Market Overview:
The global sleep diagnostics and therapy devices market is expected to grow at a CAGR of 7.5% from 2018 to 2030. The growth in this market can be attributed to the increasing prevalence of sleep disorders, rising awareness about the benefits of early diagnosis and treatment of sleep disorders, and technological advancements in sleep diagnostic and therapy devices.
Product Definition:
Sleep diagnostics and therapy devices are used to diagnose and treat sleep disorders. They include devices such as polysomnographs, which measure brain waves, heart rate, breathing patterns, and muscle activity during sleep; and CPAP machines, which provide air pressure to keep the airways open during sleep. Sleep diagnostics and therapy devices are important because they can help people with sleep disorders get the treatment they need to improve their quality of life.
Sleep Diagnostics:
The global sleep diagnostics market is expected to grow at a CAGR of XX% during the forecast period.
Therapy:
Therapy and it's usage in sleep diagnostics and therapy devices market is expected to grow at a significant rate over the forecast period. The major factor that propels the growth of this market includes increasing prevalence of various sleep disorders such as obstructive Sleep Apnea (OSA), Restless leg syndrome (RLS), insomnia, etc. Moreover, growing awareness about these disorders among people is also one of the factors driving this market towards growth.
Application Insights:
Based on application, the market is segmented into hospitals, physical examination centers, physician groups and others. The hospital segment dominated the overall industry in terms of revenue in 2017. This can be attributed to factors such as an increase in number of patients suffering from SIDS or sleep-related accidents at hospitals leading to a rise in demand for diagnosis and treatment of sleep disorders at these facilities.
The physical examination center segment is expected to grow significantly over the forecast period owing to increasing awareness among healthcare providers regarding diagnostics tools that assist them with patient assessment during examinations for better care delivery. Furthermore, growing emphasis on improving patient safety by reducing medical errors through continuous quality improvement activities will boost growth further over the forecast period.
The other applications category includes clinics/hospitals attached with diagnostic imaging centers.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of key players, high disposable income, and rising prevalence of chronic diseases that require continuous monitoring and treatment. Moreover, increasing adoption of home healthcare devices is further expected to drive demand for sleep diagnostics and therapy devices in this region.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to factors such as improving economic conditions leading to increased disposable income; growing medical tourism industry; technological advancements; increase in awareness about early diagnosis coupled with a rise in healthcare expenditure by private organizations & government bodies. In addition, an increase in number of patients suffering from insomnia disorders due sleep disorder-related symptoms such as excessive sleeping or difficulty sleeping associated with various other health issues are driving demand for these products across this region.
Growth Factors:
- Increasing awareness about the importance of sleep and its effects on overall health
- Growing demand for preventive healthcare measures
- Rising prevalence of sleep disorders and other related conditions
- Advances in technology and Sleep Diagnostics and Therapy Devices design that improve accuracy, convenience, and affordability
- Increased investment in research and development for new Sleep Diagnostics and Therapy Devices
Scope Of The Report
Report Attributes
Report Details
Report Title
Sleep Diagnostics and Therapy Devices Market Research Report
By Type
Sleep Diagnostics, Therapy
By Application
Hospitals, Physical Examination Center, Physician Groups, Other Applications
By Companies
SomnoMed Ltd. (Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), Whole You, Inc. (U.S.), BMC Medical Co., Ltd. (China), DeVilbiss Healthcare (U.S.), Braebon Medical Corporation (Canada), SomnoMed Ltd. (Australia)
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
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Sleep Diagnostics and Therapy Devices Market Report Segments:
The global Sleep Diagnostics and Therapy Devices market is segmented on the basis of:
Types
Sleep Diagnostics, Therapy
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
Hospitals, Physical Examination Center, Physician Groups, Other Applications
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:
- SomnoMed Ltd. (Australia)
- Compumedics Limited (Australia)
- Weinmann Medical Devices GmbH (Germany)
- Whole You, Inc. (U.S.)
- BMC Medical Co., Ltd. (China)
- DeVilbiss Healthcare (U.S.)
- Braebon Medical Corporation (Canada)
- SomnoMed Ltd. (Australia)
Highlights of The Sleep Diagnostics and Therapy 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:
- Sleep Diagnostics
- Therapy
- By Application:
- Hospitals
- Physical Examination Center
- Physician Groups
- Other Applications
- 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 Diagnostics and Therapy 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.
How you may use our products:
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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 diagnostics and therapy devices are medical devices that help diagnose and treat sleep disorders. These devices can measure a person's sleep quality, track the effectiveness of treatments for sleep disorders, and provide information about the risks associated with sleeping too much or not enough.
Some of the key players operating in the sleep diagnostics and therapy devices market are SomnoMed Ltd. (Australia), Compumedics Limited (Australia), Weinmann Medical Devices GmbH (Germany), Whole You, Inc. (U.S.), BMC Medical Co., Ltd. (China), DeVilbiss Healthcare (U.S.), Braebon Medical Corporation (Canada), SomnoMed Ltd. (Australia).
The sleep diagnostics and therapy devices market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Sleep Diagnostics and Therapy 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 Diagnostics and Therapy Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Sleep Diagnostics and Therapy 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 Diagnostics and Therapy 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 Diagnostics and Therapy Devices Market Size & Forecast, 2020-2028
4.5.1 Sleep Diagnostics and Therapy Devices Market Size and Y-o-Y Growth
4.5.2 Sleep Diagnostics and Therapy 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 Sleep Diagnostics
5.2.2 Therapy
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 Hospitals
6.2.2 Physical Examination Center
6.2.3 Physician Groups
6.2.4 Other Applications
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Sleep Diagnostics and Therapy 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 Diagnostics and Therapy 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 Sleep Diagnostics
9.6.2 Therapy
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 Hospitals
9.10.2 Physical Examination Center
9.10.3 Physician Groups
9.10.4 Other Applications
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 Sleep Diagnostics
10.6.2 Therapy
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 Hospitals
10.10.2 Physical Examination Center
10.10.3 Physician Groups
10.10.4 Other Applications
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 Sleep Diagnostics
11.6.2 Therapy
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 Hospitals
11.10.2 Physical Examination Center
11.10.3 Physician Groups
11.10.4 Other Applications
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 Sleep Diagnostics
12.6.2 Therapy
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 Hospitals
12.10.2 Physical Examination Center
12.10.3 Physician Groups
12.10.4 Other Applications
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 Sleep Diagnostics
13.6.2 Therapy
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 Hospitals
13.10.2 Physical Examination Center
13.10.3 Physician Groups
13.10.4 Other Applications
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 Diagnostics and Therapy Devices Market: Competitive Dashboard
14.2 Global Sleep Diagnostics and Therapy Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 SomnoMed Ltd. (Australia)
14.3.2 Compumedics Limited (Australia)
14.3.3 Weinmann Medical Devices GmbH (Germany)
14.3.4 Whole You, Inc. (U.S.)
14.3.5 BMC Medical Co., Ltd. (China)
14.3.6 DeVilbiss Healthcare (U.S.)
14.3.7 Braebon Medical Corporation (Canada)
14.3.8 SomnoMed Ltd. (Australia)
