The latest published report by Polaris Market Research. The report “Actigraphy Sensor and PSG Devices Market Share, Size, Trends, Industry Analysis Report, By Product Type (Actigraphy Devices; Polysomnography Devices); By Technology (Wireless, USB, GPS), By Distribution Channel (Retail Stores, Online Retail Stores, Pharmacies, Hospitals, Diagnostic Laboratories, Homecare Settings); By Regions; Segment Forecast, 2020 – 2027” covers an exhaustive list of market tables and figures, thus providing in-depth analytical data for segments across different regions.
The global actigraphy sensors and PSG devices market was valued at USD 1.15 billion in 2019 and size is expected to reach USD 1.65 billion by 2027 to grow at a CAGR of 5.3% during the forecast period (2020 – 2027). Actigraphy and PSG devices play an important role in the management of sleep disorders. Growing prevalence of sleep disorders and alterations in sleeping patterns has led to sleep disorders ranging from minor disturbances to major sleep problems. While chronic sleep disorders make a crucial impact on person’s quality of life and health, management of these disorders at an early phase is quite essential. As increasing number of patients are seeking diagnostic services to secure accurate treatment for sleep disorders, the demand for actigraphy sensors and PSG devices is continuously increasing.
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The market is driven by continuously increasing prevalence of insomnia, stressed lifestyle, which in turn increases the number of people with disturbed sleep cycle and are the potential patients for treatment. Adoption of these devices in diagnostics and inclusion in treatment plan helps patients to achieve better patient outcome. According to the statistics published by the Maternal and Child Health Bureau in the U.S., on an average 60 million people suffer with one or other sleeping pattern disorder.
With increase in demand for these devices market participants such as Fit bit, Inc. has recently announced the launch of new enterprise Fit Bit Care, thus introducing the launch of breakthrough platform for enhancing wellness and disease management. This platform features wide range of devices which includes but not limited to wearables and tracking devices.
These lucrative market opportunities are leading to mergers & acquisitions in the industry with ResMed, Inc. acquiring MatrixCare and Garmin Ltd collaborating with ActiGraph to diversify their offerings in this product segment. Companies such as SOMNOmedics GmbH, ResMed Inc., Recorders & Medicare Systems Pvt Ltd, Natus Medical, Inc., MEDISANA GmbH, Koninklijke Philips N V, Garmin Ltd, Fitbit, Inc., Compumedics, Ltd, BMC Medical Co, Aetna Inc., and Activinsights Ltd. are some of the key players operating in the global market.
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Table of Contents
Actigraphy Sensors and PSG Devices Market Insights
Actigraphy Sensors and PSG Devices Market Assessment by Product Type
- Actigraphy Devices
- Wrist and Handband Devices
- Wearable Devices
- Polysomnography Devices
Actigraphy Sensors and PSG Devices Market, by Technology
Actigraphy Sensors and PSG Devices Market Assessment by Distribution Channel
- Retail Stores
- Online Retail Stores
- Diagnostic Laboratories
- Homecare Settings
Actigraphy Sensors and PSG Devices Market Assessment by Geography
- North America (U.S., Canada)
- Europe (France, Germany, UK, Italy, Spain, Netherlands, Austria)
- Asia Pacific (Japan, China, India, Malaysia, Indonesia, South Korea)
- Latin America (Brazil, Mexico, Argentina)
- Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
List of Tables
Table 1 Global Actigraphy Sensors and PSG Devices Market, By Product Type, 2016 – 2027 (USD Million)
Table 2 Global Actigraphy Sensors and PSG Devices Market, By Technology, 2016 – 2027 (USD Million)
Table 3 Global Actigraphy Sensors and PSG Devices Market, By Distribution Channel, 2016 – 2027 (USD Million)
List of Figures
Figure 1. Market Highlights (2019, Revenue)
Figure 2. Integrated Ecosystem
Figure 3. Research Methodology: Top Down & Bottom Up Approach
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