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Sleep Study Market Share

Report ID: GMI9723
Published Date: Jun 2024
Report Format: PDF

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Sleep Study Market Share

The market for sleep study is characterized by fragmentation due to the presence of numerous established and small-scale vendors worldwide offering variety of sleep testing services. Established market players focus towards using advance sleep testing equipment to offer efficient services to the patients. Furthermore, established vendors have substantial availability of trained and experienced workforce that offer them cutting edge over their competitors. Smaller companies rely on low pricing strategies for their services to compete with established vendors globally.

Sleep Study Market Companies

Prominent players operating in the sleep study industry include:

Circle Health Group
Cleveland Clinic
Imperial College Healthcare NHS Trust
Interdisciplinary Center of Sleep Medicine
International Institute of Sleep
Koninklijke Philips N.V.
Korea University Medicine
London Sleep Centre
Medical Service Company
MedStar Health
Midwest Sleep Services Inc.
Millennium Sleep Lab
SleepMedSite
SOVA Sleep Services Inc.
USA Sleep Diagnostic.

Authors: Mariam Faizullabhoy, Gauri Wani

Frequently Asked Questions (FAQ) :

Sleep study market size was USD 6.5 billion in 2023 and is expected to register 12.3% CAGR from 2024-2032 owing to the growing prevalence of sleep disorders, availability of reimbursement for sleep disorder diagnosis and treatment, and growing adoption of home sleep worldwide.

Sleep study industry from the in-lab testing segment held 82.9% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to offering comprehensive monitoring of various physiological parameters such as EEG, EOG, ECG, and SpO2, in comparison to home sleep testing.

North America sleep study industry held 42.1% share in 2023 and is expected to register a commendable CAGR from 2024-2032 due to increasing demand of sleep study among patients suffering from sleep disorders in the region.

Koninklijke Philips N.V., Korea University Medicine, London Sleep Centre, Medical Service Company, MedStar Health, Midwest Sleep Services Inc., Millennium Sleep Lab, SleepMedSite, SOVA Sleep Services Inc., and USA Sleep Diagnostic., are some of the major sleep study companies worldwide.