About this market
Technavio's polysomnography devices market analysis considers sales from hospitals, sleep clinics and diagnostic laboratories, ASCs, and homecare. Our analysis also considers the sales of polysomnography devices in Asia, Europe, North America, and ROW. In 2018, the hospitals' segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the availability of specialist doctors along with latest and advanced equipment will play a significant role in the hospitals' segment to maintain its market position. Also, our global polysomnography devices market report looks at factors such as favorable reimbursement scenario, increasing prevalence of sleep apnea, especially OSA, and benefits of polysomnography. However, alternatives of polysomnography devices, stringent regulatory framework, and product recall, and lack of public awareness about sleep apnea and shortage of medical lab technicians may hamper the growth of the polysomnography devices industry over the forecast period.
Increasing prevalence of sleep apnea, especially OSA
Sleep apnea is a sleep disorder wherein breathing stops and starts, leading to sleep disruption. The main types of sleep apnea include OSA, which occurs when the throat muscles relax too much to allow normal breathing; central sleep apnea (CSA), which occurs when the brain does not send proper signals to the muscles that control breathing; and complex sleep apnea syndrome (CompSAS), which basically takes place when a person has both OSA and CSA. The prevalence of OSA is increasing due to obesity and an increase in the geriatric population. This is also common among people with hypertension. The increasing prevalence of sleep apnea, especially OSA will lead to the expansion of the global polysomnography devices market at a CAGR of almost 6% during the forecast period.
Advances in polysomnography devices
Technological advances in diagnosis and management of sleep disorders reflect the huge scope of innovations in polysomnography devices. Wireless polysomnography devices are the latest trend. This is ideal for use in attended, remotely attended, and unattended sleep diagnosis. The feature in it enhances the mobility and comfort of the patient. The small size of the device ensures a higher level of comfort and efficiency for use in a home or an ambulatory set-up. This development is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global polysomnography devices market during the forecast period 2019-2023, view our report.
With the presence of several major players, the global polysomnography devices market is fragmented. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading polysomnography devices manufacturers, that include Cleveland Medical Devices Inc., Compumedics Ltd., Koninklijke Philips NV, Natus Medical Inc., Neurosoft, Neurovirtual, Nihon Kohden Corp., ResMed Inc., SOMNOmedics GmbH, Vyaire Medical Inc.
Also, the polysomnography devices market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
TABLE OF CONTENTS
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- Hospitals - Market size and forecast 2018-2023
- Sleep clinics and diagnostic laboratories -
- Market size and forecast 2018-2023
- ASCs - Market size and forecast 2018-2023
- Homecare - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2018-2023
- Europe - Market size and forecast 2018-2023
- Asia - Market size and forecast 2018-2023
- ROW - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
- Advances in polysomnography devices
- Increasing adoption of home healthcare and telemedicine by patients
- Immense growth opportunities in emerging markets
PART 12: VENDOR LANDSCAPE
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Cleveland Medical Devices Inc.
- Compumedics Ltd.
- Koninklijke Philips NV
- Natus Medical Inc.
- Nihon Kohden Corp.
- ResMed Inc.
- SOMNOmedics GmbH
- Vyaire Medical Inc.
PART 14: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO