Key Technologies Gathering Real-time Data to Improve Sleep Quality
October 16, 2017 | Frost & SullivanEstimated reading time: 3 minutes
The current sleep tech market is flooded with devices, sensors, wearables, and mobile applications that collect sleep data along with other physiological and lifestyle parameters. However, from a consumer standpoint, data collection is irrelevant if there is no action or direction that positively impacts sleep quality. Consumers today want the "so what" of their sleep and lifestyle data so they can make better choices and take control of their health. They would also like sleep solutions to intuitively and actively respond in real-time to physiological and environmental parameters, and create a better sleep atmosphere by adjusting air quality, room sounds, mattress firmness, among other comforts.
Frost & Sullivan’s analysis, Digital Health Sleep Technology Market—Companies-to-Action, 2017, profiles innovative vendors across diverse domains within sleep technology to highlight the most recent and successful and high-potential companies. Global trends, customer needs, growth opportunities, vendor ecosystems, strategies, and key success factors are also discussed. Vendor profiles include Beddit, Oura Health, Holi, Rem-Fit (Protect-A-Bed), Resmed Inc., Sleep Score Labs, Responsive Surface Technology, LLC, Select Comfort Corporation, Somnoware, and Nokia (Withings). This research is part of Digital Health Companies-To-Action Series which cover the following strategic markets: data analytics, oncology precision medicine, maternal care, information & communication technologies, and wellness technologies.
“Wearable, easy-to-use and affordable health and wellness devices increase the patient’s knowledge level and enhance the conversations with their physicians, thereby improving consumer engagement in their health. With increasing awareness of the importance of sleep in achieving better health, patients want to be in control of their sleep quality and related activities,” said Digital Health Analyst Natasha Gulati. “In the future, artificial intelligence (AI) systems will be the new partner for consumers. Amazon Alexa’s features can become an extended part of the patient care teams—both as an interface and as a proactive partner focused on health, wellness, home, diet, lifestyle, and sleep.”
A mobile application experience with sleep technology can bring a range of different approaches and data experiences, based entirely on a user’s preference in how they choose to interact with their data and insights. The main target for developers and manufacturers is to broaden their ability to work together as much as possible. Users actively leverage different applications for alternative purposes within their own platform experience, requiring retention of flexible options.
Further strategic imperatives for success and growth in the dynamic digital health sleep technology market include:
- Providing open platform flexibility, with smartphone or connected home-based platform integration to accommodate technology such as AI;
- Improving sleep as a top priority to answer the “so what” of data collection and what it specifically means to digital healthcare consumers;
- Integrating sleep device data with provider health IT systems, such as electronic health records (EHR), to better help support patient and population health interests as well as new technologies such as voice and AI to make solutions more intuitive and engaging;
- Leveraging crowdfunding through platforms such as Kickstarter and Indie GoGo to improve top- and bottom-line growth and sales volumes;
- Expanding platforms and integrating various health and home devices so that meaningful data analytics and actions can be provided to consumers to enhance their sleep; and
- Improving accuracy and trail work by leveraging consumer-focused sleep devices/data to encourage uptake.
“The next step to answering the ‘so what’ for consumers will be to integrate EHR data, such that sleep data can be used more comprehensively for health management,” noted Gulati. “What consumers really need are personalized feedback loops that empower them to make day-to-day and long-term decisions with the visibility of their impact on sleep and general health.”
Digital Health Sleep Technology Market—Companies-to-Action, 2017 is part of Frost & Sullivan’s Digital Health Growth Partnership Service program.
About Frost & Sullivan
Frost & Sullivan, the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants. For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community.
Suggested Items
IDTechEx Discusses Low-Loss Materials: The Enabler of Future Connected Vehicles?
05/06/2024 | IDTechExFuture connected vehicles will offer future drivers a safer, smoother, and more convenient driving experience. Not only will drivers get access to more navigation and entertainment options, but they will also gain access to safety technologies that will potentially reduce accidents, improve congestion, and reduce emissions globally by allowing vehicle safety systems to communicate with each other and with city traffic infrastructure.
BrainChip, Frontgrade Gaisler to Augment Space-Grade Microprocessors with AI Capabilities
05/06/2024 | BUSINESS WIREBrainChip Holdings Ltd, the world’s first commercial producer of ultra-low power, fully digital, event-based, neuromorphic AI IP, and Frontgrade Gaisler, a leading provider of space-grade system-on-chip solutions, announce their collaboration to explore the integration of BrainChip’s AkidaTM neuromorphic processor into Frontgrade Gaisler’s next generation fault-tolerant, radiation-hardened microprocessors.
Real Time with… IPC APEX EXPO 2024: Direct Imaging Equipment and Quad-wave DLP Light Engine Technology
05/03/2024 | Real Time with...IPC APEX EXPOGuest Editor Kelly Dack and MivaTek's Brendan Hogan delve into the company's innovative technologies, including direct imaging equipment and quad-wave DLP light engine technology. They highlight the benefits of direct imaging, compensation, and DART technology.
iNEMI Names Grace O'Malley CTO
05/02/2024 | iNEMIThe Board of Directors of the International Electronics Manufacturing Initiative (iNEMI) has named Grace O'Malley Chief Technical Officer (CTO).
Dubai Launches Global Blueprint for Artificial Intelligence
05/02/2024 | BUSINESS WIREDubai has launched a blueprint for Artificial Intelligence (AI), a yearly plan that will focus on harnessing the technology’s potential to improve quality of life around the world.