Polysomnography Devices Market Trends

  • Report ID: 5500
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Polysomnography Devices Market Trends

Growth Drivers

  • Rising Burden of Sleep Disorders in Patients with Chronic Obstructive Pulmonary Disease (COPD) - Sleep disturbances such as respiratory effort-related arousals (RERAs), central sleep apnea, obstructive sleep apnea, sleep-related hypoventilation, and hypoxemia during sleep are commonly linked to chronic pulmonary illnesses which may result in nighttime awakenings due to symptoms including heartburn, coughing, wheezing, dyspnea, and nasal congestion. For instance, it has been estimated that between 30% and 80% of COPD patients report having sleep disturbances. Particularly, in COPD patients, the prevalence of obstructive sleep apnea, and sleeplessness was around 29%, and 29%, respectively.
  • Growing Sleep Disorders in the Geriatric Population- Approximately half of those over 55 struggle to fall asleep since the aging process alters sleeping habits, anxiety levels, and numerous other factors. For instance, chronic sleep disorders are thought to affect over 45% of older persons.
  • Increasing Prevalence of Obesity- Obese people are more likely to experience sleeping problems. Particularly, over 15% of obese people have sleep apnea, as compared to around 2% of people with normal weight.

Challenges

  • Lack of Awareness About Sleep Disorders- Sleep deprivation negatively affects both mental and physical health and can eventually result in several health problems and mental health issues. However, the public, medical professionals, and authorities, in general, are not aware of the issue that sleepy drivers present since the majority of individuals are ignorant of how much sleep they require, and how detrimental sleep deprivation is to their health. Therefore, global emphasis on awareness, research, and focused public health policies are required to promote sleep health, and sleep should be included in health screenings similar to those aimed at quitting smoking and reducing excessive alcohol consumption.
  • Shortage of Medical Laboratory Technologies and Specialists Resulting in Delays in Conducting Polysomnography Tests
  • Limited Accessibility to Sleep Diagnostic Technologies in Low Economic Areas.

Polysomnography Devices Market: Key Insights

Base Year

2024

Forecast Year

2025-2037

CAGR

4.5%

Base Year Market Size (2024)

USD 291.09 million

Forecast Year Market Size (2037)

USD 515.87 million

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)

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Author Credits:  Radhika Pawar


  • Report ID: 5500
  • Published Date: Nov 08, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of polysomnography devices is evaluated at USD 301.57 million.

The polysomnography devices market size was valued at USD 291.09 million in 2024 and is set to exceed USD 515.87 million by 2037, registering over 4.5% CAGR during the forecast period i.e., between 2025-2037. Lack of sleep prevalence across the globe and the growing awareness about sleep disorders will drive the market growth.

North America industry is predicted to hold largest revenue share of 46% by 2037, impelled by growing mergers and acquisitions in the region.

The major players in the market include Nox Medical, BMC Medical, CleveMed, Recorders & Medicare Systems, Medicom MTD, Compumedics, Dr. Langer Medical, Neurovirtual, Shanghai NCC Medica, Contec Medical Systems., CleveMed, SOMNOmedics GmbH, Cidelec, ResMed, Vyaire Medical, Natus Medical, Koninklijke Philips, Bittium Biosignals Ltd.
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