Transforming Sleep Health: The Rise of Fitness Trackers in Sleep Monitoring
The global fitness tracker for sleep monitoring market size is estimated to reach USD 16.1 billion by 2030, according to a new study by Grand View Research, Inc. The market is projected to grow at a CAGR of 17.7% from 2023 to 2030. Increased awareness about the importance of quality sleep for overall health and well-being has driven consumer interest in sleep monitoring devices. As more people prioritize their sleep, they seek tools to help them understand and improve their sleep patterns. For instance, according to the National Institutes of Health 2023 statistics, around 50 to 70 million adults in the U.S. struggle with sleep disorders, encompassing 90 conditions impacting the quality and duration of their sleep cycles. Many of these individuals are troubled by insomnia, which reveals difficulty in falling and remaining asleep, often resulting in daytime drowsiness. Similarly, according to data from the American Academy of Sleep Medicine, insomnia symptoms ar...