Transparency Market Research has published a new report, titled “Sleep Monitoring Devices Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025.” Sleep monitoring devices are becoming important tools in order to understand sleep physiology and pathophysiology to determine the wellness of human beings. Sleep tracking devices or sleep monitoring devices increasingly in demand on account of the growing prevalence of sleep related disorders, changing lifestyle, and increasing geriatric population. A rise in the awareness about good health and the presence of advanced and new technologies have led to the growth of the global sleep monitoring devices market.
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As good sleep is quintessential for the optimal health of a human being a lack of which can drastically affect the hormone levels the weight of a person as well as cause mood swings, it has become extremely important to make use of sleep tracking devices and bring about the change in the daily routine. With growing studies stating that poor quality sleep or a lack of sleep can increase the chances of depression, cardiovascular diseases, obesity, blood pressure, and diabetes, the study of sleep physiology and pathophysiology has become extremely important. Sleep monitors or sleep monitoring devices are expected to be in high demand with the growing understanding and realization that sleep is linked with almost every tissue and system in the body right from the brain, immune function, mood to the lungs, heart, and metabolism.
With growing incidences of obstructive sleep apnea, narcolepsy periodic limb movement disorder, and non rapid eye movement parasomnias, the growth of the Sleep monitoring devices Market assured. Recent technological advancements have made it possible for Sleep monitoring devices to be portable, enabling continuous assessment, self-experimentation, evaluation of temporal pattern, and measurement functions this is anticipated to boost the demand for these devices. On the other hand, the high cost may impact the growth of this market to some extent.
On the basis of geography, North America followed by Europe is leading in the sleep monitoring devices market. Favourable reimbursement policies, early adoption of new technology, and increasing awareness regarding health issues caused due to a lack of sleep are some of the factors driving the growth of the market in these two regions. Apart from North America and Europe, it is expected that the market for sleep monitoring devices will also develop at a rapid Pace in Asia-Pacific on account of rise in the awareness level about the negative effects of sleeping disorders among the people as well as a rise in the disposable income making it affordable for them to seek treatment for sleep disorders.
Some of the leading players within the global sleep monitoring devices Market mentioned in the report are NeuroVigil, Inc., Fitbit, Inc., MyCardio LLC, Lark Technologies, Inc., Innovative Sleep Solutions, Inc., Res Med, Jawbone, and BAM Labs, Inc.