Europe Sleep Tech Devices Market to Cross USD 10 Bn by 2027

1. Europe Sleep Tech Devices Market to grow at 17.4% CAGR from 2021 to 2027: Graphical Research ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

2. Europe Sleep Tech Devices Market is seeing greater deployment due to the spiraling incidence of sleep disorders amongst the regional population. As the awareness regarding the importance of sleep has been proliferating, a growing number of individuals are seeking high-tech gadgets for tracking their daily sleep activity and sleep patterns. Research has revealed the relationship between sleep and mental health status. The COVID-19 pandemic has been responsible for greater awareness regarding one’s emotional and mental health & well-being. With several sleep tech device manufacturers advocating the benefits of these devices and promoting them through health care givers, the adoption rate is likely to register a new milestone over the next few years. By 2027, Europe sleep tech devices industry size is anticipated to surpass $10 billion, thanks to the expanding patient pool seeking medical care, treatment, and services for sleep disorders. In terms of users according to gender, European sleep tech devices market has been segmented into female and male. While both, women and men of working age groups have been exhibiting an increasing interest in sleep tech devices, the female user segment is expected to expand constantly through 2027 and was valued at $1.5 billion during 2020. This is because women tend to face pressure from their challenging environments, both at work and at home due to the multiple responsibilities. Mental stress affects their sleep cycles, leading to bad quality sleep. Wearable sleep tech devices and non-wearable sleep tech devices are the two major categories of Europe sleep tech industry share. Of these, the industry share from wearable sleep tech devices represented more than 76% of the total market during 2020. The segment is projected to see high expansion rate through the forecast timeframe due to their ease of use and the availability of a host of options to choose from. ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

3. Get sample copy of this research report @ https://bit.ly/3vx0nrk The non-wearable sleep tech devices are also poised for considerable growth. These devices are further categorized into sleep monitors and beds, amongst others. As they are equipped with latest algorithms and technologies for gaining insights into sleep patterns through precise measurement of the breathing patterns of the user, sleep cycles can be improved efficiently. In terms of application, the market has been bifurcated into narcolepsy, obstructive sleep apnea, insomnia, among others. Of these, narcolepsy segment held over 16% of the total Europe industry share during 2020 and will see a stable growth through 2027. Being a chronic sleep disorder that often leads to excessive day time drowsiness, narcolepsy affects individuals of all ages. These individuals find it difficult to remain awake for long periods of time during the day and have been seeking solutions to mitigate their low quality of life and reduced productivity. In terms of distribution, hospitals, direct-to-consumer, and specialty clinics, are some of the major segments of the sleep tech devices market. The use across hospital segment is poised for maximum expansion through the forecast timeline and held around 14% of the total industry share during 2020. The growing availability of specialists and primary care practitioners who recommend the use of these devices is promoting their adoption. European healthcare boasts of an advanced infrastructure with greater emphasis on quality care offered across hospitals, especially in the context of the COVID-19 pandemic. Emfit, Eight sleep, Xiaomi, Oura Health, Dodow, Dreem, and Sleep Shepherd are some of the market participants leading the Europe sleep tech devices market. Request for customization @ https://bit.ly/3Bu5j4h ©2018 Graphical Research. All rights reserved. www.graphicalresearch.com

4. Segmentation of Europe Sleep Tech Devices Market: • Europe Market, By Product • Wearables • Smart watches and bands • Others • Non-wearables • Sleep monitors • Beds • Others • Europe 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. Europe Market, By Application • Insomnia • Obstructive sleep apnea • Narcolepsy • Others • Europe Market, By Distribution Channel • Specialty clinics • Direct-to-Consumer • Hospital • Others • The above information has been provided for the following countries: • Europe • Germany • UK • France • Italy • Spain • Russia • The Netherlands • Denmark • Poland ©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

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