Report Ocean offers a thorough analysis of the Sleep Screening Devices Market, including assessments of business solutions, studies and advancements, applications, advantages, benefits, and breadth. This market research study on Sleep Screening Devices Market provides a thorough analysis and improvement of the important business producers, opportunities, difficulties, and worldwide suppliers as well as a close investigation of risks and access restrictions. Additionally, it provides a competitive analysis of the most recent technological advancements, innovations, future market potential, industry share, sales, sales generation, funding analysis, and overall business environment.
Global Sleep Screening Devices Market is valued at approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ over the forecast period 2022-2028.
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The Sleep Screening Devices can be defined as medical equipment utilized to monitor sleep stages and cycles to identify disruption in sleep patterns. Sleep screening devices analyzes sleep pattern using different combinations of sensors. Sleep screening devices use combination of different parameters such as breathing rate and airflow, as well as oxygen levels and heart rate. The growing prevalence of sleep disorders worldwide and ongoing development of new devices as well as strategic initiatives from leading market players are factors that are accelerating the global market demand. For instance, according to Sleep Foundation Organization – 35.2 % of all US household sleeps less than seven hours. 15-30% of males22 and 10-30% of are affected by obstructive sleep apnea (OSA). Moreover, as per European Sleep Research Society – more than 10% of European individuals are affected by insomnia. Furthermore, in June 2021, Indian Institute of Technology, Ropar developed country’s first power free CPAP device named “Jivan Vayu”. This new device functions even without electricity and is adapted to both kinds of oxygen generation. Furthermore, leading market players are coming up with innovative products to leverage the growing demand for sleep Screening devices.
For instance, in March 2022, Singapore based medical device brand named Buzud its new line of smartwatches with health monitoring features. The new DM01 & DM02 smartwatches are equipped with blood oxygen saturation oximeter sensors to measure blood oxygen levels and monitor sleep quality. It also tracks other health parameters including blood pressure, heart rate, body temperature, as well as steps, distance, and burned calories. Also, growing technological advancements in healthcare sector and rising healthcare infrastructure in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high cost associated with Continuous Positive Airway Pressure (CPAP) machines and unfavorable reimbursement scenario impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Sleep Screening Devices Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing prevalence of sleep disorders and presence of leading healthcare companies in the region. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as the thriving growth of healthcare sector and increasing incidences of sleep deprivation in the region, would create lucrative growth prospects for the global Sleep Screening Devices Market across the Asia Pacific region.
Major market players included in this report are:
Dream Sleep
NovaSom
VirtuOx
Koninklijke Philips
SleepWorks
Itamar Medical (ZOLL Medical)
ApneaMed
Garmin
ResMed
Cleveland Medical Devices
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Sleep Monitors
Wearables
Headband Devices
Sleep Mask Tracker Devices
Non-wearables
Smart Sleep Equipment
Smart Beds
By Application:
Circadian Rhythm Disorders
Sleep Deprivation
Narcolepsy
Sleep Apnea
Insomnia
By Distribution Channel:
Hypermarkets and Supermarkets
Retail Stores
Pharmacy
Online
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Table of Content:
- Report Overview
- Global Growth Trends
- Competition Landscape by Key Players
- Data Segments
- North America Market Analysis
- Europe Market Analysis
- Asia-Pacific Market Analysis
- Latin America Market Analysis
- Middle East & Africa Market Analysis
- Key Players Profiles Market Analysis
- Analysts Viewpoints/Conclusions
- Appendix
In this report, the following important queries are addressed:
- What is the Global market’s sales value, production value, consumption value, import, and export (including North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
- Who are the major manufacturers in this sector on a global scale? How are their capacity, production, sales, pricing, cost, gross, and revenue operating?
- What are the vendors’ market prospects and risks in the international industry?
- Which product types, end users, or applications might be looking for additional growth prospects? What is each type and application’s market share?
- What specific strategies and limitations are keeping the market in check?
- What is the various marketing, sales, and distribution channels in the international market?
- What are the upstream raw materials, as well as the manufacturing machinery?
- What are the Market opportunities, market risk, and market overview of this industry?
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