Europe Sleep App Market Size, Share, and COVID-19 Impact Analysis, By Device Type (Wearable Devices and Non-Wearable Devices), By End-User (Hospitals, Sleep Centers, Home Care Settings, and Diagnostic Laboratories), and Europe Sleep App Market Insights, Industry Trend, Forecasts to 2033.

Europe Sleep App Market Insights Forecasts to 2033

• The Europe Sleep App Market Size was valued at USD 295.17 Million in 2023.
• The Market Size is Growing at a CAGR of 14.51% from 2023 to 2033
• The Europe Sleep App Market Size is Expected to Reach USD 1144.01 Million by 2033

The Europe Sleep App Market Size is Anticipated to Reach USD 1144.01 Million by 2033, Growing at a CAGR of 14.51% from 2023 to 2033.

Market Overview

The European sleep app market is a developing market for smartphone apps that improve users' sleep quality. These apps have features like guided meditations, white noise machines, relaxation techniques, personalized advice, and sleep tracking. Sleep apps have gained popularity as an easy-to-use and reasonably priced way to treat sleep disorders like insomnia, sleep apnea, and stress-induced disruptions as more people become aware of the importance of sleep for preserving health and well-being. The increased prevalence of sleep disorders in Europe is one of the main factors propelling the growth of the sleep app market in that continent. More people in the area are experiencing sleep disorders for a variety of reasons, including stress, extended workdays, and increased use of electronics before bed. Sleep apps give users a simple and inexpensive way to monitor their sleeping patterns and improve the quality of their sleep. Additionally, the use of digital health tools like sleep apps has increased due to the increased demand for wellness and self-care. The Europe sleep app market is expanding due to government programs, health institutions promoting sleep hygiene, and regulatory agencies ensuring user data safety and privacy. With more innovations and health consciousness, the market is expected to grow further.

Report Coverage

This research report categorizes the market for the Europe sleep app market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Europe sleep app market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Europe sleep app market.

Driving Factors

The rising prevalence of sleep disorders brought on by high stress levels, hectic work schedules, and extended screen time in the hours before bed is one of the key factors propelling the Europe sleep app market. Customers are turning to sleep apps as a quick and simple way to improve the quality of their sleep as they become more aware of the negative health effects of inadequate sleep. These apps make it simple for users to monitor and enhance their sleeping patterns by offering personalized tracking, real-time information, and sleep relaxation techniques. The adoption of sleep apps as part of a broader lifestyle improvement is also being driven by the expanding wellness and self-care movement.

Restraining Factors

The Europe sleep app market faces challenges due to data privacy and security concerns, particularly with stringent regulations like GDPR. Sleep apps may not always be clinically accurate or reliable, limiting their appeal to users seeking more scientifically supported solutions.

Market Segmentation

The Europe sleep app market share is classified into device type and end-user.

• The wearable devices segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

The Europe sleep app market is segmented by device type into wearable devices and non-wearable devices. Among these, the wearable devices segment accounted for the largest share in 2023 and is expected to grow at a significant CAGR during the forecast period. Wearable technology, including smartwatches and fitness trackers, is gaining popularity for monitoring health indicators like sleep patterns, heart rate, and physical activity. These devices, often paired with sleep apps, provide real-time data for improved sleep quality.

• The home care settings segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period.

Based on the end-user, the Europe sleep app market is divided into hospitals, sleep centers, home care settings, and diagnostic laboratories. Among these, the home care settings segment accounted for the highest share in 2023 and is expected to grow at a significant CAGR during the forecast period. The growing demand for personalized healthcare solutions and mobile technology usage has led to the rise in the popularity of sleep apps for home use, enabling individuals to track and improve their sleep patterns.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Europe sleep app market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Withings
• Oura
• Emma
• Sleep Cycle
• Fitbit
• ResMed
• Philips
• Pillow
• Others

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In May 2024, a sound-based sleep tracking feature was introduced by Emma Up, an AI-powered sleep coaching app developed by Emma – The Sleep Company. With practical suggestions, this innovation promotes better sleep quality by providing users with individualized insights into their sleep patterns.

Market Segment

This study forecasts revenue at Europe, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the Europe sleep app market based on the below-mentioned segments:

Europe Sleep App Market, By Device Type

• Wearable Devices
• Non-wearable Devices

Europe Sleep App Market, By End-User

• Hospitals
• Sleep Centers
• Home Care Settings
• Diagnostic Laboratories