Sleep Testing Services Market Size, Share Report, Analysis, Trends, Growth 2032

Industry Prospective:

The global sleep testing services market was valued at $4,124M in 2021 and is projected to grow at a CAGR of 7.5% by 2028 while generating a revenue of over $7717M during the forecast period. The report analyzes the sleep testing services market’s drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the sleep testing services market.

Request Free Sample

Sleep Testing Services Market: Overview

Sleep testing is also referred to as polysomnography and comprises a list of extensive testing methods used to detect sleep disorders by recording brain waves, heart rate, breathing rate, blood oxygen level, and eye or leg movement. The tests can be conducted at sleep disorder treatment facilities or in-house, which uses a restricted number of sensors to primarily detect obstructive sleep apnea. While tests are generally performed during the nighttime, they can also be performed during day time depending on the schedule of the patient.

These services not just help in detecting sleep medical conditions, but may also be used to adjust or initiate different treatment action plans in case of prior detection of sleep disorders. The tests aid the establishing of why or when sleep patterns get disrupted, along with when they get disrupted during the entire sleeping schedule.

The functioning of the global market is aided by prescriptions from the doctors in case of detection of sleep-related breathing disorder, narcolepsy, abnormal behavior while sleeping, unexplained & regularly occurring insomnia, and rapid limb movement disorder.

Request Free Sample

Covid-19 Impact:

Covid-19 had a negative impact on the global market growth owing to the closure of sleep testing facilities and other transportation restrictions laid down by governments along with general hesitancy amongst the normal population to leave their homes unless absolutely necessary. However, as of 2022, the global market is showing signs of growth during the forecast period.

Sleep Testing Services Market: Growth Drivers

Increase in the number of patients suffering from sleep disorders resulting from Covid-19-induced stress to propel market growth

One of the major reasons for the recent growth witnessed in the global sleep testing services market is the post effects of Covid-19 and the rise in the anxiety-related stress observed amongst the population. Covid-19 was a stressful situation for people of all strata which was propelled by the personal, professional, financial, or emotional stress that many people had to go through. The increase in stress levels had led to an increased number of patients suffering from sleep disorders thus aiding the global market growth. There is also a significant shift in the working cycle of the population because of globalization and a remote working culture which has promoted the outsourcing of work from one region to another. This is also coupled with growth in diabetic patients and obesity index due to poor lifestyle and eating habits which is expected to push the global market growth in the coming years.

An increase in the number of government initiatives to generate awareness about the ill-effects of sleeping disorders along with steps taken by many non-government institutions to start discussions about sleep disorders has resulted in the opening of multiple treatment facilities thus making the treatment accessible to a larger section of society thus assisting the global market expansion.

Sleep Testing Services Market: Restraints

High cost associated with sleep testing services to restrict the global market growth

Since polysomnography is still a relatively newer topic of discussion in the healthcare sector along with comparatively lesser acceptance of treating medical conditions related to sleep cycles, the cost of treating these disorders is still high in many regions. Barring a few developed nations, a larger chunk of the population is reluctant to invest or spend money on treating sleep disorders since they are not considered as critical as other medical conditions thus restricting the global market growth.

In under-developed nations, there is a lack of proper awareness amongst the population about the treatment of sleep-related medical conditions along with scarce availability of treatment facilities which also restrains the global sleep testing services market from reaching its full potential.

Sleep Testing Services Market: Opportunities

Untapped market to provide global market expansion opportunities

In developing or under-developed countries, a lot of the population suffering from sleep disorders is still undetected owing to either absence of awareness or poor medical infrastructure. The untapped market is expected to provide lucrative global market growth opportunities under conditions like easy accessibility of medical treatment along with patient-friendly medical reimbursement policies which have to be undertaken by the government and official or non-official healthcare agencies in these regions.

There is also a rising interest of market players in the field of sleep testing services given its huge potential, which may provide for higher investments in the field during the next few years and provide for growth opportunities in the global sleep testing services market along the way.

Sleep Testing Services Market: Challenges

Ignorance amongst patients toward the proper treatment of sleep disorders poses a challenge to market growth

Sleep disorders are not taken seriously by many people, and they generally tend to move towards using home remedies in treating the disorder or ignoring it completely. The lack of willingness amongst patients to undergo authentic medical treatment for such disorders is projected to create challenging situations in global market growth during the projection period, along with poor spending capability in many regions restricting the expenditure on medical conditions that are deemed as non-critical due to poor medical knowledge.

Sleep Testing Services Market: Segmentation

The global sleep testing services market is segmented based on application, diagnostic type, end-user, and region

The global market based on application is segmented into obstructive sleep apnea, insomnia, REM sleep disorder, restless leg syndrome, narcolepsy, and circadian rhythm sleeping disorders. The segment is expected to be dominated by insomnia and restless leg syndrome in the coming years.

Based on diagnostic type, the global market segments are home sleep testing and in-lab sleep testing. The in-lab sleep testing is segmented into CPAP/BiPAP titration, multiple sleep latency test, electroencephalogram, full polysomnography, and maintenance of wakefulness test. The home sleep testing segments can be used for restricted conditions whereas in-lab sleep tests provide comprehensive results, thus leading the segment.

Based on end-users, the segments are sleep centers, hospitals, and home care settings, where hospitals lead the segment because of their presence across regions in higher numbers.

Recent development:

• In September 2021, the US Food and Drugs Administration allowed Phillips to rework the previous malfunctioning first-generation DreamStation devices. The rework will include replacing PE-PUR sound abatement foam with new material to enhance the working of the device along with getting rid of previous issues.
• In October 2021, the acquisition of Ectosense by Resmed Inc. which was initially a minor investor in Ectosense will now allow Resmed Inc. to expand its consumer database in countries like New Zealand, Australia, the USA, EU territories, and India. Ectosense will be operating in the Sleep and Respiratory Care business of ResMed Inc.

Report Scope:

Sleep Testing Services Market: Regional Analysis

North America to dominate the global market during the projection period

Due to the highly advanced healthcare architecture of countries like Canada and the USA, North America is expected to lead the global market growth. It led the global sleep testing services market in 2020 and will follow the same trend. The regional growth is propelled by the high acceptance of sleep disorders amongst the general masses along with the presence of excellent medical reimbursement policies.

Europe is expected to generate a high CAGR due to multiple initiatives taken by governments to educate the people about sleep testing services. Asia Pacific may also generate greater revenue because of the rising population and increasing number of sleep-related medical cases.

Sleep Testing Services Market: Competitive Analysis

Some of the key players in the global sleep testing services market are St. Luke’s Center of Sleep Medicine, SleepMed Inc., Total Sleep Holdings Plc., Natus Medical Incorporated, Sleep Services Australia, Midwest Sleep Services Inc., Genesis SleepCare, Carolinas Sleep Services, SOVA Sleep Services IncMedical Service Company, and ResMed Inc.

The global sleep testing services market is segmented as below:

By Application

• Sleep apnea
• Insomnia
• REM sleep disorder
• Restless leg syndrome
• Narcolepsy
• Circadian rhythm sleeping disorders.

By Diagnostic Type

•  Home sleep testing
•  In-lab sleep testing
  • CPAP/BiPAP titration
  • Multiple sleep latency test
  • Electroencephalogram
  • Full polysomnography
  • Maintenance of wakefulness test

By End-User

• Sleep centers
• Hospitals
• Home care settings

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa