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NYSE:PHG 30 July 2025

Can Tech Cure Insomnia? Exploring the Gadgets That Promise the Best Sleep of Your Life

Can Tech Cure Insomnia? Exploring the Gadgets That Promise the Best Sleep of Your Life

The global sleep tech devices market exceeded $21 billion in 2023 and is expanding quickly. In 2024, Samsung and Apple watches received FDA approval for sleep apnea detection, while the Oura Ring Generation 4 added research-grade sensors. Modius Sleep, cleared by the FDA in late 2024, showed 95% sleep improvement in a clinical trial for chronic insomnia. SleepioRx gained FDA clearance in August 2024 as a prescription digital CBT-I therapy.
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