NEW YORK, Jan. 23, 2023 /PRNewswire/ -- In-depth analysis provided in the report includes:
- Current and future market trends to highlight market conditions
- Comparative analysis of the market and its segments for the historic period of 2017 - 2021
- Market drivers and market impediments and their impact on market growth
- Positioning of market players and their business strategy analysis
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Polysomnography devices market Size & Segmentation Analysis
The polysomnography devices market is estimated to grow at a CAGR of 6.55% between 2022 and 2027. The size of the market is forecast to increase by USD 171.76 million. The polysomnography devices market is segmented based on application, type, and geography.
- Based on application, the polysomnography devices market is segmented into hospitals, sleep clinics and diagnostic laboratories, ASCs, and homecare.
- Based on type, the market is segmented into ambulatory polysomnography devices and clinical polysomnography devices.
- Based on geography, the polysomnography devices market is segmented into North America, Europe, Asia, and Rest of World.
- For insights on the market contribution of each segment, Buy the report!
Polysomnography devices market: Country-Level Analysis
The countries covered in the polysomnography devices market report are the US and Canada (North America); the UK, Germany, France, and the Rest of Europe (Europe); China, India, Vietnam, and others (Asia); Saudi Arabia, South Africa, Brazil, and others (Rest of World).
- North America will account for 39% of the market growth during the forecast period. Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The growth in North America can be attributed to several factors, including the increasing prevalence of sleep apnea, including OSA.
- The number of people affected by obesity has increased at an alarming rate in the US over the past two decades. In 2021, around 42% of US adults were obese. The obese population suffers from breathing problems while sleeping due to the high deposition of fat in the airway passage, which leads to OSA. In addition, the region is home to several prominent vendors including Natus Medical Inc. (Natus Medical), Cadwell Industries, ResMed, Neurovirtual, Cleveland Medical Devices Inc. (Cleveland Medical Devices), and Vyaire Medical Inc. (Vyaire Medical). These factors are driving the growth of the polysomnography market in North America.
The geographic landscape of the report also provides market-impacting factors and changes that impact current and future trends. For detailed information, Request a sample!
Polysomnography devices market: Dynamics & Insights
Technavio's research report on polysomnography devices market provides analysis and insights about the various drivers, along with key challenges, that impact the market throughout the forecast period.
The benefits of polysomnography are notably driving market growth. Polysomnography test is non-invasive and causes little to no discomfort and pain to the patient. It records the brain wave activity, heart rate, blood oxygen levels, and breathing when the patient is asleep and detects any disruptions to help doctors diagnose sleep abnormalities and formulate a targeted treatment plan. The test is recommended for patients having sleep disorders, such as sleep apnea, narcolepsy, REM sleep, and chronic insomnia. With advances in technology, vendors in the market are introducing portable monitoring devices that allow patients to analyze sleep patterns at home. For instance, SOMNOmedics offers full polysomnography systems, such as SOMNOtouch PSG, for use within the home of the patient. All these factors are driving the growth of the global polysomnography devices market.
However, the lack of public awareness is a major challenge impeding the market. Many people have the least awareness of sleeping disorders and their management and treatment. Besides, the global healthcare system does not have enough medical laboratory technologists to meet the increasing demands of healthcare. The healthcare industry is facing a gradual rise in the shortage of skilled lab technicians. Thus, the lack of public awareness and the shortage of medical lab technicians can hinder the growth of the market during the forecast period.
Polysomnography devices market: Competitive Landscape and Vendor Analysis
Technavio's report includes the adoption lifecycle of the market, covering from the innovator's stage to the laggard's stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Some of the major players operating in the polysomnography devices market are Advin Health Care, BMC Medical Co. Ltd., Cadwell Industries Inc., Cleveland Medical Devices Inc., Compumedics Ltd., Contec Medical Systems Co. Ltd., Genotronics, Koninklijke Philips NV, Lowenstein Medical Technology GmbH and Co. KG, MEDATEC Medical Data Technology SPRL BVBA, Medicom MTD Ltd, Natus Medical Inc., Neurosoft, Neurovirtual USA, Nihon Kohden Corp., Nox Medical, Recorders and Medicare Systems Pvt Ltd., ResMed Inc., SOMNO medics GmbH, and Vyaire Medical Inc. among others. For insights on the vendor offerings, Download a PDF sample!
- The traumatic brain injury assessment and management devices market is estimated to grow at a CAGR of 8.66% between 2022 and 2027. The size of the market is forecast to increase by USD 1,723.41 million. The increasing prevalence of brain surgeries is notably driving the market growth, although factors such as the scarcity of skilled neurologists and neurodiagnostic technicians may impede the market growth.
- The vital signs monitoring devices market is estimated to grow at a CAGR of 9.13% between 2022 and 2027. The size of the market is forecast to increase by USD 4.79 billion. The growing preference for self-care monitoring devices is notably driving the market growth, although factors such as intense competition among vendors may impede the market growth.
