Polysomnography is type of test conducted to diagnose sleep disorders. Sleep study is conducted to diagnose various sleep disorder conditions such as sleep apnea, periodic limb movement disorder, Narcolepsy, REM(Rapid Eye Movement), sleep behavior disorder, unexplained chronic insomnia, and others. Obesity is associated with modification in several comorbidities, including sleep-related disorders. High incidence of obesity is also expected to aid in growth of the market. Furthermore, increasing prevalence of sleeping disorders in developing economies is also anticipated to drive the market growth of the market during the forecast period.
Market Dynamics
The sleep testing services market provides essential diagnostic solutions for individuals experiencing sleep disorders. Technological advancements have revolutionized sleep testing, making it more accessible and convenient with portable devices and wearable trackers. Sleep disorders, such as sleep apnea and insomnia, are increasingly prevalent, emphasizing the importance of accurate diagnosis. The market is supported by healthcare policies and regulations that recognize the significance of sleep health and provide insurance coverage for sleep testing. With a focus on improving overall well-being, the sleep testing services market continues to expand globally.
On June 27, 2023, Vivos Therapeutics Inc launched VivoScore, a home sleep apnea test powered by SleepImage technology. The device, FDA-cleared for diagnosing obstructive sleep apnea (OSA), consists of a single-sensor ring recorder and a mobile app with cloud-based algorithms. Vivos-trained dentists and healthcare providers can now access cost-effective clinical-grade diagnostic technology, enhancing the effectiveness of the Vivos System treatment.
Key features of the study:
- This report provides in-depth analysis of the global sleep testing services 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 strategy adopted by key players
- It profiles key players in the global sleep testing services market based on the following parameters– company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
- Key companies covered as a part of this study include, Midwest Sleep Services Inc., SleepMed Inc., SOVA Sleep Services Inc., Medical Service Company, Sleep Services Australia, Genesis SleepCare, St. Luke’s Center of Sleep Medicine, Total Sleep Holdings Plc., Carolinas Sleep Services.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, technology up-gradation, market expansion, and marketing tactics
- The global sleep testing services 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 testing services market
Detailed Segmentation:
- Global Sleep Testing Services Market, By Diagnostic Test Type:
- Home Sleep Testing
- In-lab Sleep Testing
- Electroencephalogram
- Full Polysomnography
- CPAP/BiPAP Titration
- Multiple Sleep Latency Test (MSLT)
- Maintenance of Wakefulness Test (MWT)
- Global Sleep Testing Services Market, By Application:
- Obstructive Sleep Apnea
- Insomnia
- Restless Legs Syndrome
- Circadian Rhythm Sleeping Disorders
- Narcolepsy
- Rapid Eye Movement (REM) Sleep Disorder
- Global Sleep Testing Services Market, By End User:
- Hospitals
- Sleep Centers
- Home Care Settings
- Global Sleep Testing Services Market, By Region:
- North America
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Midwest Sleep Services Inc.
- SleepMed Inc.
- SOVA Sleep Services Inc.
- Medical Service Company
- Sleep Services Australia
- Genesis SleepCare
- St. Luke’s Center of Sleep Medicine
- Total Sleep Holdings Plc.
- Carolinas Sleep Services