Sleep Study Equipment Market Report 2025

The sleep study equipment market size has grown strongly in recent years. It will grow from $4.78 billion in 2024 to $5.14 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historical period can be attributed to an aging population, a rise in obesity rates, home healthcare trends, e-commerce growth, and rising stress levels.

The sleep study equipment market size is expected to see strong growth in the next few years. It will grow to $6.82 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to increased investment in sleep research, expansion of telehealth services, increasing development of wearable sleep technology, focus on mental health, and global health initiatives. Major trends in the forecast period include the emergence of startups, the development of non-invasive devices, insurance coverage expansion, partnerships and collaborations, and the integration of AI.

The high prevalence of sleep disorders is anticipated to drive the growth of the sleep study equipment market in the future. Sleep disorders are conditions that disrupt regular, quality sleep, impacting sleep quantity, quality, or timing, and potentially causing excessive daytime sleepiness. The increase in sleep disorders is primarily attributed to socioeconomic stress, lifestyle changes, and an aging population. Sleep study equipment aids in diagnosing and managing these disorders by monitoring sleep patterns and physiological data to pinpoint issues and customize treatments. For example, a survey by SleepFoundation.org in May 2023, a US-based non-profit focused on sleep health information and comprehensive product testing, found that between 50 million and 70 million people experienced persistent sleep disorders, with a rise linked to post-traumatic stress disorder (PTSD). Additionally, 70% of adults are affected by seasonal affective disorder (SAD). Consequently, the high prevalence of sleep disorders is fueling the growth of the sleep study equipment market.

Major companies in the sleep study equipment market are concentrating on developing advanced solutions, such as AI-enabled sleep scoring platforms, to enhance diagnostic accuracy, refine treatment plans, and improve patient outcomes. Incorporating artificial intelligence (AI) into sleep study equipment involves integrating sophisticated AI technologies into devices and systems that monitor and analyze sleep patterns. For example, in August 2023, Neurobit Inc., a US-based health analytics firm, introduced Neurobit PSG, an AI-powered sleep scoring platform aimed at transforming sleep analysis for healthcare providers, researchers, sleep labs, and enterprises. This software provides precise and efficient sleep scoring through advanced AI algorithms, helping researchers and healthcare professionals streamline their workflows. It also ensures the secure storage of patient sleep data within the sleep lab's internal system, maintaining high levels of data protection.

In July 2023, ResMed Inc., a US-based medical technology company, acquired Somnoware for an undisclosed amount. Through this acquisition, ResMed Inc. seeks to improve efficiency in sleep and respiratory diagnostics, enhance patient care outcomes, and ensure interoperability across multiple devices and platforms. Somnoware Healthcare Systems Inc. is a US-based healthcare technology company that specializes in software solutions for sleep and respiratory care.

Major companies operating in the sleep study equipment market are Apple Inc., Samsung Electronics Co. Ltd., Xiaomi Corporation, Becton Dickinson and Company, Koninklijke Philips N.V., ResMed Inc., Nihon Kohden Corporation, Fitbit Inc., Fisher & Paykel Healthcare Limited, Loewenstein Medical Inc., DeVilbiss Healthcare LLC, Natus Medical Incorporated, SleepMed Inc., Nox Health Group, Compumedics Limited, NovaSom Inc., Oventus Medical Limited, Responsive Surface Technology Inc., Braebon Medical Corporation, Apex Medical Inc.

North America was the largest region in the sleep study equipment market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the sleep study equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the sleep study equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Sleep study equipment encompasses various devices, collectively known as polysomnography (PSG), used either in sleep laboratories or at home to diagnose sleep disorders and assess sleep quality. These devices monitor and evaluate sleep patterns, behaviors, and physiological parameters throughout the sleep period.

The primary categories of sleep study equipment include sleep monitors, masks and interfaces, sensors and accessories, and smart beds and pillows. Sleep monitors are designed to track and analyze various aspects of sleep, including duration, quality, and stages. They assist users in understanding their sleep patterns and identifying potential sleep disorders or areas for improvement. These devices are used in both online and offline sales and are employed by end users such as hospitals, sleep centers, home care settings, and other similar environments.

The sleep study equipment market research report is one of a series of new reports that provides sleep study equipment market statistics, including the Sleep study equipment industry's global market size, regional shares, competitors with a sleep study equipment market share, detailed Sleep study equipment market segments, market trends and opportunities, and any further data you may need to thrive in the sleep study equipment industry. This sleep study equipment market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The sleep study equipment market consists of sales of electroencephalography, electrocardiography, electromyogram, and home sleep apnea test (HSAT) devices. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 3-5 business days.