Sleep apnea is a breathing disorder where breathing repeatedly stops and starts. The brain tries to protect you by waking you up enough to breathe, but this prevents restful, healthy sleep. Over time, this condition can cause serious complications. However, this condition is often very manageable, especially with close adherence to prescribed treatments. There are three types of sleep apnea; obstructive sleep apnea, central sleep apnea, and complex sleep apnea syndrome. Obstructive sleep apnea is the most common type. Sleep apnea diagnostic systems include polysomnography (PSG) devices, screening devices, and actigraphy monitoring devices. Polysomnography is a sleep test used to diagnose various sleep disorders. The device is used to record brain waves, the oxygen level in the blood, heart rate and breathing, as well as eye and leg movements.

Market Dynamics

In recent years, home sleep tests have advanced significantly, and they are now widely used to diagnose sleep problems in the right patients. Thus, key market players are focusing on research and development activities and getting product approvals from the regulatory authorities, which is attributed to the growth of the global sleep apnea diagnostic system market. For instance, in February 2023, Sunrise, a sleep science company that develops a certified medical device for the diagnosis of sleep apnea, announced the U.S. Food and Drug Administration (FDA) had cleared for use its second-generation at-home sleep apnea test that uses artificial intelligence (AI) to aid in the diagnosis of obstructive sleep apnea and sleep-related breathing disorders. The Sunrise team is using a novel way to measure sleep through the bio-signal of Mandibular Jaw Movements (MJM), which has been studied for decades.

Key features of the study:

• This report provides in-depth analysis of the global sleep apnea diagnostic system market, and provides market size (US$ Billion) and Compound Annual Growth Rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global sleep apnea diagnostic system market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study are Koninklijke Philips N.V., SOMNOmedics GmbH, Advanced Brain Monitoring, Inc., Braebon Medical Corporation, Becton, Dickinson and Company, Itamar Medical Ltd., FusionHealth, MGC Diagnostics Corporation, Natus Medical Incorporated, SleepMed, Cleveland Medical Devices Inc., BMC Medical Co, Ltd., and ResMed Inc.
• Insights from this report will allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global sleep apnea diagnostic system market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global sleep apnea diagnostic system market

Detailed Segmentation:

• Global Sleep Apnea Diagnostic System Market, By Product Type:
  • Polysomnography (PSG) Devices
    • Ambulatory PSG Monitoring Devices
    • Clinical PSG Monitoring Devices
  • Sleep Apnea Screening Devices
    • Nasal Flow Sensors
    • Peripheral Capillary Oxygen Saturation (SPO2)
  • Actigraphy Monitoring Devices
• Global Sleep Apnea Diagnostic System Market, By End User:
  • Home Care Settings
  • Hospitals
  • Sleep Centers and Clinics
• Global Sleep Apnea Diagnostic System Market, By Region:
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa
• Company Profiles
  • Koninklijke Philips N.V.
  • SOMNOmedics GmbH
  • Advanced Brain Monitoring, Inc.
  • Braebon Medical Corporation
  • Becton, Dickinson and Company
  • Itamar Medical Ltd.
  • FusionHealth
  • MGC Diagnostics Corporation
  • Natus Medical Incorporated
  • SleepMed
  • Cleveland Medical Devices Inc.
  • BMC Medical Co, Ltd.
  • ResMed Inc.