Growing Awareness of Sleep Disorders Fuels Sleep Tracker Growth, Researcher Finds

Wearables account for more than 65 percent of the $2.3 billion U.S. home sleep-screening devices market, reported Future Market Insights Thursday, but lower prices will contribute to a future rise in adoption of nonwearable devices for continuous sleep tracking that doesn’t require physical contact with the user. Overall revenue is expected to grow in the segment by 7 percent this year. Growing awareness of sleep disorders is driving demand for studies with home sleep-screening devices. It noted CTA’s collaboration with the National Sleep Foundation to define terms and functionality required for devices that measure sleep behavior. Primary sleep tracker form factors -- which include wristbands, headbands, masks and ring devices, and hybrid devices such as Fitbit’s Ionic, which tracks fitness and activity along with sleep patterns -- will help expand awareness and sales, the researcher said.