The Sleep Testing Services Global Market Report 2023, provides comprehensive information on the sleep testing services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global sleep testing services market is expected to grow from $6.52 billion in 2022 to $7.06 billion in 2023 at a compound annual growth rate (CAGR) of 8.29%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The sleep testing services market is expected to reach $9.87 billion in 2027 at a CAGR of 8.75%.
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New product innovation is a key trend gaining popularity in the sleep testing services market. Major companies operating in the sleep testing services market engage in developing new and improved products as well as adding new features to their products to sustain their position in the market. For instance, in May 2023, Acurable, a UK-based wearable medical device company, launched AcuPebble SA100, its AcuPebble device for the diagnosis of obstructive sleep aponea (OSA) in the US. This device aims to enhance the problematic home sleep aponea testing procedure, allowing for earlier detection, quicker treatment, and improved management of this chronic condition.
The sleep testing services market is segmented:
1) By Diagnostic Type: Home Sleep Testing, In-Lab Sleep Testing
2) By Application: Obstructive Sleep Apnea, Insomnia, Rapid Eye Movement (REM) Sleep Disorder, Restless Legs Syndrome, Narcolepsy, Circadian Rhythm Sleeping Disorders
3) By End-User: Sleep Centers, Hospitals, Home Care Settings
North America was the largest region in the sleep testing services market in 2022.
The table of contents in TBRC’s sleep testing services market report includes:
1. Executive Summary
2. Sleep Testing Services Market Characteristics
3. Sleep Testing Services Market Trends And Strategies
4. Sleep Testing Services Market – Macro Economic Scenario
5. Sleep Testing Services Market Segmentation
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26. South America Sleep Testing Services Market
27. Brazil Sleep Testing Services Market
28. Middle East Sleep Testing Services Market
29. Africa Sleep Testing Services Market
30. Sleep Testing Services Market Competitive Landscape And Company Profiles
Top Major Players:
- ResMed Inc
- Invacare Corporation
- Natus Medical Incorporated
- Marshall Medical Center
- SleepMed Incorporated
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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