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Polysomnography Devices Market Scope |
|
Report Coverage |
Details |
Page number |
160 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 6.55% |
Market growth 2023-2027 |
USD 171.76 million |
Market structure |
Fragmented |
YoY growth 2022-2023 (%) |
6.15 |
Regional analysis |
North America, Europe, Asia, and Rest of World (ROW) |
Performing market contribution |
North America at 39% |
Key countries |
US, Germany, UK, China, and Japan |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
Advin Health Care, BMC Medical Co. Ltd., Cadwell Industries Inc., Cleveland Medical Devices Inc., Compumedics Ltd., Contec Medical Systems Co. Ltd., Genotronics, Koninklijke Philips NV, Lowenstein Medical Technology GmbH and Co. KG, MEDATEC Medical Data Technology SPRL BVBA, Medicom MTD Ltd, Natus Medical Inc., Neurosoft, Neurovirtual USA, Nihon Kohden Corp., Nox Medical, Recorders and Medicare Systems Pvt Ltd., ResMed Inc., SOMNO medics GmbH, and Vyaire Medical Inc. |
Market dynamics |
Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and market condition analysis for the forecast period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
- 1.1 Market overview
- Exhibit 01: Executive Summary – Chart on Market Overview
- Exhibit 02: Executive Summary – Data Table on Market Overview
- Exhibit 03: Executive Summary – Chart on Global Market Characteristics
- Exhibit 04: Executive Summary – Chart on Market by Geography
- Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
- Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
- Exhibit 07: Executive Summary – Chart on Incremental Growth
- Exhibit 08: Executive Summary – Data Table on Incremental Growth
- Exhibit 09: Executive Summary – Chart on Vendor Market Positioning
2 Market Landscape
- 2.1 Market ecosystem
- Exhibit 10: Parent market
- Exhibit 11: Market Characteristics
3 Market Sizing
- 3.1 Market definition
- Exhibit 12: Offerings of vendors included in the market definition
- 3.2 Market segment analysis
- Exhibit 13: Market segments
- 3.3 Market size 2022
- 3.4 Market outlook: Forecast for 2022-2027
- Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
- Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
- Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
- 4.1 Global polysomnography devices market 2017 - 2021
- Exhibit 18: Historic Market Size – Data Table on Global polysomnography devices market 2017 - 2021 ($ million)
- 4.2 Application Segment Analysis 2017 - 2021
- Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
- 4.3 Type Segment Analysis 2017 - 2021
- Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
- 4.4 Geography Segment Analysis 2017 - 2021
- Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
- 4.5 Country Segment Analysis 2017 - 2021
- Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
- 5.1 Five forces summary
- Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
- 5.2 Bargaining power of buyers
- Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
- 5.3 Bargaining power of suppliers
- Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
- 5.4 Threat of new entrants
- Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
- 5.5 Threat of substitutes
- Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
- 5.6 Threat of rivalry
- Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
- 5.7 Market condition
- Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Application
- 6.1 Market segments
- Exhibit 30: Chart on Application - Market share 2022-2027 (%)
- Exhibit 31: Data Table on Application - Market share 2022-2027 (%)
- 6.2 Comparison by Application
- Exhibit 32: Chart on Comparison by Application
- Exhibit 33: Data Table on Comparison by Application
- 6.3 Hospitals - Market size and forecast 2022-2027
- Exhibit 34: Chart on Hospitals - Market size and forecast 2022-2027 ($ million)
- Exhibit 35: Data Table on Hospitals - Market size and forecast 2022-2027 ($ million)
- Exhibit 36: Chart on Hospitals - Year-over-year growth 2022-2027 (%)
- Exhibit 37: Data Table on Hospitals - Year-over-year growth 2022-2027 (%)
- 6.4 Sleep clinics and diagnostic laboratories - Market size and forecast 2022-2027
- Exhibit 38: Chart on Sleep clinics and diagnostic laboratories - Market size and forecast 2022-2027 ($ million)
- Exhibit 39: Data Table on Sleep clinics and diagnostic laboratories - Market size and forecast 2022-2027 ($ million)
- Exhibit 40: Chart on Sleep clinics and diagnostic laboratories - Year-over-year growth 2022-2027 (%)
- Exhibit 41: Data Table on Sleep clinics and diagnostic laboratories - Year-over-year growth 2022-2027 (%)
- 6.5 ASCs - Market size and forecast 2022-2027
- Exhibit 42: Chart on ASCs - Market size and forecast 2022-2027 ($ million)
- Exhibit 43: Data Table on ASCs - Market size and forecast 2022-2027 ($ million)
- Exhibit 44: Chart on ASCs - Year-over-year growth 2022-2027 (%)
- Exhibit 45: Data Table on ASCs - Year-over-year growth 2022-2027 (%)
- 6.6 Homecare - Market size and forecast 2022-2027
- Exhibit 46: Chart on Homecare - Market size and forecast 2022-2027 ($ million)
- Exhibit 47: Data Table on Homecare - Market size and forecast 2022-2027 ($ million)
- Exhibit 48: Chart on Homecare - Year-over-year growth 2022-2027 (%)
