Sleep Testing Services Market Analysis

Global Sleep Testing Services Market Overview

Sleep Testing Services Market Size was valued at USD 6.9 Billion in 2022. The Sleep Testing Services Market industry is projected to grow from USD 7.2 Billion in 2023 to USD 10.8 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.20% during the forecast period (2023 - 2032). 

Increased understanding of the significance of sleep and the growing prevalence of sleep disorders are the key market drivers enhancing the market growth.

Source Secondary Research, Primary Research, MRFR Database and Analyst Review

In Mar 2022, withing introduced a sleep diary feature to within sleep mat developed with sleep physicians.

In Nov 2021 the third generation Oura Ring was unveiled. It is a $300 health-monitoring device that is worn on the finger like jewelry and has various health tracking features including parameters of slumber monitoring.

A study conducted by the American Sleep Association in 2020 revealed that several adults in America, from 50 million to around 70 million, were affected by different sleeping disorders. 

On August 16, 2021 – ResMed, the global leader in digital health and treatment of sleep apnea, launched AirSense 11, its next-generation PAP device in the US. The device is equipped with new digital functionalities such as Personal Therapy Assistant and Care Check-In meant to help patients have easier setup for therapy and nightly use while providing customized guidance throughout their treatment journey. By integrating digital health technologies into patient care, ResMed seeks to improve patient adherence and clinician efficiency in managing sleep-disordered breathing.

In June 2021 Marshall Medical Centers partnered with Mayo Medical Laboratories in the U.S market enabling Marshall Medical Centers access Mayo clinic's broad range of over 3,000 laboratory tests across multiple departments hence expanding customer base. This collaboration aims at increasing global patient base among other growth opportunities for both organizations.

In October 2021 MedStar Health which is the largest healthcare provider in Maryland and Washington region inaugurated successful aging center at MedStar Montgomery Medical Center in Olney, Maryland. This newly opened center offers integrated care coordination that addresses specific needs of older adults focusing on a patient-centered approach.

On Mar 2022, Withing introduced a sleep diary feature to withing sleep mat developed with sleep physicians.

In the year 2023 International Institute of Sleep collaborated with EnsoData, a company using artificial intelligence to analyze sleep data.

In 2021, Vivos Therapeutics, Inc. reached out to Empower Sleep which is a digital healthcare platform offering online sleep disorder treatment for essential diagnostic consultations and medical care for those people with obstructive sleep apnea syndrome in the US. 

In the meantime, Koninklijke Philips N.V., which is based in the Netherlands, is one of the most influential health technology firms dealing with sleep solutions. In 2023, they introduced a new sleep apnea screening device known as Philips NightBalance, which uses a wearable sensor to monitor breathing patterns while delivering gentle vibrations that encourage sleeping on a side instead.

Sleep Testing Services Market Trends

• The rising prevalence of sleep problems drives market growth.

Sleep testing services market CAGR is predicted to increase significantly in the approaching years, owing to the increased prevalence of sleep disorders such as sleep apnea, insomnia, and restless leg syndrome, among others. The American Sleep Association estimates that 50-70 million persons in the United States suffer from sleep problems, with sleep apnea alone impacting an estimated 22 million Americans. The rising prevalence of sleep disorders is boosting demand for sleep testing services, which are used to identify and treat a variety of sleep-related illnesses. Sleep testing services include, among other things, polysomnography, home sleep testing, and multiple sleep latency testing.

As the demand for sleep testing services grows, market players are focusing on developing new and novel diagnostic tools and technologies to increase the accuracy and usability of these tests. Overall, the rising prevalence of sleep disorders is a major driver of growth in the Sleep Testing Services Market, and this trend is projected to continue in the future years.

Moreover, the rising prevalence of sleep disorders including as sleep apnea, insomnia, and restless leg syndrome, among others, is another driver of growth in the Sleep Testing Services Market. Sleep disorders are a rising public health concern, impacting millions of individuals ly and contributing to a variety of health issues such as obesity, diabetes, cardiovascular disease, and depression. As a result, there is a growing need for sleep testing services, which can aid in the diagnosis and treatment of sleep problems. Among the diagnostic procedures offered by sleep testing services include polysomnography, home sleep testing, and multiple sleep latency testing.

