The Sleep Service Providers Market To See Growth Based On Immediate Adoption Of Advancements (Reaching US$ 8,395.7 Million) Between 2021

 The Sleep Service Providers Market will be worth US$ 8,395.7 Million at a CAGR of 12.9% from 2021. With interconnected ecosystems taking the center stage, advancements in technology are bound to bring about a digital alteration in the healthcare vertical. Also, bio-based medications are on the anvil.

Persistence Market Research (PMR) delivers key insights on the sleep services market in its latest report titled “Global Market Study on Sleep Testing Services: Increasing Prevalence of Sleep Disorders Attributes Double Digit Growth of the Sleep Testing Services During Forecast Period, 2015 – 2021 ”.

The sleep testing services market is expected to be valued at US$ 8,395.7 Mn by the end of 2021, reflecting a CAGR of 12.9% during the forecast period (2016–2021). Full polysomnography sleep testing has strong penetration in in-lab sleep testing services owing to the reliable outcome and diversified scope in terms of disease diagnosis. Moreover, the ready availability of reimbursement and higher awareness level of PSG tests positively impacted the growth of full polysomnography testing segment in 2015.

Want Insights To Sleep Service Providers Market? Ask For Sample! https://www.persistencemarketresearch.co/samples/3278

Some of the key sleep clinics profiled in the report:

  • Midwest Sleep Services Inc.
  • SleepMed Inc.
  • SOVA Sleep Services Inc.
  • Medical Service Company.
  • Sleep Services Australia.
  • Genesis SleepCare.
  • St. Luke’s Center of Sleep Medicine.
  • Total Sleep Holdings Plc.
  • Carolinas Sleep Services.

Planning To Conclude Your Strategy On A Decisive Note In The Sleep Service Providers Market? Glance Through The “Methodology” Implied! https://www.persistencemarketresearch.co/methodology/3278

Reimbursement policies are playing a vital role in sleep disease diagnosis, and are also responsible for the commercial success of home-based sleep testing solutions. Preference in the leading market of North America is shifting from laboratory-based sleep testing services to home sleep testing services owing to lower cost and easy availability of services.

An increasing number of individuals diagnosed with sleep disorders is expected to promote the use services. In-lab sleep testing services sub-segment accounted for 69% share of the diagnostic sleep testing services segment share in 2015. However, the segment is expected to witness the reduction in terms of market growth owing to increase in adoption of cost-effective and less time-consuming home sleep testing services over the forecast period.

On the basis of service type, the sleep testing services market is segmented into diagnostic services and treatment monitoring. Diagnostic sleep testing services are segmented into in-lab sleep testing and home sleep testing. In-lab sleep testing services segment is further sub-segmented into electroencephalogram, full polysomnography, CPAP/BiPAP Titration, multiple Sleep Latency Test (MSLT), and maintenance of wakefulness test (MWT).

Full polysomnography test sub-segment is expected to witness highest growth potential during the forecast period. High revenue from this sub-segment is attributed to high cost of full PSG sleep testing. However, the in-lab sleep testing sub-segment is anticipated to witness a significant growth in terms of revenue, owing to transition to home sleep testing services.

By sleep disease treatment monitoring, the market is sub-segmented into Obstructive Sleep Apnea, Insomnia, Restless Legs Syndrome, Circadian Rhythm Sleeping Disorders, Narcolepsy, and Rapid Eye Movement (REM) sleep disorder. Obstructive Sleep Apnea the most prevalent condition and this segment held around 49% share in 2015 and is expected to remain dominant over the forecast period.

How About Knowing The Product/Technology Driving The Sleep Service Providers Market Before Investing Therein? Click The “Purchase Now” Button Of Our Sleep Service Providers Market Report! https://www.persistencemarketresearch.com/checkout/3278

On the basis of an end user, the sleep testing services market is segmented into Hospitals, Sleep Centers, and Home Care Settings. Sleep center end users accounted for largest revenue share in 2015 owing to strong penetration of sleep testing services across sleep clinics. However, home care setting end user segment is projected to outperform in terms of revenue growth during the forecast period, reflecting a CAGR of 15.7%.

