Sleep Apnea Diagnostic System Market: Transition of Sleep Testing Services from Diagnostic Testing to Integrated Care is a Key Future Trend: Global Industry Analysis & Opportunity Assessment, 2016-2026
- Healthcare, Pharmaceuticals and Medical devices
- No. of Pages: 176
- Published: 2016-12-13
- Report Code: REP-GB-777
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Format:
An Incisive, In-depth Analysis on the Sleep Apnea Diagnostic System Market
This study offers a comprehensive, 360 degree analysis on the Sleep Apnea Diagnostic System market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Sleep Apnea Diagnostic System market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Obstructive sleep apnea is a common form of sleep apnea disorder across the world
Sleep disorders are highly prevailing in majority of regions globally and is affecting the population health severely. Troublesome ill effects of the disorder are important cause for increase in rate of adoption for sleep apnea diagnostic systems. Sleep apnea is a chronic disorder that can be bifurcated in two different types- obstructive sleep apnea (OSA) and central sleep apnea. Among the two, obstructive sleep apnea is a common form of sleep apnea and around 3% – 4% of the population is affected.
In terms of revenue, the global sleep apnea diagnostic system market is projected to expand at a CAGR of 7.3% over the forecast period and is expected to be valued more than US$ 600 Mn by the end of 2026.
Obesity and rapidly rising aging population play a crucial role in the growth of the global sleep apnea diagnostic system market
Robust growth of wearable sleep apnea diagnostic devices is expected in the near future due to rise
in adoption of home sleep testing services. Rising prevalence of obesity and rapidly ageing population in developed countries plays a crucial role in supporting growth of the market of sleep apnea diagnostic systems market. Introduction of novel technologies such as wireless screening devices and cloud based recording system are driving growth of the sleep services market. This in turn is expected to create a favourable environment for the global sleep apnea diagnostic system market over the forecast period.
Polysomnography segment will be able to achieve moderate growth in the forecast period
Although actigraphy monitoring devices of product type segment is expected to be the fastest growing segment over the forecast period, in terms of revenue share, currently the polysomnography monitoring devices sub-segment of product type segment offers the highest contribution in the global sleep apnea diagnostic system market. Polysomnography devices segment holds the largest market opportunity, accounting for a market share of approximately 40%. However, the polysomnography segment is experiencing moderate growth due to its nature and availability as an ambulatory testing device in future.
High obesity rate makes North America’s sleep apnea diagnostic market more lucrative than other regional markets
In terms of value, North America is expected to be the dominant regional market by 2016 end, and is expected to expand at a CAGR of 7.4% over the forecast period. Western Europe is expected to be the fastest growing market in terms of revenue growth in the global sleep apnea diagnostic system market, registering a CAGR of 7.5% during the forecast period. Adoption of sleep services is higher in North America due to high obesity rates and prevalent haphazard lifestyles. Also, new device development and their easy regulatory approval makes the North America sleep apnea diagnostic system market more lucrative as compared to other regional markets.
Company share analysis of the global sleep apnea diagnostic system market
Global sleep apnea diagnostic system market is consolidated and the introduction of novel technologies such as wireless screening devices and cloud based recording systems are driving growth of the global sleep services market. This in turn is expected to create a favourable environment for the global sleep apnea diagnostic system market over the forecast period. In 2015, Koninklijke Philips N.V., ResMed Inc., Becton, Dickinson and Company, Natus Medical Incorporated, MGC Diagnostics Corporation were the top five players dominating the global sleep apnea diagnostic system market contributing to around 83% of the total market share of sleep apnea diagnostic systems. In 2015, Koninklijke Philips N.V. dominated the market with around 38% market share of the global sleep apnea diagnostic system market followed by ResMED Inc. Koninklijke Philips N.V. has a strong foothold in the domestic market of North America, particularly in the rapidly growing respiratory and sleep disorder devices market.
Future Market Insights offers 10-year forecast for the global sleep apnea diagnostic system market. The primary objective of this report is to offer updates and information related to market opportunities in the global sleep apnea diagnostic system market. It also offers insights on the market dynamics that can influence growth of the global sleep apnea diagnostic system market over the forecast period. Comprehensive study on key market and price trends, drivers, restraints, value forecast and opportunities for companies operating in the global sleep apnea diagnostic system market are presented in the report.
