Global Sleep Study Equipment Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Equipment Type;

Sleep Monitors, Masks and Interfaces, Sensors and Accessories, Smart beds, pillows and Others.

By End User;

Hospitals, Sleep Clinics and Laboratories and In-House.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn007605659 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Sleep Study Equipment Market (USD Million), 2021 - 2031

In the year 2024, the Global Sleep Study Equipment Market was valued at USD 5374.14 million. The size of this market is expected to increase to USD 8629.69 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 7.0%.

The global sleep study equipment market has witnessed significant growth in recent years, driven by increasing awareness regarding sleep disorders and their diagnosis. Sleep study equipment, such as polysomnography (PSG) devices, actigraphy systems, and respiratory polygraphs, play a crucial role in diagnosing various sleep disorders, including sleep apnea, insomnia, and narcolepsy. These disorders affect millions worldwide, prompting healthcare providers to invest in advanced diagnostic tools. Moreover, technological advancements in sleep study equipment, such as the development of portable and wireless devices, have further boosted market growth by enhancing patient comfort and data collection efficiency.

North America holds a dominant position in the global sleep study equipment market, attributed to the high prevalence of sleep disorders and well-established healthcare infrastructure. The region's proactive approach towards early diagnosis and treatment of sleep disorders has spurred the adoption of advanced sleep study equipment. Additionally, government initiatives promoting awareness and the availability of reimbursement schemes for diagnostic procedures have contributed to market expansion. Europe follows closely, driven by increasing healthcare expenditure and growing elderly population prone to sleep-related issues.

Asia Pacific is expected to witness rapid market growth in the coming years, fueled by improving healthcare infrastructure, rising disposable incomes, and increasing awareness among patients and healthcare professionals about the benefits of sleep studies. Countries like China and India are investing heavily in healthcare, driving the adoption of diagnostic technologies, including sleep study equipment. Furthermore, the COVID-19 pandemic has underscored the importance of respiratory health, further accelerating the demand for sleep study equipment globally as healthcare systems prioritize early detection and management of sleep disorders.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Equipment Type
    2. Market Snapshot, By End User
    3. Market Snapshot, By Region
  4. Global Sleep Study Equipment Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements in Sleep Study Equipment
        2. Increasing Awareness about Sleep Disorders
        3. Growing Geriatric Population
      2. Restraints
        1. High Cost of Sleep Study Equipment
        2. Limited Reimbursement Policies
        3. Lack of Skilled Professionals
      3. Opportunities
        1. Emerging Markets in Developing Countries
        2. Telemedicine and Remote Monitoring Trends
        3. Integration of AI and Machine Learning
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Sleep Study Equipment Market, By Equipment Type, 2021 - 2031 (USD Million)
      1. Sleep Monitors
      2. Masks and Interfaces
      3. Sensors and Accessories
      4. Smart beds, pillows
      5. Others
    2. Global Sleep Study Equipment Market, By End User, 2021 - 2031 (USD Million)
      1. Hospitals
      2. Sleep Clinics and Laboratories
      3. In-House
    3. Global Sleep Study Equipment Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Philips Healthcare
      2. ResMed Inc.
      3. Natus Medical Incorporated
      4. Nihon Kohden Corporation
      5. SOMNOmedics GmbH
      6. Compumedics Limited
      7. Fisher & Paykel Healthcare Limited
      8. Itamar Medical Ltd.
      9. Medicom MTD Ltd.
      10. Cadwell Industries, Inc.
  7. Analyst Views
  8. Future Outlook of the Market