Polysomnography Devices Market size is poised to reach USD 530 Million by the end of 2036, growing at a CAGR of 5% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of polysomnography devices was USD 300 Million. The reason behind the growth is due to the lack of sleep prevalence across the globe. A significant portion of the population still struggles with getting enough sleep, owing to longer work hours, more pressures, and continual access to social media and entertainment. For instance, more than 60% of adults globally report having trouble falling asleep at night which is affecting their mental and physical well-being.
The growing awareness about sleep disorders is believed to fuel the polysomnography devices market growth. For instance, every year, World Sleep Day is observed to increase public awareness, and research in the field of sleep disorders to lessen the impact of sleep disorders on society.
Growth Drivers
Challenges
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Base Year |
2023 |
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Forecast Year |
2024-2036 |
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CAGR |
~5% |
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Base Year Market Size (2023) |
~ USD 300 Million |
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Forecast Year Market Size (2036) |
~ USD 530 Million |
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Regional Scope |
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Type (Fixed, Portable)
The fixed segment in the polysomnography devices market is estimated to gain a robust revenue share of 64% in the coming years owing to the growing burden of obstructive sleep apnea (OSA). For instance, it is estimated that more than 930 million persons worldwide suffer from mild to severe obstructive sleep apnea (OSA). It is a widespread chronic sleep-related breathing disorder characterized by recurring bouts of hypopnea and apnea and is known to be one of the most prevalent co-morbidities among individuals with interstitial lung disease (ILD). Moreover, it has been reported that the prevalence of OSA in ILD ranges from around 15–85%, while in healthy adults, it is over 3%. Interstitial lung diseases are a diverse set of conditions that may lead to increased BMI which is a significant risk factor for OSA.
To diagnose OSA, polysomnography (PSG) or overnight sleep study, is necessary which may necessitate the use of fixed polysomnography equipment for sleep staging in individuals. These devices are often used in sleep laboratories to detect conditions including OSA through the use of multiple sensors. Particularly, they allow medical professionals to observe abnormalities during an entire night’s sleep and tailor the treatment procedures accordingly.
Additionally, for a thorough examination of sleep, the portable polysomnograph records eight electrophysiological signals to provide more accurate readings when working in a laboratory. It is used by numerous clinics and hospitals since they can be customized, and are available at extremely affordable prices.
Application (Hospitals, Diagnostic Laboratories, Homecare Settings)
The diagnostic laboratories segment in the polysomnography devices market is set to garner a notable share shortly. A sleep diagnostic lab specializes in the diagnosis of several sleep-related conditions whereby overnight sleep behavior and pattern is monitored which is required for early diagnosis and treatment. These sleep labs have a bedroom-style configuration with sensors that are affixed to the patient's head using a thin layer of adhesive that aids in the examination of heart rate, respiration patterns, brain activity, blood oxygen level, eye and leg movements, and heart rate.
Furthermore, in homecare settings, polysomnography devices are being used for easy sleep investigations as they are affordable and easy to use. Besides this, these gadgets can be utilized for research on sleep problems in medical facilities or hospitals under the guidance of skilled specialists to prevent negative health effects.
Our in-depth analysis of the global polysomnography devices market includes the following segments:
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Type |
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Voltage |
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Application |
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North American Market Forecast
The polysomnography devices market in North America is predicted to account for the largest share of 46% by 2036 impelled by growing mergers and acquisitions, leading to the release of more products onto the polysomnography devices market. For instance, in December 2022, Natus Medical Inc. a well-known company that supplies medical supplies used for sleep disorders announced the acquisition of Micromed Holding SAS to combine its brands such as NeuroWorks/SleepWorks, Natus Quantum, and others with the complete line of Micromed solutions to develop new products in the fields of polysomnography (PSG), and other fields.
APAC Market Statistics
The Asia Pacific polysomnography devices market is estimated to be the second largest, during the forecast timeframe led by the inclusion of polysomnography in health insurance coverage.
For instance, The Government Rajaji Hospital (GRH) in India introduced a polysomnography device at the sleep laboratory that is available at no cost under the chief minister's comprehensive health insurance policy.
Author Credits: Radhika Gupta, Shivam Bhutani
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