Authored By: Sarah
11 Jan 2022

Polysomnography Devices Market | Leading Segments, Trends, Drivers and Challenges

Cleveland Medical Devices Inc., Koninklijke Philips NV, and Natus Medical Inc. are some of the key vendors

The polysomnography devices market is expected to grow by $ 136.42 million, accelerating at a CAGR of almost 5.71% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments.


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Polysomnography Devices Market till 2025 | Sleep Apnea Diagnosis and Solutions

Polysomnography Devices Market: Market Segments and Growth Forecasts

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

  • Market is segmented by Application (hospitals, sleep clinics and diagnostic laboratories, ASCs, and homecare) and Geography (North America, Europe, Asia, and ROW). Polysomnography devices market growth by the hospital segment will be significant during the forecast period as hospital-based polysomnography is superior to home-based polysomnography due to the availability of specialized technicians and equipment, which is beneficial in times of emergency. 
  • 41% of the market growth will originate from North America during the forecast period. The US is a key market for polysomnography devices in the region. However, market growth rate in this region will be slower than the growth of the market in Asia.This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Polysomnography Devices Market size.

Polysomnography Devices Market: Trends, Drivers, Challenges

The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.

  • Favorable reimbursement scenario will be a significant factor in driving the growth of the Polysomnography Devices Market.
  • Increasing prevalence of sleep apnea, especially OSA will be instrumental in driving the market growth during the forecast period. High life expectancy and the resultant large aging population has led to an increase in the occurrence of OSA in adults. OSA is also relatively common among people with hypertension. It is potentially a serious disorder and hence needs to be monitored through Polysomnography devices Therefore, the increasing prevalence of sleep apnea, especially OSA, is likely to drive market growth.
  • Alternatives such HSAT and limited channel monitoring are restricting the growth of polysomnography devices market but with technological advancements, polysomnography devices are expected to evolve in terms of providing more comprehensive and efficient results .

Polysomnography Devices Market: Vendor Analysis

  • The market is fragmented.
  • Cleveland Medical Devices Inc., Compumedics Ltd., Koninklijke Philips NV, Natus Medical Inc., Neurosoft, Neurovirtual USA, Nihon Kohden Corp., ResMed Inc., SOMNOmedics GmbH, and Vyaire Medical Inc. are some of the major market participants.
  • The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.

Key Areas Covered in our Report:

  • Polysomnography Devices Market Split by Application
    • hospitals
    • sleep clinics and diagnostic laboratories
    • ASCs
    • homecare
  • Polysomnography Devices Market Split by Geography
    • North America
    • Europe
    • Asia
    • ROW

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Cleveland Medical Devices Inc.
  • Compumedics Ltd.
  • Koninklijke Philips NV
  • Natus Medical Inc.
  • Neurosoft
  • Neurovirtual USA
  • Nihon Kohden Corp.
  • ResMed Inc.
  • SOMNOmedics GmbH
  • Vyaire Medical Inc.


For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of 5.71%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 136.42 mn through 2021-2025.

     
  3. What is a key factor driving this market?
    Favorable reimbursement scenario will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    North America, Europe, Asia, and ROW are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    41% growth will originate from North America

     
  6. Who are the leading market vendors?
    The leading vendors in this market are Cleveland Medical Devices Inc., Compumedics Ltd., Koninklijke Philips NV, Natus Medical Inc., Neurosoft, Neurovirtual USA, Nihon Kohden Corp., ResMed Inc., SOMNOmedics GmbH, and Vyaire Medical Inc.

     
  7. What are the market segments covered in this report?
    The market is segmented by Application (hospitals, sleep clinics and diagnostic laboratories, ASCs, and homecare) and Geography (North America, Europe, Asia, and ROW)
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