USD 27.6 billion
Report ID:
SQMIG35D2156 |
Region:
Global |
Published Date: February, 2025
Pages:
157
|Tables:
71
|Figures:
75
Sleep Disorder Market size was valued at USD 27.6 billion in 2023 and is poised to grow from USD 30.39 billion in 2024 to USD 65.61 billion by 2032, growing at a CAGR of 10.1% during the forecast period (2025-2032).
Global Sleep Disorder Market pertains to the diagnosis, treatment, and management of various sleep-related conditions that impact the quality and duration of sleep. With the growing recognition of the significance of sleep for overall health and well-being, this market has gained substantial attention. Sleep disorders encompass a range of conditions such as insomnia, sleep apnea, restless legs syndrome, narcolepsy, and more.
The market is driven by several factors. Rising awareness of sleep disorders, coupled with changing lifestyles, increased stress levels, and the prevalence of sleep-related medical conditions, has spurred demand for diagnosis and treatment. Technological advancements have led to the development of innovative diagnostic tools and treatment options, such as wearable devices and telemedicine solutions, contributing to market growth.
Moreover, the expanding geriatric population, which is more susceptible to sleep disorders and the increasing prevalence of obesity and chronic conditions like diabetes, which can exacerbate sleep issues, further fuel the demand for effective interventions. As a result, pharmaceutical companies, medical device manufacturers, and healthcare providers are investing in research and development to offer improved therapies and solutions for sleep disorders.
The sleep disorder market is expected to continue its upward trajectory due to the growing understanding of the impact of sleep on overall health and the continuous efforts to address the diverse needs of individuals facing sleep-related challenges.
US Sleep Disorder Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
USD 27.6 billion
Largest Segment
Insomnia
Fastest Growth
Insomnia
Growth Rate
10.1% CAGR
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Global Sleep Disorder Market is segmented by Disorder Type, Product, End-use and region. Based on Disorder Type, the market is segmented into Insomnia, Sleep Apnea, Restless Legs Syndrome, Narcolepsy and Circadian Rhythm Disorders. Based on Product, the market is segmented into Diagnostics and Therapeutics. Based on End-use, the market is segmented into Hospitals & Sleep Laboratories and Home Care Settings & Individuals. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
The various types of sleep disorders, the Sleep apnea segment is dominating the market due to its high prevalence and significant impact on health. Sleep apnea, characterized by interrupted breathing during sleep, is a leading cause of cardiovascular problems, hypertension, and daytime fatigue. The awareness about its potential health risks has driven the demand for diagnosis and treatment, boosting the dominance of the sleep apnea segment.
On the other hand, the insomnia segment is experiencing rapid growth, emerging as the fastest-growing segment. Insomnia, characterized by difficulty falling asleep or staying asleep, affects a significant portion of the global population. The modern lifestyle, stress, and other factors contribute to the rise in insomnia cases. With increasing awareness about mental health and the importance of quality sleep, more individuals are seeking diagnosis and intervention for insomnia, making it the fastest-growing segment in the sleep disorder market. As research and treatment options continue to evolve, addressing both dominant and fast-growing segments remains a key focus for healthcare providers and manufacturers in the sleep disorder industry.
In the sleep disorder market, "Polysomnography (PSG)" currently dominates due to its comprehensive nature. PSG involves monitoring multiple physiological parameters during sleep, such as brain waves, heart rate, eye movements, and muscle activity, providing detailed insights into sleep patterns and disorders. It is widely used for diagnosing complex sleep disorders like sleep apnea and narcolepsy.
The fastest-growing segment is "Home Sleep Apnea Test (HSAT)" due to its convenience and increasing adoption. HSAT allows patients to undergo sleep apnea testing in the comfort of their homes, using portable devices that monitor breathing patterns, oxygen levels, and airflow. This approach is gaining popularity due to its cost-effectiveness, ease of use, and the growing emphasis on remote healthcare solutions. As telemedicine and remote monitoring gain traction, the HSAT segment is projected to witness significant growth.
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The North America region stands as the largest market for sleep disorder solutions, driven by heightened awareness about sleep-related health issues and the availability of advanced healthcare infrastructure. Countries like the United States and Canada have well-established healthcare systems and a significant prevalence of sleep disorders due to factors such as lifestyle changes and stressful routines. This region also witnesses considerable investment in research and development for innovative diagnostic tools and treatment methods.