Segmentation analysis of global sleep apnea diagnostic system market
To understand and assess opportunities in the global sleep apnea diagnostic system market, we have categorised the report into three sections based on market segmentation as under.
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The report begins with the market definition, followed by definitions of the different sleep apnea diagnostic system product types. The market dynamics section includes Future Market Insights’ analysis on key trends, drivers, restraints, opportunities and macro-economic factors influencing the growth of the global sleep apnea diagnostic system market and key regulations for medical devices. Also the clinical trial review is mentioned for sleep apnea diagnostic system upcoming products.
The next section of the report highlights the global sleep apnea systems market by region and provides market outlook for 2016–2026. The report also discusses key regional trends contributing to the revenue growth of the sleep apnea diagnostic system worldwide, as well as analyses the impact of drivers and restraints in each region.
In the final section of the report, there is a competitive landscape to provide a dashboard view of key players engaged in the market for global sleep apnea diagnostic systems. This section is preferably designed to provide clients with an aim and detailed comparative assessment of key providers particularly specific to the market segment in the global sleep apnea diagnostic system market and the potential players. This section also includes company details, company overview, key developments and market strategies of the profiled key players active in the global sleep apnea diagnostic system market.
Research Methodology
To ascertain the global sleep apnea diagnostic system market size, we have considered revenue generated by companies operating in the global sleep apnea diagostic system market. The forecast presented here assesses the total revenue by value across the global sleep apnea diagnostic system market. In order to offer an accurate forecast, we started by sizing up the current market, which forms the basis of how the global sleep apnea diagnostic system market is expected to develop in the future.
In addition, we have considered Year-on-Year (Y-o-Y) growth to understand the predictability of the market and identify growth opportunities for companies operating in the global sleep apnea diagnostic system market. The sleep apnea diagnostic system market segments, by product type, end user and region, have been analysed in terms of basis point share (BPS) to understand the individual segment’s relative contributions to market growth. This detailed level of information is important for identifying various key trends in the global sleep apnea diagnostic system market.
Another key feature of this report is the analysis of key segments in terms of absolute dollar opportunity. This is overlooked, while forecasting. However, absolute $ opportunity is important for assessing the degree of opportunity that a provider desire to achieve, as well as to identify potential resources from a sales and delivery perspective for the response given by the global sleep apnea diagnostic system market. To understand key segments in terms of their growth and performance in the global sleep apnea diagnostic system market, Future Market Insights has developed a market attractiveness index. The resulting index would help providers identify existing market opportunities.
Analyst Speak
We have observed that the home care settings end user segment is boosting the global sleep apnea diagnostic system market as more number of people prefer to sleep at home rather than clinics, sleep centres or hospitals for taking sleep apnea tests. As a result, the number of sleep centres across the globe are gradually decreasing. The sleep apnea diagnosing device is affordable and patients can easily install it at home. However, there is difference in the accuracy levels while testing the disorder as the devices in sleep centres or in hospitals are advanced rather than those used in home care settings.
