Sleep Study Market – Testing Services (In-Lab Testing, Home Sleep Testing), Indication (Obstructive Sleep Apnea, Insomnia, Restless Leg Syndrome, Circadian Rhythm Sleeping Disorders, Narcolepsy, Bruxism), End-user– Global Forecast (2024 – 2032)

Sleep Study Market – Testing Services (In-Lab Testing, Home Sleep Testing), Indication (Obstructive Sleep Apnea, Insomnia, Restless Leg Syndrome, Circadian Rhythm Sleeping Disorders, Narcolepsy, Bruxism), End-user– Global Forecast (2024 – 2032)

Sleep Study Market size is poised to record 12.3% CAGR from 2024-2032, due to significant advances in portable sleep monitoring devices to help monitor various parameters, including heart rate, oxygen levels, breathing patterns, and body movements. For instance, in May 2023, U.K.-based medical device firm Acurable launched its FDA-approved AcuPebble device for obstructive sleep apnea diagnosis in the U.S.

Of late, wearable technology, such as smartwatches and fitness trackers, have grown popular to provide additional data on sleep patterns. The rising efforts on offering comprehensive home sleep study packages comprising initial consultation, device rental, data analysis, and follow-up consultations will also favor the market growth.

The sleep study industry is segmented into testing services, indications, end-user, and region.

In terms of indication, the industry value from the insomnia segment may record robust CAGR from 2024 to 2032. Sleep studies for insomnia involve assessing the sleep patterns, behaviors, and physiological parameters of the patient to diagnose and understand the underlying causes of insomnia. Rapid advances in technology, increased integration with telemedicine, along with growing emphasis on personalized and holistic approaches to sleep health will favor the segment growth.

By end user, the sleep study industry from the home care settings segment is expected to expand exponentially through 2032. This is due to the increasing popularity of these settings on account of their convenience, cost-effectiveness, and the ability to provide accurate data in a natural sleep environment. Lately, modern home sleep study devices are also equipped with advanced sensors to accurately measure various physiological parameters.

Regionally, the Europe sleep study market may witness significant CAGR through 2032, owing to the increased awareness of sleep disorders and the growing emphasis on health and well-being. The development of advanced wearable devices and home sleep study kits across the region is making it easier for individuals to monitor their sleep patterns at home. The increase in the number of specialized sleep clinics and centers across Europe for offering comprehensive diagnostic and treatment services will also drive the industry growth.