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Sleep Disorder Market size was worth over USD 22.5 billion in 2022 and is poised to depict significant growth at more than 12% CAGR from 2023 to 2032 owing to the rising prevalence of sleep disorders worldwide
The upsurge in the number of patients experiencing sleep apnea and other co-morbidities is among the major factors affecting the demand for therapeutic and diagnostic equipment due to their dependability and ergonomic design that assist patients in performing an easy sleep test. The American Sleep Association estimates that between 50 and 70 million individuals in the U.S. suffer from sleep disorders. These illnesses commonly coexist with issues such as anxiety, depression, and posttraumatic stress disorder (PTSD). This high incidence rate is also associated with the rising adoption of a sedentary lifestyle, which is expected to drive market size.
Report Attribute | Details |
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Base Year: | 2022 |
Sleep Disorder Market Size in 2022: | USD 22.5 Billion |
Forecast Period: | 2023 to 2032 |
Forecast Period 2023 to 2032 CAGR: | 12% |
2032 Value Projection: | USD 73.5 Billion |
Historical Data for: | 2018 to 2022 |
No. of Pages: | 250 |
Tables, Charts & Figures: | 629 |
Segments covered: | Sleep Disorder, Product, End-use, and Region |
Growth Drivers: |
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Pitfalls & Challenges: |
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