Market Overview:
The global sleep diagnostic devices market is expected to grow at a CAGR of 5.8% from 2018 to 2030. The growth in the market can be attributed to the increasing prevalence of sleep disorders, growing awareness about sleep health, and technological advancements in sleep diagnostic devices. Based on type, the global sleep diagnostic devices market is segmented into full attended PSG, portable unattended PSG, four-channel HST, and three-channel HST. The full attended PSG segment is expected to dominate the market during the forecast period owing to its high accuracy and ability to diagnose various types of sleep disorders. Based on application, the globalsleep diagnostic devicesmarket is segmented into home care,sleep laboratoriesand hospitals.
Product Definition:
Sleep diagnostic devices are used to diagnose sleep disorders. They can help identify problems such as snoring, sleep apnea, and insomnia. Sleep diagnostic devices are important because they can help people get the treatment they need for their sleep disorders.
Full Attended PSG:
Full Attended PSG is a procedure where continuous monitoring of patient’s vital signs such as heart rate, blood pressure, oxygen saturation level and body temperature are done without any intervention from the hospital staff. The data obtained from these parameters is used to diagnose the condition of the patient while he/she is in sleep.
Portable Unattended PSG:
Unattended PSG (Portable Sleep Generator) is a device used to monitor the patient’s sleep and it generates the data that can be later used in diagnosing various disorders related to sleep. It is also known as PSG or an Unattended Sleep Test. The test measures several parameters such as oxygen saturation level, heart rate, brain activity, breathing rate and rhythm, body temperature etc.
Application Insights:
The home care segment dominated the global market in 2017 and is expected to maintain its lead over the forecast period. The growing geriatric population, coupled with rising cases of sleep disorders, has led to an increase in demand for homecare devices. Moreover, technological advancements and increasing R&D investments by major players are further anticipated to drive growth over the forecast period.
For instance, In April 2018, Philips launched a new product named ¢â‚¬Å“Aspire Health Packages¢â‚¬ which includes a set of wearables for better monitoring of patients suffering from diabetes or at risk of developing it. These products are powered by AI technology and connect wirelessly with smartphones via Bluetooth connectivity enabling real-time data transmission between devices. Such initiatives by key industry players show high growth potential in near future.
Regional Analysis:
North America dominated the global market in 2017. The growth is majorly attributed to the presence of a large number of players, high awareness about sleep disorders, and availability of advanced products in this region. Moreover, increasing prevalence of chronic diseases such as cardiovascular diseases (CVDs), diabetes, and respiratory problems are also contributing toward regional growth. According to data published by CDC National Center for Health Statistics (NCHS), CVDs alone caused more than 13 million deaths globally in 2015.
Growth Factors:
- Increasing prevalence of sleep disorders: The global prevalence of sleep disorders is increasing at a rapid pace. This is primarily attributed to the changing lifestyle and work patterns, which are resulting in an increase in the number of people suffering from various sleep-related problems. This is providing a major boost to the demand for Sleep Diagnostic Devices market.
- Rising awareness about the benefits of early diagnosis and treatment: There is a growing awareness among people about the importance of early diagnosis and treatment for sleep disorders. This is helping to drive demand for Sleep Diagnostic Devices market across the globe.
- Technological advancements: The technological advancements in Sleep Diagnostic Devices are helping to improve their accuracy, efficiency, and usability. This is resulting in an increase in their adoption by healthcare professionals as well as patients worldwide, thereby propelling growth of this market segment significantly over the forecast period 2017-2025 .
Scope Of The Report
Report Attributes
Report Details
Report Title
Sleep Diagnostic Devices Market Research Report
By Type
Full Attended PSG, Portable Unattended PSG, Four-Channel HST, Three-Channel HST
By Application
Home Care, Sleep Laboratories, Hospitals
By Companies
ResMed, Inc. (US), Philips Healthcare (Netherlands), Fisher & Paykel Healthcare Ltd. (New Zealand), SomnoMed Ltd. (Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), Whole You, Inc. (US), BMC Medical (China), DeVilbiss Healthcare (US), Braebon Medical Corporation (Canada), ResMed, Inc. (US)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
200
Number of Tables & Figures
140
Customization Available
Yes, the report can be customized as per your need.
