Global Sleep Testing Services Market Overview 2024, Forecast To 2033
8 Mar, 2024
The sleep testing services market has shown strong growth, rising from $7.06 billion in 2023 to $7.67 billion in 2024, with a CAGR of 8.7%. This growth is attributed to factors such as increased awareness of sleep disorders and the obesity epidemic. The market is expected to continue growing, reaching $10.85 billion in 2028, with a CAGR of 9.1%. Factors such as the development of home sleep testing devices and employer wellness programs will drive this growth. Major trends include the integration of wearable technology and advanced sleep monitoring devices.
Global Sleep Testing Services Market Key Driver
The sleep testing services market is witnessing growth due to the increasing number of patients suffering from sleep disorders. Sleep disorders, encompassing various conditions affecting sleep quality and duration, are becoming more prevalent globally. Notably, data from SleepFoundation.org underscores the substantial impact of sleep disorders on millions of individuals. This rise in sleep disorder cases is driving demand for sleep testing services, as healthcare providers seek to improve diagnosis and treatment for affected patients, thereby fueling growth in the market.
Get A Free Sample Of The Global Sleep Testing Services Market ReportGlobal Sleep Testing Services Market Segments
The sleep testing services market covered in this report is segmented –
1) Diagnostic Type:Home Sleep Testing, In-Lab Sleep Testing
2) Application:Obstructive Sleep Apnea, Insomnia, Rapid Eye Movement (REM) Sleep Disorder, Restless Legs Syndrome, Narcolepsy, Circadian Rhythm Sleeping Disorders
3) End-User:Sleep Centers, Hospitals, Home Care Settings
By Geography: The countries covered in the sleep testing services market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
North America was the largest region in the sleep testing services market in 2023. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the sleep testing services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Major Sleep Testing Services Industry Players
ResMed Inc.; Invacare Corporation; Natus Medical Incorporated; Marshall Medical Center; SleepMed Incorporated; Medical Service Company; CareCentrix Inc; Medbridge Healthcare LLC; Sleep Services Australia; Midwest Sleep Services Inc.; Koala Centers For Sleep & TMJ Disorders; Sleep Dynamics; Advara HeartCare; St. Luke's Sleep Medicine and Research Center; SOVA Sleep Services Inc.; Total Sleep Solutions (Opc) Private Limited (TSSPL); Atrium Health Group LLC; HomeSleep LLC; SleepWorks LLC; Respitech HealthCare; Healthy Sleep Solutions; Sleep Data Holdings LLC; Sleep Solutions Inc; ApneaMed; BetterNight; UAB Medicine Sleep/Wake Disorders Center; Sleepwell Diagnostics; Snore Australia Pty Ltd.
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Sleep Testing Services Market Overview
Sleep testing services refers to a non-invasive, overnight examination that is performed in a sleep lab during the normal sleeping hours to document the physical and mental activity that takes place when a person is sleeping to identify and treat sleep problems. Sleep testing services are used to diagnose sleep disorders and record brain waves, the oxygen level in the blood, heart rate, and breathing during sleep.