Ambulatory Polysomnography (PSG) Systems Market to Reach USD 516.9 Million by 2032, Growing at a CAGR of 5.2%

Ambulatory Polysomnography (PSG) Systems Market

Ambulatory Polysomnography (PSG) Systems Market

The global ambulatory polysomnography (PSG) systems market is projected to reach a valuation of USD 311.2 million in 2022, with expectations of further expansion at a compound annual growth rate (CAGR) of 5.2%, ultimately totaling approximately USD 516.9 million by 2032. This data emerges from a recent study conducted by Future Market Insights.

Market Insights

Dominant Product Segment:
Within the global ambulatory PSG systems market, the 24-channel PSG systems are leading the charge, accounting for about 37.0% of the market share in 2021. These advanced systems are pivotal in enhancing the accuracy and efficiency of sleep studies, making them a preferred choice among healthcare providers.

Drivers of Market Growth:
The increasing prevalence of sleep disorders, coupled with a growing awareness of the importance of sleep health, is driving the demand for ambulatory PSG systems. As more patients seek effective diagnosis and treatment for conditions such as sleep apnea, the market is expected to witness significant growth.

Future Outlook:
As technology continues to advance, the ambulatory PSG systems market is anticipated to see innovations that improve patient comfort and data accuracy. The growing trend of at-home sleep testing is also expected to contribute to market expansion, providing patients with more accessible and convenient options for sleep evaluation.

Crucial information and forecast statistics covered in the Ambulatory Polysomnography (PSG) Systems market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.

Key players covered in the report include:

  • Koninklijke Philips N.V.
  • Natus Medical Incorporated
  • NIHON KOHDEN CORPORATION
  • Nox Medical
  • Löwenstein Medical Technology GmbH + Co. KG.
  • Neurosoft
  • Cadwell Industries Inc.
  • SOMNOmedics GmbH
  • Compumedics Limited
  • Neurovirtual / Sleepvirtual
  • Onera Technologies B.V.
  • Medicom MTD Ltd

Ambulatory Polysomnography (PSG) Systems Market: Competition Analysis

The FMI’s study presents a comprehensive analysis of global, regional, and country-level players active in the Ambulatory Polysomnography (PSG) Systems market. Competitive information detailed in the Ambulatory Polysomnography (PSG) Systems market report has been based on innovative product launches, distribution channels, local networks, industrial penetration, production methods, and revenue generation of each market player. Furthermore, growth strategies and mergers & acquisitions (M&A) activities associated with the players are enclosed in the Ambulatory Polysomnography (PSG) Systems market report.

A Full Report Overview

Key Market Segments Covered in Ambulatory Polysomnography (PSG) Systems Industry Research

By Product:

  • Up-to 12 Channel PSG Systems
  • Up-to 24 Channel PSG Systems
  • Up-to 32 Channel PSG Systems
  • Above 32 Channel PSG Systems

 By Application:

  • Obstructive Sleep Apnea
  • Narcolepsy
  • Chronic Insomnia
  • Others

By End User:

  • Hospitals
  • Sleep Laboratories
  • Home Care Settings

Author

Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.

Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.

Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

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Website: https://www.futuremarketinsights.com
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