On the basis of geography, the sleep testing services market is segmented into North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. A growth of the North America sleep services market is driven by favorable reimbursement policies and high awareness of sleep disease.

However, there is significant variation in reimbursement policies for sleep testing services across European countries, which is promoting a growth of home-based sleep testing services across the region. Large patient population, the popularity of medical tourism services and low cost of sleep testing services are driving the growth of the Asia Pacific sleep testing services market.

The report begins with an overview of the sleep testing services market in terms of value, and a detailed analysis of key trends, drivers and restraints, and opportunities. Impact analysis of key growth drivers and restraints based on the weighted average of each of these factors in a model-based approach is included in the report. The report provides in-depth information on the potential scope of high-end confirmatory testing kits to provide clients with crystal clear decision-making insights.

About Us :-

Persistence Market Research is here to provide companies a one-stop solution with regards to bettering customer experience. It does engage in gathering appropriate feedback after getting through personalized customer interactions for adding value to customers’ experience by acting as the “missing” link between “customer relationships” and “business outcomes’. The best possible returns are assured therein.

Contact us:

Persistence Market Research
Address – 305 Broadway, 7th FloorNew York City,
NY 10007 United States
U.S. Ph. – +1-646-568-7751
USA-Canada Toll-free – +1 800-961-0353
Sales – sales@persistencemarketresearch.com
Website – https://www.persistencemarketresearch.com

Comments

Post a Comment

Popular posts from this blog

A CAGR Of 15% Expected To Be Registered Between 2031 For Disinfection Robot Market

  According to a revised report published by Persistence Market Research, the global   disinfection robots market  valued at   US$ 1 Bn   in 2020, and is predicted to surge at a   CAGR of more than 15%   during the forecast period (2021–2031). Impact of the COVID-19 pandemic due to the spread of SARS-CoV-2 has tested the obtainability of traditional disinfectants, which has led to a spike in demand for disinfection robots from institutions and companies. These robots are deployed progressively as an artless solution for the instantaneous decontamination of all surfaces of common areas and rooms, and, as such, they seem an attractive alternative for reducing dependency on cleaning services. Presently, disinfection robots are not an alternative to hospital cleaning services, but can be a complementary solution. Get Sample Copy of this Report @  https://www.persistencemarketresearch.com/samples/22822 Various companies received FDA & CE approval for their products to fight the COVID-19
Read more

Servo Motors Drives Market: Future Forecast Indicates Impressive Growth Rate 2019 – 2029

Image
  The global servo motors and drives market was valued at  ~ US$ 9 Bn in 2014,  and is expected to surpass  US$ 12 Bn  by the end of  2019 . The servo motors and drives market is expected to grow at a  CAGR of ~ 8% between 2019 and 2029 , and is estimated to reach a global value of  ~ US$ 28 Bn  by the end of  2029. Persistence Market Research released a new market study on the servo motors and drives market, which includes the global industry analysis  2014–2018  and forecast  2019–2029 . The report studies the global servo motors and drives market and offers an in-depth analysis for the next ten years. The report on the global servo motors and drives market contains vital macroeconomic and forecast factors that are estimated to drive the growth of the global servo motors and drives market. The report on the servo motors and drives market also discusses restraints that are expected to hamper the global market, along with potential opportunities and latest trends in the market across t
Read more

Increased Adoption of Virtual Desktop Infrastructure Market across End-Use Industries to Fuel Revenue Growth During the Forecast Period by 2030-Persistence Market Research

  As per findings of a new market research report by Persistence Market Research, the global   virtual desktop infrastructure market   reached a valuation of nearly   US$ 3.5   Bn in   2019 , and is anticipated to exhibit a CAGR of around   12%   during the forecast period of   2020  to   2030 . The adoption of BYOD allows employees to bring their own devices in the organization, which allows then to access company information and applications via virtual desktop infrastructure. With such a BYOD policy, both, employers and employees can avail benefits such as reliable data backup, cost savings, expanded mobility, increased productivity, and job satisfaction. Virtual desktop infrastructure helps secure the employee devices, as it supports a highly secure infrastructure. This system is like screen-scraping technology used with mainframe computers, where no actual data is delivered to the device, and all data remains in the data center. If the employee device is lost, misplaced, or stolen
Read more