Polysomnography Devices Market Size

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.