Sleep Apnea Diagnostic System Market Reports - Table of Contents
1. Executive Summary
Sleep Apnea Diagnostic System Market Reports - List of Tables
Table 1: Global Sleep Apnea Diagnostic System Market Value (US$ Mn), by Polysomnography (PSG) Devices Sub-Segment, 2014–2026
Table 2: Global Sleep Apnea Diagnostic System Market Value (US$ Mn), by Sleep Apnea Screening Devices Sub-Segment, 2014–2026
Table 3: Global Sleep Apnea Diagnostic System Market Value (US$ Mn), by Product Type, 2014–2026
Table 4: Global Sleep Apnea Diagnostic System Market Value (US$ Mn), by End User, 2014–2026
Table 5: Global Sleep Apnea Diagnostic System Market Value (US$ Mn), by Region, 2014–2026
Table 6: North America Sleep Apnea Diagnostic System Market Value (US$ Mn), by Country, 2014–2026
Table 7: North America Sleep Apnea Diagnostic System Market Value (US$ Mn), by Polysomnography (PSG) Devices Product, 2014–2026
Table 8: North America Sleep Apnea Diagnostic System Market Value (US$ Mn), by Sleep Apnea Screening Devices Product, 2014–2026
Table 9: North America Sleep Apnea Diagnostic System Market Value (US$ Mn), by Actigraphy Monitoring Devices Product, 2014–2026
Table 10: North America Sleep Apnea Diagnostic System Market Value (US$ Mn), by End User, 2014–2026
Table 11: Latin America Sleep Apnea Diagnostic System Market Value (US$ Mn), by Country, 2014–2026
Table 12: Latin America Sleep Apnea Diagnostic System Market Value (US$ Mn), by Polysomnography (PSG) Devices Product Sub-Segment, 2014–2026
Table 13: Latin America Sleep Apnea Diagnostic System Market Value (US$ Mn), by Sleep Apnea Screening Devices Product Sub-Segment, 2014–2026
Table 14: Latin America Sleep Apnea Diagnostic System Market Value (US$ Mn), by Actigraphy Monitoring Devices Product, 2014–2026
Table 15: Latin America Sleep Apnea Diagnostic System Market Value (US$ Mn), by End User, 2014–2026
Table 17: Western Europe Sleep Apnea Diagnostic System Market Value (US$ Mn), by Polysomnography (PSG) Devices Product Sub-Segment, 2014–2026
Table 18: Western Europe Sleep Apnea Diagnostic System Market Value (US$ Mn), by Sleep Apnea Screening Devices Product Sub-Segment, 2014–2026
Table 19: Western Europe Sleep Apnea Diagnostic System Market Value (US$ Mn), by Actigraphy Monitoring Devices Product, 2014–2026
Table 20: Western Europe Sleep Apnea Diagnostic System Market Value (US$ Mn), by End User, 2014–2026
Table 21: Eastern Europe Sleep Apnea Diagnostic System Market Value (US$ Mn), by Country, 2014–2026
Table 22: Eastern Europe Sleep Apnea Diagnostic System Market Value (US$ Mn), by Polysomnography (PSG) Devices Product Sub-Segment, 2014–2026
Table 23: Eastern Europe Sleep Apnea Diagnostic System Market Value (US$ Mn), by Sleep Apnea Screening Devices Product Sub-Segment, 2014–2026
Table 24: Eastern Europe Sleep Apnea Diagnostic System Market Value (US$ Mn), by Actigraphy Monitoring Devices Product, 2014–2026
Table 25: Eastern Europe Sleep Apnea Diagnostic System Market Value (US$ Mn), by End User, 2014–2026
Table 26: APEJ Sleep Apnea Diagnostic System Market Value (US$ Mn), by Country, 2014–2026
Table 27: APEJ Sleep Apnea Diagnostic System Market Value (US$ Mn), by Polysomnography (PSG) Devices by sub-segment, 2014–2026
Table 28: APEJ Sleep Apnea Diagnostic System Market Value (US$ Mn), by Sleep Apnea Screening Devices by sub-segment, 2014–2026
Table 29: APEJ Sleep Apnea Diagnostic System Market Value (US$ Mn), by Actigraphy Monitoring Devices Product, 2014–2026
Table 30: APEJ Sleep Apnea Diagnostic System Market Value (US$ Mn), by End User, 2014–2026
Table 31: Japan Sleep Apnea Diagnostic System Market Value (US$ Mn), by Polysomnography (PSG) Devices by sub-segment, 2014–2026
Table 32: Japan Sleep Apnea Diagnostic System Market Value (US$ Mn), by Sleep Apnea Screening Devices by sub-segment, 2014–2026
