (symptoms), and from 16.8% to 19% (syndrome). Thus, growing prevalence of insomnia across the globe the demand for sleep trackers is expected to increase to monitor the overall sleep performance, thereby boosting the market growth.

Health awareness, technological advancements, new product launches, and increasing research and development activities across the globe boost the market growth. For instance, in August 2021, Muse unveiled Muse S, the updated version of their well-liked EEG meditation and sleep headband. This improved plush brain-sensing headband uses real-time biofeedback to help people learn the art of meditation, fall asleep, stay asleep, and now go back to sleep if they wake up in the middle of the night. Thus, the growing prevalence of sleep disorders and product launches by the key market players support the market growth. However, the high cost of devices and increasing demand for nonwearable device trackers restrain the market growth.

Wearable Sleep Trackers Industry Overview

The Wearable Sleep Trackers market is moderately competitive. A few of the crucial approaches followed by players functioning in the market are, product advancement, invention, acquisitions and mergers. Some of the companies which are currently domianting the market are Koninklijke Philips N.V, Huami Corporation, Fitbit, Inc., Huawei Device Co., Ltd. , Sleepace.

Wearable Sleep Trackers Market Leaders

  1. Koninklijke Philips N.V

  2. Fitbit, Inc.

  3. Sleepace

  4. Huami Corporation

  5. Huawei Device Co., Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
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Wearable Sleep Trackers Market News

  • In July 2022, Boult Audio has marked its entry into the wearable segment by the launch of two smartwatches called Boult Drift and Boult Cosmic Smartwatch in India. These devices also feature sleep trackers that provide detailed analysis of sleep.
  • In May 2022, StimScience, introduced its new sleep tracking product, Somnee. It is an electronic headband that employs non-invasive, customised brain stimulation to help individuals fall asleep.

Wearable Sleep Trackers Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Overview
  • 4.2 Market Drivers
    • 4.2.1 Increasing Incidence of Sleep Disorders
    • 4.2.2 Increasing Geriatric Population
  • 4.3 Market Restraints
    • 4.3.1 High Cost of The Trackers
    • 4.3.2 Increasing Demand For Non Wearable Trackers
  • 4.4 Porter's Five Force Analysis
    • 4.4.1 Threat of New Entrants
    • 4.4.2 Bargaining Power of Buyers/Consumers
    • 4.4.3 Bargaining Power of Suppliers
    • 4.4.4 Threat of Substitute Products
    • 4.4.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size by Value - USD million)

  • 5.1 By Product Type
    • 5.1.1 Wrist Bands
    • 5.1.2 Head Bands
    • 5.1.3 Others
  • 5.2 By Application
    • 5.2.1 Insomnia
    • 5.2.2 Sleep Apnea
    • 5.2.3 Others
  • 5.3 Geography
    • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Mexico
    • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 France
    • 5.3.2.4 Italy
    • 5.3.2.5 Spain
    • 5.3.2.6 Rest of Europe
    • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 Japan
    • 5.3.3.3 India
    • 5.3.3.4 Australia
    • 5.3.3.5 South Korea
    • 5.3.3.6 Rest of Asia-Pacific
    • 5.3.4 Middle-East and Africa
    • 5.3.4.1 GCC
    • 5.3.4.2 South Africa
    • 5.3.4.3 Rest of Middle-East and Africa
    • 5.3.5 South America
    • 5.3.5.1 Brazil
    • 5.3.5.2 Argentina
    • 5.3.5.3 Rest of South America

6. COMPETITIVE LANDSCAPE

  • 6.1 Company Profiles
    • 6.1.1 Koninklijke Philips N.V
    • 6.1.2 Huami Corporation
    • 6.1.3 Fitbit, Inc.
    • 6.1.4 Huawei Device Co., Ltd.
    • 6.1.5 Sleepace.
    • 6.1.6 Emfit Ltd
    • 6.1.7 Fossil Group. Inc
    • 6.1.8 Withings
    • 6.1.9 Boult Audio
    • 6.1.10 StimScience
    • 6.1.11 Interaxon Inc.
    • 6.1.12 Muse Inc.
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

**Subject to Availability
**Competitive Landscape covers- Business Overview, Financials, Products and Strategies and Recent Developments
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Wearable Sleep Trackers Industry Segmentation

As per the scope of the report sleep tracking device takes the data regarding one's sleep and gives a complete analysis of it. It takes note of the time of sleep to the person's heart rate, breathing, snoring as well as the temperature; humidity of the person's surrounding environment or the room. The Wearable Sleep Trackers market is segmented by Product Type (Wrist Bands, Head Bands, Others), Application (Insomnia, Sleep Apnea, Others), and Geography (North America, Europe, Asia-Pacific, Middle East and Africa, and South America). The report also covers the estimated market sizes and trends for 17 different countries across major regions globally. The report offers the value (in USD million) for the above segments.

By Product Type Wrist Bands
Head Bands
Others
By Application Insomnia
Sleep Apnea
Others
Geography North America United States
Canada
Mexico
Europe Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
Middle-East and Africa GCC
South Africa
Rest of Middle-East and Africa
South America Brazil
Argentina
Rest of South America
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Wearable Sleep Trackers Market Research FAQs

How big is the Global Wearable Sleep Trackers Market?

The Global Wearable Sleep Trackers Market size is expected to reach USD 2.40 billion in 2025 and grow at a CAGR of 7.92% to reach USD 3.51 billion by 2030.

What is the current Global Wearable Sleep Trackers Market size?

In 2025, the Global Wearable Sleep Trackers Market size is expected to reach USD 2.40 billion.

Who are the key players in Global Wearable Sleep Trackers Market?

Koninklijke Philips N.V, Fitbit, Inc., Sleepace, Huami Corporation and Huawei Device Co., Ltd. are the major companies operating in the Global Wearable Sleep Trackers Market.

Which is the fastest growing region in Global Wearable Sleep Trackers Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Global Wearable Sleep Trackers Market?

In 2025, the North America accounts for the largest market share in Global Wearable Sleep Trackers Market.

What years does this Global Wearable Sleep Trackers Market cover, and what was the market size in 2024?

In 2024, the Global Wearable Sleep Trackers Market size was estimated at USD 2.21 billion. The report covers the Global Wearable Sleep Trackers Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Global Wearable Sleep Trackers Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Wearable Sleep Trackers Industry Report

Statistics for the 2025 Global Wearable Sleep Trackers market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Global Wearable Sleep Trackers 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.