- Exhibit 49: Data Table on Homecare - Year-over-year growth 2022-2027 (%)
- 6.7 Market opportunity by Application
- Exhibit 50: Market opportunity by Application ($ million)
7 Market Segmentation by Type
- 7.1 Market segments
- Exhibit 51: Chart on Type - Market share 2022-2027 (%)
- Exhibit 52: Data Table on Type - Market share 2022-2027 (%)
- 7.2 Comparison by Type
- Exhibit 53: Chart on Comparison by Type
- Exhibit 54: Data Table on Comparison by Type
- 7.3 Ambulatory polysomnography devices - Market size and forecast 2022-2027
- Exhibit 55: Chart on Ambulatory polysomnography devices - Market size and forecast 2022-2027 ($ million)
- Exhibit 56: Data Table on Ambulatory polysomnography devices - Market size and forecast 2022-2027 ($ million)
- Exhibit 57: Chart on Ambulatory polysomnography devices - Year-over-year growth 2022-2027 (%)
- Exhibit 58: Data Table on Ambulatory polysomnography devices - Year-over-year growth 2022-2027 (%)
- 7.4 Clinical polysomnography devices - Market size and forecast 2022-2027
- Exhibit 59: Chart on Clinical polysomnography devices - Market size and forecast 2022-2027 ($ million)
- Exhibit 60: Data Table on Clinical polysomnography devices - Market size and forecast 2022-2027 ($ million)
- Exhibit 61: Chart on Clinical polysomnography devices - Year-over-year growth 2022-2027 (%)
- Exhibit 62: Data Table on Clinical polysomnography devices - Year-over-year growth 2022-2027 (%)
- 7.5 Market opportunity by Type
- Exhibit 63: Market opportunity by Type ($ million)
8 Customer Landscape
- 8.1 Customer landscape overview
- Exhibit 64: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
- 9.1 Geographic segmentation
- Exhibit 65: Chart on Market share by geography 2022-2027 (%)
- Exhibit 66: Data Table on Market share by geography 2022-2027 (%)
- 9.2 Geographic comparison
- Exhibit 67: Chart on Geographic comparison
- Exhibit 68: Data Table on Geographic comparison
- 9.3 North America - Market size and forecast 2022-2027
- Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
- Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
- Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
- 9.4 Europe - Market size and forecast 2022-2027
- Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
- Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
- Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
- 9.5 Asia - Market size and forecast 2022-2027
- Exhibit 77: Chart on Asia - Market size and forecast 2022-2027 ($ million)
- Exhibit 78: Data Table on Asia - Market size and forecast 2022-2027 ($ million)
- Exhibit 79: Chart on Asia - Year-over-year growth 2022-2027 (%)
- Exhibit 80: Data Table on Asia - Year-over-year growth 2022-2027 (%)
- 9.6 Rest of World (ROW) - Market size and forecast 2022-2027
- Exhibit 81: Chart on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
- Exhibit 82: Data Table on Rest of World (ROW) - Market size and forecast 2022-2027 ($ million)
- Exhibit 83: Chart on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
- Exhibit 84: Data Table on Rest of World (ROW) - Year-over-year growth 2022-2027 (%)
- 9.7 US - Market size and forecast 2022-2027
- Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
- Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
- Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
- 9.8 Germany - Market size and forecast 2022-2027
- Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
- Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
- Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
- 9.9 UK - Market size and forecast 2022-2027
- Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
- Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
- Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
- 9.10 China - Market size and forecast 2022-2027
- Exhibit 97: Chart on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 98: Data Table on China - Market size and forecast 2022-2027 ($ million)
- Exhibit 99: Chart on China - Year-over-year growth 2022-2027 (%)
- Exhibit 100: Data Table on China - Year-over-year growth 2022-2027 (%)
- 9.11 Japan - Market size and forecast 2022-2027
- Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
- Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
- Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)
- 9.12 Market opportunity by geography
- Exhibit 105: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
- 10.1 Market drivers
- 10.2 Market challenges
- 10.3 Impact of drivers and challenges
- Exhibit 106: Impact of drivers and challenges in 2022 and 2027
- 10.4 Market trends
11 Vendor Landscape
- 11.1 Overview
- 11.2 Vendor landscape
- Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
- 11.3 Landscape disruption
- Exhibit 108: Overview on factors of disruption
- 11.4 Industry risks
- Exhibit 109: Impact of key risks on business
12 Vendor Analysis
- 12.1 Vendors covered
- Exhibit 110: Vendors covered
- 12.2 Market positioning of vendors
- Exhibit 111: Matrix on vendor position and classification
- 12.3 Advin Health Care
- Exhibit 112: Advin Health Care - Overview
- Exhibit 113: Advin Health Care - Product / Service
- Exhibit 114: Advin Health Care - Key offerings
- 12.4 Cadwell Industries Inc.