Global Sleep Diagnostic Devices Market Report Segments:
The global Sleep Diagnostic Devices market is segmented on the basis of:
Types
Full Attended PSG, Portable Unattended PSG, Four-Channel HST, Three-Channel HST
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Home Care, Sleep Laboratories, Hospitals
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ResMed, Inc. (US)
- Philips Healthcare (Netherlands)
- Fisher & Paykel Healthcare Ltd. (New Zealand)
- SomnoMed Ltd. (Australia)
- Compumedics Limited (Australia)
- Weinmann Medical Devices GmbH (Germany)
- Whole You, Inc. (US)
- BMC Medical (China)
- DeVilbiss Healthcare (US)
- Braebon Medical Corporation (Canada)
- ResMed, Inc. (US)
Highlights of The Sleep Diagnostic Devices Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Full Attended PSG
- Portable Unattended PSG
- Four-Channel HST
- Three-Channel HST
- By Application:
- Home Care
- Sleep Laboratories
- Hospitals
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Sleep Diagnostic Devices Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Sleep diagnostic devices are medical devices that measure a person's sleep quality and quantity. They can be used to help diagnose sleep disorders, such as obstructive sleep apnea (OSA), restless leg syndrome (RLS), and narcolepsy.
Some of the major companies in the sleep diagnostic devices market are ResMed, Inc. (US), Philips Healthcare (Netherlands), Fisher & Paykel Healthcare Ltd. (New Zealand), SomnoMed Ltd. (Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), Whole You, Inc. (US), BMC Medical (China), DeVilbiss Healthcare (US), Braebon Medical Corporation (Canada), ResMed, Inc. (US).
The sleep diagnostic devices market is expected to register a CAGR of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sleep Diagnostic Devices Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Sleep Diagnostic Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sleep Diagnostic Devices Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Sleep Diagnostic Devices Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Sleep Diagnostic Devices Market Size & Forecast, 2020-2028
4.5.1 Sleep Diagnostic Devices Market Size and Y-o-Y Growth
4.5.2 Sleep Diagnostic Devices Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Full Attended PSG
5.2.2 Portable Unattended PSG
5.2.3 Four-Channel HST
5.2.4 Three-Channel HST
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Home Care
6.2.2 Sleep Laboratories
6.2.3 Hospitals
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sleep Diagnostic Devices Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Sleep Diagnostic Devices Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Full Attended PSG
9.6.2 Portable Unattended PSG
9.6.3 Four-Channel HST
9.6.4 Three-Channel HST
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Home Care
9.10.2 Sleep Laboratories
9.10.3 Hospitals
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Full Attended PSG
10.6.2 Portable Unattended PSG
10.6.3 Four-Channel HST
10.6.4 Three-Channel HST
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Home Care
10.10.2 Sleep Laboratories
10.10.3 Hospitals
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Full Attended PSG
11.6.2 Portable Unattended PSG
11.6.3 Four-Channel HST
11.6.4 Three-Channel HST
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Home Care
11.10.2 Sleep Laboratories
11.10.3 Hospitals
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Full Attended PSG
12.6.2 Portable Unattended PSG
12.6.3 Four-Channel HST
12.6.4 Three-Channel HST
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Home Care
12.10.2 Sleep Laboratories
12.10.3 Hospitals
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Full Attended PSG
13.6.2 Portable Unattended PSG
13.6.3 Four-Channel HST
13.6.4 Three-Channel HST
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Home Care
13.10.2 Sleep Laboratories
13.10.3 Hospitals
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Sleep Diagnostic Devices Market: Competitive Dashboard
14.2 Global Sleep Diagnostic Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ResMed, Inc. (US)
14.3.2 Philips Healthcare (Netherlands)
14.3.3 Fisher & Paykel Healthcare Ltd. (New Zealand)
14.3.4 SomnoMed Ltd. (Australia)
14.3.5 Compumedics Limited (Australia)
14.3.6 Weinmann Medical Devices GmbH (Germany)
14.3.7 Whole You, Inc. (US)
14.3.8 BMC Medical (China)
14.3.9 DeVilbiss Healthcare (US)
14.3.10 Braebon Medical Corporation (Canada)
14.3.11 ResMed, Inc. (US)
