Sleep Testing Services Market : Global Industry Analysis and Forecast 2015 - 2021
LONDON, Aug. 23, 2016 /PRNewswire/ -- Sleep disease diagnosis testing is performed to diagnose and monitor the progression of sleep disease in the day to day life. Sleep testing involves detection of brain waves, blood oxygen level, heart rate and breathing pattern, and eye and leg movement. According to the National Commission on Sleep Disorders Research, approximately 40 million U.S. citizens suffer from chronic, long-term sleep disorders and a majority of this population experiences insomnia and obstructive sleep apnea.
This report tracks revenue generated through service providers by the sleep technician in laboratory/clinic, and home care setting. The report includes the revenue from technical fee as well as physician's fee. This report covers the global sleep testing services market performance in terms of value contribution. It includes key trends, drivers, restraints, and opportunities influencing the growth of the global sleep testing services market over forecast period 2016–2021. Impact analysis of key growth drivers and restraints based on the weighted average model are included in this report to better equip clients with crystal clear decision-making insights. Global sleep testing services revenue is anticipated to increase to US$ 8,395.7 Mn by 2021, registering a CAGR of 12.9% during the forecast period.
The global sleep testing services market is segmented on the basis of:
By Service Type
By End User
By Region
On the basis of service type, the market is segmented as follows:
Diagnostic Services
Home Sleep Testing
In-Lab Testing
Electroencephalogram
Full Polysomnography
CPAP/BiPAP Titration
Multiple Sleep Latency Test (MSLT)
Maintenance of Wakefulness Test (MWT)
Treatment monitoring
Obstructive Sleep Apnea
Insomnia
Restless Legs Syndrome
Circadian Rhythm Sleeping Disorders
Narcolepsy
Rapid eye movement (REM) sleep disorder
On the basis of end user, the market is segmented as follows:
Hospitals
Sleep Centers
Home Care Settings
By end user, the market is segmented into hospitals, sleep centers, and home care setting of which, the home care setting segment is expected to witness the highest CAGR of 15.7% during the forecast period.
On the basis of region/country, the market is segmented as follows:
North America
U.S.
Canada
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Europe
France
Germany
Italy
Spain
U.K.
Eastern Europe
Rest of Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
Rest of APAC
The Middle East & Africa
GCC countries
South Africa
Rest of MEA
Europe and Asia-Pacific markets are expected to gain 100 and 140 BPS respectively over the forecast period. However, North America market accounted for highest share in the global market in 2015 due to increasing trend of the shift to HST across North America, which is expected to reduce demand for in-lab testing.
Key features of this report
Drivers and restraints
Latest product innovations and key developments in the market
Analysis of business strategies of top players
Sleep testing services market estimates and forecast
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