The global sleep studies market was valued at over US$ 5.1 Bn in 2021 and is expected to expand at a CAGR of 12.8% over the forecast period.

Polysomnography, also known as a sleep study, is a technique used to diagnose sleep problems. Brain waves, heart rate and respiration, blood oxygen levels, as well as eye and leg movements, are monitored during a sleep study.

Sleep study is usually performed in a lab or clinic, but it can also be performed at home. Sleep studies are used to diagnose narcolepsy, unexplained chronic insomnia, REM sleep behavior disorder, sleep apnea, and other sleep disorders.

Globally, demand for a proper scientific diagnosis for an individual’s sleep disorder is increasing because of the use of proven techniques like brain wave activity, leg movement monitoring, and breathing monitoring.

According to the American Academy of Sleep Medicine (AASM), over 2500 sleep centers are running in the U.S. with their accreditation. This alone signifies the increasing demand among the population.

With various innovative technologies like portable devices, smartphone applications, and telehealth making their way through, sales will increase at a considerable pace. The expansion of telemedicine may help to alleviate the unmet demand for sleep specialists.

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Several illnesses, such as obstructive sleep apnea, have data-driven diagnostic and therapy algorithms that enable effective clinical decision making even in the absence of a physical examination. Unlike many other specialists, sleep physicians rely less on distinct physical examination findings. Telemedicine has the potential to reduce some of the traditional hurdles associated with other devices.

Increasing adoption of sleep testing devices and rising prevalence of sleep-related disorders will drive the sleep studies market over the forecast period,” says an FMI analyst.

Key Takeaways:

  • By testing services, sales in the in-lab testing segment are expected to grow at a CAGR of 9% during the forecast period.
  • In terms of indication, obstructive sleep apnea (OSA) accounted for 9% of the total market share in 2021.
  • Based on end user, sleep testing centers segment dominated the market by holding a 7% in 2021.
  • The U.S. sleep studies market will expand at a 9.7% CAGR over the assessment period.
  • Demand in the Germany sleep studies market will grow at a 9.3% CAGR through 2032.
  • China will account for a dominant share in the East Asia sleep studies market, with sales growing at a 15.5% CAGR over the forecast period.

Competition Landscape

Leading players operating in the global sleep studies market are focusing on the launch of new products and services to cater to the growing demand. Key players are also aiming to expand their global presence by opening new service centres to deliver specialized care. For instance:

  • In August 2021, ResMed launched the AirSense 11 PAP series, which is a digital health device used in sleep apnea treatment.
  • In January 2020, Sleep Dynamics Company expanded its service offering for narcolepsy treatment.

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Want more insights?

Future Market Insights brings a comprehensive research report on forecasted revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2016 to 2031. The global sleep studies market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to the reader.

The study provides compelling insights into the sleep studies market segment based on testing services (home sleep testing and in-lab testing {polysomnography (PSG) testing, CPAP/ BiPAP titration, split night polysomnography, multiple sleep latency tests (MSLT), maintenance of wakefulness test (MWT) and epilepsy monitoring}), indication (obstructive sleep apnea, insomnia, restless legs syndrome, circadian rhythm sleeping disorders, narcolepsy, rapid eye movement sleep disorders, periodic limb movement disorders and bruxism) and end-user (hospital settings, sleep testing centers and home care settings),  across seven major regions over the globe.

About Healthcare Division at Future Market Insights

Future Market Insights facilitates corporates, government, investors, and associated audiences in the healthcare sector to identify and accentuate vital aspects applicable to product strategy, regulatory landscape, technology evolution, and other crucial issues to achieve sustainable success. Our unique approach to gathering market intelligence equips you in devising innovation-driven trajectories for your business. Know more about our sector coverage here.

Key Market Segments Covered In Sleep Studies Market Research

By Testing Services:

  • Home Sleep Testing
  • In-Lab Testing
    • Polysomnography (PSG) Testing
    • CPAP/ BiPAP Titration
    • Split Night Polysomnography
    • Multiple Sleep Latency Test (MSLT)
    • Maintenance of Wakefulness Test (MWT)
    • Epilepsy Monitoring

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By Indication:

  • Obstructive Sleep Apnoea
  • Insomnia
  • Restless Leg Syndrome
  • Circadian Rhythm Sleeping Disorders
  • Narcolepsy
  • Rapid eye movement (REM) Sleep Disorders
  • Periodic Limb Movement Disorders
  • Bruxism

By End User:

  • Hospital Settings
  • Sleep Testing Centres
  • Home Care Settings

By Region:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa (MEA)

About FMI:

Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.

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