Another factor driving growth in the Sleep Testing Services Market is growing public awareness of sleep problems. There has been a tremendous growth in public understanding of the importance of sleep and the impact of sleep disorders on overall health and well-being in recent years. As a result of this increased knowledge, an increasing number of people are seeking sleep testing services to detect and treat sleep disorders. This is increasing demand for sleep testing services and is likely to drive growth in the Sleep Testing Services Market over the next few years.

As an example, Campaigns such as World Sleep Day, observed annually on the Friday before the Spring Equinox, help to increase awareness about the significance of sleep and the need of proper diagnosis and treatment of sleep problems. Advocacy organizations, such as the National Sleep Foundation and the American Sleep Association, are also striving to educate the public about sleep problems and treatment alternatives.

Sleep Testing Services Market Segment Insights

Sleep Testing Services Diagnostic Service Insights

The Sleep Testing Services Market segmentation, based on Diagnostic Service includes Home Sleep Testing, In-Lab Testing, Electroencephalogram, Full Polysomnography, CPAP/BiPAP Titration, Multiple Sleep Latency Test {MSLT}, Maintenance of Wakefulness Test {MWT}. Home sleep testing category has dominated the market, because of its ease, effectiveness, and technical developments. HST conforms to patient preferences by providing a more natural sleeping environment and precise outcomes. While in-lab testing is still employed in complicated cases, patient desire and greater accessibility have boosted HST's market dominance.

Sleep Testing Services Treatment Monitoring Insights

The Sleep Testing Services Market segmentation, based on Treatment Monitoring, includes Obstructive Sleep Apnea, Insomnia, Restless Legs Syndrome, Circadian Rhythm Sleeping Disorders, Narcolepsy, Rapid eye movement (REM) sleep disorder. The obstructive sleep apnea segment has the biggest market share. OSA is the most common sleep condition, impacting millions of people throughout the world. The rising prevalence of OSA, combined with a growing understanding of the importance of sleep health, has fueled the expansion of the Sleep Testing Services Market in recent years.

Sleep Testing Services End-User Insights

The Sleep Testing Services Market segmentation, based on end-user, includes Hospitals, Sleep Centers, and Home Care Settings. Hospitals dominate the market for sleep testing services ly, largely because of their cutting-edge technology, unique facilities, and highly qualified medical staff. Hospitals are in a good position to give patients individualized care and accurate sleep disorder assessments due to their wide variety of diagnostic and treatment options. Hospitals' well-established presence and stellar reputation further reinforce their monopoly status in the market for sleep testing services.

Figure1 Sleep Testing Services Market, by End-User, 2022&2032 (USD Billion)

Source Secondary Research, Primary Research, MRFR Database and Analyst Review

Sleep Testing Services Regional Insights

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American market became the largest in 2022, gaining a sizeable proportion. The region's market dominance can be attributed to a number of elements, including changing lifestyles, rising disposable income, the presence of illustrious industry players, an increase in the prevalence of respiratory diseases, growing awareness of obstructive sleep apnea (OSA), and supportive government initiatives.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2 SLEEP TESTING SERVICES MARKET SHARE BY REGION 2022 (USD Billion)

Source Secondary Research, Primary Research, MRFR Database and Analyst Review

Europe Sleep Testing Services Market accounts for the second-largest market share due to the high frequency of sleep disorders in the region, as well as the increasing knowledge about the importance of sleep health. Further, the German Sleep Testing Services Market held the largest market share, and the UK Sleep Testing Services Market was the fastest growing market in the European region

The Asia-Pacific Sleep Testing Services Market is expected to grow at the fastest CAGR from 2023 to 2032. The region's growing senior population is increasing the demand for sleep testing services, as older persons are more likely to suffer from sleep problems. Moreover, China’s Sleep Testing Services Market held the largest market share, and the Indian Sleep Testing Services Market was the fastest growing market in the Asia-Pacific region.

