The research study on the U.S. Sleep Disorder Clinics Market – Industry Outlook & Forecast 2022-2027, recently published by Arizton Advisory & Intelligence, states that the market will grow at a CAGR of 5% during 2021-2027.
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One in three Americans reports insufficient sleep every night. Sleep disorders remain underdiagnosed, and some people experience restless nights. A few nights of toss and turns can be due to stress or changes in daily life, but the inability to fall asleep or sleep for long periods indicates a need to visit a sleep clinic. Problems such as falling and staying asleep, snoring, choking, and gasping during sleep can be painful. Understanding what a sleep clinic is and what happens can help with diagnosis and treatment. These elements have contributed to the expansion of the U.S. sleep disorder clinics market and the growth of the sleep market.
Sleep center and sleep clinic are terms that are used interchangeably. Both terms refer to the medical field where sleep tests are performed. Some sleep laboratories are dedicated to testing, while others provide testing and outpatient treatment for people with insomnia. Sleep clinics can help people diagnose sleep disorders and sleep problems. The sleep clinic can diagnose common sleep disorders such as obstructive sleep apnea, insomnia, and narcolepsy.
The Sleep lab services are of three distinct types: sleep facility, clinic, and sleep labs. The sleep facility contains a clinic for evaluating patients and a laboratory for diagnosing patients. A sleep clinic is an outpatient facility where patients can visit, get diagnosed, and receive treatment for their sleep conditions. Sleep labs, on the other hand, are where the sleep disorder diagnosis is performed. It can be in-lab testing or house sleep testing.
U.S. Sleep Disorder Clinics Market Report Scope
|Market Size (2027)||USD 5.55 Billion|
|Market Size (2021)||USD 7.44 Billion|
|MARKET Segmentation||Ownership, Applications, Payor, and Region|
|Geographic Analysis||The U.S. (East, South, West, Midwest)|
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Sleep medicine is conventionally thought of as in-lab sleep testing. Several technological advances and in-home sleep testing with concurrent telemedicine have enabled individuals to have better access to sleep disorder diagnoses and treatments. Telemedicine relies on technologies such as telephone, email, videoconferencing, and other tools to exchange medical information. Telemedicine solutions have recently been increasingly adopted across hospitals and other medical facilities to reach patients in remote areas. It has since expanded rapidly with technological improvements and price drops for healthcare providers and patients. Sleep medicine services have experienced some disruptive changes in terms of new diagnostic and therapeutic techniques for treating obstructive sleep apnea (OSA).
Newly Discovered Sleep Testing Best Practices
- The COVID-19 crisis disproportionally affected sleep centers that relied exclusively on in-lab testing, with 72% suspending operations during the pandemic. In some cases, 79% of sleep centers that offer HSTs maintained some or all home testing volumes during the crisis.
- In 48% of cases, respondents reported increased demand or additional technology investment to meet HST demand.
- Sleep centers (64%) offer telemedicine consultation and booking options, outperforming sleep centers (36%), which do not provide these technical services.
- Patient care can now be processed in a virtual environment, from diagnosis to treatment and management.
Market Segmentation Analysis
The affiliated clinic segment accounts for a significant share by ownership analysis in the U.S. sleep disorder clinics market and anticipates retaining its market dominance during the forecast period. The industry segments into independent and affiliated clinics. The increasing prevalence of sleep disorders drives the demand for sleep disorder clinics in the United States.
Based on applications, the sleep disorder clinics market in the U.S. segments into sleep testing, PAP therapy, consultation, and others. The sleep testing segment accounts for a major share of the industry. Over 80 sleep disorders affect human life in some form, diminishing its quality. Sleep disorders can affect not only the physical health but also the mental health of a person. Hence, diagnosing and treating sleep disorders is crucial, avoiding the chances of other chronic conditions that may progress because of sleep disorders. Such factors have initiated the demand for sleep disorder clinics in the U.S.
Based on the payor, the sleep disorder clinics market in the US segments into private health insurance, public health insurance, and out-of-pocket. The private health insurance segment accounted for a significant share of 52.15% in 2021. The Private health insurance segment is anticipated to retain its market dominance during the forecast period. The public health insurance segment projects to register a CAGR of 5.13% during the 2021-2027.
Ownership: Affiliated Clinics and Independent Clinics
Applications: Sleep Testing, PAP Therapy, Consultation, and Others
Payor: Private Health Insurance, Public Health Insurance, and Out-of-Pocket
Region: The U.S. (East, South, West, Midwest)
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