Actigraphy Sensors and Psg Devices Market Size, Forecast to 2030
The latest market report published by Credence Research, Inc. "Global Actigraphy Sensors and PSG Devices Market: Growth, Prospects, and Competitive Analysis, 2016 – 2030". The global actigraphy sensors and PSG devices market generated revenue of around USD 1,354.8 million in 2022 and is anticipated to grow a CAGR of over 4.80% during the forecast period from 2017 to 2030 to reach around USD 1,794.91 million in 2030.
The latest market report published by Credence Research, Inc. "Global Actigraphy Sensors and PSG Devices Market: Growth, Prospects, and Competitive Analysis, 2016 – 2030". The global actigraphy sensors and PSG devices market generated revenue of around USD 1,354.8 million in 2022 and is anticipated to grow a CAGR of over 4.80% during the forecast period from 2017 to 2030 to reach around USD 1,794.91 million in 2030.
Actigraphy sensors collect and analyze the physical movements of individuals suffering from a range of sleeping disorders. Furthermore, they collect information by monitoring body movements during the REM cycle. The global actigraphy sensors and PSG devices market is expected to be driven by rising demand for these devices during COVID-19 and increasing life expectancy among the US senior population. Additionally, factors such as the number of populations suffering from sleeping disorders and the increasing prevalence of insomnia will fuel the market's growth in terms of sales.
The global actigraphy sensors and PSG devices market is bifurcated into Product Type, Technology, Distribution Channel, and Geography. Based on product type, the market is categorized into actigraphy devices and polysomnography devices. Based on technology, the global market is segmented into wireless, USB, GPS, and others (USB and Bluetooth LE, USB-to-lrDA). Based on distribution channel, the market can be categorized into retail stores, online retail stores, pharmacies, hospitals, diagnostic laboratories, and homecare settings. Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
In 2022, North America was expected to contribute the largest actigraphy sensors and PSG devices market share in sales and revenue. Factors such as rising investments from prominent players towards their R&D departments and rising demand from inorganic growth strategies will fuel market growth in the region. Also, the rising working population has led to a stressful lifestyle will lead to inflated sales. During the forecast period, the United States will be the largest contributor to the North American region due to the increasing demand for these devices due to a modern lifestyle and rising disorders arising from minor sleep disturbances.
The market drivers for Actigraphy Sensors and PSG Devices are quite diverse. One of the most important is the increasing awareness of sleep disorders and their impact on overall health. This has led to more people seeking diagnosis and treatment for conditions like insomnia, sleep apnea, and narcolepsy. In addition, advances in technology have made these devices more accurate and user-friendly, which has also contributed to their growing popularity.
Why to Buy This Report-
· The report provides a qualitative and quantitative analysis of the global actigraphy sensors and PSG devices by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2017-2021, base year- 2022, and forecast period 2017-2030.
· The report contains information related to the competitive landscape, like how the key players in the market are operating at a global, regional, and country level.
· In-depth analysis of the global actigraphy sensors and PSG devices segmentation based on products, procedures, applications, end user, and regional integration.
· The global actigraphy sensors and PSG devices report also includes analyzing the global, regional, and country levels, key market trends, significant players analysis, market growth strategies, and key application areas.
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