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Asia Pacific Sleep Tech Devices Market to Cross USD 8 Bn by 2027

Asia Pacific Sleep Tech Devices Market forecast has rising with the growing percentage of elderly population across Asia. Sleep disorders are becoming more commonplace amongst the geriatric population due to lifestyle factors such as increased alcohol consumption, rising intake of certain nutritional supplements, and lack of activity. Older adults are more vulnerable to multiple diseases and disorders that trigger sleep deprivation and disrupted, low-quality sleep.

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Asia Pacific Sleep Tech Devices Market to Cross USD 8 Bn by 2027

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  1. Asia Pacific Sleep Tech Devices Market to grow at 18.1% CAGR from 2021 to 2027: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  2. Asia Pacific Sleep Tech Devices Market forecast has rising with the growing percentage of elderly population across Asia. Sleep disorders are becoming more commonplace amongst the geriatric population due to lifestyle factors such as increased alcohol consumption, rising intake of certain nutritional supplements, and lack of activity. Older adults are more vulnerable to multiple diseases and disorders that trigger sleep deprivation and disrupted, low-quality sleep. Individuals suffering from insomnia, sleep apnea and narcolepsy can reap the benefits of these technologically upgraded sleep-aid devices including sleep pads, smart watches, rings, and head belts. These are widely available across the APAC region in an attractive range of products. By 2027, Asia Pacific sleep tech devices market value is set to reach $8 billion. The promising growth can be attributed to the focus toward improved patient care in Asian countries. With multiple sleep tech manufacturers engaging in the development of sleep-aid technologies, the efficacy of sleep monitoring products has improved considerably. In terms of product type, APAC sleep tech devices market outlook has been differentiated by non-wearables and wearables. Non-wearable sleep tech devices are usually meant to be placed in the user’s bedroom. They include sleep monitors, smart beds, and other devices. These devices are integrated with advanced sensors for providing detailed biometric sleep data. They aid in achieving deeper and more consistent sleep, fueling sleep tech devices market size. In terms of gender, the sleep tech devices market forecast has been categorized into male and female. Since men face considerable workplace competitiveness alongside a fast-track lifestyle, their growing stress levels affect their sleep quality. As wearable sleep tech devices are easier to carry while travelling, men have been adopting these devices for ensuring high quality sleep and overall well-being. With a growing number of individuals having trouble falling asleep and rising early in the morning, sleep tech devices are being perceived as some sort of a key improvement formula. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  3. Get sample copy of this research report @ https://bit.ly/3cvZEQI India sleep tech devices market share is slated to grow at more than 19.5% CAGR through 2027, promoted by the enhanced focus toward mental health. Sleep tech wearables can cater to the needs of the working population as well as the elderly. Sleep inefficiency is often associated with cardiovascular diseases, diabetes, hypertension, cerebrovascular disease, and accidents. As such, numerous sleep tech startups including Bengaluru-based Wakefit and Dozee, have been emerging across the nation. In terms of distribution channel, the sleep tech devices market in Asia Pacific is divided into hospitals, direct-to-consumer, and specialty clinics amongst others. The market share from direct-to-consumer segment is projected to see a spiraling expansion rate of over 17% CAGR through the projected timeframe, fostered by the rising awareness regarding the availability of advanced sleep-aid and sleep monitoring devices across online platforms in Asia. Asian online retailers are rigorously promoting the use of sleep tech products across their platforms by offering discounts and offers. Some of the major sleep tech manufacturers and distributors in Asia Pacific include Koninklijke Philips, Sleepace, Oura Health, Fitbit, Beddit, Xiaomi, ResMed, Dream, and Dodow. Request for customization @ https://bit.ly/3PpMeEt ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  4. Segmentation of Asia Pacific Sleep Tech Devices Market: • Asia Pacific Market, By Product • Wearables • Smart watches and bands • Others • Non-wearables • Sleep monitors • Beds • Others • Asia Pacific Market, By Gender • Male • <18 • 18-36 • 37-55 • >55 • Female • <18 • 18-36 • 37-55 • >55 ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  5. Asia Pacific Market, By Application • Insomnia • Obstructive sleep apnea • Narcolepsy • Others • Asia Pacific Market, By Distribution Channel • Specialty clinics • Direct-to-Consumer • Hospital • Others • The above information has been provided for the following countries: • Asia Pacific • China • Japan • India • Australia • South Korea • Taiwan • Malaysia • New Zealand • Indonesia ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  6. About Graphical Research: Graphical Research is a business research firm that provides industry insights, market forecast and strategic inputs through granular research reports and advisory services. We publish targeted research reports with an aim to address varied customer needs, from market penetration and entry strategies to portfolio management and strategic outlook. We understand that business requirements are unique: our syndicate reports are designed to ensure relevance for industry participants across the value chain. We also provide custom reports that are tailored to the exact needs of the customer, with dedicated analyst support across the purchase lifecycle. Contact Us: Parikhit B. Corporate sales, Graphical Research Email:sales@graphicalresearch.comWeb: https://www.graphicalresearch.com ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

  7. Stay In Touch With Us For: Website: www.graphicalresearch.com Social Media: Assured Quality On-Time Delivery Payment Security Industry Experts ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

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