The second-largest region is Europe, which also demonstrates a significant market presence in the sleep disorder sector. European countries have shown increasing concern for sleep-related health and well-being, leading to higher adoption of sleep disorder diagnosis and treatment solutions. The growing geriatric population and an elevated awareness of the impacts of sleep disorders on overall health contribute to the market's growth in this region. Furthermore, technological advancements and collaborations among healthcare institutions and research organizations further propel the expansion of the sleep disorder market in Europe.
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Rising Awareness and Education
Technological Advancements
Stigma and Lack of Awareness
Limited Insurance Coverage
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The competitive landscape of the sleep disorder market is characterized by the presence of several key players striving to provide comprehensive solutions for diagnosing and managing various sleep-related conditions. Prominent pharmaceutical companies, medical device manufacturers, sleep clinics, and telemedicine providers are actively engaged in offering a range of products and services. These include advanced diagnostic devices, wearable technologies, medications, therapies, and remote monitoring solutions. Companies are focusing on research and development to introduce innovative products that enhance the accuracy of diagnosis and effectiveness of treatment.
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Component types team that Collects, Collates, Correlates, and Analyzes the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
According to our global sleep disorder market analysis, the sleep disorder market is witnessing substantial growth globally, driven by rising awareness of sleep-related health issues and advancements in diagnostic and treatment technologies. The market is segmented based on diagnosis methods like polysomnography, actigraphy, and home sleep apnea tests, as well as various sleep disorders including insomnia, sleep apnea, and circadian rhythm disorders. North America currently dominates the market due to high healthcare awareness and favorable reimbursement policies. Asia-Pacific is expected to witness rapid growth due to increasing healthcare infrastructure and a growing focus on overall well-being. The market's growth is fueled by factors like lifestyle changes, technological innovations, and the aging population. As individuals prioritize better sleep quality, the demand for effective sleep disorder diagnosis and treatment solutions is expected to continue growing across regions.
Report Metric | Details |
---|---|
Market size value in 2023 | USD 27.6 billion |
Market size value in 2032 | USD 65.61 billion |
Growth Rate | 10.1% |
Base year | 2024 |
Forecast period | 2025-2032 |
Forecast Unit (Value) | USD Billion |
Segments covered |
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Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
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Customization scope | Free report customization with purchase. Customization includes:-
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Table Of Content
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
Methodology
For the Sleep Disorder Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Sleep Disorder Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Sleep Disorder Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Sleep Disorder Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Sleep Disorder Market size was valued at USD 25.2 Billion in 2023 and is poised to grow from USD 28.22 Billion in 2024 to USD 69.88 Billion by 2032, growing at a CAGR of 12% during the forecast period (2025-2032).
The competitive landscape of the sleep disorder market is characterized by the presence of several key players striving to provide comprehensive solutions for diagnosing and managing various sleep-related conditions. Prominent pharmaceutical companies, medical device manufacturers, sleep clinics, and telemedicine providers are actively engaged in offering a range of products and services. These include advanced diagnostic devices, wearable technologies, medications, therapies, and remote monitoring solutions. Companies are focusing on research and development to introduce innovative products that enhance the accuracy of diagnosis and effectiveness of treatment. 'ResMed Inc.', 'Philips Healthcare', 'Fisher & Paykel Healthcare', 'Inspire Medical Systems', 'Sleep Number Corporation', 'Koninklijke Philips NV.', 'Natus Medical Incorporated', 'Compumedics Limited', 'Becton, Dickinson and Company', 'Itamar Medical Ltd.', 'Nihon Kohden Corporation', 'Medtronic plc', 'DeVilbiss Healthcare', 'Drive DeVilbiss Healthcare', 'Cardinal Health', 'NovaSom, Inc.', 'Advanced Brain Monitoring', 'SleepMed Inc.', 'Sefam', 'BMC Medical Co., Ltd.'
Growing awareness about the adverse health impacts of sleep disorders is a major driver. Increased education and information dissemination through various channels are prompting individuals to seek diagnosis and treatment for their sleep-related issues.
Rise in Telemedicine and Remote Monitoring: The adoption of telemedicine and remote monitoring solutions has surged, enabling individuals to access sleep disorder diagnosis and treatment from the comfort of their homes. This trend has been accelerated by the COVID-19 pandemic, driving the development of virtual sleep clinics and wearable technologies for remote sleep tracking.
The North America region stands as the largest market for sleep disorder solutions, driven by heightened awareness about sleep-related health issues and the availability of advanced healthcare infrastructure. Countries like the United States and Canada have well-established healthcare systems and a significant prevalence of sleep disorders due to factors such as lifestyle changes and stressful routines. This region also witnesses considerable investment in research and development for innovative diagnostic tools and treatment methods.
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