Global Polysomnography Devices Market Overview:
The polysomnography devices are for the study of sleep called polysomnography, this test is done to diagnose sleep disorders. There are various types of devices used for diagnosis which are diagnostic overnight polysomnography, home sleep apnea test, etc. The polysomnography devices measure the airflow in and out of the lungs while breathing, the level of oxygen in the blood, brain waves, heart rate electrical activity of muscles as well as eye and leg movements during the study. They are performed by the sleep specialists in hospitals, dedicated sleep clinic, and sleep centers, Some of the key players profiled in the study are Cleveland Medical Devices Inc. (United States), Nox Medical Global (Iceland), SOMNOmedics GmbH (Germany), ResMed (United States), Cidelec (France), Vyaire Medical Inc. (United States), Koninklijke Philips N.V. (Netherlands), Natus Medical Incorporated (United States)', Neurosoft (Russia) and Neurovirtual / Sleepvirtual (United States).
On the basis of geography, the market of Polysomnography Devices has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Mobility, the sub-segment i.e. Fixed Polysomnography Devices will boost the Polysomnography Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Tests, the sub-segment i.e. Diagnostic Overnight Polysomnography (PSG) will boost the Polysomnography Devices market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Rising Prevalence of Sleep Disorders Among Different Age Groups
- Increasing Demand for Sleep Study in for Research
- The Introduction of Polysomnography Devices with Softwares for Testing, Recording, and Analysis of Sleep for Proper Sleep Monitoring
- The Increasing Use of Sensor Technology in Polysomnography Devices
- Stringent Regulatory Standards Regarding Polysomnography Devices
- The Habit of Sleep-Related Drugs for Curing Sleep Disorders to Some People
- Continuous Research in Sleep Study Technology
- Awareness About Sleep Disorders and their Treatments
- Stiff Competition Between the Polysomnography Devices Manufactures
- Complexities with Handling of Polysomnography Devices
"According to the American Academy of Sleep Medicine (AASM), all HSAT equipment must be FDA-approved and meet the minimum requirements of the current AASM guidelines. Equipment must provide a measure of respiratory events per unit time (AHI, RDI or REI). Equipment must allow for the display of raw data for manual scoring and editing. All reusable equipment must have a unique identifier so that it may be assigned to a patient and tracked. The identifier must be recorded and used to assist in failure investigation and a plan for preventing future failures must be documented. HSAT equipment must have the capability that all PHI and physiologic data can be erased following each use of the device."
The polysomnography device market players are focusing on exploring the market by expanding their product portfolio and geographical expansion etc. They are planning to enhance their market base by investment in research and development to maintain its competitive advantages. The companies are following merger and agreement as their prefered market strategies to sustain in the market.
Target Audience:Polysomnography Devices Manufacturers, Polysomnography Devices International Traders, Polysomnography Devices Distributors and Suppliers, Research and Development Institutes, Upstream and Downstream Buyers, Potential Investors, Regulatory Bodies and Others
Major Objectives Focused through this Study To define, describe, and forecast the Global Polysomnography Devices market on the basis of product [Type 1, Type 2 and Type 3] , application [Sleep Center, Homecare Settings, Free-standing Facility, Hospital, Dedicated Sleep Clinic and Others], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Polysomnography Devices market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Polysomnography Devices industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization: Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are BMC Medical Co., Ltd. (China) and Contec Medical SYstems Co. Ltd. (China).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Polysomnography Devices market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.