- Exhibit 115: Cadwell Industries Inc. - Overview
- Exhibit 116: Cadwell Industries Inc. - Product / Service
- Exhibit 117: Cadwell Industries Inc. - Key offerings
- 12.5 Cleveland Medical Devices Inc.
- Exhibit 118: Cleveland Medical Devices Inc. - Overview
- Exhibit 119: Cleveland Medical Devices Inc. - Product / Service
- Exhibit 120: Cleveland Medical Devices Inc. - Key offerings
- 12.6 Compumedics Ltd.
- Exhibit 121: Compumedics Ltd. - Overview
- Exhibit 122: Compumedics Ltd. - Product / Service
- Exhibit 123: Compumedics Ltd. - Key offerings
- 12.7 Koninklijke Philips NV
- Exhibit 124: Koninklijke Philips NV - Overview
- Exhibit 125: Koninklijke Philips NV - Business segments
- Exhibit 126: Koninklijke Philips NV - Key news
- Exhibit 127: Koninklijke Philips NV - Key offerings
- Exhibit 128: Koninklijke Philips NV - Segment focus
- 12.8 Lowenstein Medical Technology GmbH and Co. KG
- Exhibit 129: Lowenstein Medical Technology GmbH and Co. KG - Overview
- Exhibit 130: Lowenstein Medical Technology GmbH and Co. KG - Product / Service
- Exhibit 131: Lowenstein Medical Technology GmbH and Co. KG - Key offerings
- 12.9 MEDATEC Medical Data Technology SPRL BVBA
- Exhibit 132: MEDATEC Medical Data Technology SPRL BVBA - Overview
- Exhibit 133: MEDATEC Medical Data Technology SPRL BVBA - Product / Service
- Exhibit 134: MEDATEC Medical Data Technology SPRL BVBA - Key offerings
- 12.10 Medicom MTD Ltd
- Exhibit 135: Medicom MTD Ltd - Overview
- Exhibit 136: Medicom MTD Ltd - Product / Service
- Exhibit 137: Medicom MTD Ltd - Key offerings
- 12.11 Natus Medical Inc.
- Exhibit 138: Natus Medical Inc. - Overview
- Exhibit 139: Natus Medical Inc. - Product / Service
- Exhibit 140: Natus Medical Inc. - Key news
- Exhibit 141: Natus Medical Inc. - Key offerings
- 12.12 Neurosoft
- Exhibit 142: Neurosoft - Overview
- Exhibit 143: Neurosoft - Product / Service
- Exhibit 144: Neurosoft - Key offerings
- 12.13 Neurovirtual USA
- Exhibit 145: Neurovirtual USA - Overview
- Exhibit 146: Neurovirtual USA - Product / Service
- Exhibit 147: Neurovirtual USA - Key offerings
- 12.14 Nihon Kohden Corp.
- Exhibit 148: Nihon Kohden Corp. - Overview
- Exhibit 149: Nihon Kohden Corp. - Product / Service
- Exhibit 150: Nihon Kohden Corp. - Key news
- Exhibit 151: Nihon Kohden Corp. - Key offerings
- 12.15 Nox Medical
- Exhibit 152: Nox Medical - Overview
- Exhibit 153: Nox Medical - Product / Service
- Exhibit 154: Nox Medical - Key offerings
- 12.16 SOMNO medics GmbH
- Exhibit 155: SOMNO medics GmbH - Overview
- Exhibit 156: SOMNO medics GmbH - Product / Service
- Exhibit 157: SOMNO medics GmbH - Key offerings
- 12.17 Vyaire Medical Inc.
- Exhibit 158: Vyaire Medical Inc. - Overview
- Exhibit 159: Vyaire Medical Inc. - Product / Service
- Exhibit 160: Vyaire Medical Inc. - Key news
- Exhibit 161: Vyaire Medical Inc. - Key offerings
13 Appendix
- 13.1 Scope of the report
- 13.2 Inclusions and exclusions checklist
- Exhibit 162: Inclusions checklist
- Exhibit 163: Exclusions checklist
- 13.3 Currency conversion rates for US$
- Exhibit 164: Currency conversion rates for US$
- 13.4 Research methodology
- Exhibit 165: Research methodology
- Exhibit 166: Validation techniques employed for market sizing
- Exhibit 167: Information sources
- 13.5 List of abbreviations
- Exhibit 168: List of abbreviations
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SOURCE Technavio
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