Sleep Screening Devices Market Size, Demand, Share, Revenue, Key Players, Growth, and Forecast 2031

Global Sleep Screening Devices Market is valued approximately USD $$ million in 2021 and is anticipated to grow with a healthy growth rate of more than $$ % over the forecast period 2022-2028. The Sleep Screening Devices can be defined as medical equipment utilized to monitor sleep stages and cycles to identify disruption in sleep patterns.

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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.

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

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.

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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

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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

Here is an overview of the different factual statements covered by the study:

The learn about consists of an area that breaks down strategic traits for the primary gamers in present and upcoming R&D, new product launches, collaborations, regional expansion, and mergers & acquisitions.
The lookup focuses on essential market traits such as revenue, product cost, potential and utilization rates, import/export rates, supply/demand figures, market share and CAGR.
The learn about is a series of analyzed records and a variety of barrels of house bought via a mixture of analytical equipment and an inside look up process.
The Market can be divided into 4 areas in accordance to the regional breakdown: North American Markets, European Markets, Asian Markets and Rest of the World.

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