Polysomnography Devices Market Share

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.

Frequently Asked Questions (FAQ)

Lack of sleep prevalence across the globe and the growing awareness about sleep disorders are the major factors driving the growth of the market.

The market size of polysomnography devices is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024-2036.

The major players in the market are BMC Medical, CleveMed, Recorders & Medicare Systems, Medicom MTD, Compumedics, Dr. Langer Medical, Neurovirtual, Shanghai NCC Medica, Contec Medical Systems, CleveMed, SOMNOmedics GmbH, Cidelec, and others.

The fixed segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.

Polysomnography Devices Market Share