Polysomnography Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Polysomnography Device Market Report: Trends, Forecast and Competitive Analysis to 2030

Polysomnography Device Trends and Forecast

The future of the global polysomnography device market looks promising with opportunities in the hospital, diagnostic laboratory, and homecare setting applications. The global polysomnography device market is expected to reach an estimated $0.4 billion by 2030 with a CAGR of 4.5% from 2024 to 2030. The major drivers for this market are growing prevalence of sleep disorders, rising demand for home sleep testing kits, and increasing use of portable polysomnography device.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Polysomnography Device by Segment

The study includes a forecast for the global polysomnography device by device type, channel, application, and region.

Polysomnography Device Market by Device Type [Shipment Analysis by Value from 2018 to 2030]:

• Fixed Devices
• Portable Devices

Polysomnography Device Market by Channel [Shipment Analysis by Value from 2018 to 2030]:

• >10 Channel
• >16 Channel
• >32 Channel
• >56 Channel

Polysomnography Device Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Hospitals
• Diagnostic Laboratories
• Homecare Settings
• Others

Polysomnography Device Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Polysomnography Device Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies polysomnography device companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the polysomnography device companies profiled in this report include-

• Clevemed
• Nox Medical
• Somnomedics
• Resmed
• Cidelec
• Vyaire Medical
• Koninklijke Philips
• Natus Medical
• BMC Medical
• Recorders & Medicare Systems

Polysomnography Device Market Insights

Lucintel forecasts that fixed is expected to witness highest growth over the forecast period due to its growing popularity among users owing to its accessibility and ability to evaluate the patient's status outside of sterile laboratories.

Homecare setting is expected to witness highest growth over the forecast perioddue to increasing patient demand for a polysomnography equipment for effective at-home sleep testing.

North America will remain the largest region due to increasing incidence of sleep disorders among population, availability of modern healthcare facilities, and presence of key players in the region.

Features of the Global Polysomnography Device Market

Market Size Estimates: Polysomnography device market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Polysomnography device market size by device type, channel, application, and region in terms of value ($B).

Regional Analysis: Polysomnography device market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different device types, channels, applications, and regions for the polysomnography device market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the polysomnography device market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q.1 What is the polysomnography device market size?

Answer: The global polysomnography device market is expected to reach an estimated $0.4 billion by 2030.

Q.2 What is the growth forecast for polysomnography device market?

Answer: The global polysomnography device market is expected to grow with a CAGR of 4.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the polysomnography device market?

Answer: The major drivers for this market are growing prevalence of sleep disorders, rising demand for home sleep testing kits, and increasing use of portable polysomnography device.

Q4. What are the major segments for polysomnography device market?

Answer: The future of the polysomnography device market looks promising with opportunities in the hospital, diagnostic laboratory, and homecare setting applications.

Q5. Who are the key polysomnography device market companies?

Answer: Some of the key polysomnography device companies are as follows:

• CleveMed
• Nox Medical
• SOMNOmedics
• ResMed
• Cidelec
• Vyaire Medical
• Koninklijke Philips
• Natus Medical
• BMC Medical
• Recorders & Medicare Systems

Q6. Which polysomnography device market segment will be the largest in future?

Answer: Lucintel forecasts that fixed is expected to witness highest growth over the forecast period due to its growing popularity among users owing to its accessibility and ability to evaluate the patient's status outside of sterile laboratories.

Q7. In polysomnography device market, which region is expected to be the largest in next 5 years?

Answer: North America will remain the largest region due to increasing incidence of sleep disorders among population, availability of modern healthcare facilities, and presence of key players in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the polysomnography device market by device type (fixed polysomnography devices and portable polysomnography devices), channel (>10 channel, >16 channel, >32 channel, and >56 channel), application (hospitals, diagnostic laboratories, homecare settings, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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