Table 33: Japan Sleep Apnea Diagnostic System Market Value (US$ Mn), by Actigraphy Monitoring Devices Product, 2014–2026
Table 34: Japan Sleep Apnea Diagnostic System Market Value (US$ Mn), by End User, 2014–2026
Table 35: MEA Sleep Apnea Diagnostic System Market Value (US$ Mn), by Country, 2014–2026
Table 36: MEA Sleep Apnea Diagnostic System Market Value (US$ Mn), by Polysomnography (PSG) Devices by sub-segment, 2014–2026
Table 37: MEA Sleep Apnea Diagnostic System Market Value (US$ Mn), by Sleep Apnea Screening Devices by sub-segment, 2014–2026
Table 38: MEA Sleep Apnea Diagnostic System Market Value (US$ Mn), by Actigraphy Monitoring Devices Product, 2014–2026
Table 39: MEA Sleep Apnea Diagnostic System Market Value (US$ Mn), by End User, 2014–2026
Sleep Apnea Diagnostic System Market Reports - List of Figures
Figure 1: Global Sleep Apnea Diagnostic System Market Value (US$ Mn) & Growth Forecast, 2016–2026
Figure 2: Global Sleep Apnea Diagnostic System Market Absolute $ Opportunity, 2016–2026
Figure 3: Global Sleep Apnea Diagnostic System Market Value Share, by Product Type, 2016 & 2026
Figure 4: Global Sleep Apnea Diagnostic System Market Attractiveness Analysis, by Product Type, 2015–2026
Figure 5: Global Sleep Apnea Diagnostic System Market Value Share, by End User, 2016 & 2026
Figure 6: Global Sleep Apnea Diagnostic System Market Attractiveness Analysis, by End User, 2015–2026
Figure 7: Global Sleep Apnea Diagnostic System Market Value Share, by Region, 2016 & 2026
Figure 8: Global Sleep Apnea Diagnostic System Market, Y-o-Y Growth, by Region, 2015–2026
Figure 9: Global Sleep Apnea Diagnostic System Market Attractiveness Analysis, by Region, 2015–2026
Figure 10: North America Sleep Apnea Diagnostic System Market Value Share, by Country, 2016 & 2026
Figure 11: Market Attractiveness Analysis, By Product Type
Figure 12: Market Attractiveness Analysis, By End User
Figure 13: Market Attractiveness Analysis, By Country
Figure 14: Latin America Sleep Apnea Diagnostic System Market Value Share, by Country, 2016 & 2026
Figure 15: Latin America Sleep Apnea Diagnostic System Market Y-o-Y Growth, by Country, 2015–2026
Figure 16: Market Attractiveness Analysis, By Product Type
Figure 17: Market Attractiveness Analysis, By End User
Figure 18: Market Attractiveness Analysis, By Country
Figure 19: Western Europe Sleep Apnea Diagnostic System Market Value Share, by Country, 2016 & 2026
Figure 20: Western Europe Sleep Apnea Diagnostic System Market Y-o-Y Growth, by Country, 2015–2026
Figure 21: Market Attractiveness Analysis, By Product Type
Figure 22: Market Attractiveness Analysis, By End User
Figure 23: Market Attractiveness Analysis, By Country
Figure 24: Eastern Europe Sleep Apnea Diagnostic System Market Value Share, by Country, 2016 & 2026
Figure 25: Eastern Europe Sleep Apnea Diagnostic System Market Y-o-Y Growth, by Country, 2015–2026
Figure 26: Market Attractiveness Analysis, By Product Type
Figure 27: Market Attractiveness Analysis, By End User
Figure 28: Market Attractiveness Analysis, By Country
Figure 29: APEJ Sleep Apnea Diagnostic System Market Value Share, by Country, 2016 & 2026
Figure 30: APEJ Sleep Apnea Diagnostic System Market Y-o-Y Growth, by Country, 2015–2026
Figure 31: Market Attractiveness Analysis, By Product Type
Figure 32: Market Attractiveness Analysis, By End User
Figure 33: Market Attractiveness Analysis, By Country
Figure 34: Market Attractiveness Analysis, By Product Type
Figure 35: Market Attractiveness Analysis, By End User
Figure 36: MEA Sleep Apnea Diagnostic System Market Value Share, by Country, 2016 & 2026
Figure 37: MEA Sleep Apnea Diagnostic System Market Y-o-Y Growth, by Country, 2015–2026
Figure 38: Market Attractiveness Analysis, By Product Type
Figure 39: Market Attractiveness Analysis, By End User
Figure 40: Market Attractiveness Analysis, By Country
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