Sleep Testing Services Key Market Players& Competitive Insights

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Sleep Testing Services Market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their  footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Sleep Testing Servicesindustry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Sleep Testing Services industry to benefit clients and increase the market sector. In recent years, the Sleep Testing Services industry has offered some of the most significant advantages to medicine. Major players in the Sleep Testing Services Market, including Sleep Services Australia, Total Sleep Holdings Inc., GenesisCare, Carolinas Sleep Services, SleepMed, SOVA Sleep Services, SleepWorks LLC, HomeSleep LLC  and others, are attempting to increase market demand by investing in research and development operations.

ResMed Inc. is a medical device firm situated in San Diego, California. It primarily sells cloud-connected medical products used to treat sleep apnea (such as CPAP machines and masks), chronic obstructive pulmonary disease (COPD), and other respiratory disorders. ResMed manufactured hundreds of thousands of ventilators and bilevel devices to aid in the treatment of COVID-19 patients' respiratory problems. In August 2021, ResMed, a  leader in digital health and sleep apnea therapy, has introduced its next-generation PAP device, AirSense 11, in the United States. The device includes new digital capabilities including Personal Therapy Assistant and Care Check-In, which are intended to simplify therapy setup and nightly use for patients while also providing personalised guidance during their treatment journey.

MedStar Health is a non-profit healthcare system. It operates about 120 institutions in the Baltimore-Washington metropolitan area of the United States, including ten hospitals. It was named the employer with the most local employees in the region in 2011. In October 2021, MedStar Health, the leading healthcare provider in the Maryland and Washington, D.C. metropolitan areas, has opened the Centre for Successful Aging at MedStar Montgomery Medical Centre in Olney, Maryland. This recently opened centre offers specialized treatment suited to the specific requirements of older persons, as well as integrated care coordination and a patient-centered approach.

Key Companies in the Sleep Testing Services market include

• Midwest Sleep Services Inc.


• SleepMed Inc.


• SOVA Sleep Services Inc.


• Medical Service Company.


• Sleep Services Australia.


• Genesis SleepCare.


• Luke’s Center of Sleep Medicine.


• Total Sleep Holdings Plc.


• Carolinas Sleep Services.

Sleep Testing Services Industry Developments

March 2022, Withings is the world's top consumer electronics firm dedicated to the development of connected health devices and applications. Withings' Sleep Tracking Mat now includes a Sleep Diary feature. By integrating biometric data acquired by the mat with additional information obtained through a series of questions, this function improves users' comprehension of sleep quality.

October 2021, Resmed Inc.'s acquisition of Ectosense, which was initially a minor investor in Ectosense, will help Resmed Inc. to extend its customer database in countries such as New Zealand, Australia, the United States, EU regions, and India. Ectosense will be part of ResMed Inc's Sleep and Respiratory Care division.

June 2021, Marshall Medical Centres and Mayo Medical Laboratories created a collaboration in the United States market, allowing Marshall Medical Centres to increase its customer base by gaining access to Mayo Clinic's comprehensive range of 3,000 laboratory tests across several departments. This agreement intends to enhance worldwide patient base expansion and growth prospects for both enterprises.

Sleep Testing Services Market Segmentation

Sleep Testing Services Market By Diagnostic Service Outlook

• Home Sleep Testing


• In-Lab Testing


• Electroencephalogram


• Full Polysomnography


• CPAP/BiPAP Titration


• Multiple Sleep Latency Test (MSLT)


• Maintenance of Wakefulness Test (MWT)

Sleep Testing Services Market By Treatment Monitoring Outlook

• Obstructive Sleep Apnea


• Insomnia


• Restless Legs Syndrome


• Circadian Rhythm Sleeping Disorders


• Narcolepsy


• Rapid eye movement (REM) sleep disorder

Sleep Testing Services Market By End-User Outlook

• Hospitals


• Sleep Centers


• Home Care Settings

Sleep Testing Services Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America